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Cable Update (GBPUSD)

  • #323,941
  • Sep 10, 2012 6:27am Sep 10, 2012 6:27am
Short 1.5996, watching 1.5950, then 1.5880-/75 and lower 1.5740.

http://img96.imageshack.us/img96/9805/guh4.jpg
The trend is a better friend!
  • #323,942
  • Sep 10, 2012 6:42am Sep 10, 2012 6:42am
GBPUSD nice short - banks are probably taking some profits from thier long positions 13:39 GMT+2
Attached Image (click to enlarge)
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  • #323,943
  • Sep 10, 2012 6:54am Sep 10, 2012 6:54am
Short eurus as well for 1.2625, 1.2580-1.2600 possible.

http://img716.imageshack.us/img716/5653/euh4.jpg

http://img443.imageshack.us/img443/2548/euwklpic.jpg
The trend is a better friend!
  • #323,944
  • Sep 10, 2012 6:59am Sep 10, 2012 6:59am
Quoting redbeben
if we fail 1.5913-17 then we might go deeper 1.5550 and later 1.5390

but who cares

I'll short now a bit 1.5995 TP 1.5945
1/2 closed + 22 rest BE

thank you have a nice day.
  • #323,945
  • Sep 10, 2012 7:02am Sep 10, 2012 7:02am
Quoting taomql4
I see a Spike , Red ..We may have a weak daily supply now..
hmmm


I still want 1.5940-5913 to be honest

there I will decide wether I load longs again or sideline.

if I hear PT I give him a good reason....I do not see it that fast that low in my charts but I do see a Gartley pointing 1.5390 ...which corresponds to my calculations but not that fast(by the end of sept ) ...actually he might be right

15 days to go to 1.5550 to 1.5600-5550 acc to charts but only if PA moves that direction

till then 20 pips here 20 there
  • #323,946
  • Sep 10, 2012 7:07am Sep 10, 2012 7:07am
Quoting redbeben
hmmm


I still want 1.5940-5913 to be honest

there I will decide wether I load longs again or sideline.

if I hear PT I give him a good reason....I do not see it that fast that low in my charts but I do see a Gartley pointing 1.5390 ...which corresponds to my calculations but not that fast(by the end of sept ) ...actually he might be right

15 days to go to 1.5550 to 1.5600-5550 acc to charts but only if PA moves that direction

till then 20 pips here 20 there
Now am scratching my head ..lol .Apparently that spike wasn't strong enough..- If 4hr demand can't hold it , and it breaks - Then Gotta close all my Positions....
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  • #323,947
  • Sep 10, 2012 7:15am Sep 10, 2012 7:15am
Quoting taomql4
Now am scratching my head ..lol .Apparently that spike wasn't strong enough..- If 4hr demand can't hold it , and it breaks - Then Gotta close all my Positions....
well I already closed 3 of my longs and still 2 left there from 1.5880
now I closed 1/2 of one position from 1.5995 and BE the rest

eitherway profit booked and rest locked so...if we close a H4 below 5978 we should see 5930 soon
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  • #323,948
  • Sep 10, 2012 7:23am Sep 10, 2012 7:23am
Quoting 42uNe
Short eurus as well for 1.2625, 1.2580-1.2600 possible.

http://img716.imageshack.us/img716/5653/euh4.jpg

http://img443.imageshack.us/img443/2548/euwklpic.jpg
Forgot about weekly 1.2775 support on eurus. Will see how it holds up here.
The trend is a better friend!
  • #323,949
  • Sep 10, 2012 7:29am Sep 10, 2012 7:29am
Quoting taomql4
Now am scratching my head ..lol .Apparently that spike wasn't strong enough..- If 4hr demand can't hold it , and it breaks - Then Gotta close all my Positions....
I apologise, that could have been my fault

Just kidding
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade251if.gif Size: 15 KB
Come with me if you want to live....
  • #323,950
  • Sep 10, 2012 7:44am Sep 10, 2012 7:44am
Quoting 42uNe
Short 1.5996, watching 1.5950, then 1.5880-/75 and lower 1.5740.

http://img96.imageshack.us/img96/9805/guh4.jpg
closed for 25 pips
The trend is a better friend!
  • #323,951
  • Sep 10, 2012 7:44am Sep 10, 2012 7:44am
Quoting 42uNe
Forgot about weekly 1.2775 support on eurus. Will see how it holds up here.
Reversed long on weekly support.
The trend is a better friend!
  • #323,952
  • Sep 10, 2012 7:44am Sep 10, 2012 7:44am
Quoting Ill-b-back
I apologise, that could have been my fault

Just kidding
I knew someone in this room was behind that ...lol -
  • #323,953
  • Sep 10, 2012 7:49am Sep 10, 2012 7:49am
Updated EUR weekly chart. Seems trend will continue here.
Attached Image (click to enlarge)
Click to Enlarge Name: updatedeuwkly.jpg Size: 75 KB
The trend is a better friend!
  • #323,954
  • Sep 10, 2012 7:51am Sep 10, 2012 7:51am
gu on a buy
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  • #323,955
  • Sep 10, 2012 7:56am Sep 10, 2012 7:56am
Quoting walkman
gu on a buy
watching this level too.
The trend is a better friend!
  • #323,956
  • Sep 10, 2012 8:14am Sep 10, 2012 8:14am
Quoting redbeben
if we fail 1.5913-17 then we might go deeper 1.5550 and later 1.5390

but who cares

I'll short now a bit 1.5995 TP 1.5945
closing some more

SL updated to + 10

there are more and more chances we see 1.5926-33 to be honest
  • #323,957
  • Sep 10, 2012 8:19am Sep 10, 2012 8:19am
Took first long entry 1.5968. Will buy again at 1.5950/40.
The trend is a better friend!
  • #323,958
  • Sep 10, 2012 8:22am Sep 10, 2012 8:22am
Quoting walkman
gu on a buy
also thinking possible long although how long will this trend line last>?
  • #323,959
  • Sep 10, 2012 8:36am Sep 10, 2012 8:36am
Quoting 42uNe
Updated EUR weekly chart. Seems trend will continue here.
Interesting price level. Favoring buying.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR4h.jpg Size: 42 KB
The trend is a better friend!
  • #323,960
  • Sep 10, 2012 8:47am Sep 10, 2012 8:47am
Quoting redbeben
closing some more

SL updated to + 10

there are more and more chances we see 1.5926-33 to be honest
4 hr demand wants to be my Hero , Red ..
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