Hi chazzle. 10.30am UK according to FF news. In my opinion he's the one of the good guys and he seems to have a handle on inflation.
Gone to a better place
Cable Update (GBPUSD)
- #278,801
- May 10, 2011 6:32pm May 10, 2011 6:32pm
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #278,802
- May 10, 2011 6:33pm May 10, 2011 6:33pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
Hi chazzle. 10.30am UK according to FF news. In my opinion he's the one of the good guys and he seems to have a handle on inflation.
- #278,805
- May 10, 2011 10:11pm May 10, 2011 10:11pm
Good day guys, just wake up to see this ranging market again. So far we have seen 3 bottoms, it seems obvious that bears are no go but it didn't go higher which means bulls don't have enough strength to bring it higher either. My best choice for now is scalping buy low sell high till before news. If breakout happens, I'll just follow the direction. 
- #278,807
- May 11, 2011 12:38am May 11, 2011 12:38am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Good day guys, just wake up to see this ranging market again. So far we have seen 3 bottoms, it seems obvious that bears are no go but it didn't go higher which means bulls don't have enough strength to bring it higher either. My best choice for now is scalping buy low sell high till before news. If breakout happens, I'll just follow the direction.
Thank You 
- #278,808
- May 11, 2011 12:38am May 11, 2011 12:38am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
good morning/evening guys
i got a very great sleep and got free pips by buying ej n uj while sleeping.
if some one interested usdjpy is going above 23% fibo (85.40 --> 79.60) and can see more up if confirmed above 81.00
. if fail, will come slowly down again.
gbp usd i still see this channel and i really dont like it!!
sincerely, looking how it is working into the channel, i see a lot of candles near lower line, and only some 3-4 near the upper line.
you can see same channel before the 67 area, price was more candles near upper line..........
anyway im still in bull side on gbp usd coz daily weekly monthly say this.
so.. if to buy i will check if goes more down but not below 6300 n 6250 to try a bit position on confirmation of faster TF, then if goes good add other buy above 6430-6450
below 6300 n 6250 thigs goes bad.
i got a very great sleep and got free pips by buying ej n uj while sleeping.
if some one interested usdjpy is going above 23% fibo (85.40 --> 79.60) and can see more up if confirmed above 81.00
. if fail, will come slowly down again.gbp usd i still see this channel and i really dont like it!!
sincerely, looking how it is working into the channel, i see a lot of candles near lower line, and only some 3-4 near the upper line.
you can see same channel before the 67 area, price was more candles near upper line..........
anyway im still in bull side on gbp usd coz daily weekly monthly say this.
so.. if to buy i will check if goes more down but not below 6300 n 6250 to try a bit position on confirmation of faster TF, then if goes good add other buy above 6430-6450
below 6300 n 6250 thigs goes bad.
90% of traders use TA, indicators and prediction
- #278,809
- May 11, 2011 12:39am May 11, 2011 12:39am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #278,810
- May 11, 2011 12:41am May 11, 2011 12:41am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
good morning/evening guys
i got a very great sleep and got free pips by buying ej n uj while sleeping.
if some one interested usdjpy is going above 23% fibo (85.40 --> 79.60) and can see more up if confirmed above 81.00
gbp usd i still see this channel and i really dont like it!!
sincerely, looking how it is working into the channel, i see a lot of candles near lower line, and only some 3-4 near the upper line.
you can see same channel before the 67 area, price was more candles near upper line.............
Thank You
- #278,811
- May 11, 2011 12:43am May 11, 2011 12:43am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Good day guys, just wake up to see this ranging market again. So far we have seen 3 bottoms, it seems obvious that bears are no go but it didn't go higher which means bulls don't have enough strength to bring it higher either. My best choice for now is scalping buy low sell high till before news. If breakout happens, I'll just follow the direction.
pip + pip - we said same thing
90% of traders use TA, indicators and prediction
- #278,812
- May 11, 2011 12:47am May 11, 2011 12:47am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
daily, weekly doesn't say bullish my friend
uhm, i mean main trend is on daily n weekly still upward.
on weekly until above 6000 can go more up.
on daily i will be worried below 6250
then i agree with you by sayin last week and last 7 daily candle, price went down a lot.
anyway i want it to breake channel before going into a serious position....
90% of traders use TA, indicators and prediction
- #278,813
- May 11, 2011 12:57am May 11, 2011 12:57am
- | Membership Revoked | Joined Jan 2011 | 161 Posts
hi
uhm, i mean main trend is on daily n weekly still upward.
on weekly until above 6000 can go more up.
on daily i will be worried below 6250
then i agree with you by sayin last week and last 7 daily candle, price went down a lot.
anyway i want it to breake channel before going into a serious position....
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- #278,814
- May 11, 2011 12:58am May 11, 2011 12:58am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
tenner says we tank
Gone to a better place
- #278,815
- May 11, 2011 1:02am May 11, 2011 1:02am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
hi
uhm, i mean main trend is on daily n weekly still upward.
on weekly until above 6000 can go more up.
on daily i will be worried below 6250
then i agree with you by sayin last week and last 7 daily candle, price went down a lot.
anyway i want it to breake channel before going into a serious position....
Good luck on the longs if you have any. I'd rather look for sells unless the mentioned levels are taken out.
Thank You
- #278,816
- May 11, 2011 1:03am May 11, 2011 1:03am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Morning Tiger.
Thank You
- #278,817
- May 11, 2011 1:13am May 11, 2011 1:13am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
That bearish engulfer might not play out. It closed at 1.6364 on my feed. Since then we visited 1.6270 and bounced off the tops of those weekly bars. We now have a daily bullish pin bar, not yet played out.
But if we are in a downtrend now, we should retrace to 1.6450, a 38% retrace.
Oh OK, here's your tenner...
But if we are in a downtrend now, we should retrace to 1.6450, a 38% retrace.
Oh OK, here's your tenner...
Gone to a better place
- #278,818
- May 11, 2011 1:13am May 11, 2011 1:13am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
The weekly had produced the bearish engulfer - a top reversal pattern. And price had stayed below both the weekly & monthly pivot. These are not bullish indications.
Good luck on the longs if you have any. I'd rather look for sells unless the mentioned levels are taken out.
no positions on gbp at moment
only if we breake mentioned levels.
today can happen with gov. King's speaking
90% of traders use TA, indicators and prediction
- #278,819
- May 11, 2011 1:18am May 11, 2011 1:18am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
I have some longs from 1.6330, from last night, at BE. But I don't expect them to live long. 
Gone to a better place
- #278,820
- May 11, 2011 1:23am May 11, 2011 1:23am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
no positions on gbp at moment
only if we breake mentioned levels.
today can happen with gov. King's speaking
But we're still in a range for now. Good Yen shorts there. Keep a hold if you can.
Gone to a better place