New voice message: Why are you calling me? If I need you, I'll call you!
Cable Update (GBPUSD)
- #295,921
- Dec 28, 2011 4:37pm Dec 28, 2011 4:37pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
- #295,922
- Dec 28, 2011 4:37pm Dec 28, 2011 4:37pm
- Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
Current near-term 4hr chart as below
G/L
- #295,923
- Dec 28, 2011 4:45pm Dec 28, 2011 4:45pm
- Joined Jul 2007 | Status: Trader | 5,392 Posts
Okay I'll play along....re 4hr It's telling me that there has been a steep fall in price today and that some demand has been found at the confluence decribed in my first post above...depending on how this current 4hr candle closes the downside looks vulnerable overall. Other than that...I have no powers of prediction even with my tech analysis - I just play the set-ups in the context of prevailing pa conditions as they come along...what's it telling you ?
G/L
G/L
what is this chart telling you?
ex member
- #295,924
- Dec 28, 2011 4:50pm Dec 28, 2011 4:50pm
- Joined Jun 2011 | Status: the risk is the unknown | 2,182 Posts
what is this chart telling you?
- #295,925
- Edited 5:08pm Dec 28, 2011 4:57pm | Edited 5:08pm
- Joined Jul 2007 | Status: Trader | 5,392 Posts
re 4hr chart...I would stop at saying that it leaves the downside vulnerable as opposed to it being outright '..very bearish.. ', and this is because price remains in the recent next higher t/f -recent Daily range 5779-5409.
G/L
G/L
to me telling me very bearish
ex member
- #295,926
- Dec 28, 2011 5:02pm Dec 28, 2011 5:02pm
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
am bullish on pound long term..i will post a private link i hate posting charts exposing my drawdowns..
Hear the music before the song is over ...
- #295,927
- Dec 28, 2011 5:03pm Dec 28, 2011 5:03pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
You probably missed my more than reasonable comment that it is imo bad timing to go short @ 1.5450 after such a huge fall and just when the NY market is closing?
Come with me if you want to live....
- #295,928
- Dec 28, 2011 5:09pm Dec 28, 2011 5:09pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
not yet a buy imo!!
i could be wrong.... same i was wrong today holding my long 5622.
my plan was to short at a candle closing out of red TL in gu
LOL
same in euro: was waitin a candle confirming bearflag.
LOL
will asia buy and go completely counter this NY+London crash?
see you all tomorrow, i go sleep
i could be wrong.... same i was wrong today holding my long 5622.
my plan was to short at a candle closing out of red TL in gu
LOL
same in euro: was waitin a candle confirming bearflag.
LOL
will asia buy and go completely counter this NY+London crash?
see you all tomorrow, i go sleep
90% of traders use TA, indicators and prediction
- #295,929
- Dec 28, 2011 5:18pm Dec 28, 2011 5:18pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
check your pm
- #295,930
- Dec 28, 2011 5:19pm Dec 28, 2011 5:19pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #295,931
- Dec 28, 2011 5:21pm Dec 28, 2011 5:21pm
- Joined Jun 2011 | Status: the risk is the unknown | 2,182 Posts
- #295,932
- Dec 28, 2011 5:29pm Dec 28, 2011 5:29pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #295,933
- Dec 28, 2011 5:30pm Dec 28, 2011 5:30pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #295,934
- Dec 28, 2011 5:31pm Dec 28, 2011 5:31pm
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Oh man don't steal my thunder. I think my comment was the first sensible comment I have made on this forum in quite a while
Hear the music before the song is over ...
- #295,935
- Dec 28, 2011 5:37pm Dec 28, 2011 5:37pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #295,936
- Dec 28, 2011 5:39pm Dec 28, 2011 5:39pm
- Joined Jun 2011 | Status: the risk is the unknown | 2,182 Posts
- #295,937
- Dec 28, 2011 5:49pm Dec 28, 2011 5:49pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
5273 has good support ..then 5130 ish
looks like we are at the beginnig of something very huge down.time will tell.
but last months there is strong increasing power in US dollar.
if this is what we will see first months of 2012, i think a lot of main level will go!
would mean to see GU below 1.50 and EU below 1.20
about EU i would not be surprised!!
90% of traders use TA, indicators and prediction
- #295,938
- Dec 28, 2011 5:55pm Dec 28, 2011 5:55pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #295,939
- Dec 28, 2011 5:56pm Dec 28, 2011 5:56pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #295,940
- Dec 28, 2011 6:17pm Dec 28, 2011 6:17pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....