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Cable Update (GBPUSD)

  • #118,801
  • Feb 6, 2009 8:08am Feb 6, 2009 8:08am
Quoting Abuawad
Thanks,
I saved your blog into my favorite. Great thanks.
  • #118,802
  • Feb 6, 2009 8:11am Feb 6, 2009 8:11am
Quoting Abuawad
in the last 13 min only cable up more than 90 pips
And I made 70pips out of this spike ,back to side line waiting
  • #118,803
  • Feb 6, 2009 8:12am Feb 6, 2009 8:12am
Quoting sofia101
And I made 70pips out of this spike ,back to side line waiting
Good for you, i think it'll happen again now
  • #118,804
  • Feb 6, 2009 8:14am Feb 6, 2009 8:14am
Quoting Komissar
Respect, mon!
Still waiting to go short.

on my chart that upper trendline is at about 14830 at the moment, is everyone looking at the same level?
  • #118,805
  • Feb 6, 2009 8:15am Feb 6, 2009 8:15am
Quoting Abuawad
Good for you, i think it'll happen again now
I'll wait for lower price around 1.4560-80
  • #118,806
  • Feb 6, 2009 8:15am Feb 6, 2009 8:15am
Quoting JammerJams
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.
We touched the 50ema on the daily ...the last few times it hit we got some good shorts... will this time be different?

If we fail to close above it again... it should be sweet...
Patience + Discipline - Greed = Success
  • #118,807
  • Feb 6, 2009 8:15am Feb 6, 2009 8:15am
Quoting Chris_35
nAVIN you will have to go to specsavers bro. Some of your lines are getting thicker and thicker.
  • #118,808
  • Feb 6, 2009 8:16am Feb 6, 2009 8:16am
Quoting RichyF
IS this a new downward leg beginning?
Still dont understand why Bearish US news wouldnt push GBP Up?
me neither. People?
  • #118,809
  • Feb 6, 2009 8:16am Feb 6, 2009 8:16am
Quoting JammerJams
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.
this is why there are winners and loosers
  • #118,810
  • Feb 6, 2009 8:17am Feb 6, 2009 8:17am
Quoting Infinity
I just closed out the rest of my shorts.. I'm on the sides now for the time being...
Nice.
  • #118,811
  • Feb 6, 2009 8:19am Feb 6, 2009 8:19am
Quoting Infinity
We touched the 50ema on the daily ...the last few times it hit we got some good shorts... will this time be different?

If we fail to close above it again... it should be sweet...
That 50 has held since august.Breaking that would be a major trend reversal.
  • #118,812
  • Feb 6, 2009 8:19am Feb 6, 2009 8:19am
Quoting Chris_35
nAVIN you will have to go to specsavers bro. Some of your lines are getting thicker and thicker.

No disrepect to you nAVIN but that was pretty funny Chris_35
  • #118,813
  • Feb 6, 2009 8:26am Feb 6, 2009 8:26am
hi everyone

I had told you in the last few todays to stay long on the pound

today it looks to me it's time to take profit and watch it go down, dollar should be strong in the coming weeks
  • #118,814
  • Feb 6, 2009 8:26am Feb 6, 2009 8:26am
Quoting davids
No disrepect to you nAVIN but that was pretty funny Chris_35
no offense taken...it was a good one
  • #118,815
  • Feb 6, 2009 8:34am Feb 6, 2009 8:34am
i think all this to scare weak traders or hunt stoploss

it will shoot up again

i am seeing 1.4800 to 1.5000

lets wait and see
  • #118,816
  • Feb 6, 2009 8:34am Feb 6, 2009 8:34am
i see a fair few of u guys went short..
very tricky today
  • #118,817
  • Feb 6, 2009 8:36am Feb 6, 2009 8:36am
Ok all.. good night. already loaded my bag with 300+ pips. Undecided now. See you guys again
  • #118,818
  • Feb 6, 2009 8:38am Feb 6, 2009 8:38am
Quoting Myman
Ok all.. good night. already loaded my bag with 300+ pips. Undecided now. See you guys again
You should've posted some of your winning trades real-time, together with some analysis, as this would've benefited the forum.

Well sone on your 3000 pips though...
  • #118,819
  • Feb 6, 2009 8:40am Feb 6, 2009 8:40am
Quoting Infinity
We touched the 50ema on the daily ...the last few times it hit we got some good shorts... will this time be different?

If we fail to close above it again... it should be sweet...
Correct..Im only going to catch shorts...as it gets up to the down trendline at 4710....place a tight SL above at 10 over line. then move +5BE asap. let her ride down.

e/u is showing strong signs of long movement....
  • #118,820
  • Feb 6, 2009 8:45am Feb 6, 2009 8:45am
Quoting JammerJams
Correct..Im only going to catch shorts...as it gets up to the down trendline at 4710....place a tight SL above at 10 over line. then move +5BE asap. let her ride down.

e/u is showing strong signs of long movement....
Are you expecting 4710ish today?
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