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Cable Update (GBPUSD)

  • #341,001
  • May 15, 2013 1:45am May 15, 2013 1:45am
Quoting Vilkas
{quote} He was alienized )
Meaning?
  • #341,002
  • May 15, 2013 1:45am May 15, 2013 1:45am
buy gbp from now....1.5215
  • #341,003
  • May 15, 2013 1:55am May 15, 2013 1:55am
Quoting nathaniel
{quote} Meaning?

Got taken by aliens
Loosening is not an option
  • #341,004
  • May 15, 2013 2:02am May 15, 2013 2:02am
Quoting Vilkas
{quote} Got taken by aliens
lol

were you around when he started posting?
  • #341,005
  • May 15, 2013 2:48am May 15, 2013 2:48am
Quoting Ill-b-back
No signal, no trade. Levels watching now 5136 5026 a 400 pip drop like this with no retrace?.... {image}

kinda feels like 2008 all over again ah?

and yes when we were at the 5100s l
the last time, it was kind of hard to break in any direction really.. but imo that was trades were almost 50 50 biased with almost equal anticipation for continuing the bear action AND the retrace after the fall from 1.63 until finally the bulls took it as far as 50fib.. i was sharing your thinking yesterday about the 5100s, but something is bothering me today about it.. but don't depend on my "gut feeling" its not technical.. this feeling also accounts for an almost flat east until cont.

my tech still says this price should still pullback for 100 to 200 pips before cont.

cheers..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,006
  • May 15, 2013 2:51am May 15, 2013 2:51am
today is the first news packed day of this week so i am waiting to see what to day based on how the pa will react to these events..

trade well all
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,007
  • May 15, 2013 2:52am May 15, 2013 2:52am
today is the first news packed day of this week so i am waiting to see what to day based on how the pa will react to these events..

trade well all
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,008
  • May 15, 2013 3:06am May 15, 2013 3:06am
too much for the morning moves.....in 25 minutes the cable should be decided on who takes the day.
  • #341,009
  • May 15, 2013 3:07am May 15, 2013 3:07am
Quoting baherhosni
{quote} kinda feels like 2008 all over again ah? and yes when we were at the 5100s l the last time, it was kind of hard to break in any direction really.. but imo that was trades were almost 50 50 biased with almost equal anticipation for continuing the bear action AND the retrace after the fall from 1.63 until finally the bulls took it as far as 50fib.. i was sharing your thinking yesterday about the 5100s, but something is bothering me today about it.. but don't depend on my "gut feeling" its not technical.. this feeling also accounts for an...
I wish, I started trading in 2008, and just sold my way to a tiny fortune.

looking to see if we get to 5290-53 before news kicks in.

Got to go and get the BBQ going, have fun all,
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 23 KB
Come with me if you want to live....
  • #341,010
  • May 15, 2013 3:57am May 15, 2013 3:57am
Quoting Ill-b-back
{quote} I wish, I started trading in 2008, and just sold my way to a tiny fortune. looking to see if we get to 5290-53 before news kicks in. Got to go and get the BBQ going, have fun all, {image}
With that chart of yours im remaining bearish
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #341,011
  • May 15, 2013 4:01am May 15, 2013 4:01am
Quoting Ill-b-back
{quote} I wish, I started trading in 2008, and just sold my way to a tiny fortune. looking to see if we get to 5290-53 before news kicks in. Got to go and get the BBQ going, have fun all, {image}
we think so.
  • #341,012
  • May 15, 2013 4:26am May 15, 2013 4:26am
Quoting fxtyrant
{quote} With that chart of yours im remaining bearish
Of course, I would like to see 1.51 region by the days end as previously indicated
Come with me if you want to live....
  • #341,013
  • May 15, 2013 4:29am May 15, 2013 4:29am
Quoting fxtyrant
{quote} With that chart of yours im remaining bearish
And if we do get down there today and stall at monthly support, remember, we have a broken weekly TL we could retest on our way fom C-D
Come with me if you want to live....
  • #341,014
  • May 15, 2013 4:31am May 15, 2013 4:31am
Quoting Ill-b-back
{quote} And if we do get down there today and stall at monthly support, remember, we have a broken weekly TL we could retest on our way fom C-D
2 TL's actually...
Come with me if you want to live....
  • #341,015
  • May 15, 2013 4:56am May 15, 2013 4:56am
Quoting Ill-b-back
{quote} And if we do get down there today and stall at monthly support, remember, we have a broken weekly TL we could retest on our way fom C-D
i dunno dude... i actually thin GBPUSD is stuck in the Right Shoulder range of 1.5200 - 1.5350
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #341,016
  • May 15, 2013 5:05am May 15, 2013 5:05am
Quoting fxtyrant
{quote} i dunno dude... i actually thin GBPUSD is stuck in the Right Shoulder range of 1.5200 - 1.5350
I have no doubt it will be.

If it goes to where I'm thinking, I don't expect it to get there until beginning of July
Come with me if you want to live....
  • #341,017
  • May 15, 2013 5:10am May 15, 2013 5:10am
Quoting fxtyrant
{quote} i dunno dude... i actually thin GBPUSD is stuck in the Right Shoulder range of 1.5200 - 1.5350
Oh, I see what you mean, about the 1.51 drop right?

My chart is currently telling me there won't be a another significant shoulder, maybe a small one before we drop.

But that can change come US session, but I don't think it will from my current view.

I've got a small pending sell at 5285 and a stop above this weeks high.
Come with me if you want to live....
  • #341,018
  • Edited 5:29am May 15, 2013 5:18am | Edited 5:29am
Quoting fxtyrant
{quote} i actually gave AUDUSD long a go at 0.9880, lets see whats gona happen with Weekly Moving averages and Monthly still in a bullish state... looks to me like a great buy opportunit down here at 0.9880 with potential to see our monthly close to be a fake break of parity on AUDUSD. Im also engaged in a lot of other AUD Buy trades like SHort EURAUD, Long AUDNZD Lond AUDCHF , etc etc. PS. AUDCHF has a really interesting Daily Candle atm... might close as a candle at the bottom of the range... so im gona give it a try Target for AUDCHF 0.9850
Actually should do and target set before that level but seeing the market crush , specially eu , logic placed before , , planned carry out to the the lows at the time eu may get near 2771.perhaps ,levels below be 0.9810,0.9739 ( all are higher tf closewise) level but low can be as low as 0.9581 next support ( daily close level at 0.9930 already breached with yesterday close> strong daily tf bear) .next bounce can be the parity from there .

Anyway all progress are good & waiting eu at 2771 to close them all for the probable bounce ,jump & bump in between.
thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #341,019
  • May 15, 2013 5:21am May 15, 2013 5:21am
Quoting Ill-b-back
{quote} Oh, I see what you mean, about the 1.51 drop right? My chart is currently telling me there won't be a another significant shoulder, maybe a small one before we drop. But that can change come US session, but I don't think it will from my current view. I've got a small pending sell at 5285 and a stop above this weeks high.
This is the H&S im talking about and look how convenient we are stuck in this range on right shoulder at wehre Williams%R 50%
I swear to god this consolidation will attract a lot of innocent thinking Bulls who think we might turn up... but its a huge trap.. as this thing is positionted to test the lows...
now the RS/Right Shoulder consolidation could extend as long as the Left shoulder did before the drop.... but the picture is pretty clear... nows not the time to take any position.
if ur bullish you might consider entering short at the top of the right shoulder range....

Attached Image (click to enlarge)
Click to Enlarge Name: 5-15-2013 11-16-17.png Size: 54 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #341,020
  • May 15, 2013 5:32am May 15, 2013 5:32am
Quoting fxtyrant
{quote} This is the H&S im talking about and look how convenient we are stuck in this range on right shoulder at wehre Williams%R 50% I swear to god this consolidation will attract a lot of innocent thinking Bulls who think we might turn up... but its a huge trap.. as this thing is positionted to test the lows... now the RS/Right Shoulder consolidation could extend as long as the Left shoulder did before the drop.... but the picture is pretty clear... nows not the time to take any position. if ur bullish you might consider entering short at...
Trust me, there's no way on Gods earth I am bullish at the moment, I have a pending sell.

Got to go, off to the movies.
Come with me if you want to live....
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