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Cable Update (GBPUSD)

  • #334,021
  • Jan 17, 2013 6:08am Jan 17, 2013 6:08am
Quoting A-speculator
if we do slide to 5500, there won't be any shortage to sell rallies either mate..
But if we go sideways there will be BOTH no shortage of rallies to sell and dips to buy....

P.S. just to cover all circumstances....which says a lot about our technical analysis skills.....
  • #334,022
  • Jan 17, 2013 6:09am Jan 17, 2013 6:09am
Quoting kostas1
But if we go sideways there will be BOTH no shortage of rallies to sell and dips to buy....
  • #334,023
  • Jan 17, 2013 6:16am Jan 17, 2013 6:16am
as for fiber, i would like to see swissy hold the 9300 support.. if that support hold, i think fiber might has reached the resistance level at about 3370 level..

as on cable, still have some room left to 6040 area and candy is in weakness.. still not interested yet. as for those who still interested in trading cable, good luck and all the best.
  • #334,024
  • Jan 17, 2013 6:19am Jan 17, 2013 6:19am
Quoting A-speculator
Attached Image (click to enlarge)
Click to Enlarge Name: cable11.gif Size: 17 KB
  • #334,025
  • Jan 17, 2013 6:32am Jan 17, 2013 6:32am
Quoting TauTrader
Good day,

Taking a little long here. Bullish pressure may start to build a bit.

Regards
Closing out against this resistance. Will wait a little longer to see what she wants to do.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 129 KB
  • #334,026
  • Jan 17, 2013 6:37am Jan 17, 2013 6:37am
Quoting A-speculator
if we do slide to 5500, there won't be any shortage to sell rallies either mate..
Now how did I know you were going to say that Specs.

Lol...
Come with me if you want to live....
  • #334,027
  • Jan 17, 2013 6:40am Jan 17, 2013 6:40am
Quoting TauTrader
Closing out against this resistance. Will wait a little longer to see what she wants to do.

Regards
Nice one TT, I wish I was trading today.
Come with me if you want to live....
  • #334,028
  • Jan 17, 2013 6:41am Jan 17, 2013 6:41am
I pointed this out in some previous post that we were retesting a broken Bull Flag. If we get a good bounce from here then I will be watching what happens around 1.6168. That is the Magic Number

If you haven't taken any position yet then its best to stay out.
Attached Image (click to enlarge)
Click to Enlarge Name: GUD120.png Size: 55 KB
Numbers NEVER Lie
  • #334,029
  • Jan 17, 2013 6:42am Jan 17, 2013 6:42am
Quoting kostas1
But if we go sideways there will be BOTH no shortage of rallies to sell and dips to buy....

P.S. just to cover all circumstances....which says a lot about our technical analysis skills.....
If we don't drop this week, I see ugly sideways for a while also.
Come with me if you want to live....
  • #334,030
  • Jan 17, 2013 6:45am Jan 17, 2013 6:45am
Quoting ZizoFX
I pointed this out in some previous post that we were retesting a broken Bull Flag. If we get a good bounce from here then I will be watching what happens around 1.6168. That is the Magic Number

If you haven't taken any position yet then its best to stay out.
I have almost exact same image, lines and level on my chart, still waiting for confirmation
Come with me if you want to live....
  • #334,031
  • Jan 17, 2013 6:47am Jan 17, 2013 6:47am
Quoting Ill-b-back
Nice one TT, I wish I was trading today.
IBB-

Only a few, my friend..

Definitely bears around - we may see a further little leg down. Should we hang around here with not too much movement lower - we could see some bullish divergence building.

Have to sit on the hands.

All the best

Regards
  • #334,032
  • Jan 17, 2013 6:48am Jan 17, 2013 6:48am
Quoting Ill-b-back
I have almost exact same image, lines and level on my chart, still waiting for confirmation
With Patience we will get there
Numbers NEVER Lie
  • #334,033
  • Jan 17, 2013 6:58am Jan 17, 2013 6:58am
Quoting ZizoFX
With Patience we will get there
now i see everyone already taken the patience pills eh.. where's the excitement then?
  • #334,034
  • Jan 17, 2013 6:59am Jan 17, 2013 6:59am
Quoting ZizoFX
With Patience we will get there
Damn there's always a catch, I couldn't be bothered hanging around when patience was handed out.



Anyway, this weekly close will show things either way I think
Come with me if you want to live....
  • #334,035
  • Jan 17, 2013 7:01am Jan 17, 2013 7:01am
Sam Seiden having a webinar on FXStreet if you want to join in. Lasts only 45 mins.
Numbers NEVER Lie
  • #334,036
  • Jan 17, 2013 7:02am Jan 17, 2013 7:02am
Quoting A-speculator
now i see everyone already taken the patience pills eh.. where's the excitement then?
The excitement comes at 63-65 specs
Come with me if you want to live....
  • #334,037
  • Jan 17, 2013 7:03am Jan 17, 2013 7:03am
Quoting A-speculator
now i see everyone already taken the patience pills eh.. where's the excitement then?
The excitement follows when you get to see your floating loss turn in profits. Such a beautiful feeling it is
Numbers NEVER Lie
  • #334,038
  • Jan 17, 2013 7:24am Jan 17, 2013 7:24am
Watch the DAX.
Numbers NEVER Lie
  • #334,039
  • Jan 17, 2013 7:27am Jan 17, 2013 7:27am
Quoting ZizoFX
The excitement follows when you get to see your floating loss turn in profits. Such a beautiful feeling it is
yes one of the best feelings!
90% of traders use TA, indicators and prediction
  • #334,040
  • Jan 17, 2013 7:28am Jan 17, 2013 7:28am
Quoting Ill-b-back
The excitement comes at 63-65 specs
i guess this is really a bulls bears fights eh.. lol.
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