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Cable Update (GBPUSD)

  • #317,841
  • Jun 30, 2012 7:00pm Jun 30, 2012 7:00pm
Quoting PoundTrader
they come and they go, i seen it time and time again.
It's as if they are paid to come on here and spout nonsense though, how does anyone benefit from this?
  • #317,842
  • Jun 30, 2012 7:05pm Jun 30, 2012 7:05pm
Quoting Rk33333
It's as if they are paid to come on here and spout nonsense though, how does anyone benefit from this?
the bad thing about it, is that some traders will follow his prediction
  • #317,843
  • Jun 30, 2012 7:27pm Jun 30, 2012 7:27pm
Quoting 1stECN
GBPUSD is heading up to 1.5738 minimum or more on market open.

Thanks, now I got my compass, I can boldly walk thru the 1st ECN Jungle until a Barclays elephant sits on me
Come with me if you want to live....
  • #317,844
  • Jun 30, 2012 7:43pm Jun 30, 2012 7:43pm
Quoting Ill-b-back

Thanks, now I got my compass, I can boldly walk thru the 1st ECN Jungle until a Barclays elephant sits on me
  • #317,845
  • Jun 30, 2012 7:50pm Jun 30, 2012 7:50pm
Quoting PoundTrader

Thank you, really I'm just bored too.
Come with me if you want to live....
  • #317,846
  • Jun 30, 2012 7:55pm Jun 30, 2012 7:55pm
Quoting PoundTrader
Your GF come back?
Come with me if you want to live....
  • #317,847
  • Jul 1, 2012 5:36am Jul 1, 2012 5:36am
Quoting 1stECN
GBPUSD is heading up to 1.5738 minimum or more on market open.

  • #317,848
  • Jul 1, 2012 7:05am Jul 1, 2012 7:05am
Quoting 1stECN
GBPUSD is heading up to 1.5738 minimum or more on market open.
what makes you say that? :nerd: can you share you analogy?
  • #317,849
  • Jul 1, 2012 7:14am Jul 1, 2012 7:14am
Quoting Hardstart
what makes you say that? :nerd: can you share you analogy?
4h resistance?
  • #317,850
  • Jul 1, 2012 8:08am Jul 1, 2012 8:08am
Gbp/Usd should head toward the 1.5900 level in the coming days or weeks.
  • #317,851
  • Jul 1, 2012 8:22am Jul 1, 2012 8:22am
There is a MACD bearish hidden divergence on the daily chart and a bearish divergence on the hourly chart, just keep in mind
  • #317,852
  • Jul 1, 2012 10:36am Jul 1, 2012 10:36am
Quoting xmike195
Gbp/Usd should head toward the 1.5900 level in the coming days or weeks.
why not trade what you see, instead of trying to predict where it going
  • #317,853
  • Jul 1, 2012 10:53am Jul 1, 2012 10:53am
So here's what I see.

Chart #1 (4H) - We've broken out of the downtrend and have bounced all the way back to the 76% fib of the last week's move. However, I'm not yet ready to say we're back into bull mode yet because...

Chart #2 (Daily) - We haven't broken out of the longer term downtrend. The swing high from last week hasn't been breached. 1.5715-20 is a key level that's provided resistance in the past. We tested it at the end of the day Friday. Price is also forming a flag pattern.

Plan - My bias right now is more the short side, but how the market opens is going to be key. It's a short week in the US with the 4th of July in the middle of the week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2012-07-01_4H.jpg Size: 84 KB
Click to Enlarge Name: 2012-07-01_daily.jpg Size: 63 KB
  • #317,854
  • Jul 1, 2012 1:20pm Jul 1, 2012 1:20pm
Quoting PoundTrader
why not trade what you see, instead of trying to predict where it going

I don't trust any move - when you have profit...take it.
  • #317,855
  • Jul 1, 2012 2:00pm Jul 1, 2012 2:00pm
Quoting PoundTrader
why not trade what you see, instead of trying to predict where it going

thats what every1 say..coming like a chinese cookie..

just confusing:nerd:

my ass is waiting patiently and getting ripe
  • #317,856
  • Jul 1, 2012 3:51pm Jul 1, 2012 3:51pm


Itīs really hard to see GBP 2000 - 3000 pips higher from here for me. I canīt get the picture at this fundamentals...
We are coming from a downtrend in the very long term. I think that we will go to new LL in high timeframes. But itīs just a feeling, letīs see...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdw.gif Size: 22 KB
Click to Enlarge Name: gbpusdm.gif Size: 19 KB
  • #317,857
  • Jul 1, 2012 4:17pm Jul 1, 2012 4:17pm
Quoting BioFX


Itīs really hard to see GBP 2000 - 3000 pips higher from here for me. I canīt get the picture at this fundamentals...
We are coming from a downtrend in the very long term. I think that we will go to new LL in high timeframes. But itīs just a feeling, letīs see...

u post a chart showing good analysis then type something which doesnt fit the chart..trust yur chart is my advise to u
also connect the upper highs to form a trendline..and see what the tells u..
  • #317,858
  • Jul 1, 2012 6:14pm Jul 1, 2012 6:14pm
have u tried to call them on market open bro ?
http://myrtlebeachalternatives.com/w...er.cartoon.gif
Quoting 1stECN
GBPUSD is heading up to 1.5738 minimum or more on market open.
not euphoria follower
  • #317,859
  • Jul 1, 2012 6:58pm Jul 1, 2012 6:58pm
Quoting mka_78
There is a MACD bearish hidden divergence on the daily chart and a bearish divergence on the hourly chart, just keep in mind
Where do you see these bearish signs? What indi are you using?
I see only hidden bullish divergence on the daily and normal bullish on the 1 hr.
Thanks.
Of course my trade position biase maybe playing tricks on me
Attached Image(s) (click to enlarge)
Click to Enlarge Name: christmas trade155if.gif Size: 14 KB
Click to Enlarge Name: christmas trade156if.gif Size: 14 KB
Come with me if you want to live....
  • #317,860
  • Jul 1, 2012 7:05pm Jul 1, 2012 7:05pm
let see how this big cypher ( 1H ) works ...

am wait and see also for .....
Attached Image (click to enlarge)
Click to Enlarge Name: cypher chark .gif Size: 25 KB
not euphoria follower
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