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Cable Update (GBPUSD)

  • #313,881
  • May 18, 2012 2:27pm May 18, 2012 2:27pm
50pips on eu

what the ..
  • #313,882
  • May 18, 2012 2:36pm May 18, 2012 2:36pm
well, that's the first indication of bullish move i think next week..

or

somebody accidentally push the wrong button?
  • #313,883
  • May 18, 2012 2:50pm May 18, 2012 2:50pm
LoL ... we are going next days to bullish movements .. it's time to be ready to get some pips
  • #313,884
  • May 18, 2012 2:59pm May 18, 2012 2:59pm
Quoting Ranke Ali
LoL ... we are going next days to bullish movements .. it's time to be ready to get some pips
i think fiber and swissy are the only pairs that moved quite a lot at this time.. for cable, might need to see where Monday gonna closed for confirmation. If candle formation for today is a hammer, perhaps i might think of an entry at about the mid of 5700 price level.. let's see how the magnitude of price progress on Monday..
  • #313,885
  • May 18, 2012 3:07pm May 18, 2012 3:07pm
ok let us see what will Monday come with
  • #313,886
  • May 18, 2012 3:38pm May 18, 2012 3:38pm
Quoting Bones
on gbp generally hey im in profit at mo ,lol

£660

nice work!!

this is why i reckon we are in consolidation..nothing form but i have a hunch..the base is why i give some support (excuse the pun) hehe

have a great weekend pal
Attached Image (click to enlarge)
Click to Enlarge Name: cable10.jpg Size: 88 KB
  • #313,887
  • May 18, 2012 4:48pm May 18, 2012 4:48pm
Quoting PoundTrader
just woke up and find myself down a few pips, t/p almost got hit
Crikey PT my chart price hit 5732 EXACTLY with no spare change, I thought you must have been controlling this market
Come with me if you want to live....
  • #313,888
  • May 18, 2012 4:50pm May 18, 2012 4:50pm
Quoting nAVIN2007
nice work!!

this is why i reckon we are in consolidation..nothing form but i have a hunch..the base is why i give some support (excuse the pun) hehe

have a great weekend pal
I like it nAV, I like it a lot
Come with me if you want to live....
  • #313,889
  • May 18, 2012 6:09pm May 18, 2012 6:09pm
Nav I think daily will break to downside


Quoting nAVIN2007
nice work!!

this is why i reckon we are in consolidation..nothing form but i have a hunch..the base is why i give some support (excuse the pun) hehe

have a great weekend pal
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,890
  • May 18, 2012 6:15pm May 18, 2012 6:15pm
Quoting Bones
Nav I think daily will break to downside
man can you please look your charts and tell me what you think about gold? i am long since 1585

its first time i trade gold and i see that moves are huge on this pair.
You can make lot of money here
or lose (:
Attached Image (click to enlarge)
Click to Enlarge Name: fgold.jpg Size: 207 KB
There shall be no QE3
  • #313,891
  • May 18, 2012 7:43pm May 18, 2012 7:43pm
If we break back into that old yellow 4 hr channel, it's on...
I'm going tom put a bigger picture analysis into my journal later when I have time and welcome any comments, ideas etc.
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade66gif.gif Size: 13 KB
Come with me if you want to live....
  • #313,892
  • May 18, 2012 7:48pm May 18, 2012 7:48pm
Quoting Ill-b-back
If we break back into that old yellow 4 hr channel, it's on...
I'm going tom put a bigger picture analysis into my journal later when I have time and welcome any comments, ideas etc.
Why would you hold on to those buy orders? 200pips dd?
  • #313,893
  • May 18, 2012 8:16pm May 18, 2012 8:16pm
Quoting pkimnyc
Why would you hold on to those buy orders? 200pips dd?
It's a few reasons really, a little complicated. I'm hedged with 3 buy and sell orders so I'm down 60 pips in total. I actually believe we are making new highs and I see this as a retracement on a quarterly chart. That weekly TL we have all been referencing lately, has just become a monthly channel within a quarterly uptrend. Whether it will stay that way who knows but I will put more depth analysis in my journal later today or tomorrow. Things are not making much sense on my system lately which is extremely unusual so I am referencing higher timeframes.
Come with me if you want to live....
  • #313,894
  • May 19, 2012 3:18am May 19, 2012 3:18am
Hi Hello (ha ha ) ,gold I am bearish





Quoting Helloguys
man can you please look your charts and tell me what you think about gold? i am long since 1585

its first time i trade gold and i see that moves are huge on this pair.
You can make lot of money here
or lose (:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold monthly 18-5-12.gif Size: 19 KB
Click to Enlarge Name: gold w1 19-5-12.gif Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,895
  • May 19, 2012 3:46am May 19, 2012 3:46am
Quoting Bones
Hi Hello (ha ha ) ,gold I am bearish
i think eventually it might break down, that is the third time it reached that price since last year i think.. normally price will reacts that way, and what unreal is most of the instrument also at about major s&r level..
  • #313,896
  • May 19, 2012 4:07am May 19, 2012 4:07am
no A not eventually
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,897
  • May 19, 2012 4:08am May 19, 2012 4:08am
Quoting Ill-b-back
Crikey PT my chart price hit 5732 EXACTLY with no spare change, I thought you must have been controlling this market
  • #313,898
  • May 19, 2012 4:11am May 19, 2012 4:11am
Quoting Bones
no A not eventually
with reaction like that i don't think it will break in near future mate.. maybe back retest 1700++ area first then see from there..
  • #313,899
  • May 19, 2012 4:11am May 19, 2012 4:11am
Candle w1 is profit taking not buying ,


Quoting Bones
no A not eventually
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #313,900
  • May 19, 2012 4:12am May 19, 2012 4:12am
Really No No


Quoting A-speculator
with reaction like that i don't think it will break in near future mate.. maybe back retest 1700++ area first then see from there..
On-site guru & also FF member's' psychiatrist, when not drinking tea
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