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Cable Update (GBPUSD)

  • #314,621
  • May 24, 2012 1:42pm May 24, 2012 1:42pm
Quoting Bones
So I think I have good set up ,I feel very stongly usd is going up ,above swing highs then ultra bullish

all I do is draw lines in line with that ,I feel comfortable with sells going under wish I cashed them but too late ,to start messing
May I ask what is the significance of your "Red Box" shown on your chart? I scrolled back a few pages and didn't see any explanation. Thanks.
  • #314,622
  • May 24, 2012 1:50pm May 24, 2012 1:50pm
closed all position. been nice riding the bear train. time to get some sleep.
thanks everyone.
good luck.
  • #314,623
  • May 24, 2012 1:54pm May 24, 2012 1:54pm
mmm should I say ,I dont know



Quoting Bones
So I think I have good set up ,I feel very stongly usd is going up ,above swing highs then ultra bullish

all I do is draw lines in line with that ,I feel comfortable with sells going under wish I cashed them but too late ,to start messing
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,624
  • May 24, 2012 1:55pm May 24, 2012 1:55pm
lol like your sig

Quoting tobinare
May I ask what is the significance of your "Red Box" shown on your chart? I scrolled back a few pages and didn't see any explanation. Thanks.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,625
  • May 24, 2012 1:56pm May 24, 2012 1:56pm
seller in that red box I know before we arrived ,I havnt mentioned why



Quoting Bones
mmm should I say ,I dont know
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,626
  • May 24, 2012 4:29pm May 24, 2012 4:29pm
Just wanted to share.
My baby girl wants to fly..
Attached Image
Come with me if you want to live....
  • #314,627
  • May 24, 2012 4:50pm May 24, 2012 4:50pm
Quoting Ill-b-back
Just wanted to share.
My baby girl wants to fly..
Nice one dude
Show Me Your Pips!!!
  • #314,628
  • May 24, 2012 7:07pm May 24, 2012 7:07pm
why price not going to 5600?
what is waiting for?

something cooking IMO.
not a setup long but also a short 5650-60 is scary for my trading style.

me better stay out and wait london: better a missed move than a loss.

good luck
90% of traders use TA, indicators and prediction
  • #314,629
  • May 24, 2012 7:19pm May 24, 2012 7:19pm
Quoting _BBKing_
why price not going to 5600?
what is waiting for?

something cooking IMO.
not a setup long but also a short 5650-60 is scary for my trading style.

me better stay out and wait london: better a missed move than a loss.

good luck
Hey BB, I think today was all about retesting resistance at 5730 area. It seems to me it has been rejected and likely to finish the week hitting 56 area. What it does after that who knows. I have some charts in my journal as I am learning from bones. Maybe right, maybe wrong but it seems to line up.
Come with me if you want to live....
  • #314,630
  • May 24, 2012 7:25pm May 24, 2012 7:25pm
There's also quite a bit of cluster candle support on the daily in this area to the left of the chart, this maybe why things are slow.
Come with me if you want to live....
  • #314,631
  • May 24, 2012 9:14pm May 24, 2012 9:14pm
Morning all,yesterday movement seems like low liquidity.are we bounce up back today?
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patient is my attitude, rushing is a dog
  • #314,632
  • May 24, 2012 9:17pm May 24, 2012 9:17pm
Quoting joop
Morning all,yesterday movement seems like low liquidity.are we bounce up back today?
May be today will go down to 1.55xx ?
  • #314,633
  • May 24, 2012 10:06pm May 24, 2012 10:06pm
Quoting Zhu
May be today will go down to 1.55xx ?
can be.at this moment, better leave asian season end.too slow
patient is my attitude, rushing is a dog
  • #314,634
  • May 24, 2012 10:18pm May 24, 2012 10:18pm
Quoting Zhu
May be today will go down to 1.55xx ?
hopefully.. daily hasn't got any reversal pattern yet atm. breakout of 5600 will be a freefall imho.
  • #314,635
  • May 24, 2012 10:26pm May 24, 2012 10:26pm
Hey Guys

i think even UK session will be slow....
I am waiting for US session....If there is any news..

Anyway we will see...what happens?

Keeping my fingers crossed and my postions open...

If today is another down day i will make money...money...
I am a hunter...i kill both bulls and bears...
  • #314,636
  • May 24, 2012 10:45pm May 24, 2012 10:45pm
Quoting oathbreaker
Hey Guys

i think even UK session will be slow....
I am waiting for US session....If there is any news..

Anyway we will see...what happens?

Keeping my fingers crossed and my postions open...

If today is another down day i will make money...money...
ahahaha.. 5600 have to go first, then the only noise we will hear is ka-ching!
  • #314,637
  • May 24, 2012 10:57pm May 24, 2012 10:57pm
Quoting A-speculator
ahahaha.. 5600 have to go first, then the only noise we will hear is ka-ching!
judging by aussie daily and weekly formation, i think we still has more room to the downside on cable & fiber and aussie as i see it has quite a strong support at about 9400 level, ~300pips more to go..

might not be a day move/straight line..
  • #314,638
  • May 24, 2012 11:05pm May 24, 2012 11:05pm
Hey A-speculator

Let the big boys play there game and we will follow them.
I think 1.52 will be breached with in one month.Let us be patient
I am a hunter...i kill both bulls and bears...
  • #314,639
  • May 24, 2012 11:21pm May 24, 2012 11:21pm
Quoting oathbreaker
Hey A-speculator

Let the big boys play there game and we will follow them.
I think 1.52 will be breached with in one month.Let us be patient
way too bearish. don't forget it gave a 80 pip move from nowhere before falling. this pair is a bit crazy. so be careful. in my opinion it has to give a bear market rally sometime now to starts its downmove again.
  • #314,640
  • May 24, 2012 11:29pm May 24, 2012 11:29pm
Quoting Nachiket
way too bearish. don't forget it gave a 80 pip move from nowhere before falling. this pair is a bit crazy. so be careful. in my opinion it has to give a bear market rally sometime now to starts its downmove again.
I will not change my bias until there is change in weekly trend...This week it is down so my bias is down for next week too...

It is my bias.My 10 legs on GBP/USD are still making money...I want to add some more legs...lol
I am a hunter...i kill both bulls and bears...
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