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Cable Update (GBPUSD)

  • #294,661
  • Dec 13, 2011 4:57pm Dec 13, 2011 4:57pm
Quoting PoundTrader
eur/usd thread is bummping, i like the pound better the moves are stronger bur eur/usd has been moving strong too
well done sir.it hit 1.5510 while I was sleeping.worth 2 days waiting
  • #294,662
  • Dec 13, 2011 5:05pm Dec 13, 2011 5:05pm
Long @ 1.5445.7..Bullish Butterfly anyone?
Attached Image (click to enlarge)
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  • #294,663
  • Dec 13, 2011 5:21pm Dec 13, 2011 5:21pm
Quoting nAVIN2007
im actually in a spot of bother brother..i have longs from 1.63..i have a long term trade looking for 1.65 to get the hell out!!

still early thou..i have been in this trade 3 months now
Am sorry to hear that Nav
Come with me if you want to live....
  • #294,664
  • Dec 13, 2011 5:21pm Dec 13, 2011 5:21pm
23 mins into the new European day (London not ended yet) and a strong down day with price exceeding it's 20 day atr. 5450 the Lo around Weekly S2. Around/below here:

5465-50 prev 1hr sw lo zone incl 5456 Weekly S2 @/around
5434-22 prev Daily/4hr sw lo zone
5420-5400 Steepest Weekly t/f asc t/line
5412 Daily S1 @/around
5386 85.4% 5270-6165
5369 Monthly S1 @/around
5353 Weekly S3 @/around
5342 Daily S2 @/around
5334-5314- 5270 prev Weekly/Daily/4hr sw lo zone ( 5420-5270 is the co-existing prev weekly sw lo zone)
5234 Daily S3 @/around
5189 61.8% 4225-6746
5110-5395 Weekly t/f asc t/line
5046 Monthly S2 @/around
5038 Weekly S4 @/around
5015-4947 prev Weekly sw lo zone
4819 76.4% 4225-6746
4662 Monthly S3 @/around
4593 85.4% 4225-6746

G/L
ex member
  • #294,665
  • Dec 13, 2011 5:34pm Dec 13, 2011 5:34pm
either your post is really late or I am completely mixed up about what time it is?
Attached Image(s) (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #294,666
  • Dec 13, 2011 5:41pm Dec 13, 2011 5:41pm
Europe (or most of it) Frankfurt/Paris/Madrid etc are on CET (central european time) which is 1hr ahead of GMT (greenwich mean time) which is where London is at the moment. So as I type this it is 23:41pm London now ie GMT and 00:41 CET.

G/L

Quoting Erebus
either your post is really late or I am completely mixed up about what time it is?
ex member
  • #294,667
  • Dec 13, 2011 6:23pm Dec 13, 2011 6:23pm
Quoting PoundTrader
yes 2007 when she was around 2.000 and above this thing drop all the way into the new year of 2008
I wasn't actually a trader back then but would loved to have put a few lots on that weekly TL break before crap hit the stock market fan.
Come with me if you want to live....
  • #294,668
  • Dec 13, 2011 7:04pm Dec 13, 2011 7:04pm
Quoting bbmac
Europe (or most of it) Frankfurt/Paris/Madrid etc are on CET (central european time) which is 1hr ahead of GMT (greenwich mean time) which is where London is at the moment. So as I type this it is 23:41pm London now ie GMT and 00:41 CET.

G/L
Pardon me, I was thinking new TRADING day while you were meaning simply a new day
It takes a lot for me to IGNORE you, but you can try.
  • #294,669
  • Dec 13, 2011 7:09pm Dec 13, 2011 7:09pm
Quoting nAVIN2007
im actually in a spot of bother brother..i have longs from 1.63..i have a long term trade looking for 1.65 to get the hell out!!

still early thou..i have been in this trade 3 months now
what was the reason for the long may i ask. this thing looks like a slow motion train wreck on the chart from 2.05 top
  • #294,670
  • Dec 13, 2011 8:42pm Dec 13, 2011 8:42pm
Quoting Chillypiper
Long @ 1.5445.7..Bullish Butterfly anyone?
Hi Chillypiper, can I ask where you got your butterfly indi from? They get a lot of good press but for some reason I have never investigated it. Looks like would be a good confirming tool with trendline analysis. Thx in advance.
Come with me if you want to live....
  • #294,671
  • Dec 13, 2011 8:44pm Dec 13, 2011 8:44pm
Quoting Ill-b-back
Hi Chillypiper, can I ask where you got your butterfly indi from? They get a lot of good press but for some reason I have never investigated it. Looks like would be a good confirming tool with trendline analysis. Thx in advance.
Does anyone else here use this indicator? Is it any good? Thx.
Come with me if you want to live....
  • #294,672
  • Dec 13, 2011 8:58pm Dec 13, 2011 8:58pm
Quoting Chillypiper
Long @ 1.5445.7..Bullish Butterfly anyone?
weird lowest i got fxcm is 5450
  • #294,673
  • Dec 13, 2011 9:08pm Dec 13, 2011 9:08pm
Quoting Ill-b-back
I wasn't actually a trader back then but would loved to have put a few lots on that weekly TL break before crap hit the stock market fan.
yeah those was the days, getting 1,000 pips off of one trade because price keep dropping mu system told me to hang in there llittle fellow
  • #294,674
  • Dec 13, 2011 9:09pm Dec 13, 2011 9:09pm
Quoting sidhujag
weird lowest i got fxcm is 5450
Me too
Come with me if you want to live....
  • #294,675
  • Dec 13, 2011 10:48pm Dec 13, 2011 10:48pm
TL, fibs and 1 hr 55ema tell me we are heading to 5559. Long at 5485 stop 5448
Come with me if you want to live....
  • #294,676
  • Dec 13, 2011 10:49pm Dec 13, 2011 10:49pm
Quoting Ill-b-back
TL, fibs and 1 hr 55ema tell me we are heading to 5559. Long at 5485 stop 5448
TP 5545
Come with me if you want to live....
  • #294,677
  • Dec 13, 2011 11:11pm Dec 13, 2011 11:11pm
Actually 5540 good target.
Come with me if you want to live....
  • #294,678
  • Edited Dec 14, 2011 1:21am Dec 13, 2011 11:23pm | Edited Dec 14, 2011 1:21am
Morning ,Similar to eu waves , limits there 5509 first & important for further down before more correction ,breaks then 5538 & 64 comes up . anyway watching the first 5509 for bottom & breaks first .signal pair AU doing great , broken parity but some more turmoils possible before settle.
http://www.forexfactory.com/showthre...57#post5221057
http://www.forexfactory.com/showthre...13#post5221013
last usdx
http://www.forexfactory.com/showthre...06#post5221206
& next play whatever comes up continue down or more correction , still to decide .
fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #294,679
  • Dec 14, 2011 1:16am Dec 14, 2011 1:16am
Back in the house temporarily until final safety inspection done.
Thought this looked interesting.
That 15min 200ema loves that trendline.

Sorry Fontu, are you saying you expect more downside on GU before any correction at all? Just inquiring in case I should close out now.
Attached Image (click to enlarge)
Click to Enlarge Name: short2.gif Size: 26 KB
Come with me if you want to live....
  • #294,680
  • Dec 14, 2011 1:23am Dec 14, 2011 1:23am
Quoting Ill-b-back
Back in the house temporarily until final safety inspection done.
Thought this looked interesting.
That 15min 200ema loves that trendline.

Sorry Fontu, are you saying you expect more downside on GU before any correction at all? Just inquiring in case I should close out now.
anything possible , frankie + London to decide if can able break few pips movement to do for more correction otherwise more down to more correction in next time.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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