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Cable Update (GBPUSD)

  • #337,881
  • Mar 28, 2013 6:36am Mar 28, 2013 6:36am
Quoting Maso
Yes, you know that the 300 pips move happened three weeks ago. I would not be surprised if I see below 1.5 today.
that will surprise me mate... lol.

breaking 1.5 with just 1 push.. that's gonna be big surprise to me.
  • #337,882
  • Mar 28, 2013 6:40am Mar 28, 2013 6:40am
Because it is going to close the month on this level, I think. And then, ?!

Quoting A-speculator
that will surprise me mate... lol.

breaking 1.5 with just 1 push.. that's gonna be big surprise to me.
  • #337,883
  • Mar 28, 2013 6:40am Mar 28, 2013 6:40am
Quoting Maso
Yes, you know that the 300 pips move happened three weeks ago. I would not be surprised if I see below 1.5 today.
If 5093/87 goes then 5050/40 will be a decider.. But 5018/10 have quite good potential for another bounce
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  • #337,884
  • Mar 28, 2013 6:45am Mar 28, 2013 6:45am
Quoting blobsaudio
1.5185 is where I place it on the daily (resistance and support zones are a lot like beer bellies as one book put it), it was a support and resistance area back in the early 00 and for the past few weeks.
Good one! I traced the level back to mid 2002. Quite a strong support then with more than 5 consecutive weekly candles
finding support this area. Well either 1.5175 or 1.5185, resistance is still a zone.
Cheers Blobs

Danny
  • #337,885
  • Mar 28, 2013 7:02am Mar 28, 2013 7:02am
Quoting A-speculator
that will surprise me mate... lol.

breaking 1.5 with just 1 push.. that's gonna be big surprise to me.
Let's see how the job numbers come out Specs, there's a repayment to be made, me hopes it's made today. But I admit, it's a big chunk to pay back in 1 day lol...
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Come with me if you want to live....
  • #337,886
  • Mar 28, 2013 7:33am Mar 28, 2013 7:33am
Quoting Ill-b-back
Let's see how the job numbers come out Specs, there's a repayment to be made, me hopes it's made today. But I admit, it's a big chunk to pay back in 1 day lol...
that's quite a number of positions mate..
  • #337,887
  • Mar 28, 2013 7:33am Mar 28, 2013 7:33am
But I think the winner is just YEN.

Quoting A-speculator
that's quite a number of positions mate..
  • #337,888
  • Mar 28, 2013 7:36am Mar 28, 2013 7:36am
Quoting A-speculator
that's quite a number of positions mate..
At 10c/pip each, my bark is much bigger than my bite
Come with me if you want to live....
  • #337,889
  • Mar 28, 2013 7:38am Mar 28, 2013 7:38am
Quoting Maso
But I think the winner is just YEN.
oh cable.. i thik the winner is aussie.

let's hope we can see significant movement in candy which later bring weakness to cable.. this has becoming stagnant market.. it like watching paint dry..
  • #337,890
  • Mar 28, 2013 7:39am Mar 28, 2013 7:39am
The unemployment stats did not raise the volumes.
We still cant expect a rally out of this move.
  • #337,891
  • Mar 28, 2013 8:04am Mar 28, 2013 8:04am
Quoting Danny Maina
The unemployment stats did not raise the volumes.
We still cant expect a rally out of this move.
Wait until 3.30 that's when the bank holiday close out will start. See 1.50 - 1.5050 being hit today.
  • #337,892
  • Mar 28, 2013 8:17am Mar 28, 2013 8:17am
Quoting Thfc
Wait until 3.30 that's when the bank holiday close out will start. See 1.50 - 1.5050 being hit today.
Can only wait and see where this ends up.
Still a relatively smaller intraday range
compared to yesterday.
Danny
  • #337,893
  • Mar 28, 2013 8:18am Mar 28, 2013 8:18am
ABCD on M1

AND ABCD on M5

time to sell?

m15 retrace after break
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  • #337,894
  • Mar 28, 2013 9:40am Mar 28, 2013 9:40am
we are in a range for some days , than it will go up to 1.56
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  • #337,895
  • Mar 28, 2013 9:45am Mar 28, 2013 9:45am
Come on bastard, do it!
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  • #337,896
  • Mar 28, 2013 10:00am Mar 28, 2013 10:00am
Quoting -sonny-
we are in a range for some days , than it will go up to 1.56
a daily close above 1.5180* will make it more valid for the correction from 1.4830-1.5260. still weekly close is also important too. below 1.5150 is not healthy for the upside.
  • #337,897
  • Mar 28, 2013 10:35am Mar 28, 2013 10:35am
Quoting Joeldav
I just took the cable long 2 hours ago. Seems momentum is turning. 100 pipTP 50 pip SL
+ 70 pips atm
My position luckily survived the unemployment claims, whew....
  • #337,898
  • Mar 28, 2013 10:54am Mar 28, 2013 10:54am
i think we better brace for a big move in the next 24 probably to the south to test the 5000 may be even lower..

but that is my thinking..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #337,899
  • Mar 28, 2013 10:58am Mar 28, 2013 10:58am
GBPUSD:
BUY
If the price breaks through the level 1.51471 bullish movement will start. Targets of the bullish movement: 1.52088, 1.52643.
SELL
If the price breaks through the level 1.50896 bearish movement will start. Targets of the bearish movement: 1.50361, 1.49744.
  • #337,900
  • Mar 28, 2013 11:04am Mar 28, 2013 11:04am
Quoting baherhosni
i think we better brace for a big move in the next 24 probably to the south to test the 5000 may be even lower..

but that is my thinking..
Now im not quite sure of that.. cable didn't break key level yet.. fibre has lot of room upside.. not a good place for swing trading, At least for me.. Will only daytrade.. be extra careful mate on days like this..
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