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Cable Update (GBPUSD)

  • #106,581
  • Dec 15, 2008 1:35am Dec 15, 2008 1:35am
Quoting gagakrimba
Mine is :-
R1 : 1.5075
R2 : 1.5146
R3 : 1.5261
Maybe U.S. friends will help us reach these levels.
Give me patience
  • #106,582
  • Dec 15, 2008 1:46am Dec 15, 2008 1:46am
Quoting gagakrimba
You too ???
Opsssss...nearly got it
That is a bad miss.
Now she gonna fly
  • #106,583
  • Dec 15, 2008 2:12am Dec 15, 2008 2:12am
Quoting gagakrimba
That is a bad miss.
Now she gonna fly
hic, missed it and I turn to buy Eur/U
Give me patience
  • #106,584
  • Dec 15, 2008 2:28am Dec 15, 2008 2:28am
sideways again... waiting for a clear up trend...
When life gives you lemons, make lemonade
  • #106,585
  • Dec 15, 2008 2:38am Dec 15, 2008 2:38am
Quoting TerpFan2
Good Stuff Mpurdy...
Thanks,

From Mb Trading off a "Daily" i've got...

R3 1.5405 (That'd be nice)
R2 1.5261
R1 1.5102
Then there's... "Destroy all the Long's",
Coming in @

S1 1.4799
S2 1.4655
S3 1.4496

Personally,
I'd rather run these off of Frankfurt's time, and then London's
time (hr'ly)...
Enjoy,

Jeff !
hey Jeff
When life gives you lemons, make lemonade
  • #106,586
  • Dec 15, 2008 2:43am Dec 15, 2008 2:43am
Ehh MicO,

I'd say... a break of

R1 @ 1.5052,
Off of "Frankfurt's" Open,

then... a break of
R2 @1.5080,
will hopefully bring us to some Daily Pivot Points NORTH,
-I'd hope!
-Well See... I'm not liking this sloppy soup!
Enjoy,
Terrapin Pipper,

Jeff !
I will work to Objectively Identify my Edges
  • #106,587
  • Dec 15, 2008 2:46am Dec 15, 2008 2:46am
Quoting TerpFan2
Ehh MicO,

I'd say... a break of

R1 @ 1.5052,
Off of "Frankfurt's" Open,

then... a break of
R2 @1.5080,
will hopefully bring us to some Daily Pivot Points NORTH,
-I'd hope!
-Well See... I'm not liking this sloppy soup!
Enjoy,
Terrapin Pipper,

Jeff !
well daily RSI on cable is still very low... its either sideways like now or a real fast up trend to turn the oscillators near or above 50 just my opinion, i prefer to play EURO until cable decides
When life gives you lemons, make lemonade
  • #106,588
  • Dec 15, 2008 2:52am Dec 15, 2008 2:52am
I hear you,

I'm getting bug eyed here...
Asia drove it further! Let's see what London
will do!-?
I will work to Objectively Identify my Edges
  • #106,589
  • Dec 15, 2008 2:59am Dec 15, 2008 2:59am
This pair is simply in a wide range....everything in between should be treated as scalpes untill the market makers stop scalping as well...

we are stuck between a 61.8 and a 38.2 fibb

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 26 KB
  • #106,590
  • Dec 15, 2008 3:00am Dec 15, 2008 3:00am
Morning all

5045 i was short and still am.will wait for new 1 hr candle to open to see what next.And looking for next 4 hr candle to make final thinking for now.

Later will post chart no metter whar price do.Waiting to see close above 5045 on 15 or below 5000 on 1 hr.
If this 1 hr close below 5032(pivot line) i think good for this short of mine.

see ya later
  • #106,591
  • Dec 15, 2008 3:05am Dec 15, 2008 3:05am
1 of charts.Looking for 1 more test of suport line before maybe break resistance line
Attached Image (click to enlarge)
Click to Enlarge Name: cable 4 hr.gif Size: 35 KB
  • #106,592
  • Dec 15, 2008 3:06am Dec 15, 2008 3:06am
Good morning all,hey mich am wit out
  • #106,593
  • Dec 15, 2008 3:11am Dec 15, 2008 3:11am
Quoting enoh james a
Good morning all,hey mich am wit out
hey james best thing to do with cable
When life gives you lemons, make lemonade
  • #106,594
  • Dec 15, 2008 3:11am Dec 15, 2008 3:11am
on 15 minute chart look MACD.He is going down and price not.I went short as short term trade because of that.And if on 4 hr macd continue to go down as it looks it could be then will add more shorts if on 4 hr we close below 5000.If the candle is big then will wait retrace first.
In US session posible move ow DOW on up so that could bring cable on up.Then will go long.

will see.For now short
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable 15m.gif Size: 46 KB
Click to Enlarge Name: cable 4 hr.gif Size: 43 KB
  • #106,595
  • Dec 15, 2008 3:12am Dec 15, 2008 3:12am
Gaga 15014, long again ?
Give me patience
  • #106,596
  • Dec 15, 2008 3:14am Dec 15, 2008 3:14am
US Auto bail out plan very important.So will wait also that news.

By the way did you see that shoe flying to Bushs head on Irak press conference.Make i just love that man.
  • #106,597
  • Dec 15, 2008 3:18am Dec 15, 2008 3:18am
Quoting "expert"
US Auto bail out plan very important.So will wait also that news.

By the way did you see that shoe flying to Bushs head on Irak press conference.Make i just love that man.
two shoes and then i heard the man getting beaten and people asking to turn the cameras off instead of asking to stop beating him hahahahahhahaha

When life gives you lemons, make lemonade
  • #106,598
  • Dec 15, 2008 3:24am Dec 15, 2008 3:24am
Quoting "expert"
on 15 minute chart look MACD.He is going down and price not.I went short as short term trade because of that.And if on 4 hr macd continue to go down as it looks it could be then will add more shorts if on 4 hr we close below 5000.If the candle is big then will wait retrace first.
In US session posible move ow DOW on up so that could bring cable on up.Then will go long.

will see.For now short

http://www.forexfactory.com/attachme...1&d=1229332274
Nice pos u have for SHort...anyway..what is ur SL??

Sonic
  • #106,599
  • Edited 4:08am Dec 15, 2008 3:26am | Edited 4:08am
Quoting micho
two shoes and then i heard the man getting beaten and people asking to turn the cameras off instead of asking to stop beating him hahahahahhahaha

Maybe this would make USD weaken
anyway, Iraq attack is a mistake, I like making money, I hate War.
Give me patience
  • #106,600
  • Dec 15, 2008 3:30am Dec 15, 2008 3:30am
morning guys, guess were gonna have to wait to see what happens with the bail out before cable does anything interesting.

Not in a position yet but will be looking for some longs on the retest of the support line, if its kind enough to come down for me
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