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Cable Update (GBPUSD)

  • #299,001
  • Jan 23, 2012 7:42pm Jan 23, 2012 7:42pm
5475/95 ?
not euphoria follower
  • #299,002
  • Jan 23, 2012 8:05pm Jan 23, 2012 8:05pm
Quoting Ill-b-back
Still kinda favour the long at 2nd break of upper TL/price 0f 5580
ok.....im closing my shorts now and placing buy.....tp 1.5650
  • #299,003
  • Jan 23, 2012 8:09pm Jan 23, 2012 8:09pm
Quoting mano940
ok.....im closing my shorts now and placing buy.....tp 1.5650
I hope you have your own reasons dude. I'm just pointing out what I see right now. Frankie and London could have a field day with open positions at this point. We are in no mans land from what I can see.
Come with me if you want to live....
  • #299,004
  • Jan 23, 2012 8:10pm Jan 23, 2012 8:10pm
Bank of Japan lowers forecasts, keeps rates steady

why they lower forecasts ?
not euphoria follower
  • #299,005
  • Jan 23, 2012 8:11pm Jan 23, 2012 8:11pm
Quoting mano940
ok.....im closing my shorts now and placing buy.....tp 1.5650
I do like your TP though. Did not mean to sound harsh above.
Come with me if you want to live....
  • #299,006
  • Jan 23, 2012 8:26pm Jan 23, 2012 8:26pm
holding for more...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU Daily.jpg Size: 103 KB
Click to Enlarge Name: GU short.jpg Size: 136 KB
  • #299,007
  • Edited 9:36pm Jan 23, 2012 9:36pm | Edited 9:36pm
Quoting Ill-b-back
Still kinda favour the long at 2nd break of upper TL/price 0f 5580

uhm,
about h4 TL i have one blue down going 5506 if with this candle, and one white down going 5530 if with this candle.

above here i see daily TL but higher near 5660
where does come frome the one you have near 5580?

ema200 in h4 well spotted! looks like will give hard work!
watch out to not consider MAs too much than what they really are!!
just saying because a lot of times i did that mistake in the past and found my self going long/short only watching them, while price was saying something else!

im still holding my long.
whole world waiting 5500-5480. lol. and this thing is still not going there!
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 75 KB
90% of traders use TA, indicators and prediction
  • #299,008
  • Jan 23, 2012 9:52pm Jan 23, 2012 9:52pm
Quoting _BBKing_
uhm,
about h4 TL i have one blue down going 5506 if with this candle, and one white down going 5530 if with this candle.

above here i see daily TL but higher near 5660
where does come frome the one you have near 5580?

ema200 in h4 well spotted! looks like will give hard work!
watch out to not consider MAs too much than what they really are!!
just saying because a lot of times i did that mistake in the past and found my self going long/short only watching them, while price was saying something else!

im still holding my...
On the daily my TL connects last swing low to the 3rd last swing low, then same on highs. Not at computer now
Come with me if you want to live....
  • #299,009
  • Jan 23, 2012 10:08pm Jan 23, 2012 10:08pm
Morning ,hope all ok .
not it has any strength left orevent also still , 2nd or can take final limit for for any bull near term , last or least 79.23 remain for confirmation also.
Anyway not seems it stop in higher tf and after breach next may stop over 79.23 such as 79.35 to start correction before further down , one apparent channel bottom to play for bull also . that is bear & bull both on sharp edges still & should wait more activities before a good set up to work with . One may be very happy with & careless & the other depressed , not seen in so mode still in some reason hidden or so & can take the advantages .

gu daily shows an evening star & may react as top but eu as seen before may not to stop before more up & may not hold or suspecious .

in h1 tf usdx , by chance a reversal may develop to break 79.99 to initiate , 80.12 first confirmation & 80,38 next for bull or correction whatever if develop new from lower tf . so untill it happen or seen it is bear continue at least 1 leg & top formation in others with or not 1 leg up there .

gu bo seeing small & top may be fixed with breaks 5516 & confirm by 5500 breaks next , otherwise bull to top or more if possible .
scalping only till all clear , long prefer , more in eu & less in gu .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd3.gif Size: 15 KB
Click to Enlarge Name: usd4.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #299,010
  • Jan 23, 2012 10:15pm Jan 23, 2012 10:15pm
Quoting Ill-b-back
We have pierced the next TL I was watching. not touching this until PA at 57.
Off to work
Yellow one BB
Come with me if you want to live....
  • #299,011
  • Jan 23, 2012 10:16pm Jan 23, 2012 10:16pm
Quoting Ill-b-back
Yellow one BB
A few pages back. Sorry
Come with me if you want to live....
  • #299,012
  • Jan 23, 2012 10:26pm Jan 23, 2012 10:26pm
Quoting Ill-b-back
A few pages back. Sorry
ah no ok i was meaning the red one going down and passing now near 5570-80....
no matter, you will see later when you will come back on charts!
no hurry!
90% of traders use TA, indicators and prediction
  • #299,013
  • Jan 23, 2012 10:37pm Jan 23, 2012 10:37pm
Quoting _BBKing_
ah no ok i was meaning the red one going down and passing now near 5570-80....
no matter, you will see later when you will come back on charts!
no hurry!
It is the same line just different active screen
Come with me if you want to live....
  • #299,014
  • Jan 23, 2012 10:46pm Jan 23, 2012 10:46pm
this is clearer BB
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade17.gif Size: 16 KB
Come with me if you want to live....
  • #299,015
  • Jan 23, 2012 10:59pm Jan 23, 2012 10:59pm
Oh boy, we have stalled at the 30min 100sma and 1hr 50EMA confluent support point, but have also found the 15min 100SMA resistance point, around the Frankie open. Trading now is like Russian Roulette.
Come with me if you want to live....
  • #299,016
  • Jan 23, 2012 11:01pm Jan 23, 2012 11:01pm
Quoting Ill-b-back
this is clearer BB
uhm i prefer consider the one taking all closings.
the upper i prefer consider the other thaking peaks...
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 19 KB
90% of traders use TA, indicators and prediction
  • #299,017
  • Jan 23, 2012 11:10pm Jan 23, 2012 11:10pm
Enter short at 1.5545
  • #299,018
  • Jan 23, 2012 11:44pm Jan 23, 2012 11:44pm
will it break down??
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade17.gif Size: 14 KB
Come with me if you want to live....
  • #299,019
  • Jan 23, 2012 11:45pm Jan 23, 2012 11:45pm
Quoting _BBKing_
uhm i prefer consider the one taking all closings.
the upper i prefer consider the other thaking peaks...
yep, I always use the peaks.
Come with me if you want to live....
  • #299,020
  • Jan 24, 2012 12:42am Jan 24, 2012 12:42am
Quoting PoundTrader
i went short at 1.5593, t/p 1.5476
market suck
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