I see continuation for gbp
watch closer 1.5475 level as if that one gives up we see 1.5450 in no time and my last TP 1.5420.....even if I will scale my short from 1.5542 @ 1.5480 area .....60 pips is better than nothing
Cable Update (GBPUSD)
- #316,341
- Jun 14, 2012 7:06am Jun 14, 2012 7:06am
- | Commercial User | Joined Feb 2010 | 2,739 Posts
watch closer 1.5475 level as if that one gives up we see 1.5450 in no time and my last TP 1.5420.....even if I will scale my short from 1.5542 @ 1.5480 area .....60 pips is better than nothing
pleasee
- #316,343
- Jun 14, 2012 7:48am Jun 14, 2012 7:48am
- Joined May 2009 | Status: Trader | 2,387 Posts
time to switch side. Short gu @1.5533
Why? I see a tendency of price break below the TL. The Price has played below the Resistance very well and near the TL. now it is testing back higher to confirm the break below the TL. Im dumping my long.
Hopefully i'm right. i have no idea what i am doing..
Why? I see a tendency of price break below the TL. The Price has played below the Resistance very well and near the TL. now it is testing back higher to confirm the break below the TL. Im dumping my long.
Hopefully i'm right. i have no idea what i am doing..
- #316,344
- Jun 14, 2012 7:54am Jun 14, 2012 7:54am
- Joined Jul 2011 | Status: Lord Of War | 1,853 Posts
Early to bed, early to rise, keeps you healthy, wealthy and wise.
- #316,345
- Jun 14, 2012 8:08am Jun 14, 2012 8:08am
- | Membership Revoked | Joined Jul 2011 | 3,291 Posts
- #316,346
- Jun 14, 2012 8:12am Jun 14, 2012 8:12am
- Joined Jul 2011 | Status: Lord Of War | 1,853 Posts
it is still in a descending channel. possible top at 1.5600
Early to bed, early to rise, keeps you healthy, wealthy and wise.
- #316,348
- Jun 14, 2012 8:42am Jun 14, 2012 8:42am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #316,351
- Jun 14, 2012 9:17am Jun 14, 2012 9:17am
1.5600 today...
US economy in no great shape, as all of the recent figures are showing: unemployment up, deflation, etc. UK economy might not be great, but neither is Uncle Sam!!
- #316,352
- Jun 14, 2012 9:18am Jun 14, 2012 9:18am
- | Membership Revoked | Joined Jul 2011 | 3,291 Posts
- #316,354
- Jun 14, 2012 9:46am Jun 14, 2012 9:46am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #316,355
- Jun 14, 2012 9:48am Jun 14, 2012 9:48am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #316,356
- Jun 14, 2012 9:55am Jun 14, 2012 9:55am
- Joined Dec 2008 | Status: Resident Psychiatrist!!! | 2,600 Posts
- #316,357
- Jun 14, 2012 10:08am Jun 14, 2012 10:08am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #316,358
- Jun 14, 2012 10:10am Jun 14, 2012 10:10am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
BB this is what I see ,messy up trend against nice down
Messy uptrend already broke to downside
Che cosa pensa il mio amico
Messy uptrend already broke to downside
Che cosa pensa il mio amico
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #316,359
- Jun 14, 2012 10:12am Jun 14, 2012 10:12am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #316,360
- Jun 14, 2012 10:23am Jun 14, 2012 10:23am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
BB this is what I see ,messy up trend against nice down
Messy uptrend already broke to downside
Che cosa pensa il mio amico
but don't forget that fundamentals don't care at all about techs.
m15 is printing a compression pattern.
price can eventually fill this but then reverse up.
let's see
actually i'm holding short.
as soon as i see something i load long in hedge.
see chart to understand what i see as possibilities
90% of traders use TA, indicators and prediction