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Cable Update (GBPUSD)

  • #281,101
  • Jun 10, 2011 4:17am Jun 10, 2011 4:17am
Quoting stulic
Good question, let me know if you find the answer gl 2u2
I'm looking at the previous 1hr + swing lows, fibs and trend lines and see-ing PA and any hidden div around them...will see what happens, bounce off current daily low quite strong atm.

G/L
ex member
  • #281,102
  • Jun 10, 2011 4:24am Jun 10, 2011 4:24am
there is a lot of demand coming in here. Be careful with the shorts.
  • #281,103
  • Jun 10, 2011 4:25am Jun 10, 2011 4:25am
GBP/USD makes new monthly intraday low of 1.6214 will this be the critical moment or further downside after a fruitful long.
Keep the Lights on then you can catch the rise from the dark.
  • #281,104
  • Jun 10, 2011 4:29am Jun 10, 2011 4:29am
i think gbp rest a little bit.
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #281,105
  • Jun 10, 2011 4:29am Jun 10, 2011 4:29am
Quoting willh
there is a lot of demand coming in here. Be careful with the shorts.
Shorts side looks more fruitful...
  • #281,106
  • Jun 10, 2011 4:30am Jun 10, 2011 4:30am
Attached Image (click to enlarge)
Click to Enlarge Name: gusdm15.gif Size: 25 KB
90% of traders use TA, indicators and prediction
  • #281,107
  • Jun 10, 2011 4:45am Jun 10, 2011 4:45am
at last it find a good resistance 130.650 area GJ -70 pips.. Im waiting for retracement.

heh. it settles @ 50% fib
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #281,108
  • Jun 10, 2011 4:50am Jun 10, 2011 4:50am
we are in support/demand area.
i buy limit 6170.
Attached Image (click to enlarge)
Click to Enlarge Name: gusdd1.jpg Size: 109 KB
90% of traders use TA, indicators and prediction
  • #281,109
  • Jun 10, 2011 4:51am Jun 10, 2011 4:51am
hi bb . i have long @ 16300 just betting what you think
Just Newbie Need Guidance From The Expert
  • #281,110
  • Jun 10, 2011 4:53am Jun 10, 2011 4:53am
Price exceeds the 50% fib of the daily fall 6383-6212 now after a strong bounce from 6212 post data current daily lo.

Fibs shown on 1hr below are from 6465, 6439 and 6383 to that 6212 lo, alos the 6546-6212 move is probably relevant for fibs (on 4hr chart.)

100pip bounce up now from the current daily lo - any sellers ?

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 92 KB
ex member
  • #281,111
  • Jun 10, 2011 4:58am Jun 10, 2011 4:58am
price challenging the previous 4hr/daily swing lo zone co-existant with 38.2% 6465-6212 right now.

Fiishing here for session/week..may pop back later this pm to see what I missed.

G/L
Attached Image
ex member
  • #281,112
  • Jun 10, 2011 5:01am Jun 10, 2011 5:01am
Quoting NoviceInd
hi bb . i have long @ 16300 just betting what you think

hello
how is there?
6300 buy?..... uhm.. not today imo
90% of traders use TA, indicators and prediction
  • #281,113
  • Jun 10, 2011 5:04am Jun 10, 2011 5:04am
reaction 20 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gusdm15.gif Size: 27 KB
90% of traders use TA, indicators and prediction
  • #281,114
  • Jun 10, 2011 5:04am Jun 10, 2011 5:04am
its retracing, hope US will help to sell
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #281,115
  • Jun 10, 2011 5:14am Jun 10, 2011 5:14am
we have no reason to go north .
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 190 KB
A chart helps those who can read it.
  • #281,116
  • Jun 10, 2011 5:17am Jun 10, 2011 5:17am
Quoting geniusztc
we have no reason to go north .
I agree with you. Took a short now @ 6288 for 6188.
  • #281,117
  • Jun 10, 2011 5:20am Jun 10, 2011 5:20am
short at 6290
  • #281,118
  • Jun 10, 2011 5:22am Jun 10, 2011 5:22am
Any body is looking to short now, just keep an eye for target till 6255 as this zone is highly for demand.

GL
  • #281,119
  • Jun 10, 2011 5:22am Jun 10, 2011 5:22am
im happy with 6261
trailin stop 10pips
reasons on chart


then will see what happen if goes there
Attached Image (click to enlarge)
Click to Enlarge Name: gusdm1.gif Size: 30 KB
90% of traders use TA, indicators and prediction
  • #281,120
  • Jun 10, 2011 5:25am Jun 10, 2011 5:25am
possible reaction 6275
90% of traders use TA, indicators and prediction
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