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Cable Update (GBPUSD)

  • #316,341
  • Jun 14, 2012 7:06am Jun 14, 2012 7:06am
Quoting Bones
I see continuation for gbp
well done

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
  • #316,342
  • Jun 14, 2012 7:48am Jun 14, 2012 7:48am
pin m15 + price unable to close below h1 TL.. pleasee

...high server load. already @ BE right now
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  • #316,343
  • Jun 14, 2012 7:48am Jun 14, 2012 7:48am
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..
  • #316,344
  • Jun 14, 2012 7:54am Jun 14, 2012 7:54am
long from 1.5514 targeting 1.5830-51 area.
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Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #316,345
  • Jun 14, 2012 8:08am Jun 14, 2012 8:08am
Quoting eqshack
long from 1.5514 targeting 1.5830-51 area.

it is still in a descending channel. possible top at 1.5600
  • #316,346
  • Jun 14, 2012 8:12am Jun 14, 2012 8:12am
Quoting Nachiket
it is still in a descending channel. possible top at 1.5600
ofc it can go either way.because we got BOE Gov King Speak today
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #316,347
  • Jun 14, 2012 8:30am Jun 14, 2012 8:30am
out with 20+ crazy market. look at eu

i'm done for today..
  • #316,348
  • Jun 14, 2012 8:42am Jun 14, 2012 8:42am
significant ?
tl only can save

but really I think no way


Quoting Bones
easy ,break down will win
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,349
  • Jun 14, 2012 8:43am Jun 14, 2012 8:43am
No trades yet today...
Another confusing day.
  • #316,350
  • Jun 14, 2012 8:59am Jun 14, 2012 8:59am
1.5600 today...
  • #316,351
  • Jun 14, 2012 9:17am Jun 14, 2012 9:17am
Quoting ijan112
1.5600 today...
If it hits 1.5600 today, should go to 1.5730 in short order.

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
Quoting 16Nov16
If it hits 1.5600 today, should go to 1.5730 in short order.

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!!
if we don't get QE3 it may not rally beyond 1.60 in short term. I see a huge fall today.
  • #316,353
  • Jun 14, 2012 9:34am Jun 14, 2012 9:34am




#214




#215



Patterns have an underlying mathematical structure.
  • #316,354
  • Jun 14, 2012 9:46am Jun 14, 2012 9:46am
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90% of traders use TA, indicators and prediction
  • #316,355
  • Jun 14, 2012 9:48am Jun 14, 2012 9:48am
will we have new high ?
not euphoria follower
  • #316,356
  • Jun 14, 2012 9:55am Jun 14, 2012 9:55am
Good luck with the 1.56 peg guys .. You are really going up against a tough supply zone . With what looks like a no-demand bar forming on the daily chart , I think more like 1 .5523 -28 than 1.56 ...
Attached Image(s) (click to enlarge)
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  • #316,357
  • Jun 14, 2012 10:08am Jun 14, 2012 10:08am
Quoting taomql4
Good luck with the 1.56 peg guys .. You are really going up against a tough supply zone . With what looks like a no-demand bar forming on the daily chart , I think more like 1 .5523 -28 than 1.56 ...
personally i'm short @5546
but already cutted most position near 5520 in last fast move down.

now let this small one go free with stop @be and will be looking to go long as soon as i see something good in m15 chart.

this thing can print above 56 like nothing today, just to come back below the line tomorrow at week closing.

later BOE gov kings could move something.
let's see.

anyway, market is gone in "total insanity"-mode
having a +20 +30 looks like a big portion of luck......
90% of traders use TA, indicators and prediction
  • #316,358
  • Jun 14, 2012 10:10am Jun 14, 2012 10:10am
BB this is what I see ,messy up trend against nice down

Messy uptrend already broke to downside

Che cosa pensa il mio amico




Quoting _BBKing_
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,359
  • Jun 14, 2012 10:12am Jun 14, 2012 10:12am
after messy up what next ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,360
  • Jun 14, 2012 10:23am Jun 14, 2012 10:23am
Quoting Bones
BB this is what I see ,messy up trend against nice down

Messy uptrend already broke to downside

Che cosa pensa il mio amico
yes of course, possible a slap down.
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
Attached Image (click to enlarge)
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