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Cable Update (GBPUSD)

  • #313,721
  • May 18, 2012 2:58am May 18, 2012 2:58am
Quoting bguguen
Time for bears to take a rest... this fella going to 5820 before another leg down....
but then again 5750 is a major support though.... 6300-5750... Mid point if its going to retrace would lie around 5950 ish...
its time to rest weekend without open position
so i close all my position with some lose
i cant wait 5880 to close without lose
so i must choose
and i do it
closed
i know we eventually will be together
  • #313,722
  • May 18, 2012 2:59am May 18, 2012 2:59am
Wow... its a fucking warzone right now.... GBPUSD testing the 50% fib retracement level again.... but failing everytime we get close to it.... soo i suppose the Bulls won in that last hour candle... its been a hectic battle.... first half an hour 40 pip up then last half an hour it drops back down 25...
We live in a finite world with infinite possibilities.
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  • #313,723
  • May 18, 2012 3:04am May 18, 2012 3:04am
Gosh how i wish Bones is online... cuz i cant keep making good calls like this....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,724
  • May 18, 2012 3:04am May 18, 2012 3:04am
Quoting bguguen
Wow... its a fucking warzone right now.... GBPUSD testing the 50% fib retracement level again.... but failing everytime we get close to it.... soo i suppose the Bulls won in that last hour candle... its been a hectic battle.... first half an hour 40 pip up then last half an hour it drops back down 25...
let the bear take a rest to fight back
  • #313,725
  • May 18, 2012 3:05am May 18, 2012 3:05am
Quoting smart boy
its time to rest weekend without open position
so i close all my position with some lose
i cant wait 5880 to close without lose
so i must choose
and i do it
closed
it's ok mate.. there's always opportunity next time.. i'm too have no position atm, just PO..

having no position is better than having losing position plus we have fresh mind next week.
  • #313,726
  • May 18, 2012 3:07am May 18, 2012 3:07am
Quoting A-speculator
it's ok mate.. there's always opportunity next time.. i'm too have no position atm, just PO..

having no position is better than having losing position plus we have fresh mind next week.
thx mate
have gd time
i know we eventually will be together
  • #313,727
  • May 18, 2012 3:10am May 18, 2012 3:10am
A question for any Greek traders here, and it is a serious question aimed at giving credence to a lead that I have just read.

Can you check any Euro notes that you may have on you, and see if you still have serial numbers on the notes starting with Y (printed in Greece), and how many have X (German)?

Thanks in advance.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #313,728
  • May 18, 2012 3:11am May 18, 2012 3:11am
This was the 30min war i was talking about....
see how we broke through that 50% fib in first 30 min then second 30 min we have it coming down to test and failed... thats already a signal for a retracement...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm30.18052012.0909.gif Size: 10 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,729
  • May 18, 2012 3:15am May 18, 2012 3:15am
lol Bg my name is Tony nice to meet you

Quoting bguguen
Gosh how i wish Bones is online... cuz i cant keep making good calls like this....
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,730
  • May 18, 2012 3:15am May 18, 2012 3:15am
G/M,

3rd consecutive Daily t/f bearish thrust candle yesterday with some downside follow thru to 5731 today - Daily pic below shows where some demand has been encountered at today's current low.

@/below here:

[ 5745-31 prev 1hr sw lo zone incl 5742 = Daily S1 @/around

[ 5741-34-22 prev 4hr sw hi x 3 zone (non-immed)
5706-5697 (-93) prev minor 4hr sw lo zone incl 5705 = 85.4% 5769-6300, 5696=Weekly S4 @/around, and 5689 = Daily S2 @/around
5630-18 prev 4hr sw lo zone incl 5616 = Monthly S2 @/around
5615-01 prev Daily/4hr sw lo zone
5595 Daily S3 @/around
5502-5487 prev Daily sw hi zone (non immed) incl 5487=76.4% 5234-6300
5470-50 Weekly ascending t/line coming thru on present daily candle
5428 Monthly S3 @/around
5392 85.4% 5234-6300

1hr, 4hr and Daily remain in a general opa downtrend.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 95 KB
ex member
  • #313,731
  • May 18, 2012 3:17am May 18, 2012 3:17am
just an update, entered short on aussie at 9848.. that is based on 30 mins retest of low of previous doji.. lol.
  • #313,732
  • May 18, 2012 3:19am May 18, 2012 3:19am
Quoting Bones
lol Bg my name is Tony nice to meet you
hi tony i missed you... Sooo where do you see GBPUSD going now??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,733
  • May 18, 2012 3:19am May 18, 2012 3:19am
To the immediate upside - recovery hi is at the previous 1hr swing lo zone. Not shown on 1hr pic are the calculated pivots, Daily Pivot for eg is @/around 5837, or the fibs of the 4hr / Daily swings from 6300 to 6180 down to current 5731 low.

G/L
Attached Image
ex member
  • #313,734
  • May 18, 2012 3:20am May 18, 2012 3:20am
Still prefer sell on rallies
  • #313,735
  • May 18, 2012 3:21am May 18, 2012 3:21am



Quoting bbmac
G/M,

3rd consecutive Daily t/f bearish thrust candle yesterday with some downside follow thru to 5731 today - Daily pic below shows where some demand has been encountered at today's current low.

@/below here:

[ 5745-31 prev 1hr sw lo zone incl 5742 = Daily S1 @/around

[ 5741-34-22 prev 4hr sw hi x 3 zone (non-immed)
5706-5697 (-93) prev minor 4hr sw lo zone incl 5705 = 85.4% 5769-6300, 5696=Weekly S4 @/around, and 5689 = Daily S2 @/around
5630-18 prev 4hr sw lo zone incl 5616 = Monthly S2 @/around
5615-01 prev Daily/4hr sw...
Attached Image (click to enlarge)
Click to Enlarge Name: bb gbp.gif Size: 60 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,736
  • May 18, 2012 3:23am May 18, 2012 3:23am
Quoting Bones
i guess that means we will have some pullback huh...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,737
  • May 18, 2012 3:25am May 18, 2012 3:25am
I'm short $ stretched I admit also at crucial point since Ive never been good enough to know or observe

On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,738
  • May 18, 2012 3:27am May 18, 2012 3:27am
Quoting Bones
I'm short $ stretched I admit also at crucial point since Ive never been good enough to know or observe

since when are you short dollar??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #313,739
  • May 18, 2012 3:32am May 18, 2012 3:32am
Quoting A-speculator
just an update, entered short on aussie at 9848.. that is based on 30 mins retest of low of previous doji.. lol.
damn it aussie.. still get pass my entry..
  • #313,740
  • May 18, 2012 3:36am May 18, 2012 3:36am
Quoting A-speculator
damn it aussie.. still get pass my entry..
Gold Rebounding.... but be patient... im still eyeing 0.95 in gold... China is still going to slow down...
TRUST me... i know...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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