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Cable Update (GBPUSD)

  • #313,801
  • May 18, 2012 6:35am May 18, 2012 6:35am
For now by the way, today gbpusd looks like a good copy of nasdaq, so the situation for bears can get bad.. be careful
  • #313,802
  • May 18, 2012 6:36am May 18, 2012 6:36am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting tunera
Theorically it can be possible, as some foreigner funds may like to buy the facebook shares (in usd).
But i also read somewhere that a possible effect would be the one of indices to go up on the ipo, and usd to go down (negatively correlated).
Who knows!

Hmmm... Interesting. I'll be the first to say I have no F ing idea.
  • #313,803
  • May 18, 2012 6:38am May 18, 2012 6:38am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting tunera
For now by the way, today gbpusd looks like a good copy of nasdaq, so the situation for bears can get bad.. be careful

Huhh ohhh! Somebody might want to warn Bones.

Maybe you should cover your Cable shorts with Facebook shares Bones
  • #313,804
  • May 18, 2012 6:38am May 18, 2012 6:38am
But looking the nasdaq daily chart, technically a visit to 2446 level would make sense, this can happen if the facebook ipo would be not good at all (the facebook shares loose value just soon after the ipo), sometime ipos are very good, but sometime also are bad.
  • #313,805
  • May 18, 2012 6:47am May 18, 2012 6:47am
there is resistance @.58100 is that mean if day closed above 8.200 price might go to .5925

see and tell me ur experience
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1.gif Size: 31 KB
  • #313,806
  • May 18, 2012 6:55am May 18, 2012 6:55am
Its time to wait ,maybe another hour really
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,807
  • May 18, 2012 6:56am May 18, 2012 6:56am
Quoting Bones
Reject !
Steak sandwitch matching hi, or matching low.

I prefer the 1
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #313,808
  • May 18, 2012 6:57am May 18, 2012 6:57am
Cheers I just use my eye costs nothing ,scapling is not for me

Regards


Quoting janakinamdar
Basically I am scalper,"Provide me the MT4 platform I want, I promise u to pump money from it for YOU"( I teach the technique.)OK
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,809
  • May 18, 2012 6:57am May 18, 2012 6:57am
Are you watching H1 ??


Quoting Bones
Reject !
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,810
  • May 18, 2012 6:59am May 18, 2012 6:59am
Also I will add

2.6483 /1.6924 =1.5648



Quoting Bones
right mines at 1.5620 odd also 61,8% retrace of up move at 1.5642

On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,811
  • May 18, 2012 7:00am May 18, 2012 7:00am
as long as H1 doesn't break up ,and daily stays neg
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,812
  • May 18, 2012 7:06am May 18, 2012 7:06am
Ideally next candle is not a bullish one or I think again
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h1 no idea.png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,813
  • May 18, 2012 7:11am May 18, 2012 7:11am
It might be useful for gbpusd keepers...

Best Regards,
Troias.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.gif Size: 29 KB
  • #313,814
  • May 18, 2012 7:27am May 18, 2012 7:27am
another strong correction from gu..

hope it touch the nice price so i can go short again.
  • #313,815
  • May 18, 2012 7:58am May 18, 2012 7:58am
So.. today is buy-only day?
wow
  • #313,816
  • May 18, 2012 8:00am May 18, 2012 8:00am
Quoting tunera
So.. today is buy-only day?
wow
i dont think so
  • #313,817
  • May 18, 2012 8:00am May 18, 2012 8:00am
Quoting jajano
i dont think so
Yes me too the trend is theorically down but looks like today people have forget about the sell button, wtf
  • #313,818
  • May 18, 2012 8:03am May 18, 2012 8:03am
Quoting tunera
Yes me too the trend is theorically down but looks like today people have forget about the sell button, wtf

isnt it good for seller
  • #313,819
  • May 18, 2012 8:06am May 18, 2012 8:06am
Quoting tunera
Yes me too the trend is theorically down but looks like today people have forget about the sell button, wtf
move up might coming to an end, since aussie reached 9880 price level (completed retracement)..
  • #313,820
  • May 18, 2012 8:25am May 18, 2012 8:25am
...."coming to an end"
You mean it's going to go down today ? almost touched but hasnt broken pivot line, Bones - graphs - 5 days down on cable.
You think its going to go down - (then possibly 1.56) , before retracement.

I know its difficult question.
It was good point mentioned earlier re facebook, that ipo may not be as successful as anticipated.
VB
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