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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)
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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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