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Cable Update (GBPUSD)

  • #338,001
  • Mar 31, 2013 11:52pm Mar 31, 2013 11:52pm
Quoting A-speculator
imho, price will go down slowly towards US session where we might get some volatility.. since holidays in the europe today..
Very possible, but I am just curious because friday with US and others closed, GBP was one of the only pairs to move anywhere; and it moved up. I know its thin now but GBP has seem to be the most stubborn recently.
When the facts change I change my mind, what do you do sir
  • #338,002
  • Apr 1, 2013 12:02am Apr 1, 2013 12:02am
Quoting Pip Anon
Very possible, but I am just curious because friday with US and others closed, GBP was one of the only pairs to move anywhere; and it moved up. I know its thin now but GBP has seem to be the most stubborn recently.
i agree, tell u the truth, there are 2 stubborn pairs:

1) cable
2) ucad

it's better trading fiber and swissy than those 2 pairs i think (i short fiber and long swissy), but ucad seems very, very like will have major push to the upside based on daily.. perhaps that will make cable weak.. question is when? lol.
  • #338,003
  • Apr 1, 2013 12:04am Apr 1, 2013 12:04am
Quoting A-speculator
i agree, tell u the truth, there are 2 stubborn pairs: 1) cable 2) ucad it's better trading fiber and swissy than those 2 pairs i think (i short fiber and long swissy), but ucad seems very, very like will have major push to the upside based on daily.. perhaps that will make cable weak.. question is when? lol.
lol, I stopped trading the UCAD because after it made it's high it is kind of just hanging there.
When the facts change I change my mind, what do you do sir
  • #338,004
  • Apr 1, 2013 12:07am Apr 1, 2013 12:07am
Quoting Pip Anon
lol, I stopped trading the UCAD because after it made it's high it is kind of just hanging there.
yeah, i have a swing position @ 1.0155 since last week.. oh well..
  • #338,005
  • Apr 1, 2013 12:09am Apr 1, 2013 12:09am
Quoting Pip Anon
Would be nice but 1.5181 pivot S1 holding well. With a thin market due to holiday, I don't know if traders want to take it down.
Ok . not bad idea . More up at ranging top /mofu to have more chance it down near soon , levels 5201, 5220/25, 5258 & last 5317 or even few pips up to 5026 target or so next probable while after the immediate, more correction in action or try last or to crush in doing so like if hold now ,any !.

so 5176 is the no. to see breaks !!


People mentioned ucad , yes few pips down ok there 1.0100 limit for the next great up, 1.0852 as next target .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm30.png Size: 38 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #338,006
  • Apr 1, 2013 12:17am Apr 1, 2013 12:17am
Damn 1.5181!!!!! If we get past it we should see some nice downside. Fundamentally, it can give way. Then again, I can't move it alone lol. Given the thin market, I think it will move upwards.

Short @ 1.5197
Attached Image (click to enlarge)
Click to Enlarge Name: cable.png Size: 135 KB
When the facts change I change my mind, what do you do sir
  • #338,007
  • Apr 1, 2013 12:19am Apr 1, 2013 12:19am
Quoting Pip Anon
Damn 1.5181!!!!! If we get past it we should see some nice downside. Fundamentally, it can give way. Then again, I can't move it alone lol. Short @ 1.5197 {image}
oh.. take your time mate.. still few hours to go before US..

will see u guys later..
  • #338,008
  • Apr 1, 2013 12:26am Apr 1, 2013 12:26am
Quoting A-speculator
oh.. take your time mate.. still few hours to go before US.. will see u guys later..
Lol I will. Have a good one.
When the facts change I change my mind, what do you do sir
  • #338,009
  • Apr 1, 2013 2:25am Apr 1, 2013 2:25am
early indications suggest a move up. Support at 1.5180 likely to hold
  • #338,010
  • Apr 1, 2013 3:04am Apr 1, 2013 3:04am
Daily Pound - Possibility
Attached Image (click to enlarge)
Click to Enlarge Name: Pound.png Size: 11 KB
If there was easy money lying around,no one would be forcing it into your
  • #338,011
  • Apr 1, 2013 4:28am Apr 1, 2013 4:28am
Its bearish

Quoting Pip Anon
lol, I stopped trading the UCAD because after it made it's high it is kind of just hanging there.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #338,012
  • Apr 1, 2013 4:29am Apr 1, 2013 4:29am
rangebound


Quoting A-speculator
i agree, tell u the truth, there are 2 stubborn pairs: 1) cable 2) ucad it's better trading fiber and swissy than those 2 pairs i think (i short fiber and long swissy), but ucad seems very, very like will have major push to the upside based on daily.. perhaps that will make cable weak.. question is when? lol.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #338,013
  • Apr 1, 2013 5:24am Apr 1, 2013 5:24am
Potential break to the upside but looks likes there's a bit of resistance
  • #338,014
  • Edited 3:05pm Apr 1, 2013 5:48am | Edited 3:05pm
5220 resistance acting on , ok to see limits up immediately at 5193 & next 5178 , if then all down levels in the morning shows . lets move or pull another small leg up towards 5220,25/26 OK for the same to watch perhaps . important next 5258 though but not hope yet .
and where ever up, target is down for me now short term .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm30.png Size: 39 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #338,015
  • Apr 1, 2013 7:41am Apr 1, 2013 7:41am
under pressure the seller... finally the buyer is win
  • #338,016
  • Apr 1, 2013 7:49am Apr 1, 2013 7:49am
a clear break of 1.5220, is needed for the move to test 1.5258* again.
  • #338,017
  • Apr 1, 2013 7:52am Apr 1, 2013 7:52am
tight range
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h4 1-4-13.png Size: 62 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #338,018
  • Apr 1, 2013 9:40am Apr 1, 2013 9:40am
1.5240-58 creating some pressure still,

1.5220 should provide some minor resistance turns support meanwhile until either side break to give way.

Above 1.5258, i have 1.5281 first. Before 1.53

Meanwhile, a bearish butterfly retracement from 1.5240.

Asia's R T S likely @ 1.5218-25.
Attached Image (click to enlarge)
Click to Enlarge Name: bearish butterfly.png Size: 58 KB
  • #338,019
  • Apr 1, 2013 9:42am Apr 1, 2013 9:42am
Quoting 5percent
1.5240-58 creating some pressure still, 1.5220 should provide some minor resistance turns support meanwhile until either side break to give way. Above 1.5258, i have 1.5281 first. Before 1.53
Not sure its got the legs for more north, if that was the new high then attention will become very bearish. Watching and waiting
Money never sleeps...
  • #338,020
  • Apr 1, 2013 9:43am Apr 1, 2013 9:43am
Quoting fontu
5220 resistance acting on , ok to see limits up immediately at 5193 & next 5178 , if then all down levels in the morning shows . lets move or pull another small leg up towards 5220,25/26 OK for the same to watch perhaps . important next 5258 though but not hope yet . and where ever up, target is down for me now short term . fontu {image}
Agreed, news may have given us just what we need for selling opportunity
Money never sleeps...
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