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Cable Update (GBPUSD)

  • #277,961
  • Apr 29, 2011 8:41am Apr 29, 2011 8:41am
Quoting sphinx8
ok so whay are the guesses for today's close?
where the hell is the correction

all focus is on poor US but I hope soon detailed GB data will take interest ..... of the bear too
My opinion Price will Close around here 1.6685 something after make some flying in near term, because I believe on half monday asia we still up and correction will begin late like this time.
  • #277,962
  • Apr 29, 2011 8:46am Apr 29, 2011 8:46am
Quoting Mrleeforex
EU, AU, NU , all of these currencies have bearish, why is GU still Bullish ?
Perhaps you can see the weekly candle and today is the end of last monthly candle to close, and for correlation pair try look at the Dragon (GJ) My opinion GU cant up since afternoon coz of Yen...
  • #277,963
  • Apr 29, 2011 8:51am Apr 29, 2011 8:51am
any ideas on the effects on GU of bernanke speaking later?
  • #277,964
  • Apr 29, 2011 9:13am Apr 29, 2011 9:13am
Quoting smikester
If you refer here: http://www.fxtsp.com/tools/relative-strength-index.html and look at the 15 minute chart you will see Sterling has out performed most currencies for the second part of this month. So that is wrong.



How come you felt the need to hedge, then, in a clear up trend?

I don't doubt you can trade, but coming here to advertise your blog spot does not impress me.
I don't have any reason to advertise my blogs. I did not hedge my trade, but lock it when one of the two trades reached 300 pips. If you read my post clearly you will see my reason for this.

As I explained in my post, my analysis indicates that price is aiming for 1.68500 - 1.70000. I edge my profit at predetermined levels out of curiosity to test the validity of my analysis. The open trade is my guinea pig for this.

The chart with live trades was actually attached in error, hence the reason why I explained the trades. I am sorry to disappoint you, I am not here to impress anybody!
  • #277,965
  • Apr 29, 2011 10:32am Apr 29, 2011 10:32am
Gold and GU already move up, EU did't give any move yet, if till US close still continue like this, so probably next week open we will have big gap on EU...funny if peoples don't want 'free' interest rate..
I will be the number one Manager.
  • #277,966
  • Apr 29, 2011 10:56am Apr 29, 2011 10:56am
Quoting javapips
Gold and GU already move up, EU did't give any move yet, if till US close still continue like this, so probably next week open we will have big gap on EU...funny if peoples don't want 'free' interest rate..
Probably, but not definite.
  • #277,967
  • Apr 29, 2011 10:57am Apr 29, 2011 10:57am
Quoting qwertymyfx
Probably, but not definite.
And also, don't forget about the gap closing on Sunday night.
  • #277,968
  • Apr 29, 2011 11:07am Apr 29, 2011 11:07am
Quoting PoundTrader
got stop out at 1.6581, now im long 1.6617, t/p 1.6831
took profit at 1.6711 im done for the week
  • #277,969
  • Apr 29, 2011 11:22am Apr 29, 2011 11:22am
what the heck, where is the correction?

correction was expecyed few times at different levels but nothing yet only climb and climb

also what about some GB data? this past weeks were all about US
  • #277,970
  • Apr 29, 2011 11:23am Apr 29, 2011 11:23am
16460 could be on the cards ...
Attached Image (click to enlarge)
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  • #277,971
  • Apr 29, 2011 11:45am Apr 29, 2011 11:45am
Quoting PoundTrader
took profit at 1.6711 im done for the week
i let one bit open...
90% of traders use TA, indicators and prediction
  • #277,972
  • Apr 29, 2011 11:46am Apr 29, 2011 11:46am
Quoting _BBKing_
i let one bit open...
how far you think she going?
  • #277,973
  • Apr 29, 2011 11:47am Apr 29, 2011 11:47am
Quoting sphinx8
what the heck, where is the correction?

correction was expecyed few times at different levels but nothing yet only climb and climb

also what about some GB data? this past weeks were all about US

why a correction?
follow the the climb climb climb n profit profit profit
90% of traders use TA, indicators and prediction
  • #277,974
  • Apr 29, 2011 11:48am Apr 29, 2011 11:48am
Quoting _BBKing_
i let one bit open...
cool King...! cya next late monday for SHORT Party
  • #277,975
  • Apr 29, 2011 11:50am Apr 29, 2011 11:50am
Quoting PoundTrader
how far you think she going?
68 area
but next week is also next month.
if it goes in retrace mode, i will get stopped @Bep 6540
already banked 80% of whole position.

if goes straight in boost will target monday
90% of traders use TA, indicators and prediction
  • #277,976
  • Apr 29, 2011 11:53am Apr 29, 2011 11:53am
Quoting deryworlds
cool King...! cya next late monday for SHORT Party
yeah!
i dont know if i will be able to short this thing.... but a buy at lower point would be great!
90% of traders use TA, indicators and prediction
  • #277,977
  • Apr 29, 2011 11:56am Apr 29, 2011 11:56am
Quoting _BBKing_
yeah!
i dont know if i will be able to short this thing.... but a buy at lower point would be great!
Today Projection max at 61.8% 1.6774 and I believe 100% will be monday and new Buying Intraday possible at 1.6665 while closing today maybe at 1.6685 area... Okay buddy cya next battle of new month have nice pips
  • #277,978
  • Apr 29, 2011 12:01pm Apr 29, 2011 12:01pm
Quoting _BBKing_
68 area
but next week is also next month.
if it goes in retrace mode, i will get stopped @Bep 6540
already banked 80% of whole position.

if goes straight in boost will target monday
  • #277,979
  • Apr 29, 2011 12:29pm Apr 29, 2011 12:29pm
Quoting sphinx8
what the heck, where is the correction?
  • #277,980
  • Apr 29, 2011 12:48pm Apr 29, 2011 12:48pm
Quoting redbeben
now we go down to under 1.66 level finally

1.65 here we cooommmeeeeeeeeeee

God bless the royal wedding as it is kansas city shuffling the market

uhm, what happened? doesn't wanna let the bear play
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