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Cable Update (GBPUSD)

  • #118,781
  • Feb 6, 2009 7:45am Feb 6, 2009 7:45am
Ok now it is time to go for long
  • #118,782
  • Feb 6, 2009 7:49am Feb 6, 2009 7:49am
Quoting Myman
Ok now it is time to go for long
wont do that if i were you!!!
  • #118,783
  • Feb 6, 2009 7:50am Feb 6, 2009 7:50am
Quoting Infinity
Remember this red line...? I think we will be seeing it soon... it lines up with a daily trendline and also the daily 50ema... I thinking of a short up there..
:nerd:...Red line doing well so far.
Attached Image
Patience + Discipline - Greed = Success
  • #118,784
  • Feb 6, 2009 7:52am Feb 6, 2009 7:52am
yes i am long. target 4820 for now.
lol lovely spike upwards.
  • #118,785
  • Feb 6, 2009 7:52am Feb 6, 2009 7:52am
Quoting Myman
Ok now it is time to go for long
yo my man..
u great...

pop
{Promotion Removed}
  • #118,786
  • Feb 6, 2009 7:54am Feb 6, 2009 7:54am
Quoting madel
thanks brother

by the way i visited your nice blog == nice work
Thanks,
  • #118,787
  • Feb 6, 2009 7:55am Feb 6, 2009 7:55am
Quoting guardians
Sorry frd, I think i will fly to South with very bad new in US.
I'm Sorry you was saying ???
  • #118,788
  • Feb 6, 2009 7:58am Feb 6, 2009 7:58am
We just had a solid bounce off the h4 10ema.. This h1 close is crucial...
Patience + Discipline - Greed = Success
  • #118,789
  • Feb 6, 2009 7:58am Feb 6, 2009 7:58am
could somebody expert here do explain what we just see a half an hour ago?
US coume out with a bad result.. but GU still drop...
  • #118,790
  • Feb 6, 2009 8:00am Feb 6, 2009 8:00am
...
Attached Image (click to enlarge)
Click to Enlarge Name: cable30mr.gif Size: 26 KB
  • #118,791
  • Feb 6, 2009 8:00am Feb 6, 2009 8:00am
Im not an expert by any means but i think maybe it was stop hunting?
  • #118,792
  • Feb 6, 2009 8:01am Feb 6, 2009 8:01am
Quoting narocc
could somebody expert here do explain what we just see a half an hour ago?
US coume out with a bad result.. but GU still drop...
in the last 13 min only cable up more than 90 pips
  • #118,793
  • Feb 6, 2009 8:01am Feb 6, 2009 8:01am
Quoting Infinity
:nerd:...Red line doing well so far.
Respect, mon!
Still waiting to go short.
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.jpg Size: 103 KB
  • #118,794
  • Feb 6, 2009 8:02am Feb 6, 2009 8:02am
Yep, I was wondering the same thing, Lost a few pips after sitting comfortably in a long position. Managed to switch direction and profited from the downward leg getting out at 1.4619 for 37 pips.
  • #118,795
  • Feb 6, 2009 8:04am Feb 6, 2009 8:04am
Quoting Komissar
Respect, mon!
Still waiting to go short.
I just closed out the rest of my shorts.. I'm on the sides now for the time being...
Patience + Discipline - Greed = Success
  • #118,796
  • Feb 6, 2009 8:05am Feb 6, 2009 8:05am
you'd prolly should wait about another half hour or so to make a call to go long or short. personally, watching the candle bouncing off my sma on 15tf leaves me wanting to go long, but i'll wait just a wee bit more.
This what I have on my daily, although we're still in a downtrend, the bullish trendline is still holding and both the upper & lower trendline need to be breached for a clearer look on where it's heading. But atm, it's definitely looking up. Not forgetting the cci is creeping up as well.
Happy trading you guys.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.JPG Size: 119 KB
Thank You
  • #118,797
  • Feb 6, 2009 8:05am Feb 6, 2009 8:05am
Quoting Komissar
Respect, mon!
Still waiting to go short.
Historical...trendlines....and fundamentals all points down.

what is strange is that our group in discussion is split in direction..we may see consolidation...until resolution...will see...time will tell.
  • #118,798
  • Feb 6, 2009 8:08am Feb 6, 2009 8:08am
Quoting nAVIN2007
...
nAVIN you will have to go to specsavers bro. Some of your lines are getting thicker and thicker.
  • #118,799
  • Feb 6, 2009 8:08am Feb 6, 2009 8:08am
It is rangy by 100 pips unless it make clearance to 1.4725
  • #118,800
  • Feb 6, 2009 8:08am Feb 6, 2009 8:08am
IS this a new downward leg beginning?
Still dont understand why Bearish US news wouldnt push GBP Up?
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