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Cable Update (GBPUSD)

  • #310,721
  • May 1, 2012 4:54am May 1, 2012 4:54am
J16 ,I like him real trader =yes
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,722
  • May 1, 2012 4:56am May 1, 2012 4:56am
Lol not saying you can not at all TT ,im sure plenty can one day when im older ill do the same

Quoting TauTrader
Good day to you,

I have calculated my target and it's indicated on the chart. 1.6100 - 1.6086.

Will look to re-enter short. Bones - you will be proud of me,,, did it on the 1hr chart

Regards and trade well
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,723
  • May 1, 2012 4:56am May 1, 2012 4:56am
Quoting Bones
yes
i looked a usdlfx again its certainly possible it can gain..i think the last month candle is in consolidation..

pound also i think has found a range top..i think it possible for this to go 1.55..
Attached Image (click to enlarge)
Click to Enlarge Name: cable12.jpg Size: 92 KB
  • #310,724
  • May 1, 2012 5:02am May 1, 2012 5:02am
Good morning and good night....

Got up early to see the UK data - no trades for me today - going back to bed....not ging to play this chop. Too many people on holidays today.

Cheers.....

Will check in later -

Faller
I don't trust any move - when you have profit...take it.
  • #310,725
  • May 1, 2012 5:04am May 1, 2012 5:04am
in green zone massive push sept last year ,years candle wick to downside ,last month supprised me ,falling tl respected 1.6700 hard

1.6400 -1.6450 above bullish ,could cap
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx m1 1 -5 no 11.gif Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,726
  • May 1, 2012 5:05am May 1, 2012 5:05am
Quoting Faller
Good morning and good night....

Got up early to see the UK data - no trades for me today - going back to bed....not ging to play this chop. Too many people on holidays today.

Cheers.....

Will check in later -

Faller

whens the big boys back from holiday? or they back already..
market dont bloody move these days
  • #310,727
  • May 1, 2012 5:05am May 1, 2012 5:05am
Quoting Faller
Good morning and good night....

Got up early to see the UK data - no trades for me today - going back to bed....not ging to play this chop. Too many people on holidays today.

Cheers.....

Will check in later -

Faller
Have a good one!

All the best
  • #310,728
  • May 1, 2012 5:09am May 1, 2012 5:09am
Quoting Bones
in green zone massive push sept last year ,years candle wick to downside ,last month supprised me ,falling tl respected 1.6700 hard

1.6450 above bullish ,could cap

this is what im seeing tony ..bull flag in progress perhaps??i thought initailly the bearish candle on monthly, but just realised its a range (consolidation) so isnt actually bearish..if its the case pound may fall hard (1.5450)
Attached Image (click to enlarge)
Click to Enlarge Name: cable10.jpg Size: 68 KB
  • #310,729
  • May 1, 2012 5:16am May 1, 2012 5:16am
I think more than likely bullish close ? intresting to see where Nav ,could bounce off 1.64xx ,

Weekly would have much to do
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx d1 1 -5 no 11.gif Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,730
  • May 1, 2012 5:17am May 1, 2012 5:17am
Quoting lessy
Would cable break under 1.6185?
Low Daily Volumes.

Have a nice trade to all....

good to see u brother!!..we still here after all this time..hope u are all well (familly)
  • #310,731
  • May 1, 2012 5:20am May 1, 2012 5:20am
Quoting Bones
I think more than likely bullish close ? intresting to see where Nav ,could bounce off 1.64xx ,

Weekly would have much to do

i have a feeling pound moving up is a trap..i think i have lost the plot

price is struggling to break 1.62 cause of confluence of retrace of last week move and 50% fibo
  • #310,732
  • May 1, 2012 5:20am May 1, 2012 5:20am
Quoting TauTrader
Good day to you,

I have calculated my target and it's indicated on the chart. 1.6100 - 1.6086.

Will look to re-enter short. Bones - you will be proud of me,,, did it on the 1hr chart

Regards and trade well
1.6090
New voice message: Why are you calling me? If I need you, I'll call you!
  • #310,733
  • May 1, 2012 5:25am May 1, 2012 5:25am
But daily says down in my view


Quoting nAVIN2007
i have a feeling pound moving up is a trap..i think i have lost the plot

price is struggling to break 1.62 cause of confluence of retrace of last week move and 50% fibo
Attached Image (click to enlarge)
Click to Enlarge Name: gbp lfx h1 1 -5 no 11.gif Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,734
  • May 1, 2012 5:26am May 1, 2012 5:26am
Quoting KillerWhale
1.6090


May the odds forever be in your favour

Regards
  • #310,735
  • May 1, 2012 5:27am May 1, 2012 5:27am
Quoting Bones
But daily says down in my view

i agree
  • #310,736
  • Edited 5:55am May 1, 2012 5:27am | Edited 5:55am
76.4% 6617-5234 at the current weekly hi (6300) and 50% 6077-6300 at the current daily lo (amongst others)

4hr/daily general opa uptrends still intact - 1hr bearish now with serious damage to it's general opa uptrend off that 6300 Hi.

@/below the current daily lo

[ 6195-90 prev minor 1hr sw lo zone
[ 6190-86 prev minor 1hr sw hi zone incl 6190 = 50% 6077-6300, and 6187 = 76.4% 6151-6300
6186-75 3 fib cluster
6173 85.4% 6151-6300
6171 Daily S2 @/around
[ 6164-45 prev 4hr sw hi zone incl 6163 = 61.8% 6077-6300
[ 6164-51 prev 4hr/1hr sw lo zone
6139-31 prev 1hr sw lo zone incl 6135 = 23.6% 5769-6300, and 6132 = Weekly S1 @/around
6130 76.4% 6077-6300
6122 Daily S3 @/around
6118-11 3 fib cluster incl 6112 = Monthly Pivot @/around, and 6111= 85.4% 6077-6300
6098 38.2% 5769-6300
6090-87-80 prev minor Daily/4hr/1hr sw lo zone
6080-75 prev 4hr/1hr sw lo zone
[ 6058-48 3 fib cluster
[ 6055-24 prev minor weekly/Daily sw hi zone (non immed)
[ 6045-41-36 prev 4hr/1hr sw lo zone incl 6035/34 = 50% 5769-6300/38.2% 5601-6300



G/L
ex member
  • #310,737
  • May 1, 2012 5:43am May 1, 2012 5:43am
Quoting bbmac
76.4% 6617-5234 at the current weekly hi (6300) and 50% 6077-6300 at the current daily lo (amongst others)

4hr/daily general opa uptrends still intact - 1hr bearish now with serious damage to it's general opa uptrend off that 6300 Hi.

@/below the current daily lo

[ 6195-90 prev minor 1hr sw lo zone
[ 6190-86 prev minor 1hr sw hi zone incl 6190 = 50% 6077-6300, and 6187 = 76.4% 6151-6300
6186-75 3 fib cluster
6173 85.4% 6151-6300
6171 Daily S2 @/around
[ 6164-45 prev 4hr sw hi zone incl 6163 = 61.8% 6077-6300
[ 6164-51 prev 4hr/1hr sw...
Good day to you,

Thanks again for the effort you put in to share. Appreciated.
Attached Image
  • #310,738
  • May 1, 2012 5:54am May 1, 2012 5:54am
Lol, Thanks Tau - I will have a read of that myself !

G/L

Quoting TauTrader
Good day to you,

Thanks again for the effort you put in to share. Appreciated.
ex member
  • #310,739
  • May 1, 2012 6:25am May 1, 2012 6:25am
trending up on hourly
Attached Image (click to enlarge)
Click to Enlarge Name: gbp lfx h1 1 -5 no 12.gif Size: 22 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #310,740
  • May 1, 2012 6:31am May 1, 2012 6:31am
Quoting Bones
trending up on hourly
Yip - was waiting for this - will now be able to re-enter short somewhere soon.

Regards
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