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Cable Update (GBPUSD)

  • #288,121
  • Sep 2, 2011 2:39pm Sep 2, 2011 2:39pm
Its too late in the day/week to take a trade on this, but if I could I'd be long. See what Asia brings.
Attached Image (click to enlarge)
Click to Enlarge Name: gugann.JPG Size: 202 KB
  • #288,122
  • Sep 2, 2011 2:47pm Sep 2, 2011 2:47pm
Quoting wormboy
maybe what
Maybe Going Down
Not dare to said Sure Going Down,As We Know This Forex anything can happening
If there was easy money lying around,no one would be forcing it into your
  • #288,123
  • Sep 3, 2011 1:25am Sep 3, 2011 1:25am
http://lcchong.files.wordpress.com/2...ng?w=877&h=397

http://lcchong.files.wordpress.com/2...ng?w=877&h=398

http://lcchong.files.wordpress.com/2...ng?w=877&h=398
  • #288,124
  • Edited 7:08am Sep 3, 2011 6:19am | Edited 7:08am
Monthly :
Stay below 50 hi low fibo of August

Weekly
Close : few pips above low of week 3 august
Sentiment :
bearish
once we get lower TF candle close below low of week 3 august and stay below the blue box,this baby's trying to go to 6100 ish / red box area

Daily
Close : above blue range area
Sentiment :
daily candle tried hard to stop bear.Once we break green area, the light blue area is promising to visit

Blue Area
Top :50 hi low fib of sept- 2
Bottom :50 hi low fib of sept-1

Green Area : little gap sept -1 ( at least in my enemy's candle ... other broker may show spikes etc etc )
Attached Image(s) (click to enlarge)
Click to Enlarge Name: weekly sept1.gif Size: 18 KB
Click to Enlarge Name: daily sept2.gif Size: 20 KB
not euphoria follower
  • #288,125
  • Edited 7:09am Sep 3, 2011 6:55am | Edited 7:09am
.
Quoting iqyu5an
Monthly :
Stay below 50 hi low fibo of August

Weekly
Close : few pips above low of week 3 august
Sentiment :
bearish
once we get lower TF candle close below low of week 3 august and stay below the blue box,this baby's trying to go to 6100 ish / red box area

Daily
Close : above blue range area
Sentiment :
daily candle tried hard to stop bear.Once we break green area, the light blue area is promising to visit

Blue Area
Top :50 hi low fib of sept- 2
Bottom :50 hi low fib of sept-1

Green Area : little gap sept...
Attached Image (click to enlarge)
Click to Enlarge Name: 4H gu.GIF Size: 18 KB
not euphoria follower
  • #288,126
  • Sep 3, 2011 9:34am Sep 3, 2011 9:34am
has any1 got any experience connecting a headset for skype which has a modem connector..the blasted thing isnt working for me?

any idea? ..it doesnt have the normal connector

will post chart for u guys later
  • #288,127
  • Sep 3, 2011 10:05am Sep 3, 2011 10:05am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 95 KB
90% of traders use TA, indicators and prediction
  • #288,128
  • Edited 10:38am Sep 4, 2011 10:25am | Edited 10:38am
Quoting iqyu5an
Monthly :
Stay below 50 hi low fibo of August

Weekly
Close : few pips above low of week 3 august
Sentiment :
bearish
once we get lower TF candle close below low of week 3 august and stay below the blue box,this baby's trying to go to 6100 ish / red box area

Daily
Close : above blue range area
Sentiment :
daily candle tried hard to stop bear.Once we break green area, the light blue area is promising to visit

Blue Area
Top :50 hi low fib of sept- 2
Bottom :50 hi low fib of sept-1

Green Area : [url="http://www.forexfactory.com/showthread.php?p=4919812#post4919812"]little...
Im trying to understand your analysis...

Forgive me, Im a bit slow. Where is "monthly 50" exactly? is it at the blue box?
  • #288,129
  • Sep 4, 2011 12:06pm Sep 4, 2011 12:06pm
Daily t/f is in an opa downtrend now with 2 x LH's and a LL at last weeks Lo seen on Thursday last. The rise/pullback from said 6131 Lo found supply at the previous 4hr/daily swing lo zone (previous resistance) confluence with 23.6% 6617-6131 and 38.2% 6454-6131.

Not shown on pic below the Daily 100sma remains above it's 200sma although could just be beginning to point down.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 109 KB
ex member
  • #288,130
  • Sep 4, 2011 1:10pm Sep 4, 2011 1:10pm
Quoting _BBKing_
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 24 KB
  • #288,131
  • Sep 4, 2011 1:19pm Sep 4, 2011 1:19pm
Expecting next bigger move to 1.6743 direct , against strong down right now though , eu also .long there both to test low risk, smaller sl .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu41.gif Size: 10 KB
Click to Enlarge Name: eu42.gif Size: 8 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #288,132
  • Sep 4, 2011 3:30pm Sep 4, 2011 3:30pm
Eu's ECB and Uk's Boe decisions this coming week could snuff out any bullishness that may develop ?

http://www.fxtimes.com/fundamental-u...ons-this-week/

G/L
ex member
  • #288,133
  • Sep 4, 2011 4:21pm Sep 4, 2011 4:21pm
Opening Gap cca 65pip lower as Friday close

@1.6153 (instaforex)
  • #288,134
  • Sep 5, 2011 12:52am Sep 5, 2011 12:52am
Morning , gu ok unlike tank another extension down eu . limits 6227 & 6253 up & supports intact down 6110, new smaller one 6132. waiting next action in bear now to convert into bull start.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #288,135
  • Sep 5, 2011 1:32am Sep 5, 2011 1:32am
Quoting TheloniusPip
Are you guys gonna be trading on Labor Day?
Morning.

Personally, won't trade on Labor day.

Josef
  • #288,136
  • Sep 5, 2011 2:01am Sep 5, 2011 2:01am
i am looking to go long on GBP but USD index it very scary since last week insane bullish trend, i am trying to figure out whats driving usd so higher ...

if the number comes out above 56+ for PMI i will go long on Cable.


Happy Trading.
  • #288,137
  • Sep 5, 2011 2:06am Sep 5, 2011 2:06am
Bearish still intact
Attached Image (click to enlarge)
Click to Enlarge Name: GU 4H.png Size: 35 KB
If there was easy money lying around,no one would be forcing it into your
  • #288,138
  • Sep 5, 2011 3:01am Sep 5, 2011 3:01am
30min pinbar candle results from bounce off the previous 4hr/daily swing lo zone shown on 4hr screenshot below.

Below here, near-term:

6126-23-10 prev 4hr/daily swing lo zone
6099 fib
6089-68 prev minor 4hr sw lo zone with Daily S1 @/around 6088 and Weekly S1 @/around 6076
6037 Monthly S1 @/around
6032-13-03 prev daily/4hr sw lo zone
5978 fib
5943 Weekly S2 @/around
5913-03 prev 4hr minor swing lo zone
5820 Monthly S2 @/around
5878-15-5779 prev 4hr/daily/weekly swing lo zone
5754 Weekly S3 @/around
　
Uk Pmi services data due 0930am London.

G/L　
　


　
　
　
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 99 KB
ex member
  • #288,139
  • Sep 5, 2011 3:05am Sep 5, 2011 3:05am
Re Uk services Pmi number, could see some £ weakness on the knee-jerk (+?) if bad print. Conversely could see some £ rallying on the knee-jerk (+?) if good number.

It's data, anything or nothing can happen.

G/L
ex member
  • #288,140
  • Sep 5, 2011 3:35am Sep 5, 2011 3:35am
Great Help there BBMAC...

'Definitely helped me stay w/London's "Trend",
down to a "T.P." area just above that 1.6099 "Fib" area.

Thanks Buddy,
For the posting...
I'll let her do what she wishe's for here,
Thanks Again,

Jeff
I will work to Objectively Identify my Edges
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