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Cable Update (GBPUSD)

  • #319,301
  • Jul 20, 2012 5:18am Jul 20, 2012 5:18am
http://www.candlesticker.com/images/73FIG.gifhttp://www.candlesticker.com/images/75FIG.gif

http://www.forexfactory.com/attachme...1&d=1342778661

my imho 0.0001 cent. not a call

Quoting iqyu5an
TF : 4H
http://www.forexfactory.com/attachme...5&d=1342757395

TF : 8H
http://www.forexfactory.com/attachme...3&d=1342757247
not euphoria follower
  • #319,302
  • Jul 20, 2012 5:24am Jul 20, 2012 5:24am
Consolidation area very difficult trading conditions



Quoting Bones
If you read the daily you can see exustion in the bulls ,as before on up moves yesturday wick to both sides
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 20-7-12 d1.png Size: 29 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #319,303
  • Jul 20, 2012 5:30am Jul 20, 2012 5:30am
right... im gona head home...
closed my GBPUSD short +12 pips no follow thru for further fall....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #319,304
  • Jul 20, 2012 5:49am Jul 20, 2012 5:49am
Quoting _BBKing_
always better wait candle to close.
Just wondering which TF candle close would have confirmed for you the breakout?
  • #319,305
  • Jul 20, 2012 6:13am Jul 20, 2012 6:13am
Quoting bguguen
right... im gona head home...
closed my GBPUSD short +12 pips no follow thru for further fall....
Same
Come with me if you want to live....
  • #319,306
  • Jul 20, 2012 6:21am Jul 20, 2012 6:21am
Quoting Freshpips
Just wondering which TF candle close would have confirmed for you the breakout?
uhm personally i dont trade breakouts and also TLs....
i posted that line because i noticed it.
anyway, a line to be considered broken must be broken by a strong hourly candle out, followed by a move down to next support, and a move up to retest the line.
a lot of work time and patience....
90% of traders use TA, indicators and prediction
  • #319,307
  • Jul 20, 2012 6:39am Jul 20, 2012 6:39am
it finally moves its way

on it

i expect 1.53 to be touched within the next week
  • #319,308
  • Jul 20, 2012 6:40am Jul 20, 2012 6:40am
nice drops both eu and gu but whonder what happened suddenly
  • #319,309
  • Jul 20, 2012 6:48am Jul 20, 2012 6:48am
1.5670 was tough to break yesterday lets see if it can this time.
  • #319,310
  • Jul 20, 2012 6:50am Jul 20, 2012 6:50am
bääääng
  • #319,311
  • Jul 20, 2012 6:51am Jul 20, 2012 6:51am
will reach 5540
  • #319,312
  • Jul 20, 2012 6:52am Jul 20, 2012 6:52am
same stuff diffrent day.
  • #319,313
  • Jul 20, 2012 6:56am Jul 20, 2012 6:56am
Quoting PoundTrader
same stuff diffrent day.

Tell me about it
  • #319,314
  • Jul 20, 2012 7:11am Jul 20, 2012 7:11am
Quoting wasabeclaw
Tell me about it
i miss the old days when this pair use to make big daily moves.
  • #319,315
  • Jul 20, 2012 7:14am Jul 20, 2012 7:14am
nice pull back, will add longs here. (1.56554 nice place to add imo - ties in nice with hidden divergence on 1hr chart and up TL)
Attached Image (click to enlarge)
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  • #319,316
  • Jul 20, 2012 7:15am Jul 20, 2012 7:15am
Quoting PoundTrader
i miss the old days when this pair use to make big daily moves.
300+ or 500+?
  • #319,317
  • Jul 20, 2012 7:36am Jul 20, 2012 7:36am
Quoting letscry
nice drops both eu and gu but whonder what happened suddenly
Supply - Normally I wouldn't trade this ( Tight Ranges ), but heck it's a Friday
Attached Image(s) (click to enlarge)
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  • #319,318
  • Jul 20, 2012 8:32am Jul 20, 2012 8:32am
Bears are really trying to push through support at 1.5656. 23% Fib of the June uptrend and proved strong resistance to price early this week.
  • #319,319
  • Jul 20, 2012 8:33am Jul 20, 2012 8:33am
Target 1 attained:
Attached Image (click to enlarge)
Click to Enlarge Name: gu bearish butt.jpg Size: 70 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #319,320
  • Jul 20, 2012 8:34am Jul 20, 2012 8:34am
strong lines
Attached Image (click to enlarge)
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