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Cable Update (GBPUSD)

  • #302,761
  • Mar 8, 2012 9:32am Mar 8, 2012 9:32am
Quoting iqyu5an
podho ... burem ... let c how daily closed first ( imho )
I see...

Sempat kena jebakan sekali, untung masih dapat Lolos.
Always looking the GREAT, never left GOOD Point...
  • #302,762
  • Mar 8, 2012 9:39am Mar 8, 2012 9:39am
Quoting Zircon
Come on guys more liquidity need.
not at this time mate.. let's just wait what tomorrow got to give, a healthy run down should have 2 days of reversal and in my opinion, price will go nowhere until tomorrow.. if price go down, the next level to watch for is ~5650..

Hopefully by monday, we will have the breakout of 5650 and price retest back the price by wednesday.. let's just wait and see..
  • #302,763
  • Mar 8, 2012 9:41am Mar 8, 2012 9:41am
Quoting Zircon
Go ahead man i follow u
its going up Bro!!
  • #302,764
  • Mar 8, 2012 9:42am Mar 8, 2012 9:42am
my imho ... not a call ...

101 % wrong ...

Quoting Tsar
I see...

Sempat kena jebakan sekali, untung masih dapat Lolos.
Attached Image (click to enlarge)
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not euphoria follower
  • #302,765
  • Mar 8, 2012 9:43am Mar 8, 2012 9:43am
G/A,

Cable struggling to make any further upside progress after a pullback from the 5723-5830 rise this London morning, the current daily hi being @/around Daily R3/50% 5964-5695. The pullback lo 5771 so far - around 50% of said move up today.

1hr has now printed a LH and a L but probably remains in a general uptrend, 4hr has printed a H above the last Lh of it's downtrend and that t/f proibably remains in a general downtrend, whilst Daily remains rangy after the fase 1st b/o to 5991 of the recent 5927-5643 range.

Current near-term 1hr is below.

Intraday remains bullish overall.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 106 KB
ex member
  • #302,766
  • Mar 8, 2012 9:45am Mar 8, 2012 9:45am
Quoting A-speculator
not at this time mate.. let's just wait what tomorrow got to give, a healthy run down should have 2 days of reversal and in my opinion, price will go nowhere until tomorrow.. if price go down, the next level to watch for is ~5650..

Hopefully by monday, we will have the breakout of 5650 and price retest back the price by wednesday.. let's just wait and see..
I agree .
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #302,767
  • Mar 8, 2012 9:53am Mar 8, 2012 9:53am
5799 is last week low
not euphoria follower
  • #302,768
  • Mar 8, 2012 9:55am Mar 8, 2012 9:55am
up until 1.591x
  • #302,769
  • Mar 8, 2012 9:57am Mar 8, 2012 9:57am
Waiting for tomorrow guys it is not so far.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #302,770
  • Mar 8, 2012 10:00am Mar 8, 2012 10:00am
Quoting iqyu5an
my imho ... not a call ...

101 % wrong ...
Thank's...

Got another view
Always looking the GREAT, never left GOOD Point...
  • #302,771
  • Mar 8, 2012 10:01am Mar 8, 2012 10:01am
Quoting Passerby
Trying long here, playing last pin bar as sign of rejection at EMA 50 on M15 TF with 17 pips SL. On H4 cable seems still bullish near lower trend lines area.
SL moved to BE, volatility is scary.

PS: There is a possibility to test recent resistance turn support on that symmetric triangle or even a double top. BE as SL seems fragile, but we'll see.
  • #302,772
  • Mar 8, 2012 10:02am Mar 8, 2012 10:02am
well... mission accomplished... 100 over 100.. right where abdul take his short...
  • #302,773
  • Mar 8, 2012 10:02am Mar 8, 2012 10:02am
Quoting smikester
It's 3pm UK time. What does that mean?

Attachment


Well. it's 3pm UK time and I'm going to post a chart. London closes in an hour or so and any serious long day trades prior to NFP will be closing. For this reason I would expect a move down and the inside bar on H4 on my feed to break downwards.

So the retest of the low of the head and shoulders is fairly standard text book stuff. 1.58 rejected.

I believe our target is now 1.5650 approximately.
This hourly bar closed above 1.58 then we have a different scenario completely. Sorry folks...
Gone to a better place
  • #302,774
  • Mar 8, 2012 10:06am Mar 8, 2012 10:06am
Quoting smikester
This hourly bar closed above 1.58 then we have a different scenario completely. Sorry folks...
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #302,775
  • Mar 8, 2012 10:13am Mar 8, 2012 10:13am
Current Candle :

Monthly Down, Weekly Down, Daily Up and H4 Up.
And H1 Up... Now

Where is She will going tommorow ?
Always looking the GREAT, never left GOOD Point...
  • #302,776
  • Mar 8, 2012 10:16am Mar 8, 2012 10:16am
Quoting Tsar
Current Candle :

Monthly Down, Weekly Down, Daily Up and H4 Up
H1 Up... Now

Where is She will going tommorow ?
She is trapped with us ,even losing some pips this is under game.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #302,777
  • Mar 8, 2012 10:21am Mar 8, 2012 10:21am
Quoting iqyu5an
my imho ... not a call ...

101 % wrong ...

ehehhe hello
looks like we are in the same plane.
i came in a bit late.... but no matter, my flight is longer!!
90% of traders use TA, indicators and prediction
  • #302,778
  • Mar 8, 2012 10:21am Mar 8, 2012 10:21am
Quoting Zircon
She is trapped with us ,even losing some pips this is under game.
If doubt... Better FLAT

No Profit... but No Loss too
Always looking the GREAT, never left GOOD Point...
  • #302,779
  • Mar 8, 2012 10:23am Mar 8, 2012 10:23am
Quoting _BBKing_
ehehhe hello
looks like we are in the same plane.
i came in a bit late.... but no matter, my flight is longer!!
Used BIG Plane...
Always looking the GREAT, never left GOOD Point...
  • #302,780
  • Mar 8, 2012 10:28am Mar 8, 2012 10:28am
Quoting Tsar
If doubt... Better FLAT

No Profit... but No Loss too
D't worry mat no pain no gain
If skills could be acquired by watching, every dog would be a butcher. Turk
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