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Cable Update (GBPUSD)

  • #304,021
  • Mar 16, 2012 6:00am Mar 16, 2012 6:00am
don't get me wrong, i don't want to advertise it!!!! out of me. what i want is to show what is written in that page i received in my mail today.
it is the simplest in the world.
and it is so true..........

i'm having some days of "holidays" from trading starting from today :-)

good luck every body see you all soon!

bybye
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90% of traders use TA, indicators and prediction
  • #304,022
  • Mar 16, 2012 6:09am Mar 16, 2012 6:09am
By the looks of H1, I would suspect GU is trying to establish a new mid term trend up, not confirmed right now and, may reverse. but by the look of things if we continue so it might happen..............for the time deing is just -+ 100 pip range for the last 4 days
  • #304,023
  • Mar 16, 2012 6:12am Mar 16, 2012 6:12am
ok last chart before leaving.
this is what i actually see in GU.

will be interesting to see where will be when i will come back.
for what i see..... it's hard to imagine will go more down soon...

market is crazy. so everything is possible.

leaving.

bybye :-D
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90% of traders use TA, indicators and prediction
  • #304,024
  • Mar 16, 2012 6:18am Mar 16, 2012 6:18am
Quoting _BBKing_
ok last chart before leaving.
this is what i actually see in GU.

will be interesting to see where will be when i will come back.
for what i see..... it's hard to imagine will go more down soon...

market is crazy. so everything is possible.

leaving.

bybye :-D
chart u post is looking good for meh
now u understand why i long term trade..market is a serious fruitcake..all i know if i get out of this ..i will nail a trade because i wont to scared to hold it

god willing
  • #304,025
  • Mar 16, 2012 6:49am Mar 16, 2012 6:49am
Quoting nAVIN2007
chart u post is looking good for meh
now u understand why i long term trade..market is a serious fruitcake..all i know if i get out of this ..i will nail a trade because i wont to scared to hold it

god willing
He he, I think I will call you 9 lives nAV. That's 2 used up, 7 to go bro. Climbing the stairway with you
Come with me if you want to live....
  • #304,026
  • Mar 16, 2012 6:54am Mar 16, 2012 6:54am
Personally, I think if she was going to go south, she would have gone yesterday. Broken the 4hr trendline and trying hard through tough resistance.
Come with me if you want to live....
  • #304,027
  • Mar 16, 2012 6:55am Mar 16, 2012 6:55am
Quoting nAVIN2007
chart u post is looking good for meh
now u understand why i long term trade..market is a serious fruitcake..all i know if i get out of this ..i will nail a trade because i wont to scared to hold it

god willing
eheheh
it's the 1st step happening of the previous thing i sent ya! (...)
pip more pip less.

good luck to you and ehrm.... also to me

bybye
90% of traders use TA, indicators and prediction
  • #304,028
  • Mar 16, 2012 7:04am Mar 16, 2012 7:04am
Quoting _BBKing_
eheheh
it's the 1st step happening of the previous thing i sent ya! (...)
pip more pip less.

good luck to you and ehrm.... also to me

bybye

  • #304,029
  • Mar 16, 2012 7:05am Mar 16, 2012 7:05am
Quoting Ill-b-back
He he, I think I will call you 9 lives nAV. That's 2 used up, 7 to go bro. Climbing the stairway with you
  • #304,030
  • Mar 16, 2012 7:37am Mar 16, 2012 7:37am
Quoting abdul_halim
Scalping..
Thanks Nav...
update..
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  • #304,031
  • Mar 16, 2012 8:00am Mar 16, 2012 8:00am
Good morning fellow traders -

Well it was a good morning.....got up late as I was very tired from the family March break holiday but timing is everything!

Set buy order just above resistance and grabbed that nice move up into what looks to be the building of a new trading range.

Done for the day - it is Friday. No need to give the pips back.

Take it easy - I may post some charts and thoughts later as today I will just be updating my charts due to all of the Futures contracts roll overs -

Cheers,

Faller
I don't trust any move - when you have profit...take it.
  • #304,032
  • Mar 16, 2012 9:20am Mar 16, 2012 9:20am
Quoting MonsterPips
i dont know what area is that but i can tell you my buy TP at 1.5840
what a day. I was -200pips down and now all closed. only manage to add small lots at the bottom.still need to improve my techniques
  • #304,033
  • Mar 16, 2012 9:52am Mar 16, 2012 9:52am
Quoting abdul_halim
update..
TP around ractangle box..5869
just my opinian
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  • #304,034
  • Mar 16, 2012 9:56am Mar 16, 2012 9:56am
Is cable doing a 'Shake-n-vac' here ???

  • #304,035
  • Mar 16, 2012 11:11am Mar 16, 2012 11:11am
scalping mode..
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  • #304,036
  • Mar 16, 2012 12:12pm Mar 16, 2012 12:12pm
Quoting PhAnTi'
hmm ill take it technical....and technical we go down....in my opinion...

all in all ill keep flat on gbp pairs these days....

Attachment
thats why we r using stops

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Hero calls followed by margin calls...
  • #304,037
  • Mar 16, 2012 12:35pm Mar 16, 2012 12:35pm
At this week's current lo (5601) a fractal swing LL on the Daily followed by fractal swings as follows minor LH, HL and now a H that has exceeded the last 2 x LH's on that t/f with today's strong move up.

Price exceeds daily R3 and is now @ 153% of it's 20 day atr so far today and 95% of it's 20 week atr so far this week.

@/immediately above current price:

5851-60 prev 1hr sw hi zone incl 5851= Monthly Pivot @/around
5874-81 prev Dly/4hr/1hr sw hi zone
5885 76.4% 5974-5601
5896-5908 prev 4hr sw lo zone (non-immed) incl 5898 = 76.4% 5991-5601
5918 85.4% 5974-5601
5930-40 descending weekly t/line coming thru on present daily candle incl 5933 = 85.4% 5991-5601
[ 5958-65-74 prev 4hr swi hi zone incl 5958 = Weekly R2 @/around
[ 5960-70 descending daily t/line coming thru on present 4hr candle
5976-91 prev Daily/4hr sw hi zone incl 5986/89 2 x fibs incl 50% 6746-5234
5999 85.4% 6130-5234
6030 85.4% 6165-5234
6035 Weekly R3 @/around
6059 Monthly R1 @/around
6073-92 incl 6087 = 61.8% 6617-5234
6103-15-30 prev Dly/4hr sw hi zone
6136-65 prev Wkly/Dly sw hi zone incl 6163 = 76.4% 6454-5234
6167 61.8% 6746-5234
6179-6206 prev minor Daily sw lo hi zone incl 6198 = Monthly R2 @/around
6250-75 prev Daily minor sw lo zone (non immed) with 6275 = 85.4% 6454-5234
6287 76.4% 6617-5234

Current near-term 1hr below

G/L
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ex member
  • #304,038
  • Mar 16, 2012 1:07pm Mar 16, 2012 1:07pm
Quoting abdul_halim
scalping mode..
Nice Ma's
Come with me if you want to live....
  • #304,039
  • Mar 16, 2012 1:18pm Mar 16, 2012 1:18pm
Quoting Faller
Good morning fellow traders -

Well it was a good morning.....got up late as I was very tired from the family March break holiday but timing is everything!

Set buy order just above resistance and grabbed that nice move up into what looks to be the building of a new trading range.

Done for the day - it is Friday. No need to give the pips back.

Take it easy - I may post some charts and thoughts later as today I will just be updating my charts due to all of the Futures contracts roll overs -

Cheers,

Faller
Well done,
Like a bandit bro, like a bandit.
Maybe we could form a gang huh?
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Come with me if you want to live....
  • #304,040
  • Mar 16, 2012 4:41pm Mar 16, 2012 4:41pm
ok ok forgive me guys ..... but.... how could i resist to print this post?


"hey, look how much GU went down today. nearly an H&S pattern!"

i only hope that IF some one still was short.... had stops @BE
have a good week end everyone!
bybye
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