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Cable Update (GBPUSD)

  • #1,001
  • Dec 7, 2006 9:04am Dec 7, 2006 9:04am
...tsss.... this pair is attract by gravity... Logical Mr Waston... :-), check your indicators....
  • #1,002
  • Dec 7, 2006 9:08am Dec 7, 2006 9:08am
Quoting c1ro
What do u mean?? U short and ur stop loss under ur price??


yeah make lil profit but oh well its always better than negative.
  • #1,003
  • Dec 7, 2006 9:20am Dec 7, 2006 9:20am
Quoting dswk
...tsss.... this pair is attract by gravity... Logical Mr Waston... :-), check your indicators....
then i wish u good luck for tomorrow. the big players dont trade indicators :>
we will see.
  • #1,004
  • Dec 7, 2006 9:24am Dec 7, 2006 9:24am
Quoting baggermatsch
then i wish u good luck for tomorrow. the big players dont trade indicators :>
we will see..
Sure, but as a DayTrader, i've some time until tomorrow, to close some positions, open others waiting NFP and others supports / resistances ;-) ... without forgot CC at 9pm (CET Time, in a couple of hours)
Happy Trades
  • #1,005
  • Dec 7, 2006 9:26am Dec 7, 2006 9:26am
Quoting dswk
Sure, but as a DayTrader, i've some time until tomorrow, to close some positions, open others waiting NFP and others supports / resistances ;-) ... without forgot CC at 9pm (CET Time, in a couple of hours)
Happy Trades
thanks happy trades also, i mean only that u disconcert others when u generally speaks that the gbp/usd goes south.
  • #1,006
  • Dec 7, 2006 9:39am Dec 7, 2006 9:39am
Sorry for the off-topic, but since its slow today... anyone noticed this thread has over 1000 posts?
  • #1,007
  • Dec 7, 2006 9:46am Dec 7, 2006 9:46am
Did you guys see that dbhlc on EUR/USD 4H chart? Aien't it cute?

If it's not lieing, we all know what that means for the EUR's cousin
  • #1,008
  • Dec 7, 2006 10:05am Dec 7, 2006 10:05am
Quoting Haris79
Did you guys see that dbhlc on EUR/USD 4H chart? Aien't it cute?

If it's not lieing, we all know what that means for the EUR's cousin
What's a dbhlc? What's the meaning for it?
  • #1,009
  • Dec 7, 2006 10:09am Dec 7, 2006 10:09am
Quoting tremon333
What's a dbhlc? What's the meaning for it?
Here's the answer : http://www.forexfactory.com/forexfor...hlc#post144593

Regards.
  • #1,010
  • Dec 7, 2006 10:26am Dec 7, 2006 10:26am
Quoting Haris79
Did you guys see that dbhlc on EUR/USD 4H chart? Aien't it cute?

If it's not lieing, we all know what that means for the EUR's cousin
They are playing the game, and play the game means place traps for inexperienced traders, they are trying to create a bearish sentiment towards the euro, pound etc so rookies sell, and they have liquidity to buy in large amounts. ... source mvdforex
  • #1,011
  • Dec 7, 2006 10:31am Dec 7, 2006 10:31am
I would say right now they are price positioning INCASE of a bad nfp.

was 70 pips in the gbp today. Wasn't bad at all.
Am looking now at weekly, and it has down movement from indicators (Weekly indicators rarely lie). I would probably consider shorting if NFP wasnt tomorrow.

Either NFP will fix the weekly candle, or fix you anti usd devils
  • #1,012
  • Edited 11:16am Dec 7, 2006 10:54am | Edited 11:16am
Quoting Takisd

Either NFP will fix the weekly candle, or fix you anti usd devils
I'd have more affection for the dollar if at least it had some intrinsic value.

Backed by the full faith and integrity of the U.S. government?
Is your SL my TP?
  • #1,013
  • Dec 7, 2006 11:34am Dec 7, 2006 11:34am
Quoting kenmania
Backed by the full faith and integrity of the U.S. government?

Funniest thing I've heard all day!!
  • #1,014
  • Dec 7, 2006 12:47pm Dec 7, 2006 12:47pm
Hi all,

Just to share something to you. I'm also a long term trader...weeks to months...started learning intraday trading. The chart is from an Elliott wave software and shows a possible retarcement before extending to wave 5 again. You can check the H4 and H1 charts and find out that a trend channel down did start. The two red lines are supports created by Fibonacci clustering. This software is 67% probability in the stocks and options market. Also, anything can happen anytime like news.
Attached Image
I'm a disciplined trader and that's the only way I trade.
  • #1,015
  • Dec 7, 2006 2:57pm Dec 7, 2006 2:57pm
This Is What I See
Attached Image
THEY CAN TAKE MY MONEY BUT THE CAN NEVER TAKE AWAY MY DREAMS.....ZZZZZZZZZZ
  • #1,016
  • Dec 7, 2006 3:20pm Dec 7, 2006 3:20pm
Not sure if it has any relevance to the GBP/USD or not, but there is a monthly trendline that shows resistance on the EUR/USD right around the 1.3450 area. This trendline initiates around March or April 1995. Maybe something to look at.
Life is too short to have anything but delusional notions about yourself.
  • #1,017
  • Dec 7, 2006 3:32pm Dec 7, 2006 3:32pm
Here is a pic....
Attached Image
Life is too short to have anything but delusional notions about yourself.
  • #1,018
  • Dec 7, 2006 3:47pm Dec 7, 2006 3:47pm

Quoting pochie rc
This Is What I See
looks like the the very begining of a head and shoulder formation, you heard it here first!

  • #1,019
  • Dec 7, 2006 4:09pm Dec 7, 2006 4:09pm
Quoting 59fender

looks like the the very begining of a head and shoulder formation, you heard it here first!

I guess you are looking at the daily chart and if your formation continues, then the shoulder line is around 8838 and has some major resistance associated with it. If the formation then goes to completion, you are lokking at a target of 7835 or so.

That could be an interesting ride down, assuming that this is not just a retracement with the pair continuing up after a short rest.
  • #1,020
  • Dec 7, 2006 5:40pm Dec 7, 2006 5:40pm
N.F.P Is gonna be huge, last one of the year, every thing point to sell gbp/usd but this can change by 8:25am. we all thinking to much lets get some sleep and attack the beast tomorrow.
If I Go Broke Trying Then I Will die happy.
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