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Cable Update (GBPUSD)

  • #324,661
  • Sep 20, 2012 9:59am Sep 20, 2012 9:59am
Quoting redbeben
I give up

1.6227-12 should hold but it is not a guarantee

we might as well see 1.80 by the end of the day
it gets knocked down, then it goes up again....

IMO 1.6217, but should only be a respite before move further down, unless Merv does some magic in the interval and pulls a couple of rabbits out of the hat
  • #324,662
  • Sep 20, 2012 10:02am Sep 20, 2012 10:02am
place to sell
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  • #324,663
  • Sep 20, 2012 2:18pm Sep 20, 2012 2:18pm
Quoting redbeben
I give up

1.6227-12 should hold but it is not a guarantee
we might as well see 1.80 by the end of the day
now I wait.
  • #324,664
  • Sep 20, 2012 3:20pm Sep 20, 2012 3:20pm
.
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Come with me if you want to live....
  • #324,665
  • Sep 20, 2012 3:53pm Sep 20, 2012 3:53pm
Quoting redbeben
AUD signals 1.0432....
entry 1.0378-80 ( 1.0379 the precise entry) SL 1.0373 and tp the one above
I did not jump in on this but price reached TP
now next stop is 1.0468 and with a bit of luck we might see 1.0500-04 again but for this we need to close above 1.0432....so let's say the only good to be touched level is 0468.

anyway night is comming and tmr is Friday.probably over night we will have downtrend continuation on all pairs on a USD cross like GU,EU and AU

time will tell
I will place a pending short 1.0468 SL 1.0547 and TP 1.02

have a good night sleep and have a great weekend in case we don't hear eachother
  • #324,666
  • Sep 20, 2012 7:05pm Sep 20, 2012 7:05pm
How about long from here? Chart look promising. The SL will be below 50 fib. Hmmmm, let see how it work ..
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Go figure.. Simplicity work
  • #324,667
  • Sep 20, 2012 7:40pm Sep 20, 2012 7:40pm
Quoting tokwanden
How about long from here? Chart look promising. The SL will be below 50 fib. Hmmmm, let see how it work ..
But Your Flat trend Indicator says " SELL " ...
so , am selling ....
  • #324,668
  • Sep 20, 2012 7:42pm Sep 20, 2012 7:42pm
Quoting tokwanden
How about long from here? Chart look promising. The SL will be below 50 fib. Hmmmm, let see how it work ..
Personally, I see a Short opportunity on your chart, price back to 50% Fib in London Section, then 61.8 in NY opening, possibly
  • #324,669
  • Sep 20, 2012 8:32pm Sep 20, 2012 8:32pm
Quoting taomql4
But Your Flat trend Indicator says " SELL " ...
so , am selling ....
Indeed!!
Go figure.. Simplicity work
  • #324,670
  • Sep 20, 2012 11:38pm Sep 20, 2012 11:38pm
Quoting tokwanden
How about long from here? Chart look promising. The SL will be below 50 fib. Hmmmm, let see how it work ..
TP hit I'm done. See u guys on London open
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Go figure.. Simplicity work
  • #324,671
  • Sep 20, 2012 11:48pm Sep 20, 2012 11:48pm
Quoting tokwanden
TP hit I'm done. See u guys on London open
Well done
Come with me if you want to live....
  • #324,672
  • Sep 21, 2012 12:01am Sep 21, 2012 12:01am
Quoting Ill-b-back
Well done
Thx mate Lucky I think:nerd:.. Going to hv short nap before London open
Go figure.. Simplicity work
  • #324,673
  • Sep 21, 2012 1:03am Sep 21, 2012 1:03am
AND GU and Eu on sell
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  • #324,674
  • Sep 21, 2012 1:16am Sep 21, 2012 1:16am
Last 14 hours has now seen on H4 chart, a higher low and anywhere above 729 will be classed as a higher high (almost hit), so I think I will wait to see if that is breached before looking at a potential short.
  • #324,675
  • Sep 21, 2012 1:44am Sep 21, 2012 1:44am
Is it posible gbpusd will brake april high on 6300?
why gbpusd keep going up,...
  • #324,676
  • Sep 21, 2012 1:46am Sep 21, 2012 1:46am
Quoting ricardokk22
Is it posible gbpusd will brake april high on 6300?
why gbpusd keep going up,...
Why not?
  • #324,677
  • Sep 21, 2012 1:59am Sep 21, 2012 1:59am
Quoting gavalar
Why not?
Why not indeed.
If i understand the recent news correctly, the Fed is extending their money printing indefinitely.

Look out if they decide to throw money at Europe also.
The sky is the limit.

ALL HAIL THE EURO!!!!!!

Come with me if you want to live....
  • #324,678
  • Sep 21, 2012 2:06am Sep 21, 2012 2:06am
I'm long from 5862 on a tiny $400 swing trade test account (used to be $500 but I dabbled with daytrading also), it's Friday arvo, I'm finished work, Rugby League finals are on and I'm onto my 2nd Boubon & Coke, so I don't really give a toss. I'm going to have a good time regardless of what happens next

Have fun everyone
Come with me if you want to live....
  • #324,679
  • Sep 21, 2012 2:14am Sep 21, 2012 2:14am
Quoting Ill-b-back
I'm long from 5862 on a tiny $400 swing trade test account (used to be $500 but I dabbled with daytrading also), it's Friday arvo, I'm finished work, Rugby League finals are on and I'm onto my 2nd Boubon & Coke, so I don't really give a toss. I'm going to have a good time regardless of what happens next

Have fun everyone
enjoy
  • #324,680
  • Sep 21, 2012 2:26am Sep 21, 2012 2:26am
Quoting redbeben
ss like GU,EU and AU

time will tell
I will place a pending short 1.0468 SL 1.0547 and TP 1.02

have a good night sleep and have a great weekend in case we don't hear eachother
now unfolding

EU touched my TP on long @ 1.2995 (I bailed out @ BE before dropping to 1.2918 first)and now a short was triggered up there

same old 1.2805 TP

SL above @ 1.3047
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