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Cable Update (GBPUSD)

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  • Post #314,701
  • Quote
  • May 25, 2012 6:54am May 25, 2012 6:54am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,857 Posts
Quoting _BBKing_
Disliked
will wait this h1 to close and see.
still strong pressure down
Ignored

i like the fact that the trendline is tested and made now.means further touches will result in break..price is moving toward it all the time..

which i think for me is slightly positive
bullish harami..on previous 4 hr is adding pressure
 
 
  • Post #314,702
  • Quote
  • May 25, 2012 6:57am May 25, 2012 6:57am
  •  PoundTrader
  • Joined Sep 2010 | Status: Life Time Member | 6,685 Posts
2.000 here we come
 
 
  • Post #314,703
  • Quote
  • May 25, 2012 6:57am May 25, 2012 6:57am
  •  white_tiger
  • | Joined Aug 2006 | Status: Member | 85 Posts
i think price is bouncing between 5680 and 5650, whichever broke first will set the next movement..

http://i49.tinypic.com/5b1mcx.jpg
 
 
  • Post #314,704
  • Quote
  • May 25, 2012 7:04am May 25, 2012 7:04am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting PoundTrader
Disliked
2.000 here we come
Ignored
3.000!!
Yesterday was the past
 
 
  • Post #314,705
  • Quote
  • May 25, 2012 7:05am May 25, 2012 7:05am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting nAVIN2007
Disliked
i like the fact that the trendline is tested and made now.means further touches will result in break..price is moving toward it all the time..

which i think for me is slightly positive
bullish harami..on previous 4 hr is adding pressure
Ignored
yes at least candle now closed out of 1st downward line.
still a weak sign but i hold my position since still small (sl is 0.5% lol)
Yesterday was the past
 
 
  • Post #314,706
  • Quote
  • May 25, 2012 7:06am May 25, 2012 7:06am
  •  aarash
  • | Joined Sep 2009 | Status: Member | 498 Posts
Quoting Bones
Disliked
meet you guys at bottom
Ignored
Are You sure??
Attached Image (click to enlarge)
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Size: 19 KB
 
 
  • Post #314,707
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  • May 25, 2012 7:09am May 25, 2012 7:09am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,857 Posts
Quoting _BBKing_
Disliked
yes at least candle now closed out of 1st downward line.
still a weak sign but i hold my position since still small (sl is 0.5% lol)
Ignored
this is no small area infact
confluence u simply cannot ignore

tony becareful bro
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  • Post #314,708
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  • May 25, 2012 7:15am May 25, 2012 7:15am
  •  Faller
  • Joined Aug 2010 | Status: Member | 3,185 Posts
Quoting nAVIN2007
Disliked
this is no small area infact
confluence u simply cannot ignore

tony becareful bro
Ignored

I don't trust any move - when you have profit...take it.
 
 
  • Post #314,709
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  • May 25, 2012 7:20am May 25, 2012 7:20am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,857 Posts
Quoting Faller
Disliked
Ignored

3 things there:-
1)61/.8 retrace..
2)trendline test

3) support

4hr trendline i reckon has gone..is it enough?

bloody hope so..have a good one people..am off to work
 
 
  • Post #314,710
  • Quote
  • May 25, 2012 7:28am May 25, 2012 7:28am
  •  at2au
  • | Joined Oct 2008 | Status: Member | 185 Posts
Can someone of the ff experts explain this very nasty bullish volatile action of the GBPUSD???????????
What is driving the Sterling?????
Maybe facebook??????
 
 
  • Post #314,711
  • Quote
  • May 25, 2012 7:38am May 25, 2012 7:38am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting at2au
Disliked
Can someone of the ff experts explain this very nasty bullish volatile action of the GBPUSD???????????
What is driving the Sterling?????
Maybe facebook??????
Ignored
i overloaded market with 1trillion USD in long GBP.
but shhhh don't tell anybody

jokes a part i really don't know, maybe something like "if no down... up!"
then when will be "if no up...down!" market will get lower
Yesterday was the past
 
 
  • Post #314,712
  • Quote
  • May 25, 2012 7:40am May 25, 2012 7:40am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting nAVIN2007
Disliked
this is no small area infact
confluence u simply cannot ignore

tony becareful bro
Ignored
yes not certaily a small area!
last time here, price found demand to go for 1.60.
now things are different but at least a relax in downtrend is highly possible.

strong rejection now again @5700 (20pips straight)

let's see
Yesterday was the past
 
 
  • Post #314,713
  • Quote
  • May 25, 2012 7:43am May 25, 2012 7:43am
  •  Faller
  • Joined Aug 2010 | Status: Member | 3,185 Posts
Position Closed -

Posting chart showing entry and exit - 30 pip move.

Have a great weekend everyone.....enjoy the extra day off from the screens on Monday!

Cheers,

Faller.
Attached Image (click to enlarge)
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Size: 139 KB
I don't trust any move - when you have profit...take it.
 
 
  • Post #314,714
  • Quote
  • May 25, 2012 7:49am May 25, 2012 7:49am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,911 Posts
im sorry slightly out


Quoting Bones
Disliked
meet you guys at bottom
Ignored
Attached Image (click to enlarge)
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Name: gbp usd h4.gif
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#doyourownanalysisordietryin
 
 
  • Post #314,715
  • Quote
  • May 25, 2012 7:49am May 25, 2012 7:49am
  •  at2au
  • | Joined Oct 2008 | Status: Member | 185 Posts
Quoting _BBKing_
Disliked
i overloaded market with 1trillion USD in long GBP.
but shhhh don't tell anybody

jokes a part i really don't know, maybe something like "if no down... up!"
then when will be "if no up...down!" market will get lower
Ignored
Ay Bambino.........I knew that it has to do with Italy.You should become PM instead of Monti lol
Nice to see you again amigo
 
 
  • Post #314,716
  • Quote
  • May 25, 2012 7:54am May 25, 2012 7:54am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting at2au
Disliked
Ay Bambino.........I knew that it has to do with Italy.You should become PM instead of Monti lol
Nice to see you again amigo
Ignored
everybody would be better than 'Monti' or any other italian's politican.
will think about it... next elections will be in 1 year or so
Yesterday was the past
 
 
  • Post #314,717
  • Quote
  • May 25, 2012 7:55am May 25, 2012 7:55am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
ok i move stop @be and wait.
Yesterday was the past
 
 
  • Post #314,718
  • Quote
  • May 25, 2012 7:57am May 25, 2012 7:57am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting Faller
Disliked
Position Closed -

Posting chart showing entry and exit - 30 pip move.

Have a great weekend everyone.....enjoy the extra day off from the screens on Monday!

Cheers,

Faller.
Ignored
well done!
i'm still holding since small one. if was heavy i would have certainly closed most part near 5690.

have a good week end
Yesterday was the past
 
 
  • Post #314,719
  • Quote
  • May 25, 2012 7:58am May 25, 2012 7:58am
  •  oathbreaker
  • | Joined Jan 2012 | Status: Member | 264 Posts
Long pin bar(downward direction) formed in 1-hour chart..take a look guys...

Bearish....just keep your eyes open for next 4-hours there might be a big move.
I am a hunter...i kill both bulls and bears...
 
 
  • Post #314,720
  • Quote
  • May 25, 2012 8:04am May 25, 2012 8:04am
  •  Ill-b-back
  • Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Tell me its real bones pleeeaaassseee...
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Size: 17 KB
Come with me if you want to live....
 
 
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