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Cable Update (GBPUSD)

  • #335,341
  • Feb 8, 2013 2:37am Feb 8, 2013 2:37am
and the winners of yesterday morning quiz is me_sa245 & Vilkas


they choose nr 2



Quoting walkman
i will not have possibility to announce morning quiz tomorrow so...


Let's play morning Quiz.

How will look like tomorrow GU daily candle?

choose one of five!!


i say NR 3
  • #335,342
  • Feb 8, 2013 2:39am Feb 8, 2013 2:39am
Let's play morning Quiz.

How will look like today GU daily candle?

choose one of five!!


i say NR 4
Attached Image
  • #335,343
  • Feb 8, 2013 2:42am Feb 8, 2013 2:42am
Quoting walkman
Let's play morning Quiz.

How will look like today GU daily candle?

choose one of five!!


i say NR 4
- I call for No. 2
  • #335,344
  • Feb 8, 2013 2:43am Feb 8, 2013 2:43am
...
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 26 KB
  • #335,345
  • Feb 8, 2013 3:11am Feb 8, 2013 3:11am
im liking the high of yesterday to be hit today. slow but steady climb.
  • #335,346
  • Feb 8, 2013 3:21am Feb 8, 2013 3:21am
Quoting walkman
Let's play morning Quiz.

How will look like today GU daily candle?

choose one of five!!


i say NR 4
i'll go for 5
  • #335,347
  • Feb 8, 2013 3:22am Feb 8, 2013 3:22am
gu turmoils continues as suspected before also , tanking without correction , can take a wave down complete but actually very abnormal to take as such , correction last wave down was not the wave in comparison & continue the wave actually in mofu /range likely . so watching actually watching 5768 ,5804,5838,5878 before 5892 & last 5992 ,one previous limit to actually for if can go that far , not think yet.that is waiting l till it seen fail & turn back to bear again. chart taken last night ok post .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 17 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #335,348
  • Feb 8, 2013 3:23am Feb 8, 2013 3:23am
Quoting walkman
and the winners of yesterday morning quiz is me_sa245 & Vilkas


they choose nr 2

Quoting walkman
Let's play morning Quiz.

How will look like today GU daily candle?

choose one of five!!


i say NR 4
NR 4's chance is high, but bulls are around here too.
  • #335,349
  • Feb 8, 2013 3:26am Feb 8, 2013 3:26am
Quoting fuse
Maybe, but both USDX Daily and EURGBP Daily are heading down at the moment, which to me points to GBPUSD strength.

I've got a little long trade on m30. See how it goes...
Target hit 30.7 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 34 KB
  • #335,350
  • Feb 8, 2013 3:33am Feb 8, 2013 3:33am
Am not going to go short over the next 8 to 15 days. This because as you can see from my attached daily chart, price has broke my trend line which covers a period of 27days then add the fact that price had failed to break through 1.5639-if you can remember me saying that point would be key. The candles formed around that region is a doji and a tweezer-both are for me a good reversal signal. I may be wrong but i would want to see what happens when the US market happens.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 08022013.jpg Size: 80 KB
  • #335,351
  • Feb 8, 2013 3:55am Feb 8, 2013 3:55am
here is what i'm looking for in cable.

then out of topic, if interested, my views on:
GBP CHF
EUR USD
CAD CHF
AUD USD

90% of traders use TA, indicators and prediction
  • #335,352
  • Feb 8, 2013 4:02am Feb 8, 2013 4:02am
Quoting walkman
...
reaction on lines and fibo.

question will it hold
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 16 KB
  • #335,353
  • Feb 8, 2013 4:17am Feb 8, 2013 4:17am
Quoting fontu
gu turmoils continues as suspected before also , tanking without correction , can take a wave down complete but actually very abnormal to take as such , correction last wave down was not the wave in comparison & continue the wave actually in mofu /range likely . so watching actually watching 5768 ,5804,5838,5878 before 5892 & last 5992 ,one previous limit to actually for if can go that far , not think yet.that is waiting l till it seen fail & turn back to bear again. chart taken last night ok post .
fontu
To more clarify another chart here . lets see what comes up in eu budget summit .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 17 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #335,354
  • Feb 8, 2013 5:00am Feb 8, 2013 5:00am
Morning folks
Ghost Rider - WWTBMD?
  • #335,355
  • Feb 8, 2013 5:07am Feb 8, 2013 5:07am
Quoting albchr
Key points tell tale...lol

USD and GBP now rising together so GU going nowhere for a while. Wonder what will give first?

In the mean time, just had to squeeze off a shot on the way down at EU long @ 3392. Small position, tight stop and just testing the waters.
Covered EU ... just not feeling the love... lol
Attached Image (click to enlarge)
Click to Enlarge Name: eu_30.gif Size: 21 KB
Ghost Rider - WWTBMD?
  • #335,356
  • Feb 8, 2013 5:12am Feb 8, 2013 5:12am
Quoting albchr
Covered EU ... just not feeling the love... lol
i'm thinking about buy
  • #335,357
  • Feb 8, 2013 5:30am Feb 8, 2013 5:30am
i partially scaled out my long and tighten stop loss.
position now is safe.

i'm looking to target far higher.
first step will be to see the kind of reaction if price will ever meet near 1.58.
probably good to take profits IF there and call it a week

let's see, will try to hold another 30 minutes
Attached Image
90% of traders use TA, indicators and prediction
  • #335,358
  • Feb 8, 2013 5:33am Feb 8, 2013 5:33am
Quoting walkman
i'm thinking about buy
I feel it will largely range today so for your style of trading it could be a golden oppertunity. You're pretty darn good at trading the smaller TF's from what I've seen.

When I took that long yesterday I was thinking a target area of 3460/80. But it's hard (for me) to tell when it runs flat this long. It's "creeping" up slowly but that's when the floor can suddenly fall out from under me...LOL
Ghost Rider - WWTBMD?
  • #335,359
  • Feb 8, 2013 5:47am Feb 8, 2013 5:47am
Quoting albchr
I feel it will largely range today so for your style of trading it could be a golden oppertunity. You're pretty darn good at trading the smaller TF's from what I've seen.

When I took that long yesterday I was thinking a target area of 3460/80. But it's hard (for me) to tell when it runs flat this long. It's "creeping" up slowly but that's when the floor can suddenly fall out from under me...LOL
just want my 14 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 13 KB
  • #335,360
  • Feb 8, 2013 5:58am Feb 8, 2013 5:58am
Quoting walkman
just want my 14 pips
I should probably think the same way on this one. It's been hovering between +7 and +30 since I took it. Currently +20ish but I had a good week on GU so since it's covered at +3, I'll just let run and it will be what it will be.
Ghost Rider - WWTBMD?
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