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Cable Update (GBPUSD)

  • #341,941
  • May 30, 2013 8:16am May 30, 2013 8:16am
Quoting fxtyrant
{quote} ironically i on the other hand am not discarding the possibility of a spike up to 1.52 on the GBPUSD... but ill definitely look to short if that happens.
heres me making the right call again.... 1.52 proved resistance and ppl who shorted there we're now 50 pips in profit.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #341,942
  • May 30, 2013 8:41am May 30, 2013 8:41am
Did it !

closed longs at 5190 opened 5015
super week for me.
  • #341,943
  • May 30, 2013 8:43am May 30, 2013 8:43am
Quoting Trader88q
Did it ! closed longs at 5190 opened 5015super week for me.
Well played Sir
Come with me if you want to live....
  • #341,944
  • May 30, 2013 8:46am May 30, 2013 8:46am
Quoting Trader88q
Say what ever u want LONG 5015 SL 4975 TP 5115even can wait 5215
posted 31 hours ago.
  • #341,945
  • May 30, 2013 8:49am May 30, 2013 8:49am
Double top formed in M15
  • #341,946
  • May 30, 2013 9:02am May 30, 2013 9:02am
with this US news may be a good place to start selling is 5230.. sl just above the 200 ema on 4 hours..

cheers
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,947
  • May 30, 2013 9:04am May 30, 2013 9:04am
Quoting Trader88q
Did it ! closed longs at 5190 opened 5015super week for me.
gr8 call bro..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,948
  • May 30, 2013 9:10am May 30, 2013 9:10am
Quoting albchr
{quote} Hey Brother, I'm thinking short squeeze myself. I see 5218/70ish as a high for this pullback if it gets there at all. Thinking of parking a few shorts in that area as I can't watch the charts too much longer today. $ is in correction mode as of now so it could be interesting from here. Hope you are well buddy.
Attached Image(s) (click to enlarge)
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Ghost Rider - WWTBMD?
  • #341,949
  • May 30, 2013 9:19am May 30, 2013 9:19am
i will short 5250 SL 5280 Tp 5200. But really saying i will not cause it could easy go to 5300 in 24 hours.
5250 very strong resistance if it will be broken then 5400 next week. but maybe not


and dont forget trend has changed now we are 5007 UP TREND
  • #341,950
  • May 30, 2013 9:54am May 30, 2013 9:54am
dam du bidu bidam dam dam ...

Quoting iqyu5an
Bat Action Magnet Move on action and bullish dragon in my side .. we will see bearish bat arounnd 5250-5280.. but if it's strong enough.. it will bring us to monthly pivot where we could see butterfly. but because we have lower low this week... so maybe not bat but chyper in 5250-5280 and bearish shark in around montlhy pivot ..... draw fib using hi low of last week data : where are we ? below or above the 50 ?turn on your ichi in h4...... she just wanna...
not euphoria follower
  • #341,951
  • May 30, 2013 10:04am May 30, 2013 10:04am
hi mate... what price GU right now ?
Quoting Makavell
the nex push down will take out 1.5000 and i dont see cable going above 1.5200 presently, if it even gets to 1.5190 itll be overreaching itself
not euphoria follower
  • #341,952
  • May 30, 2013 10:10am May 30, 2013 10:10am
watching the price at the moment as 5200 is being retested and there seems to be a battle of wills going on..
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #341,953
  • May 30, 2013 10:11am May 30, 2013 10:11am
I think Wave 2 is completed. The previous Wave 1 and 2 with the subwave therein were formed perfectly. Now we will ride Wave 3.

I will consider shorting at 1.538-1.542, which coincides with S2 Weekly, while keeping my long positions open. Target next week or next month Pivot. We'll see which one. Another level below that is too risky for me. The uptrend seems stronger then the previous one. I will see that as the minor First Wave within Wave 3.


PS. Still don't see H&S, only double bottom on H4
Make it simple, but not simpler - Einstein
  • #341,954
  • May 30, 2013 10:12am May 30, 2013 10:12am
Quoting iqyu5an
hi mate... what price GU right now ? {quote}

dont get too exited mate...
  • #341,955
  • May 30, 2013 10:12am May 30, 2013 10:12am
Quoting Trader88q
i will short 5250 SL 5280 Tp 5200. But really saying i will not cause it could easy go to 5300 in 24 hours.5250 very strong resistance if it will be broken then 5400 next week. but maybe not and dont forget trend has changed now we are 5007 UP TREND
Up trend? Just curious, on what time frame?
Ghost Rider - WWTBMD?
  • #341,956
  • May 30, 2013 10:13am May 30, 2013 10:13am
dont try this at your kitchen hehehe....

this is bullish dragon and BAMM on the road buddy...
check it out what bullish dragon and BAMM .. so u will get the point what i am thinking......

well............ there is always bull and bear in the market..... yessssssssssss !!!


Quoting Makavell
{quote} dont get too exited mate...
not euphoria follower
  • #341,957
  • May 30, 2013 10:15am May 30, 2013 10:15am
Quoting albchr
{quote} Up trend? Just curious, on what time frame?

D1 bro .... yesterday closed a bullish engulfer ..
Thank You
  • #341,958
  • May 30, 2013 10:21am May 30, 2013 10:21am
Quoting wormboy
{quote} D1 bro .... yesterday closed a bullish engulfer ..
Hey Bro! Long time!

One day does not an uptrend make for me. If I see 5680ish taken out, then I'll see the "overall" down trend changed.

Hope all is good with you and the family bro.
Ghost Rider - WWTBMD?
  • #341,959
  • May 30, 2013 10:26am May 30, 2013 10:26am
the longest leg yaaaaaaaaaa

***
lanjutkan ........................


Quoting Ri Dwe
I think Wave 2 is completed. The previous Wave 1 and 2 with the subwave therein were formed perfectly. Now we will ride Wave 3. I will consider shorting at 1.538-1.542, which coincides with S2 Weekly, while keeping my long positions open. Target next week or next month Pivot. We'll see which one. Another level below that is too risky for me. The uptrend seems stronger then the previous one. I will see that as the minor First Wave within Wave 3. PS. Still don't see H&S, only double bottom on H4
not euphoria follower
  • #341,960
  • May 30, 2013 10:26am May 30, 2013 10:26am
Quoting albchr
{quote} Hey Bro! Long time! One day does not an uptrend make for me. If I see 5680ish taken out, then I'll see the "overall" down trend changed. Hope all is good with you and the family bro.

Correct bro .... it doesn't change the trend, but it's a strong indication that it's about to change. If today's D1 closes bullish it'll confirm the previous engulfing close. 5680 is 400+ pips away .... that's a lot of pips to give away

We're all doing okay brother, hope you & your loved ones are in great health too
Thank You
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