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Cable Update (GBPUSD)

  • #122,101
  • Feb 20, 2009 2:28am Feb 20, 2009 2:28am
what is the target right now? 1.4072?
  • #122,102
  • Feb 20, 2009 2:35am Feb 20, 2009 2:35am
Quoting nicotine
what is the target right now? 1.4072?
if my TP/SL wasn't already reached..it would be 4110..then re-enter below 405x for lower PA

but that is just me...maybe
  • #122,103
  • Feb 20, 2009 2:41am Feb 20, 2009 2:41am
Quoting JammerJams
if my TP/SL wasn't already reached..it would be 4110..then re-enter below 405x for lower PA

but that is just me...maybe
if you can...just to be on the safe side..lock in some profits already acquired..we may see a little rise...CCI building up below -100
  • #122,104
  • Feb 20, 2009 2:43am Feb 20, 2009 2:43am
gOOD morning all,
Anybody long ? I mean longing for more pips? Am shorts of words. Happy trading day to all.
  • #122,105
  • Feb 20, 2009 2:46am Feb 20, 2009 2:46am
long from 4295
  • #122,106
  • Feb 20, 2009 2:46am Feb 20, 2009 2:46am
Ups she goes up again ! That is what I mean no entry untill wide space opened at least the 2nd target of Abuawad platform is hit ! And one lesson to me, M15 can not be trusted 100%, sometimes cheat ! Let see how PA at H1 closing, form a long tail bulish now !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,107
  • Feb 20, 2009 2:52am Feb 20, 2009 2:52am
Quoting manize
Ups she goes up again ! That is what I mean no entry untill wide space opened at least the 2nd target of Abuawad platform is hit ! And one lesson to me, M15 can not be trusted 100%, sometimes cheat ! Let see how PA at H1 closing, form a long tail bulish now !
well manize..if she forms a 1hr candle that looks like a nice Morning star..then hold your hats..cause its going to lift like a hot ballon...
oh and if this occurs..its also a nice englufing candle in the 15min form...

remember..its gotta break that past support..now its resistence
  • #122,108
  • Feb 20, 2009 2:53am Feb 20, 2009 2:53am
Good morning all...
I'm not in trading now...

we are in the North... see @ H1 Candle... she cannot drop Fibo -1 daily low (-23.6)

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  • #122,109
  • Feb 20, 2009 2:59am Feb 20, 2009 2:59am
Quoting JammerJams
well manize..if she forms a 1hr candle that looks like a nice Morning star..then hold your hats..cause its going to lift like a hot ballon...
oh and if this occurs..its also a nice englufing candle in the 15min form...

remember..its gotta break that past support..now its resistence
Freaky Friday syndrome scary me !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,110
  • Feb 20, 2009 3:00am Feb 20, 2009 3:00am
But with the recent news analysis, market sentiment may slow todays movement whichever way she choose to. Besides, we seem to be trending downwards. All these will make the colour of FRIDAY to immerge....most of us know better. "Stay off" is my present signal.
  • #122,111
  • Feb 20, 2009 3:02am Feb 20, 2009 3:02am
Quoting biax
Good morning all...
I'm not in trading now...

we are in the North... see @ H1 Candle... she cannot drop Fibo -1 daily low (-23.6)

Attachment
i was also out biax...it is too much a base forming.

but i am working on in the u/c ...since its broken out of the wedge its been in for past two days..going long...locked and safe...drinking my java..nice morning...quiet and safe..just like i like it.

careful with the g/u...it may try another attempt..but i dont think it will move much further lower if the 1 hr candle is set as we see it now..
  • #122,112
  • Feb 20, 2009 3:07am Feb 20, 2009 3:07am
this may be a git premature..but if we get another 1hr candle to form past our current 1hr wick...we may see the move upward we were expecting...
  • #122,113
  • Feb 20, 2009 3:08am Feb 20, 2009 3:08am
Quoting JammerJams
i was also out biax...it is too much a base forming.

but i am working on in the u/c ...since its broken out of the wedge its been in for past two days..going long...locked and safe...drinking my java..nice morning...quiet and safe..just like i like it.

careful with the g/u...it may try another attempt..but i dont think it will move much further lower if the 1 hr candle is set as we see it now..
  • #122,114
  • Feb 20, 2009 3:11am Feb 20, 2009 3:11am
Someone told me to click "Sell" whenever i intend to click Buy and vice versa....on fridays!
"No one is save with his analysis on such days", he said. Well, so far so true!
Does anyone has an idea why a day like this could be so risky?
  • #122,115
  • Feb 20, 2009 3:19am Feb 20, 2009 3:19am
Quoting goodwings
Someone told me to click "Sell" whenever i intend to click Buy and vice versa....on fridays!
"No one is save with his analysis on such days", he said. Well, so far so true!
Does anyone has an idea why a day like this could be so risky?
are you employee? if yes, you will know what happen in friday
  • #122,116
  • Feb 20, 2009 3:20am Feb 20, 2009 3:20am
News coming out soon . Staying out for now. London opening on freaky friday. +50 pips went out for a while when came back -16pips. Closed manually. Should have locked in some profits before going off. Discipline????
  • #122,117
  • Feb 20, 2009 3:21am Feb 20, 2009 3:21am
  •  Sahil
  • | Joined Jan 2009 | Status: Options Trader - Commodities & FX | 24 Posts
Pound is definitely bearish according to my Technical Analysis. The only reason its going up at this time so it can come down again when News break at 09:30. I am short at 1.4212.

Good Luck
  • #122,118
  • Feb 20, 2009 3:29am Feb 20, 2009 3:29am
Quoting biax
are you employee? if yes, you will know what happen in friday
Let everything be clear in my chart then; i want my pay in pips!
  • #122,119
  • Feb 20, 2009 3:30am Feb 20, 2009 3:30am
wave chart
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  • #122,120
  • Feb 20, 2009 3:37am Feb 20, 2009 3:37am
Maybe a chance to fade cable though.. I do actually think 1.4280/1.4320 is the initial sell zone in gbpusd
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