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Cable Update (GBPUSD)

  • #314,241
  • May 22, 2012 8:24am May 22, 2012 8:24am
Quoting A-speculator
careful mate.. don't take unnecessary until we broke the low of the daily hammer..
hi A-speculator
All are at b/e...
I am a hunter...i kill both bulls and bears...
  • #314,242
  • May 22, 2012 8:28am May 22, 2012 8:28am
Quoting oathbreaker
hi A-speculator
All are at b/e...
i think it will go down, but who know if there's will be spikes? shit happens sometime mate.. lol. and before breakout of the low, anything can happen.

anyway see you down below..
  • #314,243
  • May 22, 2012 8:47am May 22, 2012 8:47am
Quoting A-speculator
i think it will go down, but who know if there's will be spikes? shit happens sometime mate.. lol. and before breakout of the low, anything can happen.

anyway see you down below..
Thanks mate..i will watch out...

see you down below...
I am a hunter...i kill both bulls and bears...
  • #314,244
  • May 22, 2012 8:55am May 22, 2012 8:55am







#184







Patterns have an underlying mathematical structure.
  • #314,245
  • May 22, 2012 9:34am May 22, 2012 9:34am
could someone please explain to me what happened with GBPUSD?
looking on eco news for GBP the Public Sector Net Borrowing was way positive for that coutnry, yet it tanked??
  • #314,246
  • May 22, 2012 9:44am May 22, 2012 9:44am
Quoting don perry
could someone please explain to me what happened with GBPUSD?
looking on eco news for GBP the Public Sector Net Borrowing was way positive for that coutnry, yet it tanked??
judging by the aussie and the kiwi.. i don't see it's gonna tank soon mate..
  • #314,247
  • May 22, 2012 9:52am May 22, 2012 9:52am
Quoting A-speculator
judging by the aussie and the kiwi.. i don't see it's gonna tank soon mate..
Maybe i shouldn't say "tank" But GBPUSD did fall 45 pips at the time of that release. idk :-??
  • #314,248
  • May 22, 2012 9:54am May 22, 2012 9:54am
Quoting don perry
Maybe i shouldn't say "tank" But GBPUSD did fall 45 pips at the time of that release. idk :-??
because that area is the resistance.. that's happen when the price reach resistance. maybe tomorrow we will see it tank..
  • #314,249
  • May 22, 2012 10:01am May 22, 2012 10:01am
Quoting don perry
Maybe i shouldn't say "tank" But GBPUSD did fall 45 pips at the time of that release. idk :-??
Mate you got to look beyond the data.... the UK economy is Shrinking as suggested by a negative GDP growth...
and teh UK government's Net Sector Borrowing drop means they are spending less in the economy in stuff like job creation, public healthcare etc etc.... medical workers in NHS either gets sacked or reduced pay....
unemployment rate will go up...

ITS good new for the UK government to lower their budget deficit enough to demand less PSNCR (public sector net cash requirement) but thats bad news for the country as a whole....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #314,250
  • May 22, 2012 10:26am May 22, 2012 10:26am
lol....cable is so very funny these days.. i closed my laptop some hours ago to go see a friend when price was at 5765. i was expecting to see it below 5700 when i come back but i opened my laptop to see 5811.... lol.... still bear biased anyway
  • #314,251
  • May 22, 2012 10:27am May 22, 2012 10:27am
Quoting michiyo
lol....cable is so very funny these days.. i closed my laptop some hours ago to go see a friend when price was at 5765. i was expecting to see it below 5700 when i come back but i opened my laptop to see 5811.... lol.... still bear biased anyway
it's joking biased

Oh, it is not bearish nor bullish biased, is bullshit biased ahah
  • #314,252
  • May 22, 2012 10:49am May 22, 2012 10:49am
i've just taken my profits now, the end
  • #314,253
  • May 22, 2012 10:51am May 22, 2012 10:51am
Now what? Bounce back up and through 1.5840, or keep going down???

Standing aside for rest of the PM, as Mr. Market seems uncertain as to what to do next....
  • #314,254
  • May 22, 2012 10:52am May 22, 2012 10:52am
Quoting 16Nov16
Now what? Bounce back up and through 1.5840, or keep going down???

Standing aside for rest of the PM, as Mr. Market seems uncertain as to what to do next....
yes a break down can happen, however even after touch the low of last week it may go again to the top of the range, too much up and down, better stand aside
  • #314,255
  • May 22, 2012 11:06am May 22, 2012 11:06am
Quoting tunera
it's joking biased

Oh, it is not bearish nor bullish biased, is bullshit biased ahah
lol
  • #314,256
  • May 22, 2012 11:14am May 22, 2012 11:14am
Quoting tunera
it's joking biased

Oh, it is not bearish nor bullish biased, is bullshit biased ahah


thanx man....
  • #314,257
  • May 22, 2012 12:26pm May 22, 2012 12:26pm
by the way i'm entered short again at the touch of today low (filled my sell-order and rejected 1 second later, lol).
Actually that touch may had some sense, the upside has been rejected just at the ex bullish trendline (image), then down again at the support, for now it hold, but overall a breakout is a possible scenario.
Let's see..
Attached Image (click to enlarge)
Click to Enlarge Name: possible.gif Size: 23 KB
  • #314,258
  • May 22, 2012 12:44pm May 22, 2012 12:44pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Nice US pullback to the 61.8 retrace. You can see my chart shows the 127 extension falls on the S2 mid-pivot. Anyone think I should close this thing down @ S2? IF we get to Support 2 that is....
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.gif Size: 31 KB
  • #314,259
  • May 22, 2012 12:46pm May 22, 2012 12:46pm
Quoting eggs
Nice US pullback to the 61.8 retrace. You can see my chart shows the 127 extension falls on the S2 mid-pivot. Anyone think I should close this thing down @ S2?
I think if it break well we may see 1.5700 (nice round number), that's my target also
  • #314,260
  • May 22, 2012 12:47pm May 22, 2012 12:47pm
1.57
Attached Image (click to enlarge)
Click to Enlarge Name: target.gif Size: 23 KB
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