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Cable Update (GBPUSD)

  • #341,601
  • Edited 12:14pm May 23, 2013 12:01pm | Edited 12:14pm
Ok , trying bounce more at an intermediate weekly floating support, levels mentioned before , next week may to fall continue , will see next /weekend if it reaches to the level of target weekly or not also .
fontu

http://www.forexfactory.com/showthre...53#post6702053
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdweekly.png Size: 25 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #341,602
  • May 23, 2013 12:51pm May 23, 2013 12:51pm
Quoting eitan1010
What wrong with movement today?? price really does not move...
Most of the NY crowd has packed up early after lunch to get ready for Memorial Day weekend. Opening pools, scrubbing BBQ's and shopping for food and drink for the first "official" party of the summer.

Don't expect too much from NY for the rest of the week. Asian and London sessions should pick up a bit me thinks.
Ghost Rider - WWTBMD?
  • #341,603
  • May 23, 2013 2:26pm May 23, 2013 2:26pm
We have the Friday Pivot. I think it is likely to go down to 1.5038 (S1 Daily) around Frankfurt Open, and after that it will go up to 1.515 (R1) or 1.519 (R2)
Make it simple, but not simpler - Einstein
  • #341,604
  • May 23, 2013 6:32pm May 23, 2013 6:32pm
gbp/usd intraday analysis [email protected], sl@ 1.5190, tp@ 1.4975, estimated time 40 hours.
a trailing stop is suggested to use.

Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd intraday analysis 24-5-2013.JPG Size: 85 KB


this will follow daily chart sell trend as shown below

Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd daily analysis 6-5-2013.JPG Size: 98 KB
  • #341,605
  • May 23, 2013 7:45pm May 23, 2013 7:45pm
Quoting ForexRatVN
{quote} Half way +40 pips Move SL to BE +5 pips (35 pips from market price) Looking for TP @ 15160 or Stopping out of 5 pips profit
Stopped out with 5 pips profit.

Will see the price action to get in another trade or wait until 14950 level as mentioned in my previous post.

Friday movement would be slow and low
  • #341,606
  • May 23, 2013 9:35pm May 23, 2013 9:35pm
Quoting fxtyrant
{quote} looks to me like a good opportunity to load shorts pretty soon
Kinda late in the day ..

Not too sure the demand levels will allow sellers through ..
Depending on how the 4hr candle closes , I'll be looking to take a couple
of long Positions ..

Nite..
Attached Image (click to enlarge)
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  • #341,607
  • May 23, 2013 9:52pm May 23, 2013 9:52pm
Bulls knocked my hairpiece off!!!
  • #341,608
  • May 23, 2013 10:06pm May 23, 2013 10:06pm
Morning , so remain same still , try hard to correct actually started this week or not . limits down same & active gu 5157 & eu 3033. breaks in favor of this weekly correction not may to weekly lows, even not this week may carry out.

critical this ranging week till the last day .me not changed yet of my targets weekly at lows .
fontu
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusddaily.png Size: 33 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #341,609
  • May 23, 2013 10:35pm May 23, 2013 10:35pm
Quoting taomql4
{quote} Sir , That is no way to speak to a Proud member of the 10+ vouch Douche bag club ...
lol....

dude a well measured response, far more lenient than I could ever muster.

You have my utmost respect

I'm kinda hoping she goes down, but as you can see I'm not exactly betting the farm on it
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 40 KB
Click to Enlarge Name: gbpusdh4.png Size: 32 KB
Come with me if you want to live....
  • #341,610
  • May 23, 2013 10:57pm May 23, 2013 10:57pm
as long as .... weekly candle close above weekly open . it seems pa will test 537x ( this month ) and around. the first magnet is 523x ( and around )

intraday... pa is located above 50 hilow of yesterday and above daily pivot and tokyo open ..once market broke high of yesterday 517x-519x is welcome

for ichi lover... pa just broke the cloud and ema 200 is about 40 pip above ..

for 200 ema lover... market stay above ema 200 ( m15 alreaday )... most likely she gonna test next ema... 200 ema m30


in the name of technical......

see ya... and bye



= i don't know about fundamental..........................=
not euphoria follower
  • #341,611
  • May 24, 2013 12:28am May 24, 2013 12:28am
Quoting Ill-b-back
{quote} lol.... dude a well measured response, far more lenient than I could ever muster. You have my utmost respect I'm kinda hoping she goes down, but as you can see I'm not exactly betting the farm on it {image} {image}
  • #341,612
  • May 24, 2013 1:06am May 24, 2013 1:06am
Quoting iqyu5an
as long as .... weekly candle close above weekly open . it seems pa will test 537x ( this month ) and around. the first magnet is 523x ( and around ) intraday... pa is located above 50 hilow of yesterday and above daily pivot and tokyo open ..once market broke high of yesterday 517x-519x is welcome for ichi lover... pa just broke the cloud and ema 200 is about 40 pip above .. for 200 ema lover... market stay above ema 200 ( m15 alreaday )... most likely she gonna test next ema... 200 ema m30 in the name of technical...... see ya... and bye = i don't...
well just read Fisher's statements! in short, the UK still has long way to make "real" recovery (as if whatever recovery they are working on is not real), and that it will be slow since it needs a huge amount of hard work..

i hardly find this as being "news",but thats the summery of it...

cheers..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,613
  • May 24, 2013 1:27am May 24, 2013 1:27am
Quoting baherhosni
{quote}well just read Fisher's statements! in short, the UK still has long way to make "real" recovery (as if whatever recovery they are working on is not real), and that it will be slow since it needs a huge amount of hard work.. i hardly find this as being "news",but thats the summery of it... cheers..
ok , but his levels are very ok too when it will bounce/ correct next , able or not able that market to decide, upto 5606/30 , breaks 5850/78 or more . next week or next ok if . this week or so if 4777 possible or to may carry out next week ranging again.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #341,614
  • May 24, 2013 1:35am May 24, 2013 1:35am
tq mate...

salam..


Quoting baherhosni
{quote}well just read Fisher's statements! in short, the UK still has long way to make "real" recovery (as if whatever recovery they are working on is not real), and that it will be slow since it needs a huge amount of hard work.. i hardly find this as being "news",but thats the summery of it... cheers..
not euphoria follower
  • #341,615
  • May 24, 2013 1:38am May 24, 2013 1:38am
Actual > Forecast = Good for currency


actual < forecast

BUT

actual > old data

what we believe forecasting or real information ( actual > old data ? )
not euphoria follower
  • #341,616
  • May 24, 2013 1:39am May 24, 2013 1:39am
8 pips to break yesterday - high...



Quoting iqyu5an
as long as .... weekly candle close above weekly open . it seems pa will test 537x ( this month ) and around. the first magnet is 523x ( and around ) intraday... pa is located above 50 hilow of yesterday and above daily pivot and tokyo open ..once market broke high of yesterday 517x-519x is welcome for ichi lover... pa just broke the cloud and ema 200 is about 40 pip above .. for 200 ema lover... market stay above ema 200 ( m15 alreaday )... most likely she gonna test next ema... 200 ema m30 in the name of technical...... see ya... and bye = i don't...
not euphoria follower
  • #341,617
  • May 24, 2013 1:40am May 24, 2013 1:40am
http://www.forexcrunch.com/live-forex-calendar/ 33.2
http://www.forexfactory.com/calendar.php 32.2

WTF? how numbers can differ so much?
  • #341,618
  • May 24, 2013 1:46am May 24, 2013 1:46am
both tells >> old data

but 33.2 >> forecast and 32.2 << forecast

so which one we believe ?


Quoting Trader88q
http://www.forexcrunch.com/live-forex-calendar/ 33.2http://www.forexfactory.com/calendar.php 32.2 WTF? how numbers can differ so much?
not euphoria follower
  • #341,619
  • May 24, 2013 1:48am May 24, 2013 1:48am
Quoting iqyu5an
both tells >> old data but 33.2 >> forecast and 32.2 << forecast so which one we believe ? {quote}
i have no ideas. somebody is trying to confuse market. who they are? yes, THE BIG GUYS
they are coming.

or we hit 4900 today or 5300

technically we must go down to hit 4900 first. but fundamentally we must go up to 5300.

i think i will short pound. no no i will long pound.

no no i will short pound. no no i will long pound...

no no i wll long and short and long and short
  • #341,620
  • May 24, 2013 1:58am May 24, 2013 1:58am
Quoting fontu
{quote} ok , but his levels are very ok too when it will bounce/ correct next , able or not able that market to decide, upto 5606/30 , breaks 5850/78 or more . next week or next ok if . this week or so if 4777 possible or to may carry out next week ranging again. fontu
I completely agree on the technical levels and the possibilities of these levels.. but the overall bottom line of the story is that if you sold high, hold!

if not, sell on high probability pull backs.. right?

that is how i interpret it!

cheers..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
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