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Cable Update (GBPUSD)

  • #312,241
  • May 9, 2012 4:54am May 9, 2012 4:54am
Quoting Makavelli7
These are indeed very dangerous times. Pls traders be careful
I most admire your doubt .... me too... indeed this is not a correct time to go for a short on the cable...
  • #312,242
  • May 9, 2012 4:55am May 9, 2012 4:55am
Incorrect please study more on candles


Quoting bbmac
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...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #312,243
  • May 9, 2012 4:57am May 9, 2012 4:57am
Quoting Bones
D1 talking to you yet !!

welldone bro!!!..
Attached Image
  • #312,244
  • May 9, 2012 5:00am May 9, 2012 5:00am
no fibs on daily below but you can see the breeched descending monthly trend line and the previous daily swing lo zone at the current daily lo.

Can the bears test deeper ?

G/L
Attached Image (click to enlarge)
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ex member
  • #312,245
  • May 9, 2012 5:07am May 9, 2012 5:07am
Quoting nAVIN2007
welldone bro!!!..
NaV, long time mate, jump onto FF every now and than nowdays mate.

1.6045 looks like a nice destination .
Attached Image (click to enlarge)
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #312,246
  • May 9, 2012 5:14am May 9, 2012 5:14am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
BB, Seen you after a while mate, welcome back.


Quoting Bull_Bear
NaV, long time mate, jump onto FF every now and than nowdays mate.

1.6045 looks like a nice destination .
  • #312,247
  • May 9, 2012 5:14am May 9, 2012 5:14am
breath GU. lol
The market will deceive you. Make your own judgement.
  • #312,248
  • May 9, 2012 5:14am May 9, 2012 5:14am
Quoting bbmac
no fibs on daily below but you can see the breeched descending monthly trend line and the previous daily swing lo zone at the current daily lo.

Can the bears test deeper ?

G/L
it can but not now.... now I sense a false breakout, coz cable still having a small portion before this breakout... if the cable r going to counter this breakout.. its going to be easy... just my 10 cent..
  • #312,249
  • May 9, 2012 5:18am May 9, 2012 5:18am
hmmm. . . let see if the wave is almost finished on the 4hr
The market will deceive you. Make your own judgement.
  • #312,250
  • May 9, 2012 5:21am May 9, 2012 5:21am
Quoting Bull_Bear
NaV, long time mate, jump onto FF every now and than nowdays mate.

1.6045 looks like a nice destination .



yo BB..u BACK!!
MAN I THOUGHT THE YOGA WOMEN KIDNAP U..


we were looking to send da search party..how are u? where the hell u been?
Attached Image (click to enlarge)
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  • #312,251
  • May 9, 2012 5:37am May 9, 2012 5:37am
GBP/USD ...lowest at 1.6098, any chance to go down to 1.6025 within the next 12 hours ?
  • #312,252
  • May 9, 2012 5:40am May 9, 2012 5:40am
No without doubt

Quoting Johnny Depp
it can but not now.... now I sense a false breakout, coz cable still having a small portion before this breakout... if the cable r going to counter this breakout.. its going to be easy... just my 10 cent..
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #312,253
  • May 9, 2012 5:41am May 9, 2012 5:41am
observing how price will react on this pair
Attached Image (click to enlarge)
Click to Enlarge Name: 4hr gbpusd.gif Size: 19 KB
The market will deceive you. Make your own judgement.
  • #312,254
  • May 9, 2012 5:49am May 9, 2012 5:49am
Here is the 8H chart for gu.

Target 1.6 .. mention this since last week.. As i said last week, those who are long..i wish you good luck.
Attached Image (click to enlarge)
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Trade what you see. Write what you feel
  • #312,255
  • May 9, 2012 5:51am May 9, 2012 5:51am
I am currently watching this area of fib/support/TL confluence to see if something happens there
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #312,256
  • May 9, 2012 5:56am May 9, 2012 5:56am
Something doesnt smell right here
The only way not to think about money is to have a great deal of it
  • #312,257
  • May 9, 2012 5:56am May 9, 2012 5:56am
Bullish D1 candle taken Nav out of place yes we must go lower ,market will twist and turn Nav really high prob ,dosent get better !


Quoting nAVIN2007
welldone bro!!!..
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #312,258
  • May 9, 2012 6:00am May 9, 2012 6:00am
140 breached - rejected
100 breached - rejected
Lets play ping pong again shall we?
swing it!
  • #312,259
  • May 9, 2012 6:19am May 9, 2012 6:19am
Quoting tomspin
140 breached - rejected
100 breached - rejected
Lets play ping pong again shall we?
Do we have an another option?
  • #312,260
  • May 9, 2012 6:22am May 9, 2012 6:22am
Brerak Break !


Quoting Bones
I dont think so gap there but not now eu going to be busy for a couple days ,not a good place to short btw ,look for break If it happens !!!

Cable same bullish candle D1 where are the stops?
Attached Image (click to enlarge)
Click to Enlarge Name: eu h4 h4 9-5-12.gif Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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