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Cable Update (GBPUSD)

  • #281,561
  • Jun 15, 2011 7:34am Jun 15, 2011 7:34am
us data is green what next in the market
Keep the Lights on then you can catch the rise from the dark.
  • #281,562
  • Jun 15, 2011 7:46am Jun 15, 2011 7:46am
Quoting ricmaj
us data is green what next in the market
uhm
gbp usd and euro usd sold since yesterday.
usd jpy fly

this first impulsive move on market

sincerely.... im little in doub.
im looking closely to gbp usd if start a bit move up

very near strong support area after a strong down move.
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  • #281,563
  • Jun 15, 2011 7:52am Jun 15, 2011 7:52am
Cable has moved about 150pips from asian highs,we need to be careful here considering it has surpassed its normal daily range.
  • #281,564
  • Jun 15, 2011 7:53am Jun 15, 2011 7:53am
if this hour closes between 6258/66 then bottom has been formed i buy on the dips. Safe Trades as usual.
Keep the Lights on then you can catch the rise from the dark.
  • #281,565
  • Jun 15, 2011 7:54am Jun 15, 2011 7:54am
nice h1 candle
looks like a call for bulls.

isn't it?
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  • #281,566
  • Jun 15, 2011 7:55am Jun 15, 2011 7:55am
Quoting _BBKing_
uhm
gbp usd and euro usd sold since yesterday.
usd jpy fly

this first impulsive move on market

sincerely.... im little in doub.
im looking closely to gbp usd if start a bit move up

very near strong support area after a strong down move.
I'm still lost in determining whether these are just "small ups and downs" on the way from low 1.60x about a month ago to the 1.70top or if this has to bottom out again at or under 1.60 to finally climb for good to 1.7
  • #281,567
  • Jun 15, 2011 8:03am Jun 15, 2011 8:03am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 144 KB


momentum intact imho
Hero calls followed by margin calls...
  • #281,568
  • Jun 15, 2011 8:08am Jun 15, 2011 8:08am
Quoting sphinx8
I'm still lost in determining whether these are just "small ups and downs" on the way from low 1.60x about a month ago to the 1.70top or if this has to bottom out again at or under 1.60 to finally climb for good to 1.7
forgetting for a while the usdollar,
i think until we won't hear from BOE of upcomming interest rates hike, this thing won't go above 1.64 again.
this because BOE will increase rates when they will have a reason to do that.

so, 'answering' to you, i think these are 'small ups n downs' into the main weekly/monthly picture
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  • #281,569
  • Jun 15, 2011 8:09am Jun 15, 2011 8:09am
Why is GU going down further after the TIC Long-Term Purchases actual was less than forecasts? could this be relatively less influencial than the previous bearish news in the UK?
  • #281,570
  • Jun 15, 2011 8:13am Jun 15, 2011 8:13am
m5...
Attached Image (click to enlarge)
Click to Enlarge Name: gusdm5.gif Size: 28 KB
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  • #281,571
  • Jun 15, 2011 8:15am Jun 15, 2011 8:15am
Quoting ozgurerisir
Why is GU going down further after the TIC Long-Term Purchases actual was less than forecasts? could this be relatively less influencial than the previous bearish news in the UK?

previous 24
actual 30

not so bad......
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  • #281,572
  • Jun 15, 2011 8:18am Jun 15, 2011 8:18am
Quoting _BBKing_
previous 24
actual 30

not so bad......

anyway overall picture from USA data not really good for usa economy.
uhm..
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  • #281,573
  • Jun 15, 2011 8:29am Jun 15, 2011 8:29am
Well i'm back. LONG DAY.

So what happened today
  • #281,574
  • Jun 15, 2011 8:33am Jun 15, 2011 8:33am
Quoting Praga
Well i'm back. LONG DAY.

So what happened today

uhm
boring day... all pairs n crosses in tight range 20 pips max

was better if i went sleep
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  • #281,575
  • Jun 15, 2011 8:39am Jun 15, 2011 8:39am
dont be scared about those moves near 6255

was me entering some long position and closing the short's one
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  • #281,576
  • Jun 15, 2011 8:42am Jun 15, 2011 8:42am
small move up on gold
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  • #281,577
  • Jun 15, 2011 8:46am Jun 15, 2011 8:46am
Quoting _BBKing_
dont be scared about those moves near 6255

was me entering some long position and closing the short's one
Hero calls followed by margin calls...
  • #281,578
  • Jun 15, 2011 8:46am Jun 15, 2011 8:46am
m5 again
Attached Image (click to enlarge)
Click to Enlarge Name: gusdm5.gif Size: 29 KB
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  • #281,579
  • Jun 15, 2011 9:04am Jun 15, 2011 9:04am
bought the h1 bullish engulfment. momentum intact. ascending Tl well respected.

lets c

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.jpg Size: 161 KB
Hero calls followed by margin calls...
  • #281,580
  • Jun 15, 2011 9:04am Jun 15, 2011 9:04am
Quoting _BBKing_
m5 again
nice one
Hero calls followed by margin calls...
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