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Cable Update (GBPUSD)

  • #118,821
  • Feb 6, 2009 8:46am Feb 6, 2009 8:46am
Quoting fammira
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
After looking at the bad news... I am starting to agree... I think trend will change to South soon...
  • #118,822
  • Feb 6, 2009 8:47am Feb 6, 2009 8:47am
Quoting gammase1
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 300 pips though...

No need for me to post my analysis. Just wait for my signals. If you just see now .. I give the correct info. bye
  • #118,823
  • Feb 6, 2009 8:49am Feb 6, 2009 8:49am
Quoting Komissar
Are you expecting 4710ish today?
Im expecting a breakout below 4610 or upwards at 4710...so far..we are experiencing a tight consolidation between these levels....Indecision for all traders. not sure how to take the report.

If i do scalp....it will be fore shorts...
i am hearing complications with Senate passing the stimulus package..that does not bode well for immediate USD. this may be the reason for sluggish movement.
  • #118,824
  • Feb 6, 2009 8:51am Feb 6, 2009 8:51am
Quoting Myman
No need for me to post my analysis. Just wait for my signals. If you just see now .. I give the correct info. bye
without analysis yur comment was worthless (300+ pips) sorry bye....100% meaningless
  • #118,825
  • Feb 6, 2009 8:51am Feb 6, 2009 8:51am
Quoting msniper
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
I agree. It still has no clear direction. My bias atm remains long. Not gonna jump ship yet, being early doesn't necessarily makes you right. Guess I'm gonna have to wait wee bit more.
Thank You
  • #118,826
  • Feb 6, 2009 8:54am Feb 6, 2009 8:54am
Quoting RichyF
IS this a new downward leg beginning?
Still dont understand why Bearish US news wouldnt push GBP Up?
The figures look bad doesn't it? ... I wasn't expecting this since most of the recent news has been good... SO.. will this signal a return to risk aversion, ie flight to USD ???

Of course I could be wrong....
  • #118,827
  • Feb 6, 2009 8:57am Feb 6, 2009 8:57am
Quoting Myman
No need for me to post my analysis. Just wait for my signals. If you just see now .. I give the correct info. bye
I don't mean to be rude. But if you could, why not posting your analysis as well. Maybe if you post your analysis, others can see something that they(including me) might overlook in their own analysis. That's all.
  • #118,828
  • Feb 6, 2009 8:57am Feb 6, 2009 8:57am
Quoting wormboy
I agree. It still has no clear direction. My bias atm remains long. Not gonna jump ship yet, being early doesn't necessarily makes you right. Guess I'm gonna have to wait wee bit more.
i think this 1hr need to close bullish otherwise it will make another attempt down
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  • #118,829
  • Feb 6, 2009 8:59am Feb 6, 2009 8:59am
...
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  • #118,830
  • Feb 6, 2009 9:02am Feb 6, 2009 9:02am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #118,831
  • Feb 6, 2009 9:03am Feb 6, 2009 9:03am
Quoting nAVIN2007
i think this 1hr need to close bullish otherwise it will make another attempt down
i took that line you have as your signature. Gonna dare it and ride the bull
Took my long @ 4685 and placed my stop @ 4600
This is gonna be my last trade for the week. Good luck your guys
Thank You
  • #118,832
  • Feb 6, 2009 9:05am Feb 6, 2009 9:05am
Quoting Bones
u the man bro!!
  • #118,833
  • Feb 6, 2009 9:06am Feb 6, 2009 9:06am
What Do You Think Guy's Is It Still Possible To 1.48xx
The Ottelo way's find the mutual system to wins
  • #118,834
  • Feb 6, 2009 9:06am Feb 6, 2009 9:06am
Quoting wormboy
i took that line you have as your signature. Gonna dare it and ride the bull
Took my long @ 4685 and placed my stop @ 4600
This is gonna be my last trade for the week. Good luck your guys
it should go up i hope just place the stop a bit under support and if yur traken out reverse trade, no emotion and no matter what u will make money....easier said than done thou...
  • #118,835
  • Feb 6, 2009 9:07am Feb 6, 2009 9:07am
Quoting ottelo
What Do You Think Guy's Is It Still Possible To 1.48xx
Since I'm riding it up, I'll say yes
Thank You
  • #118,836
  • Feb 6, 2009 9:08am Feb 6, 2009 9:08am
am i the only one seeing the hidden divergence on 15tf??
gosh had one stupid trade and now i am trying to recover that loss.


edit-oh well my bad....
  • #118,837
  • Feb 6, 2009 9:09am Feb 6, 2009 9:09am
Quoting perstoman
am i the only one seeing the hidden divergence on 15tf??
gosh had one stupid trade and now i am trying to recover that loss.
Ummm ditto?
  • #118,838
  • Feb 6, 2009 9:09am Feb 6, 2009 9:09am
Quoting Abuawad
Good for you, i think it'll happen again now
Well :nerd:
  • #118,839
  • Feb 6, 2009 9:10am Feb 6, 2009 9:10am
$ is approaching support looks like it will go if not....
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #118,840
  • Feb 6, 2009 9:11am Feb 6, 2009 9:11am
Quoting wormboy
Since I'm riding it up, I'll say yes

i doubt it will cross 1.48 this week cause it will attempt to make a reversal and we all know that aint happenning anytime soon....the candles are longterm bearish still
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