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Cable Update (GBPUSD)

  • #326,801
  • Oct 15, 2012 2:54am Oct 15, 2012 2:54am
unless i am absolutely mistaken, is there any reason for this sudden Demand in GBPUSD?? i see no news and i see not patter in play.... might just be to take out 1.6050 stops before the decline.... but H1 looks scary....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,802
  • Oct 15, 2012 3:30am Oct 15, 2012 3:30am
Quoting bguguen
unless i am absolutely mistaken, is there any reason for this sudden Demand in GBPUSD?? i see no news and i see not patter in play.... might just be to take out 1.6050 stops before the decline.... but H1 looks scary....
broken line POSSIBLE signal to go down.
But break wasn't very nice
Attached Image (click to enlarge)
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  • #326,803
  • Oct 15, 2012 3:31am Oct 15, 2012 3:31am
Quoting walkman
broken line POSSIBLE signal to go down.
But break wasn't very nice
Yes yes... i see whats going on... its Monday and orders are being filled to the Topside..... and these are huge sell orders.... as soon as these offers are done, market may drive GU down and break that trendline of yours...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,804
  • Oct 15, 2012 3:34am Oct 15, 2012 3:34am
Quoting walkman
broken line POSSIBLE signal to go down.
But break wasn't very nice
Walkman,

That's a nice chat as well as clear comments...

Hope your guess is right... for the down move
  • #326,805
  • Oct 15, 2012 3:36am Oct 15, 2012 3:36am
Quoting bguguen
Yes yes... i see whats going on... its Monday and orders are being filled to the Topside..... and these are huge sell orders.... as soon as these offers are done, market may drive GU down and break that trendline of yours...

Im thinking if we touch 6070 we may see a drop there, there was a good area of supply there last week for 30 pips so maybe then it might kick start!!
Trading comes quickly, patience and discipline does not!
  • #326,806
  • Oct 15, 2012 3:38am Oct 15, 2012 3:38am
Quoting Daddypips
Im thinking if we touch 6070 we may see a drop there, there was a good area of supply there last week for 30 pips so maybe then it might kick start!!
the thing is.... i didnt know what was going on for the past few hours until i realized its monday and top orders are being filled....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #326,807
  • Oct 15, 2012 3:39am Oct 15, 2012 3:39am
Usual rise and dip when the market opens for the week, and then the recovery/rise in anticipation of the US news release. If the news is positive, probably won't see much of an immediate pullback - at most 604-5ish, but if negative, perhaps can test 61 again.
overall anticipating mostly news out of UK for this week, am thinking perhaps overall bearish for gbpusd this week?
  • #326,808
  • Oct 15, 2012 3:42am Oct 15, 2012 3:42am
Quoting Daddypips
Im thinking if we touch 6070 we may see a drop there, there was a good area of supply there last week for 30 pips so maybe then it might kick start!!

I think GU will star drop (if will star drop) together with EU.

Eu i see like this
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  • #326,809
  • Oct 15, 2012 3:51am Oct 15, 2012 3:51am
The 1.607 looks like a great area to short for a move back down to 1.591 PA looks to be slowing down as well but BOE minutes on Wed could shift the whole game around it seems like they are talking about no stimulus this time around which could be supportive for pound
  • #326,810
  • Oct 15, 2012 4:01am Oct 15, 2012 4:01am
Personally I can see 5921 this week and then a retrace back to 6024. Thats my plan anyway!
Trading comes quickly, patience and discipline does not!
  • #326,811
  • Oct 15, 2012 4:09am Oct 15, 2012 4:09am
Quoting walkman
I think GU will star drop (if will star drop) together with EU.

Eu i see like this
Similar outlook. Ive already stated Im waiting to 1.3010 - 1.3020 before considering shorts on eurusd.

Nice charts bro. Simple, clean, effective.
  • #326,812
  • Oct 15, 2012 4:16am Oct 15, 2012 4:16am
hello
i want to buy gbpusd from:1.6056
tp:1.6100.
sl:1.6034
good luck
http://www.8pic.ir/images/5b82eaqhzfuswd2k14r.gif
  • #326,813
  • Oct 15, 2012 5:06am Oct 15, 2012 5:06am
Quoting ashkan30769
hello
i want to buy gbpusd from:1.6056
tp:1.6100.
sl:1.6034
good luck
http://www.8pic.ir/images/5b82eaqhzfuswd2k14r.gif
yup... i will sell on 1.6110 and go loong trow
  • #326,814
  • Oct 15, 2012 5:08am Oct 15, 2012 5:08am
ok , next 6081 or now decide for near next . watching gold also, ok for more down & action too.
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu2.gif Size: 18 KB
Click to Enlarge Name: gold1.gif Size: 17 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #326,815
  • Oct 15, 2012 5:12am Oct 15, 2012 5:12am
signals to sell
i expect some move up, not big, then sell
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  • #326,816
  • Oct 15, 2012 5:32am Oct 15, 2012 5:32am
Quoting bguguen
the thing is.... i didnt know what was going on for the past few hours until i realized its monday and top orders are being filled....
aha
  • #326,817
  • Oct 15, 2012 5:38am Oct 15, 2012 5:38am
Quoting walkman
signals to sell
i expect some move up, not big, then sell
ok . lets see .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #326,818
  • Oct 15, 2012 5:52am Oct 15, 2012 5:52am
Quoting Freshpips
Similar outlook. Ive already stated Im waiting to 1.3010 - 1.3020 before considering shorts on eurusd.

Nice charts bro. Simple, clean, effective.
2990 for 20 pips first
  • #326,819
  • Oct 15, 2012 5:59am Oct 15, 2012 5:59am
Quoting redbeben
2990 for 20 pips first
Eurusd gone flat... To be honest not sure where its going next. Whats breaking first 1.2955 or 1.2968/9??
  • #326,820
  • Oct 15, 2012 6:00am Oct 15, 2012 6:00am
Quoting Freshpips
Eurusd gone flat... To be honest not sure where its going next. Whats breaking first 1.2955 or 1.2968/9??
Hopefully 1.2968/9 (up to 1.2990 - 1.3010/20) then bears take over...
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