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Cable Update (GBPUSD)

  • #328,041
  • Oct 24, 2012 6:58am Oct 24, 2012 6:58am
Quoting maximinus
1.6020 the level to watch closely everything will move around this number:-)

http://www.youtube.com/watch?v=pEjvbJW_G4E
One thing that doesnt make sense to me today is the PA.... its not making sense to me seeign GBPUSD flying up so hard

The dancer is gorgeous... not Modelling HOT but still gorgeous.... perfect body, not too fat not too skinny....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,042
  • Oct 24, 2012 6:58am Oct 24, 2012 6:58am
Quoting maximinus
1.6020 the level to watch closely everything will move around this number:-)

http://www.youtube.com/watch?v=pEjvbJW_G4E
We'll see 1.60500 today.
  • #328,043
  • Oct 24, 2012 7:01am Oct 24, 2012 7:01am
Quoting dav7
We'll see 1.60500 today.
all of a sudden the bulls come out of their caves not realizing we made a lower lows...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,044
  • Oct 24, 2012 7:04am Oct 24, 2012 7:04am
Quoting fxtyrant
all of a sudden the bulls come out of their caves not realizing we made a lower lows...
Time will tell, think about lower-low but with hidden bullish divergence
  • #328,045
  • Oct 24, 2012 7:04am Oct 24, 2012 7:04am
Quoting fxtyrant
all of a sudden the bulls come out of their caves not realizing we made a lower lows...
Something I have noticed many times once this pair starts dropping or rising in a significant way such as yesterday, the 4hr 55ema (or 1 hr 200ema), often act as a rough guide for containment.
Come with me if you want to live....
  • #328,046
  • Oct 24, 2012 7:05am Oct 24, 2012 7:05am
Quoting fxtyrant
One thing that doesnt make sense to me today is the PA.... its not making sense to me seeign GBPUSD flying up so hard


And some of us, shorting the pair, reversing since 5950 held... That's why it is so bullish. If all the profit taking orders at 6020 are degluted, this will jump to next level, around 6050-6060.
  • #328,047
  • Oct 24, 2012 7:08am Oct 24, 2012 7:08am
Quoting fxtyrant
all of a sudden the bulls come out of their caves not realizing we made a lower lows...
Just a play off 4hr channel I think.
I really don't think it will drop again today, but tomorrow I think
Come with me if you want to live....
  • #328,048
  • Oct 24, 2012 7:09am Oct 24, 2012 7:09am
Quoting Ill-b-back
Just a play off 4hr channel I think.
I really don't think it will drop again today, but tomorrow I think
nah i think itll drop but in New york aftermarket...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,049
  • Oct 24, 2012 7:09am Oct 24, 2012 7:09am
GBP bounced off strong support level of 1.5909.
  • #328,050
  • Oct 24, 2012 7:11am Oct 24, 2012 7:11am
Quoting nahman
GBP bounced off strong support level of 1.5909.
The 38.2 fibo to the pip on my platform.
Come with me if you want to live....
  • #328,051
  • Oct 24, 2012 7:14am Oct 24, 2012 7:14am
not nessassarly buying makes a chart go up



Quoting fxtyrant
all of a sudden the bulls come out of their caves not realizing we made a lower lows...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,052
  • Oct 24, 2012 7:21am Oct 24, 2012 7:21am
Quoting TauTrader
Will be interesting to observe. Upward pressure will probably remain for the next few hours. 1.5960/59 is the area to watch to the downside and 1.6008 to the upside.

all the best

Regards
Good day,

At topside number posted earlier. Could 1.6008 now be support?

Regards
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  • #328,053
  • Oct 24, 2012 7:23am Oct 24, 2012 7:23am
Quoting albchr
Yep, we have a bit more upside me thinks sir. IF it can through 5988. Should be a bit of R now.

I'll be looking around 6060/80ish for shorts but a lot of noise today. Might be a good scalping day all in all.
LOL.... If it even gets there.
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Ghost Rider - WWTBMD?
  • #328,054
  • Oct 24, 2012 7:26am Oct 24, 2012 7:26am
Quoting TauTrader
Good day,

At topside number posted earlier. Could 1.6008 now be support?

Regards
Could it be a resistance in the waiting?? do becareful of closes below....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,055
  • Oct 24, 2012 7:33am Oct 24, 2012 7:33am
I mean that looks like selling to me ,crunch time

Quoting Bones
not nessassarly buying makes a chart go up
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,056
  • Oct 24, 2012 7:33am Oct 24, 2012 7:33am
Quoting Bones
not nessassarly buying makes a chart go up
Sure, selling makes it... LOL
  • #328,057
  • Oct 24, 2012 7:39am Oct 24, 2012 7:39am
closing sells does

Quoting elizo
Sure, selling makes it... LOL
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,058
  • Oct 24, 2012 7:42am Oct 24, 2012 7:42am
Quoting Bones
closing sells does
Which is buying ;-)
  • #328,059
  • Oct 24, 2012 7:45am Oct 24, 2012 7:45am
lol ,you need to work that out yourself anyway your in top 5% so I guess you know how to do !
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #328,060
  • Oct 24, 2012 7:47am Oct 24, 2012 7:47am
Closing shorts is not buying?
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