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Cable Update (GBPUSD)

  • #329,201
  • Nov 7, 2012 6:56am Nov 7, 2012 6:56am
for people wondering why is the Dollar Gaining Everywhere.... well come on.... guys for Weeks even months the dollar has been in confusion due to the elections but there were signs of Dollar Strength..... Now that a president comes through, regardless if its romney or obama... the Dollar can Finally settle any doubts and uncertainty... now the Dollar can gain!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #329,202
  • Nov 7, 2012 6:58am Nov 7, 2012 6:58am
I know its not the correct thread, but just FYI nice looking H&S forming on daily on GBPAUD. Currently sitting on 50% fibo from lows of 7/8/12 @ 1.4710 to 9/10/12 @ 1.5885

Potential 300+ pip bullish move to complete 2nd shoulder, would provide very good R:R...

Just a heads up... Trade as you see it.
  • #329,203
  • Nov 7, 2012 6:59am Nov 7, 2012 6:59am
Quoting nAVIN2007
no chance oops u want just 10 pips..theres every chance..

edit:- but the candle is a bear..so its unlikely
if u say...


actualy i closed because it went to many down from the line.
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  • #329,204
  • Nov 7, 2012 7:15am Nov 7, 2012 7:15am
i have a pending short at 1.5950 aiming TP 1.5920.
1.5950 is a short support which is being active since 15days.
  • #329,205
  • Nov 7, 2012 7:21am Nov 7, 2012 7:21am
Quoting walkman
if u say...


actualy i closed because it went to many down from the line.

no need for the bow.. we all the same..
yur chart show good ideas..and good thinking
  • #329,206
  • Nov 7, 2012 7:23am Nov 7, 2012 7:23am
bloody euro is going well..come on pound
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  • #329,207
  • Nov 7, 2012 7:24am Nov 7, 2012 7:24am
Quoting fxtyrant
for people wondering why is the Dollar Gaining Everywhere.... well come on.... guys for Weeks even months the dollar has been in confusion due to the elections but there were signs of Dollar Strength..... Now that a president comes through, regardless if its romney or obama... the Dollar can Finally settle any doubts and uncertainty... now the Dollar can gain!
Agree !
  • #329,208
  • Nov 7, 2012 7:30am Nov 7, 2012 7:30am
Quoting nAVIN2007
bloody euro is going well..come on pound
NAV!!! i havent loaded enough... GBPUSD missed my big chance to load more on a pending short at 1.6050

ARGH!!!!
nvmd... atleast my 1.60 short doing well ;/ but its small size
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #329,209
  • Nov 7, 2012 7:37am Nov 7, 2012 7:37am
Quoting fxtyrant
NAV!!! i havent loaded enough... GBPUSD missed my big chance to load more on a pending short at 1.6050

ARGH!!!!
nvmd... atleast my 1.60 short doing well ;/ but its small size
this is why sometime i dont exit..cause if i think it is down theres no point..i will just enter again and have simpler risk..only way round this is go in much bigger but im not that precise
  • #329,210
  • Nov 7, 2012 7:39am Nov 7, 2012 7:39am
Quoting nAVIN2007
this is why sometime i dont exit..cause if i think it is down theres no point..i will just enter again and have simpler risk..only way round this is go in much bigger but im not that precise
Nav my target is 1.5914 again. it trapped me last time over there. this time I am coming for it.
  • #329,211
  • Nov 7, 2012 7:41am Nov 7, 2012 7:41am
Quoting fxtyrant
NAV!!! i havent loaded enough... GBPUSD missed my big chance to load more on a pending short at 1.6050

ARGH!!!!
nvmd... atleast my 1.60 short doing well ;/ but its small size
well one thing I have learned only keep stoplosses at those round number levels such as 00,50,75,25 etc. buying or selling do between 02-08 my personal experience
  • #329,212
  • Nov 7, 2012 7:42am Nov 7, 2012 7:42am
Quoting nAVIN2007
bloody euro is going well..come on pound
relax Nav give time for the americans to load some shorts.
  • #329,213
  • Nov 7, 2012 7:42am Nov 7, 2012 7:42am
Quoting zoomfire
i have a pending short at 1.5950 aiming TP 1.5920.
1.5950 is a short support which is being active since 15days.
it will be hit today and target as well
  • #329,214
  • Nov 7, 2012 7:43am Nov 7, 2012 7:43am
Quoting Bones
Market telling you somthing ?
just TL which was to weak to hold...

even to weak to bounce.
  • #329,215
  • Nov 7, 2012 7:44am Nov 7, 2012 7:44am
Quoting Freshpips
I know its not the correct thread, but just FYI nice looking H&S forming on daily on GBPAUD. Currently sitting on 50% fibo from lows of 7/8/12 @ 1.4710 to 9/10/12 @ 1.5885

Potential 300+ pip bullish move to complete 2nd shoulder, would provide very good R:R...

Just a heads up... Trade as you see it.
so u think it will go back to 1.6250 and whereabouts is it? let me tell you this yoyo moves may not work everytime. this time if it breaks 1.5950, 1.5914 first and then 1.5870-1.5850
  • #329,216
  • Nov 7, 2012 7:52am Nov 7, 2012 7:52am
fibo 23
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  • #329,217
  • Nov 7, 2012 7:54am Nov 7, 2012 7:54am
Quoting Nachiket
Nav my target is 1.5914 again. it trapped me last time over there. this time I am coming for it.
if it goes there it will go lower
  • #329,218
  • Nov 7, 2012 7:56am Nov 7, 2012 7:56am
Quoting Nachiket
so u think it will go back to 1.6250 and whereabouts is it? let me tell you this yoyo moves may not work everytime. this time if it breaks 1.5950, 1.5914 first and then 1.5870-1.5850

Not cable dude, I said GBPAUD.

I know its wrong thread but was just a heads up to see what anyone else thought about setup...
  • #329,219
  • Nov 7, 2012 7:58am Nov 7, 2012 7:58am
Quoting Nachiket
so u think it will go back to 1.6250 and whereabouts is it? let me tell you this yoyo moves may not work everytime. this time if it breaks 1.5950, 1.5914 first and then 1.5870-1.5850
hes talking about GBPAUD, not GU
  • #329,220
  • Nov 7, 2012 7:59am Nov 7, 2012 7:59am
Quoting Freshpips
Not cable dude, I said GBPAUD.

I know its wrong thread but was just a heads up to see what anyone else thought about setup...
and by the way, could be a good shout
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