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Cable Update (GBPUSD)

  • #351,801
  • Nov 5, 2013 4:15am Nov 5, 2013 4:15am
Quoting gstup
{quote} Hi PipTrapper, Why are you shorting at 1.6054?What is the reason?
there plenty of bearish diverence on the lower time frames that u havent spotted

Quoting PipTrapper
{quote} It's a thick supply zone and offers a good RR ratio Also 50% fibo level of move down from triangle Wave E reversal. {image}
  • #351,802
  • Nov 5, 2013 4:16am Nov 5, 2013 4:16am
It's the first time for few months I see 72% of my broker's traders are Short in GU and the % is rising as we speak. EU is 50%/50%, of course the most liquid pair remains EU.
  • #351,803
  • Nov 5, 2013 4:17am Nov 5, 2013 4:17am
Quoting iqyu5an
{quote} Bullish BAMM ... clear on monthly. ready to break the trigger line. BAMM ... Bat Action Magnet Move. IMHO
keep smile .....

https://mobile.twitter.com/VarisPanJ...99875590795264
not euphoria follower
  • #351,804
  • Nov 5, 2013 4:18am Nov 5, 2013 4:18am
Quoting ravenbg
It's the first time for few months I see 72% of my broker's traders are Short in GU and the % is rising as we speak
so, right time to go long?
Don't give up
  • #351,805
  • Nov 5, 2013 4:18am Nov 5, 2013 4:18am
Quoting lumesh
just look at that lasy ass Piptrapper with his buddies {image}
He who shoots too soon, end with sad face
Those who say it cannot be done should not interrupt those who are doing it
  • #351,806
  • Nov 5, 2013 4:19am Nov 5, 2013 4:19am
Quoting PipTrapper
{quote} It's a thick supply zone and offers a good RR ratio Also 50% fibo level of move down from triangle reversal. {image}

Ok.Looks good.I didn't want to be interrogative.Only want to know your view.
  • #351,807
  • Nov 5, 2013 4:20am Nov 5, 2013 4:20am
Quoting iqyu5an
{quote} keep smile ......

im coming for u BAM!!
Attached Image
  • #351,808
  • Nov 5, 2013 4:21am Nov 5, 2013 4:21am
Quoting PipTrapper
{quote} He who shoots too soon, end with sad face

dude, i'm just shooting blanks here
Attached Image
  • #351,809
  • Nov 5, 2013 4:22am Nov 5, 2013 4:22am
Quoting lumesh
{quote} dude, i'm just shooting blanks here {image}
Those who say it cannot be done should not interrupt those who are doing it
  • #351,810
  • Nov 5, 2013 4:22am Nov 5, 2013 4:22am
I'm watching Stoch

Oversold @ Daily

Overbought @ H4 + H1 + M30 + M15 + M5

..... so, what?....
Don't give up
  • #351,811
  • Nov 5, 2013 4:23am Nov 5, 2013 4:23am
Quoting nAVIN2007
{quote} im coming for u BAM!! {image}
he he he how r u mate ?

happy new year ya..

Salam ....
not euphoria follower
  • #351,812
  • Nov 5, 2013 4:24am Nov 5, 2013 4:24am
@Wolf_Wicked

I saw that before you deleted it
Those who say it cannot be done should not interrupt those who are doing it
  • #351,813
  • Nov 5, 2013 4:27am Nov 5, 2013 4:27am
I reckon today will give a pin bar bearish ..setting up the weekly..all USD needs to do is pull the blasted fingers out of the plug socket

the next 4hr will give a big clue..especially if there not a new high
  • #351,814
  • Nov 5, 2013 4:28am Nov 5, 2013 4:28am
Quoting gstup
{quote} Ok.Looks good.I didn't want to be interrogative.Only want to know your view.
No worries. It was a valid question and I answered quite happily.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,815
  • Nov 5, 2013 4:28am Nov 5, 2013 4:28am
Quoting nAVIN2007
I reckon today will give a pin bar bearish ..setting up the weekly..all USD needs to do is pull the blasted fingers out of the plug socket
If the cup and handle on U/CHF is any indication...
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfh4.png Size: 60 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #351,816
  • Nov 5, 2013 4:29am Nov 5, 2013 4:29am
Quoting Wolf_Wicked
{quote} lol, just stirring bro..
I know. No offence taken
Those who say it cannot be done should not interrupt those who are doing it
  • #351,817
  • Nov 5, 2013 4:32am Nov 5, 2013 4:32am
The high volume pricing set back on Wednesday seems to be holding the decision around resistance area from my point of view. Also possible long term daily trendline forming. Im shorting with bearish view that big move seemed to be on marginal volume. Happy trading to all.
Attached Image (click to enlarge)
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  • #351,818
  • Nov 5, 2013 4:36am Nov 5, 2013 4:36am
Quoting squawk
The high volume pricing set back on Wednesday seems to be holding the decision around resistance area from my point of view. Also possible long term daily trendline forming. Im shorting with bearish view that big move seemed to be on marginal volume. Happy trading to all. {image}
and you may also find support for your view in the USDOLLAR
H4 showing hidden bullish divergence and RSX oversold condition.
Attached Image (click to enlarge)
Click to Enlarge Name: usdollarh4.png Size: 133 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #351,819
  • Nov 5, 2013 4:36am Nov 5, 2013 4:36am
gbp is in a box has the ability to surprise ,will always be difficult read in this condition ,but I say break bottom eventually before top tightened stops as expensive school run ,-£1500
Attached Image (click to enlarge)
Click to Enlarge Name: GBPLFXDaily 5-11-13.png Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #351,820
  • Nov 5, 2013 4:37am Nov 5, 2013 4:37am
GU did go upwards because of the news. News will not manage to continue this move - my opinion.
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