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Cable Update (GBPUSD)

  • #309,701
  • Apr 25, 2012 8:42am Apr 25, 2012 8:42am
Ok , no enough bo yet , expecting more action .pullback to continue as far possible , limit stands !
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #309,702
  • Apr 25, 2012 8:50am Apr 25, 2012 8:50am
less then 100 days to go before the Olympic, that must be the reason why the GBP is so strong.
Lots of people round the world is changing GBP now, so the government want to maintain good rates for themselves.

probably towards the end of the Olympic, then we see the fall of GBP.
  • #309,703
  • Apr 25, 2012 8:56am Apr 25, 2012 8:56am
Quoting Ill-b-back
A duck walks into a bar and orders a beer. The barman looks at him in astonishment and says, "Crikey a talking duck, where are you from mate?". The duck replies "I'm working as a plumber at the building site down the road". The barman scratches his head and says "you should think about joining a circus". The duck looks back at him a little confused and says "Why, do they need a plumber?"
A guy walks into a barbershop and notice it was full so he ask the barber how long will it be before he gets a cut, the barber said about 2hrs, so the guy leaves, the same guy comes back the next day and ask again how long will it be before i get a haircut, the barber said about an hour, so the guy leaves again, he comes back the next day and ask again how long will it be before i get a hair cut, the barber said about hlf hour, so the guy leaves again, so the barber tells one of his clients il give you a free hair cut if you follow that guy and tell me where he's going, the client follow the guy came back to the barber laughing, the barber said where did he go, the client said to your house
  • #309,704
  • Apr 25, 2012 8:57am Apr 25, 2012 8:57am
when i open AUD - USD chart and switch to daily TF i see this picture.
Attached Image (click to enlarge)
Click to Enlarge Name: space-shuttle-discovery 2.jpg Size: 125 KB
90% of traders use TA, indicators and prediction
  • #309,705
  • Apr 25, 2012 9:02am Apr 25, 2012 9:02am
Quoting PoundTrader
A guy walks into a barbershop and notice it was full so he ask the barber how long will it be before he gets a cut, the barber said about 2hrs, so the guy leaves, the same guy comes back the next day and ask again how long will it be before i get a haircut, the barber said about an hour, so the guy leaves again, he comes back the next day and ask again how long will it be before i get a hair cut, the barber said about hlf hour, so the guy leaves again, so the barber tells one of his clients il give you a free hair cut if you follow that guy and...
I don't get it
Come with me if you want to live....
  • #309,706
  • Apr 25, 2012 9:03am Apr 25, 2012 9:03am
Quoting PoundTrader
A guy walks into a barbershop and notice it was full so he ask the barber how long will it be before he gets a cut, the barber said about 2hrs, so the guy leaves, the same guy comes back the next day and ask again how long will it be before i get a haircut, the barber said about an hour, so the guy leaves again, he comes back the next day and ask again how long will it be before i get a hair cut, the barber said about hlf hour, so the guy leaves again, so the barber tells one of his clients il give you a free hair cut if you follow that guy and...
hehe-

Excellent. Loved it.

I do the same with the garden services guy...

Oops

Regards
  • #309,707
  • Apr 25, 2012 9:03am Apr 25, 2012 9:03am
nothing more to it. I will short again if 1.6160 crossed.
  • #309,708
  • Apr 25, 2012 9:05am Apr 25, 2012 9:05am
SO now expected to goto 1.6185 , then back down?
whats the timeline ?
reports in 3.5 hours (fomc and interest rate)
fed reserve bank chairman in 5:15 hrs time .
  • #309,709
  • Apr 25, 2012 9:05am Apr 25, 2012 9:05am
Quoting PoundTrader
A guy walks into a barbershop and notice it was full so he ask the barber how long will it be before he gets a cut, the barber said about 2hrs, so the guy leaves, the same guy comes back the next day and ask again how long will it be before i get a haircut, the barber said about an hour, so the guy leaves again, he comes back the next day and ask again how long will it be before i get a hair cut, the barber said about hlf hour, so the guy leaves again, so the barber tells one of his clients il give you a free hair cut if you follow that guy and...
......it's funny mate......
  • #309,710
  • Apr 25, 2012 9:18am Apr 25, 2012 9:18am
Quoting Ill-b-back
I don't get it
http://www.pic4ever.com/images/2uge4p4.gif
  • #309,711
  • Apr 25, 2012 9:18am Apr 25, 2012 9:18am
Quoting TauTrader
good day to you,

Now looking to short 5min chart on GU for 10 to 15

Regards
good day to you,

Will exit @ 1.6110

Regards
  • #309,712
  • Apr 25, 2012 9:33am Apr 25, 2012 9:33am
Quoting _BBKing_
when i open AUD - USD chart and switch to daily TF i see this picture.
Not see any rocket yet in au , IB in monthly tf there though , so more correction still in views towards 1.0047,0.9121 ( 38.2% fib ) to 50% /61.8% whatsever ) . breaks 1.0752 & top only for rocket science in success .lets see what intention !
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #309,713
  • Apr 25, 2012 9:44am Apr 25, 2012 9:44am
Quoting Vikingbarde
SO now expected to goto 1.6185 , then back down?
whats the timeline ?
reports in 3.5 hours (fomc and interest rate)
fed reserve bank chairman in 5:15 hrs time .
No that high again before the done correction , pullback to continue down as I charted before .
some limit levels there down for failure correction & continue up above previous highs .first & next limit line , important first line now stands 1.6076.can expect it a sure break type.


so what ever news side may do , the possible pa stands this way , adjust with time & news & actions.
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #309,714
  • Apr 25, 2012 9:56am Apr 25, 2012 9:56am
Quoting TauTrader
good day to you,

Will exit @ 1.6110

Regards
Good day to you,

Still looking to exit short scalps @ 1.6110 - but higher we will go on the shorter term. So - looking to exit short scalps and then looking to go long somewhere in the near future - based on 30 min chart...

Will post when I do.

Keep safe - trade well

Regards
  • #309,715
  • Apr 25, 2012 10:01am Apr 25, 2012 10:01am
Quoting TauTrader
Good day to you,

Still looking to exit short scalps @ 1.6110 - but higher we will go on the shorter term. So - looking to exit short scalps and then looking to go long somewhere in the near future - based on 30 min chart...

Will post when I do.

Keep safe - trade well

Regards
good day to you,

Ok - first long in @ 1.6109

May be too early - but will follow up with more

Regards
  • #309,716
  • Apr 25, 2012 10:05am Apr 25, 2012 10:05am
Quoting TauTrader
good day to you,

Ok - first long in @ 1.6109

May be too early - but will follow up with more

Regards
good day to yu,

Not looking for much...1.6130 will seal the deal

Regards
  • #309,717
  • Apr 25, 2012 10:09am Apr 25, 2012 10:09am
Quoting TauTrader
good day to you,

Ok - first long in @ 1.6109

May be too early - but will follow up with more

Regards
good day to you,

Just to add - we could move down - but this will just have me add more towards 1.6130.

Trade well

Regards
  • #309,718
  • Apr 25, 2012 10:18am Apr 25, 2012 10:18am
Quoting TauTrader
good day to you,

Just to add - we could move down - but this will just have me add more towards 1.6130.

Trade well

Regards
good day to you,

Done

Regards
  • #309,719
  • Apr 25, 2012 10:28am Apr 25, 2012 10:28am
Good day to you,

Ok -

Started shorting on 5 min chart...

1.6136... will add more. Target 1.6112.

Not sure - as always. Trade your own system.

Regards
  • #309,720
  • Apr 25, 2012 10:46am Apr 25, 2012 10:46am
Quoting TauTrader
good day to you,

Done

Regards

nice trading Tau Trader
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