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Cable Update (GBPUSD)

  • #313,841
  • May 18, 2012 10:06am May 18, 2012 10:06am
Quoting A-speculator
as long as below 5900 should be ok.. the concern is price closed weekly above 5900, i don't think it can move that far considering the time of the day..
why do i find myself thinking like you
  • #313,842
  • May 18, 2012 10:10am May 18, 2012 10:10am
Quoting A-speculator
i don't think cable is pointing up mate.. 5820-5835 resistance has to be broken first imho.
Good day to you,

No Sh*t - Cable is pointing down. I get that.

Just trading bits and pieces to attempt to limit losses this week. Have to make it clear though - not revenge trading.

Be safe bro

Regards
  • #313,843
  • May 18, 2012 10:14am May 18, 2012 10:14am
Quoting TauTrader
Good day to you,

No Sh*t - Cable is pointing down. I get that.

Just trading bits and pieces to attempt to limit losses this week. Have to make it clear though - not revenge trading.

Be safe bro

Regards
i know you'll be ok.. just a reminder in case you miss something.. atm i'm more interested trading aussie (has better formation of candles with 9880 as resistance) and hopefully i can get in on cable at 5820, the 1h low of the shooting star..
  • #313,844
  • May 18, 2012 10:17am May 18, 2012 10:17am
Quoting A-speculator
i know you'll be ok.. just a reminder in case you miss something.. atm i'm more interested trading aussie (has better formation of candles with 9880 as resistance) and hopefully i can get in on cable at 5820, the 1h low of the shooting star..
Good day to you,

I hope I will. Thank you for the wishes. Positive Karma and all...

All success to you, Bro

Regards
  • #313,845
  • May 18, 2012 10:32am May 18, 2012 10:32am
Quoting TauTrader
Good day to you,

I hope I will. Thank you for the wishes. Positive Karma and all...

All success to you, Bro

Regards
thanks bro.

my mistake, the entry adjusted to 5815, 5820 is actually my fibo line, not the low of the candle.. lol. no wonder it didn't get hit after the closed of the 1h candle.. damn it..
  • #313,846
  • May 18, 2012 10:33am May 18, 2012 10:33am
the nasdaq is going to selloff soon.. mmm

(facebook welcome to the stock market!)
  • #313,847
  • May 18, 2012 10:42am May 18, 2012 10:42am
itchy , wanna click sell
  • #313,848
  • May 18, 2012 10:48am May 18, 2012 10:48am
Quoting jajano
itchy , wanna click sell
this will go up just a touch again and then slide next week
  • #313,849
  • May 18, 2012 10:48am May 18, 2012 10:48am
Quoting FXConveyor
this will go up just a touch again and then slide next week
to me looks like it will make new lows very soon, may the trend win again? we'll know soon
  • #313,850
  • May 18, 2012 10:50am May 18, 2012 10:50am
Quoting FXConveyor
this will go up just a touch again and then slide next week
yeah, hopefully.. misplaced my entry earlier on..
  • #313,851
  • May 18, 2012 10:51am May 18, 2012 10:51am
Quoting tunera
to me looks like it will make new lows very soon, may the trend win again? we'll know soon
new low at time like this? if daily closed like current candle, i will cancel my PO..
  • #313,852
  • May 18, 2012 10:52am May 18, 2012 10:52am
Quoting A-speculator
new low at time like this? if daily closed like current candle, i will cancel my PO..
this is forex, everything is possible. trade safely
  • #313,853
  • May 18, 2012 10:54am May 18, 2012 10:54am
Quoting tunera
this is forex, everything is possible. trade safely
you're right, anything possible.. aussie might be making new lows but i'm not sure about cable.. quite far to reach the low and quite late already..
  • #313,854
  • May 18, 2012 10:58am May 18, 2012 10:58am
Quoting A-speculator
new low at time like this? if daily closed like current candle, i will cancel my PO..

and ur PO is sell?? or buy??
  • #313,855
  • May 18, 2012 11:00am May 18, 2012 11:00am
its time to short or not gbp/usd.where it will close today bullish or bearish
  • #313,856
  • May 18, 2012 11:03am May 18, 2012 11:03am
Quoting Ranke Ali
and ur PO is sell?? or buy??
of course a sell..
  • #313,857
  • May 18, 2012 11:06am May 18, 2012 11:06am
Quoting aditya502
its time to short or not gbp/usd.where it will close today bullish or bearish
Ideally it is time to stay aside as this is friday and time is finishing, but i would keep in mind that the trend is still down.
  • #313,858
  • May 18, 2012 11:10am May 18, 2012 11:10am
Does anybody have any idea why Stg is taking a beating against EUR?

It hardly moves for months and now there is loads of activity!! In fact, EUR forging ahead against Stg. Have the markets decicded that no matter how bad the Eur is, the UK is even worse!!
  • #313,859
  • May 18, 2012 11:12am May 18, 2012 11:12am
Quoting tunera
Ideally it is time to stay aside as this is friday and time is finishing, but i would keep in mind that the trend is still down.
will it continue down trend at the end today
  • #313,860
  • May 18, 2012 11:15am May 18, 2012 11:15am
Quoting A-speculator
of course a sell..

as I c here this line turn to strong Support maybe day candle will close today at this shape
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