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Cable Update (GBPUSD)

  • #35,361
  • Oct 14, 2007 3:16pm Oct 14, 2007 3:16pm
Quoting winwise
Not bad, ces
But don't u think this EG retreacement is very modest one?
Rsi prove Eur is still in bullish mood against G
Prove you say? RSI like any 100/-100 oscillator can stay overbought/oversold for all long as a trend continues, is not proof.
  • #35,362
  • Oct 14, 2007 4:01pm Oct 14, 2007 4:01pm
Pound just opened 20 pips higher, playing the gap now.
I dream, therefore I become.
  • #35,363
  • Oct 14, 2007 4:28pm Oct 14, 2007 4:28pm
Quoting winwise
Not bad, ces
But don't u think this EG retreacement is very modest one?
Rsi prove Eur is still in bullish mood against G
I don't know. Euro is at noman's land until 4140 or 4215 goes. But I think EG will follow euro-dollar, leaving cable alone. There are big time data from UK for us to play cable, instead of trying to catch up with it via dollar bias.
  • #35,364
  • Oct 14, 2007 4:50pm Oct 14, 2007 4:50pm
What the hell just happend to kiwi, went up like 35 pips then BAMM, HUGE bear candle from hell shows up. Just when I was getting ready to buy, glad I decided to wait a few more minutes.
Just Trade It
  • #35,365
  • Oct 14, 2007 4:56pm Oct 14, 2007 4:56pm
Quoting mike w
Pound just opened 20 pips higher, playing the gap now.
where do you guys see prices... i didntfind amy market open yet ?
I Deeply Love My Virtual Life In Virtual World , RLC
  • #35,366
  • Oct 14, 2007 5:00pm Oct 14, 2007 5:00pm
I got my orders placed, I am going to bed be back for london open.
Just Trade It
  • #35,367
  • Oct 14, 2007 5:04pm Oct 14, 2007 5:04pm
Quoting notme32
where do you guys see prices... i didntfind amy market open yet ?
Find a broker who does... Oanda for example...
.
  • #35,368
  • Oct 14, 2007 5:08pm Oct 14, 2007 5:08pm
My weekly cable analysis
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Just Trade It
  • #35,369
  • Oct 14, 2007 5:33pm Oct 14, 2007 5:33pm
Cable acting like a chaotic b**ch.

Here is a little story: (How I see the GU today)

Man: Honey, let us have sex.
Woman: Oh no, I have a terrible headache.
For weeks like that.
Then they go to Africa and onto a trip.
A huge Gorilla come out of the woods and target the Woman.
The Woman and the Man start to run and the woman start to shout to the man, HELP HELP. The Man shouts back to the Woman: tell to the Gorilla that you have a terrible headache...
.
  • #35,370
  • Oct 14, 2007 6:31pm Oct 14, 2007 6:31pm
Friday semi Pin Bar makes me think Long for about 100 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 11 KB
  • #35,371
  • Oct 14, 2007 6:47pm Oct 14, 2007 6:47pm
Hello everyone,

Am new to this forum and happy to find such a wonderful forum for both new and experienced traders.

I guess I'll be brave enough to post a chart of what I think cable will do soon enough I think Cable is definitely on it way up. Way, way up (eventually around 2.06 area imho) but best buying opportunity is yet to come.

CF
Attached Image
  • #35,372
  • Oct 14, 2007 8:08pm Oct 14, 2007 8:08pm
Well, couldn't ask for a better entry folks.
Lets hope I'm right. Let's see what happens.

CF
Attached Image
  • #35,373
  • Oct 14, 2007 8:41pm Oct 14, 2007 8:41pm
i believe you're right. 2.0400 to 2.0440 area, then down again for the next h4 wave.

Quoting cftrader
Well, couldn't ask for a better entry folks.
Lets hope I'm right. Let's see what happens.

CF
Nihil Sine Deo.
  • #35,374
  • Edited 10:09pm Oct 14, 2007 10:08pm | Edited 10:09pm
You could be right scrat but looking @ 2.0490 to above 2.05 right now.
The trade is certainly looking real good right now though

Pls. take a look at the USDCHF chart. I wasn't able to post it earlier. Looking at about 1.1630 - 1.1615 area. Of course will look better soon as it breaks 1.1803 first

Look forward to your thoughts

CF



Quoting Scrat
i believe you're right. 2.0400 to 2.0440 area, then down again for the next h4 wave.
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  • #35,375
  • Oct 15, 2007 12:29am Oct 15, 2007 12:29am
Anyone taken long trades today.Im in long @ 2.0344
  • #35,376
  • Oct 15, 2007 1:32am Oct 15, 2007 1:32am
Quoting bksujal
Anyone taken long trades today.Im in long @ 2.0344
i'm long...lets see if london open can help us!! I feel pretty good about this trade.. Everyone LONGGGG!! jeje
  • #35,377
  • Oct 15, 2007 1:46am Oct 15, 2007 1:46am
Yessssssss......keep going! dont stop now!! see you at .0430'ish..
  • #35,378
  • Edited 2:48am Oct 15, 2007 2:47am | Edited 2:48am
Quoting MLM12
Yessssssss......keep going! dont stop now!! see you at .0430'ish..

I think 2.0480ish is more like it for now before any significant downturn is in the offing but..... lets see what happens

CF
  • #35,379
  • Oct 15, 2007 3:17am Oct 15, 2007 3:17am
it downtime .............

best entry for today 389 ? maybe yes maybe nooooooooooooo

i take that change
I Deeply Love My Virtual Life In Virtual World , RLC
  • #35,380
  • Oct 15, 2007 3:27am Oct 15, 2007 3:27am
ronald pissing again,...anyway its preety cold here, aprox -2C, Moscow had a snow yesterday,...turkey will decide on wednesday if it will attack the Kurds in Iraq, the US did make a statement about the armenians being invaded in the past from the turks,..turks not pleased, Polish parliamentary and slovenian presidental elections on Sunday, china breaking all Resistance towards trilion Cap wona be by some their chips,...among with other regular news,...
its just money
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