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Cable Update (GBPUSD)

  • #311,641
  • May 4, 2012 1:34pm May 4, 2012 1:34pm
Quoting PoundTrader
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
close the other half, im done for the week.
  • #311,642
  • May 4, 2012 1:35pm May 4, 2012 1:35pm
Quoting A-speculator
put in another words, you got bigger balls than me.. ahahaha.

i have position the same price as you but i wouldn't dare to add to my position unless price can trade sustainably above 1.31..

anyway, wish the best to both of us..
Good day to you,

Yip - just trading the signal. You are a lot more conservative. good for you.

Will see if profit can be made

Regards to you.

Going now - otherwise I miss the bullseye.

All success
  • #311,643
  • May 4, 2012 1:50pm May 4, 2012 1:50pm
Quoting TauTrader
Good day to you,

Yip - just trading the signal. You are a lot more conservative. good for you.

Will see if profit can be made

Regards to you.

Going now - otherwise I miss the bullseye.

All success
yeah, seems like the kiwi has reached 161 fibo and might retrace back up, we might stand a chance if the support hold. the 161 fibo is at 7945.

and the swissy is at the weekly resistance, if the resistance hold fiber might turn back up.
  • #311,644
  • May 4, 2012 1:54pm May 4, 2012 1:54pm
the first confirmation on the bullish view on cable is the price can trade sustainably above 6200, below that price, long positions should be considered as picking bottom. imho.
  • #311,645
  • May 4, 2012 2:29pm May 4, 2012 2:29pm
Quite a thrilling GU week, 150 pips in 1 direction
Come with me if you want to live....
  • #311,646
  • May 4, 2012 2:48pm May 4, 2012 2:48pm
Quoting Ill-b-back
Quite a thrilling GU week, 150 pips in 1 direction
its been bloody boring..not sure why u think its been thriling

would have been more fun painting a door

man i hope it move more next week this is ridiculous
  • #311,647
  • May 4, 2012 2:50pm May 4, 2012 2:50pm
Quoting nAVIN2007
its been bloody boring..not sure why u think its been thriling

would have been more fun painting a door

man i hope it move more next week this is ridiculous
you right no thrill here
  • #311,648
  • May 4, 2012 2:56pm May 4, 2012 2:56pm
Quoting PoundTrader
you right no thrill here
.
Attached Images
  • #311,649
  • May 4, 2012 2:57pm May 4, 2012 2:57pm
Quoting nAVIN2007
its been bloody boring..not sure why u think its been thriling

would have been more fun painting a door

man i hope it move more next week this is ridiculous
A (mission impossible), (me finks) , 1 laugh for each of you and 1 for me.
Come with me if you want to live....
  • #311,650
  • May 4, 2012 3:01pm May 4, 2012 3:01pm
Not too much to say for the pound. We can see the retailers after being so short the cable are deciding to go long as the price falls. Will wait and see what their next move is and do exactly the opposite of what they choose.
Attached Image (click to enlarge)
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  • #311,651
  • May 4, 2012 3:25pm May 4, 2012 3:25pm
where did you get this data? i find it interesting.
  • #311,652
  • May 4, 2012 3:41pm May 4, 2012 3:41pm
Quoting sdcasper
where did you get this data? i find it interesting.
Its available over at Oanda in their historical orders. I like Oanda as their customer base is mostly the retail traders. It great for many pairs if you learn to use it. The kiwi is a prime example as retailers went long price plunged.
  • #311,653
  • May 4, 2012 4:06pm May 4, 2012 4:06pm
Quoting nAVIN2007
its been bloody boring..not sure why u think its been thriling

would have been more fun painting a door

man i hope it move more next week this is ridiculous


http://img.picshare.at/1336165513_Sc...May.-04-22.jpg
  • #311,654
  • May 4, 2012 4:09pm May 4, 2012 4:09pm
Quoting torkay77


http://img.picshare.at/1336165513_Sc...May.-04-22.jpg
now we are going for 100.000

it is Sunny May again!
There shall be no QE3
  • #311,655
  • May 4, 2012 4:18pm May 4, 2012 4:18pm
Quoting nAVIN2007
its been bloody boring..not sure why u think its been thriling

would have been more fun painting a door

man i hope it move more next week this is ridiculous
If my lines are correct and we are in a weekly pennant, next week could be crap as well. We are above the daily wedge and support (kind of) and below my descending TL, so it is snafu. We are quite over extended but if we stay in this region long enough, we could build a base to extend further, maybe to 6330ish in shorter term.
Come with me if you want to live....
  • #311,656
  • May 4, 2012 4:56pm May 4, 2012 4:56pm
Honestly you wont see that price for weeks

Quoting Ill-b-back
If my lines are correct and we are in a weekly pennant, next week could be crap as well. We are above the daily wedge and support (kind of) and below my descending TL, so it is snafu. We are quite over extended but if we stay in this region long enough, we could build a base to extend further, maybe to 6330ish in shorter term.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,657
  • May 4, 2012 4:58pm May 4, 2012 4:58pm
Looks mighty bearish ,if you look what this week has done ,just heads up
Attached Image (click to enlarge)
Click to Enlarge Name: ej 4-5.gif Size: 15 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,658
  • May 4, 2012 5:00pm May 4, 2012 5:00pm
possibly months ,

Quoting Bones
Honestly you wont see that price for weeks
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,659
  • May 4, 2012 5:22pm May 4, 2012 5:22pm
Wonder how much time is needed before the British import/export balance is way out of wack.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #311,660
  • Edited 5:38pm May 4, 2012 5:24pm | Edited 5:38pm
Quoting KillerWhale
Wonder how much time is needed before the British import/export balance is way out of wack.
I can imagine that they buy all their heavy machinery and such now in Germany and France since the GBP is so over valued
New voice message: Why are you calling me? If I need you, I'll call you!
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