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Cable Update (GBPUSD)

  • #302,021
  • Mar 1, 2012 3:01am Mar 1, 2012 3:01am
Quoting UbuFamily
Attachment
Do you think we could be revisiting the highs?
Gone to a better place
  • #302,022
  • Mar 1, 2012 3:02am Mar 1, 2012 3:02am
Quoting UbuFamily
Attachment

sorry two pin bar...the recent one hit 50 fib
I trade to live
  • #302,023
  • Mar 1, 2012 3:02am Mar 1, 2012 3:02am
4hr shows the area of the pullback lo (5895) - a previous 4hr/1hr swing hi zone (previous resistance) that has acted as support.

G/L
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ex member
  • #302,024
  • Mar 1, 2012 3:05am Mar 1, 2012 3:05am
Quoting smikester
Do you think we could be revisiting the highs?

for now...yes bro...but please forgive me if pair betray me!!
I trade to live
  • #302,025
  • Mar 1, 2012 3:06am Mar 1, 2012 3:06am
Going to watch out for the Manufacturing figures in 20 minutes at 9.28. Last month they had a dynamic effect...
Gone to a better place
  • #302,026
  • Mar 1, 2012 3:07am Mar 1, 2012 3:07am
50% of the 5991-5895 at the current daily hi. 1hr closes as a bullish thrust. Uk data on the 1/2 hr (0928 to subscrtibers lol ! then Boe/Mpc member Miles speaks at top of thne hr-10am gmt.

G/L
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ex member
  • #302,027
  • Mar 1, 2012 3:10am Mar 1, 2012 3:10am
Quoting UbuFamily
for now...yes bro...but please forgive me if pair betray me!!
I'll send you a pig if you are wrong
Gone to a better place
  • #302,028
  • Mar 1, 2012 3:11am Mar 1, 2012 3:11am
Quoting smikester
Going to watch out for the Manufacturing figures in 20 minutes at 9.28. Last month they had a dynamic effect...
Say what do u think ur more experienced than others
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #302,029
  • Mar 1, 2012 3:13am Mar 1, 2012 3:13am
Quoting smikester
Going to watch out for the Manufacturing figures in 20 minutes at 9.28. Last month they had a dynamic effect...

same here....I'm waiting that moment to...should be a long right? nice scalps I guess..
I trade to live
  • #302,030
  • Mar 1, 2012 3:15am Mar 1, 2012 3:15am
Quoting smikester
I'll send you a pig if you are wrong

Do u know I love drill pork?
I trade to live
  • #302,031
  • Mar 1, 2012 3:22am Mar 1, 2012 3:22am
Quoting Zircon
Say what do u think ur more experienced than others
I'll tell you what I think. I don't give advice. I don't like days where the price opens at midnight UK at 1.5920, falls to 1.59 and then breaks the opening price by going up to where we are now. I never trust days like that. If Manufacturing PMI is higher than last time and higher than forecast then I'll happily place a small long, if I can get a fill at the price I want. I may even set a straddle for fun, very small lots. I wouldn't be surprised if we have another go at 1.6.
Gone to a better place
  • #302,032
  • Mar 1, 2012 3:26am Mar 1, 2012 3:26am
Quoting smikester
I'll tell you what I think. I don't give advice. I don't like days where the price opens at midnight UK at 1.5920, falls to 1.59 and then breaks the opening price by going up to where we are now. I never trust days like that. If Manufacturing PMI is higher than last time and higher than forecast then I'll happily place a small long, if I can get a fill at the price I want. I may even set a straddle for fun, very small lots. I wouldn't be surprised if we have another go at 1.6.
News scalper then, hope gu go up for ur country
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #302,033
  • Mar 1, 2012 3:27am Mar 1, 2012 3:27am
she is so whimsical today and yesterday in general she was a hysterics. I think retail accounts have strongly suffered
  • #302,034
  • Edited 3:34am Mar 1, 2012 3:27am | Edited 3:34am
Hey Gang,

'Long time NO post -(good for you)!

"Tip-Top" of the morning to you all...
Well, i guess the call has been "South" for many in here,
but it 'Appear's', Frankfurt ran it down to 50% of yesterday's
"Bing-Bong" Move up, -(where, yesterday she was quickly shorted
@Another "Fib". -('didn't list). Today, hitting that 50% Fib,
-She move's back UP.

Here's my Chart if 'make's any sense to you. -I'd like to see my
'Original' 1.6046 "Broke" from my other day's desire. -I stuck in
to a "could of had" 50 pip's. -NO bragging here. Don't know why i
'stuck around "North" We'll see...
Best of Pipping Gang,
Terrapin Pipper,

Jeff
Attached Image (click to enlarge)
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I will work to Objectively Identify my Edges
  • #302,035
  • Mar 1, 2012 3:27am Mar 1, 2012 3:27am
Quoting smikester
I wouldn't be surprised if we have another go at 1.6.

love to hear this
I trade to live
  • #302,036
  • Mar 1, 2012 3:29am Mar 1, 2012 3:29am
Another go at 1.6 would be nice, it'd be even nicer if it pulled back to 5914 first
  • #302,037
  • Edited Mar 2, 2012 3:32am Mar 1, 2012 3:36am | Edited Mar 2, 2012 3:32am
Tuesday on a number of occasions the buying momentum came to an abrupt halt right at 1.59 which is not only psychologically important but also marks the 200-day moving average. However, the British pound managed to close above 1.59 Tuesday night and has rallied strongly yesterday morning, helped in part by a slightly bigger-than-expected take-up of the ECB’s second LTRO. If the pound manages to hold and consolidate above 1.59, then further upside looks likely. The Fibonacci retracements and extensions of the two price swings above 1.60 could be the ideal levels to take profit.
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  • #302,038
  • Mar 1, 2012 3:38am Mar 1, 2012 3:38am
US employment are improving lately...getting better result than forecasted...3 hours to go for momentum...Sorry can't provide chart here am totally event driven

a strong buying dollar are expected...although yesterday was end month, what's the different with today's opening month?
I trade to live
  • #302,039
  • Mar 1, 2012 3:45am Mar 1, 2012 3:45am
Well here we are testing the day's high at 1.5930. The news was inconclusive, so this hourly bar's close is pivotal.
Gone to a better place
  • #302,040
  • Mar 1, 2012 3:48am Mar 1, 2012 3:48am
Quoting GDR3k
Another go at 1.6 would be nice, it'd be even nicer if it pulled back to 5914 first
'Like seeing dem-dar Aviator 'Wings'...
Mine were the "Enlisted-Type", used for dropping 'Buoy's
Looking for Red October Sub's back in the 'day'.

The game then was "Top-Bunk",
(as opposed to "Top Gun")!
Fighting for space on the Rack that is!
This, all for them long, Over water "Flight's/Mission's" :-).

Just an An Enlisted man's "Box-lunch, Viewpoint"!
Best of pipping,

Jeff Out
I will work to Objectively Identify my Edges
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