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Cable Update (GBPUSD)

  • #301,001
  • Feb 20, 2012 10:00pm Feb 20, 2012 10:00pm
WTF... market is so active in this unusual hour... debt package done huh... right back to sleep... Doom and gloom for Euro in the long run anyways...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #301,002
  • Feb 20, 2012 10:01pm Feb 20, 2012 10:01pm
scalped 15 pips on the short side of things - going to bed now. IMO this thing will go down down down tonight......enjoy chasing the pips.

Good night....


Faller.
I don't trust any move - when you have profit...take it.
  • #301,003
  • Feb 20, 2012 10:03pm Feb 20, 2012 10:03pm
Quoting Zircon
Sorry for delay it was an technical problem, already resolved.


Fasten your seat belt we will reach 1.60 at mid day.
1.6? You sure bro? If it reaches 5920 today I will punch someone in the head
Come with me if you want to live....
  • #301,004
  • Feb 20, 2012 10:04pm Feb 20, 2012 10:04pm
Quoting Faller
scalped 15 pips on the short side of things - going to bed now. IMO this thing will go down down down tonight......enjoy chasing the pips.

Good night....


Faller.
The only thing that kept GBP and EUR hyped up for the last 2 months was the debt deal.. with the debt deal done... nothing to hype about... in fact people will start skinning down the details to find out Europe is still in trouble...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #301,005
  • Feb 20, 2012 10:05pm Feb 20, 2012 10:05pm
Quoting Faller
scalped 15 pips on the short side of things - going to bed now. IMO this thing will go down down down tonight......enjoy chasing the pips.

Good night....


Faller.
I hope so bro, typical news shake out. Not home to close short yet...
Come with me if you want to live....
  • #301,006
  • Feb 20, 2012 10:18pm Feb 20, 2012 10:18pm
Actually, 5920 could produce a nice short set up for today or tomorrow, if it gets there and stays there.
Come with me if you want to live....
  • #301,007
  • Feb 20, 2012 10:19pm Feb 20, 2012 10:19pm
GBPJPY . . . hmmm...

looks like will make a bullish re test again?

127.xx

hmmmm

let's watch
The market will deceive you. Make your own judgement.
  • #301,008
  • Feb 20, 2012 10:33pm Feb 20, 2012 10:33pm
Anyone any idea how low we could go before heading north again? 50 retrace from last months low?
Come with me if you want to live....
  • #301,009
  • Feb 20, 2012 11:13pm Feb 20, 2012 11:13pm
Quoting ninjafx
GBPJPY . . . hmmm...

looks like will make a bullish re test again?

127.xx

hmmmm

let's watch

127.3 or 127.7 for this move.
  • #301,010
  • Feb 20, 2012 11:16pm Feb 20, 2012 11:16pm
Quoting Ill-b-back
Anyone any idea how low we could go before heading north again? 50 retrace from last months low?
159.3 ish then 152.0. It's in a triangle.
  • #301,011
  • Feb 20, 2012 11:19pm Feb 20, 2012 11:19pm
test..
short
SL 1.5881
TP will close manually depend on price movement
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  • #301,012
  • Edited 2:02am Feb 21, 2012 12:08am | Edited 2:02am
http://www.forexfactory.com/attachme...1&d=1329804436

long term sell if above broken buy,............
  • #301,013
  • Feb 21, 2012 1:18am Feb 21, 2012 1:18am
Quoting UbuFamily
for me its better to stay back now...big boys said "let's screw'em all...hahaha"

lol
Hey Ubu, where should I place my buy stop order this time bro??..., just kidding my friend . Lets wait to see what happens if we get a double top first eh..
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Come with me if you want to live....
  • #301,014
  • Feb 21, 2012 1:55am Feb 21, 2012 1:55am
Left my buy open from last night when it dropped before going to sleep. I had it already set up according to my system so luckily (which I was hoping for it would get to last night before going to sleep) and im currently +30pips heading north. I see 1.592 getting tickled sometime soon. Just woke up so will be setting my shorts up in a little while.
To live a successful life, we must lose our fear of being wrong
  • #301,015
  • Feb 21, 2012 2:45am Feb 21, 2012 2:45am
G/M

Subdued range yesterday due to U.s bank Hol. Today so far quite subdued also. Recovery attempt at 5807 has found supply at 5862 just off the recent 5878 last week's and Monday's hi.

Immediately above current price:

5864 Daily R1 @/around
5867-70 prev 1hr sw hi zone
[ 5870-75 descending 4hr/1hr t/line coming thru on next 1hr candle
[ 5873-78-84 prev 4hr/1hr sw hi zone
[ 5875-5895 2 x daily t/f descending trend lines coming thru on Tuesday's Daily candle, incl 5886 85.4% 5927-5643 and 5893 = Daily R2 @/around
5906-16-27 prev 4hr/1hr sw hi zone incl 5907 = Weekly R1 & Daily R3 @/around, and 5924 = 50% 6617-5234
5946 76.4% 6165-5234
5961 Monthly R1 @/around
5966 85.4% 6091-5234
5986/89 2 x fibs incl 50% 6746-5234
5993 Weekly R2 @/around
5999 85.4% 6130-5234
6030 85.4% 6165-5234
6073-92 incl 6087 = 61.8% 6617-5234
6103-15-30 prev Dly/4hr sw hi zone incl 6125 = Weekly R3 @/around
6136-65 prev Wkly/Dly sw hi zone incl 6158 = Monthly R2 @/around and 6163 = 76.4% 6454-5234
6167 61.8% 6746-5234

Below current price per the near-term current 1hr screenshot below.

Uk data at 0930am gmt.

G/L
　
　
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ex member
  • #301,016
  • Feb 21, 2012 2:48am Feb 21, 2012 2:48am
you can see on the daily how the recent 5878 is in vicinity of those descending trend lines on this t/f.

G/L
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ex member
  • #301,017
  • Feb 21, 2012 2:57am Feb 21, 2012 2:57am
Quoting Ill-b-back
Hey Ubu, where should I place my buy stop order this time bro??..., just kidding my friend . Lets wait to see what happens if we get a double top first eh..

lol sorry bro i was away for a work outside... so what's up now? u catches any?
I trade to live
  • #301,018
  • Feb 21, 2012 2:59am Feb 21, 2012 2:59am
Quoting Ill-b-back
Hey Ubu, where should I place my buy stop order this time bro??..., just kidding my friend . Lets wait to see what happens if we get a double top first eh..
how much dip u expect to buy?
  • #301,019
  • Feb 21, 2012 3:00am Feb 21, 2012 3:00am
oh my im goin home now...i thought i might hold on to my short on gold...

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I trade to live
  • #301,020
  • Feb 21, 2012 3:12am Feb 21, 2012 3:12am
Quoting UbuFamily
lol sorry bro i was away for a work outside... so what's up now? u catches any?
No bro, closed out for 0. Hard to tell what happens next so I'm going to stay out. I am thinking of just waiting for no brainer set ups and put more on them rather than wasting screen time and pips on suspect ones
Come with me if you want to live....
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