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Cable Update (GBPUSD)

  • #328,601
  • Oct 30, 2012 7:27am Oct 30, 2012 7:27am
Quoting nAVIN2007
tank means fall..tank is heavy no?

deep RoT is essential for everlasting happyness
  • #328,602
  • Oct 30, 2012 7:30am Oct 30, 2012 7:30am
Does anybody have an idea what will the US session look like?
  • #328,603
  • Oct 30, 2012 7:35am Oct 30, 2012 7:35am
Quoting fxklemen
Does anybody have an idea what will the US session look like?
Probably flat and below average liquidity as the NYSE is closed.

Very busy today and no time. You take a day off and the next day all the shat hits the fin.
  • #328,604
  • Oct 30, 2012 7:42am Oct 30, 2012 7:42am
Quoting fxklemen
Does anybody have an idea what will the US session look like?


just a guess
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  • #328,605
  • Oct 30, 2012 7:43am Oct 30, 2012 7:43am
Quoting Nachiket
how was your month trading wise?
October has been good to me - thank you for asking -but still too many simple errors I need to sort out. Patience is a problem. How has your month been? Regards
  • #328,606
  • Oct 30, 2012 7:56am Oct 30, 2012 7:56am
Quoting walkman


just a guess
i guess the price will go a little more and then fall down.because the nearby resistance is 1.6130.for me as safer side i aim for 1.6100
  • #328,607
  • Oct 30, 2012 8:00am Oct 30, 2012 8:00am
Quoting zoomfire
i guess the price will go a little more and then fall down.because the nearby resistance is 1.6130.for me as safer side i aim for 1.6100
16193 here which is WR1 on my chart, currently long from WPP at 16053 this "should" be a normal movement between pivots.
16083 ahead, important intraday line imo.
swing it!
  • #328,608
  • Oct 30, 2012 8:04am Oct 30, 2012 8:04am
sold
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  • #328,609
  • Oct 30, 2012 8:21am Oct 30, 2012 8:21am
Quoting walkman
sold
A bit early IMO. GU 1min.
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Don't be smart. Be rich.
  • #328,610
  • Oct 30, 2012 8:23am Oct 30, 2012 8:23am
hi this could be the case i am min looking for 6100/6110 for any potential quick scalp short
Learning Requires Failure
  • #328,611
  • Oct 30, 2012 8:27am Oct 30, 2012 8:27am
Good day, 1.6080 touched - went long. For some strange reason - I can not add attachments at this point.... Regards
  • #328,612
  • Oct 30, 2012 8:30am Oct 30, 2012 8:30am
Quoting tirmizi
hi this could be the case i am min looking for 6100/6110 for any potential quick scalp short
Hi,
this north move could be a powerful one and reach (may be) 6150 and even 6250. I'm scrutinizing my 1min chart for any weakeness and short it, but no signal for now.
Don't be smart. Be rich.
  • #328,613
  • Oct 30, 2012 8:32am Oct 30, 2012 8:32am
Quoting tirmizi
hi this could be the case i am min looking for 6100/6110 for any potential quick scalp short
for little bigger tf like 4 hr i am suspecting an thrusting move up towards 6300
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Learning Requires Failure
  • #328,614
  • Oct 30, 2012 8:37am Oct 30, 2012 8:37am
Quoting maximinus
Hi,
this north move could be a powerful one and reach (may be) 6150 and even 6250. I'm scrutinizing my 1min chart for any weakeness and short it, but no signal for now.
I somehow doubt that...

M15 showing compression going into a nice supply level around the 1.61 handle and weekly open.

I think 1.61 will hold but we shall see.
  • #328,615
  • Oct 30, 2012 8:42am Oct 30, 2012 8:42am
the market had an opportunity to sell, with the h&s, but it refused, saying we want a higher price. We have now, a simili wedge under construction, the price don't want to break the higher tl, if break it's a sign that yes this move is powerful. If no break, it means that we will play in this range waiting for something that would accelerate the movement. But the fact that the price remain scotched to the upper TL doesn't invite me short it for now.
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Don't be smart. Be rich.
  • #328,616
  • Oct 30, 2012 8:43am Oct 30, 2012 8:43am
Quoting bbakker
I somehow doubt that...

M15 showing compression going into a nice supply level around the 1.61 handle and weekly open.

I think 1.61 will hold but we shall see.
You could be right sir.
Don't be smart. Be rich.
  • #328,617
  • Oct 30, 2012 8:44am Oct 30, 2012 8:44am
Quoting maximinus
Hi,
this north move could be a powerful one and reach (may be) 6150 and even 6250. I'm scrutinizing my 1min chart for any weakeness and short it, but no signal for now.
yes very correct sir!

if we have a hourly close above 6110 then i will not look for scalp short till 6175/80
Learning Requires Failure
  • #328,618
  • Oct 30, 2012 9:24am Oct 30, 2012 9:24am
Quoting maximinus
You could be right sir.
Or I could be wrong... only market is always right
  • #328,619
  • Oct 30, 2012 9:26am Oct 30, 2012 9:26am
Quoting TauTrader
Good day, 1.6080 touched - went long. For some strange reason - I can not add attachments at this point.... Regards
OK - sorted out Firefox.

Herewith the chart.

Regards
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  • #328,620
  • Oct 30, 2012 9:36am Oct 30, 2012 9:36am
Quoting bbakker
Or I could be wrong... only market is always right
We all three [you, me and the market] could be wrong
Don't be smart. Be rich.
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