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Cable Update (GBPUSD)

  • #311,061
  • May 2, 2012 10:59pm May 2, 2012 10:59pm
GBP might go down and test 1.6151. if services PMI disappoints i see this beast coming down finally.
  • #311,062
  • May 2, 2012 11:03pm May 2, 2012 11:03pm
Quoting Ill-b-back
Good mate. Funny times right now, seems no one is serious about buying USD lately. I'd like to get a reversal so I can try out a robot I had made a few years back. It seems cable don't care about economics, she's on Red Bull and has wings.
Errrr I'm not sure about the USD conditions for now but yes cable doesn't really cared about economics.. I suppose the olympic need a pump up of currency values.. thus believing tourist not taking care of the pound's value..ha ha nah I'm just saying that...
I trade to live
  • #311,063
  • May 2, 2012 11:05pm May 2, 2012 11:05pm
Quoting PoundTrader
http://www.easyfreesmileys.com/smile...mileys-746.gif
LOL

where the hell u got this gif...how??
I trade to live
  • #311,064
  • May 2, 2012 11:06pm May 2, 2012 11:06pm
Quoting Leunammj
Asian trade jpy pairs.if strength in gbpjpy it will move other gbp higher . the movements in gbp bull is due to gbp/Aud and eurgbp . the movements of usd strength mainly in eurusd and audusd . but good data for us is now aud rally as stock s&p move with audusd. anyway trade technical if already oversold. unlikely to sell further like ytd eurusd climbed back to 1.3160 after no further fundamental sell off. new York is always buying hours for carry trade.

today gbp likely to fall to 1.6080 from technical. unless good data to boost it to re test...
yes i can see 1.6080http://www.easyfreesmileys.com/smile...mileys-486.gif
  • #311,065
  • May 2, 2012 11:11pm May 2, 2012 11:11pm
Quoting UbuFamily
Ahhh sorry bro lambat aku reply komen ko ni..tak nmpak beb.

anyway trade dulu ada closed in red..tapi isnin lalu saya terlupa pulak saya ada open buy order..dah tutup dah..so far so good bro...sibuk baru2 ni pasal stress betul aku tengok bull ni...tapi nmpaknya top high mcm dah tested...he he he
ahaha.. tak de hal la bro.. bull was the thing in the past..
  • #311,066
  • May 2, 2012 11:14pm May 2, 2012 11:14pm
Quoting PoundTrader
yes i can see 1.6080http://www.easyfreesmileys.com/smile...mileys-486.gif
oh come on mate.. make it 6060.. i have my TP at 6070.. an overshoot once in a while is not a bad thing right?
  • #311,067
  • May 2, 2012 11:20pm May 2, 2012 11:20pm
PT you are crazy you need beat for that one http://www.easyfreesmileys.com/smile...ileys-1308.gif
  • #311,068
  • May 2, 2012 11:28pm May 2, 2012 11:28pm
Quoting PoundTrader
PT you are crazy you need beat for that one http://www.easyfreesmileys.com/smile...ileys-1308.gif

Atm, I'm the middle one

http://www.freesmileys.org/smileys/smiley-chores015.gif

Gotcha PT!
I trade to live
  • #311,069
  • May 2, 2012 11:44pm May 2, 2012 11:44pm
Quoting UbuFamily
Errrr I'm not sure about the USD conditions for now but yes cable doesn't really cared about economics.. I suppose the olympic need a pump up of currency values.. thus believing tourist not taking care of the pound's value..ha ha nah I'm just saying that...
yes , Tourist Doesn't care about the pound value , but how about money changer all accross the worldwide , They are all indeed acting as Buyers
  • #311,070
  • May 2, 2012 11:45pm May 2, 2012 11:45pm
Technically we have 6050/60 as a major support level and very close to the phycological level at 6000. 50/60 pips difference is small based on cable std.

Would be an interesting day today..
  • #311,071
  • May 2, 2012 11:51pm May 2, 2012 11:51pm
Attached Image (click to enlarge)
Click to Enlarge Name: huhu.gif Size: 30 KB



Cheers
I trade to live
  • #311,072
  • May 2, 2012 11:54pm May 2, 2012 11:54pm
Quoting mrfxlee
yes , Tourist Doesn't care about the pound value , but how about money changer all accross the worldwide , They are all indeed acting as Buyers

Yes u hit the jackpot! That's the headache bit me.

Thank you for commenting
I trade to live
  • #311,073
  • May 2, 2012 11:55pm May 2, 2012 11:55pm
Quoting A-speculator
Technically we have 6050/60 as a major support level and very close to the phycological level at 6000. 50/60 pips difference is small based on cable std.

Would be an interesting day today..

Sure it is mate
I trade to live
  • #311,074
  • May 3, 2012 12:04am May 3, 2012 12:04am
Quoting UbuFamily
Errrr I'm not sure about the USD conditions for now but yes cable doesn't really cared about economics.. I suppose the olympic need a pump up of currency values.. thus believing tourist not taking care of the pound's value..ha ha nah I'm just saying that...
Yes I know bro, I know
Come with me if you want to live....
  • #311,075
  • May 3, 2012 12:29am May 3, 2012 12:29am
Hi bro....

Need help here, I have 3 sell position on GBP/USD, they're : 1.5950, 1.6135 and 1.6250 (I plan to TP on this one at 1.6130 together with 1.6135)

Do you thing is possible that we can see the number by today or tomorrow. I'm afraid it will go up and break 1.63xx once again, especially since many rumours outside said that GBP will not go down deeply until London 2012 Olympic ?

Advice please ....what should I do with my lot.

Many thanks in advance.
  • #311,076
  • May 3, 2012 12:37am May 3, 2012 12:37am
Quoting Tsar
How can this be True ?


MEMO :
I'm so sorry... have been Disruptive !

Too GOOD to be TRUE...

5 Days Left in Previous Post :

#861 Apr 29, 2012 12:23pm
#863 Apr 29, 2012 2:17pm


MEMO :
Excuse me... for make Sure.
Always looking the GREAT, never left GOOD Point...
  • #311,077
  • May 3, 2012 1:00am May 3, 2012 1:00am
the reporter's coming ....
Quoting Tsar
Too GOOD to be TRUE...

5 Days Left in Previous Post :

#861 Apr 29, 2012 12:23pm
#863 Apr 29, 2012 2:17pm


MEMO :
Excuse me... for make Sure.
not euphoria follower
  • #311,078
  • May 3, 2012 1:18am May 3, 2012 1:18am
Morning , seeing all ok so far , correction up for 4th wave apparently ended & next up to 6207 expecting the fall start , confirmation 6182 & next 6160 that one again very close to very important & determinent next action line 6153 & hence carefull all around. anyway limit 6211 will be in watch topside if any wrong .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: usd32.gif Size: 19 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #311,079
  • May 3, 2012 1:22am May 3, 2012 1:22am
i am bearish bias also till around 6050 but already fasten the seat belt at this level and clear all short position ...


Quoting fontu
Morning , seeing all ok so far , correction up for 4th wave apparently ended & next up to 6207 expecting the fall start , confirmation 6182 & next 6160 that one again very close to very important & determinent next action line 6153 & hence carefull all around. anyway limit 6211 will be in watch topside if any wrong .
fontu
not euphoria follower
  • #311,080
  • May 3, 2012 1:43am May 3, 2012 1:43am
Quoting ttan2003
Hi bro....

Need help here, I have 3 sell position on GBP/USD, they're : 1.5950, 1.6135 and 1.6250 (I plan to TP on this one at 1.6130 together with 1.6135)

Do you thing is possible that we can see the number by today or tomorrow. I'm afraid it will go up and break 1.63xx once again, especially since many rumours outside said that GBP will not go down deeply until London 2012 Olympic ?

Advice please ....what should I do with my lot.

Many thanks in advance.
If she break 6159, then I think 6080 will be reached. This is my plan only and is not gospel. And this is definitely NOT meant as trading advice
Gospel
Come with me if you want to live....
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