Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

Last Post
1 16902 16903 Page 16904 16905 16906 43758
1 Page 16904 43758

#338,061
Apr 2, 2013 4:25am Apr 2, 2013 4:25am

Pip Anon
Joined Jan 2013 | Status: Trading defies logic | 4,643 Posts

Quoting A-speculator

Disliked

use 4h mate.. don't trade the noise but try to filter the noise

Ignored

I use a larger tick. I normally use 4H/1D. Ticks give the actual order data opposed to a grouped TF. Trying it out and see what happens.

When the facts change I change my mind, what do you do sir

#338,062
Apr 2, 2013 4:27am Apr 2, 2013 4:27am

A-speculator
Joined May 2009 | Status: Trader | 4,895 Posts

Quoting Pip Anon

Disliked

I use a larger tick. I normally use 4H/1D. Ticks give the actual order data opposed to a grouped TF. Trying it out and see what happens.

Ignored

if that's so, i think you will be fine mate..

don't be afraid to take losses if you're wrong, always use SL.

with that's said, all the best, may green pips always be with you.

#338,063
Apr 2, 2013 4:31am Apr 2, 2013 4:31am

xau
| Joined Sep 2012 | Status: :) | 225 Posts

Quoting Maso

Disliked

The pair dropped sharply from 1.5230. Then, it will go down more.

Ignored

Possible, tho, i have Weekly central pivot at 1.5181, at 1.5181 i have 200sma on (1h), 55ema on 4h at 1.5173, all these resistance makes me nervous, off course we have double top on 4h and bad fundamentals, plus official bank rate on 4th of April, could see a whipsaw till that day.

#338,064
Apr 2, 2013 4:32am Apr 2, 2013 4:32am

xau
| Joined Sep 2012 | Status: :) | 225 Posts

Quoting xau

Disliked

Possible, tho, i have Weekly central pivot at 1.5181, at 1.5181 i have 200sma on (1h), 55ema on 4h at 1.5173, all these resistance makes me nervous, off course we have double top on 4h and bad fundamentals, plus official bank rate on 4th of April, could see a whipsaw till that day.

Ignored

i meant suport

#338,065
Apr 2, 2013 4:32am Apr 2, 2013 4:32am

Pip Anon
Joined Jan 2013 | Status: Trading defies logic | 4,643 Posts

Quoting A-speculator

Disliked

if that's so, i think you will be fine mate.. don't be afraid to take losses if you're wrong, always use SL. with that's said, all the best, may green pips always be with you.

Ignored

You as well

Cheers

When the facts change I change my mind, what do you do sir

#338,066
Apr 2, 2013 4:38am Apr 2, 2013 4:38am

FuzaGame
| Joined Mar 2013 | Status: I found my EDGE | 22 Posts

i'm sure this week that would be big bearish for GU. those my view, please comment

Attached Image (click to enlarge)

Click to Enlarge

Name: Picture1.png
Size: 292 KB

#338,067
Apr 2, 2013 4:39am Apr 2, 2013 4:39am

willi1904
| Joined Jun 2010 | Status: Trader | 8 Posts

SHORT if Breaks 1.5180 target 1.5100 to form double bottom.

#338,068
Apr 2, 2013 4:44am Apr 2, 2013 4:44am

blobsaudio
| Joined Feb 2013 | Status: Trader | 334 Posts

Quoting willi1904

Disliked

SHORT if Breaks 1.5180 target 1.5100 to form double bottom.

Ignored

Attached Image (click to enlarge)

Click to Enlarge

Name: hmm.jpg
Size: 271 KB

#338,069
Apr 2, 2013 4:52am Apr 2, 2013 4:52am

xau
| Joined Sep 2012 | Status: :) | 225 Posts

Quoting FuzaGame

Disliked

i'm sure this week that would be big bearish for GU. those my view, please comment {image}

Ignored

Dont know, im used to draw TL like this (red line), so it would be whole different scenario, but GU is driven more by fundies, so bearish scenario is more likely, but i dont know realy...

Attached Image (click to enlarge)

Click to Enlarge

Name: Picture1.png
Size: 301 KB

#338,070
Apr 2, 2013 5:00am Apr 2, 2013 5:00am

Maso
| Joined Feb 2013 | Status: Trader | 907 Posts

We will see below 1.5160 though is nothing when we have 1.5000...

Quoting blobsaudio

Disliked

{image}

Ignored

#338,071
Apr 2, 2013 5:05am Apr 2, 2013 5:05am

FXMindset
| Membership Revoked | Joined Aug 2011 | 7,263 Posts

Its to early for call the correction its over,we would never know until the daily close and confirmation with break

The Pound Daily

Attached Image (click to enlarge)

Click to Enlarge

Name: Pound.png
Size: 9 KB

If there was easy money lying around,no one would be forcing it into your

#338,072
Apr 2, 2013 5:16am Apr 2, 2013 5:16am

fontu
Joined Mar 2008 | Status: Name real with real own way | 23,415 Posts

So a start at an early perhaps now , that is probable crush , breaks down 5217 , 5186 confirmation & next waiting another confirmation 5176 for next probable bounce 5146, breaks there to next confirmation 5093 again to 5026 & others low as of previous formula.
carry on market in correction , medium term ,that there should be another leg up , may not that strong as not taken the supports timely , rather moved in vain . another bailout may need that leg so soon ?? or final crush to be seen perhaps at next top .

immediate move towards as far limit for down 5214 to 5150/46 bounce or below 5206 to break that support 5150 also.
lets see
fontu

Attached Image (click to enlarge)

Click to Enlarge

Name: gbpusdm15.png
Size: 57 KB

Not understand?better not follow my analyses!doubt clearer first, risks ++

#338,073
Apr 2, 2013 6:18am Apr 2, 2013 6:18am

airafx
Joined Oct 2012 | Status: Realize my dream | 86 Posts

Quoting Maso

Disliked

We will see below 1.5160 though is nothing when we have 1.5000...

Ignored

This is HL in my H4 view

#338,074
Apr 2, 2013 6:19am Apr 2, 2013 6:19am

xau
| Joined Sep 2012 | Status: :) | 225 Posts

Hard to say at the moment, looking at DXY its not so clear: do we have strong or weak dollar, looking at daily looks like lower low, tho, cable could be weaker than dollar, compared to other pairs US dollar is mixed as well, XAU<USD, USD>JPY, USD<CAD, AUD>USD, USD>CHF... hard to say, better to wait NEwYorkers...

Attached Image (click to enlarge)

Click to Enlarge

Name: DXY Chart - DOLLAR INDEX SPOT - Bloomberg_2013-04-02_14-07-52.jpg
Size: 82 KB

#338,075
Apr 2, 2013 6:36am Apr 2, 2013 6:36am

Maso
| Joined Feb 2013 | Status: Trader | 907 Posts

That's it

Next target=1.5100 for now. Then, 1.50 on Thursday.

Quoting Maso

Disliked

We will see below 1.5160 though is nothing when we have 1.5000...

Ignored

#338,076
Apr 2, 2013 6:48am Apr 2, 2013 6:48am

Maso
| Joined Feb 2013 | Status: Trader | 907 Posts

If you have a look at majors, you can see that the only pair which is falling is STERLING

AUD=UP , NZD=UP , STERLING= Niagara Fall

#338,077
Apr 2, 2013 6:51am Apr 2, 2013 6:51am

Pip Anon
Joined Jan 2013 | Status: Trading defies logic | 4,643 Posts

Quoting Maso

Disliked

If you have a look at majors, you can see that the only pair which is falling is STERLING AUD=UP , NZD=UP , STERLING= Niagara Fall

Ignored

It wanted to go on that BS run yesterday.

When the facts change I change my mind, what do you do sir