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Cable Update (GBPUSD)

  • #340,841
  • May 13, 2013 1:14pm May 13, 2013 1:14pm
Quoting Forexia
{quote} I know that's why I said "it's a bit hard" and I "should've stayed out today". Didn't know the market is this crappy.
Crappy? i actually think for a very long time flows are returning and this is GREAT!!! long gone are the days when EURUSD doesnt move and when it does move its only 80 pips a day... finally we're seeing some flows coming back!
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,842
  • May 13, 2013 1:32pm May 13, 2013 1:32pm
may be he is just trying to say that EU didnt really move today.. it was more of a scalping instrument today..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,843
  • May 13, 2013 1:37pm May 13, 2013 1:37pm
Quoting baherhosni
may be he is just trying to say that EU didnt really move today.. it was more of a scalping instrument today..
Yea im not touching the EURO for a very long time.... something very strange is going on with the EURO in the medium/long term....

Monthly on the EURO is Bullish..... Weekly Bearish.... then Daily Bullish...
makes me wonder whats real about the Europe economy...
is it recovering or is it still in decline... cant say...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,844
  • May 13, 2013 1:53pm May 13, 2013 1:53pm
Do you trade durng work?
how do you analyze charts from work?
  • #340,845
  • May 13, 2013 1:59pm May 13, 2013 1:59pm
Intresting why would you say monthly eu bullish and cable bearish ?

Quoting fxtyrant
{quote} Yea im not touching the EURO for a very long time.... something very strange is going on with the EURO in the medium/long term.... Monthly on the EURO is Bullish..... Weekly Bearish.... then Daily Bullish... makes me wonder whats real about the Europe economy... is it recovering or is it still in decline... cant say...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,846
  • May 13, 2013 2:06pm May 13, 2013 2:06pm
Quoting Noldie
Do you trade durng work? how do you analyze charts from work?
well dont take my case since i own the company i work in, so i allow myself to use trading platforms
but here is a hint.. get a smartphone with mobile internet.. MT4 is avalable on both andriod and osx..
do ur analysis on your preferred charting tool and save it as an image or screenshot.. then use it to find your bearings on the smartphone.

this is good for mid term trading but not for scalping..

cheers
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,847
  • May 13, 2013 2:10pm May 13, 2013 2:10pm
Quoting Bones
Intresting why would you say monthly eu bullish and cable bearish ? {quote}
hey bones where have you been for the last 100 pips or so southward?
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,848
  • May 13, 2013 2:12pm May 13, 2013 2:12pm
i have a samsung galaxy S2 but it is small for analyzing. The charts look misleading and do not provide enough insight to make trading decisions.
Live charts on FXstreet.com used to be great to make analysis on, but they changed the format and their charts are not good to use for analysis anymore. Thanks for suggestions
  • #340,849
  • May 13, 2013 2:13pm May 13, 2013 2:13pm
Quoting Bones
Intresting why would you say monthly eu bullish and cable bearish ? {quote}
its on the charts.... ill show you...
EURUSD Bullish as Monthly EMA 55 above Monthly EMA 200.
Attached Image (click to enlarge)
Click to Enlarge Name: 20130513.1910.gmt.eurusd.monthly.png Size: 35 KB


GBPUSD Bearish as Monthly EMA 55 below Monthly EMA 200.
Attached Image (click to enlarge)
Click to Enlarge Name: 20130513.1909.gmt.gbpusd.monthly.png Size: 38 KB


This is why something is confusing me about the EURUSD... but its quite understandable that perhaps GBP has been overvalued for a very very long time so i wouldnt be surprised.... also the combined economy has much more potential in the long run compared to the Dying UK economy....
Perhaps Europe might push for a Fiscal Policy to stir Growth int he future.... whereas the Japanaese used Monetary Policy.... so we'll see...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,850
  • May 13, 2013 2:15pm May 13, 2013 2:15pm
Quoting Noldie
i have a samsung galaxy S2 but it is small for analyzing. The charts look misleading and do not provide enough insight to make trading decisions. Live charts on FXstreet.com used to be great to make analysis on, but they changed the format and their charts are not good to use for analysis anymore. Thanks for suggestions
i am thinking of buying a Windows Surface Pro because its like a PC on an iPad i can run the MT4 on the Surface Pro Natively... no remote no nothing.... as long as i got wifi i can use mt4 anywhere i go to...
and because i use an iphone i can share out the internet for my surface pro to connect to...
so you can bring your charts along.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,851
  • May 13, 2013 2:15pm May 13, 2013 2:15pm
if fxtyrent would allow me to borrow his phrase, then i'd say EU is in its monthly sucker zone.. hehe..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,852
  • May 13, 2013 2:17pm May 13, 2013 2:17pm
Quoting baherhosni
if fxtyrent would allow me to borrow his phrase, then i'd say EU is in its monthly sucker zone.. hehe..
ahaha its okay... and yes EU looks to be in a monthly sucker zone.... but with the potential of a up move... as you can see on my monthly chart the EMAs are still bullish on it wtf...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,853
  • May 13, 2013 2:20pm May 13, 2013 2:20pm
Quoting fxtyrant
{quote} i am thinking of buying a Windows Surface Pro because its like a PC on an iPad i can run the MT4 on the Surface Pro Natively... no remote no nothing.... as long as i got wifi i can use mt4 anywhere i go to... and because i use an iphone i can share out the internet for my surface pro to connect to... so you can bring your charts along.
and that would work too of course.. actually i find this as a good example of integrating technologies to reach a solution for a problem..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,854
  • May 13, 2013 2:22pm May 13, 2013 2:22pm
ive been working on another pair im waiting for cable ,but nice to see bears are in control just like eu in my opinion

Quoting baherhosni
{quote} hey bones where have you been for the last 100 pips or so southward?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,855
  • May 13, 2013 2:26pm May 13, 2013 2:26pm
Windows Surface Pro looks lovely but i think i would rather get an android platform.
  • #340,856
  • May 13, 2013 2:28pm May 13, 2013 2:28pm
Quoting Bones
ive been working on another pair im waiting for cable ,but nice to see bears are in control just like eu in my opinion {quote}
I am bearish on the EU as well... thats why the Monthly chart i showed you confused me big time...
but heres my view on the EU on the weekly chart... we might see 1.25 before year end.

Attached Image (click to enlarge)
Click to Enlarge Name: 5-13-2013 20-25-16.png Size: 41 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,857
  • May 13, 2013 2:28pm May 13, 2013 2:28pm
Quoting Noldie
Windows Surface Pro looks lovely but i think i would rather get an android platform.
mt4 dont run on android....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,858
  • May 13, 2013 2:33pm May 13, 2013 2:33pm
fits my outlook lol but location im thinking big prob ?
I don't know 100% right on pivot ,I was hoping for higher price
im long au ,underwater widened stop to 40 pips ,and short GA ,
look again on close



Quoting fxtyrant
{quote} I am bearish on the EU as well... thats why the Monthly chart i showed you confused me big time... but heres my view on the EU on the weekly chart... we might see 1.25 before year end. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: usd x d1 13-5-13.gif Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,859
  • May 13, 2013 2:34pm May 13, 2013 2:34pm
Quoting fxtyrant
{quote} I am bearish on the EU as well... thats why the Monthly chart i showed you confused me big time... but heres my view on the EU on the weekly chart... we might see 1.25 before year end. {image}
Good chart - whats view on EUR/JPY I sat on some longs still. Maybe time to sell.
  • #340,860
  • May 13, 2013 2:39pm May 13, 2013 2:39pm
Quoting fxtyrant
{quote} mt4 dont run on android....
they have a reduced version for android.. have it on my tab2 and s3..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
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