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Cable Update (GBPUSD)

  • #338,721
  • Edited 5:26am Apr 11, 2013 5:12am | Edited 5:26am
gold still not bounce great yet , but in action and others one step advanced as thought before . probable top formation in gu presently. more up towards 5400 possible . target still on the downside just with care .

eu , why not try take 3134 & 63 before break down ?

The great bad things happened was broken ucad 1.0100 limit & good thing still another limit may come action 1.0054 .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #338,722
  • Apr 11, 2013 6:51am Apr 11, 2013 6:51am
eu
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #338,723
  • Apr 11, 2013 6:53am Apr 11, 2013 6:53am
pending long on cable at 5350.. will wait for retracement..
  • #338,724
  • Apr 11, 2013 6:54am Apr 11, 2013 6:54am
gu
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #338,725
  • Apr 11, 2013 7:02am Apr 11, 2013 7:02am
disapointing so far ,lets see now


Quoting Bones
gold 30 min chart {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #338,726
  • Apr 11, 2013 7:10am Apr 11, 2013 7:10am
usd ,carefull of tl
its the res we see usd charts
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #338,727
  • Apr 11, 2013 7:28am Apr 11, 2013 7:28am
moved my SL to 1.5380 and the TP higher , ready for good or bad news
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  • #338,728
  • Apr 11, 2013 7:32am Apr 11, 2013 7:32am
Quoting -sonny-
moved my SL to 1.5380 and the TP higher , ready for good or bad news
Well that was a rather flat reaction
  • #338,729
  • Apr 11, 2013 7:36am Apr 11, 2013 7:36am
Quoting cdndollar
Good to hear Ibb.. yes, need to keep an eye on those bottoms.. very tempting for the bears to attack..
Yeah, don't turn your back on a bear, you never know what he's thinking

lol...
Come with me if you want to live....
  • #338,730
  • Apr 11, 2013 7:47am Apr 11, 2013 7:47am
Thanks for these four lovely clouds

Quoting cdndollar
Hey Ibb.. long time no talk.. hope you're fine.. {image} "Quad Bottoms" Formation..
  • #338,731
  • Apr 11, 2013 7:54am Apr 11, 2013 7:54am
If the cable breaks 1.5420, why don't you expect touching 1.5680?

Quoting Ill-b-back
I agree, broke daily wedge, 5450 next
  • #338,732
  • Apr 11, 2013 7:55am Apr 11, 2013 7:55am
My sweet spots for shorting. Lower ones more on intraday basis and the higher ones for longer term positions:
8696 - most notable breakout point in weekly and its so sweet that I cant even dare to dream about that entry..
5520'ties (+-)
56024 the obvious midle
5514 (the exact one; may get overshooted intraday, but with session close bellow as bearish confirmation would be a strong one)
5475 - possible exhaustion point for fading intraday especially if keeps going without retracements..

W1:
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69
  • #338,733
  • Apr 11, 2013 8:04am Apr 11, 2013 8:04am
I load longs for scalping and do not expect big falling for at least this week. Tonight Yen may become strong which helps sterling going up.

Quoting Likerty
My sweet spots for shorting. Lower ones more on intraday basis and the higher ones for longer term positions: 8696 - most notable breakout point in weekly and its so sweet that I cant even dare to dream about that entry.. 5520'ties (+-) 56024 the obvious midle 5514 (the exact one; may get overshooted intraday, but with session close bellow as bearish confirmation would be a strong one) 5475 - possible exhaustion point for fading intraday especially if keeps going without retracements.. W1: {image}
  • #338,734
  • Apr 11, 2013 8:11am Apr 11, 2013 8:11am
Quoting Maso
If the cable breaks 1.5420, why don't you expect touching 1.5680?
I don't recall saying it wouldn't. All I said was 5450 next. But I am interested in understanding why it should go to 5680 if it break 5420.

I've posted my analysis for where I will be looking for a bearish setup.
1.55xx is an interesting area for me though.
Come with me if you want to live....
  • #338,735
  • Apr 11, 2013 8:13am Apr 11, 2013 8:13am
Quoting Ill-b-back
I don't recall saying it wouldn't. All I said was 5450 next. But I am interested in understanding why it should go to 5680 if it break 5420. I've posted my analysis for where I will be looking for a bearish setup. 1.55xx is an interesting area for me though.
Nice Spot Sr bback
If there was easy money lying around,no one would be forcing it into your
  • #338,736
  • Apr 11, 2013 8:38am Apr 11, 2013 8:38am
On cable, most of the time I focus on what BOE say. However, I always check its correlation to other majors.

Quoting Ill-b-back
I don't recall saying it wouldn't. All I said was 5450 next. But I am interested in understanding why it should go to 5680 if it break 5420. I've posted my analysis for where I will be looking for a bearish setup. 1.55xx is an interesting area for me though.
  • #338,737
  • Apr 11, 2013 8:41am Apr 11, 2013 8:41am
Quoting FXMindset
Nice Spot Sr bback
Hi Sir Mindset
Thanks, I hope you're feeling better soon Sir

It's late here, I'm off to bed, I have a cold also Sir
Come with me if you want to live....
  • #338,738
  • Apr 11, 2013 8:43am Apr 11, 2013 8:43am
Quoting Maso
On cable, most of the time I focus on what BOE say. However, I always check its correlation to other majors.
Ok thanks Maso
Come with me if you want to live....
  • #338,739
  • Apr 11, 2013 8:48am Apr 11, 2013 8:48am
ok with regard to cable h4 it has broke up ! is it time for reversal ?
GBP LFX is bullish over 2.6300




Quoting Bones
gu {image} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #338,740
  • Apr 11, 2013 9:00am Apr 11, 2013 9:00am
gbp lfx w1

gbp is not an easy read ,but I read bullish for mo


Quoting Bones
ok with regard to cable h4 it has broke up ! is it time for reversal ? GBP LFX is bullish over 2.6300 {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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