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Cable Update (GBPUSD)

  • #307,621
  • Apr 12, 2012 2:59am Apr 12, 2012 2:59am
Quoting A-speculator
fiber has continue down.. this is what about cable characteristic i don't like.. oh my.. cable likes to confuse traders.. i don't think we will spike up mate because ucad already finished testing the 1.0 level, swissy has continue up.. everything already aligned for cable to drop, but being cable..
Exactly!! Being cable...
Come with me if you want to live....
  • #307,622
  • Apr 12, 2012 3:02am Apr 12, 2012 3:02am
G/M

The body of yesterday's daily candle bullishly engulfed the last 2 on that t/f...price has challenged yesterday's hi (5936) in early trading today and found some supply.

Immediately @/above yesterday's Hi:

5929-36 prev minor 4hr/1hr sw hi zone x2 incl 5932 50% 6061-5803
5943 Daily R1 @/around
5952 61.8% 6045-5803
5956-62 prev minor 1hr sw lo zone incl 5962=61.8% 6061-5803
5968-71 prev 1hr sw hi zone
5974-81 prev 4hr/1hr sw lo zone
5983 Daily R2 @/around
5988 76.4% 6045-5803
5995-6004 prev minor 4hr/1hr sw lo zone incl 6000=76.4% 6061-5803
6010 85.4% 6045-5803
6016-20 prev minor 1hr sw lo/1hr sw hi zone
6021 Weekly R1 @/around
6023 85.4% 6061-5803
6029 Daily R3 @/around
[ 6030-35 descending Daily trend line on present Daily candle
[ 6035-40 prev 1hr sw hi zone
6041-45 prev 4hr/ 1hr sw hi zone
[ 6050-60 descending Daily trend line on present Daily candle
[ 6053-61 prev Daily/ 4hr/1hr sw hi zone
6075-92 prev Daily sw hi zone incl 6087= 61.8% 6617-5234
6103-15-30 prev Daily sw hi zone

G/L
ex member
  • #307,623
  • Apr 12, 2012 3:02am Apr 12, 2012 3:02am
Quoting A-speculator
fiber has continue down.. this is what about cable characteristic i don't like.. oh my.. cable likes to confuse traders.. i don't think we will spike up mate because ucad already finished testing the 1.0 level, swissy has continue up.. everything already aligned for cable to drop, but being cable..
Cable always gets the benefit of the doubt with EURGBP for the big boys to hide away....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,624
  • Apr 12, 2012 3:04am Apr 12, 2012 3:04am
Quoting bguguen
Cable always gets the benefit of the doubt with EURGBP for the big boys to hide away....
yeah seems that way..
  • #307,625
  • Apr 12, 2012 3:08am Apr 12, 2012 3:08am
Quoting Ill-b-back
I want that 1hr 20ma gone
she likes trade in this 20 ma, up or down.
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #307,626
  • Apr 12, 2012 3:09am Apr 12, 2012 3:09am
Quoting TauTrader
Good day,

Going to bed - but just want to test something...

Looking to enter long again to reach minimum 1.59380.

Regards
Come with me if you want to live....
  • #307,627
  • Apr 12, 2012 3:10am Apr 12, 2012 3:10am
5937 yesterday high really a tough one
I trade to live
  • #307,628
  • Apr 12, 2012 3:11am Apr 12, 2012 3:11am
it looks like it favours an upside break of yesterday's hi ? but anything can happen. Uk data at 0930am bst.

G/L
ex member
  • #307,629
  • Apr 12, 2012 3:14am Apr 12, 2012 3:14am
Quoting UbuFamily
5937 yesterday high really a tough one
i couldn't agree more. hit the area several times in the past few hours but unable to break
  • #307,630
  • Apr 12, 2012 3:18am Apr 12, 2012 3:18am
Good Morning.....

Just opened my eyes......

Not much to say yet......
I don't trust any move - when you have profit...take it.
  • #307,631
  • Apr 12, 2012 3:19am Apr 12, 2012 3:19am
Quoting Fudomyo
It's just plate tectonics.

When you have a major event like we had last year in Japan where the Pacific Plate released pressure, it sets off a series of adjustments around the Pacific Ring of Fire.

It's perfectly natural.
  • #307,632
  • Apr 12, 2012 3:26am Apr 12, 2012 3:26am
suddenly market is full of bulls and bears.. i can't figure out what data i've overlooked.. anyone can explain this strange behavior of the market without any significant data release on this london session..
  • #307,633
  • Apr 12, 2012 3:29am Apr 12, 2012 3:29am
Quoting A-speculator
suddenly market is full of bulls and bears.. i can't figure out what data i've overlooked.. anyone can explain this strange behavior of the market without any significant data release on this london session..
i guess data coming out from China..
  • #307,634
  • Apr 12, 2012 3:30am Apr 12, 2012 3:30am
Quoting A-speculator
suddenly market is full of bulls and bears.. i can't figure out what data i've overlooked.. anyone can explain this strange behavior of the market without any significant data release on this london session..
sorry,
the question is up or down?
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #307,635
  • Apr 12, 2012 3:30am Apr 12, 2012 3:30am

Thursday, April 12, 2012 1:30:08 AM *(UK) FEB VISIBLE TRADE BALANCE: -£8.8H V -£7.7BE; TOTAL TRADE BALANCE: -£ V -£2.0BE- Trade Balance Non EU -£ v -£3.8Be - Prior Visible Trade Balance revised XXX from -£7.5B to -£ - Prior Total Trade Balance revised XXX from -£1.8B to -£ - Prior Trade Balance EU revised XXX from -£3.7 to -£

Have Market Intel? TradeTheNews.com Tip Line -> Click Here

  • #307,636
  • Apr 12, 2012 3:30am Apr 12, 2012 3:30am
wow....

trade balance for UK.....

outch.
I don't trust any move - when you have profit...take it.
  • #307,637
  • Apr 12, 2012 3:31am Apr 12, 2012 3:31am
Quoting Zircon
sorry,
the question is up or down?
it's not about up or down.. i'm confused of the sudden volality in cable..
  • #307,638
  • Apr 12, 2012 3:32am Apr 12, 2012 3:32am
the market is always full of bears and bulls, sellers and buyers, supply and demand - there is nothing strange about it or about this PA,...

market reacting to 0930am data now.

G/L

Quoting A-speculator
suddenly market is full of bulls and bears.. i can't figure out what data i've overlooked.. anyone can explain this strange behavior of the market without any significant data release on this london session..
ex member
  • #307,639
  • Apr 12, 2012 3:34am Apr 12, 2012 3:34am
Whoa bad news in UK with increased balance of payment trade deficit... and we have GBPUSD flying up... i wonder if this is a stop hunt at 1.5950 before the drop...
i sincerely dont know what the fuck's going on right now...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,640
  • Apr 12, 2012 3:35am Apr 12, 2012 3:35am
she just broke 5937
I trade to live
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