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Cable Update (GBPUSD)

  • #133,461
  • May 21, 2009 3:15am May 21, 2009 3:15am
Word of warning guys. I have been involved in retail sales in shopping centres for the last 13 years. Things have never been more difficult so please be careful and wait for the retail sales info. Then again the goverment are the champions in lying and manipulation.
You've got to be IN IT to WIN IT!
  • #133,462
  • May 21, 2009 3:16am May 21, 2009 3:16am
hi,

cable need to be above 1.5830 to go up
  • #133,463
  • May 21, 2009 3:17am May 21, 2009 3:17am
didi you saw my latest signals on cable and eur-usd?buy at 1.3770 and buy at 1.5760 ???? .thx
Quoting jack.canadia
Post ANALYSIS!

You told people to short 5705 G/U and what happened lol
  • #133,464
  • May 21, 2009 3:17am May 21, 2009 3:17am
Quoting GlobalMacro
Here's an hourly Heikin-Ashi view. 1.5727 is support for now but momentum waning. Best wait until after Retail Sales.
OK. Trend intensity ticking up again. Getting ready to set longs around here.
Hear the music before the song is over ...
  • #133,465
  • May 21, 2009 3:19am May 21, 2009 3:19am
acording to the 1 h chart /30/15/10/and 5 will go up to 1.59 today aswell.
Quoting Marj
Still carrying a long from yesterday, 15521 as posted only carrying 25% of it. Lets see what the news brings nothing lining up yet for me.

As the quote goes 'trend is friend' better to miss the first 'bus' but not catch the last if you know what I mean
  • #133,466
  • May 21, 2009 3:20am May 21, 2009 3:20am
Quoting Ifty
Word of warning guys. I have been involved in retail sales in shopping centres for the last 13 years. Things have never been more difficult so please be careful and wait for the retail sales info. Then again the goverment are the champions in lying and manipulation.
  • #133,467
  • May 21, 2009 3:21am May 21, 2009 3:21am
keep it long is a good idea )))for today.watch for news but dont get scared.pre-market data says long is favorized.

Quoting jibleanu
acording to the 1 h chart /30/15/10/and 5 will go up to 1.59 today aswell.
  • #133,468
  • May 21, 2009 3:23am May 21, 2009 3:23am
I'll admit i was wrong thinking short was the way to go earlier in the week but i spent yesterday eating forex humble pie and a couple of big slices at that

after re looking at all my analysis on a number of pairs, correlations, stocks, gold etc I too think this pair , may not correct till next week and even then it may not be much

Simon
99% of Traders fail, so don't follow the herd
  • #133,469
  • May 21, 2009 3:24am May 21, 2009 3:24am
Dont ever trade against trend.
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  • #133,470
  • May 21, 2009 3:24am May 21, 2009 3:24am
Quoting jibleanu
acording to the 1 h chart /30/15/10/and 5 will go up to 1.59 today aswell.
I bet your chart didnt see that drop coming
Thank You
  • #133,471
  • May 21, 2009 3:25am May 21, 2009 3:25am
Quoting GlobalMacro
OK. Trend intensity ticking up again. Getting ready to set longs around here.
Long @ 1.5700.
Hear the music before the song is over ...
  • #133,472
  • May 21, 2009 3:25am May 21, 2009 3:25am
WTF!!! Everyone still alive???
  • #133,473
  • May 21, 2009 3:26am May 21, 2009 3:26am
what the hell just happened?! sales figures released early????
  • #133,474
  • May 21, 2009 3:27am May 21, 2009 3:27am
Quoting GlobalMacro
Long @ 1.5700.
Geeeez. S&R 1.5600
Hear the music before the song is over ...
  • #133,475
  • May 21, 2009 3:27am May 21, 2009 3:27am
I hate to say that i told you so but I TOLD YOU SO.
You've got to be IN IT to WIN IT!
  • #133,476
  • May 21, 2009 3:27am May 21, 2009 3:27am
I bet

Any long or short positions on GBP/USD you opened today is not really trading. It's gambling today.
When I buy it, it moves down. When I sell it, it moves up.
  • #133,477
  • May 21, 2009 3:28am May 21, 2009 3:28am
Thank You Lord, closing shorts with good profit.
  • #133,478
  • May 21, 2009 3:28am May 21, 2009 3:28am
Quoting free4440273
WTF!!! Everyone still alive???
WTF is right - banks are cheating...
  • #133,479
  • May 21, 2009 3:29am May 21, 2009 3:29am
yes you are right .but it will lift again 1 time again.
Quoting wormboy
I bet your chart didnt see that drop coming
  • #133,480
  • May 21, 2009 3:30am May 21, 2009 3:30am
Quoting sreeprakash
GbpUsd need a correction before resuming up trend.
I expect it go to 1.5645/1.5550. Expecting only...

If it break 1.5812, may be the correction cancel and go up.
Cant say anything actually...
First target hit, dont know it go to 1.5550.
ABCD..
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