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Cable Update (GBPUSD)

  • #10,001
  • Apr 6, 2007 8:26am Apr 6, 2007 8:26am
Quoting Traex
Congratz to everyone who profitted and to this thread. Finally hit 10,000 posts!
agreed.
BAM BAM BOOM! -bravado
  • #10,002
  • Apr 6, 2007 8:40am Apr 6, 2007 8:40am
I think Cable is in double woes, BOE report and very strong US NFP. It would carry till next week. What do u think?
  • #10,003
  • Apr 6, 2007 8:49am Apr 6, 2007 8:49am
what happened ? did evryone go home? Good friday acting funny...Now what?
  • #10,004
  • Apr 6, 2007 8:51am Apr 6, 2007 8:51am
yes bravo, also long @9652.....r u keeping ur position open over d weekend....hopefully we'll see 9800 this coming week
thx and enjoy ur holidays.
  • #10,005
  • Apr 6, 2007 8:54am Apr 6, 2007 8:54am
I agree this is a great thread and I thank everyone for participating. Have a good weekend everyone.
  • #10,006
  • Apr 6, 2007 9:03am Apr 6, 2007 9:03am
Quoting mktjong
I think Cable is in double woes, BOE report and very strong US NFP. It would carry till next week. What do u think?
based on current price action, you are correct.

i would look at todays daily close. it will give you a clue.
BAM BAM BOOM! -bravado
  • #10,007
  • Apr 6, 2007 9:13am Apr 6, 2007 9:13am
The week's not over yet folks..why the hurry? There's still room southwise for this pair..I am making pipage as we speak. Check your H4 and D1 charts with EMA 13 and 50..there is a vey solid swing going on. I'm staying short until closing time.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #10,008
  • Apr 6, 2007 9:14am Apr 6, 2007 9:14am
Quoting goodness
yes bravo, also long @9652.....r u keeping ur position open over d weekend....hopefully we'll see 9800 this coming week
thx and enjoy ur holidays.
i'm holding no positions.
look for where the 4hr and the daily closes today.
BAM BAM BOOM! -bravado
  • #10,009
  • Apr 6, 2007 9:15am Apr 6, 2007 9:15am
Quoting Plutonite
The week's not over yet folks..why the hurry? There's still room southwise for this pair..I am making pipage as we speak. Check your H4 and D1 charts with EMA 13 and 50..there is a vey solid swing going on. I'm staying short until closing time.
correct. for a few pips more.
BAM BAM BOOM! -bravado
  • #10,010
  • Apr 6, 2007 9:15am Apr 6, 2007 9:15am
Euro´s making new lows - 3364 so far, swissy´s making new highs - 2222 so far and cable´s just holding at its 8:44 low of 9637, but for how much longer?
Trading Levels with WRBs
  • #10,011
  • Apr 6, 2007 9:18am Apr 6, 2007 9:18am
Quoting Islander
Euro´s making new lows - 3364 so far, swissy´s making new highs - 2222 so far and cable´s just holding at its 8:44 low of 9637, but for how much longer?
a drop to 9610~20 is feasible for today.
BAM BAM BOOM! -bravado
  • #10,012
  • Apr 6, 2007 9:19am Apr 6, 2007 9:19am
Looks like this week's candle for cable is gonna close below 1.9720. Bulls are being kept in check.
Tra-X
  • #10,013
  • Apr 6, 2007 9:23am Apr 6, 2007 9:23am
personally for myself, i'm done for the week.

nothing is going to make me get into a trade today. Friday+Holiday.
BAM BAM BOOM! -bravado
  • #10,014
  • Apr 6, 2007 9:36am Apr 6, 2007 9:36am
If EMA(20) cross EMA(34) --->> Trend change confirmed

Look CCI(50) crossing 0 line for bearish trend::

http://www.consultingforex.cl/images_post/emacci2.gif

If this week close < 9670, then this week will be the first bearish week after that 4 weeks

http://www.consultingforex.cl/images_post/weekly.gif

What do you think about that?
  • #10,015
  • Apr 6, 2007 9:46am Apr 6, 2007 9:46am
Quoting bravado
personally for myself, i'm done for the week.

nothing is going to make me get into a trade today. Friday+Holiday.
Same here.. trade of the day was long dollar at NFP. From now on it is all about wating hours for 10 pips..

I trading my refrigerator now. 10 beers in 1 hour..
  • #10,016
  • Apr 6, 2007 9:50am Apr 6, 2007 9:50am
it seems like cable will go down to 1,96 area.
  • #10,017
  • Apr 6, 2007 9:56am Apr 6, 2007 9:56am
hey Bravado i think i know wat was ur results still thou i think we should talk so add and lets do the talking i know i got something good .......
  • #10,018
  • Apr 6, 2007 9:59am Apr 6, 2007 9:59am
Quoting cesarnc
Same here.. trade of the day was long dollar at NFP. From now on it is all about wating hours for 10 pips..

I trading my refrigerator now. 10 beers in 1 hour..
now 'that' sounds like a plan.
BAM BAM BOOM! -bravado
  • #10,019
  • Apr 6, 2007 10:00am Apr 6, 2007 10:00am
Based on the daily S/L i'm going to await 1.9550 before i consider another another entry targeting more than 100 pips.

My undying love for this will make me scalp some more so I can make $100 for myself and $300 for fxsol.
  • #10,020
  • Apr 6, 2007 10:03am Apr 6, 2007 10:03am
Quoting pablorpl
If EMA(20) cross EMA(34) --->> Trend change confirmed

Look CCI(50) crossing 0 line for bearish trend::

If this week close < 9670, then this week will be the first bearish week after that 4 weeks

What do you think about that?
That's a shooting star candle, but if cable goes up more abit it'll become doji. Next week cable might retrace this fall, maybe to 9750 - 9780 area again, and then take a nosedive. Just my opinion.
Tra-X
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