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Cable Update (GBPUSD)

  • #294,561
  • Dec 12, 2011 3:51pm Dec 12, 2011 3:51pm
Quoting PoundTrader
im not trading this week but took a sneak peak at the system when girlfriend ( for 11yrs ) not around look like we could be heading down to 1.5400 area, GOTTA GO IL BE IN CONTACT ( yes honey i not doing nothing )
The double touch on my 4hr indi suggests this also, my trendlines offer possibility of retesting 5730 again first though. How about you?
Come with me if you want to live....
  • #294,562
  • Dec 12, 2011 3:57pm Dec 12, 2011 3:57pm
Actually, scratch that, just drilled down further visually off Flatfish and Zero cools charts as don't have access ATM, and see new trendline headind to 5425 as confirmed by 4 hr indi double touch also.
Come with me if you want to live....
  • #294,563
  • Dec 12, 2011 5:12pm Dec 12, 2011 5:12pm
Break of 5538 or so likely to see 5425.
Come with me if you want to live....
  • #294,564
  • Dec 12, 2011 5:15pm Dec 12, 2011 5:15pm
Quoting _BBKing_
just sharing med term vision at the start of a very interesting week!

h4 setup say-me strong power in short.
take a look at daily chart.... a daily closing here or near here will open for more down.

will 54 area hold another push???
in weekly chart would be the 5th.
my experience tell me that the 5th is anyway the last: breake (in this pattern need to close weekly below it) or hold and strong reverse.

time will tell.
this daily or next one will visit lower 55 area and/or 54 area.
its my opinion. im waiting to see a setup short in faster timeframes. actually not good. maybe a move near 5600-15 will answer my question while i will be sleeping as usually happens
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  • #294,565
  • Dec 12, 2011 5:17pm Dec 12, 2011 5:17pm
Quoting PoundTrader
im not trading this week but took a sneak peak at the system when girlfriend ( for 11yrs ) not around look like we could be heading down to 1.5400 area, GOTTA GO IL BE IN CONTACT ( yes honey i not doing nothing )
i agree on a possible move in 54 area.
daily setup say that to me.

im searching now a setup short.
hopefully will happen few time before london or at london beginning
90% of traders use TA, indicators and prediction
  • #294,566
  • Dec 12, 2011 5:23pm Dec 12, 2011 5:23pm
Quoting _BBKing_
this daily or next one will visit lower 55 area and/or 54 area.
its my opinion. im waiting to see a setup short in faster timeframes. actually not good. maybe a move near 5600-15 will answer my question while i will be sleeping as usually happens
I agree, 2 descending channels both heading steeply lower in line with weekly and more importantly monthly MACDs. Note: only second bearish monthly macd since GFC and happening much earlier in price reversal than the first.
Come with me if you want to live....
  • #294,567
  • Dec 12, 2011 5:25pm Dec 12, 2011 5:25pm
Have dropped my bullish optimism for now. Closed all longs.
Come with me if you want to live....
  • #294,568
  • Dec 12, 2011 5:44pm Dec 12, 2011 5:44pm
Quoting _BBKing_
this daily or next one will visit lower 55 area and/or 54 area.
its my opinion. im waiting to see a setup short in faster timeframes. actually not good. maybe a move near 5600-15 will answer my question while i will be sleeping as usually happens
i saw a lot of resistance @ 5580 . possible probability for long before establish trend is determine.
  • #294,569
  • Dec 12, 2011 6:05pm Dec 12, 2011 6:05pm
headed down as USD group is weak there is no reason for optimism with rate cuts coming next yr under 1.50 in 2012
  • #294,570
  • Dec 12, 2011 6:20pm Dec 12, 2011 6:20pm
guys again im not trading and can only check my system for a few min, so i don't have a clue where it's going, the prem say short but don't got my system running full blast, good luck back to the girl
  • #294,571
  • Dec 12, 2011 7:10pm Dec 12, 2011 7:10pm
Quoting PoundTrader
guys again im not trading and can only check my system for a few min, so i don't have a clue where it's going, the prem say short but don't got my system running full blast, good luck back to the girl
'he still here..
.
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  • #294,572
  • Dec 12, 2011 7:47pm Dec 12, 2011 7:47pm
Quoting gsantri
'he still here..
.
he did it again
  • #294,573
  • Dec 12, 2011 7:57pm Dec 12, 2011 7:57pm
Well, hell, since everyone's skeered to trade, I may as well go long..Target 1.56655.
Entry 1.55920
stop 250 pips
entry - 1.29250 s/l 200 pips
  • #294,574
  • Dec 12, 2011 10:02pm Dec 12, 2011 10:02pm
Quoting _BBKing_
this daily or next one will visit lower 55 area and/or 54 area.
its my opinion. im waiting to see a setup short in faster timeframes. actually not good. maybe a move near 5600-15 will answer my question while i will be sleeping as usually happens
Wakey wakey hand off snakey
Come with me if you want to live....
  • #294,575
  • Dec 12, 2011 10:57pm Dec 12, 2011 10:57pm
here my GU

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  • #294,576
  • Dec 12, 2011 11:37pm Dec 12, 2011 11:37pm
Quoting errich fx
here my GU

Attachment
'tis very tempting but watching Euro carefully. TL's tell me if this was going to happen it probably should have happened by now, but still a little time. If something magical comes out of the Euro think tank then could be on. I have abandoned hope for now unfortunately as I was eyeing off the same move last week. Oh well, will stay on the sides or short a break of yesterday's low to 5425 or so.
Come with me if you want to live....
  • #294,577
  • Edited 1:33am Dec 13, 2011 12:06am | Edited 1:33am
Morning , so will expect it back to the bottom level 5428 with breaks 5536 & care & wait for breaks again 5483 ,more or less straight before it's natural good spikes at any support( if any but likely some in this pair before breaks for 5343,5176) and before eu breaks 3053 for 2977 & 2893 levels .
fontu
Attached Image
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  • #294,578
  • Dec 13, 2011 12:34am Dec 13, 2011 12:34am
Quoting _BBKing_
this daily or next one will visit lower 55 area and/or 54 area.
its my opinion. im waiting to see a setup short in faster timeframes. actually not good. maybe a move near 5600-15 will answer my question while i will be sleeping as usually happens
Bro Long time Didnt saw you brother
are you still in skype??
Don't compare your Trades with Others
  • #294,579
  • Dec 13, 2011 1:17am Dec 13, 2011 1:17am
Hi everyone, I'm new in fxfactory.

My trade setup before london open. Looking to short cable around 1.5640-60, depending on price action.
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  • #294,580
  • Dec 13, 2011 1:39am Dec 13, 2011 1:39am
Quoting DubaiFX
Bro Long time Didnt saw you brother
are you still in skype??
gosh you're right!
opening it now ...
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