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Cable Update (GBPUSD)

  • #309,601
  • Apr 25, 2012 3:37am Apr 25, 2012 3:37am
Quoting nAVIN2007
its still bullish, so long as it close above dailly open..30 minutes to go..for the 4hr to close..
the last 4H close below 50% and yes its till bullish if its break upper shadow,but now it break below...the Bear just start mate
If there was easy money lying around,no one would be forcing it into your
  • #309,602
  • Apr 25, 2012 3:37am Apr 25, 2012 3:37am
Quoting rsg10z
hello sir, where do you get that number? I also want to find faster source than forexfactory for news updates
Respectfully, you need to be asking someone like bbmac if you need serious information.
Gone to a better place
  • #309,603
  • Apr 25, 2012 3:39am Apr 25, 2012 3:39am
Quoting Red Alert
and Boooommmmmmm........bears give a good show now.....
Just remember bear could be wrong but not ALWAYS WRONG.....!!!!

Just enjoy the movement and just follow the train now mate....

regards
RA
This time is the real deal.... UK IS in recession.... the POUND is tooo strong knowing the Queen's jubilee and Olympic is coming soon the POUND cannot be strong....

the Rosy Retail Sale report that looked real good for GBP was fueld by UK's Oil Tanker Driver Taking Strike causing a panic purchase, that explained why Oil was rising before That report
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,604
  • Apr 25, 2012 3:41am Apr 25, 2012 3:41am
Quoting bbmac
-0.2% the actual # against -0.1% forecast and -0.3% last time, so Uk in a technical recession now !

G/L
Can't say i didnt see this coming.... being in London... the whole damn city is real depressed right now... even the tube journey prices gone up... i even got friends finding it better to Walk to college instead....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,605
  • Apr 25, 2012 3:41am Apr 25, 2012 3:41am
Most traders are selling the cable because of his high level

also the news came now bad

so its clear more and more will go shorts
and this is exactly what the big boys are waiting for

so take care.. have sl in trade!
  • #309,606
  • Apr 25, 2012 3:43am Apr 25, 2012 3:43am
Quoting fontu
Nice chart. with 6165 broken but rejection candle also there , now break 6141 & 30 to confirm down if with further H4 present candle close exact or below 6151.
fontu

Thanks Fontu...

Here is an updated chart from the one I posted earlier....
Attached Image (click to enlarge)
Click to Enlarge Name: shrug update.png Size: 42 KB
I don't trust any move - when you have profit...take it.
  • #309,607
  • Apr 25, 2012 3:44am Apr 25, 2012 3:44am
Quoting fxkiller
Most traders are selling the cable because of his high level

also the news came now bad

so its clear more and more will go shorts
and this is exactly what the big boys are waiting for

so take care.. have sl in trade!
this is where BIG BOYS wants you stick to the trend .... and then ??TH?EY?? takes the market Down ... LOL....
setup is perfect for a reversal.... no doubt ...
  • #309,608
  • Apr 25, 2012 3:45am Apr 25, 2012 3:45am
Quoting nAVIN2007
i said it b4 i will say it again ..watch meh!!!!!
no you watch me http://www.pic4ever.com/images/nudie.gif
  • #309,609
  • Apr 25, 2012 3:45am Apr 25, 2012 3:45am
Quoting bguguen
This time is the real deal.... UK IS in recession.... the POUND is tooo strong knowing the Queen's jubilee and Olympic is coming soon the POUND cannot be strong....

the Rosy Retail Sale report that looked real good for GBP was fueld by UK's Oil Tanker Driver Taking Strike causing a panic purchase, that explained why Oil was rising before That report
Hi...Bguguen.....i will see your smile after navin's.....hopefully this is the time you waiting for...just enjoy the time mate....

Good luck
  • #309,610
  • Apr 25, 2012 3:45am Apr 25, 2012 3:45am
Quoting bguguen
This time is the real deal.... UK IS in recession.... the POUND is tooo strong knowing the Queen's jubilee and Olympic is coming soon the POUND cannot be strong....
I agree that the pound seems a little strong, but disagree that its needs to be low for Olympic and Jubilee. There will be demand for sterling because of these events such as the Olympics so bankers are bound to price it high so to make the most dollars out of the tourists.
  • #309,611
  • Apr 25, 2012 3:47am Apr 25, 2012 3:47am
Quoting PoundTrader
no you watch me http://www.pic4ever.com/images/nudie.gif

  • #309,612
  • Apr 25, 2012 3:48am Apr 25, 2012 3:48am
Quoting Red Alert
Hi...Bguguen.....i will see your smile after navin's.....hopefully this is the time you waiting for...just enjoy the time mate....

Good luck
well GBPUSD is not a real concern for me.... GBPNZD is.... need to get back to 1.9625

But yea... like i said the whole week last week the GBPUSD is manipulated by the big boys.... when you see GBPUSD Flying up without taking a breather... Thats pure manipulation against normal Price Action....
Meaning theres only buyer and no seller.... which is unsual because every transaction here has to be a buyer for every seller....
it was pure manipulation as i said.... wont be surprised to see it back to 1.5800 where we started LAST week
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,613
  • Apr 25, 2012 3:49am Apr 25, 2012 3:49am
i will trade my chart its in a support zone needs a 6130 test still bullish imo good luck ....
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 11 KB
  • #309,614
  • Apr 25, 2012 3:52am Apr 25, 2012 3:52am
Quoting PoundTrader
no you watch me http://www.pic4ever.com/images/nudie.gif

absolute;y love the icons you have been posting tonight!!!!
I don't trust any move - when you have profit...take it.
  • #309,615
  • Apr 25, 2012 3:52am Apr 25, 2012 3:52am
Quoting goldenmember
I agree that the pound seems a little strong, but disagree that its needs to be low for Olympic and Jubilee. There will be demand for sterling because of these events such as the Olympics so bankers are bound to price it high so to make the most dollars out of the tourists.
YEA... but then the tourists will spend a lot less in the UK... they wont make the best of the events if they make their pound too high...
reason???

Well GDP is formulated my this formula

AD = C+I+G+(X-M)

the Pound demand for tourist to come from UK is gona boost X, or UK's Exports, that'll increase AD, but if the Pound is too strong... X wont be as large, and also C gets affected too... Strong GBP makes C (consumer spending) in this case the tourists spending spree to decrease...

MARK my words.... UK WILL slip further into recession if they keep the POUND TOO HIGH before Queen's Jubilee and Olympics,
However....... and i say However...... What price point would be too strong for pound?? well no body knows really...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #309,616
  • Apr 25, 2012 3:52am Apr 25, 2012 3:52am
Quoting trj6911
i will trade my chart its in a support zone needs a 6130 test still bullish imo good luck ....
quite possible but u get ready to meet fresh bears at 6104, 6117, 6128 before reaching 6130
  • #309,617
  • Apr 25, 2012 3:53am Apr 25, 2012 3:53am
Quoting Faller
absolute;y love the icons you have been posting tonight!!!!
thank you.
  • #309,618
  • Apr 25, 2012 3:55am Apr 25, 2012 3:55am


your lot aniway... have u calculated your risk brother ?

i know your account is your account ... but money management ? again congrats aniway .....
Quoting Red Alert
and Boooommmmmmm........bears give a good show now.....
Just remember bear could be wrong but not ALWAYS WRONG.....!!!!

Just enjoy the movement and just follow the train now mate....

regards
RA
not euphoria follower
  • #309,619
  • Apr 25, 2012 3:56am Apr 25, 2012 3:56am
cable now heading to 1.5750. anybody has any doubts?
  • #309,620
  • Apr 25, 2012 3:59am Apr 25, 2012 3:59am
Quoting fxkiller
Most traders are selling the cable because of his high level

also the news came now bad

so its clear more and more will go shorts
and this is exactly what the big boys are waiting for

so take care.. have sl in trade!
you think the big boys setting a trap http://www.pic4ever.com/images/129fs3867689.gif
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