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Cable Update (GBPUSD)

  • #329,221
  • Nov 7, 2012 8:30am Nov 7, 2012 8:30am
Quoting gavalar
and by the way, could be a good shout

+23 already
  • #329,222
  • Nov 7, 2012 8:42am Nov 7, 2012 8:42am
Quoting Freshpips
+23 already
+35 and now trailing
  • #329,223
  • Nov 7, 2012 8:43am Nov 7, 2012 8:43am
Quoting Freshpips
+23 already
keep an eye on gbnz as well
  • #329,224
  • Nov 7, 2012 9:00am Nov 7, 2012 9:00am
Quoting gavalar
keep an eye on gbnz as well

Will do Gav
  • #329,225
  • Nov 7, 2012 9:25am Nov 7, 2012 9:25am
Quoting gavalar
hes talking about GBPAUD, not GU
I dont even seem to have this pair
  • #329,226
  • Nov 7, 2012 9:30am Nov 7, 2012 9:30am
deary me ,hope you guys arnt long

= good aud short
Attached Image (click to enlarge)
Click to Enlarge Name: dow 7-11-12 d1.gif Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #329,227
  • Nov 7, 2012 9:32am Nov 7, 2012 9:32am
Did someone talk about GBPAUD?? i had a bullish divergence signal kicking in, and i longed at 1.5347 to Target 1.5390
expecting a huge selloff from australia tomorrow on the possibly worse than expected jobs reported... and GBP to remain GBP...
as for GBPUSD... its not too much as in GBP weakness... but rather USD strength, so i think GBPAUD long is fine. for 50 pips
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #329,228
  • Nov 7, 2012 9:41am Nov 7, 2012 9:41am
its going to take a few hours but last 8 was bearish..hang tight
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  • #329,229
  • Nov 7, 2012 9:42am Nov 7, 2012 9:42am
Quoting fxtyrant
Did someone talk about GBPAUD?? i had a bullish divergence signal kicking in, and i longed at 1.5347 to Target 1.5390
expecting a huge selloff from australia tomorrow on the possibly worse than expected jobs reported... and GBP to remain GBP...
as for GBPUSD... its not too much as in GBP weakness... but rather USD strength, so i think GBPAUD long is fine. for 50 pips

Im in from 1.5307...

Waiting to take out days high then I think we'll target 1.5440/50 area. If we break that then I can see 1.5490/1.5500
  • #329,230
  • Nov 7, 2012 9:53am Nov 7, 2012 9:53am
Quoting Freshpips
Im in from 1.5307...

Waiting to take out days high then I think we'll target 1.5440/50 area. If we break that then I can see 1.5490/1.5500
good to know my technical analysis is in line with yours
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #329,231
  • Nov 7, 2012 9:59am Nov 7, 2012 9:59am
Quoting gavalar
+35 and now trailing

Hope your still on GBPAUD Gav
  • #329,232
  • Nov 7, 2012 10:02am Nov 7, 2012 10:02am
Quoting fxtyrant
good to know my technical analysis is in line with yours
  • #329,233
  • Nov 7, 2012 10:08am Nov 7, 2012 10:08am
Quoting Freshpips
i have an AUDCHF short if ur interested
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #329,234
  • Nov 7, 2012 10:10am Nov 7, 2012 10:10am
damn went short at 1.5969 depending on 15min fibo but the price started rising. tried to make 15pips but got stuck
can anyone help me and tell whether the price will come down again? i am too nervous to analyse now.
  • #329,235
  • Nov 7, 2012 10:21am Nov 7, 2012 10:21am
Quoting fxtyrant
i have an AUDCHF short if ur interested

Always interested my friend
  • #329,236
  • Nov 7, 2012 10:24am Nov 7, 2012 10:24am
Quoting Freshpips
Always interested my friend
look at my forexfactory trade explorer and see where i entered.... follow that TP and you should win but give this a try at small lots though.... not confident with trading crosses cuz theres no fundies to it.... or difficult to interpret...
but i am thinking that AUDCHF might go down because the Aussie is losing its shine as a safe haven currency to currencies that has made substatial easings like CHF and JPY.... i also have a Signal on AUDJPY but id rather not short that just yet....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #329,237
  • Nov 7, 2012 10:29am Nov 7, 2012 10:29am
Quoting fxtyrant
look at my forexfactory trade explorer and see where i entered.... follow that TP and you should win but give this a try at small lots though.... not confident with trading crosses cuz theres no fundies to it.... or difficult to interpret...
but i am thinking that AUDCHF might go down because the Aussie is losing its shine as a safe haven currency to currencies that has made substatial easings like CHF and JPY.... i also have a Signal on AUDJPY but id rather not short that just yet....

Great stuff, spotted price sitting on upper line of h4 ascending channel on H4 straight away.

Will look into it, thanks.

Whats your most recent bias on cable. Missed the boat on this drop big time...
  • #329,238
  • Nov 7, 2012 10:37am Nov 7, 2012 10:37am
Quoting Freshpips
Great stuff, spotted price sitting on upper line of h4 ascending channel on H4 straight away.

Will look into it, thanks.

Whats your most recent bias on cable. Missed the boat on this drop big time...
Nav and i discussed on the phone and we are pretty bearish on the GBPUSD.... i too am bearish, took nav a bit longer to turn bearish but he was suggesting from the monthly chart, if bearish momentum kicks in... we may see the 1.52 lows tested and possibly broken for 1.50...
we are talking seriously long term here... monthly chart trades are pretty long term....
otherwise.... im expecting GBPUSD to reach 1.5850 in my short-medium term ish trades
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #329,239
  • Nov 7, 2012 10:48am Nov 7, 2012 10:48am
I say within the next 20 min Nav

Quoting nAVIN2007
its going to take a few hours but last 8 was bearish..hang tight
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #329,240
  • Nov 7, 2012 10:53am Nov 7, 2012 10:53am
Quoting fxtyrant
Nav and i discussed on the phone and we are pretty bearish on the GBPUSD.... i too am bearish, took nav a bit longer to turn bearish but he was suggesting from the monthly chart, if bearish momentum kicks in... we may see the 1.52 lows tested and possibly broken for 1.50...
we are talking seriously long term here... monthly chart trades are pretty long term....
otherwise.... im expecting GBPUSD to reach 1.5850 in my short-medium term ish trades
Missed the last test of 1.6, had a pending short @ 1.6010, missed entry by 6 pips!
Would like to short from around 1.6 but not sure if we'll get back up there today...
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