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Cable Update (GBPUSD)

  • #297,761
  • Jan 13, 2012 2:56am Jan 13, 2012 2:56am
Quoting bbmac
Question is - is the pullback from 5408 the start of the with downtrend move again or or the recxent signs of bullishness on 1hr and below a contra indication ?

Uk data @ 0930am gmt, then some U.s stuff later.

G/L
that sure is the question, looks too strong a down move for me to be anything other than the start of the slide to at least 1.5270, news could change everything as always.... im off to bed and im hoping to swing down to my T/P @1.5270 (3 trades) then i have a pending buy from there hoping to catch it back up.

hope i can sleep....
Money never sleeps...
  • #297,762
  • Jan 13, 2012 3:02am Jan 13, 2012 3:02am
waiting confirmation ... around daily open and news
not euphoria follower
  • #297,763
  • Jan 13, 2012 3:03am Jan 13, 2012 3:03am
Repost:
For me H1 is already looking like a major Rejection with a possible Bearish Engulfing Candle... Very Bearish sign... if GBPUSD H1 candle closes now...
Gold is also falling again... risk aversion comes up to my mind,
bad bad news for GBPUSD bulls... but hey... what the F**k do i know.. apparently some bulls are smarter...
Smart money buying GBPUSD my a**


I'm hoping someone would show me how wise they are and try standing up against me...

Rejection shown in attatched chart
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 19 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #297,764
  • Jan 13, 2012 3:08am Jan 13, 2012 3:08am
This 1hr 100sma has been having a bit to say lately
Come with me if you want to live....
  • #297,765
  • Jan 13, 2012 3:10am Jan 13, 2012 3:10am
Quoting Ill-b-back
This 1hr 100sma has been having a bit to say lately
If i remember correctly ur holding GBPUSD shorts?? if so be proud
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #297,766
  • Jan 13, 2012 3:23am Jan 13, 2012 3:23am
Quoting bguguen
If i remember correctly ur holding GBPUSD shorts?? if so be proud
Just 1 very soft short taken as was out to dinner and missed best entry
Come with me if you want to live....
  • #297,767
  • Jan 13, 2012 3:27am Jan 13, 2012 3:27am
Quoting Ill-b-back
Just 1 very soft short taken as was out to dinner and missed best entry
ahh okay... well i usually average target pips of 150-300 per trade so mines more trend important trades...

anyways looking at the market... things are set up pretty much good for the bears... i sure hope NEWS doesnt F**k things up...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #297,768
  • Jan 13, 2012 3:31am Jan 13, 2012 3:31am
omg..so bad news going in with shorts if we go lil bit higher


added short 1.5350 stoploss 1.5400
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #297,769
  • Jan 13, 2012 3:34am Jan 13, 2012 3:34am
Quoting eqshack
omg..so bad news going in with shorts if we go lil bit higher


added short 1.5350 stoploss 1.5400

yes but no real reaction yet?
Money never sleeps...
  • #297,770
  • Jan 13, 2012 3:36am Jan 13, 2012 3:36am
Quoting inpatient
yes but no real reaction yet?
we gone drop pretty hevy if we go thru today low and break 1.5270
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #297,771
  • Jan 13, 2012 3:52am Jan 13, 2012 3:52am
Quoting bguguen
Repost:
For me H1 is already looking like a major Rejection with a possible Bearish Engulfing Candle... Very Bearish sign... if GBPUSD H1 candle closes now...
Gold is also falling again... risk aversion comes up to my mind,
bad bad news for GBPUSD bulls... but hey... what the F**k do i know.. apparently some bulls are smarter...
Smart money buying GBPUSD my a**


I'm hoping someone would show me how wise they are and try standing up against me...

Rejection shown in attatched chart
Attachment
Nice entry , same me with pending set at as was in trouble my side , only sl & no tp yet , though low & much down it should go .5145. lets see how far is too far . H1 and or H4 tf close below 5348/4 should run for the low first .
wish good luck at the same time .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #297,772
  • Jan 13, 2012 3:53am Jan 13, 2012 3:53am
Quoting eqshack
we gone drop pretty hevy if we go thru today low and break 1.5270

very unlikely to break if u ask me ..but i wont listen to myself right now just a view

we gonna see thats for sure
  • #297,773
  • Jan 13, 2012 3:57am Jan 13, 2012 3:57am
short closed here

http://i.imgur.com/6dbkC.png
--------------------
  • #297,774
  • Jan 13, 2012 3:58am Jan 13, 2012 3:58am
let see in 3 minutes how 1 H reaction in daily open

aniway daily open close above 50 daily fib and prev high broken already ( means new high ? )
Quoting nAVIN2007
very unlikely to break if u ask me ..but i wont listen to myself right now just a view

we gonna see thats for sure
not euphoria follower
  • #297,775
  • Jan 13, 2012 3:58am Jan 13, 2012 3:58am
Quoting bguguen
ahh okay... well i usually average target pips of 150-300 per trade so mines more trend important trades...

anyways looking at the market... things are set up pretty much good for the bears... i sure hope NEWS doesnt F**k things up...
Yes, me to, but am looking at 1.52 for possible longs. Meanwhile, I'm in for a short. A litle early (before TL break for confirmation) or a little late (could have shorted at 100sma/61.8 retrace confluence area.
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade8.gif Size: 14 KB
Come with me if you want to live....
  • #297,776
  • Jan 13, 2012 4:02am Jan 13, 2012 4:02am
imo:
up to 5480 or down to 5260.
or both.

lets see.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 78 KB
90% of traders use TA, indicators and prediction
  • #297,777
  • Jan 13, 2012 4:03am Jan 13, 2012 4:03am
Quoting iqyu5an
let see in 3 minutes how 1 H reaction in daily open

aniway daily open close above 50 daily fib and prev high broken already ( means new high ? )

no idea but i doubt it
  • #297,778
  • Jan 13, 2012 4:04am Jan 13, 2012 4:04am
Quoting iqyu5an
let see in 3 minutes how 1 H reaction in daily open

aniway daily open close above 50 daily fib and prev high broken already ( means new high ? )
i hope
coz if gets higher than previous then close lower, means strong bear!
90% of traders use TA, indicators and prediction
  • #297,779
  • Jan 13, 2012 4:10am Jan 13, 2012 4:10am
hehehhe......... that means we should wait daily close first then

***
talking about daily candle

Quoting _BBKing_
i hope
coz if gets higher than previous then close lower, means strong bear!
not euphoria follower
  • #297,780
  • Jan 13, 2012 4:10am Jan 13, 2012 4:10am
Quoting _BBKing_
imo:
up to 5480 or down to 5260.
or both.

lets see.
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