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Cable Update (GBPUSD)

  • #128,561
  • Apr 1, 2009 3:58am Apr 1, 2009 3:58am
Quoting Inzider
News wipshaw?
Pushing it into resistance for further move down?.....
Who Knows....
Yeah possibly i took a short 4398 see what happens, resistance is telling me this isnt going up for now
  • #128,562
  • Apr 1, 2009 3:59am Apr 1, 2009 3:59am
Quoting uut
uhuh . . i wanna do the same

EVERYONE here wants to do the same!
I dont i just sold it
  • #128,563
  • Apr 1, 2009 4:00am Apr 1, 2009 4:00am
When cable go to 1.4630, monthly trend will change more to cable. So it's up to u all what to do then.
GELORE
  • #128,564
  • Apr 1, 2009 4:03am Apr 1, 2009 4:03am
Quoting PipLand
I dont i just sold it
Morning, Pipland.
I took short also. I am still considering GU in retracement, I and hope it goes down.
  • #128,565
  • Apr 1, 2009 4:03am Apr 1, 2009 4:03am
Quoting Fx1618
*** Caution as MTF 5EMA still not completely in a Long
MTF 5EMA's in a LONG
Attached Image
  • #128,566
  • Apr 1, 2009 4:07am Apr 1, 2009 4:07am
BTW, folks
Use maximum precaution in your trading.

Today is April Fool, so watch your back!
  • #128,567
  • Apr 1, 2009 4:08am Apr 1, 2009 4:08am
Gooday to all,
I went long . But my indicators are all currently indicating a short bias. Currently +1 pip!http://www.forexfactory.com/images/icons/icon9.gif
  • #128,568
  • Apr 1, 2009 4:08am Apr 1, 2009 4:08am
Quoting PipLand
Yeah possibly i took a short 4398 see what happens, resistance is telling me this isnt going up for now
I agree pip. I have 4 areas of resistence this puppy will have to break and hold before going long IMHO.

Didn't enter a short "yet"....waiting....
Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 14 KB
Ghost Rider - WWTBMD?
  • #128,569
  • Apr 1, 2009 4:10am Apr 1, 2009 4:10am
Goin up. Get in 4500.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.JPG Size: 63 KB
Click to Enlarge Name: gu4.JPG Size: 71 KB
Thank You
  • #128,570
  • Apr 1, 2009 4:12am Apr 1, 2009 4:12am
Quoting Komissar
Morning, Pipland.
I took short also. I am still considering GU in retracement, I and hope it goes down.
Morning Komissar,

Keep your stops tight! I get the feeling there isnt much open interest in GU at the moment its so choppy. Looks like its driven by EU and EG
  • #128,571
  • Apr 1, 2009 4:16am Apr 1, 2009 4:16am
given the amount of resistance, unless the top is tested again - 280s could be revisited atleast once more - and then perhaps even lower - just my observation at this point.. will support with a chart soon!

ps. key support now is 350
  • #128,572
  • Apr 1, 2009 4:16am Apr 1, 2009 4:16am
Quoting PipLand
Yeah possibly i took a short 4398 see what happens, resistance is telling me this isnt going up for now
i took sell too 1.4401... we'll see what will happened...

KG
  • #128,573
  • Apr 1, 2009 4:21am Apr 1, 2009 4:21am
waiting for eu to reattack 1.3175...
  • #128,574
  • Apr 1, 2009 4:25am Apr 1, 2009 4:25am
Quoting albchr
I agree pip. I have 4 areas of resistence this puppy will have to break and hold before going long IMHO.

Didn't enter a short "yet"....waiting....
Cool! Yeah certainly is a lot of resistance up there I think this will go higher but i expect it to test the lows first around 3900 - 4000, but we'll see, keeping stops tight!
  • #128,575
  • Apr 1, 2009 4:29am Apr 1, 2009 4:29am
Quoting wormboy
Goin up. Get in 4500.
Morning Wormboy, hows it going?

We could get to 4500, im locking my trade just incase it shoots up. But im hoping for this to test the lows again first
  • #128,576
  • Apr 1, 2009 4:29am Apr 1, 2009 4:29am
Unless you're scalping I don't see any reason to go short atm. Daily and 4hr are long, possibly overbought but I'd wait until there was a definite short movement on the 15M before entering. Sideways atm, with support, so I am hanging back.
The trend is not your friend, it's your master.
  • #128,577
  • Apr 1, 2009 4:30am Apr 1, 2009 4:30am
GbpUsd Up
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 1.gif Size: 20 KB
  • #128,578
  • Apr 1, 2009 4:32am Apr 1, 2009 4:32am
Quoting Kang_Gun
i took sell too 1.4401... we'll see what will happened...

KG
Good luck
  • #128,579
  • Apr 1, 2009 4:32am Apr 1, 2009 4:32am
Quoting PipLand
Cool! Yeah certainly is a lot of resistance up there I think this will go higher but i expect it to test the lows first around 3900 - 4000, but we'll see, keeping stops tight!
You think that far? Hmmmm..... I'll have to regroup and take another look at this. At this point I'm just wondering what kind of comics will come from the G20 and what effect it may have.
Ghost Rider - WWTBMD?
  • #128,580
  • Apr 1, 2009 4:33am Apr 1, 2009 4:33am
Closed my short. Maybe a little early, but I don't like how it's moving.
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