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Cable Update (GBPUSD)

  • #291,921
  • Nov 4, 2011 10:47am Nov 4, 2011 10:47am
Quoting redsword11
Attachment



out most upper, locked lower

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out upper buy, closed most lower
  • #291,922
  • Nov 4, 2011 11:03am Nov 4, 2011 11:03am
Quoting redsword11
Attachment



out upper buy, closed most lower
lol
now i know why GU bounced up: was your entry!
crazy lovely GU!

lets see if fly to print new high and daily bullish candle!
90% of traders use TA, indicators and prediction
  • #291,923
  • Nov 4, 2011 11:24am Nov 4, 2011 11:24am
Quoting _BBKing_
lol
now i know why GU bounced up: was your entry!
crazy lovely GU!

lets see if fly to print new high and daily bullish candle!
I should have known that there's a market mover here.. Maybe he is Soros.. Let's wait for his short position then
  • #291,924
  • Nov 4, 2011 11:31am Nov 4, 2011 11:31am
Cable playing ping pong.. maybe excellent day for scalpers.. I think if 4h eu confirm long bearish candle, perhaps a good entry for another short is at about 3785 which is the lows of the 4h dojis.

Oh well, almost weekend and I assumed will not be a lot of activity in the market at this hour.

Happy weekend everyone.
  • #291,925
  • Nov 4, 2011 11:40am Nov 4, 2011 11:40am
Quoting A-speculator
Cable playing ping pong.. maybe excellent day for scalpers.. I think if 4h eu confirm long bearish candle, perhaps a good entry for another short is at about 3785 which is the lows of the 4h dojis.

Oh well, almost weekend and I assumed will not be a lot of activity in the market at this hour.

Happy weekend everyone.
good weekend you too
90% of traders use TA, indicators and prediction
  • #291,926
  • Nov 4, 2011 11:44am Nov 4, 2011 11:44am
Quoting _BBKing_
lol
now i know why GU bounced up: was your entry!
crazy lovely GU!

lets see if fly to print new high and daily bullish candle!

was quite surprising to me too, cable very rarely is forgiving with tight stops

currently have sells from 1.60300, possible add @ 1.60330 and tg 1.06050 area
  • #291,927
  • Nov 4, 2011 11:51am Nov 4, 2011 11:51am
cable has no one 4h candle breaks the 1.6 support yet.. I wonder what keeps the price floating above the support..

unlike eu & swissy, cable seems has it's own way on doing its thing, i guess.. perhaps not yet, maybe next week, who knows.. atm technically i'm flat on cable, let's see what next week got to give.

adios mate..
  • #291,928
  • Nov 4, 2011 12:12pm Nov 4, 2011 12:12pm
Quoting redsword11
was quite surprising to me too, cable very rarely is forgiving with tight stops

currently have sells from 1.60300, possible add @ 1.60330 and tg 1.06050 area
so true!
that move anyway have been very damaging! eaten all shorts thats for sure.

i dont think will go down soon. imo is looking to print new high, woulnd't be first time it does at friday closing time!
lets see if my scalp goes good
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #291,929
  • Nov 4, 2011 12:17pm Nov 4, 2011 12:17pm
crazy!
90% of traders use TA, indicators and prediction
  • #291,930
  • Nov 4, 2011 12:20pm Nov 4, 2011 12:20pm
No change in my view. long from 1.5952.
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  • #291,931
  • Nov 4, 2011 12:22pm Nov 4, 2011 12:22pm
Fifty looming...20 mins past close, 1st fri of the month...
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All systems of divination, like music itself,work through patterns.
  • #291,932
  • Nov 4, 2011 12:25pm Nov 4, 2011 12:25pm
in h1 volumes helped.
after nfp looks like big flows left market alone to cover selling presure then came again into near 5960 and destroyed everything.
amazing!

if now goes well up, this area 6000-6040 will be good entry in consolidation
i was hoping for this since start of the week.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 39 KB
90% of traders use TA, indicators and prediction
  • #291,933
  • Nov 4, 2011 12:33pm Nov 4, 2011 12:33pm
ok week end here for me
see all on monday!

bybye and good relax
90% of traders use TA, indicators and prediction
  • #291,934
  • Nov 4, 2011 12:44pm Nov 4, 2011 12:44pm
Quoting _BBKing_
in h1 volumes helped.
after nfp looks like big flows left market alone to cover selling presure then came again into near 5960 and destroyed everything.
amazing!

if now goes well up, this area 6000-6040 will be good entry in consolidation
i was hoping for this since start of the week.
A few posts ago you were saying that price was looking for a new high ( you didnt specify FROM what TF) . Next you say you're looking to short. Now you're saying that you predict consolidation in a 40 pip range. You seem to be looking for feedback from other posters...why not stay on the sidelines and learn?
All systems of divination, like music itself,work through patterns.
  • #291,935
  • Nov 4, 2011 12:55pm Nov 4, 2011 12:55pm
Quoting kaspopsicle
A few posts ago you were saying that price was looking for a new high ( you didnt specify FROM what TF) . Next you say you're looking to short. Now you're saying that you predict consolidation in a 40 pip range. You seem to be looking for feedback from other posters...why not stay on the sidelines and learn?
i never said the word "short"
i never predict anything!
i said "if goes now up well, this area will be good entry in consolidation"
maybe my english is not so good. below better seen what i mean in the chart.

when i post something i suppose people who read knows something about actual pattern of GU.

about stay in sidelines and learn .... oh well... every day i have something to learn.
and then im here every day to share and study every damn move that this pair does during whole day and weeek and i do my trading by my own and rarely post my trades. this week GU paid me more than 500 pips using my strategy that involves daily+h4+h1+scalp studies.

so question now is: do we need a signal provider here or do we need to share info and studies?
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #291,936
  • Nov 4, 2011 2:17pm Nov 4, 2011 2:17pm
Quoting _BBKing_
so true!
that move anyway have been very damaging! eaten all shorts thats for sure.

i dont think will go down soon. imo is looking to print new high, woulnd't be first time it does at friday closing time!
lets see if my scalp goes good

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took a minor hit on earlier sells, sold from days high back to nearest support, out most and locked


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....... and other sells



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... intraday crude buy, out with most a bit earlier and locked
  • #291,937
  • Nov 4, 2011 2:56pm Nov 4, 2011 2:56pm
what a crazy day just back from work and it didnt move

weekly candle is bearish but euro bs is around..if today isnt giving a direction damn what will??
  • #291,938
  • Nov 4, 2011 4:01pm Nov 4, 2011 4:01pm
Quoting _BBKing_
i never said the word "short"
i never predict anything!
i said "if goes now up well, this area will be good entry in consolidation"
maybe my english is not so good. below better seen what i mean in the chart.

when i post something i suppose people who read knows something about actual pattern of GU.

about stay in sidelines and learn .... oh well... every day i have something to learn.
and then im here every day to share and study every damn move that this pair does during whole day and weeek and i do my trading by my own and...
My point exactly. Why post signals, up, down or sideways. Why do you have to learn through posting what you think will happen, looking for feedback, rather than posting a chart with analysis (un biased )
So many have posted with arrogance,while they are in fact absolute beginners,( i could list several who are now 10v+) in an attempt to gain approval and confidence to enter a trade.
And then there are the scammers who'll call a shout (with no chart back up worth mentioning)hoping to find their followers from the people who have failed , perhaps from following the immature eejits who post as if they know what they are doing.
I've highlighted your remark (above) because i feel it contrary to the rest of your post and somewhat dillusional. I know from your posts that i have a better handle of Cable than you, possibly because of my charting package , which is very fast in clicking through time frames. Whatever, i find your comment patronising in the extreme, most people who get on to this thread do so to LEARN how to read Cable.Those posters that intimate that they know ( or even think or guess or use a robot) what they are talking about should be very careful in what they say.
All systems of divination, like music itself,work through patterns.
  • #291,939
  • Nov 4, 2011 5:55pm Nov 4, 2011 5:55pm
In my humble opinion cable closed on a bullish note.
But when I apply the same chart parameters to EUR/USD and EUR/GBP I get the contrary results.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd.gif Size: 168 KB

It does look like some people bring their money home.
Waiting for more confirmation, sideline for me.
  • #291,940
  • Nov 4, 2011 6:07pm Nov 4, 2011 6:07pm
Quoting Pipstrumpf
In my humble opinion cable closed on a bullish note.
But when I apply the same chart parameters to EUR/USD and EUR/GBP I get the contrary results.
Attachment
It does look like some people bring their money home.
Waiting for more confirmation, sideline for me.

weekly is bearish but 1.60 needs to go and thats support for sure
the problem is both USD and also pound is gaining strength the factor which will determine is euro resolution..

still see 1.65 in this month
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