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Cable Update (GBPUSD)

  • #311,141
  • May 3, 2012 4:10am May 3, 2012 4:10am
How many times is bernanke going to do this fucking QE?

QE3..........................................QE100

  • #311,142
  • May 3, 2012 4:11am May 3, 2012 4:11am
look at weekly on thursday yes you can ,to predict move
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,143
  • May 3, 2012 4:13am May 3, 2012 4:13am
Quoting Bones
Cool but your wrong you can look at weekly and say this pair is bearish ,just trying to help
I agree that the unformed weekly candle is looking v.bearish at the moment - no doubt about that but it is not closed and the opa -overall price action (not one unclosed individual candle) on that t/f suggests overall a general opa uptrend with 6300 being a 3rd HH on that t/f (though not fractal swing there - wherever it does form it will be a 3rd HH)

G/L
ex member
  • #311,144
  • May 3, 2012 4:13am May 3, 2012 4:13am
Quoting 16Nov16
Having gone up through 1.6165 last Wednesday (a high from Oct last), albeit slowly, it is now trying to break back down for the third time. If that S/R lasts, then the only way is up: 1.6330, 1.6465 and who knows after that.

I have placed a Buy for 1.61667 with a 15-pip S/L, but it has not been triggered yet.

Cable is so slow these days. It makes it very frustrating to trade, IMHO.
after your price levels, the strongest resistance is at 7300 level.. lol.
  • #311,145
  • May 3, 2012 4:16am May 3, 2012 4:16am
im gonna get you sucker http://www.pic4ever.com/images/157fs837411.gif
  • #311,146
  • May 3, 2012 4:17am May 3, 2012 4:17am
BB that candle was born Wed ,its the weekly no way in my eyes there can be any other result even if we went up to top it would be bearish without any doubt whatsoever more than happy to put my neck on line

Quoting bbmac
I agree that the unformed weekly candle is looking v.bearish at the moment - no doubt about that but it is not closed and the opa -overall price action (not one unclosed individual candle) on that t/f suggests overall a general opa uptrend with 6300 being a 3rd HH on that t/f (though not fractal swing there - wherever it does form it will be a 3rd HH)

G/L
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,147
  • May 3, 2012 4:19am May 3, 2012 4:19am
yes bones it seem like it wanna go down base on price action, i think there's to many short and not enough money to cover all, be back in 15 min gotta go do something http://www.easyfreesmileys.com/smile...mileys-944.gif
  • #311,148
  • May 3, 2012 4:24am May 3, 2012 4:24am
Quoting 16Nov16
Having gone up through 1.6165 last Wednesday (a high from Oct last), albeit slowly, it is now trying to break back down for the third time. If that S/R lasts, then the only way is up: 1.6330, 1.6465 and who knows after that.

I have placed a Buy for 1.61667 with a 15-pip S/L, but it has not been triggered yet.

Cable is so slow these days. It makes it very frustrating to trade, IMHO.

Very True...
arrrgghh..
Golden Goose Return This Month: na
  • #311,149
  • May 3, 2012 4:26am May 3, 2012 4:26am
lol. why fiber,aussie,kiwi & swissy are easier and profitable than cable.. i just don't understand.. ahahaha..

such a pain in the ass this cable..
  • #311,150
  • May 3, 2012 4:29am May 3, 2012 4:29am
this is how 1hr looks atm.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 98 KB
ex member
  • #311,151
  • May 3, 2012 4:33am May 3, 2012 4:33am
Quoting PoundTrader
yes bones it seem like it wanna go down base on price action, i think there's to many short and not enough money to cover all, be back in 15 min gotta go do something http://www.easyfreesmileys.com/smile...mileys-944.gif
Call your girlfriend bro, that's what booty calls are for man. Leave Fritz alone man, that's not cool
Come with me if you want to live....
  • #311,152
  • May 3, 2012 4:39am May 3, 2012 4:39am


looks bearish ??






Quoting bbmac
this is how 1hr looks atm.

G/L
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,153
  • May 3, 2012 4:39am May 3, 2012 4:39am
Quoting Ill-b-back
Call your girlfriend bro, that's what booty calls are for man. Leave Fritz alone man, that's not cool
much safer this way http://www.easyfreesmileys.com/smileys/tv-062.gif
  • #311,154
  • May 3, 2012 4:40am May 3, 2012 4:40am
Quoting PoundTrader
much safer this way http://www.easyfreesmileys.com/smileys/tv-062.gif
http://www.easyfreesmileys.com/smile...mileys-953.gif
  • #311,155
  • May 3, 2012 4:44am May 3, 2012 4:44am
Quoting PoundTrader
yes bones it seem like it wanna go down base on price action, i think there's to many short and not enough money to cover all, be back in 15 min gotta go do something http://www.easyfreesmileys.com/smile...mileys-944.gif

Seriously? Am I seeing a martubating emoticon??
I trade to live
  • #311,156
  • May 3, 2012 4:45am May 3, 2012 4:45am
Quoting PoundTrader
http://www.easyfreesmileys.com/smile...mileys-953.gif
Damn!!!! You stole my line bro. No shame in safety I suppose, but check the face on mrs Palmer bro, she need a facelift
Come with me if you want to live....
  • #311,157
  • May 3, 2012 4:56am May 3, 2012 4:56am
did any1 suspend faller?
  • #311,158
  • May 3, 2012 5:02am May 3, 2012 5:02am
so,residual demand on a re-test of yesterday's lo zone...5min led the way with the classic bullish div play, then 15min and of course 30min tweezer bottom - pips to the long side available then but how strong is the demand ?

Daily remains in a general opa uptrend , 4hr general uptrend looking somewhat weaker with 2 x LH's and a L now and 1hr bearish-mixed.

G/L
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 5min.jpg Size: 106 KB
Click to Enlarge Name: 1045 15min pa trigger.jpg Size: 67 KB
ex member
  • #311,159
  • May 3, 2012 5:11am May 3, 2012 5:11am
@/below the current daily lo:

[ 6166-58-45 prev 4hr sw hi zone incl 6163 = 61.8% 6077-6300
[ 6164-51 prev 4hr/1hr sw lo zone incl 6159 = Daily S1 @/around
6139-31 prev 1hr minor sw lo zone incl 6135 = 23.6% 5769-6300, and 6132 = Weekly S1 @/around
6130 76.4% 6077-6300
6120 Daily S2 @/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 incl 6080 = Daily S3 @/around
[ 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
6019-07 prev 4hr sw lo zone
6002 61.8% 5817-6300 & Weekly S2 @/around
5995 61.8% 5805-6300
[ 5982-66 prev minor Daily/4hr sw hi zone (non-immed) incl 5971=61.8% 5769-6300
[ 5970-62-57 prev 4hr sw lo zone
5952 50% 5601-6300
5932 76.4% 5817-6300
[ 5930-25 ascending Daily t/f t/line on present Daily candle
[ 5928 Weekly S3 @/around
[ 5926 Monthly S1 @/around
5923 76.4% 5805-6300
5910-5893 prev 4hr sw lo zone incl 5894 = 38.2% 5234-6300 and 76.4% 5769-6300
5889 85.4% 5817-6300
5879 85.4% 5805-6300
5873-60 prev 4hr sw lo zone incl 5869 = 61.8% 5601-6300
5847 85.4% 5769-6300
5824-16-03-5799 prev Daily/4hr swing lo zone (prev wkly sw lo zone to 5803)
5796-88-5769 prev Daily/4hr sw lo zone incl 5769 = 76.4% 5601-6300 and 50% 5234-6300

NB: Not included in analysis above are fibs related to swings up to 6300 from minor 4hr swings 5861,5893,6007, and 6036.

G/L
ex member
  • #311,160
  • May 3, 2012 5:12am May 3, 2012 5:12am
range on cable is seriously enough to make u quit or overleverage leading to account blow..

bguguen must have passed out now, looking at gbpnzd
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