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Cable Update (GBPUSD)

  • #337,501
  • Mar 22, 2013 4:45am Mar 22, 2013 4:45am
Hey arnie how you been x


Quoting Ill-b-back
Nice USD chart
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,502
  • Mar 22, 2013 4:48am Mar 22, 2013 4:48am
You can see that it moves between 79 and 81 Stock, does it?

Quoting Bones
I dont think cable is in donward pressure
  • #337,503
  • Edited 4:54am Mar 22, 2013 4:48am | Edited 4:54am
Quoting Bones
Here
The area marked out is what is stopping me from touching any longs at this point and the only thing keeping my shorts open. It is a very good resistance and support area going all the way back to 1996.

Today

Attached Image


A nice view from 2000.

Attached Image (click to enlarge)
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  • #337,504
  • Mar 22, 2013 4:50am Mar 22, 2013 4:50am
Not sure what you mean ?


Quoting Maso
You can see that it moves between 79 and 81 Stock, does it?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,505
  • Mar 22, 2013 4:51am Mar 22, 2013 4:51am
Nice chart
Quoting Bones
Here
  • #337,506
  • Mar 22, 2013 4:54am Mar 22, 2013 4:54am
How do you read ?


Quoting Maso
Nice chart
Attached Image
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,507
  • Edited 5:22am Mar 22, 2013 5:08am | Edited 5:22am
Looking for a probable top or better say temporary at least in gold & so in gu & others also . no thinking any direct much up or so without a corrective chance or even failure ok .

after a top here or more 1619/23 in gold with first confirmation brks 1611 & next 1608 , next 1603 or better say 1600 but there goes another very narrow limit areas between 1599.75 to 1599.30 & decide more up or failure/ correction confirmation .
so will similar in gu also I think. more up immediately before a top formation to take correction down & to decide next step up or down at last .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdm30.png Size: 36 KB
Click to Enlarge Name: goldh4.png Size: 34 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #337,508
  • Mar 22, 2013 5:20am Mar 22, 2013 5:20am
I would say that this upward moves is just because of a big fall it have had for the last three month. So, I'm working on putting short positions.

Quoting Bones
How do you read ?
  • #337,509
  • Mar 22, 2013 5:28am Mar 22, 2013 5:28am
gold is in range Maso ,I admit long term im bearish ,but I think you could read more
see how we close for full pic


Quoting Maso
I would say that this upward moves is just because of a big fall it have had for the last three month. So, I'm working on putting short positions.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,510
  • Mar 22, 2013 5:55am Mar 22, 2013 5:55am
Quoting Bones
gold is in range Maso ,I admit long term im bearish ,but I think you could read more
see how we close for full pic
Yeah , range still on before a decision there , 1698/1730+ to 1526 -1485 play remain intact & midway . Even if it breaks 1622 ( actually 1620.07 ) now as seen in my previous analysis then breaks next confirmations 1626 & 52 , can easily follow to 1730 areas ( 1698+) . and failure any levels above to down levels with confirmation 1567, 26 & last 1485 ! lets see now 1620.07/22.
thanks , fontu
Attached Image (click to enlarge)
Click to Enlarge Name: goldweekly.png Size: 28 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #337,511
  • Mar 22, 2013 6:18am Mar 22, 2013 6:18am
i would say it will fall to 5080 and then stronglly hit 5300-5400
so now put my shorts TP 5080-5100 some here.
especially dont forget that today is friday and market forgot about FITCH that now is reviewing UK AAA credit rating.
I would say if not today then on saturaday we will see downgrade by FITCH. so 5100 again or maybe 5000

Dont wait for 5300 today those of u who longing
  • #337,512
  • Mar 22, 2013 6:20am Mar 22, 2013 6:20am
yea


Quoting fontu
Yeah , range still on before a decision there , 1698/1730+ to 1526 -1485 play remain intact & midway . Even if it breaks 1622 ( actually 1620.07 ) now as seen in my previous analysis then breaks next confirmations 1626 & 52 , can easily follow to 1730 areas ( 1698+) . and failure any levels above to down levels with confirmation 1567, 26 & last 1485 ! lets see now 1620.07/22.
thanks , fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gold monthly 22-3-13.png Size: 39 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,513
  • Mar 22, 2013 6:23am Mar 22, 2013 6:23am
IMO we will see 15250 today or early next week. Cheers
  • #337,514
  • Mar 22, 2013 6:26am Mar 22, 2013 6:26am
Quoting feather
IMO we will see 15250 today or early next week. Cheers
i would like to see it tonight . 1.5250 and 1.53. on a friday's closing. But don't forget that cyprus can give last minute smelly farts, and everything plunge.
  • #337,515
  • Mar 22, 2013 6:46am Mar 22, 2013 6:46am
crunch time

Quoting Bones
lets see how day ends ,btw gbp has made a bullish move
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,516
  • Mar 22, 2013 6:52am Mar 22, 2013 6:52am
this is it now 1000% SHORT SHORT SHORT !!
last try to brake 5225

5200 is very strong resistance. very very very ..very very strong resistance.

about 10 days market is trying to break that level but unsuccessfully.
No real buyers of pound so small fishes just pulling up down in 100 pips range.
small fishes that uses 100 millions.

where are those hedge funds that got trillions on they hands?
  • #337,517
  • Mar 22, 2013 6:53am Mar 22, 2013 6:53am
Quoting 5percent
i would like to see it tonight . 1.5250 and 1.53. on a friday's closing. But don't forget that cyprus can give last minute smelly farts, and everything plunge.
1.5250 the one I am waiting for. Let's see.
  • #337,518
  • Mar 22, 2013 7:01am Mar 22, 2013 7:01am
Quoting Parox
1.5250 the one I am waiting for. Let's see.
what will you do if suddenlly it will drop to 5050? a? did u put stop loss on your long?? u better put
i dont know why u are so optimistic about pound?
  • #337,519
  • Mar 22, 2013 7:11am Mar 22, 2013 7:11am
Where did you load your short positions?

Quoting Trader88q
this is it now 1000% SHORT SHORT SHORT !!
last try to brake 5225

5200 is very strong resistance. very very very ..very very strong resistance.

about 10 days market is trying to break that level but unsuccessfully.
No real buyers of pound so small fishes just pulling up down in 100 pips range.
small fishes that uses 100 millions.

where are those hedge funds that got trillions on they hands?
  • #337,520
  • Mar 22, 2013 7:33am Mar 22, 2013 7:33am
It is an unbelievably stubborn resistance.

Also from what I can see, its overbought on 4H and its forming into a diagonal. Break downwards perhaps?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 22 March 2013 Diagonal Triangle in Downtrend.png Size: 75 KB
A 1 pip gain is better than a 1 pip loss.
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