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Cable Update (GBPUSD)

  • #296,761
  • Jan 5, 2012 3:22am Jan 5, 2012 3:22am
Quoting _BBKing_
looks so easy to me...
congrats on making your first billion
  • #296,762
  • Jan 5, 2012 3:25am Jan 5, 2012 3:25am
good day to be trading
  • #296,763
  • Jan 5, 2012 3:25am Jan 5, 2012 3:25am
repeating patterns of bullish div 1 and 3min at the current lo - the previous 4hr/1hr swing hi zone at the Monthly Pivot with 100 and 200sma on 1hr.

Uk data in 5mins

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 83 KB
ex member
  • #296,764
  • Jan 5, 2012 3:26am Jan 5, 2012 3:26am
Now news & after half hr may range some but not think any great , just may took new entries next for ADP Non-Farm Employment Change to prepare .if they coming negative (from chart )? usually eur news remain as such .
fontu
No,
Services PMI ++ effects negative so far , short re-entered though & reinforcement with breaks 5550.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #296,765
  • Jan 5, 2012 3:26am Jan 5, 2012 3:26am
Quoting _BBKing_
looks so easy to me...

great charting buddy
  • #296,766
  • Jan 5, 2012 3:28am Jan 5, 2012 3:28am
Quoting PoundTrader
looks like the real deal, it's droping like hot cakes

she did come up here to drop like a hot cake i hope
  • #296,767
  • Jan 5, 2012 3:29am Jan 5, 2012 3:29am
Quoting nAVIN2007
she did come up here to drop like a hot cake i hope
she didn't stay down there to long
  • #296,768
  • Jan 5, 2012 3:30am Jan 5, 2012 3:30am
Quoting PoundTrader
she didn't stay down there to long
she playing ping pong
  • #296,769
  • Jan 5, 2012 3:33am Jan 5, 2012 3:33am
Quoting PoundTrader
never trap yourself like that, take a lost like a man and move on
dont worry bro, I have my levels to watch and will watch price action at them. I hate giving pips back unnecessarily, it really SUCKS!!!
Come with me if you want to live....
  • #296,770
  • Jan 5, 2012 3:35am Jan 5, 2012 3:35am
Uk services pmi better than last mth and forecast, don't know about Boe Credit conditions report...price drtops deepr in the prev 4hr/1hr sw hi zone (prev res) challenging 38.2% of the 5360-5669 rise at the current daily lo.

G/L
ex member
  • #296,771
  • Jan 5, 2012 3:40am Jan 5, 2012 3:40am
figures look great..better than 2011 figures
euro is finishing me off
  • #296,772
  • Jan 5, 2012 3:45am Jan 5, 2012 3:45am
....this time the bullish div was on the 3 and 5min at the current lo...3min shown below by way of example.

Generally bearish though intraday so far. 60% of 20 day atr covered so far today.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: 0936 3min rev b and full exp tri-pt.5.jpg Size: 53 KB
ex member
  • #296,773
  • Jan 5, 2012 3:51am Jan 5, 2012 3:51am
Current near-term 1hr is below:

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 97 KB
ex member
  • #296,774
  • Jan 5, 2012 3:56am Jan 5, 2012 3:56am
Quoting nAVIN2007
figures look great..better than 2011 figures
euro is finishing me off
yes damn euro still going down.
imo won't stop till the 1.27 but lets see, good support should be also here 1.28 area
90% of traders use TA, indicators and prediction
  • #296,775
  • Jan 5, 2012 3:57am Jan 5, 2012 3:57am
Quoting PoundTrader
congrats on making your first billion
lol
not 1 billion but got some nice pips!

my bad, already closed again AU short near that h1 supp line...
90% of traders use TA, indicators and prediction
  • #296,776
  • Jan 5, 2012 3:59am Jan 5, 2012 3:59am
Quoting nAVIN2007
great charting buddy
I have stolen those colors from another well known trading station
90% of traders use TA, indicators and prediction
  • #296,777
  • Jan 5, 2012 4:08am Jan 5, 2012 4:08am
Hit the stop loss -10 pips. Whew...

Looking for a new support... @1.5490...
  • #296,778
  • Jan 5, 2012 4:08am Jan 5, 2012 4:08am
telling some one it's ok to cancel your stop loss is crazy trading, it's days like this where you need s/l so you can trade another day
  • #296,779
  • Jan 5, 2012 4:09am Jan 5, 2012 4:09am
What is wrong with GBP/USD?
  • #296,780
  • Jan 5, 2012 4:10am Jan 5, 2012 4:10am
smells like a scam.
heavy sell near good services pmi release.
90% of traders use TA, indicators and prediction
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