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Cable Update (GBPUSD)

  • #296,281
  • Edited 10:54pm Dec 31, 2011 11:39am | Edited 10:54pm
Quoting nAVIN2007
if thats he's yearly theres no doubt about it..its bullish which is why im confused not like what i have seen..

year b4 was bearish..indecision this year to break lower..thats a bullish stance as there indecison to move lower
After seeing the chart checked monthly tf in the morning , so far up since 2008 were mere correction , only 50% fib abled do, & any ,any more if want see may take another year or 2 who know!! or not at all . double dooms now may invite a massive camel action ok but when ? no indication yet .
Rather if want see an impulse running down , there already to break the low smooth , set upwise a bear set up still working & no sign yet bear trying it to change into bull yet . any way any thing if happen may need lots more time , to 50% correction or more , anything or bear continue as running for . ltl there at high up than close wise tl & may not get the proper support presently there .
so will wait the whole year to any significant chages if coming .No yearly chart but trying make it see like above there before .

fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,282
  • Dec 31, 2011 12:43pm Dec 31, 2011 12:43pm
Quoting smikester
You may have to wait a while mate, I'm not one to hold grudges. I'm just trying to stop the thread turning into a peanut gallery like EUR/USD becomes from time to time and it's not my job to do it. Every time I try to I regret it.
Fair enough dude, I probably don't help the cause. I will be more business like here. Have a great new year everyone, quiet one here
Come with me if you want to live....
  • #296,283
  • Dec 31, 2011 1:42pm Dec 31, 2011 1:42pm
Quoting nAVIN2007
if thats he's yearly theres no doubt about it..its bullish which is why im confused not like what i have seen..

year b4 was bearish..indecision this year to break lower..thats a bullish stance as there indecison to move lower
Hey Nav. , Happy new year. X.
I think i may be seeing what you see...
solid support at @15356 and solid up trend ...for all the downtrend lines that can be drawn.
i'm no expert, as you know, but looks like a bullish flag there.
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All systems of divination, like music itself,work through patterns.
  • #296,284
  • Dec 31, 2011 3:50pm Dec 31, 2011 3:50pm
Are we ready for 66? From a technical perspective I see a lot of resistance from 1998-99, 2003 to get through first. We also have every major ema (200) on every major timeframe and the Monthly 20sma to get through. We ARE making higher lows which is a good building sign. From a fundamental perspective European nerves have only increased significantly over the last 12 months with no clear solution in sight. This wedge we are in Has us winding up like a spring ready to explode. It seems to me that human nature is to wait until we are at the brink before we make the really hard decisions. I am wondering what will motivate investors to plunge into risk assets this year? Gold is over priced at the moment in my opinion. It has catapulted faster than ever and showing signs of rolling over. This could cause panic selling and send the dollar to the moon. Any New Year thoughts?
Come with me if you want to live....
  • #296,285
  • Dec 31, 2011 4:06pm Dec 31, 2011 4:06pm
Quoting Ill-b-back
Are we ready for 66? From a technical perspective I see a lot of resistance from 1998-99, 2003 to get through first. We also have every major ema (200) on every major timeframe and the Monthly 20sma to get through. We ARE making higher lows which is a good building sign. From a fundamental perspective European nerves have only increased significantly over the last 12 months with no clear solution in sight. This wedge we are in Has us winding up like a spring ready to explode. It seems to me that human nature is to wait until we are at the brink...
Not saying we can't get there in 2012, after all, with the pending doom apparently coming our way on the 21st of December this year, 66 and above would be a great price to sell
Come with me if you want to live....
  • #296,286
  • Dec 31, 2011 8:05pm Dec 31, 2011 8:05pm
Quoting PoundTrader
look like down to 1.5390 by monday.
Just checked my 30min and 4hr charts. I see your 5390. No down move indication on my chart yet. By my reckoning, if we get to 5390 without getting to 57, it should go lower.
Come with me if you want to live....
  • #296,287
  • Dec 31, 2011 8:43pm Dec 31, 2011 8:43pm
Hi 2012 ....
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not euphoria follower
  • #296,288
  • Dec 31, 2011 8:52pm Dec 31, 2011 8:52pm
Hi all
and happy new year 2 all . maybe its first time for me right in any Forex forum.
i really need help from a Analysts technocracy . i made sell from 1.5490 and my sl 1.5480 i don`t know if is good position or not so please any one can tell me here
Thank you to all
  • #296,289
  • Dec 31, 2011 10:53pm Dec 31, 2011 10:53pm
i'm completely drunk.
wishing a profitable year
to me and to all my friends here!
90% of traders use TA, indicators and prediction
  • #296,290
  • Dec 31, 2011 11:09pm Dec 31, 2011 11:09pm
Quoting forexloser
Hi all
and happy new year 2 all . maybe its first time for me right in any Forex forum.
i really need help from a Analysts technocracy . i made sell from 1.5490 and my sl 1.5480 i don`t know if is good position or not so please any one can tell me here
Thank you to all
Ha ha ha.... I think you drunk too (at least)
Come with me if you want to live....
  • #296,291
  • Edited Jan 1, 2012 8:59am Dec 31, 2011 11:56pm | Edited Jan 1, 2012 8:59am
Quoting forexloser
Hi all
and happy new year 2 all . maybe its first time for me right in any Forex forum.
i really need help from a Analysts technocracy . i made sell from 1.5490 and my sl 1.5480 i don`t know if is good position or not so please any one can tell me here
Thank you to all
Welcome , happy new year & my new year resolution little different yet it took my attention .
the sl you may have 5580 instead 5480 , ok to me .it should actually depends upon what motivated you to take this short at one support level , light though but before the week close & your analysis should tell you what expecting next & life expectency of the trade .
anyway , there is nothing to worry about to me as sl at safe place , during holiday of very high spread times some high sl may be most safest though . look H4 tf & previous candle is a clear sell signal weak to moderate , gravestone doji , let it cover the upper wick to some extent , doing or give few more pips up to start sell , limit down for bull remain at 5445. so can expect price back towards 5445 before the decision any, the ghost intervention by any or any ghost readying for work in his new year resolution or new year surprise simply whatever .
so enough time to watch & manage the trade next Monday/Tuesday .
no worry about .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,292
  • Jan 1, 2012 12:08am Jan 1, 2012 12:08am
Quoting Ill-b-back
Ha ha ha.... I think you drunk too (at least)
loool yes i can`t walk
  • #296,293
  • Jan 1, 2012 12:14am Jan 1, 2012 12:14am
Quoting fontu
Welcome , happy new year & my new year resolution little different yet it took my attention .
the sl you may have 5580 instead 5480 , ok to me .it should actually depends upon what motivated you to take this short at one support level , light though but before the week close & your analysis should tell you what expecting next & life expectency of the trade .
anyway , there is nothing to worry about to me as sl at safe place , durining holiday of very high spread times some high may be most safest though . look H4 th tf & previous candle is a clear...
yes fontu i m sorry i meant 5580 sl and my tp 5440 . so let me thank you very much and my My wishes to you a happy and profitable year
  • #296,294
  • Jan 1, 2012 12:45am Jan 1, 2012 12:45am
Quoting fontu
Welcome , happy new year & my new year resolution little different yet it took my attention .
the sl you may have 5580 instead 5480 , ok to me .it should actually depends upon what motivated you to take this short at one support level , light though but before the week close & your analysis should tell you what expecting next & life expectency of the trade .
anyway , there is nothing to worry about to me as sl at safe place , during holiday of very high spread times some high may be most safest though . look H4 th tf & previous candle is a clear...
AGREE FONTU!!

u know the exact close is 1.5527

check my analysis here
http://www.forexfactory.com/showthre...73#post5258873
  • #296,295
  • Edited 1:32am Jan 1, 2012 12:55am | Edited 1:32am
Quoting smilemiz
AGREE FONTU!!

u know the exact close is 1.5527

check my analysis here
http://www.forexfactory.com/showthre...73#post5258873
Ok , good analysis there , lets see .Time to decide for sure now, not believe any great bull so soon at least now , unexpected ok .
2 more charts .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,296
  • Jan 1, 2012 1:20am Jan 1, 2012 1:20am
Quoting _BBKing_
i'm completely drunk.
wishing a profitable year
to me and to all my friends here!
Happy 2012 BB the FOREX KING
  • #296,297
  • Jan 1, 2012 5:09am Jan 1, 2012 5:09am
i see daily have a multi bottom and a signal rebound on the CS.....but weekly CS still downtrend...

and i choose downtrend for long term because...
'
1.UK fundamental is not ok
2.EZ crisis still npot settle


it should be rebound sloghtly or big if one of this settle...but if one of this prob did not settle...then....im bearish on this pair...
Bismillah
  • #296,298
  • Jan 1, 2012 5:15am Jan 1, 2012 5:15am
Welcome 2012
For those about to TRADE, we salute you....
Come with me if you want to live....
  • #296,299
  • Jan 1, 2012 5:21am Jan 1, 2012 5:21am
Quoting Ill-b-back
Welcome 2012
For those about to TRADE, we salute you....
Come with me if you want to live....
  • #296,300
  • Jan 1, 2012 5:22am Jan 1, 2012 5:22am
Quoting Ill-b-back
Welcome 2012
For those about to TRADE, we salute you....

happy new year folks..make it a good one!!
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