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Cable Update (GBPUSD)

  • #319,001
  • Jul 17, 2012 4:52pm Jul 17, 2012 4:52pm
Quoting PoundTrader
what you talking about willis

You don't think the 4hr, daily and weekly look bullish PT?
Come with me if you want to live....
  • #319,002
  • Edited 6:04pm Jul 17, 2012 5:02pm | Edited 6:04pm
3rd bullish day in a row with a pip range on Tuesday > than 20 day atr as the lo of the day saw price bounce of the 200sma-4hr, top of the previous minor daily swing hi zone (previous resistance) and 76.4% 5516-5677. This Daily t/f remains in an opa range with a current bullish tone.

G/L
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ex member
  • #319,003
  • Edited 6:02pm Jul 17, 2012 5:44pm | Edited 6:02pm
0930am London time tomorrow sees release of Uk's Boe's MPC's minutes, and employment data / un-emp rate so may see some volatility round that time. Generally 4hr and 1hr too remain in gnereal opa uptrends but stuck in that 5267-5776 Daily range.


Will tomorrow see a break of this range ? Upside break looking more likely at the moment if and when it does break, 5678 then 5722 being the 2 more immediate 4hr swing highs to get above - but anything can happen.



G/L
ex member
  • #319,004
  • Jul 17, 2012 6:04pm Jul 17, 2012 6:04pm
Speaking of 4hr: great looking PB candle at the 200sma on 4hr with 76.4% a-b confluence-they don’t come much better than that ? Some PA candles/combos are just no brainers for pip gain aren’t they ?

G/L
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ex member
  • #319,005
  • Jul 17, 2012 6:27pm Jul 17, 2012 6:27pm
Uncle Ben's Love Poem ( only some of them )
http://www.forexfactory.com/attachme...7&d=1342535816

http://www.forexfactory.com/attachme...9&d=1342567373
not euphoria follower
  • #319,006
  • Edited 6:57pm Jul 17, 2012 6:47pm | Edited 6:57pm
Quoting iqyu5an
Uncle Ben's Love Poem ( only some of them )
http://www.forexfactory.com/attachme...7&d=1342535816

http://www.forexfactory.com/attachme...9&d=1342567373
Thanks for the PM before mate
We are in familiar territory.
It will be interesting to watch PA in the coming weeks.

(A little bigger sorry)
Attached Image(s) (click to enlarge)
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Come with me if you want to live....
  • #319,007
  • Jul 18, 2012 1:41am Jul 18, 2012 1:41am
Quoting PoundTrader
im short from 1.5657, s/l 1.5687, t/p 1.5462, t/p subject to change by thursday if s/l hasn't been hit.
  • #319,008
  • Jul 18, 2012 2:54am Jul 18, 2012 2:54am
took the short trade on pull back but will run for the hills if pa blasts through 1.56554 mid pivot.
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  • #319,009
  • Jul 18, 2012 3:37am Jul 18, 2012 3:37am
aaand, its finally going down!
  • #319,010
  • Jul 18, 2012 3:39am Jul 18, 2012 3:39am
Quoting muskatnuss
aaand, its finally going down!
we go, , wait it's going back up
  • #319,011
  • Jul 18, 2012 3:43am Jul 18, 2012 3:43am
Quoting redbeben
opened a sell @ 1.5645 TP 1.5520 SL 1.5728

as well moved all my SL's from longs to 1.5618
opened a second sell this morning @ 1.5656,closed @ 1.5610 the one from 1.5645,all my longs stopped @ 1.5618(damn news) and now I opened a scalp buy @ 1.5610 SL @ BE already TP 1.5630
  • #319,012
  • Jul 18, 2012 3:45am Jul 18, 2012 3:45am
but wait,closed half of it.don't like it.

aaaa....does anybody know why on good news we go down ? I know I know it's coz news mean shit

oh wait...wasn't UK in recession ?

apparently the 0.1% in jobs are the hotdog sellers for the olympics
  • #319,013
  • Jul 18, 2012 3:46am Jul 18, 2012 3:46am
Hi,

I got stopped out at 56458 just when the news hit the wire. I can't find that high from any other platform I am using. What's the high what you have ? Just want to make sure I am not ripped off by my broker...
  • #319,014
  • Jul 18, 2012 3:49am Jul 18, 2012 3:49am
Quoting kalastaja
Hi,

I got stopped out at 56458 just when the news hit the wire. I can't find that high from any other platform I am using. What's the high what you have ? Just want to make sure I am not ripped off by my broker...
1.56458 (Finfx)
  • #319,015
  • Jul 18, 2012 3:50am Jul 18, 2012 3:50am
daily high 1.5667
  • #319,016
  • Jul 18, 2012 3:50am Jul 18, 2012 3:50am
hourly high 1.5646
  • #319,017
  • Jul 18, 2012 3:51am Jul 18, 2012 3:51am
Quoting redbeben
opened a second sell this morning @ 1.5656,closed @ 1.5610 the one from 1.5645,all my longs stopped @ 1.5618(damn news) and now I opened a scalp buy @ 1.5610 SL @ BE already TP 1.5630
out of long

now sit and wait for my other longs to trigger @ 1.5520-1.5550..if
  • #319,018
  • Jul 18, 2012 3:58am Jul 18, 2012 3:58am
Quoting PoundTrader
daily high 1.5667
Thank's, so I was just unlucky (or stupid, with my SL level... )
  • #319,019
  • Jul 18, 2012 4:05am Jul 18, 2012 4:05am
short 5620

TP 5475
  • #319,020
  • Jul 18, 2012 4:08am Jul 18, 2012 4:08am
Quoting PoundTrader
im short from 1.5657, s/l 1.5687, t/p 1.5462, t/p subject to change by thursday if s/l hasn't been hit.
still short at 1.5657, s/l 1.5687, t/p 1.5462
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