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Cable Update (GBPUSD)

  • #321,021
  • Aug 8, 2012 11:06am Aug 8, 2012 11:06am
Quoting inpatient
patterns so far this week have been down during asian session, up in the European window and then down throughout the US window. With the close coming in less than 30 pips from the open.

1.562 at the end of the daily candle.
uhm... statistics is statistically proved wrong in trading
90% of traders use TA, indicators and prediction
  • #321,022
  • Aug 8, 2012 11:08am Aug 8, 2012 11:08am
Quoting _BBKing_
hi mr.Tau,
just yesterday was asking myself where you disappeared! lol
glad to see you

how are things going in this ping pong market?
Good day to you, sir

Went nowhere...

Been around.

We are in interesting times.. ping pong... for sure.

Things going relatively ok - took a few on the chin - took a few to the cleaners.

Shorting GU.

Wish you all the best

Regards
  • #321,023
  • Aug 8, 2012 11:14am Aug 8, 2012 11:14am
Good day,

Tomorrow is a public holiday here - so off to a BBQ with friends. See tomorrow.

Regards
  • #321,024
  • Aug 8, 2012 11:17am Aug 8, 2012 11:17am
Quoting _BBKing_

c'mon you want me to believe you did not close for that 1-2 pips???
do you see the figure http://www.pic4ever.com/images/banana_smiley_22.gif
  • #321,025
  • Aug 8, 2012 11:19am Aug 8, 2012 11:19am
im gonna chill now http://www.pic4ever.com/images/127fs1866968.gif
  • #321,026
  • Aug 8, 2012 11:26am Aug 8, 2012 11:26am
Quoting TauTrader
Good day to you, sir

Went nowhere...

Been around.

We are in interesting times.. ping pong... for sure.

Things going relatively ok - took a few on the chin - took a few to the cleaners.

Shorting GU.

Wish you all the best

Regards

nice!
same here, things are relatively ok.

basically i like rangy patterns, but then i feel or after some days of "nowhere to go"!

short? mmm
will be looking what happens, but for what i see market is looking to take out the stops near 5680.
also true that some work left near 5600.

about your previous "if weekly close bullish, more short" i partially agree: depends what kind of bullish close we have! (assuming will close bullish)
btw, not easy to imagine price taking out 5750
90% of traders use TA, indicators and prediction
  • #321,027
  • Aug 8, 2012 11:28am Aug 8, 2012 11:28am
http://www.pic4ever.com/images/nudie.gif lets dance bbking
  • #321,028
  • Aug 8, 2012 11:33am Aug 8, 2012 11:33am
yes I agree
  • #321,029
  • Aug 8, 2012 11:39am Aug 8, 2012 11:39am
Quoting PoundTrader
do you see the figure http://www.pic4ever.com/images/banana_smiley_22.gif

nice gif pictures!
do you make them by your own or you find them somewhere?
90% of traders use TA, indicators and prediction
  • #321,030
  • Aug 8, 2012 11:43am Aug 8, 2012 11:43am
Quoting _BBKing_

nice gif pictures!
do you make them by your own or you find them somewhere?
i always roll my own http://www.pic4ever.com/images/acigar.gif JK
  • #321,031
  • Aug 8, 2012 12:01pm Aug 8, 2012 12:01pm
for what i see.. price definetly took out the blak fibo line, with a bounce on retest of it, while yesterday turned back inside.

until above it, i expect more up.
this is why i'm actually holding long.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Hourly_snapshot.png Size: 18 KB
90% of traders use TA, indicators and prediction
  • #321,032
  • Aug 8, 2012 12:02pm Aug 8, 2012 12:02pm
Quoting PoundTrader
i always roll my own http://www.pic4ever.com/images/acigar.gif JK
90% of traders use TA, indicators and prediction
  • #321,033
  • Aug 8, 2012 12:06pm Aug 8, 2012 12:06pm
another thing to look at... IMO... is the UJ!

the thing is staggering around lows.
better not-to-touch it a lot for the moment, but soon could happen a nice trend. The UJ when moving is very good to trade

i'm testing longs in a demo.
one went bad and price took me out, one still running.

i think we might see price printing above 78.80/90 as first confirmation.

any idea here?
90% of traders use TA, indicators and prediction
  • #321,034
  • Aug 8, 2012 1:11pm Aug 8, 2012 1:11pm
please don't post all together or FF will go in overload.
lol.

ok i closed my long.
i thought to see more up before day ending.
target was near 5700.

no reasons to hold a trade during asia in these market conditions.
tomorrow is another day.

bye
90% of traders use TA, indicators and prediction
  • #321,035
  • Aug 8, 2012 3:23pm Aug 8, 2012 3:23pm
Prices must fall to 1.5600, that's my thoughts
  • #321,036
  • Aug 8, 2012 4:06pm Aug 8, 2012 4:06pm
The most active thread became very silent, it was my favorite!! just wondering what happened?
  • #321,037
  • Aug 8, 2012 4:12pm Aug 8, 2012 4:12pm
Quoting pino2
The most active thread became very silent, it was my favorite!! just wondering what happened?
hello
maybe these days few people are posting due to multiple reasons....
anyway today was in here and saw a lot of viewers, and also good post by people.

let market moves, and ideas will come!

btw,
price still around 5650. when price reached top, recently, at this time was already around 5600-10. where is supply?!
mmm

i'm still not confident at all in opening short
90% of traders use TA, indicators and prediction
  • #321,038
  • Aug 8, 2012 4:24pm Aug 8, 2012 4:24pm
where is nibiru?
wasn't it said to reach the earth around end of the year?
should be visible now!

90% of traders use TA, indicators and prediction
  • #321,039
  • Aug 8, 2012 4:31pm Aug 8, 2012 4:31pm
Quoting _BBKing_
hello
maybe these days few people are posting due to multiple reasons....
anyway today was in here and saw a lot of viewers, and also good post by people.

let market moves, and ideas will come!

btw,
price still around 5650. when price reached top, recently, at this time was already around 5600-10. where is supply?!
mmm

i'm still not confident at all in opening short
Me too I'm not confident to go short, prices are stuck in 1.5650 area as if they are running out of other figures , it's not clear yet but likely we will see 1.5600 by the UK session
  • #321,040
  • Aug 8, 2012 4:34pm Aug 8, 2012 4:34pm
Where is malcolmb, quecee, karmostaji, peters, caesernc, I missed these days
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