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Cable Update (GBPUSD)

  • #291,001
  • Oct 22, 2011 2:13pm Oct 22, 2011 2:13pm
Not sure 1.7 is a target in the near future. I'm inclined to believe it'll be fairly sideways this week and plenty on opportunity for dips and rallies.....as another member has suggested.This will be my strategy also this week although as we all know in FX nothing is certain.
FXsniper Pips This Month: -1,130
  • #291,002
  • Oct 22, 2011 5:55pm Oct 22, 2011 5:55pm


yes... we need to stay above 61xx by breaking 604x first for this scenario. look 60 quarter fib is around 609x also.

i can see it also if using quarter candle. once we stay 60 fibo level...we could go to 85 fibo where we can see 64xx ......... hmmm will be something interesting there.


oh well at the moment we're in 50 of quarter candle.......sometimes 50 fibo will be a trouble maker first for next move.... but who knows ....

Just 2 cent ....

cheers.....


Quoting nAVIN2007
ignore the very top line


my target projection is 1.7..looking at monthly chart..lets see
not euphoria follower
  • #291,003
  • Oct 23, 2011 1:28am Oct 23, 2011 1:28am
Seeing below charts I still prefer buying dips
.
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  • #291,004
  • Edited 1:49am Oct 23, 2011 1:31am | Edited 1:49am
Morning , anyway trying to be bull but hope not great as people doing in eu , monthly weekly great sr ahead for the decision making next here & for me also liquidate one related currency (physical pound ) holding 8 months in the hope that this pair go 1.7 to have my cash back without loss but seems not possible so soon or in a year next !! ( funny year long bearish in mind myself!! if here then eu also, lets see , who true in mind or in hand )

watching 1.6010 & 30 , hold or break daily candle close for 6112 to 6204 by chance .That is ,simply breaking those sr not any confirmation it will hold rather lots of time or most time set the boby trap deliberately .


fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,005
  • Oct 23, 2011 2:28am Oct 23, 2011 2:28am
'Every market top or bottom is accompanied by a sentiment extreme, but not every sentiment extreme results in a market top or bottom'.

sentiment here of course the market as a whole, not individuals.
and I was somewhat surprised found that in babypips.com

cheers

Quoting fontu
..trying to be bull but hope not great as people doing in eu..
  • #291,006
  • Oct 23, 2011 2:29am Oct 23, 2011 2:29am
Quoting egkid
Not now my friend
Still hold ur long?

1.70 is a stretch but 1.65 is certainly on the cards..we have to wait and see
yes buddy still in
  • #291,007
  • Oct 23, 2011 3:50am Oct 23, 2011 3:50am
i think it will drop on monday down to 1.5800
  • #291,008
  • Oct 23, 2011 4:11am Oct 23, 2011 4:11am
Quoting PoundTrader
i think it will drop on monday down to 1.5800
Very tough reach there before another top formation but 5948/35 likely limit before the up with market open , so gap down likely also if any . bull set up at top now & another leg up should be in need for more correction down . weekends may destort any way though & still some wave will be maintained .
lets see .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,009
  • Oct 23, 2011 4:17am Oct 23, 2011 4:17am
Quoting gsantri
'Every market top or bottom is accompanied by a sentiment extreme, but not every sentiment extreme results in a market top or bottom'.

sentiment here of course the market as a whole, not individuals.
and I was somewhat surprised found that in babypips.com

cheers
very good says , what seeing or doing not always the true , the least expect may play time to time to ruin us . so to apply my signature .
not see though babypips anytime in many many years .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #291,010
  • Oct 23, 2011 6:10am Oct 23, 2011 6:10am
Quoting fontu
very good says , what seeing or doing not always the true , the least expect may play time to time to ruin us . so to apply my signature .
not see though babypips anytime in many many years .
fontu
So true.

Enjoy the last moments of the weekend. enjoy the Manchester derby.

Hotter than Man U - Barca matches ? nah.. i don't think so
  • #291,011
  • Oct 23, 2011 9:29am Oct 23, 2011 9:29am
I'm speechless.. Man U - Man C : 1 - 6
  • #291,012
  • Oct 23, 2011 9:44am Oct 23, 2011 9:44am
Quoting gsantri
I'm speechless.. Man U - Man C : 1 - 6
what the fuck...this is sick.
Hero calls followed by margin calls...
  • #291,013
  • Oct 23, 2011 9:46am Oct 23, 2011 9:46am
Quoting PhAnTi'
what the fuck...this is sick.
wtf 3 goals in the extended time ?
Hero calls followed by margin calls...
  • #291,014
  • Oct 23, 2011 10:29am Oct 23, 2011 10:29am
Quoting PhAnTi'
wtf 3 goals in the extended time ?
From what i understand the whole game is decided on penalties....extended time...Main real time is spent creating penalties....sort of like creating news to explain the market.
All systems of divination, like music itself,work through patterns.
  • #291,015
  • Oct 23, 2011 10:30am Oct 23, 2011 10:30am
Quoting gsantri
I'm speechless.. Man U - Man C : 1 - 6
unbelievable. hahaha....
  • #291,016
  • Oct 23, 2011 11:22am Oct 23, 2011 11:22am
Price is testing 15950 demand for the 7th time this year. If it breaches 16014 (200ema) and 16060 ill be looking for > 207/279/369/418/650/> 1.7. Meanwhile i'll be buying the rallies (dips) on M15 and M5.
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All systems of divination, like music itself,work through patterns.
  • #291,017
  • Oct 23, 2011 11:22am Oct 23, 2011 11:22am
Did someone say before this match that this will be his greatest game in his 25 years coaching career?
what a game!!! still noisy neighbours?
Now we know what kind of noise they make...
  • #291,018
  • Oct 23, 2011 11:50am Oct 23, 2011 11:50am
today we lost a champion.
good bye SIC
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90% of traders use TA, indicators and prediction
  • #291,019
  • Oct 23, 2011 11:58am Oct 23, 2011 11:58am
Quoting Yuchen
have a good weekend. i have my short at 5944 and i decide to hold it till it is stopped (my s/l at 6055), but if it will break down 5850 then i will move it b/e, let's see how it will go next week
hello,
im holding too my short but close more than 70% near BE and also scalped a buy before market closing.
lets see now first moves today/tomorrow
90% of traders use TA, indicators and prediction
  • #291,020
  • Oct 23, 2011 12:01pm Oct 23, 2011 12:01pm
Quoting screwup
Heloo BB,

This is my first post with this name, I hope you are happy with the number of pips you have been last week.

This is my analysis for next Monday. My expectations pivot, to the next monday is 586x. And if the bottom number is 5895, it will go to 6000.

Cheer,
hello,
why 'with this name' ?
yes im happy of pips taken last 2weeks! had very good run!!
about limits i have similar prices in 6000 n 5860 possible to see some good opportunity to sell n buy intraday!
market will tell
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