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Cable Update (GBPUSD)

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  • Post #314,081
  • Quote
  • May 21, 2012 8:09am May 21, 2012 8:09am
  •  tunera
  • | Commercial Member | Joined Sep 2005 | 2,784 Posts
the cable chart look horribly bearish (just the first retrace of the downmove of previous week), if you take a look at usd chart, it is pointing again to the highest highs (him too just getting out from the first real retrace of such uptrend).
I think the move can be good and fast, especially after asian and london session of accumulation. Let's see what NY bring us
 
 
  • Post #314,082
  • Quote
  • May 21, 2012 8:10am May 21, 2012 8:10am
  •  Ranke Ali
  • | Joined Feb 2012 | Status: Who care's? | 51 Posts
Quoting Ill-b-back
Disliked
Heading short 5802
Ignored
 
 
  • Post #314,083
  • Quote
  • May 21, 2012 8:16am May 21, 2012 8:16am
  •  michiyo
  • | Joined Oct 2008 | Status: michiyo | 145 Posts
can this candle break this range trading? i just wish so....
 
 
  • Post #314,084
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  • May 21, 2012 8:16am May 21, 2012 8:16am
  •  Trader4567
  • | Joined Aug 2010 | Status: Member | 62 Posts
short targeting 5749/44 zone
 
 
  • Post #314,085
  • Quote
  • May 21, 2012 8:18am May 21, 2012 8:18am
  •  FXConveyor
  • | Joined Jul 2011 | Status: Member | 273 Posts
Quoting Trader4567
Disliked
short targeting 5749/44 zone
Ignored
This is fake? Below 577 will tell us
 
 
  • Post #314,086
  • Quote
  • May 21, 2012 8:23am May 21, 2012 8:23am
  •  jajano
  • | Joined Feb 2009 | Status: Super Trader | 447 Posts
bear's time
 
 
  • Post #314,087
  • Quote
  • May 21, 2012 8:26am May 21, 2012 8:26am
  •  white_tiger
  • | Joined Aug 2006 | Status: Member | 85 Posts
imo, need to break 1.5780 before continue go down & eurusd must break 1.2750 to support GU
 
 
  • Post #314,088
  • Quote
  • Edited 8:38am May 21, 2012 8:27am | Edited 8:38am
  •  giaspyr
  • | Joined May 2010 | Status: Member | 201 Posts
wait till it clearly brakes 1.5780
hopefully.. as I've been short at 1.5833
1.5781 is 200 day sma support so it might be a bit tough to brake it... we'll see
 
 
  • Post #314,089
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  • May 21, 2012 9:02am May 21, 2012 9:02am
  •  Ill-b-back
  • Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Quoting giaspyr
Disliked
wait till it clearly brakes 1.5780
hopefully.. as I've been short at 1.5833
1.5781 is 200 day sma support so it might be a bit tough to brake it... we'll see
Ignored
My 200 day SMA was broken last week?? We closed below the daily and weekly 200SMA on Friday according to my chart.
Come with me if you want to live....
 
 
  • Post #314,090
  • Quote
  • May 21, 2012 9:03am May 21, 2012 9:03am
  •  tunera
  • | Commercial Member | Joined Sep 2005 | 2,784 Posts
this weak eurgbp is not helping...
 
 
  • Post #314,091
  • Quote
  • May 21, 2012 9:04am May 21, 2012 9:04am
  •  white_tiger
  • | Joined Aug 2006 | Status: Member | 85 Posts
au & eu already break low, strange gbpusd movement
 
 
  • Post #314,092
  • Quote
  • May 21, 2012 9:11am May 21, 2012 9:11am
  •  giaspyr
  • | Joined May 2010 | Status: Member | 201 Posts
it's not me it's Dukascopy analysis take a look.
Attached File(s)
File Type: pdf TA.pdf   1.7 MB | 248 downloads
 
 
  • Post #314,093
  • Quote
  • May 21, 2012 9:14am May 21, 2012 9:14am
  •  oathbreaker
  • | Joined Jan 2012 | Status: Member | 264 Posts
Quoting Ill-b-back
Disliked
My 200 day SMA was broken last week?? We closed below the daily and weekly 200SMA on Friday according to my chart.
Ignored
price broke 200ema last friday...

I am already short from today morning...leg survived and now i am +10 pips..

nice ride...this shows how strong down trend is...anyway i keep shorting until i find any clue in daily candle..

All the best...keep pippin...
I am a hunter...i kill both bulls and bears...
 
 
  • Post #314,094
  • Quote
  • May 21, 2012 9:14am May 21, 2012 9:14am
  •  giaspyr
  • | Joined May 2010 | Status: Member | 201 Posts
Quoting Ill-b-back
Disliked
My 200 day SMA was broken last week?? We closed below the daily and weekly 200SMA on Friday according to my chart.
Ignored
it's not me it's Dukascopy's analysis take alook.
Attached File(s)
File Type: pdf TA.pdf   1.7 MB | 175 downloads
 
 
  • Post #314,095
  • Quote
  • May 21, 2012 9:15am May 21, 2012 9:15am
  •  tunera
  • | Commercial Member | Joined Sep 2005 | 2,784 Posts
Quoting giaspyr
Disliked
it's not me it's Dukascopy's analysis take alook.
Ignored
somebody say is dangerous to trade other people opinions, isn't it?
 
 
  • Post #314,096
  • Quote
  • May 21, 2012 9:18am May 21, 2012 9:18am
  •  giaspyr
  • | Joined May 2010 | Status: Member | 201 Posts
Quoting tunera
Disliked
somebody say is dangerous to trade other people opinions, isn't it?
Ignored
at mine chart too it is not broken yet, unless you mean its broken by candlstick???
 
 
  • Post #314,097
  • Quote
  • May 21, 2012 9:19am May 21, 2012 9:19am
  •  tunera
  • | Commercial Member | Joined Sep 2005 | 2,784 Posts
Quoting giaspyr
Disliked
at mine chart too it is not broken yet, unless you mean its broken by candlstick???
Ignored
nah i was telling about the dukascopy forecast/outlook and various trading ranges for gbpusd, i don't really use moving averages sorry
 
 
  • Post #314,098
  • Quote
  • May 21, 2012 9:23am May 21, 2012 9:23am
  •  Ill-b-back
  • Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Quoting giaspyr
Disliked
at mine chart too it is not broken yet, unless you mean its broken by candlstick???
Ignored
What else would it be broken by??
Come with me if you want to live....
 
 
  • Post #314,099
  • Quote
  • May 21, 2012 9:23am May 21, 2012 9:23am
  •  Fx.med
  • | Commercial Member | Joined Sep 2010 | 97 Posts
Long 1.5780
All the best
 
 
  • Post #314,100
  • Quote
  • May 21, 2012 9:24am May 21, 2012 9:24am
  •  tunera
  • | Commercial Member | Joined Sep 2005 | 2,784 Posts
suspace... comeon break that low
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