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Cable Update (GBPUSD)

  • #315,001
  • May 29, 2012 4:11am May 29, 2012 4:11am
Quoting Bones
also BB ,High prob set up ,ill show you later right or wrong
yes i noticed it
let's see what happens.. actually still rejection near WP area. yesterday price went till 5650. today can go lower or stop few pips below here and keep ranging again again and again. till NFP. uhm.. i hope not.
time will tell
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  • #315,002
  • May 29, 2012 4:19am May 29, 2012 4:19am
now I expect it before ,sure gap up this week ,that got me not shocked ,that would b bad ,

in the end of day ,I need to be shook out is how I see ,market is doing its thing
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h21 sellers.gif Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,003
  • May 29, 2012 4:20am May 29, 2012 4:20am
actually in weekly i see that IF breakes above the Pivot area 5710-20 there is a good probability to see price near 5800 (previous open/close)

let's see, if get another attempt near pivot i will open short in hedge
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Weekly_snapshot.jpg Size: 60 KB
90% of traders use TA, indicators and prediction
  • #315,004
  • May 29, 2012 4:26am May 29, 2012 4:26am
Quoting Bones
now I expect it before ,sure gap up this week ,that got me not shocked ,that would b bad ,

in the end of day ,I need to be shook out is how I see ,market is doing its thing
yes i agree but must not forget that when was in uptrend, price did similar setup in 1.5720.
i call it "building support"

now things are VERY different in trends, but pattern is very similar!!
if breakes above and use it as support, can go more up.
low to be broken is 5600-5630 where will be good use as short entry if things are lined up once eventually broken.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Hourly_snapshot.jpg Size: 77 KB
90% of traders use TA, indicators and prediction
  • #315,005
  • May 29, 2012 4:40am May 29, 2012 4:40am
Quoting PoundTrader
it wont surprise me if it goes up. good luck to all
look like she's setting up a trap
  • #315,006
  • May 29, 2012 4:41am May 29, 2012 4:41am
But high time frames is where im at

Without doubt there with me



Quoting Bones
now I expect it before ,sure gap up this week ,that got me not shocked ,that would b bad ,

in the end of day ,I need to be shook out is how I see ,market is doing its thing
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,007
  • May 29, 2012 4:42am May 29, 2012 4:42am
Quoting Bones
If I am wrong I am close ,next time im better good luck my friends
Cool .... it's same like V. Bednarik. she said that "'I win, I lose, it's my job... And I love it!'"
it sounds cool, isn't it ?
  • #315,008
  • May 29, 2012 4:43am May 29, 2012 4:43am
by the way the buy order gbp nzd thats a mistake I changed to sell ,no sleep ,lol



Quoting Bones
current position in market account no 1

other micro £12.00 per short gold ,ej
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,009
  • May 29, 2012 4:45am May 29, 2012 4:45am
yes lmao ,I like it


Quoting Zhu
Cool .... it's same like V. Bednarik. she said that "'I win, I lose, it's my job... And I love it!'"
it sounds cool, isn't it ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #315,010
  • May 29, 2012 4:46am May 29, 2012 4:46am
Quoting PoundTrader
look like she's setting up a trap
yes must be careful when price closed in so tight range.
stopped @BE, luckily i took partial profits when + 30.

movie mode now for a while
90% of traders use TA, indicators and prediction
  • #315,011
  • May 29, 2012 4:55am May 29, 2012 4:55am
Quoting _BBKing_
yes must be careful when price closed in so tight range.
stopped @BE, luckily i took partial profits when + 30.

movie mode now for a while
yep, she's looking for an uptrend, im waiting for the confirmation before i do anything, good luck to all
  • #315,012
  • May 29, 2012 5:16am May 29, 2012 5:16am
Quoting PoundTrader
yep, she's looking for an uptrend, im waiting for the confirmation before i do anything, good luck to all
i will not certainly miss a move to 1.53 if happens a confirmation in down
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  • #315,013
  • May 29, 2012 5:23am May 29, 2012 5:23am
4hr and 1hr rangy now re opa between 5628 and 5726 (50% 5820-5628) Nice 1hr inverted hammer engulfing on 2nd attempt at the previous 1hr swing hi/weekly pivot/38.2% 5847-5628 area - price dropping to 50% 5628 - current daily hi (so far ?)

current near-term 1hr below.

G/L
Attached Image (click to enlarge)
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ex member
  • #315,014
  • May 29, 2012 6:20am May 29, 2012 6:20am
is there any pair in a kind of uptrend or downtrend. i mean: not in hourly ranging like AU EU GU GJ UJ UCH XAU Ech.

just to know if there is something good to look at or if whole market is waiting something.....
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  • #315,015
  • May 29, 2012 6:31am May 29, 2012 6:31am
uhm... ok i leave.
have no reasons to trade at these levels in these conditions.

i hope tomorrow market will be here

good luck u all and trade well
90% of traders use TA, indicators and prediction
  • #315,016
  • May 29, 2012 6:42am May 29, 2012 6:42am
BB im serious ,This is going to 1.5 next month

The trend is very clear w1


Quoting _BBKing_
is there any pair in a kind of uptrend or downtrend. i mean: not in hourly ranging like AU EU GU GJ UJ UCH XAU Ech.

just to know if there is something good to look at or if whole market is waiting something.....
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h4 29-5-12 2.gif Size: 29 KB
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  • #315,017
  • May 29, 2012 8:07am May 29, 2012 8:07am
auuummm...
patient is my attitude, rushing is a dog
  • #315,018
  • May 29, 2012 9:00am May 29, 2012 9:00am
it is a struggle to write anything enlightening about cables price action. retailers are still just about neutral- they bought above 1.57 and sold around 1.5660. Don't really see any great entry but then cable never leads moves, so easier to wait for something else to move first, although most other charts, as has been poiunted out not doing anything but drift sideways.
  • #315,019
  • May 29, 2012 9:14am May 29, 2012 9:14am
Quoting Bones
BB im serious ,This is going to 1.5 next month

The trend is very clear w1
yes but can change in no time.
never exclude the opposite direction!

1.6 still well in play at these levels.
personally i favour 1.60 more than 1.50.

IMO, if no 1.58-1.59 (or 1.60) before another down, when will go down will get such a kick that will be impossible to pick the long due to re-quotes!
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  • #315,020
  • May 29, 2012 9:45am May 29, 2012 9:45am
I don't exclude ,I am confident ,but never say never bb

Im cool really I like vision I would be pleased to see vison for long on chart ,really

(not 5min and not 30 pips)
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