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Cable Update (GBPUSD)

  • #122,821
  • Feb 23, 2009 11:41am Feb 23, 2009 11:41am
Anybody got a vision after 38% fib area at 1.4480 also?
Should we keep down or change to up?


Thanks for sharing!
  • #122,822
  • Feb 23, 2009 11:46am Feb 23, 2009 11:46am
I just finish my Trading method videos.
You can all access it on my play list on YouTube
http://www.youtube.com/view_play_lis...ABA19290D4CAF5
  • #122,823
  • Feb 23, 2009 11:48am Feb 23, 2009 11:48am
Next bus stop 1.4478/80.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,824
  • Feb 23, 2009 11:48am Feb 23, 2009 11:48am
4480 level is where I look to move my sl mate. bias is still down if it gets there. good luck
Thank You
  • #122,825
  • Feb 23, 2009 11:51am Feb 23, 2009 11:51am
Quoting trader8686
Anybody got a vision after 38% fib area at 1.4480 also?
Should we keep down or change to up?


Thanks for sharing!
Well this may surprise you but im eyeing up 1.4320 area, most likely not today, if we break 4300 then down to test 1.4220.

PLease bear in mind this is a BIG target and most likely I will close the majority of my trade much earlier and let a little run on if I think we can get there.

1.4480 and 1.4440 should be the next levels
  • #122,826
  • Feb 23, 2009 11:52am Feb 23, 2009 11:52am
Can i ask what the bias is
  • #122,827
  • Feb 23, 2009 11:53am Feb 23, 2009 11:53am
Pip! Say it mate, back to 4100! At least I'll know that I'm not alone.
Thank You
  • #122,828
  • Feb 23, 2009 11:54am Feb 23, 2009 11:54am
hey guys , i just shorted at 1.4513, tp 1.4413 , sl 1.4580

opinions?
  • #122,829
  • Feb 23, 2009 11:55am Feb 23, 2009 11:55am
Quoting mattpajek
Can i ask what the bias is
Depends on who you're asking. My bias is down unless 4600 is properly breached.
Thank You
  • #122,830
  • Feb 23, 2009 11:55am Feb 23, 2009 11:55am
OUCH check out the footsie and the dow!!
  • #122,831
  • Feb 23, 2009 11:57am Feb 23, 2009 11:57am
Quoting CableXpert
hey guys , i just shorted at 1.4513, tp 1.4413 , sl 1.4580

opinions?
well, if an ex-lehmann shares the same bias as me, I can't be that far off ey?
Good luck mate.
Thank You
  • #122,832
  • Feb 23, 2009 11:59am Feb 23, 2009 11:59am
I'm looking at buying the down spikes now, still got a bullish bias here...

Still holding long @ 1.4518...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #122,833
  • Feb 23, 2009 12:01pm Feb 23, 2009 12:01pm
Quoting wormboy
Pip! Say it mate, back to 4100! At least I'll know that I'm not alone.
Your not alone 4150 is certainly fresh in my mind, im not even rulling out 1.3850 area yet even! Reckon we'll need a bad GDP reading on wednesday for that one though!
  • #122,834
  • Feb 23, 2009 12:04pm Feb 23, 2009 12:04pm
LOL, you the man! I was wondering if I should mention 3600 again. Did that last week but to no avail! LOL. Brimming here that you mentioned 38xx levels LOL. Still holding your short mate?
Thank You
  • #122,835
  • Feb 23, 2009 12:09pm Feb 23, 2009 12:09pm
Quoting wormboy
well, if an ex-lehmann shares the same bias as me, I can't be that far off ey?
Good luck mate.
Didnt they go bust ?
  • #122,836
  • Feb 23, 2009 12:09pm Feb 23, 2009 12:09pm
I'm concerned that we may get a big rally in the equities market, due to being oversold, that will translate into the Pound strengthening very fast.
  • #122,837
  • Feb 23, 2009 12:14pm Feb 23, 2009 12:14pm
Quoting wormboy
LOL, you the man! I was wondering if I should mention 3600 again. Did that last week but to no avail! LOL. Brimming here that you mentioned 38xx levels LOL. Still holding your short mate?
Yep im still holding short, nearly all my MA's have crossed over and my 4 hr is just about bearish. But volume seems thin to me and anythign could happen at the moment. We could bounce up and take out my stop very quickly so im not holding my breath on this one.

I want to see below 1.4430 before I seriously start thinking about the lower support levels
  • #122,838
  • Feb 23, 2009 12:15pm Feb 23, 2009 12:15pm
Quoting allserene
Didnt they go bust ?
  • #122,839
  • Feb 23, 2009 12:17pm Feb 23, 2009 12:17pm
Quoting allserene
Didnt they go bust ?
they did. but that guy "cablexpert" used to work for them.
Thank You
  • #122,840
  • Feb 23, 2009 12:18pm Feb 23, 2009 12:18pm
Quoting kalparker
I'm concerned that we may get a big rally in the equities market, due to being oversold, that will translate into the Pound strengthening very fast.
True, def something to watch out for markets have been one way for quite a few days now and must be due a little rally soon at least, esp at these levels! Although you wont catch me buying any stocks or indexes at the moment
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