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Cable Update (GBPUSD)

  • #130,821
  • Apr 30, 2009 12:36pm Apr 30, 2009 12:36pm
I think it's temporary gowing down in the channel to 4685 and after that jump again... what do you think guys?!
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  • #130,822
  • Apr 30, 2009 12:38pm Apr 30, 2009 12:38pm
Quoting smikester
Is that what's called a bearish gartley pattern?
yes

H/s on daily guys... trendline been broke we just bonced back on it....

if not we shoot up to the 78.8/88.6 zone of last larger move up on daily....

http://www.forexfactory.com/showpost...6&postcount=19
  • #130,823
  • Apr 30, 2009 12:43pm Apr 30, 2009 12:43pm
anybody shooting for 4900?
- Always pray on your trading - God know the best for everyone
  • #130,824
  • Apr 30, 2009 1:38pm Apr 30, 2009 1:38pm
Quoting Bull_Bear
Shorts have right of way. Clear break back above 1.4840/50 will see shorties reaccessed. A Break below 1.4700 will spell disaster for cable. Still holding shorts......
I am all for disaster.
  • #130,825
  • Apr 30, 2009 3:06pm Apr 30, 2009 3:06pm
The Dog Jones Closed below 8200 and in RED. We could see a bearish market for next few days.
  • #130,826
  • Apr 30, 2009 10:04pm Apr 30, 2009 10:04pm
The bias is neutral both in nearest and medium term. Immediate support is seen at 1.4705 (yesterday's low). Break below that level could trigger further bearish scenario towards 1.4600 area. CCI in neutral area both on h4 and daily chart.
  • #130,827
  • Apr 30, 2009 10:37pm Apr 30, 2009 10:37pm
Quoting Gainmoney
The bias is neutral both in nearest and medium term. Immediate support is seen at 1.4705 (yesterday's low). Break below that level could trigger further bearish scenario towards 1.4600 area. CCI in neutral area both on h4 and daily chart.

Definitely "consolidatory"............ was beginning to think I was crazy... wait, I am.
  • #130,828
  • Apr 30, 2009 11:04pm Apr 30, 2009 11:04pm
Quoting smartalicus
Definitely "consolidatory"............ was beginning to think I was crazy... wait, I am.
I hope it is. Stay away from swine virus. Keep trading at home. DOnt go out too often. Happy pipping
  • #130,829
  • May 1, 2009 4:41am May 1, 2009 4:41am
1,4927 Sell limit
SL 1,4950
tp open.
  • #130,830
  • May 1, 2009 4:44am May 1, 2009 4:44am
hello

just wake up and closed my long yesterday from 1.4748 cloesd @ 1.4910

cable looking to retrace
  • #130,831
  • May 1, 2009 4:46am May 1, 2009 4:46am
will the bear come out now?
or the bull still running up....
- Always pray on your trading - God know the best for everyone
  • #130,832
  • May 1, 2009 4:54am May 1, 2009 4:54am
went short 14910
  • #130,833
  • May 1, 2009 4:55am May 1, 2009 4:55am
Quoting acidburn123
went short 14910
reason : FTSE is struggling to make a move to the upside.
  • #130,834
  • May 1, 2009 4:55am May 1, 2009 4:55am
Quoting nedim75
A bull in a bear market. What do you see when you look at the charts ?
i see the trend is UP for now. had i listened to you i wouldnt have got out at 4900 for +100 pips. flat for now
  • #130,835
  • May 1, 2009 4:59am May 1, 2009 4:59am
Quoting Gainmoney
I hope it is. Stay away from swine virus. Keep trading at home. DOnt go out too often. Happy pipping
Swine-virus is fake
  • #130,836
  • May 1, 2009 5:02am May 1, 2009 5:02am
watch cable carefully if broke 1.4954 it will run to 1.5065
  • #130,837
  • May 1, 2009 5:09am May 1, 2009 5:09am
hope that swine problem not making mr bear stay at his home
- Always pray on your trading - God know the best for everyone
  • #130,838
  • May 1, 2009 5:28am May 1, 2009 5:28am
if I dont see a new high in 10-20 minutes I'll add to my short.
  • #130,839
  • May 1, 2009 5:30am May 1, 2009 5:30am
Quoting acidburn123
if I dont see a new high in 10-20 minutes I'll add to my short.
also something fishy with the run up, done with 30% volume than usual.
  • #130,840
  • May 1, 2009 5:37am May 1, 2009 5:37am
Hi acid,

What made you short? Resistance, or based on FTSE too?
Quoting acidburn123
if I dont see a new high in 10-20 minutes I'll add to my short.
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