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Cable Update (GBPUSD)

  • #340,961
  • May 14, 2013 7:59am May 14, 2013 7:59am
Quoting baherhosni
{quote} could happen, but if we break and confirm 200 from the down side.. it may be another 100ish pips before a good long opportunity my friend..
He obviously havent heard of market remaining irrational longer than a person's sanity
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,962
  • May 14, 2013 8:00am May 14, 2013 8:00am
Quoting fxtyrant
{quote} For eurgbp im long targeting 0.86 then 0.8750
aren't you going to get bumped a bit by the the shoulder on GU? or are you expecting the euro to climb faster?
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,963
  • May 14, 2013 8:03am May 14, 2013 8:03am
Quoting ffmonry
{quote} I have long from 1.5235.. stop loss 1.52 and take profit open to 1.53 and above
you better trade in eur/usd for short 1.29 or if u like to continue up to 1.27 intead u play for long in GU
  • #340,964
  • May 14, 2013 8:04am May 14, 2013 8:04am
Quoting chazzle
M15 long scalp ... {image}
added a couple, broke even - bears got the tg and UK session winding up 236 the line in the sand as far as I see ... Daily chart
Attached Image (click to enlarge)
Click to Enlarge Name: 236.PNG Size: 50 KB
  • #340,965
  • May 14, 2013 8:06am May 14, 2013 8:06am
Quoting chazzle
{quote} added a couple, broke even - bears got the tg and UK session winding up 236 the line in the sand as far as I see ... Daily chart {image}
london closing is critical today imo...
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #340,966
  • May 14, 2013 8:07am May 14, 2013 8:07am
Quoting skyhawkps
{quote} you better trade in eur/usd for short 1.29 or if u like to continue up to 1.27 intead u play for long in GU
no i like the pound at that level so i buy it. euro is really uncertain due to euro meet. and this trade is in green now.
  • #340,967
  • May 14, 2013 8:10am May 14, 2013 8:10am
Quoting baherhosni
{quote} london closing is critical today imo...
... short covering, but strong move down , so should see a re-attempt toward the lows - 250ish I reckon
  • #340,968
  • May 14, 2013 8:12am May 14, 2013 8:12am
Quoting fxtyrant
{quote} Im actually not payin much attention to the gbpusd anymore... Its become so predictable for me.... Now im eyeing at AudNzd
Shall take a look not one familiar with - thanks
  • #340,969
  • May 14, 2013 8:21am May 14, 2013 8:21am
Channel reaction;

Attached Image (click to enlarge)
Click to Enlarge Name: gu2h10-05-13.png Size: 106 KB


Then break creating some (slight) Positive Divergence;

Attached Image (click to enlarge)
Click to Enlarge Name: gu1h13-05-13.png Size: 105 KB


Now channel becomes Resistance;

Attached Image (click to enlarge)
Click to Enlarge Name: gu1h14-05-13.png Size: 123 KB


ARTICLE
  • #340,970
  • May 14, 2013 8:33am May 14, 2013 8:33am
without doubt that monthly is false ,even if we went up 1.55
Attached Image (click to enlarge)
Click to Enlarge Name: 1 gbp usd 14-5-13 w1 use.png Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,971
  • May 14, 2013 8:39am May 14, 2013 8:39am
Here ill help out again .for your longer term view
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd monthly 14-5-13.png Size: 26 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,972
  • May 14, 2013 9:01am May 14, 2013 9:01am
Quoting Bones
Here ill help out again .for your longer term view {image}
Be patient Mate! The end of story comes by the end of next week.
  • #340,973
  • May 14, 2013 9:07am May 14, 2013 9:07am
If it closes under 5234 ,there be a blood bath ,
im not short wish I kept now lol
also eur is nearly ready to sell ,
aud I still think buy
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,974
  • May 14, 2013 9:38am May 14, 2013 9:38am
Quoting chazzle
{quote} 236 the line in the sand as far as I see ... {image}
bears pushing for it
Attached Image (click to enlarge)
Click to Enlarge Name: BEARS.PNG Size: 46 KB
  • #340,975
  • May 14, 2013 9:43am May 14, 2013 9:43am
I think we should be very cautious about Euro due to the tomorrow's GDP report.

Quoting Bones
If it closes under 5234 ,there be a blood bath , im not short wish I kept now lol also eur is nearly ready to sell , aud I still think buy
  • #340,976
  • May 14, 2013 10:00am May 14, 2013 10:00am
eur lfx d1


Quoting Maso
I think we should be very cautious about Euro due to the tomorrow's GDP report. {quote}
Attached Image (click to enlarge)
Click to Enlarge Name: eurlfxdaily 11-05-13.png Size: 31 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #340,977
  • Edited 10:40am May 14, 2013 10:15am | Edited 10:40am
Hmmm GBPUSD broken and closed below Weekly Support.... Support Turned Reistance now....
pretty much endgame for the bulls... see you when it reaches 1.52 and when 1.52 gives... lol see you till we retest the lows.... at this pace we might create new 2013 low on GBPUSD lol
Attached Image (click to enlarge)
Click to Enlarge Name: 20130514.1712.gmt.gbpusd.h4.png Size: 41 KB


Inserted Video
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,978
  • May 14, 2013 11:30am May 14, 2013 11:30am
Looking for 15,213 area for possible abc reversal.
  • #340,979
  • May 14, 2013 11:33am May 14, 2013 11:33am
Quoting Init Twinnit
Looking for 15,213 area for possible abc reversal.
yea dude... the thing continues to trend lower and lower.... so buddy my advice for you is to study Price Action... because i dont see anything keeping GBPUSD from reaching 1.52
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #340,980
  • May 14, 2013 11:36am May 14, 2013 11:36am
This is going way lower than the previous low! We will be low 120's by year end...
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