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Cable Update (GBPUSD)

  • #311,281
  • May 3, 2012 3:01pm May 3, 2012 3:01pm
Quoting nAVIN2007
junior is in trouble this mofo is gaining
that pair as i said few weeks ago is in wave 3, so as expected it will move more upwards than downwards..

anyway, seems like cable reluctant to go downwards and think we should move up earliest by tomorrow.

fiber print a very clear picture on the bullish view compared to cable, i think the lowest for cable will be today's low.
  • #311,282
  • May 3, 2012 3:01pm May 3, 2012 3:01pm
Quoting PoundTrader
good night http://im-smiley.com/imgs/violent/violent036.gif

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  • #311,283
  • May 3, 2012 3:04pm May 3, 2012 3:04pm
Quoting A-speculator
that pair as i said few weeks ago is in wave 3, so as expected it will move more upwards than downwards..

anyway, seems like cable reluctant to go downwards and think we should move up earliest by tomorrow.

fiber print a very clear picture on the bullish view compared to cable, i think the lowest for cable will be today's low.

i dont know how but quarterly is pointing towards 1.65..will be interesting to see how this develops
  • #311,284
  • May 3, 2012 3:09pm May 3, 2012 3:09pm
Quoting nAVIN2007
i dont know how but quarterly is pointing towards 1.65..will be interesting to see how this develops
yeah perhaps that might be the case.. before 6500, we have to pass 6300 first.. no break no shaq eh..

alright mate, it's very late here..

see u later.
  • #311,285
  • May 3, 2012 3:09pm May 3, 2012 3:09pm
Quoting A-speculator
yeah perhaps that might be the case.. before 6500, we have to pass 6300 first.. no break no shaq eh..

alright mate, it's very late here..

see u later.

  • #311,286
  • May 3, 2012 3:15pm May 3, 2012 3:15pm
Quoting A-speculator
that pair as i said few weeks ago is in wave 3, so as expected it will move more upwards than downwards..

anyway, seems like cable reluctant to go downwards and think we should move up earliest by tomorrow.

fiber print a very clear picture on the bullish view compared to cable, i think the lowest for cable will be today's low.
i say were heading down by tomorrow, mabe you can push it up http://im-smiley.com/imgs/infomilies/infomilies010.gif
  • #311,287
  • May 3, 2012 3:20pm May 3, 2012 3:20pm
Quoting PoundTrader
i say were heading down by tomorrow, mabe you can push it up http://im-smiley.com/imgs/infomilies/infomilies010.gif
well, as long as the price trading above 6160, hard to justify bearish view imho..
  • #311,288
  • May 3, 2012 3:36pm May 3, 2012 3:36pm
Quoting A-speculator
well, as long as the price trading above 6160, hard to justify bearish view imho..
realy im lost, i just follow my PA system, so don't know what she gonna do, i just like to get my pips before friday, like i said i only made 32 pips so far this week, and im short at 1.6184 t/p set at 1.6096.
  • #311,289
  • May 3, 2012 3:41pm May 3, 2012 3:41pm
Quoting TauTrader
Thank you - big of you.

Appreciated.
Ok.. If this is what it takes, then here is a big hug to all this thread's regulars.. Now I have a whole bunch of amazing brothers!!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #311,290
  • May 3, 2012 3:46pm May 3, 2012 3:46pm
Quoting nAVIN2007
We could be here a while, weekly pennant thing might be happening
Attached Image (click to enlarge)
Click to Enlarge Name: trades4.gif Size: 15 KB
Come with me if you want to live....
  • #311,291
  • May 3, 2012 3:47pm May 3, 2012 3:47pm
Quoting A-speculator
that pair as i said few weeks ago is in wave 3, so as expected it will move more upwards than downwards..

anyway, seems like cable reluctant to go downwards and think we should move up earliest by tomorrow.

fiber print a very clear picture on the bullish view compared to cable, i think the lowest for cable will be today's low.
My eyes are telling me the same.. I hope that means that I am having an improved eye sight of these charts

It is still my opinion that there are amazing traders on this thread and that ppl not regularly reading through are missing on picking up from them!

Cheers to all
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #311,292
  • May 3, 2012 3:51pm May 3, 2012 3:51pm
Quoting Ill-b-back
We could be here a while, weekly pennant thing might be happening

yes u are starting to read the charts quite well..good forecasting
  • #311,293
  • May 3, 2012 3:54pm May 3, 2012 3:54pm
Quoting Faller
feels good to be back.....and I did not get any response as to why I was suspended....


Welcome back.. You see here comes back another one of those amazing traders.

Some would think "Whats wrong with this guys?! He is going around praising everyone. Did he get an extra shot of a strong drink tonight?!".

Honestly now, I mean every "character" (literally, in technical terms)
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #311,294
  • May 3, 2012 4:00pm May 3, 2012 4:00pm
Quoting nAVIN2007
yes u are starting to read the charts quite well..good forecasting
When my system is confused, got to go back to pen and paper, it's fun but hard to trust.
FALLERS BACK!!!!! My wife will be pleased, she was just starting to like him
Come with me if you want to live....
  • #311,295
  • May 3, 2012 4:28pm May 3, 2012 4:28pm
Quoting nAVIN2007
yes u are starting to read the charts quite well..good forecasting
Oh and sorry, thanks very much Nav, you are so generous with praise and support, it gets taken for granted sometimes, forgot to thanks you my friend
I'm on a role
Now watch her tank down today
Attached Image (click to enlarge)
Click to Enlarge Name: trades4.gif Size: 15 KB
Come with me if you want to live....
  • #311,296
  • May 3, 2012 4:45pm May 3, 2012 4:45pm
im not gonna risk to much of my 32 pips i made this week http://im-smiley.com/imgs/laughing/laughing004.gif im short at 1.6194, s/l 1.6239, t/p 1.6096
  • #311,297
  • May 3, 2012 4:54pm May 3, 2012 4:54pm
Quoting Bones
Hey thats me !! dont like it lol ,anythings poss lets see my orders can take that bullish daily candle
no problem..hold shorts myself..just in case QE3 comes back on table after NFP http://www.smileygarden.de/smilie/Rauchend/roker011.gif
  • #311,298
  • May 3, 2012 4:59pm May 3, 2012 4:59pm
Quoting torkay77
no problem..hold shorts myself..just in case QE3 comes back on table after NFP http://www.smileygarden.de/smilie/Rauchend/roker011.gif
Why buy USD if QE3?
Come with me if you want to live....
  • #311,299
  • May 3, 2012 5:11pm May 3, 2012 5:11pm
Quoting Ill-b-back
Why buy USD if QE3?
i refer to my screenshot which suggests that we just finished a corrective wave 4 and that a potential wave 5 could push GBP up to 1.63x...for that we would need a fundamental news trigger like bad NFP http://www.smileygarden.de/smilie/Tiere/90.gif

i am just sitting on old cable shorts http://www.smileygarden.de/smilie/Traurig/49.gif
  • #311,300
  • May 3, 2012 5:14pm May 3, 2012 5:14pm
Quoting torkay77
i refer to my screenshot which suggests that we just finished a corrective wave 4 and that a potential wave 5 could push GBP up to 1.63x...for that we would need a fundamental news trigger like bad NFP http://www.smileygarden.de/smilie/Tiere/90.gif

i am just sitting on old cable shorts http://www.smileygarden.de/smilie/Traurig/49.gif
Yes, I get that, and I think the same, so why hold
Shorts?
Come with me if you want to live....
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