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GBP/USD outlook

  • #701
  • Jan 27, 2013 11:43pm Jan 27, 2013 11:43pm
Goodby Pound
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  • #702
  • Jan 28, 2013 1:21am Jan 28, 2013 1:21am
Look familiar?

I think it can do it
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu14.gif Size: 18 KB
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  • #703
  • Jan 28, 2013 5:47pm Jan 28, 2013 5:47pm
The Pound is looking crook
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  • #704
  • Jan 29, 2013 4:20pm Jan 29, 2013 4:20pm
1.5860 is now an interesting level I am watching
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  • #705
  • Jan 29, 2013 5:20pm Jan 29, 2013 5:20pm
Quoting msia.metal
Any chance you can post your chart for ease understanding
(English is not my main lang)

Hi IBB

For the moment, a waiting game if to go long on GU?
M30 shown a PB followed by a large bull candle, a potential long sign.
H4 shown a possible divergence.
D showing the confluence line.

Imho, maybe to wait for 1 - 2 more days to see if a long could be materialized for the short term?

Cheers
A two-days PB shown at the NY closed.
Possible to go long for next 1-2 days @ 1.583
GBP is looking weak so awaiting a PA sign to short @ 1.583

I am shorting G/CAD and G/AUD

Just my 2 cents

Happy Pipping!
  • #706
  • Jan 29, 2013 6:05pm Jan 29, 2013 6:05pm
Quoting msia.metal
A two-days PB shown at the NY closed.
Possible to go long for next 1-2 days @ 1.583
GBP is looking weak so awaiting a PA sign to short @ 1.583

I am shorting G/CAD and G/AUD

Just my 2 cents

Happy Pipping!
Hi Msia,
Thx for that.
Closed out my 1.6 short this morning for 240 pips.

I got a funny feeling about this bounce off the 23 fib, I can see 5830-60.

It may even go nuts back to 1.6
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  • #707
  • Jan 29, 2013 6:52pm Jan 29, 2013 6:52pm
5730 area is pretty solid.


It will be interesting to see what happens if we get up to 5880 for the retest

If we get a good solid daily/weekly close above there, 1.6 on the cards I think.

If it falls through the floor from here, then that's what it does...
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  • #708
  • Jan 30, 2013 3:04am Jan 30, 2013 3:04am
Aussie looking Bearish for February??
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Click to Enlarge Name: gu16.gif Size: 15 KB
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  • #709
  • Jan 30, 2013 3:44am Jan 30, 2013 3:44am
Get cracking boys

http://screen.yahoo.com/flip-side-wo...000000175.html
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  • #710
  • Jan 30, 2013 3:54am Jan 30, 2013 3:54am
Damn, I wish it was this easy

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  • #711
  • Jan 30, 2013 7:31am Jan 30, 2013 7:31am
Quoting msia.metal
A two-days PB shown at the NY closed.
Possible to go long for next 1-2 days @ 1.583
GBP is looking weak so awaiting a PA sign to short @ 1.583

I am shorting G/CAD and G/AUD

Just my 2 cents

Happy Pipping!
The market took me out of G/A and G/C short trades in US session
  • #712
  • Jan 30, 2013 8:31am Jan 30, 2013 8:31am
Some new people say they are here to learn.
To those who think that playing the news is smart I ask to read this post from my blog.

"Do you think facts and 'Truth' (i.e. market news) make money?"

Read this and think again: http://wp.me/p2oF7p-pr

My opinion, of course, but found that a few successful traders agree with that article.

Let me know your thoughts...
"markets traded by programs/HFT offer a significant trading edge..."
  • #713
  • Jan 30, 2013 10:10am Jan 30, 2013 10:10am
Quoting fibstalker
Some new people say they are here to learn.
To those who think that playing the news is smart I ask to read this post from my blog.

"Do you think facts and 'Truth' (i.e. market news) make money?"

Read this and think again: http://wp.me/p2oF7p-pr

My opinion, of course, but found that a few successful traders agree with that article.

Let me know your thoughts...
The opposite in fact.

I think market news "steals" your money.

Why did you post this in here?
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  • #714
  • Jan 31, 2013 12:02pm Jan 31, 2013 12:02pm
Quoting Ill-b-back
1.5860 is now an interesting level I am watching
Well we got there, but my 5773 entry got missed by 1.5 pips while sleeping
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  • #715
  • Jan 31, 2013 2:19pm Jan 31, 2013 2:19pm
At the moment, looks like Cable is heading higher.

EA switched on and buying the dip...



Inserted Video
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  • #716
  • Jan 31, 2013 3:01pm Jan 31, 2013 3:01pm
A lot of monthly bearish momentum but...

You sly dog Cable

Buying lower TF dips for now.
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  • #717
  • Jan 31, 2013 9:57pm Jan 31, 2013 9:57pm
How's this for predictive trading

2 harmonics in one
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  • #718
  • Jan 31, 2013 10:11pm Jan 31, 2013 10:11pm
And one for the road
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  • #719
  • Jan 31, 2013 11:31pm Jan 31, 2013 11:31pm
5990 next major stop?

Come on, you've got to live a little

or something like that...
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  • #720
  • Feb 3, 2013 3:54am Feb 3, 2013 3:54am
Bullish break,
bearish break,
bullish retest,

Now bearish retest?........
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