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Cable Update (GBPUSD)

  • #299,661
  • Feb 1, 2012 7:41am Feb 1, 2012 7:41am
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  • #299,662
  • Feb 1, 2012 7:51am Feb 1, 2012 7:51am
Quoting smikester
Not quite sure what you are saying here, but longs should be careful at these levels, unless they bought 3 weeks ago...
yes mate no longs here, thats for sure.
im shorting 2nd attempt here 5852.
first took 5858 but closed fro some pips.

shy position, since imo it looks no ready both for long n shorts.
lets see
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  • #299,663
  • Feb 1, 2012 7:59am Feb 1, 2012 7:59am
I think shorts should be more careful then longs, when you see FTSE 100+ points up before closing, you don't go short unless you're kamikaze!
Much safer to keep scalping longs and keep fingers away from the short trigger
Don't get mad, get even!
  • #299,664
  • Feb 1, 2012 8:02am Feb 1, 2012 8:02am
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  • #299,665
  • Feb 1, 2012 8:07am Feb 1, 2012 8:07am
Quoting Johnny Depp
i was just checking in and when i clicked on the thread, it took me face to face with this which i wasn't expecting. just about lost my lunch cuz i was laughing so hard.

thank you ... you made my day
  • #299,666
  • Feb 1, 2012 8:29am Feb 1, 2012 8:29am
Short 1.5850
Based on 30 minute candle and 200 and 365 Daily MA resistance.
TP around 1.5800
  • #299,667
  • Feb 1, 2012 8:37am Feb 1, 2012 8:37am
Quoting stulic
I think shorts should be more careful then longs, when you see FTSE 100+ points up before closing, you don't go short unless you're kamikaze!
Much safer to keep scalping longs and keep fingers away from the short trigger
yes must be careful you are right!
shorting here and mostly NOW is no sense. just for scalping is good PA!
day not ended yet and in my charts price moved nose out above upper channel line. rarely seen in GU!!

i added shorts 5878 and closed whole 5842.
now flat. won't go far!
look daily candle, max possible now again 5835 imo
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  • #299,668
  • Feb 1, 2012 8:40am Feb 1, 2012 8:40am
Quoting Hookem28
Short 1.5850
Based on 30 minute candle and 200 and 365 Daily MA resistance.
TP around 1.5800
ok the m30 candle but look the 4h candles!
today big bull power released imo....

im also interested in short, ok! i only say be careful on MM this thing is able to print near 59 or else 5930 before tomorrow morning.

could be wrong. i prefere wait!
good luck
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  • #299,669
  • Feb 1, 2012 8:40am Feb 1, 2012 8:40am
just scalping..
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  • #299,670
  • Feb 1, 2012 8:46am Feb 1, 2012 8:46am
Quoting _BBKing_
ok the m30 candle but look the 4h candles!
today big bull power released imo....

im also interested in short, ok! i only say be careful on MM this thing is able to print near 59 or else 5930 before tomorrow morning.

could be wrong. i prefere wait!
good luck
No doubt. I won't be in this thing long if it doesn't drop.
  • #299,671
  • Feb 1, 2012 8:50am Feb 1, 2012 8:50am
THIS IS NOT A SHORT U LOOKING FOR...
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  • #299,672
  • Feb 1, 2012 9:11am Feb 1, 2012 9:11am
How many times gu got life in the race & so why not now more in coming days without correction at all . gu broke 5875 corresponding eu 3330 not yet & so possible . next level gu daily resistances 5915, 5946 before 6017 to 6124 weekly .
anyway only to respect the crazy price action consists of mofu after mofu till all end . anyway still correction chance towards 5787 remain open for 1 time only and this bull can be the last 5th or mofu chance by chance also . so tracing 2 possible mofus /extensions rt now .if theses mofus are not that heartless then another coorection level remain intact for up 5738.

fontu ,
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #299,673
  • Feb 1, 2012 9:12am Feb 1, 2012 9:12am
Quoting Hookem28
No doubt. I won't be in this thing long if it doesn't drop.
what im looking for, scalps escluded (already in again ) is that daily candle will not close bear imo.

so a daily candle closing here or few above will be ok for bulls.
once daily closed, tomorrow will be possible the move to near 5800.

its just my idea totally biased in bull side, so lets see if some profit taking happens now
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  • #299,674
  • Feb 1, 2012 9:19am Feb 1, 2012 9:19am
Quoting _BBKing_
what im looking for, scalps escluded (already in again ) is that daily candle will not close bear imo.

so a daily candle closing here or few above will be ok for bulls.
once daily closed, tomorrow will be the move to near 5800.

its just my idea totally biased in bull side, so lets see if some profit taking happens now
Absolutely. If I don't see a doji by the end of the day (looking doubtful), then I'll be looking for long entries. Gotta respect the trend.
  • #299,675
  • Feb 1, 2012 9:28am Feb 1, 2012 9:28am
Quoting honeybhi
GU

So far WP holding at 1.5658 .

Above WP 1.5769 and 1.5881 and

Below WP 1.5547 and 1.5434 are my targets ...
Targets hit and i'm out here.

NFP this week, Trade safe all .
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  • #299,676
  • Feb 1, 2012 9:45am Feb 1, 2012 9:45am
what about the AUD USD?
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  • #299,677
  • Edited 9:49am Feb 1, 2012 9:48am | Edited 9:49am
Hit top of channel. Will see how resistence holds. Still have NFP this week. Think more consolidation, we see how US finishes.
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  • #299,678
  • Feb 1, 2012 9:50am Feb 1, 2012 9:50am
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  • #299,679
  • Feb 1, 2012 10:27am Feb 1, 2012 10:27am
Quoting _BBKing_
1.57?
argh.


i finished potatoes for tonight's BBQ
Barbecue? In February?? Which part of italy do you live? You must know some tough people.
Gone to a better place
  • #299,680
  • Feb 1, 2012 10:45am Feb 1, 2012 10:45am
Quoting smikester
Barbecue? In February?? Which part of italy do you live? You must know some tough people.

ahahaahhah
no have a secret room underground
anyway was joking about bears' hamburgers

hey look aud usd daily peak?
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