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Cable Update (GBPUSD)

  • #307,941
  • Apr 13, 2012 2:56am Apr 13, 2012 2:56am
Quoting bguguen
Im up im awake... dont miss me... specialy you Ubu
I trade to live
  • #307,942
  • Apr 13, 2012 2:57am Apr 13, 2012 2:57am
Quoting nAVIN2007
so being afraid is bad cause u might not get every pip
market is always here and there are a million opportunities to get in..u are spoilt for choice of setup

dont sweat it ladies
I trade to live
  • #307,943
  • Apr 13, 2012 2:57am Apr 13, 2012 2:57am
Quoting eggs
What's up with this candy ass price action?
Today's gona be big movements... but i think we are restricted to news releases and guess who....
Ben Bernanke talks today... i wonder what Ben has to comment on China...
I have a strong feeling Rumors about China's GDP at 9% was a coup by the Fed since the rumor happened in US when London and Asia were offline.....
it has to be some US Banks... but then again Anyone could start a rumor...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,944
  • Apr 13, 2012 2:59am Apr 13, 2012 2:59am
G/M

Bullish candle yesterday with a Hi @ 5983 - top of the previous 4hr sw lo zone...se pic below. To the immediate downside of price per near-term 1hr pic below with Daily S1 @/around 5910, just above the Weekly Pivot @ 5912 area.

3 fib cluster at the current daily lo.

G/L
Attached Image(s) (click to enlarge)
Click to Enlarge Name: z4.jpg Size: 97 KB
Click to Enlarge Name: z1.jpg Size: 116 KB
ex member
  • #307,945
  • Apr 13, 2012 3:04am Apr 13, 2012 3:04am
Quoting bbmac
G/M

Bullish candle yesterday with a Hi @ 5983 - top of the previous 4hr sw lo zone...se pic below. To the immediate downside of price per near-term 1hr pic below with Daily S1 @/around 5910, just above the Weekly Pivot @ 5912 area.

3 fib cluster at the current daily lo.

G/L
Good sir your 1st pic is suggesting we have a bearish engulfing
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,946
  • Apr 13, 2012 3:05am Apr 13, 2012 3:05am
2 x LH's and a LL now on 1hr

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 40 KB
ex member
  • #307,947
  • Apr 13, 2012 3:08am Apr 13, 2012 3:08am
Quoting bguguen
Good sir your 1st pic is suggesting we have a bearish engulfing
yeh on that 4hr screenshot - a master bearish engulfing candle whose body engulfed the previous 2 x candle bodies.

G/L
ex member
  • #307,948
  • Apr 13, 2012 3:09am Apr 13, 2012 3:09am
Quoting bguguen
Good sir your 1st pic is suggesting we have a bearish engulfing
really? from the way I see it cable just broke his upper TL...and the price direction is like retesting the support zone which bbmac create in red...
I trade to live
  • #307,949
  • Apr 13, 2012 3:13am Apr 13, 2012 3:13am
see below.

G/L

Quoting UbuFamily
really? from the way I see it cable just broke his upper TL...and the price direction is like retesting the support zone which bbmac create in red...
Attached Image
ex member
  • #307,950
  • Apr 13, 2012 3:15am Apr 13, 2012 3:15am
Quoting UbuFamily
really? from the way I see it cable just broke his upper TL...and the price direction is like retesting the support zone which bbmac create in red...
well you hear it from the guy himself... it is a master bearish engulfing with the body of the engulfing candle 2x the previous...
and GBPUSD falls... badabing badaboom
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,951
  • Apr 13, 2012 3:16am Apr 13, 2012 3:16am
Quoting bbmac
see below.

G/L

sorry....I misunderstood your chart...
I trade to live
  • #307,952
  • Apr 13, 2012 3:19am Apr 13, 2012 3:19am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting bguguen
Today's gona be big movements... but i think we are restricted to news releases and guess who....
Ben Bernanke talks today... i wonder what Ben has to comment on China...
I have a strong feeling Rumors about China's GDP at 9% was a coup by the Fed since the rumor happened in US when London and Asia were offline.....
it has to be some US Banks... but then again Anyone could start a rumor...
What time does big ben deliver the blow?
  • #307,953
  • Apr 13, 2012 3:21am Apr 13, 2012 3:21am
Quoting eggs
What time does big ben deliver the blow?
6PM GMT.... and thats bad news for me since im gona be in uni preparing a project presentation during that time... so i wont be able to explain whats going on here....
but i can only manage my trades...

Soooo....
"When in doubt, Don't risk it"
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,954
  • Apr 13, 2012 3:24am Apr 13, 2012 3:24am
38.2% of 5816-5983 at the lo in a previous 1hr sw lo zone. The last 4hr fractal swing lo is down at 5807 (yellow fibs shown on 1hr chart below.)

Is this a pullback in the establishing 4hr uptrend or more ?

G/L
Attached Image
ex member
  • #307,955
  • Apr 13, 2012 3:25am Apr 13, 2012 3:25am
Quoting bguguen
6PM GMT.... and thats bad news for me since im gona be in uni preparing a project presentation during that time... so i wont be able to explain whats going on here....
but i can only manage my trades...

Soooo....
"When in doubt, Don't risk it"

or go all in?
I don't trust any move - when you have profit...take it.
  • #307,956
  • Apr 13, 2012 3:26am Apr 13, 2012 3:26am
Quoting Faller
or go all in?
lol dude... come on we are teaching these fellas here risk management not risk addiction here LOL
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #307,957
  • Apr 13, 2012 3:35am Apr 13, 2012 3:35am
Quoting bguguen
lol dude... come on we are teaching these fellas here risk management not risk addiction here LOL
I think Faller is an addicted POKER player in Facebook.....lol
I trade to live
  • #307,958
  • Apr 13, 2012 3:37am Apr 13, 2012 3:37am
Cable touches 38.2% FIB RET. support which is at 5917 & PPI came better. Therefore, I'm expecting upward move until release of US CPI data. Then USD will affect it.
  • #307,959
  • Apr 13, 2012 3:37am Apr 13, 2012 3:37am
GU barely reacted to high PPI number..

holding shorts until US Core cpi at 830 est

sl at BE so no worries here.. back to bed
  • #307,960
  • Apr 13, 2012 3:40am Apr 13, 2012 3:40am
if 5914 broken, bear in charge all the way to 5780
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