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Cable Update (GBPUSD)

  • #314,681
  • May 25, 2012 5:16am May 25, 2012 5:16am
i reckon this area will hold target 1.5830 area
  • #314,682
  • May 25, 2012 5:18am May 25, 2012 5:18am
Quoting _BBKing_
will help myself also using this small m5 chart with vwap
if one interested, i showed in the contest what is vwap
http://www.dukascopy.com/fxcomm/fx-a...Trading&id=809
90% of traders use TA, indicators and prediction
  • #314,683
  • May 25, 2012 5:22am May 25, 2012 5:22am
Quoting nAVIN2007
i reckon this area will hold target 1.5830 area
from here, if we go up i see first problems 5720-50.
5830 is good but IMO that 5880 still un-tested can be a good area to target.
but must be careful, still strong pressure down and those levels looks so far now.
let's see
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Hourly_snapshot.jpg Size: 82 KB
90% of traders use TA, indicators and prediction
  • #314,684
  • May 25, 2012 5:24am May 25, 2012 5:24am
Quoting nAVIN2007
nice to see u allen
Cheers Navin good to see you hear too mate, its Andy though but close I guess I was gone too long lol
  • #314,685
  • May 25, 2012 5:31am May 25, 2012 5:31am
Quoting PipLand
Cheers Navin good to see you hear too mate, its Andy though but close I guess I was gone too long lol
oops
and u right again..gone to long!!
  • #314,686
  • May 25, 2012 5:33am May 25, 2012 5:33am
no wick candle on m15... reverse or continuation???
  • #314,687
  • May 25, 2012 5:35am May 25, 2012 5:35am
meet you guys at bottom
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,688
  • May 25, 2012 5:36am May 25, 2012 5:36am
no not 15 min you can not trade candle here honestly

H4 if your good


Quoting giaspyr
no wick candle on m15... reverse or continuation???
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #314,689
  • May 25, 2012 5:37am May 25, 2012 5:37am
Quoting Bones
meet you guys at bottom
where do you expect to see price 'bottoming' ?
90% of traders use TA, indicators and prediction
  • #314,690
  • May 25, 2012 5:37am May 25, 2012 5:37am
It could be a tough move up with 200sma and 4hr TL there.
By for the night, all the best for the weekend.
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Come with me if you want to live....
  • #314,691
  • May 25, 2012 5:39am May 25, 2012 5:39am
Quoting _BBKing_
from here, if we go up i see first problems 5720-50.
5830 is good but IMO that 5880 still un-tested can be a good area to target.
but must be careful, still strong pressure down and those levels looks so far now.
let's see

Great posts today BBking -

Good trading to everyone today.......also remember it is a holiday on Monday.......

Cheers,

Faller.
I don't trust any move - when you have profit...take it.
  • #314,692
  • May 25, 2012 5:39am May 25, 2012 5:39am
Quoting giaspyr
no wick candle on m15... reverse or continuation???
since some months price closes candles no wicks in a lot of timeframes, just to reverse or continuation at the 00:01 second of new candle. i don't look anymore at candles shapes. tricky.
90% of traders use TA, indicators and prediction
  • #314,693
  • May 25, 2012 5:41am May 25, 2012 5:41am
steepest 4hr descending trend line, 50sma - 1hr and previous 1hr minor swing hi zone at the current hi - upside break or more supply ?

G/L
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ex member
  • #314,694
  • May 25, 2012 5:41am May 25, 2012 5:41am
Quoting Faller
Great posts today BBking -

Good trading to everyone today.......also remember it is a holiday on Monday.......

Cheers,

Faller.
tks

good day to you
90% of traders use TA, indicators and prediction
  • #314,695
  • May 25, 2012 5:41am May 25, 2012 5:41am
A longer term view but if the lower trend line breaks, its a long way down.
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  • #314,696
  • May 25, 2012 5:44am May 25, 2012 5:44am
.
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  • #314,697
  • May 25, 2012 5:45am May 25, 2012 5:45am
Quoting bbmac
steepest 4hr descending trend line, 50sma - 1hr and previous 1hr minor swing hi zone at the current hi - upside break or more supply ?

G/L
if i have 1000 lots to short GU i would not certainly load here!
here i would probably unload some of higher entries and wait action to breake 5600 and 5580.

unless i know 'something' and begin to over-load now ahead of NY morning.
90% of traders use TA, indicators and prediction
  • #314,698
  • May 25, 2012 5:46am May 25, 2012 5:46am
Quoting PipLand
A longer term view but if the lower trend line breaks, its a long way down.
true!
maybe european things will tell reasons
90% of traders use TA, indicators and prediction
  • #314,699
  • May 25, 2012 5:51am May 25, 2012 5:51am
will wait this h1 to close and see.
still strong pressure down
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90% of traders use TA, indicators and prediction
  • #314,700
  • May 25, 2012 5:52am May 25, 2012 5:52am
I think GU still has a bearish potential. what do you think guys ?
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