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Cable Update (GBPUSD)

  • #99,381
  • Nov 19, 2008 2:53am Nov 19, 2008 2:53am
Quoting "expert"
Oh i hope this is going to 4710 slowly and not more up but daily bulish divergance is problem for me.

will see
well my first target is 1.490x i might close my short there for some pips... just maybe... i dont aim for big pips cause my stops are small
When life gives you lemons, make lemonade
  • #99,382
  • Nov 19, 2008 2:56am Nov 19, 2008 2:56am
Quoting traderLb
Yep first time
good share us your opinion
When life gives you lemons, make lemonade
  • #99,383
  • Nov 19, 2008 3:01am Nov 19, 2008 3:01am
30 minutes til news.

Let me guess, the market will go the opposite way that its supposed to?
  • #99,384
  • Nov 19, 2008 3:06am Nov 19, 2008 3:06am
Quoting micho
good share us your opinion
Kinda of a beginner here but i see Gbpusd ranging for a while before heading lower
  • #99,385
  • Nov 19, 2008 3:07am Nov 19, 2008 3:07am
I am hoping for 14900 and will probably buy the S&R bounce off that level for 20-30pips or more as there is an ascending trendline which will most likely intersect and provide further support. I am not convinced we will push thru that level just with the BOE minutes until we get US trader support.

FTSE is slipping which normally assists the shorts.

Quoting micho
well my first target is 1.490x i might close my short there for some pips... just maybe... i dont aim for big pips cause my stops are small
Ride the Bulls bearback!
  • #99,386
  • Nov 19, 2008 3:10am Nov 19, 2008 3:10am
Quoting alcando
I am hoping for 14900 and will probably buy the S&R bounce off that level for 20-30pips or more as there is an ascending trendline which will most likely intersect and provide further support. I am not convinced we will push thru that level just with the BOE minutes until we get US trader support.

FTSE is slipping which normally assists the shorts.
i dont like to buy
When life gives you lemons, make lemonade
  • #99,387
  • Nov 19, 2008 3:13am Nov 19, 2008 3:13am
Quoting traderLb
Kinda of a beginner here but i see Gbpusd ranging for a while before heading lower
When life gives you lemons, make lemonade
  • #99,388
  • Nov 19, 2008 3:15am Nov 19, 2008 3:15am
If your system is quick enough, a buy/sell on a bounce for 20 pips can often yield great results at stron S&R levels. It dones of course depend on the momentum strength. They are the most consistent earners for me.

This old lady is really mis behaving today. I expected the kind of moves we are getting in EURUSD. If this behaviour continues I will be switching my allegiance from Cable to EUR. Maybe even EURAMERO.

Quoting micho
i dont like to buy
Ride the Bulls bearback!
  • #99,389
  • Nov 19, 2008 3:17am Nov 19, 2008 3:17am
Bugger I don't like to be in a trade so close to news and this thing is supposed to be further down by now....
Ride the Bulls bearback!
  • #99,390
  • Nov 19, 2008 3:17am Nov 19, 2008 3:17am
Quoting alcando
If your system is quick enough, a buy/sell on a bounce for 20 pips can often yield great results at stron S&R levels. It dones of course depend on the momentum strength. They are the most consistent earners for me.

This old lady is really mis behaving today. I expected the kind of moves we are getting in EURUSD. If this behaviour continues I will be switching my allegiance from Cable to EUR. Maybe even EURAMERO.
GBPUSD deception at its best
When life gives you lemons, make lemonade
  • #99,391
  • Nov 19, 2008 3:42am Nov 19, 2008 3:42am
now... the guess is that it will start consolidating... and go so slowly lower and lower to reach 1.49 first then maybe a bounce there then consolidating... then slowly lower and lower to 1.4839

thats just a guess... its deception at its best really makes people get scared to go short, while closing keeping their longs and watching them get more and more negative... then again a blow up to give them hope then down again slowly lol
When life gives you lemons, make lemonade
  • #99,392
  • Nov 19, 2008 3:43am Nov 19, 2008 3:43am
Oh i i am smiling.No move.Hahha
guys this need more shorts for down.Don't be a chicken
  • #99,393
  • Nov 19, 2008 3:45am Nov 19, 2008 3:45am
Quoting "expert"
Oh i i am smiling.No move.Hahha
guys this need more shorts for down.Don't be a chicken
Short 1.4975
  • #99,394
  • Nov 19, 2008 3:45am Nov 19, 2008 3:45am
Quoting "expert"
Oh i i am smiling.No move.Hahha
guys this need more shorts for down.Don't be a chicken

I will go short at 14490, I hope it gets back there for a second then collapses.
  • #99,395
  • Nov 19, 2008 3:47am Nov 19, 2008 3:47am
Quoting "expert"
Oh i i am smiling.No move.Hahha
guys this need more shorts for down.Don't be a chicken
my mini account cant handle more than one otherwise i would have done it already
When life gives you lemons, make lemonade
  • #99,396
  • Nov 19, 2008 3:47am Nov 19, 2008 3:47am
Quoting Vourvoul
Short 1.4975
yea baby.That is spirit
  • #99,397
  • Nov 19, 2008 3:49am Nov 19, 2008 3:49am
If it gets there I will join you and double up but I will porbably pounce already at 14478.

Quoting Niandra_lade
I will go short at 14490, I hope it gets back there for a second then collapses.
Ride the Bulls bearback!
  • #99,398
  • Nov 19, 2008 3:50am Nov 19, 2008 3:50am
Quoting Niandra_lade
I will go short at 14490, I hope it gets back there for a second then collapses.
4490 is history i think.Add 1 now and if come to 4490 add 1 more.We are so close to cross down on 15 on gann and QQE as well.If that happens maybe some retrace to 5 ema or little more down and then down.But possible not retrace just down for 4-5 15 candle.

will see
  • #99,399
  • Nov 19, 2008 3:53am Nov 19, 2008 3:53am
3, 2, 1
Attached Image
USD Est Non Mortuus
  • #99,400
  • Nov 19, 2008 3:58am Nov 19, 2008 3:58am
Quoting LuckyLurker
3, 2, 1
Attached Image (click to enlarge)
Click to Enlarge Name: explosion.jpg Size: 123 KB
When life gives you lemons, make lemonade
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