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Cable Update (GBPUSD)

  • #316,401
  • Jun 14, 2012 4:19pm Jun 14, 2012 4:19pm
i went long at 1.5542, s/l 1.5500, t/p 1.5620
  • #316,402
  • Jun 14, 2012 4:51pm Jun 14, 2012 4:51pm
Quoting eqshack
long from 1.5514 targeting 1.5830-51 area.
goin to sleep.leavin it open i think we gonna go over 1.5600 asia session
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #316,403
  • Jun 14, 2012 4:55pm Jun 14, 2012 4:55pm
hey cool ,what do you think about break below you think false ?

Quoting geniusztc
in my view,waiting for breaking .
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,404
  • Jun 14, 2012 4:57pm Jun 14, 2012 4:57pm
Quoting eqshack
goin to sleep.leavin it open i think we gonna go over 1.5600 asia session
damn you aint playing around, big things going on in euroupe next week, be careful
  • #316,405
  • Jun 14, 2012 4:58pm Jun 14, 2012 4:58pm
well it really dosent bother me if im on the right side ,mind you I wouldnt hold what im holding right now


Quoting _BBKing_
i think market will eat stops near 1.5600 before any further move. assuming there are stops above there.

another problem is "when".
i mean: if happens a move to 1.5650 within 24 hours is ok.
if not who will have balls to hold any kind of trade during this week end?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #316,406
  • Jun 14, 2012 5:03pm Jun 14, 2012 5:03pm
Quoting Bones
well it really dosent bother me if im on the right side ,mind you I wouldnt hold what im holding right now
if some one got the balls holding trades thru this weekend by monday they won't have no balls
  • #316,407
  • Jun 14, 2012 5:27pm Jun 14, 2012 5:27pm
http://www.forexfactory.com/attachme...1&d=1339688839
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not euphoria follower
  • #316,408
  • Jun 14, 2012 6:09pm Jun 14, 2012 6:09pm
Sometimes I do what the charts tell me to do.
Sometimes I do what the voices in my head tell me to do.

This week I listened to the voices in my head.
Boy am I glad I did
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Show Me Your Pips!!!
  • #316,409
  • Jun 14, 2012 6:35pm Jun 14, 2012 6:35pm
Quoting Ill-b-back
Reminds me of the MATRIX.
Take the blue pill or the red?
Which is reality??
Time will tell...
Not an easy week this week
Daily and 4hr...


thats some strange trendlines u got there
Z
  • #316,410
  • Jun 14, 2012 7:10pm Jun 14, 2012 7:10pm
Quoting ngbans
thats some strange trendlines u got there
yep
Candlesticks like them though.
I am moving away from TL's
When the market turns downside up like this, need to look at things differently.
Come with me if you want to live....
  • #316,411
  • Jun 14, 2012 7:15pm Jun 14, 2012 7:15pm
Looks like GBP/USD is going to go up tomorrow and half of next week, to do some kind of correction before deciding on a trend direction, thats just my perspective, another indication is a bullish daily candle
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{Promotion Removed}
  • #316,412
  • Jun 14, 2012 8:47pm Jun 14, 2012 8:47pm
http://www.harmonictrader.com/abcdbullre.jpg
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not euphoria follower
  • #316,413
  • Jun 14, 2012 10:00pm Jun 14, 2012 10:00pm
m15 close below daily open ( red line ) .

clear and take profit manually for 60 pips.

flat

Quoting iqyu5an
http://www.harmonictrader.com/abcdbullre.jpg
not euphoria follower
  • #316,414
  • Jun 14, 2012 10:30pm Jun 14, 2012 10:30pm
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting _BBKing_
i think market will eat stops near 1.5600 before any further move. assuming there are stops above there.

another problem is "when".
i mean: if happens a move to 1.5650 within 24 hours is ok.
if not who will have balls to hold any kind of trade during this week end?
Agreed. Good spot BB. Surely to God this is the area EVERYONE in the forum has been eyeballing for the past two weeks. I'll admit I've been dabbling in small position scalps for the past two weeks just to keep my skilz sharp .

But really. I can't imagine the order flow that will flood the market at this .5600 > .5650 area. I mean yeah...that area is a 38.2 FIB of the move down but come on LOOK at the daily. That is about as clear as it gets. That sh*t is textbook son. You place your shorts there along with everyone else with a pulse and worst case scenario you move your stops to BE & let it ride.
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  • #316,415
  • Jun 14, 2012 11:07pm Jun 14, 2012 11:07pm
Good day to you,

Missed you all yesterday. I was in a corner licking wounds. Bad longs of wednesday eventually closed last night and could save the situation. Proof can be furnished should anyone request.

Scalping today, as it is Friday.

Look to scalp a small long in early session. But I do see a liitle bit of weakness creaping in on the daily. But weekly is ssaying not yet.So careful. Very mixed.

All the best.

Regards
  • #316,416
  • Jun 14, 2012 11:10pm Jun 14, 2012 11:10pm
http://www.forexfactory.com/showthre...60#post5758560
Morning , so far eu trying it's best catch up all including gu but time to shake, rinse & repeat perhaps approaching .should not be that easy for a dirrect correction either .so watching the top of ranges specially eu
take care
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #316,417
  • Jun 14, 2012 11:40pm Jun 14, 2012 11:40pm
Quoting Bones
hey cool ,what do you think about break below you think false ?
Good day to you,

If it was a line chart - there was no break. Just an observation?

Regards
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  • #316,418
  • Jun 15, 2012 12:25am Jun 15, 2012 12:25am
Quoting TauTrader
Good day to you,

Missed you all yesterday. I was in a corner licking wounds. Bad longs of wednesday eventually closed last night and could save the situation. Proof can be furnished should anyone request.

Scalping today, as it is Friday.

Look to scalp a small long in early session. But I do see a liitle bit of weakness creaping in on the daily. But weekly is ssaying not yet.So careful. Very mixed.

All the best.

Regards
thanx bro
The only way not to think about money is to have a great deal of it
  • #316,419
  • Jun 15, 2012 12:26am Jun 15, 2012 12:26am
Good day to you,

Looking at my 4hr, we are forming a temporary top as well. So - based on the weight of timeframe, may even go short a bit later today or then Monday.

Will see how it goes.

Regards
  • #316,420
  • Jun 15, 2012 12:36am Jun 15, 2012 12:36am
euro is currently dancing naked at the northern hemisphere, I wonder whats holding cable down
The only way not to think about money is to have a great deal of it
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