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Cable Update (GBPUSD)

  • #341,141
  • May 16, 2013 11:08pm May 16, 2013 11:08pm
Quoting Ill-b-back
{quote} That sell of at 56 doesn't look very strong to me (it's a fat daily head). Looks more like profit taking to me. I am following monthly off long term support and more importantly, my charting data. I believe this new monthly low is a bear trap.
You mean this....
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  • #341,142
  • May 16, 2013 11:27pm May 16, 2013 11:27pm
What am I looking at?
Come with me if you want to live....
  • #341,143
  • Edited May 17, 2013 2:02am May 16, 2013 11:40pm | Edited May 17, 2013 2:02am
So good going & expecting more before weekly low. Most pairs actually met targets to close but this train should need more before the same . eu actually not to the point of reference 2771 min yet , nearer though , ok . audusd already broken down to the weekly close level now , not low yet, euraud broken for 1445 pips already > go more & hold ,gu 5196 ok but should way to 5026 etc.

No usdx chart but can understand it will break to go 84 before correction , now 83.88
Thanks , take care ,
fontu

http://www.forexfactory.com/showthre...32#post6686632
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #341,144
  • May 17, 2013 1:07am May 17, 2013 1:07am
Friday- the time when need to close all current positions before US markets open.
  • #341,145
  • May 17, 2013 1:42am May 17, 2013 1:42am
gbp/usd intraday analysis sell@ 1.5315, sl@ 1.5385, tp@ 1.5150, estimated time 45 hours

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  • #341,146
  • May 17, 2013 1:43am May 17, 2013 1:43am
how could it be ? could be hang man tho ,but id say dark cloud


Quoting Ill-b-back
{quote} I'm thinking this months candle will be a pin
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #341,147
  • May 17, 2013 1:49am May 17, 2013 1:49am



Quoting Ill-b-back
{quote} That sell of at 56 doesn't look very strong to me (it's a fat daily head). Looks more like profit taking to me. I am following monthly off long term support and more importantly, my charting data. I believe this new monthly low is a bear trap.
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #341,148
  • May 17, 2013 1:55am May 17, 2013 1:55am
Quoting Bones
{quote} {image}
I can't discuss tonight because I'm heading out for dads 75th.

But I'm sure you can see the index approaching the bearish TL and simultaneously retesting the broken TL at resistance
Come with me if you want to live....
  • #341,149
  • May 17, 2013 1:58am May 17, 2013 1:58am
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Come with me if you want to live....
  • #341,150
  • May 17, 2013 1:58am May 17, 2013 1:58am
Have a nice time ibb !
you could think logically about what that monthly just did ,
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #341,151
  • May 17, 2013 2:12am May 17, 2013 2:12am
Quoting Bones
Have a nice time ibb ! you could think logically about what that monthly just did ,
I will thx Bones

We can say for the same for Cable (closed candles of course)
Come with me if you want to live....
  • #341,152
  • May 17, 2013 2:27am May 17, 2013 2:27am
cool I don't need closed candles to say real or no real ,to be honest I said same thing when this months opened


Quoting Ill-b-back
{quote} I will thx Bones We can say for the same for Cable (closed candles of course)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #341,153
  • Edited 4:13am May 17, 2013 4:03am | Edited 4:13am
weekly , monthly chart , nothing changed from before views , just reminder , next weekly target goes 4893. not this week or next I think , next week . still 2wks . next week should be bounce .

If so then monthly we may get bear hammer for the real tanking , but again bounce at 4893/around likely , may not counter further with hammer up again , so after 1.5 months we can see real bear action towards 4189 if.why , 6000 play may come up also.

A very strong bear in action in all time since 11-2007 for gu and now trying play at bottom but real bear below 1.3460 should be the real disaster for this pair!!!!!!!!!!!!!
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #341,154
  • May 17, 2013 4:11am May 17, 2013 4:11am
I am confused this time now... where GU heading to when NY time come. Bright me up!
  • #341,155
  • May 17, 2013 4:16am May 17, 2013 4:16am
Quoting skyhawkps
I am confused this time now... where GU heading to when NY time come. Bright me up!
Is this sort of what you mean?
Attached Image
Gone to a better place
  • #341,156
  • May 17, 2013 4:25am May 17, 2013 4:25am
Quoting smikester
{quote} Is this sort of what you mean? {image}
  • #341,157
  • May 17, 2013 4:29am May 17, 2013 4:29am
Quoting skyhawkps
I am confused this time now... where GU heading to when NY time come. Bright me up!
Sorry u confused , likely . who ever supported me when I was continuously telling gold down over 1032 next time !! or even a break may easily happen to 2008-9 status !!!!

perhaps , covered all stories in my last post , next target as 4893> down continue likely then now also .if market in strong decision about it's course no OPEN can play it against > London or NY.
anyway can take today close NOT 5073 anyway , why target at down remain intact. whatever bull people in that case must try to go 5073 close to counter . Funny for sure , bull to bear for the next strategy !!!
anyway take care , confusion anytime , stay away taking action . not confusion ? still can be confuse if go wrong but OK for the planned action done .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #341,158
  • May 17, 2013 4:39am May 17, 2013 4:39am
Quoting fontu
{quote} Sorry u confused , likely . who ever supported me when I was continuously telling gold down over 1032 next time !! or even a break may easily happen to 2008-9 status !!!! perhaps , covered all stories in my last post , next target as 4893> down continue likely then now also .if market in strong decision about it's course no OPEN can play it against > London or NY. anyway can take today close NOT 5073 anyway , why target at down remain intact. whatever bull people in that case must try to go 5073 close to counter . Funny for sure , bull to...
A good summation of where we are I would say. Stay away = no confusion.

By the way Skyhawkps. Sorry I did that. I could not resist it. It's Friday. We're all confused. If we were to break yesterday's high or the week's low then I might join in. Just holding shorts from way back...
Gone to a better place
  • #341,159
  • May 17, 2013 4:49am May 17, 2013 4:49am
Where we are now is exactly at the 2012 low. We broke through on the last bull run. We are now retesting it and I would not be surprised if we bounce and go up to 1.57 or 1.58. If this level of 1.5240 fails, then we go down... Talking daily and weekly charts here.
Gone to a better place
  • #341,160
  • May 17, 2013 4:56am May 17, 2013 4:56am
Here's a chart:

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Gone to a better place
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