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Cable Update (GBPUSD)

  • #120,161
  • Feb 12, 2009 8:24pm Feb 12, 2009 8:24pm
im testing the long side for now .. really tight on the stop .. going to see how she reacts to 1.44 if we get there .. beyond that i want to see 1.4450/1.4500
  • #120,162
  • Feb 12, 2009 8:35pm Feb 12, 2009 8:35pm
Quoting jack.canadia
im testing the long side for now .. really tight on the stop .. going to see how she reacts to 1.44 if we get there .. beyond that i want to see 1.4450/1.4500
Hey Jack...the volume may be a little light for now..will see..but I should have caught her as she pierced the trend line..

good luck..and good night..be back on in 4 hours...
  • #120,163
  • Feb 12, 2009 9:36pm Feb 12, 2009 9:36pm
Quoting JammerJams
Your up early...

well..i was studying the g/u charts..and what I see is a potential testing of each resistence..if we get through it...

but..it may be painful..lots of pullbacks..
im very tempted to take it down..from where ever it goes..and not start trading until London session.


whats your view...
I am in USA it's only 10;40 pm eastern time
  • #120,164
  • Feb 12, 2009 9:37pm Feb 12, 2009 9:37pm
Quoting sofia101
I am in USA it's only 10;40 pm eastern time
Agree about London open just wait until then
  • #120,165
  • Feb 12, 2009 10:02pm Feb 12, 2009 10:02pm
it will drop
ROBOT FOREX
  • #120,166
  • Edited 10:20pm Feb 12, 2009 10:07pm | Edited 10:20pm
Moving at 1.4365 - 1.4405 will be crucial till London session open ! My decission will be on next open/close H4, but my bias is up because H1/ema61 has been broken after H4 closed at 1.4386 ! Just only share, not a call !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,167
  • Feb 12, 2009 10:44pm Feb 12, 2009 10:44pm
good morning guys. Seems that I've been stopped out @ 4375 for both entries. Managed to bank in 337 pips on those entries, so I'm out for now. Good luck with your trades guys
Thank You
  • #120,168
  • Feb 12, 2009 10:49pm Feb 12, 2009 10:49pm
US Dollar Stronger, Japanese Yen Mixed Ahead of Final Fiscal Stimulus Vote, G7 Meeting Feb 13-14

  1. Euro to See Increased Volatility on 13 Friday as Euro-zone Q4 GDP May Fall by Most on Record
  2. British Pound Remains Under Pressure as Markets Bet on BOE Rate Cuts

Give me patience
  • #120,169
  • Feb 12, 2009 11:23pm Feb 12, 2009 11:23pm
Quoting wormboy
good morning guys. Seems that I've been stopped out @ 4375 for both entries. Managed to bank in 337 pips on those entries, so I'm out for now. Good luck with your trades guys
Good Job and happy week end !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,170
  • Feb 13, 2009 12:16am Feb 13, 2009 12:16am
^^ happy weekend to you too mate
Thank You
  • #120,171
  • Feb 13, 2009 1:13am Feb 13, 2009 1:13am
Quoting wormboy
^^ happy weekend to you too mate

befor you go on weekend..pls which way GU?

THANKS
  • #120,172
  • Feb 13, 2009 1:37am Feb 13, 2009 1:37am
I went long 1.4370 ! SL 1.4350 ! I hope M15 candle closes above 1.4386 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,173
  • Feb 13, 2009 1:46am Feb 13, 2009 1:46am
Quoting manize
I went long 1.4370 ! SL 1.4350 ! I hope M15 candle closes above 1.4386 !
OK she closes above 1.4386, now I see 1.4450 then 1.4550.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,174
  • Feb 13, 2009 1:47am Feb 13, 2009 1:47am
long now ?
Give me patience
  • #120,175
  • Feb 13, 2009 1:48am Feb 13, 2009 1:48am
why gu move to north ....any good news right now...????
  • #120,176
  • Feb 13, 2009 1:48am Feb 13, 2009 1:48am
Looks like we are going back to see 1.4710 about 300 pips away.
Trading Just Got Easier...
  • #120,177
  • Feb 13, 2009 1:51am Feb 13, 2009 1:51am
I have 4h 62ema at 4454 and also a down tl at about the same point.
  • #120,178
  • Feb 13, 2009 1:52am Feb 13, 2009 1:52am
I think the pair will be seeing an upward movement for now. considering the fact that the US section went buying yesterday and secondly stochastic on the daily chart has gotten to it oversold level and the 4HR chart stochastic is heading up. I will go buying when my setup gives me a long position, i miss the first given at 21GMT yesterday. i'm getting ready to rid the trend up with a stop loss of 100 points
  • #120,179
  • Feb 13, 2009 1:56am Feb 13, 2009 1:56am
daily 5sma at 4500 as well. I would see that area as a decent selling point
  • #120,180
  • Feb 13, 2009 1:58am Feb 13, 2009 1:58am
Quoting manize
OK she closes above 1.4386, now I see 1.4450 then 1.4550.
Yes hit 1st target !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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