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Cable Update (GBPUSD)

  • #303,301
  • Mar 12, 2012 8:14pm Mar 12, 2012 8:14pm
Quoting UbuFamily
Bro...sometimes u need to post your charts here in order to explain your idea on Cable...draw something in your cable using paint..don't forget to attach some indicators or special lines in it...your charts and idea are most welcome here bro
Hey bro I'm not at charts, but I saw some strange bullish PA towards end of last week before the H&S completed. It was strange that's all. Coming down from the weekly 50 fib I did not expect that resistance. Cable has been weird.
Come with me if you want to live....
  • #303,302
  • Mar 12, 2012 8:15pm Mar 12, 2012 8:15pm
@Ubufamily

let me show my reason to keep buy position in 56XX, just wait till cable create new high at Fib 5725 area, and i will see if not go through then i will switch my position to sell arround that area.
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  • #303,303
  • Mar 12, 2012 8:26pm Mar 12, 2012 8:26pm
@Ill b back : absolutely agree with your opinion bro, 5658 is our next point....i am wait for what you said "funny".... cable some time go to opposite direction with most trader perception...becareful with the trap bro...
  • #303,304
  • Mar 12, 2012 8:36pm Mar 12, 2012 8:36pm
Quoting Ill-b-back
I see the Maths bro but
im on my BS again
  • #303,305
  • Mar 12, 2012 8:43pm Mar 12, 2012 8:43pm
Quoting PoundTrader
im on my BS again
Well, it appears I have joined you in that galaxy far, far away. Do I get a welcome party
Come with me if you want to live....
  • #303,306
  • Mar 12, 2012 9:26pm Mar 12, 2012 9:26pm
Quoting Ill-b-back
Well, it appears I have joined you in that galaxy far, far away. Do I get a welcome party
  • #303,307
  • Mar 12, 2012 11:05pm Mar 12, 2012 11:05pm
im gonna change my handle to ILL-BE-THERE.
  • #303,308
  • Mar 12, 2012 11:07pm Mar 12, 2012 11:07pm
you must first master the art of currency trading, then one pair before you call yourself a forex trader
  • #303,309
  • Mar 13, 2012 12:03am Mar 13, 2012 12:03am
Quoting PoundTrader
you must first master the art of currency trading, then one pair before you call yourself a forex trader
Ha ha, applauding your own statement, nice one bro, great to see nothing has changed
Come with me if you want to live....
  • #303,310
  • Mar 13, 2012 12:45am Mar 13, 2012 12:45am
Quoting educatedthug
Heres aNother Snapshot clue
happy pipping added some longs!!
  • #303,311
  • Mar 13, 2012 2:38am Mar 13, 2012 2:38am
Quoting educatedthug
happy pipping added some longs!!

short with tight SL 128.90 good night voltility i need a night cap
  • #303,312
  • Mar 13, 2012 3:14am Mar 13, 2012 3:14am
Watch out fellas, Ben Bernanke's gona talk in today's FOMC statement, if it sticks to his usual self he will talk about QE and that'll weaken the USD some and it'll definitely cause some pullback on EURUS and GBPUSD... good opportunity to look for shorts at today's topside if this happens...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #303,313
  • Mar 13, 2012 3:17am Mar 13, 2012 3:17am
hello this is my 1st post.
and this is my 1st position posted in this great forum.
thank you
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  • #303,314
  • Mar 13, 2012 3:33am Mar 13, 2012 3:33am
Hey Gang,

'Trying to pull my "Sled" back up & in here...
Ok, any of this blabber is "Dead News" to you guys,
But since the PA is so Exciting, on this 'A-B-C Correction-World',
I thought i'd throw out, "My Dribble"...
Ha!

Nothing Really to "Drool Over" here,
We hit a 23.6 of the "Bigger Move Down", and a 61.8 of the
other day's move down.

So, you decide...
Not my bag. -All of this, is truthfully for more for my own
"Clarification" Eh? She's "Clawing-back Up" at a Snails Pace...
Enjoy,
Have a Great Day Guy's,

Jeff
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I will work to Objectively Identify my Edges
  • #303,315
  • Mar 13, 2012 3:45am Mar 13, 2012 3:45am
update
out +5 and reversed
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  • #303,316
  • Mar 13, 2012 3:49am Mar 13, 2012 3:49am
Quoting PoundTrader
im on my BS again
Just got home, looks a bit shakey bro.
Come with me if you want to live....
  • #303,317
  • Mar 13, 2012 3:54am Mar 13, 2012 3:54am
G/M,

another bearish daily candle close despite yesterday's subdued daily pip range, the pullback from the 5601 yesterday's low finding supply at the 23.6% 5832-5601/61.8% 5694-5601.

@/below curtrent price:

5612-00 prev minor 4hr/1hr sw lo zone incl 5612= 50% 5234-5991
5597 Daily S1 @/around
5595 Weekly S1 @/around / 85.4% 5528-5991
5554-29 prev 4hr sw lo x 2 zone incl 5553 = Daily S2 @/around
5523 61.8% 5234-5991
5518 Weekly S2 @/around
5504 Monthly S2 @/around
5503 Daily S3 @/around
5498-85 prev dly/4hr sw hi zone (non immed)
5456-48 prev minor 4hr sw lo zone
5413 76.4% 5234-5991
5403-5384 prev 4hr sw hi x 2 zone
5364 Monthly S3 @/around
5344 85.4% 5234-5991
5331-20 prev 4hr sw lo zone
5298 Weekly S3 @/around
5275-60-37 (-34) prev Daily X2 /4hr X3 swing lo zone

You could probably add an ascending 4hr/daily trend line joining 5234 with 5601 ?

Uk data @ 0930am gmt.

G/L
ex member
  • #303,318
  • Mar 13, 2012 3:58am Mar 13, 2012 3:58am
Quoting bguguen
Watch out fellas, Ben Bernanke's gona talk in today's FOMC statement, if it sticks to his usual self he will talk about QE and that'll weaken the USD some and it'll definitely cause some pullback on EURUS and GBPUSD... good opportunity to look for shorts at today's topside if this happens...
Fomc in 9hrs?
Come with me if you want to live....
  • #303,319
  • Mar 13, 2012 4:04am Mar 13, 2012 4:04am
Quoting bguguen
Watch out fellas, Ben Bernanke's gona talk in today's FOMC statement, if it sticks to his usual self he will talk about QE and that'll weaken the USD some and it'll definitely cause some pullback on EURUS and GBPUSD... good opportunity to look for shorts at today's topside if this happens...
hi
why you think is good to short at today's top?
where you see a possible top to happen?

ty
  • #303,320
  • Mar 13, 2012 4:18am Mar 13, 2012 4:18am
Quoting bguguen
Watch out fellas, Ben Bernanke's gona talk in today's FOMC statement, if it sticks to his usual self he will talk about QE and that'll weaken the USD some and it'll definitely cause some pullback on EURUS and GBPUSD... good opportunity to look for shorts at today's topside if this happens...
sorry as i'm still a newbie, if Ben mentions abt the possibility of QE3 and that of course will weaken the USD and for EUR & Cable it will get stronger vs weaker USD right? it shud be good opportunity to long EUR & Cable if that happens... pls correct me if I'm wrong
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