are we ready for short's now
Do not know... I can only wait for the next signal to take another small bite.
Up or down -will just follow..
All the best
Cable Update (GBPUSD)
- #331,281
- Nov 30, 2012 1:32am Nov 30, 2012 1:32am
- Joined Jan 2009 | Status: Per Aspera Ad Astra | 6,262 Posts
Do not know... I can only wait for the next signal to take another small bite.
Up or down -will just follow..All the best
- #331,283
- Nov 30, 2012 1:49am Nov 30, 2012 1:49am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #331,284
- Nov 30, 2012 1:55am Nov 30, 2012 1:55am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #331,285
- Nov 30, 2012 1:57am Nov 30, 2012 1:57am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
meanwhile Gch possible double bottom still valid.
must be patient, maybe this thing is waiting Egbp to reach 8160.
all for next week here no longs today in this instrument IMO.
sorry for 2charts off topic
must be patient, maybe this thing is waiting Egbp to reach 8160.
all for next week here no longs today in this instrument IMO.
sorry for 2charts off topic
90% of traders use TA, indicators and prediction
- #331,286
- Nov 30, 2012 2:45am Nov 30, 2012 2:45am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #331,287
- Nov 30, 2012 2:53am Nov 30, 2012 2:53am
- | Commercial User | Joined Sep 2005 | 2,784 Posts
meanwhile Gch possible double bottom still valid.
must be patient, maybe this thing is waiting Egbp to reach 8160.
all for next week here no longs today in this instrument IMO.
sorry for 2charts off topic
What i see, is a pattern similar to gbpusd, basically the pair is in a correction, already made 3 bottoms (red rectangles) and seems like it's going to make another bottom soon (maybe), however the support is still much far away (lower yellow rectangle), my personal thinking is that on the break of the last bottom it may find buyers and from there go directly to the first resistance (higher yellow rectangle), this would also give a major sprint to the current gbpusd "rally".
It's all medium-long term projections, maybe about 2013
Edit:
Or maybe on the break of the last bottom, a huge selloff and down to the supports, but i find more probable the other scenario.
- #331,290
- Nov 30, 2012 3:17am Nov 30, 2012 3:17am
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
You have done nothing TT beyond make me laugh with your signature brother, funniest thing I have read in a while.
I need to get out more.
- #331,293
- Nov 30, 2012 3:27am Nov 30, 2012 3:27am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
morning, trying to build some short between 1,6045 and 1.6080
GU D1:
GU D1:
Don't be a hero. Don't have an ego. Always question yourself
- #331,294
- Nov 30, 2012 3:32am Nov 30, 2012 3:32am
Setting TP now.
- #331,295
- Edited 4:14am Nov 30, 2012 3:58am | Edited 4:14am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
not euphoria follower
- #331,297
- Nov 30, 2012 4:22am Nov 30, 2012 4:22am
possible sell setup for gu
but eu in good buy position
- #331,298
- Nov 30, 2012 4:24am Nov 30, 2012 4:24am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
I find gbpchf interesting (it is not soo much offtopic, as the action of gbpchf influence directly also gbpusd, it's about gbp).
What i see, is a pattern similar to gbpusd, basically the pair is in a correction, already made 3 bottoms (red rectangles) and seems like it's going to make another bottom soon (maybe), however the support is still much far away (lower yellow rectangle), my personal thinking is that on the break of the last bottom it may find buyers and from there go directly to the first resistance (higher yellow rectangle), this would...
a brekout in Gch anyway i would be looking to buy in one of main lower levels, bceause must not forget about the big SNB's eyes on their rates
90% of traders use TA, indicators and prediction
- #331,299
- Nov 30, 2012 4:30am Nov 30, 2012 4:30am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
So the trade to look for next week, perhaps, combining your two posts, is long on EU...?
Looks like quite tough resistance to overcome at 13070-80 first, do you think?
then if the move in Egbp will happen because of more strenght in EURO or more weakness in GBP... i can't know
the cross goes up even if EU crash bad, and GU crash faster and stronger....so i will first wait this weekly/monthyl to close then setup my self during next week
90% of traders use TA, indicators and prediction
- #331,300
- Nov 30, 2012 4:37am Nov 30, 2012 4:37am
Sorry, but I don't understand why you think EU is in a good buy position, without it having first broken the resistance line on your chart, at around 13080? It looks rather as if both EUR and GBP are set up for a fall together (unless, of course, you see further sharp gains in EG).
it is good to buy on smaller TF on M15.
M15 fibo 23, near last lows and trendline.
gu now some reaction on fibo 38
main question if it will make ne HH. I think no.
