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Cable Update (GBPUSD)

  • #121,241
  • Feb 18, 2009 2:26am Feb 18, 2009 2:26am
Quoting dstryr
This....

You see a huge 1hr candle down....and you think to long?
Well, let me be clear here, i was answering his question not saying i'm going long.
  • #121,242
  • Feb 18, 2009 2:26am Feb 18, 2009 2:26am
Quite a crazy openinig...
  • #121,243
  • Feb 18, 2009 2:27am Feb 18, 2009 2:27am
Quoting jack.canadia
Im not convinced thats the turning point for a southward move ... It's obvious resistance but I would still like to see us flirting with the gap area for a short
Good morning Jack, I'm with you on this one. I think we are seeing a smart money accumulation. Could take some time with slow consolidation and wash and rinse before moving back up. Just my thoughts at the moment. Will watch for confirmation.
  • #121,244
  • Feb 18, 2009 2:27am Feb 18, 2009 2:27am
Quoting Abuawad
Well, let me be clear here, i was answering his question not saying i'm going long.
Exactly im agreeing with you...i was talking to the guy who said go long at 4265....
Going to make it big by age 21.
  • #121,245
  • Feb 18, 2009 2:28am Feb 18, 2009 2:28am
is this real move or they try to clear SL and "overshot" ???
  • #121,246
  • Feb 18, 2009 2:28am Feb 18, 2009 2:28am
Quoting dstryr
Exactly im agreeing with you...i was talking to the guy who said go long at 4265....
  • #121,247
  • Feb 18, 2009 2:29am Feb 18, 2009 2:29am
now let's go back up. long @ 1.4175. sl @ 1.4105
if she breaks 1.4120 then we can forget about the gap. It's going to be that 10% of gaps that are not covered.
  • #121,248
  • Feb 18, 2009 2:30am Feb 18, 2009 2:30am
great entry dstryr.

BoE minutes in an hour. Hopefully today is our big day because this H&S should crack about now
  • #121,249
  • Feb 18, 2009 2:30am Feb 18, 2009 2:30am
wowow . . do you see h$s on 5M time frame. . .
cabel is movinf
  • #121,250
  • Feb 18, 2009 2:31am Feb 18, 2009 2:31am
Quoting Abuawad
Well, let me be clear here, i was answering his question not saying i'm going long.
Good morning Nizar (is that your first name and OK to use??) It is interesting how price is dancing either side of your unknown limit area. I think the smart money is playing with it for now. I will wait out the first 30 - 60 minutes.
Thanks again for sharing your hard work and analysis.
  • #121,251
  • Feb 18, 2009 2:32am Feb 18, 2009 2:32am
oh goody, finally some movement. Gonna move sl to +10. Taxing 24 hours, let's see if it was worth the wait. Good luck guys.
Thank You
  • #121,252
  • Feb 18, 2009 2:34am Feb 18, 2009 2:34am
Quoting Barny
Good morning Nizar (is that your first name and OK to use??) It is interesting how price is dancing either side of your unknown limit area. I think the smart money is playing with it for now. I will wait out the first 30 - 60 minutes.
Thanks again for sharing your hard work and analysis.
Thanks, and yes its my first name. and its classified information
  • #121,253
  • Feb 18, 2009 2:35am Feb 18, 2009 2:35am
Quoting ezodisy
great entry dstryr.

BoE minutes in an hour. Hopefully today is our big day because this H&S should crack about now
Thank you and thats what I see...
If we break that line around 4110 4100 it will be a nice trip to the 36's again...next level to watch 4145
Going to make it big by age 21.
  • #121,254
  • Feb 18, 2009 2:36am Feb 18, 2009 2:36am
I'm in short from 1.4260 from yesterday. I've moved my sl to BE and now waiting for the big news today...relaxing.....
  • #121,255
  • Feb 18, 2009 2:40am Feb 18, 2009 2:40am
Quoting dstryr
Thank you and thats what I see...
If we break that line around 4110 4100 it will be a nice trip to the 36's again...next level to watch 4145
yeah we're back at that long familiar line now...
  • #121,256
  • Feb 18, 2009 2:40am Feb 18, 2009 2:40am
That's a monster candle. Moving the sl + 20. Get in you beauty
Thank You
  • #121,257
  • Feb 18, 2009 2:41am Feb 18, 2009 2:41am
trying to uderstand... look at yesterday London opening
  • #121,258
  • Feb 18, 2009 2:42am Feb 18, 2009 2:42am
Please be careful since 1.4120 is support line. So it going to upward movement and furthermore it is near to our news time. Minute of meeting going to come out.
  • #121,259
  • Feb 18, 2009 2:44am Feb 18, 2009 2:44am
Quoting Myman
Please be careful since 1.4120 is support line. So it going to upward movement and furthermore it is near to our news time. Minute of meeting going to come out.
It is not clear that it will bounce...if news is bad for GBP it is a sure break...just because something was support before dont count it bouncing until you get there.
Going to make it big by age 21.
  • #121,260
  • Feb 18, 2009 2:45am Feb 18, 2009 2:45am
are we have Head and shoulder from H4 chart!?
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