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Cable Update (GBPUSD)

  • #278,001
  • May 1, 2011 3:40am May 1, 2011 3:40am
Quoting fontu
you are so specific ,
Just asking.

Personally I am Bullish on the USD. I read ovcer 5 articles this weel that the USD is doomede, will become worthless; so on and so forth.

Time to buy!

  • #278,002
  • May 1, 2011 3:40am May 1, 2011 3:40am
Quoting fontu
you are so specific ,
Just asking.

Personally I am Bullish on the USD. I read ovce 5 articles this week that the USD is doomed, will become worthless; so on and so forth.

Time to buy!

  • #278,003
  • May 1, 2011 4:39am May 1, 2011 4:39am
Quoting Astroman
Just asking.

Personally I am Bullish on the USD. I read ovce 5 articles this week that the USD is doomed, will become worthless; so on and so forth.

Time to buy!

follow the trend....
  • #278,004
  • Edited 10:33am May 1, 2011 4:50am | Edited 10:33am
Quoting Astroman
Just asking.

Personally I am Bullish on the USD. I read ovce 5 articles this week that the USD is doomed, will become worthless; so on and so forth.

Time to buy!

may be , so not at present , let it do first .Not only usd all currencies in the doom stage right now though showing the interexchange levels some up wow & some down !!they are passenger of the same boat like the ant ball you may see flood time , they continually roll over among themselves & as a whole , a mating couble in climax may be an example but best ant ball fit perhaps or darwin fight for the survival may do .

sorry for so insulting to the currencies.they are like & we love use in making money .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #278,005
  • May 1, 2011 10:16am May 1, 2011 10:16am
Retracement back to support of 1.644 before moving back up?
  • #278,006
  • May 1, 2011 10:47am May 1, 2011 10:47am
Quoting mackaozy
Retracement back to support of 1.644 before moving back up?
why not? very possible if situation permits & markets wants to , see chart , pa possible for both bull & bear .to wat & see how actually develops next
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu4.gif Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #278,007
  • May 1, 2011 1:37pm May 1, 2011 1:37pm
Quoting Pipstrumpf
By the way I really thought that the British Empire had more Gold but .....
An oldie, but a goodie...

Gordon Brown's decision to sell half of the UK's gold...

The sale of more than half of the country's gold reserves between 1999 and 2002 has proved to be deeply controversial.

-----------------------------------------------------------

Oooops!
  • #278,008
  • May 1, 2011 3:55pm May 1, 2011 3:55pm
hello all
new day
new week
new month

i posted my ideas on next moves.
good luck n green pips to you all

this asia session i dont trade.
tomorrow a lot of european banks closed
will let market to setup unless i see some good scalp
90% of traders use TA, indicators and prediction
  • #278,009
  • May 1, 2011 4:19pm May 1, 2011 4:19pm
good morning all forex trader in the world.....
  • #278,010
  • May 1, 2011 6:45pm May 1, 2011 6:45pm
Quoting _BBKing_
hello all
new day
new week
new month

i posted my ideas on next moves.
good luck n green pips to you all

this asia session i dont trade.
tomorrow a lot of european banks closed
will let market to setup unless i see some good scalp
any idea , bearish ? is it confirmed already ?
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  • #278,011
  • May 1, 2011 7:04pm May 1, 2011 7:04pm
Quoting Mrleeforex
any idea , bearish ? is it confirmed already ?
long was confirm last week
  • #278,012
  • May 1, 2011 10:46pm May 1, 2011 10:46pm
Al Qaeda leader Osama bin Laden dead: U.S. officials

WASHINGTON (Reuters) - Osama bin Laden was killed in Pakistan and his body has been recovered by U.S. authorities, U.S. officials said Sunday night.


What $ be strong,,?
only an analysis, and I'm always wrong, don't follow me,
  • #278,013
  • May 2, 2011 12:00am May 2, 2011 12:00am
so where Is it going today? back up now?
  • #278,014
  • May 2, 2011 12:02am May 2, 2011 12:02am
Quoting andelumut
Al Qaeda leader Osama bin Laden dead: U.S. officials

WASHINGTON (Reuters) - Osama bin Laden was killed in Pakistan and his body has been recovered by U.S. authorities, U.S. officials said Sunday night.


What $ be strong,,?
I personaly do not like this because in case of some revenge and chaos like 911 the dollar will go down...... just thinking...... and I need the dollar up first
  • #278,015
  • May 2, 2011 12:13am May 2, 2011 12:13am
Quoting sphinx8
I personaly do not like this because in case of some revenge and chaos like 911 the dollar will go down...... just thinking...... and I need the dollar up first
well , I think Republican party is having their problems right now with making the whole US citizens mad by cutting their Medicare Budgets.
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  • #278,016
  • May 2, 2011 12:59am May 2, 2011 12:59am
today's range is 6625 - 6745
short near top, buy near bottom.
once breake up or down, trend can be clear.

thats all for me.
anyway i still think on 6820.
i also still think on 69 area n 7030 as top resistance.

better find a level to buy on a good bottom.

can we see it again in 65 area?
90% of traders use TA, indicators and prediction
  • #278,017
  • May 2, 2011 1:00am May 2, 2011 1:00am
Quoting _BBKing_
today's range is 6625 - 6745
short near top, buy near bottom.
once breake up or down, trend can be clear.

thats all for me.
anyway i still think on 6820.
i also still think on 69 area n 7030 as top resistance.

better find a level to buy on a good bottom.

can we see it again in 65 area?
Perhaps you are right, it might be bullish during London session. although it's Bank holiday there.
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  • #278,018
  • Edited 1:18am May 2, 2011 1:00am | Edited 1:18am
sincerely i still see strong demand on gbp......
if holds above 6670 will be 68 area by today


i updated previous chart.
levels i will watch are 6630 (again)

then 6600 not yet tested, but strong range is 6600-6630, so i can consider the 6625 as good test as we are in uptrend.
i would say 6600 can be working same of that damn 6380 which i was waitin for buy.

below here is 6550-6570 as near 61,8% fibo..... uhm.
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #278,019
  • May 2, 2011 1:17am May 2, 2011 1:17am
News definitely affected GU,AU and Eu.Would not go long till i see there is confirmation. News with BIn Laden can definitely change the game. AL Qaida definitely might do some revenge attacks. Be carefull boys
  • #278,020
  • May 2, 2011 1:21am May 2, 2011 1:21am
Hi CABLE traders. Thought I'd put my sentiment in.

I see Osama as a short term bullish psych event for U.S equity markets and currently can not see the correlation in currencies.

I am long at 1.66, looking for 1.70 by months end. I know its a big move considering PA for the last couple weeks but with the FED acknowledging that they will continue to keep the spigot open, I don't see anywhere else this pair can go medium term (2 months) but up.

Mike,
Here to learn, not teach.
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