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Cable Update (GBPUSD)

  • #311,841
  • May 7, 2012 9:07am May 7, 2012 9:07am
Looking for next pa gu , eu still proceed , broken primary 3015 & next for 3093 while gu in advance , broken limit up 6159 & next break around 6175 to bo towards 6266 sr with further confirmation up 6194 breaks & hold & so . fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #311,842
  • May 7, 2012 9:08am May 7, 2012 9:08am
where GBP is going back to 1.62 or what ?
  • #311,843
  • May 7, 2012 9:11am May 7, 2012 9:11am
Quoting Aini
Hi to everybody! I'm a newee here, but not in the market and wuold like to join your conversations. So as far as I see, presidential in France provoked a large gap in eur and a small one in cable. This gap in cable was closed and the gbpusd has tested the downchannels' resistance at 6170 apprxtly (1H TF). Right now it is moving from the res down to supp. I think today we may break the 61's and go further IMHO.
Welcome...

I wish you all success in your trading.

Regards
  • #311,844
  • May 7, 2012 9:19am May 7, 2012 9:19am
Quoting TauTrader
Welcome...

I wish you all success in your trading.

Regards
THX, I wish here could be a special click to thx like in other FX forums! Hope I can be usefull for the main purpose we are all here - PROFIT! Wish U all, thx again. For the moment bearish 2ce!
  • #311,845
  • May 7, 2012 9:25am May 7, 2012 9:25am
Quoting Aini
Hi to everybody! I'm a newee here, but not in the market and wuold like to join your conversations. So as far as I see, presidential in France provoked a large gap in eur and a small one in cable. This gap in cable was closed and the gbpusd has tested the downchannels' resistance at 6170 apprxtly (1H TF). Right now it is moving from the res down to supp. I think today we may break the 61's and go further IMHO.
Welcome here...

My Intro is same as u..

Safe trading
  • #311,846
  • May 7, 2012 9:32am May 7, 2012 9:32am
Quoting dailydollars
Welcome here...

My Intro is same as u..

Safe trading
Welcome...

All success in your trading.

Regards
  • #311,847
  • May 7, 2012 9:36am May 7, 2012 9:36am
Good day to you,

Thursday close @ 1.61749 current resistance. Above, the 50% line of the month range @ 1.61793. Below, Thursday low @ 1.61579 as support.

Regards
  • #311,848
  • May 7, 2012 9:44am May 7, 2012 9:44am
Quoting Faller
I really do not agree with A-speculator although I have never voiced it - regarding his comparrison and pair correlation etc.....just my opinion. Not trying to start a fight here....if it works for him great! Just don't really see what he sees....and that is what makes us all different!

As for dragging me in here....you can't.....I am off to bed again - my biasis is short.....I am not going to try and fight this up move.....will assess later when I get up - but I have no need to trade anymore today.....one trade earlier and now I watch.

Take...
Ahhhh...no comment indeed.

Sleep well
I trade to live
  • #311,849
  • May 7, 2012 9:45am May 7, 2012 9:45am
http://www.pic4ever.com/images/5yjbztv.gif
  • #311,850
  • May 7, 2012 9:47am May 7, 2012 9:47am
Quoting Red Alert
About 95% fails you said, i heard similiar thing as i posted here, this is hard bussiness, few will be choosen to be a winner..... so let's talk about how to be included in 5% remaining.....Trade safe mate...good luck....To be honest i am still in mentioned 95%, but i am still here for trade....try to improve trade by trade, day by day.....

Nice one. Always be humble.


Cheers
I trade to live
  • #311,851
  • May 7, 2012 9:50am May 7, 2012 9:50am
Quoting PoundTrader
http://www.pic4ever.com/images/5yjbztv.gif

Ahhhh PT's here...RUN!
I trade to live
  • #311,852
  • May 7, 2012 9:53am May 7, 2012 9:53am
Quoting UbuFamily
Ahhhh PT's here...RUN!
http://www.easyfreesmileys.com/smile...mileys-268.gif
  • #311,853
  • May 7, 2012 9:54am May 7, 2012 9:54am
.
Attached Image (click to enlarge)
Click to Enlarge Name: cable11.jpg Size: 96 KB
Attached Images
  • #311,854
  • May 7, 2012 10:06am May 7, 2012 10:06am
Quoting nAVIN2007
.
navin my man http://www.pic4ever.com/images/2cf37ep.gif
  • #311,855
  • May 7, 2012 10:07am May 7, 2012 10:07am
pocketed 66 pips...nice...
  • #311,856
  • May 7, 2012 10:11am May 7, 2012 10:11am
GU at confluence level of important trendline + R/source of drop + fib + ADR liquidity reached.
Was hoping for a rounding top but yet to see any signs of weakness.. If this level gets broken with currently low momentum there are some fresh longs loaded by big ones and we might fly up further these days.. Opened a small short however, level too big to fade without a smallish scalp rejection.

http://img841.imageshack.us/img841/1359/13659264.gif
  • #311,857
  • May 7, 2012 10:13am May 7, 2012 10:13am
Check retest 1.6180?
  • #311,858
  • May 7, 2012 10:16am May 7, 2012 10:16am
Quoting cfxx
I am long from 1.6157
Now +37 pips
  • #311,859
  • May 7, 2012 10:16am May 7, 2012 10:16am
Quoting PoundTrader
navin my man http://www.pic4ever.com/images/2cf37ep.gif
yo..
Attached Image (click to enlarge)
Click to Enlarge Name: cable11.jpg Size: 123 KB
Attached Image
  • #311,860
  • May 7, 2012 10:18am May 7, 2012 10:18am
Hello everyone - well as I said earlier I was not going to fight this move up....so I went to bed....feel refreshed and ready for the week. I had one trade from Sunday night that was closed in profit. If your opinion is different then what the market is doing you can either follow the market or wait until the market is in tune with the direction you feel that it should be moving. For me I chose to sit it out today - lots of news to be digested. This will also be a big week for Cable come the news on Thursday.

Hope everyone had a good day - I am off to do some running around.

Will check back later -

Faller.
I don't trust any move - when you have profit...take it.
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