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Cable Update (GBPUSD)

  • #339,361
  • Apr 24, 2013 9:52pm Apr 24, 2013 9:52pm
Quoting FXMindset
{quote} Very nice explanation buddy
thanks .
  • #339,362
  • Apr 24, 2013 9:54pm Apr 24, 2013 9:54pm
Quoting masoud_s
buy gbp-usd 1.5263 tp 1.53
+37
  • #339,363
  • Apr 24, 2013 10:39pm Apr 24, 2013 10:39pm
Quoting FXMindset
{quote} Morning Sr Iiback The Tl of Pound/Dollar seem hold very well,if its valid we might targeting 1.55,,1.5410 need take out solidly for positive one
Good morning Sir Mindset

Hope you are feeling better
Come with me if you want to live....
  • #339,364
  • Apr 24, 2013 11:11pm Apr 24, 2013 11:11pm
Quoting J.Clinton
{quote} Don't think it's sinking. Added another long position 1.5259(after saw bad US data) and lowered my sl for the old and new positions to 1.5243. If gets filled, my profits will still exceed my losses on GU today After bad CDG, don't know why euro dropped Market went
Exited all my today Longs on GU 1.5324. A new day just on the start, time to sleeeeeep a little, will long lower on the wake up
Trade according to current market condition, not what you think would be.
  • #339,365
  • Apr 24, 2013 11:18pm Apr 24, 2013 11:18pm
look out for potential test on 1.5300 or 1.5287/96, for a level of resistance turns support . Failure price will dip with the lower high of 1.533*. Our previous high @ 1.5370/80.

Dip will be confirmed if there isn't a r t s on 1.5287/96, means retracement down wards probability is higher.
  • #339,366
  • Apr 24, 2013 11:38pm Apr 24, 2013 11:38pm
Quoting 5percent
look out for potential test on 1.5300 or 1.5287/96, for a level of resistance turns support . Failure price will dip with the lower high of 1.533*. Our previous high @ 1.5370/80. Dip will be confirmed if there isn't a r t s on 1.5287/96, means retracement down wards probability is higher.
Brilliant. My same outlook for GU. Bulls would be sitting on the 1.528*s If it breaks we maybe back to little above yesterday low I believe.
Bears on the 1.535* If we see 1.54*, gonna turn short.
Now, wanna sleep before like was with the yens, what a blow there, news time conflict burnt my trade, no worries anyway.
Don't want to dream of GU during my sleeeeeeeeeeeep. Need rest people. Leave me
Trade according to current market condition, not what you think would be.
  • #339,367
  • Apr 24, 2013 11:42pm Apr 24, 2013 11:42pm
Good morning , gold at last trying its tough course , continue up anyway , next level hold is 1459 in a narrow range up , can be an intermediate top & next can go more up as in daily tf , just hope not without good breakout.
eu done pullback , gu taking advantages for gold & eu & may try top again , so 5367 , sell point breaks first if so , next 5411 breaks & next 5414 & 51 resistances & new top . so better wait little for min firing level & start the breakout for short only .
gold take as indicator for whole market .
fontu
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #339,368
  • Apr 25, 2013 12:37am Apr 25, 2013 12:37am
Quoting Ill-b-back
{quote} Good morning Sir Mindset Hope you are feeling better
Thank u sir
If there was easy money lying around,no one would be forcing it into your
  • #339,369
  • Apr 25, 2013 12:46am Apr 25, 2013 12:46am
5% have a very nice post,keep posting
If there was easy money lying around,no one would be forcing it into your
  • #339,370
  • Apr 25, 2013 2:20am Apr 25, 2013 2:20am
GDP data is very important and have long term effect. if it will not meet expectations we will go down to 1.5050 in a days.
And even if we meet expectations on friday is US GDP. So i would think we will go down after news in both scenarios.
  • #339,371
  • Apr 25, 2013 2:34am Apr 25, 2013 2:34am
No the US GOV changed the way GDP it's calculated a week ago, so they can lie and fudge the numbers so the number will be better than what everyone is expecting for the US
Quoting Trader88q
GDP data is very important and have long term effect. if it will not meet expectations we will go down to 1.5050 in a days. And even if we meet expectations on Friday is US GDP. So i would think we will go down after news in both scenarios.
  • #339,372
  • Apr 25, 2013 2:36am Apr 25, 2013 2:36am
Quoting Robby
No US GDP they change the way it's calc the number a week ago, so they can lie and fudge the numbers so the number will be better than what everyone is expecting for the US{quote}
Adding 500B of "tangibles" to the GDP - a "one-time thing"
When the facts change I change my mind, what do you do sir
  • #339,373
  • Apr 25, 2013 2:37am Apr 25, 2013 2:37am
Quoting Robby
No the US GOV changed the way GDP it's calculated a week ago, so they can lie and fudge the numbers so the number will be better than what everyone is expecting for the US{quote}
i dont care numbers. care the fact. while we will not see US GDP after UK GDP pound will not rise even with good numbers. Got it?
  • #339,374
  • Apr 25, 2013 2:38am Apr 25, 2013 2:38am
Hey I am short the pound. You have no argument with me. I am looking for the low to get taken out below 1.48
Quoting Trader88q
{quote} i dont care numbers. care the fact. while we will not see US GDP after UK GDP pound will not rise even with good numbers. Got it?
  • #339,375
  • Apr 25, 2013 2:46am Apr 25, 2013 2:46am
Quoting Robby
Hey I am short the pound. You have no argument with me. I am looking for the low to get taken out below 1.48{quote}
i dont trade by that long profits. its risky.
optimal for me is to take +100pips per trade.
pound usually moves +-100 piips per day
  • #339,376
  • Apr 25, 2013 2:51am Apr 25, 2013 2:51am
10 minutes to open a new 4H Bar -
If there was easy money lying around,no one would be forcing it into your
  • #339,377
  • Apr 25, 2013 3:09am Apr 25, 2013 3:09am
Quoting Trader88q
{quote} i dont trade by that long profits. its risky. optimal for me is to take +100pips per trade. pound usually moves +-100 piips per day
Same here!
  • #339,378
  • Apr 25, 2013 3:24am Apr 25, 2013 3:24am
A good sell zone I think

Watch PA if we get up there...
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Come with me if you want to live....
  • #339,379
  • Apr 25, 2013 3:31am Apr 25, 2013 3:31am
W.t.f woooooowwwwwwwwwww
when GOD brings you a challenge he also gives you the power to deal with it
  • #339,380
  • Apr 25, 2013 3:31am Apr 25, 2013 3:31am
Quoting eitan1010
W.t.f woooooowwwwwwwwwww
Better than expected GDP figures.

Amazing how the UK economy is managing to grow despite consumers getting poorer.
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