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Cable Update (GBPUSD)

  • #312,861
  • May 13, 2012 10:32pm May 13, 2012 10:32pm
Quoting Ill-b-back
No need to be scared bro,
Just exit and all your fear will be eliminated.
  • #312,862
  • May 13, 2012 10:38pm May 13, 2012 10:38pm
Quoting Snarkalarker
Just exit and all your fear will be eliminated.
Very true, but I have to be in to get out.
Come with me if you want to live....
  • #312,863
  • May 13, 2012 10:38pm May 13, 2012 10:38pm
Quoting UbuFamily
The above chart posted last 3 may, below are the current daily.

Attachment

Will it be that easy?
It was well predicted on daily chart. Retested 6053 support twice. Either retracing major uptrend or dropping more downwards to 6012. Weekly past cables close seems bearish.

But one thing clear for me is the UCAD pair coming back to its movement/mini consolidation in between the 1.000 which is retesting the Dollar's strength. Again. This week's fundamental seems more towards the USD but that doesn't mean cable going further down. It could be down it could be up. Manipulation are expected. Again.

I'm a scalper so I best read PA in microeconomic point of view. Long term traders see both micro and macro. But one thing for sure, don't rely much on indis, especially fib. Look at weekly chart of UCAD. 1.0000 is no ordinary line. It has been tested since early january this year. Last week big drop on UCAD coming from CAD employment, not from US. Daily UCAD showing huge 'V' pattern retesting 1.0000.

Second month-end of Q2 (MAY) are not to be taken for granted.

UBU
I trade to live
  • #312,864
  • May 13, 2012 10:38pm May 13, 2012 10:38pm
Quoting Ill-b-back
No need to be scared bro,




I don't trust any move - when you have profit...take it.
  • #312,865
  • May 13, 2012 10:52pm May 13, 2012 10:52pm
Quoting Faller




I had a German Shepherd puppy take a small chunk out of my calf when at a clients house in Feb. what's she going to be like when she grows up? That's scary bro
Come with me if you want to live....
  • #312,866
  • May 13, 2012 10:53pm May 13, 2012 10:53pm
Quoting Ill-b-back
I had a German Shepherd puppy take a small chunk out of my calf when at a clients house in Feb. what's she going to be like when she grows up? That's scary bro

was she good lookin?

and I don't mean the dog.....
I don't trust any move - when you have profit...take it.
  • #312,867
  • May 13, 2012 10:59pm May 13, 2012 10:59pm
would like to see a move to 1.6044 but we may need to bounce a bit before that move...if we bounce could see 1.6080 but if beyond thhat extension then 1.6099 may break then to the down side possible 1.6037.....we are in a tough spot here....tough trading tough price action....been tough for some weeks now.......
I don't trust any move - when you have profit...take it.
  • #312,868
  • May 13, 2012 11:03pm May 13, 2012 11:03pm
Quoting Faller
was she good lookin?

and I don't mean the dog.....
I never met the client, I was fixing her meter when the dog attacked.
Come with me if you want to live....
  • #312,869
  • May 13, 2012 11:07pm May 13, 2012 11:07pm
Quoting Ill-b-back
I never met the client, I was fixing her meter when the dog attacked.
So her back was turned to you?
  • #312,870
  • May 13, 2012 11:10pm May 13, 2012 11:10pm
Quoting Snarkalarker
So her back was turned to you?
No, she wasn't home.
Come with me if you want to live....
  • #312,871
  • May 13, 2012 11:18pm May 13, 2012 11:18pm
Quoting Ill-b-back
No, she wasn't home.

that's what you told your wife...
I don't trust any move - when you have profit...take it.
  • #312,872
  • May 13, 2012 11:26pm May 13, 2012 11:26pm
Quoting Ill-b-back
No, she wasn't home.
Ignore my last post. Now that I have re-read it was not near as humorous as I initially thought.
  • #312,873
  • May 13, 2012 11:37pm May 13, 2012 11:37pm
Quoting Faller
that's what you told your wife...
It's also what she told her husband
Come with me if you want to live....
  • #312,874
  • May 13, 2012 11:57pm May 13, 2012 11:57pm
where did this guy go?

http://www.forexfactory.com/allseeingeye
I don't trust any move - when you have profit...take it.
  • #312,875
  • May 14, 2012 1:00am May 14, 2012 1:00am
Quoting Faller
where did this guy go?

http://www.forexfactory.com/allseeingeye
U can see his last activity on this FF...38 hours ago..

How are you kevin?
I trade to live
  • #312,876
  • May 14, 2012 1:03am May 14, 2012 1:03am
Quoting UbuFamily
U can see his last activity on this FF...38 hours ago..

How are you kevin?



I am here and doing what I do......would be nice to have a cleaner forum to talk about what we do.......find that there are still a lot of distractions here.....did you figure anything out about what we talked about a couple of weeks ago?

Faller.
I don't trust any move - when you have profit...take it.
  • #312,877
  • May 14, 2012 1:03am May 14, 2012 1:03am
98 % really I think Sundays a good day to sleep ,how about Mondays ? :-)

Quoting sdcasper
some nice candle patterns indicating north direction including fib line. i'm still short as it seems obvious that the long is the play. with that said i'm 98% wrong on sundays.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #312,878
  • May 14, 2012 1:03am May 14, 2012 1:03am
Quoting UbuFamily
U can see his last activity on this FF...38 hours ago..

How are you kevin?

r u long or short or sidelines?
I don't trust any move - when you have profit...take it.
  • #312,879
  • May 14, 2012 1:05am May 14, 2012 1:05am
Quoting Bones
98 % really I think Sundays a good day to sleep ,how about Mondays ? :-)

I wish I was a teenager again.....and was able to sleep my life away.....and then get up and party........and do it all again!!!!

Faller.
I don't trust any move - when you have profit...take it.
  • #312,880
  • May 14, 2012 1:11am May 14, 2012 1:11am
Quoting Faller
I wish I was a teenager again.....and was able to sleep my life away.....and then get up and party........and do it all again!!!!

Faller.
Doing it all again is the hard part.
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