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Cable Update (GBPUSD)

  • #337,841
  • Mar 28, 2013 4:02am Mar 28, 2013 4:02am
Quoting A-speculator
is it london already? hope to see 5015 today..
Opened 1hr ago.
  • #337,842
  • Mar 28, 2013 4:04am Mar 28, 2013 4:04am
The cable is not able to break the BEARISH LINE:

Attached Image (click to enlarge)
Click to Enlarge Name: GBP.jpg Size: 114 KB
  • #337,843
  • Mar 28, 2013 4:08am Mar 28, 2013 4:08am
Quoting blobsaudio
Opened 1hr ago.
yeah, i know mate, just joking..
  • #337,844
  • Mar 28, 2013 4:14am Mar 28, 2013 4:14am
Quoting Maso
The cable is not able to break the BEARISH LINE:

Attachment
nearest major obstacle i think is 5000 (for bearish), i'm not sure if it's able to break it by today or next week.. gonna TP at about 5015-25, depending on the movement.
  • #337,845
  • Mar 28, 2013 4:14am Mar 28, 2013 4:14am
Quoting Maso
The cable is not able to break the BEARISH LINE:

Attachment

In this case, inpatient will going to eat his computer / desk / wife / kids etc .......sad.....
  • #337,846
  • Mar 28, 2013 4:17am Mar 28, 2013 4:17am
I'm so sorry for him for this inconvenience . It is just my analysis...

Quoting Gbpnewbird
In this case, inpatient will going to eat his computer / desk / wife / kids etc .......sad.....
  • #337,847
  • Mar 28, 2013 4:19am Mar 28, 2013 4:19am
Quoting A-speculator
is it london already? hope to see 5015 today..
how it goes there? why 5015
  • #337,848
  • Mar 28, 2013 4:22am Mar 28, 2013 4:22am
Quoting Gbpnewbird
In this case, inpatient will going to eat his computer / desk / wife / kids etc .......sad.....
  • #337,849
  • Mar 28, 2013 4:30am Mar 28, 2013 4:30am
trading fiber has been very very profitable than trading cable these days.. any fundamentalist here who can explain this? is in the foreseen future of economy the pound is better than the euro against the usd?
  • #337,850
  • Mar 28, 2013 4:32am Mar 28, 2013 4:32am
Quoting Maso
I'm so sorry for him for this inconvenience . It is just my analysis...


  • #337,851
  • Mar 28, 2013 4:35am Mar 28, 2013 4:35am
During a big fall we saw since January, they ate lots of money from losers, I think more than 3% which is a huge money. Now they are digesting this money and cannot move. After two or three months, they will start eating more money by starting a new unpredictable movement.

Quoting A-speculator
trading fiber has been very very profitable than trading cable these days.. any fundamentalist here who can explain this? is in the foreseen future of economy the pound is better than the euro against the usd?
  • #337,852
  • Mar 28, 2013 4:37am Mar 28, 2013 4:37am
Quoting Maso
During a big fall we saw since January, they ate lots of money from losers, I think more than 3% which is a huge money. Now they are digesting this money and cannot move. After two or three months, they will start eating more money by starting a new unpredictable movement.
that doesn't explain it.. does the pound is no longer a high risk currency then? i mean is euro is riskier than pound?
  • #337,853
  • Mar 28, 2013 4:40am Mar 28, 2013 4:40am
...
posible good sell with small SL
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 16 KB
  • #337,854
  • Mar 28, 2013 4:43am Mar 28, 2013 4:43am
Quoting walkman
...
posible good sell with small SL
yups, thats where my entry today mate.. but i hate this movement, suppose not like this when bearish.. will monitor closely..
  • #337,855
  • Mar 28, 2013 4:46am Mar 28, 2013 4:46am
It will be cleared in the next week which we will hear from Super Mario.

Quoting A-speculator
that doesn't explain it.. does the pound is no longer a high risk currency then? i mean is euro is riskier than pound?
  • #337,856
  • Mar 28, 2013 4:50am Mar 28, 2013 4:50am
Quoting Maso
It will be cleared in the next week which we will hear from Super Mario.
maybe.. i just don't like it.. cleared my position for 2 pips loss and move on to fiber only..
  • #337,857
  • Mar 28, 2013 4:56am Mar 28, 2013 4:56am
Quoting inpatient
damn choppy cable, don't know what it wants to do right now.
Have an eye out for Long

Moving avrges 9 and 18 are both up. Usualy a sign for new trend swing
  • #337,858
  • Mar 28, 2013 4:58am Mar 28, 2013 4:58am
Quoting A-speculator
maybe.. i just don't like it.. cleared my position for 2 pips loss and move on to fiber only..
still sell is posible until it makes HH on H1
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 47 KB
  • #337,859
  • Mar 28, 2013 5:00am Mar 28, 2013 5:00am
Quoting walkman
still sell is posible until it makes HH on H1
maybe, but too mush whipsaw, too much headache.. i think i'm better off with fiber atm.. until cable shows its trend back then i'll consider trading it..

perhaps after it pass 5140.. until then, later mate..
  • #337,860
  • Mar 28, 2013 5:02am Mar 28, 2013 5:02am
Waiting for reaction to 5195, later on: 5212, 5274, 5340, 5474/80

5447/80 looks nice for intraday shorting especially if it overshoots to 5520'ties in one go.. Still long way to go of course..
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