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Cable Update (GBPUSD)

  • #337,521
  • Mar 22, 2013 7:42am Mar 22, 2013 7:42am
GBPUSD
For this pair I want to put an order for buy and take profit will be in this case 1.52025 and stop loss will be 1.51895.
  • #337,522
  • Mar 22, 2013 7:49am Mar 22, 2013 7:49am
I think GBP has bullish potential, with key level at 1.5140. As long as the market price still trade above this level, GBPUSD still has bullish potential with target 1.5200

happy weekend
  • #337,523
  • Mar 22, 2013 8:07am Mar 22, 2013 8:07am
Quoting Maso
Do you mean that it may reach near 1.53?
I don't think it will today, but if it does I will add to my short. Can't see it accelerating upwards without going back to 51 first. OMO.
  • #337,524
  • Mar 22, 2013 8:37am Mar 22, 2013 8:37am
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #337,525
  • Mar 22, 2013 8:50am Mar 22, 2013 8:50am
if cyprus reach a deal today , it will go to 1.53 quickly , becareful
  • #337,526
  • Mar 22, 2013 9:14am Mar 22, 2013 9:14am
surprisingly fundermental thread I notice ,


Quoting Ill-b-back
I can't help you a great deal fundy wise brother, I give it about as much attention as the weekly weather forecast and about as much respect as my countries Lying, Fraudulent, Athiest, Bisexual, adulterous leader


lol...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,527
  • Mar 22, 2013 9:15am Mar 22, 2013 9:15am
Im not going to post chart im thinking your know


Quoting Bones
crunch time
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,528
  • Mar 22, 2013 9:21am Mar 22, 2013 9:21am
Very risky to try to out think proper fundi groups ,ie banks etc etc


Quoting Bones
surprisingly fundermental thread I notice ,
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,529
  • Mar 22, 2013 9:33am Mar 22, 2013 9:33am
Quoting kamifx
Indicated level has been touched but this signals is very swinging then will be touched
after H4 candle closed above 1.5192 the swing will be between 1.5225
If Daily candle closes above 1.5192 then tomorrow 1.5450 will be touched
Just remember all be valid if Daily Candle behaved as i have said
Just follow some simple and easy Price Pattern instead of those complex analysis
Hope you get
Don’t follow someone else’s trading advice blindly
  • #337,530
  • Mar 22, 2013 9:41am Mar 22, 2013 9:41am
chart would be handy

Quoting kamifx
Just follow some simple and easy Price Pattern instead of those complex analysis
Hope you get
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,531
  • Mar 22, 2013 9:44am Mar 22, 2013 9:44am
Now


Quoting Bones
my view
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 22-3-13 d1.png Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #337,532
  • Mar 22, 2013 9:49am Mar 22, 2013 9:49am
Gold already started the down , correction also ok or just last leg up if again possible ( yes as broken 1611 upside ) having signs of the crush at top .if fail here then the crush continue down to 1603, 1599.30 & over to look gold over 1577-1561..
gu similar & eu only broke the triangle up to fill gap at last day! or not . 2nd perhaps .

gu very small leg up to 5223-38 ok . and so ready take position to see next even friday . all ok can look next over 5100- 5068, better say 5026 if not today & then break there down next week.
fontu

http://www.forexfactory.com/showthre...32#post6537732
Attached Image (click to enlarge)
Click to Enlarge Name: goldh4.png Size: 30 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #337,533
  • Mar 22, 2013 10:01am Mar 22, 2013 10:01am
Quoting Bones
Now
gogo 1.5327. . maybe next week.
  • #337,534
  • Mar 22, 2013 10:03am Mar 22, 2013 10:03am
This price area is doing my head in Oh well, finally cashed the loses after EUR/USD hit a SL and finally pushed me over the edge. I think using SL's has finally been ingrained into my head, I hope.

Outlook on this pair is still bearish over a 2 week period, however we will probably see 1.5300 today or Monday seeing as price has traded above 1.5185 for most of the day.

Switching from shorts to long at this point was something I contemplated a over a week ago and something I finally had to do today.
  • #337,535
  • Mar 22, 2013 10:33am Mar 22, 2013 10:33am
Quoting Bones
chart would be handy
Handy better than analyzing such funny during the week ( down moving say goes 1.40 and with up say 1.53)
The problem is that traders can't see the trend correctly ( I said before) considering Weekly charts and trends for Hour trading it's not right
Look at your posts from the first of the week !!!!!!!!!!!!!!!
Now pair is on 1.5235
How R U?
Don’t follow someone else’s trading advice blindly
  • #337,536
  • Mar 22, 2013 10:35am Mar 22, 2013 10:35am
I loaded short now... I wish it will work next week...
  • #337,537
  • Mar 22, 2013 10:56am Mar 22, 2013 10:56am
Quoting Maso
I loaded short now... I wish it will work next week...


actually i hope it will going down too but it seem like strong up?
  • #337,538
  • Mar 22, 2013 11:04am Mar 22, 2013 11:04am
Heeere she comes ..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 33 KB
  • #337,539
  • Edited 11:38am Mar 22, 2013 11:05am | Edited 11:38am
Trying very hard this weekend , bo upside gu ok . watching 5257 /81 for probable level reach & short if feel ok to keep. eu also hit 3008 ok , next 3077 is the level gap filling can expect then & short . waiting levels reach .
gold another try up breaking 1608 + 10 towards top, as far up here before crush & take .

gu , eu both having too harsh break out the hs for the reversal now but motive in both yet to confirm /test over time , eu can be only for gap filling last time reach & gu for a good pullback action & all due bailout drama & ballooning action !!


fontu

The crazy M5 present top now in gu , trying somehow continue go up !! a sign certainly the crush coming , here or one step up ok .got already a new high & crush starts , so next if another high or over here to see only.

another in M1 , so soon , so 5238 breaks if next 5229 watching if so early crazy end!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdm5.png Size: 25 KB
Click to Enlarge Name: gbpusdm1.png Size: 30 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #337,540
  • Mar 22, 2013 11:21am Mar 22, 2013 11:21am
ok.. here is what i see.. we should be completing the final leg of the inverted H/S pattern on D1 soon if all goes technically right! however, it seems to me that, after putting the fundies in the mix that we are actually forming the head of yet a new H/S pattern and that we should be forming the depth of the head now with this recent upward momentum..

if my claim becomes reality, it does not mean 1.4444!! it just means that trend traders need to be on the lookout for ranging again before deciding that we are following a new trend or a resumption/continuation of the down trend that started in the 6000s

anyway, as i always say, this is just me looking at things.. lets see how it plays out..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
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