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Cable Update (GBPUSD)

  • #120,821
  • Feb 17, 2009 2:09am Feb 17, 2009 2:09am
Closed for +23 .. +103 on the day .. Off to bed! I would long a retrace of that bounce.. London traders were waiting a retest of the low at support to buy, and they did. Good luck all.
  • #120,822
  • Feb 17, 2009 2:12am Feb 17, 2009 2:12am
new to the forum here... greetings all.
have been scalping for a year or so, and find this forum interesting. hope u all don't mind a tag-along for a while as i learn more...
The nicest thing about the future is that it always starts tomorrow.
  • #120,823
  • Feb 17, 2009 2:12am Feb 17, 2009 2:12am
4120 is a good place for long!!!
  • #120,824
  • Feb 17, 2009 2:16am Feb 17, 2009 2:16am
Quoting Abuawad
i make some modification.
Thank you friend !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,825
  • Feb 17, 2009 2:18am Feb 17, 2009 2:18am
The pair has progressively made much lower highs over the last few trading sessions and is about to break support and test the 1.35 lows whilst stopping at the 1.38xx region. If you we're to be long here then you would be looking for a reversal and new highs. I don't see the pair doing that as there is no clear bottom set in at the moment.
  • #120,826
  • Feb 17, 2009 2:22am Feb 17, 2009 2:22am
Quoting jack.canadia
I caught the run down from 4190 and shorted again at 4160 as price retested the trendline. I am targeting 4110.
thanks i am still at the bus stop...missed the 1st bus going downward..waiting for the next bus..but don't know the way to go yet?
  • #120,827
  • Feb 17, 2009 2:29am Feb 17, 2009 2:29am
we have head & shoulders at h4 chart???
Attached Image (click to enlarge)
Click to Enlarge Name: chart.JPG Size: 133 KB
  • #120,828
  • Feb 17, 2009 2:40am Feb 17, 2009 2:40am
To Abu

could this be a reversal or magic..the more you look the less you see?
  • #120,829
  • Feb 17, 2009 2:42am Feb 17, 2009 2:42am
Quoting sleep1Iopen
The pair has progressively made much lower highs over the last few trading sessions and is about to break support and test the 1.35 lows whilst stopping at the 1.38xx region. If you we're to be long here then you would be looking for a reversal and new highs. I don't see the pair doing that as there is no clear bottom set in at the moment.
it has to first break the 4150 level...and then the 4060/20 levels....
  • #120,830
  • Feb 17, 2009 2:45am Feb 17, 2009 2:45am
Quoting Abuawad
i make some modification.
it's time to sell signals?!
h4 candel is below of the down limit.and 30min candel below of 4180!!
  • #120,831
  • Feb 17, 2009 2:46am Feb 17, 2009 2:46am
Im tempted to place alarms..and sleep until she wakes me...I'd love to catch the shorts..but know that she's gotta retrace sooner or later..that is the issue...
  • #120,832
  • Feb 17, 2009 2:47am Feb 17, 2009 2:47am
Anything over 60 get nailed, go bear go!

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Those dam news are putting anything on hold... $%$%&$%!?&!?*!&?
  • #120,833
  • Feb 17, 2009 2:48am Feb 17, 2009 2:48am
gOOD mornin all,
Am just back from the EU market where i recovered all my loses. Now i have to do more of listening in this strange land (GU). Went short @ .4150 but out bcos of the upcoming news. my system is still showing sell...but yet to have enough confidence in this GUhttp://www.forexfactory.com/images/icons/icon11.gif
  • #120,834
  • Feb 17, 2009 2:53am Feb 17, 2009 2:53am
Quoting Inzider
Anything over 60 get nailed, go bear go!

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Those dam news are putting anything on hold... $%$%&$%!?&!?*!&?
Inzider..are you saying...shorting at 60?

slang is a bit on the testing side..
  • #120,835
  • Feb 17, 2009 2:54am Feb 17, 2009 2:54am
With Inzider on this ... go bears!
Thank You
  • #120,836
  • Feb 17, 2009 2:56am Feb 17, 2009 2:56am
Quoting JammerJams
Inzider..are you saying...shorting at 60?

slang is a bit on the testing side..
I'm in at 47... ridiculous size SL at 85. But news are holding the thing hard time. Sure bias is down... put i won't tell you where to entry.
I would feel bad taking "credit or fault".

http://pro.corbis.com/images/42-1646...E766ADEF0FF%7D
  • #120,837
  • Feb 17, 2009 2:57am Feb 17, 2009 2:57am
I am in short 1.4160 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #120,838
  • Feb 17, 2009 3:06am Feb 17, 2009 3:06am
Quoting manize
I am in short 1.4160 !
May the pips be whit us!!

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Train clerks ask: "got ur ticket?!"



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Advise: don't follow my trade!!!!!
  • #120,839
  • Feb 17, 2009 3:08am Feb 17, 2009 3:08am
Quoting Inzider
May the pips be whit us!!
I was in 60 and out at 39...
  • #120,840
  • Feb 17, 2009 3:14am Feb 17, 2009 3:14am
Quoting Inzider
May the pips be whit us!!

-------------
Train clerks ask: "got ur ticket?!"



----------------
Advise: don't follow my trade!!!!!
My feeling yes ! Every M15 candle closed below ema5 make me more sure !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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