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Cable Update (GBPUSD)

  • #317,761
  • Jun 29, 2012 12:33am Jun 29, 2012 12:33am
Quoting Ill-b-back
Market IS very strange these days I agree BB
After watching the bullish V turns earlier this year until 63, nothing at all would surprise me.
We are living in extreme financial times, (crisis, bailout, crisis, bailout ) - ( Bear, Bull, Bear, Bull).
Yeah ok, but seriously, this is rediculous
Come with me if you want to live....
  • #317,762
  • Jun 29, 2012 12:53am Jun 29, 2012 12:53am
Morning , the ranges 5564 to 5479 played well with broken 1 limit 5504 for more down probable for next confirmation/limit levels 5454,5408 . So watching 5656 to 5776 top ranges before further down or more up again .
fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #317,763
  • Jun 29, 2012 1:14am Jun 29, 2012 1:14am
took me 10 minutest to realize actual gu n eu gold rates.



what a scam!!!!
i hope nobody lost money in those moves.

leaving for holidays.
see you all in a week or so.
90% of traders use TA, indicators and prediction
  • #317,764
  • Jun 29, 2012 1:19am Jun 29, 2012 1:19am
lol... earned alot - u shorting em ?

Quoting _BBKing_
took me 10 minutest to realize actual gu n eu gold rates.



what a scam!!!!
i hope nobody lost money in those moves.

leaving for holidays.
see you all in a week or so.
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #317,765
  • Jun 29, 2012 1:31am Jun 29, 2012 1:31am
Quoting _BBKing_
took me 10 minutest to realize actual gu n eu gold rates.



what a scam!!!!
i hope nobody lost money in those moves.

leaving for holidays.
see you all in a week or so.
True , it took you only 10 minutes .
Wish happy holiday then.
eu in better prospect down still but anything can happen there too as the real good level still not there for good down to start again or even a last chance spike up, real tough though,for a great start the bear party.
fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #317,766
  • Jun 29, 2012 1:43am Jun 29, 2012 1:43am
Good day,

Off to trade some other pairs for the next few sessions.

Enjoy the coming week-end.

All the best

Regards
  • #317,767
  • Jun 29, 2012 2:15am Jun 29, 2012 2:15am
Quoting redbeben
oopps plans changed

1.5645 as it looks now and 1.5610-11 as half move
.....hmmmm

next stop 1.5777 and it should be today ????
so.....the plan is accurate so far?

I realised yesterday that the charts were fine,down move yesterday was triggered more by the banks scandal dammit.

of well I'm a rich bitch now and even more

all the rest on GU have a SL @ 1.5640 locking in on all trades 150 pips
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  • #317,768
  • Jun 29, 2012 2:16am Jun 29, 2012 2:16am
aa..so far I cashed in 704 pips...overnight
  • #317,769
  • Jun 29, 2012 2:43am Jun 29, 2012 2:43am
Quoting redbeben
Hi there Mr Tau

here it is the daily chart I was talking about yesterday.

Price has to pierce the R in the weakest point..and that one is the thin cloud.It happens all the time
as soon as we break that one we go to 1.5963 and last stop above cloud is 1.6240

to the thin cloud we have 9 trading days...which may be down to the trendline ( this is why I load longs @ 1.5600-5610 and below @ 1.5570 with a SL @ 1.5470-60
this was on the 21st.....8 days ago .


and I was stopped out now.
not touching anything today unless it will scream at me
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  • #317,770
  • Jun 29, 2012 2:48am Jun 29, 2012 2:48am
can't help it

sold EU @1.2585 TP 1.2525 and 1.2495

I'll buy there and buy on GU again @ 1.5600-1.5590
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  • #317,771
  • Edited 3:19am Jun 29, 2012 2:51am | Edited 3:19am
http://www.trade-forex-harmonic-patt...hark-bu-be.gif

am preparing lower time frame for bull "OR" higher time frame for bear of this pattern . which one come first..gonna shoot them

*** no straight line to the area of interest but maybe there is straight line also but mostly they will make harmonic also like ab=cd or others...let see what they will show

am just waiting.......flat at the moment
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not euphoria follower
  • #317,772
  • Jun 29, 2012 2:53am Jun 29, 2012 2:53am
Good morning all -

Just trying to shake the cob webs out after a 3 hour nap - it is now 4am where I am - I see price action has not moved much since th explosion......hope everyone is well........going to try and lay low after a very nice ride up in price last night.

Nice little song with a great beat for all to enjoy.....

Inserted Video
I don't trust any move - when you have profit...take it.
  • #317,773
  • Jun 29, 2012 2:56am Jun 29, 2012 2:56am
@ iqyu5an

wow great insight you just wrote to all of us - thanks for sharing how you are going to position yourself in terms of price action and market sentiment - this will help many traders especially the new traders.

thank you.....

Faller.
I don't trust any move - when you have profit...take it.
  • #317,774
  • Jun 29, 2012 3:11am Jun 29, 2012 3:11am
G/M

Yesterday's Daily candle was bearish - the Lo was at the previous 4hr/daily swing lo zone (and yesterday's daily s2) extending down to 5472...support there and a big move up on the Eu summit news and price tests the descending daily trend line/76.4% 5742-5483 (yesterday's lo) / Daily R2 at the current daily hi where supply has been encountered.

Uk data @ 0930am bst and then King @ 1030am

1hr is as below and it is much changed picture from yesterday

G/L
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ex member
  • #317,775
  • Jun 29, 2012 3:14am Jun 29, 2012 3:14am
Daily pic below shows the test of the descending trend line on this t/f at the current daily hi.

G/L
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ex member
  • #317,776
  • Jun 29, 2012 3:17am Jun 29, 2012 3:17am
for smaller move watching now 5599 limit breaks for next limit 5519 for all up next if. 5599 for up if top ranging /mofu formation . so far it is trying up strong without correction , not any good sign though .
fontu
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #317,777
  • Jun 29, 2012 3:33am Jun 29, 2012 3:33am
Ok...... i was floated for about 70 pips.....during down to 1.490 area, but i saw huge gartley pattern at high TF M30, H1 and H4, and showing potential reversal area, and i confidence to did average down for bull 5 position (1.5571-1.5534)...and it was paid.... as usual closed earlier at 15640.....ok i am not greedy....all bull made green pips......

So i am sure sellers and buyes are happy......

Enjoy your green pips every body....

and remember it's friday.....
  • #317,778
  • Edited 3:59am Jun 29, 2012 3:37am | Edited 3:59am
classis bearish divergence plays on 5 and 15min at the current daily hi (76.4% 5732-5483, Daily R2 @/around, descending daily trend line.) Intraday remains bullish with general opa uptrend on 1hr although 4hr swill rangy to bullish re opa with a break higher than the last 2 x LH's on that t/f.

Will likely see some buying of this pullback at some stage ?

G/L
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ex member
  • #317,779
  • Jun 29, 2012 4:14am Jun 29, 2012 4:14am
King etc @ 1030am

Pullback lo at top of the previous 1hr swing lo with 38.2% of 5483-today's current hi 5678...will the buyers come back in and buy this pullback ?

G/L
ex member
  • #317,780
  • Jun 29, 2012 4:20am Jun 29, 2012 4:20am
what i remember it's the last trading day in june and last day for second quarter candle 2012 ......
Quoting Red Alert
Ok...... i was floated for about 70 pips.....during down to 1.490 area, but i saw huge gartley pattern at high TF M30, H1 and H4, and showing potential reversal area, and i confidence to did average down for bull 5 position (1.5571-1.5534)...and it was paid.... as usual closed earlier at 15640.....ok i am not greedy....all bull made green pips......

So i am sure sellers and buyes are happy......

Enjoy your green pips every body....

and remember it's friday.....
not euphoria follower
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