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Cable Update (GBPUSD)

  • #328,341
  • Oct 25, 2012 11:56am Oct 25, 2012 11:56am
4H close in 5 minutes here will tell us much me thinks. But I think we have a bit more upside for GU. Just a gut feeling...LOL
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #328,342
  • Oct 25, 2012 11:56am Oct 25, 2012 11:56am
i have one probable move for euro$ retest of 2985/86 then down to 2892 then up or here is tricky part because 2914 breaks the up daily demand line
Attached Image (click to enlarge)
Click to Enlarge Name: move.png Size: 62 KB
Learning Requires Failure
  • #328,343
  • Oct 25, 2012 11:59am Oct 25, 2012 11:59am
Quoting albchr
Yeah I'm being careful here. That last hour engulfer closed dead on the close of the hour bar 8 hours ago. Well, 61171 close 8 hours ago, just over 50% fib @ 61104 and last hour closed 61173 (pretty close to dead on...lol)

Now this hour so far stops dead at the 50% ? Hmmm??? LOL

Sorry no chart...taking care of Mom.
Sorry about no chart before but these are the 1H bars and fib I was looking at. That big ole bullish one 9 hours ago is acting as support IMHO. Trying a small long here.

Trying to prepare for the huricane coming... probably hit Tuesday or so.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_1h.gif Size: 15 KB
Ghost Rider - WWTBMD?
  • #328,344
  • Oct 25, 2012 12:00pm Oct 25, 2012 12:00pm
and.. I'm out.

Life in the old girl yet, unfortunately.
  • #328,345
  • Oct 25, 2012 12:01pm Oct 25, 2012 12:01pm
Quoting tirmizi
i have one probable move for euro$ retest of 2985/86 then down to 2892 then up or here is tricky part because 2914 breaks the up daily demand line
Good day,

Yes - I believe 1.2983 again. From where - I do not know.

Regards
  • #328,346
  • Oct 25, 2012 12:11pm Oct 25, 2012 12:11pm
Quoting albchr
4H close in 5 minutes here will tell us much me thinks. But I think we have a bit more upside for GU. Just a gut feeling...LOL
correct gut feeling, dotted down line in the chart is on the closing 4hr prices and prices broke that and now closed above that i dont know if its real of fake only time will tell and supp/res/supp scenario is also there in the up demand line

click on the chart for larger view
Attached Image (click to enlarge)
Click to Enlarge Name: move.png Size: 51 KB
Learning Requires Failure
  • #328,347
  • Oct 25, 2012 12:44pm Oct 25, 2012 12:44pm
Quoting TauTrader
Good day,

Yes - I believe 1.2983 again. From where - I do not know.

Regards
yes sir very much thank you! you too 2 have good night

USDOLLAR is recovering which i think is probable sad for bulls

GOLD is also capping below 1719 in this current wave 4 daily down which can go as low as 1650 for deeper retrace
because wave 2 was simple shallow retrace

good luck
Attached Image (click to enlarge)
Click to Enlarge Name: move.png Size: 49 KB
Learning Requires Failure
  • #328,348
  • Oct 25, 2012 12:53pm Oct 25, 2012 12:53pm
Quoting Typeface
and.. I'm out.

Life in the old girl yet, unfortunately.


I'm still in...
  • #328,349
  • Oct 25, 2012 12:53pm Oct 25, 2012 12:53pm
Quoting tirmizi
yes sir very much thank you! you too 2 have good night

USDOLLAR is recovering which i think is probable sad for bulls

GOLD is also capping below 1719 in this current wave 4 daily down which can go as low as 1650 for deeper retrace
because wave 2 was simple shallow retrace

good luck
1674 as next stop for me but yep...Agree.

I'll take 1650 though
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd_4h.gif Size: 17 KB
Ghost Rider - WWTBMD?
  • #328,350
  • Oct 25, 2012 1:06pm Oct 25, 2012 1:06pm
Quoting bbakker
Organising our get together with Azim in London or he has run to the hills chased by the bulls
Oh so ur gona be part of the meetup guys?? Im gona be there
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,351
  • Oct 25, 2012 1:09pm Oct 25, 2012 1:09pm
Quoting bbakker


I'm still in...
Haha, lucky you. I got stopped out, actually, by the inevitable 1 or 2 pips. This means, of course, that it will now career downhill faster than Jimmy Savile's reputation. Hold on to your hat!
  • #328,352
  • Oct 25, 2012 1:19pm Oct 25, 2012 1:19pm
Quoting albchr
1674 as next stop for me but yep...Agree.

I'll take 1650 though

lol i have a also two shots from 1793 and 1795 i had took profit 1st at 1707 and 2nd one is jogging down the hill , next stop is correct 1774 but...

you know its GOLD... and i heard commercials and manipulators are heavily short
Learning Requires Failure
  • #328,353
  • Oct 25, 2012 1:21pm Oct 25, 2012 1:21pm
Quoting Typeface
Haha, lucky you. I got stopped out, actually, by the inevitable 1 or 2 pips. This means, of course, that it will now career downhill faster than Jimmy Savile's reputation. Hold on to your hat!
lol

I doubt it. This pair can be tricky but at the moment I would rather short here. Could be wrong but it is worth the risk with some bearish signs on the h1.
  • #328,354
  • Oct 25, 2012 1:33pm Oct 25, 2012 1:33pm
Quoting bbakker
lol

I doubt it. This pair can be tricky but at the moment I would rather short here. Could be wrong but it is worth the risk with some bearish signs on the h1.
Tricky as hell. And relentless. Still, I'm looking for another opportunity to short, too. It seems to me cable has a habit of pushing the envelope about as far as possible before finally caving in. You know, just as you give up all hope, and abandon your position.
  • #328,355
  • Oct 25, 2012 2:01pm Oct 25, 2012 2:01pm
Quoting Typeface
Tricky as hell. And relentless. Still, I'm looking for another opportunity to short, too. It seems to me cable has a habit of pushing the envelope about as far as possible before finally caving in. You know, just as you give up all hope, and abandon your position.
I really would like to see a break of 1.6110 before NY close and maybe Asia taking it back to the daily pivot. That would be a nice scenario but I've done this long enough to know that anything can happen. I'm not going to lose any sleep over it and see what the outcome is tomorrow before Frankie open.

Goodnight and god bless!
  • #328,356
  • Oct 25, 2012 2:14pm Oct 25, 2012 2:14pm
ni'night.
  • #328,357
  • Oct 25, 2012 2:21pm Oct 25, 2012 2:21pm
Quoting fxtyrant
But then gunpowder treason is coming... i wonder if Ill-b-back has anything planned maybe not to blow up the parliament but maybe assasinate a leader perhaps?


I'll send you a PM...

Come with me if you want to live....
  • #328,358
  • Edited Oct 26, 2012 12:08am Oct 25, 2012 3:21pm | Edited Oct 26, 2012 12:08am
Scratching an "ICH" to 1.6090 (just trying something I have noticed).

Stop above todays high.

TP adjusted to 1.61
Come with me if you want to live....
  • #328,359
  • Oct 25, 2012 6:16pm Oct 25, 2012 6:16pm
Quoting fxtyrant
I SAY EU UP AND GBP DOWN... WHY?? i think i posted a chart about how EURGBP is about to meet Support??

you be the judge... if that Blue EMA acts well as a support.. we can see EURGBP back up to that RED EMA 200
Attachment
Okay so... EURGBP has reached teh EMA55 as i suggested... now if this EMA55 supported by an upwards trendline as see in the picture could cause a reaction... we could see EURGBP moving back up to test EMA200 as it usually does (as EMA55 is below EMA 200),
if this is the case... we may see either EURO tanking but GBP HARDER.... OR... EURO flying and GBP creeping up slower....
My take is EURO UP and GBP Down.... so heres where i say GBPUSD will tank and EURUSD is probably gona sit around here and consolidate....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #328,360
  • Oct 26, 2012 12:59am Oct 26, 2012 12:59am
Quoting Ill-b-back
Scratching an "ICH" to 1.6090 (just trying something I have noticed).

Stop above todays high.

TP adjusted to 1.61
Closed for 10.
Come with me if you want to live....
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