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Cable Update (GBPUSD)

  • #279,081
  • May 13, 2011 4:31am May 13, 2011 4:31am
6271 daily opening
lets see if hold
90% of traders use TA, indicators and prediction
  • #279,082
  • May 13, 2011 4:55am May 13, 2011 4:55am
Quoting _BBKing_
6271 daily opening
lets see if hold
My buy not taken up and it looks like it could be a down day, as you point out.
Gone to a better place
  • #279,083
  • May 13, 2011 5:02am May 13, 2011 5:02am
Quoting smikester
My buy not taken up and it looks like it could be a down day, as you point out.
uhm
yes below daily opening..

it is in a very danger area 6250 6230
better i go for a walk outside
maybe during ny session will be better
90% of traders use TA, indicators and prediction
  • #279,084
  • May 13, 2011 5:09am May 13, 2011 5:09am
Quoting primzvicious
indeed my hourly indies says oversold
closed
Verily, in every difficulties there is relief
  • #279,085
  • Edited 5:47am May 13, 2011 5:30am | Edited 5:47am
We seem to be jammed under 1.63. A couple of touches and it was yesterday's low, now resistance.

I mean Monday's low, of course...
Gone to a better place
  • #279,086
  • May 13, 2011 5:45am May 13, 2011 5:45am
i hav put money on short move...
reason:
1. yesterday daily cs bearish.
2. crude oil will be around 110 -95 mark. will not create new high. high inventory in us.

fingger cross...
Peace Yo!
  • #279,087
  • May 13, 2011 5:50am May 13, 2011 5:50am
...short?
http://kikkichimoku.wordpress.com/20...ergenza-su-h1/
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  • #279,088
  • May 13, 2011 6:08am May 13, 2011 6:08am
It's Friday, anything could happen. But we may see London close shorts this afternoon and if so, this will fly. Don't take my word for it though. This pair is madder than a box of frogs, in my opinion.
Gone to a better place
  • #279,089
  • May 13, 2011 6:16am May 13, 2011 6:16am
No new trades from GBPUSD after yesterday covering short with 50 pips though system still in short mode, i booked profit at fixed pips and plan to make a short when drawn support line is taken out
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  • #279,090
  • May 13, 2011 6:18am May 13, 2011 6:18am
so far it's still bearish for now , I shall announce another trend (if there is reversal trend) in 2 hours time
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  • #279,091
  • May 13, 2011 6:37am May 13, 2011 6:37am
I'm loading up longs now... 1.7030. Wish me luck and don't follow me unless you know what you're doing...
Gone to a better place
  • #279,092
  • May 13, 2011 6:59am May 13, 2011 6:59am
Quoting smikester
I'm loading up longs now... 1.7030. Wish me luck and don't follow me unless you know what you're doing...
u see there..
  • #279,093
  • May 13, 2011 7:19am May 13, 2011 7:19am
Good day, just back from outside to see this ranging market. This pair can still go anywhere, after all this is friday
  • #279,094
  • May 13, 2011 7:41am May 13, 2011 7:41am
OK I'm in London and my name is Giles and I'm thinking "Hmmm we just had a good short and I want to go home early. It's a nice day out there. She's sitting on support and I'm not sure which way she'll go. F*** it! Close em for now. Let's do a long lunch and then, whatever... Come back Monday and pick it up there. What do you think, Rupert?"

"Yeah let's close em and do some snuff!"
Gone to a better place
  • #279,095
  • May 13, 2011 8:10am May 13, 2011 8:10am
ITs Friday yeah maybe crazy,
Bu still i am holding my position long,
lets see what next week will take gu.

Happy pips to all..
  • #279,096
  • May 13, 2011 8:28am May 13, 2011 8:28am
Quoting smikester
OK I'm in London and my name is Giles and I'm thinking "Hmmm we just had a good short and I want to go home early. It's a nice day out there. She's sitting on support and I'm not sure which way she'll go. F*** it! Close em for now. Let's do a long lunch and then, whatever... Come back Monday and pick it up there. What do you think, Rupert?"

"Yeah let's close em and do some snuff!"
Guys I have shorted at 6262 TP 6215.
Good Luck.
Ichimoku divergence!
  • #279,097
  • May 13, 2011 8:29am May 13, 2011 8:29am
opened one more small position with target 1.6285
stop 1.6200

hoping to get this before market closes..
  • #279,098
  • May 13, 2011 8:32am May 13, 2011 8:32am
Quoting smikester
OK I'm in London and my name is Giles and I'm thinking "Hmmm we just had a good short and I want to go home early. It's a nice day out there. She's sitting on support and I'm not sure which way she'll go. F*** it! Close em for now. Let's do a long lunch and then, whatever... Come back Monday and pick it up there. What do you think, Rupert?"

"Yeah let's close em and do some snuff!"
Nice . I thought that today it will make big movement but it appears that bulls have come back to the market, I need to wait for the result of the battle between bulls and bears and I think that it will not be concluded today considering the amount of traders today. Have a nice day and enjoy your holiday .
  • #279,099
  • May 13, 2011 8:56am May 13, 2011 8:56am
No Reversal Trend Yet . might be bearish until US session ended.
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  • #279,100
  • May 13, 2011 9:00am May 13, 2011 9:00am
Quoting Mrleeforex
No Reversal Trend Yet . might be bearish until US session ended.

grrr, always have to live with the paper loss over the weekend..... as usual, but its fine as long as it makes me happy during the (next) week
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