Cable Update (GBPUSD)

Yep EU is more safe , gb pound index keep coming up ...it's not good for fallers .

what does the comment mean?

I mean sellers lol

oh cable with all the whipsaws.. funny to see how easy trading the aussie and kiwi.. much much less whipsaws and pretty straight forward..

current trend still was up due to big upward on GBPX , unfortunately since the USDX , EURX also EU trend line are supporting for downwards plus with current down momentum on small time frames , GU have high chance to break out the low at 6113 .. London session sound interesting

Bouncing off H1 TL to try 6160?

http://img37.imageshack.us/img37/3235/cable1s.jpg

I think long, futures UP

Waiting for her at 1.606 to see reaction for buy

can you explain further? what futures are up?

when you say think long - what is it that makes you think that?

Thanks,

Faller

Good Morning friends :-)

Can anyone please tell me why is it that lots of people here come and post crap about I think long or I think short without anything to back up of their comments - and when someone else asks them to please elaborate on their reasons for their comments of going long or short the poster just disappears.......if you can't back up your comment......why post it in the first place?

Faller.

Have U Fastened Your Belts...!?

Have a nice flight

what does that mean?

Up

Up

Up

another post without reason

just one more person to put on ignore list.

Can anyone share information about GBP ? EURO and AUSI had already sunk for these past days. why does Cable refuse to fall ?

G/M,

A bearish bodied daily candle yesterday but with a long lower wick - looking like a hammer-esq candle ? This t/f remains in a general opa uptrend and yesterday's candle made the Monday Low at 6113 a fractal swing HL on this t/f.

4hr/hr remian mixed-bearish at the moment in respect of overall price action (oppa) - fractal swing -peak/valley analysis.

To the downside of current price:

6130 ascending 4hr trend line on present 4hr candle
6128-23 prev minor 4hr sw lo/prev 1hr sw hi/lo
6120 Daily S1
[ 6117-13 prev 4hr/1hr sw lo zone
[ 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 sw lo zone incl 6090 = Weekly S1 @/around, and 6084 = Daily S2 @/around
6080-75 prev 4hr/1hr sw lo zone
6071-49 prev 4hr sw hi zone
6058-48 3 fib cluster
[ 6055-24 prev minor weekly/Daily sw hi zone (non immed) incl 6046 = Daily S3 @/around, and 6035 = Weekly S2 @/around
[ 6045-41-36 prev 4hr/ 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
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
[ 5970-60 ascending Daily and 4hr t/line son present 4hr candle
5952 50% 5601-6300
5932/31 76.4% 5817-6300 / 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 Weekly sw lo zone to 5803)
5796-88-5769 prev Daily/4hr sw lo zone incl 5769 = 76.4% 5601-6300 and 50% 5234-6300

To the immediate upside per near-term current 1hr screenshot below where DP = 6159 area and WP and Daily R1 = 6195 area.


G/L

Strange I admit. I am long 6143 due to strong 15 min consolidation and rejection of 6120 area again. 20 pip stop.

Some 1 way traffic for a change would be nice