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Cable Update (GBPUSD)

  • #333,481
  • Jan 9, 2013 3:52pm Jan 9, 2013 3:52pm
Quoting _BBKing_
6070 was today's top price around its daily pivot.
breaking higher tomorrow will be a good sign of strength imo and there is still something to manage in the middle of 1.61.
let's see what will happen
Quoting nAVIN2007
u better make that 1.6071 if lucky
not bad huh
  • #333,482
  • Jan 9, 2013 3:55pm Jan 9, 2013 3:55pm
I'm still bearish till I see any strength to the upside.

want to short at around 6040
https://linktr.ee/Soultrader
  • #333,483
  • Jan 9, 2013 4:35pm Jan 9, 2013 4:35pm
Quoting soultrader
I'm still bearish till I see any strength to the upside.

want to short at around 6040

i read a lot of yur stuff..can only say thank u, it helped keep me here!..

  • #333,484
  • Jan 9, 2013 4:38pm Jan 9, 2013 4:38pm
Quoting nAVIN2007
i read a lot of yur stuff..can only say thank u, it helped keep me here!..

yo facebook
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #333,485
  • Jan 9, 2013 5:21pm Jan 9, 2013 5:21pm
Hi ,its not H&S target could be good

http://www.babypips.com/school/head-and-shoulders.html



Quoting Illya
hello guys..well im new here by these thread..but i've made a screenshot and i think that cable will have resistance between 1.6040-1.6050 if it rise up..and i see shoulder-head-shoulder on 1h chart..thanks for watching..waiting for some comments ))
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #333,486
  • Jan 9, 2013 5:27pm Jan 9, 2013 5:27pm
Quoting Bones
Hi ,its not H&S target could be good

http://www.babypips.com/school/head-and-shoulders.html

its a dailly flag thou..aye tone?? u seeing the same thing..which has broken south?
Attached Image (click to enlarge)
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  • #333,487
  • Jan 9, 2013 5:40pm Jan 9, 2013 5:40pm
hey Nav Im waiting for close , yea agree
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #333,488
  • Jan 9, 2013 6:07pm Jan 9, 2013 6:07pm
Nav, liking that chart, I was just looking on charts and saw daily same way.
  • #333,489
  • Jan 9, 2013 7:14pm Jan 9, 2013 7:14pm
Closed G/U short positions as I was getting apprehensive ahead of rate decision AND G/A starting to look a little bullish while A/U retreats.

Yeah, I'll be so sorry when G/U falls to 1.5880 but that won't happen today.

GL....... Be prepared
When the Joker is in the deck.. fear not and play it well
  • #333,490
  • Jan 9, 2013 9:23pm Jan 9, 2013 9:23pm
Quoting nAVIN2007
u can take a donkey to the water but u cant force it to drink haha (just kidding, couldnt help myself)

can understand the long..perhaps a retrace to 50 % area..but it was risky..
If we had broken north nAV, I was going to post this (I won't include what I would have said)

One of the funniest things I have ever seen

I think he must have been taking a dump in the paddock or something before being detected.

I almost felt sorry for the poor guy, but it was just too damn funny.

I hope I don't offend any weirdo's who actually do this for real.

Inserted Video
Come with me if you want to live....
  • #333,491
  • Jan 9, 2013 9:35pm Jan 9, 2013 9:35pm
Gidday

Are you traders saying this will fall below 16000 level

I see its creeping down some

I have just started with this pair,figuring out the pattern or dips an waves

so far not good,at least small trades only.
  • #333,492
  • Jan 9, 2013 10:30pm Jan 9, 2013 10:30pm
Good day to you,

Still believe we may see a little bullish pressure coming - Long here again

Regards
Attached Image (click to enlarge)
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  • #333,493
  • Jan 9, 2013 11:37pm Jan 9, 2013 11:37pm
WTF??

Do you think there will be a rate cut?

lol...
Attached Image (click to enlarge)
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Come with me if you want to live....
  • #333,494
  • Jan 10, 2013 12:37am Jan 10, 2013 12:37am
Inserted Video
not euphoria follower
  • #333,495
  • Jan 10, 2013 12:40am Jan 10, 2013 12:40am
Quoting nAVIN2007
not bad huh
90% of traders use TA, indicators and prediction
  • #333,496
  • Jan 10, 2013 12:44am Jan 10, 2013 12:44am
good morning
just giving an eye on some charts.
i'm out of any trade at the moment so simple analysis.

in daily GU there is a clear bearish setup with candles taking out previous lows one after the other.
but problem is about the whole support area clearly seen.

i'm for more down. definetly.
but i will look for an entry short higher not certainly here now few pips above 1.60
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Daily_snapshot.jpg Size: 64 KB
90% of traders use TA, indicators and prediction
  • #333,497
  • Jan 10, 2013 12:53am Jan 10, 2013 12:53am
assuming we go up, first sign is price above 6030 (DP-pink) in faster timeframes to take again 6070 in short term.
still i see better to get out of 6070 yesterday's high etc.

XYZ = lower main support area 5920//5940, while 6150//6180 is imo a great target area for longs.

in few words i have actually small reasons to open long, but also small ones for short.
damn!
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_4 Hours_snapshot.jpg Size: 71 KB
90% of traders use TA, indicators and prediction
  • #333,498
  • Jan 10, 2013 12:58am Jan 10, 2013 12:58am
Quoting TauTrader
Good day to you,

Still believe we may see a little bullish pressure coming - Long here again

Regards
Have to go out - SL @ +1

Regards
  • #333,499
  • Jan 10, 2013 12:59am Jan 10, 2013 12:59am
so finally an hourly chart...
Attached Image (click to enlarge)
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90% of traders use TA, indicators and prediction
  • #333,500
  • Jan 10, 2013 1:11am Jan 10, 2013 1:11am
Quoting _BBKing_
so finally an hourly chart...
Good Morning,

Hope you are well I have been following your trade ideas on Dukuscopy and have to say your thinking is very similar to mine. It's a difficult market to trade at the moment.

I agree I am short from 16030 with a target for 15950 ish...... just waiting for price to hit. I think that will do for this week for me on GBP. Profits taken all week so dont wish to give any back.

Take Care
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