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Cable Update (GBPUSD)

  • #330,601
  • Nov 22, 2012 9:23am Nov 22, 2012 9:23am
the support that needs to be broken is at about 5930 (remember? it's the 50% from the earlier discussion which i suppose now is a resistance turned support)...
  • #330,602
  • Nov 22, 2012 9:24am Nov 22, 2012 9:24am
- Thanks FX Wolf & A-speculator for kind replies.

- Cheers.
  • #330,603
  • Nov 22, 2012 9:50am Nov 22, 2012 9:50am
Quoting Ziko9o8
- Thanks FX Wolf & A-speculator for kind replies.

- Cheers.

cheers mate be a wolf
Wolves don't lose any sleep over the opinion of the sheep.
  • #330,604
  • Nov 22, 2012 9:55am Nov 22, 2012 9:55am
Quoting FX Wolf
cheers mate be a wolf
Inserted Video
Wolves don't lose any sleep over the opinion of the sheep.
  • #330,605
  • Nov 22, 2012 10:06am Nov 22, 2012 10:06am
The single currency remains to the upside.
Good luck & trade wisely.
forexpillariscipline & patience Trader
  • #330,606
  • Nov 22, 2012 11:03am Nov 22, 2012 11:03am
Quoting A-speculator
the support that needs to be broken is at about 5930 (remember? it's the 50% from the earlier discussion which i suppose now is a resistance turned support)...
yea 1.5930 is a important support now.its the daily pivot too.But i am really confused now.Is it safe to have long positions open???
  • #330,607
  • Nov 22, 2012 12:44pm Nov 22, 2012 12:44pm
Quoting zoomfire
yea 1.5930 is a important support now.its the daily pivot too.But i am really confused now.Is it safe to have long positions open???
maybe 1.5925 try to sell
Loosening is not an option
  • #330,608
  • Nov 22, 2012 1:29pm Nov 22, 2012 1:29pm
We have a retest of a previous resistance/support.
38.2 retrace from top to bottom.

Shorting from here is risky...
Come with me if you want to live....
  • #330,609
  • Nov 22, 2012 1:32pm Nov 22, 2012 1:32pm
Quoting Ill-b-back
We have a retest of a previous resistance/support.
38.2 retrace from top to bottom.

Shorting from here is risky...
you are right thanks for info
Loosening is not an option
  • #330,610
  • Nov 22, 2012 1:36pm Nov 22, 2012 1:36pm
Quoting Vilkas
you are right thanks for info
Is ok, I'm long so I had to say that

Seriously though, 5920 was my own defense line, is risky here
Come with me if you want to live....
  • #330,611
  • Nov 22, 2012 1:42pm Nov 22, 2012 1:42pm
Quoting Ill-b-back
Is ok, I'm long so I had to say that

Seriously though, 5920 was my own defense line, is risky here

I can see daily support @ 1.5898 and daily pivot @1.5917 lets have some fun
Loosening is not an option
  • #330,612
  • Nov 22, 2012 1:44pm Nov 22, 2012 1:44pm
Quoting Vilkas
I can see daily support @ 1.5898 and daily pivot @1.5917 lets have some fun

But it needs to go up to 1.600 area to have some good sell
Loosening is not an option
  • #330,613
  • Nov 22, 2012 2:36pm Nov 22, 2012 2:36pm
Quoting Ill-b-back
Is ok, I'm long so I had to say that

Seriously though, 5920 was my own defense line, is risky here

im coming
  • #330,614
  • Nov 22, 2012 2:46pm Nov 22, 2012 2:46pm
Quoting nAVIN2007
im coming
That's your 2nd coming this week nAV

Those points above the black line (and last weeks retest) have me thinking differently to you for now though.

Just me thoughts

We in a tight spot
Attached Image(s) (click to enlarge)
Click to Enlarge Name: christmas trade2667if.gif Size: 17 KB
Click to Enlarge Name: christmas trade2668if.gif Size: 16 KB
Come with me if you want to live....
  • #330,615
  • Nov 22, 2012 2:57pm Nov 22, 2012 2:57pm
Quoting Ill-b-back
That's your 2nd coming this week nAV

Those points above the black line (and last weeks retest) have me thinking differently to you for now though.

Just me thoughts

We in a tight spot
And there's a similar retest on the Euro sending it north
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade2668if.gif Size: 14 KB
Come with me if you want to live....
  • #330,616
  • Nov 22, 2012 3:07pm Nov 22, 2012 3:07pm
Quoting Ill-b-back
That's your 2nd coming this week nAV

Those points above the black line (and last weeks retest) have me thinking differently to you for now though.

Just me thoughts

We in a tight spot
its gonna be tough but i cant see it going up..rather down..its one of those trades where my trusting to probability
  • #330,617
  • Nov 22, 2012 3:28pm Nov 22, 2012 3:28pm
Quoting nAVIN2007
its gonna be tough but i cant see it going up..rather down..its one of those trades where my trusting to probability
Could well do bro.

Expecting some blue consolidation after this daily indecision bar, but then seeing if NY can bust a move north.

Hard to tell I agree, this can be a very deceptive pair at times.
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade2668if.gif Size: 16 KB
Come with me if you want to live....
  • #330,618
  • Nov 22, 2012 3:33pm Nov 22, 2012 3:33pm
Here we go, more charts, last one.

Showing entries, no exits yet
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade2668if.gif Size: 17 KB
Come with me if you want to live....
  • #330,619
  • Nov 22, 2012 3:50pm Nov 22, 2012 3:50pm
Damn forex is addictive.

Solid line weekly retest??

Looks valid to me

Let's see...

I just love charting nAV that's all bro
Attached Image(s) (click to enlarge)
Click to Enlarge Name: christmas trade2668if.gif Size: 16 KB
Click to Enlarge Name: christmas trade2669if.gif Size: 16 KB
Come with me if you want to live....
  • #330,620
  • Nov 22, 2012 3:53pm Nov 22, 2012 3:53pm
Quoting Ill-b-back
Damn forex is addictive.

Solid line weekly retest??

Looks valid to me

Let's see...

I just love charting nAV that's all bro
are you buying?
i am the lord that giveth thee power to create wealth.
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