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Cable Update (GBPUSD)

  • #107,741
  • Dec 18, 2008 2:02am Dec 18, 2008 2:02am
looks to be holding long at 427
  • #107,742
  • Dec 18, 2008 2:09am Dec 18, 2008 2:09am
I've already opened Long @1.5433.

I hope it will continue Bullish...
  • #107,743
  • Dec 18, 2008 2:38am Dec 18, 2008 2:38am
Quoting ET-No
I've already opened Long @1.5433.

I hope it will continue Bullish...
i got stopped out i went back in at 377
  • #107,744
  • Dec 18, 2008 3:06am Dec 18, 2008 3:06am
I went short !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #107,745
  • Dec 18, 2008 3:08am Dec 18, 2008 3:08am
chill out

http://www.last.fm/music/Ennio+Morri...+in+America%29

When life gives you lemons, make lemonade
  • #107,746
  • Dec 18, 2008 3:12am Dec 18, 2008 3:12am
Quoting manize
I went short !
How come? where did you go short?
  • #107,747
  • Dec 18, 2008 3:14am Dec 18, 2008 3:14am
Quoting alcando
Morning All.
Nice little jog down this morning. We are camping near the EO1H62ema and the 50fibo from the last H1 move. Looks like it may go down to the trendline pushing thru 15270 again.
i think u re right given the weakness of the cable and the bad retail no coming out in 40min hope i will be able to get a short at 1.5475 or at least now so up up cable and then crash to 1.5270
  • #107,748
  • Dec 18, 2008 3:17am Dec 18, 2008 3:17am
Quoting manize
I went short !
Because now is London playing session ! Already locked in + 10 pis, 1st target 1.5265 ! I hope no hit SL,
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #107,749
  • Dec 18, 2008 3:17am Dec 18, 2008 3:17am
Maybe. Although I am hearing reports that the retail sales may not be as bad as expected so we may find the bottom then. As long as you are careful in your entry the volatility could find you making pips either way.

There is a trendline here too thru 15376 and support which is holding up quite well for now.

Quoting determined
i think u re right given the weakness of the cable and the bad retail no coming out in 40min hope i will be able to get a short at 1.5475 or at least now so up up cable and then crash to 1.5270
Ride the Bulls bearback!
  • #107,750
  • Dec 18, 2008 3:23am Dec 18, 2008 3:23am
Quoting PipLand
How come? where did you go short?
1.5410 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #107,751
  • Dec 18, 2008 3:31am Dec 18, 2008 3:31am
Quoting manize
1.5410 !
Damn ... hit !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #107,752
  • Dec 18, 2008 3:32am Dec 18, 2008 3:32am
Anyone else think cable is trading a little odd tonight?
  • #107,753
  • Dec 18, 2008 3:32am Dec 18, 2008 3:32am
added big to my longs
  • #107,754
  • Dec 18, 2008 4:04am Dec 18, 2008 4:04am
Is everyone on the train to 56xx maybe 57xx ??
  • #107,755
  • Dec 18, 2008 4:07am Dec 18, 2008 4:07am
I dunno. Would you consider that a sloppy head and shoulders pattern on the 15 minute chart?
  • #107,756
  • Dec 18, 2008 4:11am Dec 18, 2008 4:11am
Quoting permanentjaun
I dunno. Would you consider that a sloppy head and shoulders pattern on the 15 minute chart?
about an hour ago i did but not anymore more chance of double top
  • #107,757
  • Dec 18, 2008 4:17am Dec 18, 2008 4:17am
Quoting PipLand
about an hour ago i did but not anymore more chance of double top
5530 looked to strong so took profit on the way down
  • #107,758
  • Dec 18, 2008 4:20am Dec 18, 2008 4:20am
Quoting alcando
Maybe. Although I am hearing reports that the retail sales may not be as bad as expected so we may find the bottom then. As long as you are careful in your entry the volatility could find you making pips either way.

There is a trendline here too thru 15376 and support which is holding up quite well for now.
You got precious inside information it 's quite volatile
Give me patience
  • #107,759
  • Dec 18, 2008 4:23am Dec 18, 2008 4:23am
I get scared when things aren't moving 50 pips a minute.
  • #107,760
  • Dec 18, 2008 4:28am Dec 18, 2008 4:28am
Quoting permanentjaun
I dunno. Would you consider that a sloppy head and shoulders pattern on the 15 minute chart?
please upload the image
i cant see the H&S
i think GU will be down but i'm not sure When it will.
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luisinho