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Cable Update (GBPUSD)

  • #333,241
  • Jan 7, 2013 10:27am Jan 7, 2013 10:27am
Quoting TauTrader
Good day,

Too silent - this thread.

Next 4hr bar for me closes in +- 15 min. Next 4hr bar down I wish.

Plenty people in attendance.

Please introduce yourself - tell us who you are and where from...

I would like to get to know you better.

Let us keep the thread alive.

Regards

TT
Hey buddy,

Happy 2013! Kinda hard to keep the thread hopping when the market's dead....LOL

Hope all is well with you my friend. I'm a little long on GU at 6061 until hopefully around 6160ish where I'd like to load shorts. We'll see if it can break 6103 first. I just took 1/2 at 6091 and covered the rest. First trade of the year.
Ghost Rider - WWTBMD?
  • #333,242
  • Jan 7, 2013 10:32am Jan 7, 2013 10:32am
Quoting albchr
Hey buddy,

Happy 2013! Kinda hard to keep the thread hopping when the market's dead....LOL

Hope all is well with you my friend. I'm a little long on GU at 6061 until hopefully around 6160ish where I'd like to load shorts. We'll see if it can break 6103 first. I just took 1/2 at 6091 and covered the rest. First trade of the year.

u will be lucky if she goes there bro!!
my ass is short
  • #333,243
  • Jan 7, 2013 10:39am Jan 7, 2013 10:39am
Quoting nAVIN2007
u will be lucky if she goes there bro!!
my ass is short
Doesn't matter if it does or not.

You're short from where bro?
Ghost Rider - WWTBMD?
  • #333,244
  • Jan 7, 2013 10:41am Jan 7, 2013 10:41am
Quoting albchr
Doesn't matter if it does or not.

You're short from where bro?

same trades as b4..i have multiple positions..some around 1.59 some at 1.63
  • #333,245
  • Jan 7, 2013 10:43am Jan 7, 2013 10:43am
Quoting nAVIN2007
same trades as b4..i have multiple positions..some around 1.59 some at 1.63
So under on some, over on others. I haven't been around much so no idea what you've been up to. In fact, gotta run now. Mom's in the hospital again and I'm on my way out.

Cheers!
Ghost Rider - WWTBMD?
  • #333,246
  • Jan 7, 2013 10:48am Jan 7, 2013 10:48am
Quoting albchr
So under on some, over on others. I haven't been around much so no idea what you've been up to. In fact, gotta run now. Mom's in the hospital again and I'm on my way out.

Cheers!
slightly under and as big position as u can imagine is underwater the most but i see a potential bear flag on dailly forming, the pole is more than 200 pips..and im obviously feeling the scenero..

take care buddy..hope all is well
  • #333,247
  • Jan 7, 2013 12:05pm Jan 7, 2013 12:05pm
Leg one, consolidation, leg 2?
  • #333,248
  • Edited 4:09pm Jan 7, 2013 1:50pm | Edited 4:09pm
Last week the bear snipers took out a lot of bulls. I'm looking to see the reaction around 1.6230 for a possible short. We could still be heading for 1.6450 in the long run. Cable still has that bullish feel to it but lets trade what we see.

GL
Numbers NEVER Lie
  • #333,249
  • Jan 7, 2013 4:19pm Jan 7, 2013 4:19pm
Daily Chart

Bulls still in play
Attached Image (click to enlarge)
Click to Enlarge Name: GUD13.png Size: 128 KB
Numbers NEVER Lie
  • #333,250
  • Edited 4:36pm Jan 7, 2013 4:28pm | Edited 4:36pm
Bullish hammer candle close on Monday's daily candle follows Friday's long wicked hammer candle with the bearish body - both these candles tested the previous daily swing lo zone at their lows. A fractal LL then on the daily at that 6607 low - somewhat puts the opa upotrend in doubt notwithstanding this said bullish hammer candle and the last 2 x candles that are bullish in formation on this t/f. It is unusual but not impossible to see a fractal LL in a general opa uptrend.

To the upside 38.2% fib + of the 6349-6007 move may be in play. Price testing underside of former (now breeched to the downside) ascending trend line on this daily t/f at the daily candle close.

Time will tell.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: dly.jpg Size: 93 KB
ex member
  • #333,251
  • Jan 7, 2013 4:38pm Jan 7, 2013 4:38pm
W1 ,D1




Quoting Bones
Bullish hammer ,if move up on $ weakness is my guess also
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp usd d1w1 7-1-13.png Size: 32 KB
Click to Enlarge Name: gbp usd 7-1-13 n2 plan.png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #333,252
  • Jan 7, 2013 8:40pm Jan 7, 2013 8:40pm
Nice potential USD bearish H&S in play off 80.80 area resistance.
Waiting for confirmation...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd2.gif Size: 15 KB
Click to Enlarge Name: usd3.gif Size: 13 KB
Click to Enlarge Name: usd4.gif Size: 13 KB
Come with me if you want to live....
  • #333,253
  • Jan 7, 2013 9:16pm Jan 7, 2013 9:16pm
altho im not trading this pair ATM, i see a bullish up to 1.6215, the bullish is not strong but worth throwing a small lot at it.
  • #333,254
  • Jan 7, 2013 9:23pm Jan 7, 2013 9:23pm
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
Bullish on this pair. Break of 16130 may see price going to 16190s /16200
Hindsight is useless if you never learn anything out from it
  • #333,255
  • Jan 7, 2013 9:28pm Jan 7, 2013 9:28pm
Quoting PoundTrader
altho im not trading this pair ATM, i see a bullish up to 1.6215, the bullish is not strong but worth throwing a small lot at it.
See this as highly likely also
Come with me if you want to live....
  • #333,256
  • Jan 7, 2013 9:31pm Jan 7, 2013 9:31pm
http://www.easyfreesmileys.com/smile...mileys-609.gif
  • #333,257
  • Jan 7, 2013 10:00pm Jan 7, 2013 10:00pm
Gidday

I went pending long 1.6050 thinking EUR/US might retrace a bit,drag down GBP/US

might be playing to safe

I need to improve my decisions on making a trade.

Very keen on hitting the buy an sell button to early
  • #333,258
  • Jan 7, 2013 10:00pm Jan 7, 2013 10:00pm
Entered long @1.6120. Aiming 1.6200
i have entered based on bullish hammer formed at D1 charts .Will it rise as expected ?? *nervous *
  • #333,259
  • Jan 7, 2013 10:55pm Jan 7, 2013 10:55pm
Quoting zoomfire
Entered long @1.6120. Aiming 1.6200
i have entered based on bullish hammer formed at D1 charts .Will it rise as expected ?? *nervous *
I am going with you.

Long @ 16113, TP 16250, SL 60 pips Max...

She will go there soon
  • #333,260
  • Jan 7, 2013 11:35pm Jan 7, 2013 11:35pm
Quoting ForexRatVN
I am going with you.

Long @ 16113, TP 16250, SL 60 pips Max...

She will go there soon
thanks but 1.6250 is too big target i guess,because price has to break all the daily pivot resistance levels and go.
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