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Cable Update (GBPUSD)

  • #61,881
  • Apr 17, 2008 7:21am Apr 17, 2008 7:21am
I haven’t had time to check out what you guys have been saying but price has stopped to the pip on that falling TL and is waiting for news im going to see what that brings.
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Click to Enlarge Name: dddaydd.gif Size: 17 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #61,882
  • Apr 17, 2008 7:22am Apr 17, 2008 7:22am
Quoting avi907
that is right, too but i think news isn't as bad as expected i may be wrong who knows just i will wait and see
What have you heard ?

Tell me if it's insider information - I won't tell anyone
  • #61,883
  • Apr 17, 2008 7:26am Apr 17, 2008 7:26am
Quoting nAVIN2007
so how far do u guy suggest the stop should be .....cause i dont even have a stop right now...
bro i have a stop at .9850 but not sure about that trade if it is failed i have another sell at .9880 i will decide after news
  • #61,884
  • Apr 17, 2008 7:27am Apr 17, 2008 7:27am
Quoting allserene
What have you heard ?

Tell me if it's insider information - I won't tell anyone
only guess my friend not a serious thing
  • #61,885
  • Apr 17, 2008 7:27am Apr 17, 2008 7:27am
Ya know, the news could invariably push this thing to the top of the wedge, I move my stops to 30 on GU and 20 on EU right before news. If there is a whip, you will probably be taken out, but thats life.
  • #61,886
  • Apr 17, 2008 7:28am Apr 17, 2008 7:28am
EUR/USD is at the daily pivot right now 1.5894
  • #61,887
  • Apr 17, 2008 7:34am Apr 17, 2008 7:34am
seems news weaken the dollar so cable may go up a bit but i dont think it will change the fact that we may go down...
  • #61,888
  • Apr 17, 2008 7:40am Apr 17, 2008 7:40am
Quoting nAVIN2007
seems news weaken the dollar so cable may go up a bit but i dont think it will change the fact that we may go down...
News is as expected, even if it is not good. That should be good for the dollar. GBP should go down now.......... That is why it most probably wont.LOL
  • #61,889
  • Apr 17, 2008 7:43am Apr 17, 2008 7:43am
Quoting Runway Trade
News is as expected, even if it is not good. That should be good for the dollar. GBP should go down now.......... That is why it most probably wont.LOL

thx the lord for that ...man i need a descent long trade just to get me going ..at the movement im trading large time frames and scalping ..its rediculous...LOL
  • #61,890
  • Apr 17, 2008 7:43am Apr 17, 2008 7:43am
seems no affect for up movement so it should go down technically
i will hold my short.. profit or loss
  • #61,891
  • Apr 17, 2008 7:52am Apr 17, 2008 7:52am
Let's wait for the next news, maybe it will show direction for G/U...
  • #61,892
  • Apr 17, 2008 8:01am Apr 17, 2008 8:01am
Quoting fxpredator
Hello Bones,

are you ready for new Sell positions?

I am looking for enter around 1.9835 - 4h MA100 and also forecast for retracement of El Grande Elliot wave counting :

http://forexfactory.com/attachment.p...4&d=1208326990

best regards

FXP
Hey buddy
Well I would sell but would prefer to sell with PA confirmation as Im really struggling with the 9400 target of most.
When I check in during the day I really have limited time to make trading decisions.
I mean if I had the luxury of being at my monitor I would have took the short off that falling TL but immediate price movement is still to the upside so I would keep it tight.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #61,893
  • Apr 17, 2008 8:03am Apr 17, 2008 8:03am
very tricky gbp..

Divergence on 30 tf.. if this top ends here we shall see a drop.

http://fedho.com/image/view/43658
  • #61,894
  • Apr 17, 2008 8:20am Apr 17, 2008 8:20am
Bounce off the 38.2 on the Daily. Anticipating it's next move.
  • #61,895
  • Apr 17, 2008 8:36am Apr 17, 2008 8:36am
Hello Everyone,
I just wanted to share some little tid bits of info that really hold up as support and res. Pull up a 5 Minute chart and put the following on it.

1-89 EMA smoothed high (orange )
1-89 EMA smoothed low (orange)
1-89 EMA close (lime green)
1-11 EMA close (red)
1-21 EMA close (yellow)

Daily Pivots

They work very well. above the 89 for uptrend and below for downtrend.
Try them.

Jim
Attached File(s)
File Type: mq4 Pivot_Points.mq4   46 KB | 381 downloads
  • #61,896
  • Apr 17, 2008 8:45am Apr 17, 2008 8:45am

The cable strong in this moment because the bond the cable rise
But if the bond dawn the cable fall
Grasp all lose all
  • #61,897
  • Apr 17, 2008 8:58am Apr 17, 2008 8:58am
Quoting hard1head1
Hello Everyone,
I just wanted to share some little tid bits of info that really hold up as support and res. Pull up a 5 Minute chart and put the following on it.

1-89 EMA smoothed high (orange )
1-89 EMA smoothed low (orange)
1-89 EMA close (lime green)
1-11 EMA close (red)
1-21 EMA close (yellow)

Daily Pivots

They work very well. above the 89 for uptrend and below for downtrend.
Try them.

Jim
thx jim ..im sure it will come in really usefull
  • #61,898
  • Apr 17, 2008 9:01am Apr 17, 2008 9:01am
WTF was this? Any news came out?
  • #61,899
  • Apr 17, 2008 9:03am Apr 17, 2008 9:03am
i am waiting for confirmation 2

wishing you wise and profitable trading

FXP

Quoting Bones
Hey buddy
Well I would sell but would prefer to sell with PA confirmation as Im really struggling with the 9400 target of most.
When I check in during the day I really have limited time to make trading decisions.
I mean if I had the luxury of being at my monitor I would have took the short off that falling TL but immediate price movement is still to the upside so I would keep it tight.
  • #61,900
  • Apr 17, 2008 9:03am Apr 17, 2008 9:03am
Philadelphia Fed Manufacturing Index
http://www.forexfactory.com/images/m...etail_star.gif -24.9
-15.0 -17.4

hold on
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