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Cable Update (GBPUSD)

  • #303,601
  • Mar 14, 2012 4:21am Mar 14, 2012 4:21am
news coming within 9 mins
The market will deceive you. Make your own judgement.
  • #303,602
  • Mar 14, 2012 4:22am Mar 14, 2012 4:22am
Quoting gsantri
indeed. last daily closed above 50 sma that most interest me.
maybe early to say but agreed with BBKing something is cooking.
lets see.

the positions was for scalping btw.. pure luck.

yes i can see the luck..u even highlight the bullish candle and caught the knife like jet li

Inserted Video
  • #303,603
  • Mar 14, 2012 4:24am Mar 14, 2012 4:24am
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
the firmness of cable...dont tell me good news is coming out??
Hindsight is useless if you never learn anything out from it
  • #303,604
  • Mar 14, 2012 4:24am Mar 14, 2012 4:24am
this is my monthly view, if it break 1.60, possible to reach 1.67.
i will revise my TP accordingly depending on D1 closing
Attached Image (click to enlarge)
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  • #303,605
  • Mar 14, 2012 4:24am Mar 14, 2012 4:24am
Quoting gsantri
indeed. last daily closed above 50 sma that most interest me.
maybe early to say but agreed with BBKing something is cooking.
lets see.

the positions was for scalping btw.. pure luck.
Looks like a repeat of what happened at 52xx, without fibs, looked like she was going to collapse then pushed up through resistance.
Come with me if you want to live....
  • #303,606
  • Mar 14, 2012 4:28am Mar 14, 2012 4:28am
Quoting nAVIN2007
not quite..bro
its a difficult trade..u seriously have to know yur support and resistance extremely well..and that is assuming it is correct but its possible scenero..one im sure would catch a lot of traders out

the 50..always happens on cable..the question is on which time aspect do u take it seriously..
I'm not in this, it looks odd and will wait for a clear signal. I get the feeling I may not be getting in again until you get out. OMG...
Come with me if you want to live....
  • #303,607
  • Mar 14, 2012 4:30am Mar 14, 2012 4:30am
Hey GBP
Fall Now
  • #303,608
  • Mar 14, 2012 4:33am Mar 14, 2012 4:33am
the price of GU probably might have move up because of the news, then now there we have the result of the news... whats next?

down?
The market will deceive you. Make your own judgement.
  • #303,609
  • Mar 14, 2012 4:33am Mar 14, 2012 4:33am
Quoting gsantri
indeed. last daily closed above 50 sma that most interest me.
maybe early to say but agreed with BBKing something is cooking.
lets see.

the positions was for scalping btw.. pure luck.
I closed my short mate, things seems very dangerous ,hehe not playing with GU,

dnt worry no order up there.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #303,610
  • Mar 14, 2012 4:35am Mar 14, 2012 4:35am
Got a feelin this could bounce off 5695 which lines up with my 50% fib for the upmove from 5650 area
  • #303,611
  • Mar 14, 2012 4:37am Mar 14, 2012 4:37am
Quoting Ill-b-back
I'm not in this, it looks odd and will wait for a clear signal. I get the feeling I may not be getting in again until you get out. OMG...

news aint good..how will she hold herself up..need hancock
  • #303,612
  • Mar 14, 2012 4:39am Mar 14, 2012 4:39am
supply hits at that previous 4hr/1hr swing hi zone andf fib cluster/descending 4hr t/line again...1 3 and 5min classic regular bearish divergence patterns there..3min below as the eg...

G/L
Attached Image (click to enlarge)
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ex member
  • #303,613
  • Mar 14, 2012 4:40am Mar 14, 2012 4:40am
Quoting Ill-b-back
You still posting and trading while on hols? Shouldn't you be AWOL for a while bro? Pippin' with a beer in hand no doubt
Cheers bro.

Hey bro.....ya doing a little....

Actually just got up and took a quick scalp short from 1.5727 down to 1.5702 right after the UK data....a clean 25 pips - very nice profit for just waking up!

Hope everyone is doing well......


Cheers, Faller
I don't trust any move - when you have profit...take it.
  • #303,614
  • Mar 14, 2012 4:42am Mar 14, 2012 4:42am
Quoting nAVIN2007
yes i can see the luck..u even highlight the bullish candle and caught the knife like jet li

http://www.youtube.com/watch?v=2SK9kFyQxNw
by hand Bro.. never saw jet li using knife

Quoting Ill-b-back
Looks like a repeat of what happened at 52xx, without fibs, looked like she was going to collapse then pushed up through resistance.
the damn red sma 200 lol..


and the unemployment data came out bad..
  • #303,615
  • Mar 14, 2012 4:44am Mar 14, 2012 4:44am
thou GU seems to be going up, am just cautious of what GJ is doing. . .

watching it carefully, waiting for the downtrend to lose momentum before any buying activity.
The market will deceive you. Make your own judgement.
  • #303,616
  • Mar 14, 2012 4:44am Mar 14, 2012 4:44am
Quoting Faller
Hey bro.....ya doing a little....

Actually just got up and took a quick scalp short from 1.5727 down to 1.5702 right after the UK data....a clean 25 pips - very nice profit for just waking up!

Hope everyone is doing well......


Cheers, Faller
I trade to live
  • #303,617
  • Mar 14, 2012 4:45am Mar 14, 2012 4:45am
Quoting ninjafx
thou GU seems to be going up, am just cautious of what GJ is doing. . .

watching it carefully, waiting for the downtrend to lose momentum before any buying activity.
a dive for sure..
I trade to live
  • #303,618
  • Mar 14, 2012 4:46am Mar 14, 2012 4:46am
If we get to 5830, will wait for a bullish Right Shoulder down to form, but it is really messed up right now.
Come with me if you want to live....
  • #303,619
  • Mar 14, 2012 4:47am Mar 14, 2012 4:47am
Quoting UbuFamily
a dive for sure..
long 5695 sl 85
  • #303,620
  • Mar 14, 2012 4:48am Mar 14, 2012 4:48am
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
yoyo market which still favors the bulls at the moment.
Hindsight is useless if you never learn anything out from it
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