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Cable Update (GBPUSD)

  • #327,201
  • Oct 18, 2012 3:28am Oct 18, 2012 3:28am
base on the 4h chart it's seem this pair is making a wave 4 swing down and the swing up will be end at 16200 area ..... let see what will happen after the news released
  • #327,202
  • Oct 18, 2012 3:33am Oct 18, 2012 3:33am
And.... good data had to come out now to fuck with us....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #327,203
  • Oct 18, 2012 3:34am Oct 18, 2012 3:34am
Quoting bguguen
And.... good data had to come out now to fuck with us....
wait for the top, trend is down, gives another opportunity to load some more?
  • #327,204
  • Oct 18, 2012 3:35am Oct 18, 2012 3:35am
sell place
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  • #327,205
  • Oct 18, 2012 3:38am Oct 18, 2012 3:38am
Holy shit, I just gapped up on the 15 min chart.
Hard to believe them figures.

Say it, say it...
Come with me if you want to live....
  • #327,206
  • Oct 18, 2012 3:41am Oct 18, 2012 3:41am
Quoting bguguen
And.... good data had to come out now to fuck with us....
Yes all of a sudden all fudged data is coming. now i am really confused about this pair. where does it want to head. 1.6100 and below or 1.6180 and above.
  • #327,207
  • Oct 18, 2012 3:50am Oct 18, 2012 3:50am
Obviously not a good week to go long ... look at weekly chart
  • #327,208
  • Oct 18, 2012 3:53am Oct 18, 2012 3:53am
Sorry i mean ... no more short on GU for me this week.
  • #327,209
  • Oct 18, 2012 3:54am Oct 18, 2012 3:54am
Quoting Forexgogo
Got in. TP 1.610 SL 1.618
As soon as it hits the upward TL, SL=BE
Out -- BE. The 3-week down tread is still intact, but no longer worth riding (PA is too shaky).
  • #327,210
  • Oct 18, 2012 3:54am Oct 18, 2012 3:54am
1h chart shown another pattern like yesterday ..... a bullish engulfing pattern again for today news .... it going up again to retest the trendline
  • #327,211
  • Oct 18, 2012 3:55am Oct 18, 2012 3:55am
Quoting tunera
watch out cable...!
you OK http://www.pic4ever.com/images/129fs916747.gif
  • #327,212
  • Oct 18, 2012 3:56am Oct 18, 2012 3:56am
hope will hold and gu and eu have sell place
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  • #327,213
  • Oct 18, 2012 3:59am Oct 18, 2012 3:59am
Quoting iCarumba
Obviously not a good week to go long ... look at weekly chart
Weekly looking good to short to me. EMA 200 needs to be breached and we are at resistance. Short loaded 1.61580, 30 pip sl
  • #327,214
  • Oct 18, 2012 4:01am Oct 18, 2012 4:01am
Quoting PoundTrader
you OK http://www.pic4ever.com/images/129fs916747.gif


Shit I'd love to know where you get these from.

I'm playing around with linear regression channels with small size to try it out as an experiment.

Let's see...

I'm starting dinner then a very early night to bed.

Green pips to all including me I hope...

good night all.
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Come with me if you want to live....
  • #327,215
  • Oct 18, 2012 4:14am Oct 18, 2012 4:14am
Good Retail sales data.
Uptrend resumption.
1.6300 back in focus.
Long from 1.6130
  • #327,216
  • Oct 18, 2012 4:31am Oct 18, 2012 4:31am
Here is my forecast on today: BUY If the price breaks resistance level 1.61743 bullish movement will continue. The aim of such movement is the level 1.62354, with the following move up to the level 1.62964. SELL If the price breaks support level 1.61133 bearish movement will start. The aim of such movement is the level 1.60522 with the following move down to the level 1.59912. Have a good day.
  • #327,217
  • Oct 18, 2012 4:36am Oct 18, 2012 4:36am
Quoting gavalar
Weekly looking good to short to me. EMA 200 needs to be breached and we are at resistance. Short loaded 1.61580, 30 pip sl
thats a risky price bro. i would watch 1.6175 closely now
  • #327,218
  • Oct 18, 2012 4:37am Oct 18, 2012 4:37am
ok , looking for bo again .6178-6115 range then before decision further .
gold ok , gu, au & eu taking some action , probably false in nature at least for short time but more room for up there though .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #327,219
  • Oct 18, 2012 4:38am Oct 18, 2012 4:38am
Quoting Nachiket
thats a risky price bro. i would watch 1.6175 closely now
thanks for the concern Nach, but its worth the risk. I will move to BE as soon as possible.
  • #327,220
  • Oct 18, 2012 4:53am Oct 18, 2012 4:53am
Finally gu hit the trendline again and now we have to watch closely if the price manage to break the top or it will retrace back down more then 50% of the swing up by 1h and if that happen mean a butterfly pattern will unfold at 16200 plus wave 5 level at the 4h chart .....
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