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Cable Update (GBPUSD)

  • #296,341
  • Jan 2, 2012 9:17am Jan 2, 2012 9:17am
Quoting nAVIN2007
warrior
http://www.imdb.com/title/tt1291584/

thanks bro!
90% of traders use TA, indicators and prediction
  • #296,342
  • Jan 2, 2012 9:24am Jan 2, 2012 9:24am
"just projection using harmonic and fibo " let see the PA for sure later ....

***
please take a look monthly candle march 2010 ...
Quoting _BBKing_
possible!
i also think a move to 52 area is possible this month.

time will tell
not euphoria follower
  • #296,343
  • Jan 2, 2012 9:46am Jan 2, 2012 9:46am
nos7 i will talk to later when i clear my head
  • #296,344
  • Edited 10:41am Jan 2, 2012 9:47am | Edited 10:41am
This 2nd lady jumped before hit 5462/52 levels to get the momentum back & so this time may not need much breaks them & last limit to hit 5442 & breaks if . worry about the 3rd lady au , not breaking down 1.0212 yet to be aligned .eu corresponding level 2898 .
waiting .
fontu

still jumping cable too much , au also hanging over 1.0212 but seeing diamondlike swing there & if works then huge may do once for all down .
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,345
  • Jan 2, 2012 9:58am Jan 2, 2012 9:58am
Quoting PoundTrader
nos7 i will talk to later when i clear my head
Ok bro
  • #296,346
  • Jan 2, 2012 10:54am Jan 2, 2012 10:54am
Quoting GlobalMacro
Alright I've reached a conclusion...the triangle breakdown looks very heavy and steady and bearish momentum strong.

I am selling here @ 1.5450
Hi all,
hope everyone had a smooth transition into the new year.

Overall bearish structure is still in place for cable & H8 trend points downwards.

As such, I'll continue to maintain my short position. (cable now @ 1.5497)
Hear the music before the song is over ...
  • #296,347
  • Jan 2, 2012 11:16am Jan 2, 2012 11:16am
I've open short a day before last day of 2011 @5540 ...keep it until now.

But perhaps, when those banks open, cable will go up up up against current trend. No indicator can tell... or can it?

Green pips!
Donny
  • #296,348
  • Jan 2, 2012 11:33am Jan 2, 2012 11:33am
Quoting Donny_aw
I've open short a day before last day of 2011 @5540 ...keep it until now.

But perhaps, when those banks open, cable will go up up up against current trend. No indicator can tell... or can it?

Green pips!
Donny
No indicator can tell. Its all about probabilities nothing more nothing less...

Olu
If you think you can or cannot do it you are correct
  • #296,349
  • Jan 2, 2012 12:04pm Jan 2, 2012 12:04pm
seems like there's already bearish mood in this thread. Personally, i see the formation for several candles in 4h is like forming a bull flag, and daily atm doesn't seem to indicate that it will be bearish, at least for the short term.

But, i don't feel like holding my position in cable for today, atm only have a PO at the lowest price possible, which may not be hit (i'm not so sure regarding if the price will have the momentum to go to my price. Had a position at 5475 and closed it already).. oh well..

by the way, i have test positions in fiber, long @ 2925,EG long @ 8340 and swissy short @ 9400 for today..
Attached Image (click to enlarge)
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  • #296,350
  • Jan 2, 2012 12:13pm Jan 2, 2012 12:13pm
Quoting smikester
1.5480 was a good close.
Where does anybody see a short here? Longer term, maybe...

Price just rejected 1.5475 again and forming a bullish H4 candle on my feed.
Gone to a better place
  • #296,351
  • Jan 2, 2012 12:16pm Jan 2, 2012 12:16pm
Quoting A-speculator
,EG long @ 8340 .
I don't agree with this. Have a look here: http://www.forexfactory.com/showthre...00#post5261600
Gone to a better place
  • #296,352
  • Jan 2, 2012 12:26pm Jan 2, 2012 12:26pm
Quoting smikester
I don't agree with this. Have a look here: http://www.forexfactory.com/showthre...00#post5261600
yups, i saw that too mate, i also feel more bearish because of the long daily bearish candle. i entered it just due to the consolidation in 4h and the price atm is at the low of the consolidation and i positioned my SL at the low of the lowest fractal in 4h (~20pips from my entry).. and yes, i agreed that bullish is not "concrete" for that pair atm.

Just picking bottom for that pair.. anyway, thanks mate for the advise.
  • #296,353
  • Jan 2, 2012 1:08pm Jan 2, 2012 1:08pm
Quoting A-speculator

Just picking bottom for that pair.. anyway, thanks mate for the advise.
You're welcome and it may be the bottom... But, who knows?
Gone to a better place
  • #296,354
  • Jan 2, 2012 1:32pm Jan 2, 2012 1:32pm
Quoting bbakker
Hence I haven't even opened my platform today... It's a waste time if you ask me and I much prefer to spend it with my children on a day like today.

Wish you luck but I bet price is still within a few pips of current price by Asia open.

Happy New Year to all.
Yeah
Come with me if you want to live....
  • #296,355
  • Jan 2, 2012 1:36pm Jan 2, 2012 1:36pm
Quoting smikester
You're welcome and it may be the bottom... But, who knows?
trying the best & alarmingly for sure but still hope not , lets see .
fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,356
  • Jan 2, 2012 1:40pm Jan 2, 2012 1:40pm
Quoting fontu
trying the best & alarmingly for sure but still hope not , lets see .
fontu
Nah.. Fontu we was talking EUR/GBP...
Gone to a better place
  • #296,357
  • Jan 2, 2012 1:43pm Jan 2, 2012 1:43pm
Quoting smikester
Nah.. Fontu we was talking EUR/GBP...
ok , not following it now ,
thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,358
  • Jan 2, 2012 3:30pm Jan 2, 2012 3:30pm
Looking like she wants to go to 56 but will prob know more after Asia. Adjusting Tp to 56.
Come with me if you want to live....
  • #296,359
  • Jan 2, 2012 4:07pm Jan 2, 2012 4:07pm
Quoting PoundTrader
i am, happy new years you bums, if i was trading i would of went short at 1.5530, s/l 1.5630, t/p 1.5390 im out you bums
if i was short in this trade the new t/p will be 1.5416, and new s/l will be 1.5606
  • #296,360
  • Jan 2, 2012 4:22pm Jan 2, 2012 4:22pm
Quoting PoundTrader
if i was short in this trade the new t/p will be 1.5416, and new s/l will be 1.5606
Aaahhhh shoot, i hate to wish bad tidings on you brother, but if you lose, I win. Talk about being stuck between a rock and a hard place will check 1 hr charts after Asia to see if got a legitimate bullish signal.
Come with me if you want to live....
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