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Cable Update (GBPUSD)

  • #116,021
  • Jan 29, 2009 3:03am Jan 29, 2009 3:03am
Quoting fammira
still with my long order at 1,4043 waiting for another low which might happen during US session

and I am cleaning my cristal ball
Don't forget the read your Horoscope also, you never know what can reserve you the whole universe on a simple day!

Hehe!

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Following the lady from 45


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Quoting sierra
how you can say that? r u using EW? down till where? today low?
Whit her Crytal Ball i bet! Joke!


Quoting Bullfx
House price index still worse, unemployment increase:

GBP Nationwide HPI m/m:
actual: -1.3%, forecast: -1.8%, prev: -2.5%


EUR German Unemployment change:
actual: 56K, forecast: 32K, prev: 18K
thx for the update!
  • #116,022
  • Jan 29, 2009 3:14am Jan 29, 2009 3:14am
It seems to me that scalpers will greatly enjoy these area (.4155 -.4107). And i think i the weather will be hot....i better be in my Shorts.
  • #116,023
  • Jan 29, 2009 3:17am Jan 29, 2009 3:17am
Quoting sierra
how you can say that? r u using EW? down till where? today low?
I can say what I see and no I am not using ew and I don't know where I get out when I see it I will get out I am scalping and having a ball I wish that to all
  • #116,024
  • Jan 29, 2009 3:19am Jan 29, 2009 3:19am
Morning people, im long from 4125 we had a nice bounce from above fib level and previous support area, we may come back and test 4050 area but id expect that to hold for now
  • #116,025
  • Jan 29, 2009 3:22am Jan 29, 2009 3:22am
The 4050 touches the monthly S1 pivot..

Quoting PipLand
Morning people, im long from 4125 we had a nice bounce from above fib level and previous support area, we may come back and test 4050 area but id expect that to hold for now
  • #116,026
  • Jan 29, 2009 3:22am Jan 29, 2009 3:22am
Quoting PipLand
Morning people, im long from 4125 we had a nice bounce from above fib level and previous support area, we may come back and test 4050 area but id expect that to hold for now
we broke the low of yesterday bro, i expect this to resume down...am hoping this can develop into a longer term trade

time will tell i suppose
  • #116,027
  • Jan 29, 2009 3:23am Jan 29, 2009 3:23am
I am out already for 30 pips on 2 lots not bad but not very good
  • #116,028
  • Jan 29, 2009 3:31am Jan 29, 2009 3:31am
Quoting nAVIN2007
we broke the low of yesterday bro, i expect this to resume down...am hoping this can develop into a longer term trade

time will tell i suppose
Yeah I expected it to get to this area and then bounce, your right though i need to be carefull here its a long way down,

for now im keeping my trade open and gonna watch the 15 min carfeully looking for HL's and HH's if I dont start see them very soon im a gonna close out
  • #116,029
  • Jan 29, 2009 3:35am Jan 29, 2009 3:35am
Quoting PipLand
Yeah I expected it to get to this area and then bounce, your right though i need to be carefull here its a long way down,

for now im keeping my trade open and gonna watch the 15 min carfeully looking for HL's and HH's if I dont start see them very soon im a gonna close out
its a good call thou u have...it definately should have trouble getting through the support...it may go up first

have a look at the chart below
Attached Image (click to enlarge)
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  • #116,030
  • Jan 29, 2009 3:38am Jan 29, 2009 3:38am
Possible h&S on 15 TF
  • #116,031
  • Jan 29, 2009 3:40am Jan 29, 2009 3:40am
Morning All - I still in short from last night, i'm learning all the time and respect to all posters on here, esp Navin

Attached Image (click to enlarge)
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  • #116,032
  • Jan 29, 2009 4:02am Jan 29, 2009 4:02am
Quoting nAVIN2007
its a good call thou u have...it definately should have trouble getting through the support...it may go up first

have a look at the chart below
Right Ive just been having a look at every and it appears EU is at support,

EG wont see support until at least 9180 and GU recently bounced of support.

So I think there is a strong case for this to rise now
  • #116,033
  • Jan 29, 2009 4:04am Jan 29, 2009 4:04am
Quoting PipLand
Right Ive just been having a look at every and it appears EU is at support,

EG wont see support until at least 9180 and GU recently bounced of support.

So I think there is a strong case for this to rise now
Also the Dollar overnight killed other pairs much more than it did GU too
  • #116,034
  • Jan 29, 2009 4:05am Jan 29, 2009 4:05am
Quoting Inzider
Possible h&S on 15 TF
Sometimes i can be wrong, sometimes i can be right...

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I'm out, cya at usa open!
  • #116,035
  • Jan 29, 2009 4:06am Jan 29, 2009 4:06am
Quoting Inzider
Sometimes i can be wrong, sometimes i can be right...
I just couldnt see a H&S on the 15 min
  • #116,036
  • Jan 29, 2009 4:12am Jan 29, 2009 4:12am
To all the Bulls out there patience is the name of the game!
  • #116,037
  • Jan 29, 2009 4:12am Jan 29, 2009 4:12am
bye bye trendline, Hello 1.4500
  • #116,038
  • Jan 29, 2009 4:17am Jan 29, 2009 4:17am
WTF with Cable? i don't believe it...

not in trading right now.
  • #116,039
  • Jan 29, 2009 4:18am Jan 29, 2009 4:18am
Quoting PipLand
bye bye trendline, Hello 1.4500
1.45 - today???
  • #116,040
  • Jan 29, 2009 4:21am Jan 29, 2009 4:21am
Quoting Subdude
1.45 - today???
well I expected us to bounce off support and take a run up to the upper trendline.

This is a long standing trendline over months if its broken then it will be like pouring rocket fuel on cable so yeah 1.45 if we break the trendline
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