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Cable Update (GBPUSD)

  • #132,981
  • May 19, 2009 8:08am May 19, 2009 8:08am
Will add to it if it crosses 100 SMA on 15 Min.

Quoting FXexpress
Still very short here guy.....

MK
  • #132,982
  • May 19, 2009 8:10am May 19, 2009 8:10am
Price setting on 1 hr DTL now that served as resistance in the past.
  • #132,983
  • May 19, 2009 8:11am May 19, 2009 8:11am
GBP against USD do better when stocks do rally/appreciate.GBP has appreciated when U.K had bad economic numbers#unemployment rate highest in maybe 50 years.........low inflation......... so IMHO GBP will drop and if EU/GBP to go over .90 then the drop of GBP will accelarate........GBP value mostly will be decided in comming weeks by EU/GBP .90 mark

Quoting mloistianto
umm hello, ii dont know if this is a silly question.. but what is the correlation between the news and the gu pair?US is bad then gbp fall??
BANDA333
  • #132,984
  • May 19, 2009 8:13am May 19, 2009 8:13am
Quoting FXexpress
Still very short here guy.....

MK
just added long..... 1.5430.... TP 1.5530
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #132,985
  • May 19, 2009 8:23am May 19, 2009 8:23am
I am accidentally in the wrong thread
  • #132,986
  • May 19, 2009 9:21am May 19, 2009 9:21am
Looks like it gonna go thru that R2. R3 is 1.5645.
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  • #132,987
  • May 19, 2009 9:42am May 19, 2009 9:42am
cable has been just a brain washer for me through the day,it was better i would have gone for outing,
any pair which is constantly hittimg unneccesary high creates panic buying or panic selling,

i m holding short what u guys can suggest should i hold or put a stop loss..waiting for prompt reply...
LIVE LOVE LAUGH KRISHNA
  • #132,988
  • May 19, 2009 9:53am May 19, 2009 9:53am
Quoting krishna
cable has been just a brain washer for me through the day,it was better i would have gone for outing,
any pair which is constantly hittimg unneccesary high creates panic buying or panic selling,

i m holding short what u guys can suggest should i hold or put a stop loss..waiting for prompt reply...
man , i am holdin a Sell @5485 , i was in panic will it get against me or not , so i decided to trust my strategy and went to sleep , okay but it stays in this area for more than 8 hours. I Still think it will get down , now is in consolidation and then - who knows. I recommend u to put a SL and proper target and go somewhere away from that hell platform
CrizZzZzZzZz
  • #132,989
  • May 19, 2009 10:03am May 19, 2009 10:03am
Quoting krishna
cable has been just a brain washer for me through the day,it was better i would have gone for outing,
any pair which is constantly hittimg unneccesary high creates panic buying or panic selling,

i m holding short what u guys can suggest should i hold or put a stop loss..waiting for prompt reply...
Depends on what TF u r trading, but the bias right now is definitely UP. Unless stocks tank big time!...
  • #132,990
  • May 19, 2009 10:04am May 19, 2009 10:04am
Quoting IcoHristovBG
man , i am holdin a Sell @5485 , i was in panic will it get against me or not , so i decided to trust my strategy and went to sleep , okay but it stays in this area for more than 8 hours. I Still think it will get down , now is in consolidation and then - who knows. I recommend u to put a SL and proper target and go somewhere away from that hell platform
i gone for sleep almost 1 hour when woke up i saw 1.5445,i was feeling like i just makeup some thing atleast as my average selling was 1.5495,
finally i just took a small flush in my toilet n just came back n saw 1.5485,
n just in 4h hour chart it took a pivot support @ 1.5426,n break above 1.5511 will make more bullish upto,1.5600...
can;t handle this pair it it breaks high....
LIVE LOVE LAUGH KRISHNA
  • #132,991
  • May 19, 2009 10:06am May 19, 2009 10:06am
Quoting krishna
i gone for sleep almost 1 hour when woke up i saw 1.5445,i was feeling like i just makeup some thing atleast as my average selling was 1.5495,
finally i just took a small flush in my toilet n just came back n saw 1.5485,
n just in 4h hour chart it took a pivot support @ 1.5426,n break above 1.5511 will make more bullish upto,1.5600...
can;t handle this pair it it breaks high....

wha the hell cable is making more bullish..........
LIVE LOVE LAUGH KRISHNA
  • #132,992
  • May 19, 2009 10:13am May 19, 2009 10:13am
Quoting krishna
wha the hell cable is making more bullish..........
lol... better to trade EurUsd or UsdChf instead of this one... I`ve had a streak of 450 losses with this pair... so, a short term goodbye for this pair...
  • #132,993
  • May 19, 2009 10:22am May 19, 2009 10:22am
Buyer GBP/USD bedegong! jurig bangkawarah... ririwa...
  • #132,994
  • May 19, 2009 10:29am May 19, 2009 10:29am
This pair is so wrong , if i see 1.51-2 in next few days to close my position and i am gone , this shit non stop bombing my nerves , strategy , account lost like 700 $ today
CrizZzZzZzZz
  • #132,995
  • May 19, 2009 10:30am May 19, 2009 10:30am
man, salute to bull bear and banda.. i dont understand what these people talking about really. lol.. small applause maybe..
  • #132,996
  • May 19, 2009 10:30am May 19, 2009 10:30am
caught up some thing,cable is being under value eurgbp,
the pair is trading almost a boundry line just 4 points more down from low,will shoot up cable towards 1.5600,if some one wishes to hedge the position can hegde up with eurgbp if breaks low...

going for a big round walk,i hope when i will back u guys will bring cable down towards 1.5400...

enjoy n hedge
LIVE LOVE LAUGH KRISHNA
  • #132,997
  • May 19, 2009 10:31am May 19, 2009 10:31am
its like fighting a beast...
it crushed every lock i made...
tough one.
- Always pray on your trading - God know the best for everyone
  • #132,998
  • May 19, 2009 10:35am May 19, 2009 10:35am
hi king indian, could u share something here? hows your trade now? any floating trade still?
  • #132,999
  • May 19, 2009 11:01am May 19, 2009 11:01am
double top on H1 tf....

any one confirm... at the daily high?
  • #133,000
  • May 19, 2009 11:03am May 19, 2009 11:03am
sorry nedal could i ask what is tf?? thanks
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