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Cable Update (GBPUSD)

  • #339,921
  • May 2, 2013 8:26am May 2, 2013 8:26am
Quoting eitan1010
news/noise/fulse/bullshit!!! will trade after this nonsense bullshits

I agree 100%
  • #339,922
  • May 2, 2013 8:26am May 2, 2013 8:26am
Hey guys. Short on cable from 1,5556.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #339,923
  • May 2, 2013 8:28am May 2, 2013 8:28am
Quoting ChairmanZhen
Got in last night, took profit after ECB rates. Now waiting for a good opportunity to go long again. The good news will push it south a bit for today and maybe tomorrow as well, but the question is how far south? The weekly bar will end positive and Surely it will rise again next week. That monthly hammer can not be stopped. I agree with navin that we will be looking at 1.6 or 1.58 this month.
Hopefully not!!!
  • #339,924
  • May 2, 2013 8:31am May 2, 2013 8:31am
Quoting ferreira1239
gbpusd going down but not convinced of follow through yet.
going south for now....after this circus will end and correlation with loosing euro zone will end

its will go up again and tomorrow we have the N F$$$ P too so lets see...

thats my opinion...
when GOD brings you a challenge he also gives you the power to deal with it
  • #339,925
  • May 2, 2013 8:42am May 2, 2013 8:42am
Quoting skyhawkps
{quote} Hopefully not!!!
if u r in bed position u can allways hedge it dont forget

always watch your baby.. (your investment)
when GOD brings you a challenge he also gives you the power to deal with it
  • #339,926
  • May 2, 2013 9:46am May 2, 2013 9:46am
Gu first support? Your numbers ?

i think 5450
  • #339,927
  • May 2, 2013 9:56am May 2, 2013 9:56am
Anyone remember this? Target 2 attained and price behavior gets interesting right in line with the fundamental catalysts this week. Here is an updated chart. Enjoy!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd update.gif Size: 80 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #339,928
  • May 2, 2013 9:57am May 2, 2013 9:57am
Quoting Trader88q
Gu first support? Your numbers ? i think 5450
first TP here reached , now probably a bounce and than perhaps 1.5450
Attached Image (click to enlarge)
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  • #339,929
  • May 2, 2013 10:16am May 2, 2013 10:16am
but if it break 1.5380 in the daily we have this
Attached Image (click to enlarge)
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  • #339,930
  • May 2, 2013 10:34am May 2, 2013 10:34am
+75 pips profit this week

i was right about freaky bulls.

adios till monday
  • #339,931
  • Edited 11:20am May 2, 2013 10:53am | Edited 11:20am
don't be over optimistic.... just remember about monthly candle.

as harmonian.... remember that all ratio is just a price movement modelling..

am bearish aniway... what a crash ????
Quoting iqyu5an
start re testing 5500 ??? ahhh dunno... using daily fib.. 5477.. is quite possible... but i dunno ...
Quoting iqyu5an
? plz check the divergence and there's big bearish abcd pattern plus 3 drive pattern also just imho {quote} {quote}
Quoting iqyu5an
yap bro.. i see 3 drive bearish setup in weekly for kiwi already ( last week once it hits the ratio.. she drop instantly..well now could be re testting resistance zone first before any drop ) . in gu.. similar thing i see 3 drives bearish setup in daily already also. but those are technical.... grhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh am not fundamentalist............................ {quote}



Quoting CNTrader
Anyone remember this? Target 2 attained and price behavior gets interesting right in line with the fundamental catalysts this week. Here is an updated chart. Enjoy! {image}
not euphoria follower
  • #339,932
  • May 2, 2013 10:56am May 2, 2013 10:56am
prev support... 554x .... keep on eyed before 547x
not euphoria follower
  • #339,933
  • May 2, 2013 10:56am May 2, 2013 10:56am
S&P at all time high,weak US datas,china slowing,may()...time to sell and forget,at least 500 pips down!!
  • #339,934
  • May 2, 2013 1:03pm May 2, 2013 1:03pm
short here @ 1.5536 small possition.
  • #339,935
  • May 2, 2013 2:01pm May 2, 2013 2:01pm
Ok bear start but not yet a good confirmation , a leg up towards top or even more can initiate the great bear !!similar eu & gu .First of all , eu 3034 breaks for final 2955 , gu 5468 start , final 5420 confirmation . and even they breaks a leg up is very likely before the Great GO>>
fontu
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusdh4.png Size: 31 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #339,936
  • May 2, 2013 2:09pm May 2, 2013 2:09pm
I think you see a valid bear candle ,@ top of channel


Quoting Bones
ok daily looks bullish ,early move next week very important bulls want to take and close over 50% min , {image} {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #339,937
  • Edited May 3, 2013 2:57am May 2, 2013 2:38pm | Edited May 3, 2013 2:57am
Quoting Bones
I think you see a valid bear candle ,@ top of channel {quote} {image}
Ok daily may day one & today in confusion again and weekly close may have to develop a bear candle against a weekly bullish tone . a formal limit for down immediate up , broken can take few hundreds up still for the pullback 5800 + . so needs 2 more weeks ranging instead if all ok Now bear as analysed . After all, do or die action continues .

usdcad lost its immediate bull set up , broken limit for up 1.0054 , so more down likely to weaken usd further , below parity ( 0.9829) there to get support . so more turmoils actually expecting before the GO .just observation .
thanks ,
fontu

Just add Gold chart , Bull set up strong at top ,till not failed purposely again .so little careful bears .1439 breaks need min for bears go now .initiation of crush if failed further up with breaks 1473 , 71, 65 , without go up . anyway today is important for the decision .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 34 KB
Click to Enlarge Name: goldh4.png Size: 33 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #339,938
  • May 2, 2013 11:08pm May 2, 2013 11:08pm
Quoting iqyu5an
don't be over optimistic.... just remember about monthly candle. as harmonian.... remember that all ratio is just a price movement modelling.. am bearish aniway... what a crash ???? {quote} {quote} {quote} {quote}
Lol I appreciate the concern and I hear ya loud and clear. Thanks. Just as a side note since you brought it up. Not taking anything away from what you do cause i respect you as a trader in your own right but for my purposes last months candle (April) means absolutely nothing to me other then the fact that it closed above structure that it previously broke and that it presented another opportunity to enter long within the month lol. Neither of which in both my experience and opinion invalidate the scenarios I laid out. Now the previous months candle (march) well that had my attention as did the daily bullish pattern as you can see from my chart. To be honest it doesnt matter to me which direction it goes in I don't marry the analysis i only date it for a while and upgrade it when need be hahahaha. Either way I'm gonna take advantage of the opportunities that present and trade what I see throughout the days weeks and months ahead. Just sharing one side of the puzzle and its possibilities from a bigger picture potential view and the analysis presented has the potential to play out and if it does I will gladly take the opportunities that present to participate as I did earlier today off that nice resistance at both the 50% fib and the top of that bullish flag channel I drew in. Anyway thanks for looking out and good luck to you always. Enjoy, make a great day, have fun, smile a lot, and may we all make bank!!
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #339,939
  • May 3, 2013 3:11am May 3, 2013 3:11am
Long GBP
Attached Image (click to enlarge)
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  • #339,940
  • May 3, 2013 3:52am May 3, 2013 3:52am
Stop@5517 ....Target AP Median Line @ 5606
Attached Image (click to enlarge)
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