Cable Update (GBPUSD)

Hey C12 it matters not ,to me ,we still friends !

im showing you whats possible if you open eyes and ears ,thats all have a good day traders

Nice trading. Could be a bit of a short coming up on the daily soon. Looks still some upside here. Plenty of upside on Weekly.

http://www.pic4ever.com/images/jealous.gif

hi B what is your target for usd/cad??

thats the pound for you, she can back stave you sometimes

i had to take over my account that i started for my son, he's was just a little to busy living the high life like most 20yo http://www.forexfactory.com/showthre...00#post6190500

strong support seem to be found at 1.5867

ON 30 min TF -I think we go up again ..

risk appetite is now firming

will be live in 15minutes to share daily ideas about:

1. GBP USD 15min
2. EUR USD 15min
3. XAU USD 15min

4. Q&A

link here http://www.dukascopy.com/tv/Live simply click to join. it's free.

hi good re test of double confluence res and supp line which i showed you in my last chart

target is 1.63 and 1.66

i dont think now that prices will break 1.5830 this year imho

ideally in this game i want to hear some more and more bullish usdollar news and more and more bearish euro and pound news so ppl keep shorting when the bull rally start towards 1.6640 in coming days/weeks, that is why this is called zero sum game

usd/cad good shorting opportunity coming around 1.0055/57
USDOLLAR according to me already in short zone as i have earlier said in my post about capping at 9991 if breaks then i hve two number to cap USDOLLAR at 10005/07 or 10032 max in rare case scenario and if you match this with usd/cad you will find similarities

i still think one more push under 5850 if i am not wrong, if wrong i am already good long pound$ and if correct pending at 5845 and 5840

at least .... someone is trying to make it stay above daily open

SILVER

silver is again on the roaring move towards my first tgt at 33.10 main target is $45

GOLD

i think we might one more quick spike below 1720 may be tomorrow if not then going towards my 2nd tp 1765 and the break of 1800 for 1880 target

just a sharing not a call

every1 here has their own strategy, working on different time frames, different leverage,MM etc.

both bull and bear makes money ...that's it

just 1 cent

Timeframes are fractal. You say it is a mugs game but I deduce that your personality does not allow you to trade 1min and you are more suited to the higher timeframes, like myself.

I am not trading at the moment as I have other issues and cannot focus on my trading, but I thought I would quickly chip in. To me the monthly looks ranging to bullish. I see you highlighted the October candlestick to state that this is a bearish sign. Please look at the July candlestick which is very similar to the October candlestick and yet price pushed on as this was a ranging month (look at weekly) before we broke the 1.5770ish resistance. Now the November candlestick is still in the making, so although it looks red now, we still have two weeks to go and a lot can happen in these last two weeks from a fundamental point of view which I believe will provide another risk on scenario. OK, so the April and May candlesticks make a bearish engulfing which from a TA perspective is not a good sign for long-term bulls and I could be wrong.

You are a good trader Bones and you read the higher timeframes well and you might be able to squeeze some more pips on your shorts but I think the Monthly candlestick you are pointing out could be a misnomer.

Now I stated last week that I closed all my long-term shorts, albeit a little early, but other issues which are not related to trading forced me to close, although I was always looking to close around the 1.58-1.59 area.

Fundamentally, Greece WILL get the bailout but this is the last chance saloon. US will come to some agreement on the fiscal cliff which will be a compromise, yes there will be some cuts but counter-balanced. Japan has already agreed on some of their fiscal cliff scenarios. More important is that Obama won the election which means Ben Bernanke will stay as Chairman and we all know how he loves to destroy the $ by keeping interest rates low and employing QE infinity. Also the UK is now experiencing inflation with more inflation in store as fuel price increases and further food price increases have not been factored in yet. This also means the BoE is less reluctant to add further to the QE programme and they also think that further QE will have no impact on the economy now. Remember with any currency, there are two sides to a coin!

I still think we will visit 1.58 or at least the 50% fib of the big up move before we go back to test 1.66.

This is just my long-term view on cable based on price and fundamentals. I could be wrong, I could be right. You must make your own judgements based on your own trading rules. I wish you the best of luck and good trading.

Thanks BB for your reply ,yea some valid point there soz guys ,with refference to the monthly you must concider location ?
evening star H1 Aud usd in next hour

Have you concidered why gold has not made new highs but silver has ,kinda strange