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Cable Update (GBPUSD)

  • #340,681
  • May 12, 2013 4:09pm May 12, 2013 4:09pm
pro realtime ? its free end of day I think ,thought you were short ?



Quoting nAVIN2007
{quote} that will do as well i will exit if 1.58 is reached..i lost most of the charting software to see quarterly charts, i cant even remember what i used?..u wont have an idea would u?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,682
  • May 12, 2013 4:13pm May 12, 2013 4:13pm
I was thinking that seems something coming for my view point lol anyway really from tech point 58.92/60 on lfx jpy seems very strong indeed ,
trouble with jpy is not sure how real the market is



Quoting Fudomyo
{quote} Yes medium term we will see some strength. In the last 78 to 148 trade in the 90's there were large pullbacks, so it wasn't for the faint of heart. The biggest was around 2000 pips. That trade had different parameters that were less accommodating for risk. Less debt to GDP. Well before the bell curve tipping point on age demographics. The current account collapse. There are a number of factors which don't make this purely a Abenomics trade. It's going to swing wildly, but it's going to go to where the needle needs to be. We would need a...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,683
  • May 12, 2013 4:23pm May 12, 2013 4:23pm
IBB I think your being overly defensive , anyway here's an absolute classic f up .lol

Ive posted a lot ,maybe too much ,I started here I like it ,anyway ill have a break


http://www.forexfactory.com/showthre...55#post6582055
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,684
  • May 12, 2013 4:57pm May 12, 2013 4:57pm
Quoting Bones
IBB I think your being overly defensive , anyway here's an absolute classic f up .lol Ive posted a lot ,maybe too much ,I started here I like it ,anyway ill have a break http://www.forexfactory.com/showthre...55#post6582055
No Bones, I was pointing out things nothing more.

It is Tyrant that gets overly defensive whenever someone has a different idea to his own.
He often takes it very personally saying "he is against me",

lol...

Come on man, check out the tone of his posts.

Anyway, 38.2 fib at 5311 on my chart.

Have a great day everyone.
Come with me if you want to live....
  • #340,685
  • May 12, 2013 5:02pm May 12, 2013 5:02pm
Quoting Ill-b-back
And note the position of the 200 SMA on weekly (and daily actually), nice confluence with 61.8 fib and TL's which myself and others have highlighted earlier
  • #340,686
  • May 12, 2013 11:39pm May 12, 2013 11:39pm
Ok , let it carry out probable correction up or even bull action ( kill them all & come back alone , crazy up ) if possible to see next set up , next or next day ,so careful on all sides in this ranging /turmoils/pullback etc as can still be extreme . Broken levels of interest , retest next likely to have correction & next decision , no medium term bear confirmation ( initial done only ) yet in hand , eg. gu 5196 for 5036-4916 length wave down .so must try for this level now , better say this week if no much crazy stunt !!will observe for if any .

fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 39 KB
Click to Enlarge Name: eurusdh4.png Size: 37 KB
Click to Enlarge Name: goldh4.png Size: 46 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #340,687
  • May 13, 2013 12:22am May 13, 2013 12:22am
one of the humble , fair and realistic trader............that i ever saw.....

Quoting [B
fontu[/b];6675259]Ok , let it carry out probable correction up or even bull action ( kill them all & come back alone , crazy up ) if possible to see next set up , next or next day ,so careful on all sides in this ranging /turmoils/pullback etc as can still be extreme . Broken levels of interest , retest next likely to have correction & next decision , no medium term bear confirmation ( initial done only ) yet in hand , eg. gu 5196 for 5036-4916 length wave down .so must try for this level now , better say this week if no much crazy stunt !!will observe for if any...
not euphoria follower
  • #340,688
  • May 13, 2013 12:32am May 13, 2013 12:32am
ok new week new candle...
let see how this weekly candle will close..if it will be bearish one so monthly bulish patern will vanish away...and that will be the signal for me
to leave bull ship..
let see what this week will bring.
good week and green pip to all whether u bull or bear
peace all.
when GOD brings you a challenge he also gives you the power to deal with it
  • #340,689
  • May 13, 2013 1:31am May 13, 2013 1:31am
seems like 1.5370 area act as very strong resistance for retrace as initial bullish confirmation, this is 23.6 Fibo from 1.5315 to 1.5585, if this resistance remain, another strong bearish will come soon, need more confirmation for entry, harmonic pattern at H4 providing very wide range PRZ, possible reverse at 1.5262 show the risk for bull entry. once this fibo 23.6 passed, initial bull sign become clearer.
Good luck and just beware ...
  • #340,690
  • May 13, 2013 1:58am May 13, 2013 1:58am
Quoting Bones
pro realtime ? its free end of day I think ,thought you were short ? {quote}

nope long, yes that rings a bell, infact i think thats exactly what i was using thanks m8
  • #340,691
  • May 13, 2013 2:08am May 13, 2013 2:08am
Gidday

Man this pair gives me the shits

went short again to 153

Had some good up moves last week

Just doing small trades

time for ninja mode trading
  • #340,692
  • May 13, 2013 3:18am May 13, 2013 3:18am
Looks to me bulls should feel devastated... the Broken Upwards Channel just got retested and it failed to get back above from the look of that long wick....
see you at 1.52
Attached Image (click to enlarge)
Click to Enlarge Name: 20130513.0816.gmt.gbpusd.h4.png Size: 40 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,693
  • May 13, 2013 3:34am May 13, 2013 3:34am
I'm a bull but I'm not devastated. It hasn't broken the upwards channel and that long wick hasn't finished yet....

I am thinking it is a good buying opportunity to be honest. I am hearing you and it does have a lot of caution surrounding it just need to manage risk and it will be a winner

Quoting fxtyrant
Looks to me bulls should feel devastated... the Broken Upwards Channel just got retested and it failed to get back above from the look of that long wick.... see you at 1.52 {image}
  • #340,694
  • May 13, 2013 3:36am May 13, 2013 3:36am
your 4H will finish in next 25 minutes ? not closed yet ..r8 ?


Quoting fxtyrant
Looks to me bulls should feel devastated... the Broken Upwards Channel just got retested and it failed to get back above from the look of that long wick.... see you at 1.52 {image}
not euphoria follower
  • #340,695
  • May 13, 2013 3:37am May 13, 2013 3:37am
Quoting iqyu5an
your 4H will finish in next 25 minutes ? not closed yet ..r8 ? {quote}
right... we'll see but its established 1.5370 to be another resistance.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,696
  • May 13, 2013 3:44am May 13, 2013 3:44am
if it hit 1.5370 will be a long way up again ?
  • #340,697
  • May 13, 2013 4:03am May 13, 2013 4:03am
close..right at 5370 ..( depends on broker ? )
Quoting fxtyrant
{quote} right... we'll see but its established 1.5370 to be another resistance.
not euphoria follower
  • #340,698
  • May 13, 2013 4:05am May 13, 2013 4:05am
Quoting iqyu5an
close..right at 5370 ..( depends on broker ? ) {quote}
looking at my charts again.. 5370 isnt the resistance.. 5375/80 Daily EMA 8 the most immediate of a trend determinant....
if we get rejection here it suggests GBPUSD is gona fall as quick as we did from 1.56
also ive learned a long time ago not to trust a monday move.... unreliable at best because of the low liquidity.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,699
  • May 13, 2013 4:08am May 13, 2013 4:08am
typo ?

Quoting fxtyrant
{quote} right... we'll see but its established 1.5370 to be another resistance.
Quoting fxtyrant
{quote} looking at my charts again.. 5370 isnt the resistance.. 5375/80 Daily EMA 8 the most immediate of a trend determinant.... if we get rejection here it suggests GBPUSD is gona fall as quick as we did from 1.56
not euphoria follower
  • #340,700
  • May 13, 2013 4:11am May 13, 2013 4:11am
Quoting iqyu5an
typo ? {quote} {quote}
well its not really a typo... but heres the thing... RESISTANCE IS NOT A DEFINITE LINE... its normally a REGION... so i can say resistance looks to me its from 1.5370/80 area. unless we get a clean break above 80 its not bullish....

I do not appreciate your feedback, perhaps you should try to contribute sometimes? instead of judging people?

PS. we can already see the reaction....
5370 isnt the precise resistance but one of the number in a region.
next time i should be quoting regions....
just like the resistance at 1.5580/1.56 region we have had before we fell....
something like that.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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