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Cable Update (GBPUSD)

  • #342,301
  • Jun 6, 2013 10:25am Jun 6, 2013 10:25am
The crazy goes on , now levels watching 5506/10, 5488 & last 5467 for if any breakdown , crazy up again above them & possible carry out .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdm5.png Size: 27 KB
Click to Enlarge Name: gbpusdm51.png Size: 22 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #342,302
  • Jun 6, 2013 10:26am Jun 6, 2013 10:26am
Quoting albchr
{quote} If I'm not, it won't be the first time bro But I can't help thinking this is the pump before the dump. One look at this weekly candle so far and I'd think it has to correct at least some? With all those longs, why would you want it to fall??? Is it not "finally" going your way?

i simply didnt expect usd to give out so easy!!..i tried to be clever a play a retrace..I dont think any1 saw this type of power move..
i think there going to be a move down tomorrow
  • #342,303
  • Jun 6, 2013 10:31am Jun 6, 2013 10:31am
Quoting nAVIN2007
{quote} yes..1.59 thou is all i see if bear has any chance it is possible thou USD may gain from here bro..i think

I stopped thinking bear no way see the weekly i see a morning star with twezzer hamer bottom. a powerful turning point if it hold at the end of the week of course.

hey bro u still a winner
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #342,304
  • Jun 6, 2013 10:32am Jun 6, 2013 10:32am
if it hits 55610 i'll go bearish for about 30 pips. What do ya all think?
  • #342,305
  • Jun 6, 2013 10:33am Jun 6, 2013 10:33am
Quoting Zircon
{quote} I stopped thinking bear no way see the weekly i see a morning star with twezzer hamer bottom. a powerful turning point if it hold at the end of the week of course. hey bro u still a winner

yes pin location is 61.8 and pin is true it looks bro..
I wish i was at work..
  • #342,306
  • Jun 6, 2013 10:35am Jun 6, 2013 10:35am
Quoting nAVIN2007
{quote} i simply didnt expect usd to give out so easy!!..i tried to be clever a play a retrace..I dont think any1 saw this type of power move.. i think there going to be a move down tomorrow
I'd have to dig back a ways in this thread to show the dollar correction I saw coming. So I expected this of the dollar. If it breaks the support I just showed in my post a bit ago, that will surprise me but, it won't be the first time my "wonderful" currency let me down....

But I did not expect such strength in the pound. However, both are at critical points right now so it should be interesting from here.
Ghost Rider - WWTBMD?
  • #342,307
  • Jun 6, 2013 10:40am Jun 6, 2013 10:40am
Quoting albchr
{quote} I'd have to dig back a ways in this thread to show the dollar correction I saw coming. So I expected this of the dollar. If it breaks the support I just showed in my post a bit ago, that will surprise me but, it won't be the first time my "wonderful" currency let me down.... But I did not expect such strength in the pound. However, both are at critical points right now so it should be interesting from here.
agree

i sold at 1.5455 looking for 1.54 and mofo didnt look back unbelievable
  • #342,308
  • Jun 6, 2013 10:49am Jun 6, 2013 10:49am
Quoting albchr
{quote} I'd have to dig back a ways in this thread to show the dollar correction I saw coming. So I expected this of the dollar. If it breaks the support I just showed in my post a bit ago, that will surprise me but, it won't be the first time my "wonderful" currency let me down.... But I did not expect such strength in the pound. However, both are at critical points right now so it should be interesting from here.
Attached Image (click to enlarge)
Click to Enlarge Name: usdindex-201305281640-1b.JPG Size: 49 KB


Have you guys seen this before?
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #342,309
  • Jun 6, 2013 10:49am Jun 6, 2013 10:49am
Not hold that lower tf noise , continue see it .
bullish most tf sentiments . at least good ranging top can do even failure all those bulls
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1.png Size: 31 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #342,310
  • Jun 6, 2013 10:52am Jun 6, 2013 10:52am
Quoting bolade
if it hits 55610 i'll go bearish for about 30 pips. What do ya all think?
That's the daily R3 - That's usually very hard to break , and you might get a Pull back ..
Checked one of my old Reliable ( COG indicator ..) to see where GU was finding it's room , and Holy Sh*t ..
So Question - Would You rather be long or short ..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 31 KB
  • #342,311
  • Jun 6, 2013 10:55am Jun 6, 2013 10:55am
advise please i sold it and balance decrease now ?

what can i do
  • #342,312
  • Jun 6, 2013 10:58am Jun 6, 2013 10:58am
Well thanx bruv, it was nice trading with u. just got the margin call and i'm out. till we meet again.
  • #342,313
  • Jun 6, 2013 11:00am Jun 6, 2013 11:00am
wow GU @ 1.56
i close my long @1.55
thanx god i didn't sell again
  • #342,314
  • Jun 6, 2013 11:00am Jun 6, 2013 11:00am
Quoting taomql4
{quote} That's the daily R3 - That's usually very hard to break , and you might get a Pull back .. Checked one of my old Reliable ( COG indicator ..) to see where GU was finding it's room , and Holy Sh*t .. So Question - Would You rather be long or short .. {image}

today is crazy!!
  • #342,315
  • Jun 6, 2013 11:03am Jun 6, 2013 11:03am
Quoting egymedo
advise please i sold it and balance decrease now ? what can i do

Don't be me. Close ur trade while u still have the chance.
  • #342,316
  • Jun 6, 2013 11:05am Jun 6, 2013 11:05am
Quoting nAVIN2007
{quote} today is crazy!!
Daily 200sma at 5629. If she breaks that there's no stopping her and I'm FUBAR!
Ghost Rider - WWTBMD?
  • #342,317
  • Jun 6, 2013 11:09am Jun 6, 2013 11:09am
Quoting nAVIN2007
{quote} today is crazy!!
Indeed - It's even attempting to take out the daily R3 ..lol
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1-3.png Size: 36 KB
  • #342,318
  • Jun 6, 2013 11:10am Jun 6, 2013 11:10am
Quoting albchr
{quote} Daily 200sma at 5629. If she breaks that there's no stopping her and I'm FUBAR!

told ya
  • #342,319
  • Jun 6, 2013 11:14am Jun 6, 2013 11:14am
Quoting taomql4
{quote} Indeed - It's even attempting to take out the daily R3 ..lol {image}
There wasn't much news action, what's provoking all these volatility?
  • #342,320
  • Jun 6, 2013 11:15am Jun 6, 2013 11:15am
100% + corrected last leg down & so with confirmation 5630 breaks C wave can go for full pullback towards 6000 or even reversal action , take care .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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