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Cable Update (GBPUSD)

  • #116,841
  • Feb 1, 2009 9:54pm Feb 1, 2009 9:54pm
Price appears to be finding some support at this level DM2 (on 5 min chart) also on 61% retracement from price last fri at this time. Any thoughts on this anyone?

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What you do is a reflection of you....what I do is a reflection of me.
  • #116,842
  • Feb 1, 2009 9:54pm Feb 1, 2009 9:54pm
It may or not it looks bullish but who knows I wait until I see clear direction
  • #116,843
  • Feb 1, 2009 9:58pm Feb 1, 2009 9:58pm
Quoting sofia101
It may or not it looks bullish but who knows I wait until I see clear direction
I am short at 65
  • #116,844
  • Feb 1, 2009 10:01pm Feb 1, 2009 10:01pm
Quoting torcuswelby
are u thinking long???????????

Im praying it will go up just to get back to 1.4388 to close even.
15 min and 30 min look ready for bullish action...... Im stressed now
  • #116,845
  • Feb 1, 2009 10:03pm Feb 1, 2009 10:03pm
Quoting torcuswelby
I am short at 65
is at 80
  • #116,846
  • Feb 1, 2009 10:03pm Feb 1, 2009 10:03pm
Quoting joemiami
Im praying it will go up just to get back to 1.4388 to close even.
15 min and 30 min look ready for bullish action...... Im stressed now
relax my friend...i'm also praying for the bullish action...
  • #116,847
  • Feb 1, 2009 10:10pm Feb 1, 2009 10:10pm
if successfully break 1.4345 she will go down to 1.4260
  • #116,848
  • Feb 1, 2009 10:11pm Feb 1, 2009 10:11pm
Quoting hanizad
if successfully break 1.4345 she will go down to 1.4260
i'm going long...s/l @ 1.4345
  • #116,849
  • Feb 1, 2009 10:12pm Feb 1, 2009 10:12pm
Quoting hanizad
if successfully break 1.4345 she will go down to 1.4260
perhaps even farther
  • #116,850
  • Feb 1, 2009 10:13pm Feb 1, 2009 10:13pm
Quoting zess
i'm going long...s/l @ 1.4345
Again I am saying it too early u need to wait for conformation
  • #116,851
  • Feb 1, 2009 10:14pm Feb 1, 2009 10:14pm
Quoting hanizad
if successfully break 1.4345 she will go down to 1.4260
I'm looking to be bullish around 4300. 1h 50sma/62ema are at 4297 atm. I'm interested to see if she can get through 433x area.
Just digging in the trenches like everyone else!
  • #116,852
  • Feb 1, 2009 10:19pm Feb 1, 2009 10:19pm
Quoting ehrek
anyone see a nice downfall to 1.35 over the next week?>
I do, but I also see 4850 area as well.
Just digging in the trenches like everyone else!
  • #116,853
  • Edited Feb 2, 2009 12:46am Feb 1, 2009 10:21pm | Edited Feb 2, 2009 12:46am
hoh, G/U may go to 1.45 ??
Give me patience
  • #116,854
  • Feb 1, 2009 10:23pm Feb 1, 2009 10:23pm
Quoting sofia101
Again I am saying it too early u need to wait for conformation
Out of inerest Sofia, what would be your confirmation.
What you do is a reflection of you....what I do is a reflection of me.
  • #116,855
  • Feb 1, 2009 10:25pm Feb 1, 2009 10:25pm
Quoting eohater
I'm looking to be bullish around 4300. 1h 50sma/62ema are at 4297 atm. I'm interested to see if she can get through 433x area.
Yeah I see it touching 1.4295
  • #116,856
  • Feb 1, 2009 10:26pm Feb 1, 2009 10:26pm
Quoting sofia101
I am still waiting to get in (patience is a virtue)
Just digging in the trenches like everyone else!
  • #116,857
  • Feb 1, 2009 10:27pm Feb 1, 2009 10:27pm
Quoting sofia101
Again I am saying it too early u need to wait for conformation
may i know what is your confirmation signal??
  • #116,858
  • Feb 1, 2009 10:29pm Feb 1, 2009 10:29pm
Quoting eohater
I do, but I also see 4850 area as well.
Are you still holding that short from friday?
  • #116,859
  • Feb 1, 2009 10:31pm Feb 1, 2009 10:31pm
Quoting golatigo
Are you still holding that short from friday?
Nope, I didn't take one at the close. I thought about it though. I've only picked up 20 quick ones earlier before I gave the kids a bath. Watched the game and just logged on.

How about you? You still short?
Just digging in the trenches like everyone else!
  • #116,860
  • Feb 1, 2009 10:32pm Feb 1, 2009 10:32pm
Quoting eohater
I'm looking to be bullish around 4300. 1h 50sma/62ema are at 4297 atm. I'm interested to see if she can get through 433x area.
Hey eo:

When the m15 50sma and 62ema are above price and the h1 50sma and 62ema are below price what setup are you looking for in that situation.
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