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Cable Update (GBPUSD)

  • #331,061
  • Nov 28, 2012 2:54am Nov 28, 2012 2:54am
Quoting fxtyrant
as long as this 1.20 holds as they say it should...
i will keep on longing to the moving averages....
and i wont put no SL on it because i dont want my stops hunted before they shoot it up....
they've been a tricky bastard... hunting for stops as far down as 1.1950 before they shoot it up.

Fair play bro, I cant trade without stops. Im a nervous wreck lol

Especially when theres importants news/announcement due out with one of the currencies concerned.

Good luck to you.

I will still monitor though, divergences on few TF's that cant be ignored.
  • #331,062
  • Nov 28, 2012 2:59am Nov 28, 2012 2:59am
Quoting Freshpips
Fair play bro, I cant trade without stops. Im a nervous wreck lol

Especially when theres importants news/announcement due out with one of the currencies concerned.

Good luck to you.

I will still monitor though, divergences on few TF's that cant be ignored.
well for me its easier to trade SOME trades (not all trades i dont put a SL, i either dont use SL for the reason of broker suspicions.... far too many time ive seen price move to take my stop out and reverse.... for this purpose i keep an idea where my Stop is mentally.... and they are often on those red/blue lines you see on my charts as those are S/R areas formed by various moving averages at various higher tfs...
i trade Daily, with H1, H4 as observation...)

with this in mind i guess trading daily, im not as susceptible to news as i think... since Daily charts movements are big enough to factor in fundies in it.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,063
  • Nov 28, 2012 3:05am Nov 28, 2012 3:05am
Quoting FX Wolf
hi bought some at 1.60 which i sold yesterday at 1.6042 for tp 1.6140??

correct?

suggestions?
advice?
trade tip?
I'm eyeing 1.6078. See attached.
Attached Image (click to enlarge)
Click to Enlarge Name: GU_D_11_28_12.jpg Size: 212 KB
  • #331,064
  • Nov 28, 2012 3:19am Nov 28, 2012 3:19am
Quoting CasperTrader
I'm eyeing 1.6078. See attached.
my min tgt is 6140 for cable

3030 for eurusd

104.90 for eur/jpy

1767 for gold

$35 for silver

if not stopped out

Wolves don't lose any sleep over the opinion of the sheep.
  • #331,065
  • Nov 28, 2012 3:26am Nov 28, 2012 3:26am
Quoting FX Wolf
my min tgt is 6140 for cable

3030 for eurusd

104.90 for eur/jpy

1767 for gold

$35 for silver

if not stopped out

GL! The higher the better. I'll probably chicken out at 1.6078 if at all it reaches there.
  • #331,066
  • Nov 28, 2012 3:37am Nov 28, 2012 3:37am
Quoting CasperTrader
GL! The higher the better. I'll probably chicken out at 1.6078 if at all it reaches there.
hi i think you are targeting blue circle with down blue dash line and there is no prob with that taking profit there if prices reached there

but according to my system, you see up green line from where prices initially took res if broken then its a break out trade in GU and most traders are aligning gu with eu but the correlation between these pairs are now incorrect,

i will also consider blue supply line in mind for possible res there if no res then 6145 is good for profit imho
Wolves don't lose any sleep over the opinion of the sheep.
  • #331,067
  • Nov 28, 2012 3:39am Nov 28, 2012 3:39am
Quoting FX Wolf
hi i think you are targeting blue circle with down blue dash line and there is no prob with that taking profit there if prices reached there

but according to my system, you see up green line from where prices initially took res if broken then its a break out trade in GU and most traders are aligning gu with eu but the correlation between these pairs are now incorrect,

i will also consider blue supply line in mind for possible res there if no res then 6145 is good for profit imho
sorry here is the chart
Attached Image (click to enlarge)
Click to Enlarge Name: t.png Size: 51 KB
Wolves don't lose any sleep over the opinion of the sheep.
  • #331,068
  • Nov 28, 2012 3:39am Nov 28, 2012 3:39am
Quoting FX Wolf
my min tgt is 6140 for cable

3030 for eurusd

104.90 for eur/jpy

1767 for gold

$35 for silver

if not stopped out

Whats up Wolf,

I have similar outlook for ej, but missed the boat this morning, waiting for price to pull back to as close to 106 dead as possible... Might have to settle for mid 105.8's
  • #331,069
  • Nov 28, 2012 3:43am Nov 28, 2012 3:43am
will be online for a webinar @10.00 gmt (15minutes left)

topic:
"In the middle of the week"
An outlook on what is happening in market.

- majors: GBP/USD + EUR/USD;
- cross: EUR/JPY + AUD/JPY + CAD/JPY + EUR/AUD
- some minor cross

link: http://www.dukascopy.com/tv/Live
just join! it's free and we can interact live.
90% of traders use TA, indicators and prediction
  • #331,070
  • Edited 4:02am Nov 28, 2012 3:44am | Edited 4:02am
how we see that bro ? i mean how to correlate gu with eu. any variance indi to measure it or just by watching manually ?

i don't have variance indi to measure it ... but i was trying to overlap those pair in one window in daily tf... and manually and roughly ..i see these pair has positive correlation ...


tq
Quoting FX Wolf
..... most traders are aligning gu with eu but the correlation between these pairs are now incorrect,....:
Attached Image (click to enlarge)
Click to Enlarge Name: pvjj1002.gif Size: 10 KB
not euphoria follower
  • #331,071
  • Nov 28, 2012 3:46am Nov 28, 2012 3:46am
Well, last week I went long into descending trendlines and this week I am shorting into ascending trendlines.

What the hell is wong with me?

lol...
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade2706if.gif Size: 13 KB
Come with me if you want to live....
  • #331,072
  • Nov 28, 2012 4:00am Nov 28, 2012 4:00am
Typical bloody greedy Cable,

It takes out Fridays high (twice) yesterday and is now "creeping" slowely lower to keep us guessing.

I smell Cable bear Crap...

We engulf that long bull candle from last week and bulls are done I feel
Attached Image(s) (click to enlarge)
Click to Enlarge Name: christmas trade2706if.gif Size: 12 KB
Click to Enlarge Name: christmas trade2707if.gif Size: 14 KB
Come with me if you want to live....
  • #331,073
  • Nov 28, 2012 4:04am Nov 28, 2012 4:04am
Quoting Ill-b-back
Typical bloody greedy Cable,

It takes out Fridays high (twice) yesterday and is now "creeping" slowely lower to keep us guessing.

I smell Cable bear Crap...

We engulf that long bull candle from last week and bulls are done I feel
White is clearer
Attached Image (click to enlarge)
Click to Enlarge Name: christmas trade2707if.gif Size: 12 KB
Come with me if you want to live....
  • #331,074
  • Nov 28, 2012 4:05am Nov 28, 2012 4:05am
Quoting Ill-b-back
Well, last week I went long into descending trendlines and this week I am shorting into ascending trendlines.

What the hell is wong with me?

lol...
Not Only you, Bro... I'm too

We're HUMAN ! Sometimes We can fault because not FOCUS, moreover less Rest...
Always looking the GREAT, never left GOOD Point...
  • #331,075
  • Nov 28, 2012 4:05am Nov 28, 2012 4:05am
Quoting iqyu5an
how we see that bro ? i mean how to correlate gu with eu. any variance indi to measure it or just by watching manually ?

i don't have variance indi to measure it ... but i was trying to overlap those pair in one window in daily tf... and manually and roughly ..i see these pair has positive variance ...


tq
i meant to say that in other forums/threads i saw traders talking gu and eu are co related means if eu is up gu is up and if gu is down so the eu but i think that not the case

currencies move one by one when euro$ is moving properly then look for other euro pairs are they moving too?
if not then look for another currency which is moving as a whole against all other currencies

like in the case of yen when it dropped it not only dropped against $ it dropped against every other major currency in the world

i think its time for pound to show some move because i am long pound and if get lucky
Wolves don't lose any sleep over the opinion of the sheep.
  • #331,076
  • Edited 4:15am Nov 28, 2012 4:05am | Edited 4:15am
Quoting Ill-b-back
Typical bloody greedy Cable,

It takes out Fridays high (twice) yesterday and is now "creeping" slowely lower to keep us guessing.

I smell Cable bear Crap...

We engulf that long bull candle from last week and bulls are done I feel
great chart, great analysis...

BTW my NZDJPY trade recovering good from the utter bullshit of yen easing last friday...

Now my turn to throw a chart in for you GBPUSD fanatics out there

And this is the chart without the Fibo that shows the Top we had for the last 3 days showed a resistance at the 61.8% fibo, for people wondering what im talking about, look at my previous attachments of GBPUSD chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd daily.gif Size: 23 KB


PS. btw ill-b-back looking at the daily GBPUSD chart EMA55 is above EMA200 and you know exactly what direction im in
Besides that EMA200 is still withing range
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,077
  • Nov 28, 2012 4:12am Nov 28, 2012 4:12am
Quoting Tsar
Not Only you, Bro... I'm too

We're HUMAN ! Sometimes We can fault because not FOCUS, moreover less Rest...


Ha ha, no I was making a joke from last week bro,

Lower time frame trendlines are there to be broken when trading off higher time frame trendlines/support/resistance as a form of bullish/bearish confirmation that's all

It just makes sense doesn't it
Come with me if you want to live....
  • #331,078
  • Nov 28, 2012 4:14am Nov 28, 2012 4:14am
Quoting Ill-b-back


Ha ha, no I was making a joke from last week bro,

Lower time frame trendlines are there to be broken when trading off higher time frame trendlines/support/resistance as a form of bullish/bearish confirmation that's all

It just makes sense doesn't it
Always looking the GREAT, never left GOOD Point...
  • #331,079
  • Nov 28, 2012 4:21am Nov 28, 2012 4:21am
Quoting fxtyrant
great chart, great analysis...

BTW my NZDJPY trade recovering good from the utter bullshit of yen easing last friday...

Now my turn to throw a chart in for you GBPUSD fanatics out there

And this is the chart without the Fibo that shows the Top we had for the last 3 days showed a resistance at the 61.8% fibo, for people wondering what im talking about, look at my previous attachments of GBPUSD chart.
Attachment

PS. btw ill-b-back looking at the daily GBPUSD chart EMA55 is above EMA200 and you know exactly what direction...
Yes, well within range brother

I am eyeing off 5270 as a minimum longer term target
Come with me if you want to live....
  • #331,080
  • Nov 28, 2012 4:22am Nov 28, 2012 4:22am
Be Carefully ALL...

Found a Lot Candle Signals, started H1 tf and above...

Today, Volatile Market's ! Defferent tf given Defferent TREND
Always looking the GREAT, never left GOOD Point...
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