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Cable Update (GBPUSD)

  • #134,081
  • May 24, 2009 10:04pm May 24, 2009 10:04pm
anyone trying to go long for gu?
  • #134,082
  • May 24, 2009 10:16pm May 24, 2009 10:16pm
Quoting mloistianto
anyone trying to go long for gu?
Just added some more shorts...
  • #134,083
  • May 24, 2009 10:51pm May 24, 2009 10:51pm
Not trading now. gbpusd is not moving because of holiday I think.
23.6% fibo lying around 5826. May be a correction happening now and go up later. Closely watching.

From blog(dot)forexcycle(dot)com
GBPUSD stays in the rising price channel on 4-hour chart and the uptrend from 1.5059 continues. Further rally is still possible to 1.6200 level in a couple of days. However, a clear break blow the lower border of the price channel will indicate that the short term uptrend has completed and sideways consolidation could be seen to follow.
ABCD..
  • #134,084
  • May 24, 2009 11:14pm May 24, 2009 11:14pm
Yeah,me too... nothing special today...hope we will see 1.6 tomorrow...
  • #134,085
  • May 24, 2009 11:33pm May 24, 2009 11:33pm
well,my trade is still open since friday..sl in green,juz below 50%fib..if look back on 2008,07,06..the chart pattern is quite the same..if 5852 support level can hold,6200 tomorrow is possible..gd luck guys..
  • #134,086
  • Edited 12:25am May 25, 2009 12:12am | Edited 12:25am
Guys, Be careful: Ifo Business Climate coming up 8:00 A.M. GMT !!
Hear the music before the song is over ...
  • #134,087
  • May 25, 2009 12:14am May 25, 2009 12:14am
Thanks GM, anyone still open a trade?
  • #134,088
  • May 25, 2009 12:31am May 25, 2009 12:31am
Quoting mloistianto
Thanks GM, anyone still open a trade?
I short .. 5880..
Anybody short today..??http://www.forexfactory.com/images/icons/icon6.gif
  • #134,089
  • May 25, 2009 12:39am May 25, 2009 12:39am
i'm staying out today, as i don't see a clear direction yet
Twitter: @forexpokerpro
  • #134,090
  • May 25, 2009 1:00am May 25, 2009 1:00am
Quoting yauming
I short .. 5880..
Anybody short today..??http://www.forexfactory.com/images/icons/icon6.gif
n your reason is??try to go back on 26may2008..anything familiar?
  • #134,091
  • May 25, 2009 1:01am May 25, 2009 1:01am
yes,better dont do anything today.. uk and us holiday, then so are we.. have some nice activities and do our job LoL.
  • #134,092
  • Edited 1:13am May 25, 2009 1:03am | Edited 1:13am
Quoting stallionez
What timeframe do you trade it on??? It looks a good system froma brief eyeball
did u call the entry on 5870 juz now?if u did,im sure that ur in green already now..moving sL in green now..

>>>i really hope that u didn't missed the entry..
  • #134,093
  • May 25, 2009 1:04am May 25, 2009 1:04am
Quoting mloistianto
yes,better dont do anything today.. uk and us holiday, then so are we.. have some nice activities and do our job LoL.
but my place is not on holiday..so i cant..haha..lol..
  • #134,094
  • May 25, 2009 1:17am May 25, 2009 1:17am
Quoting mloistianto
yes,better dont do anything today.. uk and us holiday, then so are we.. have some nice activities and do our job LoL.
Ya.. anything can happen for both UK and US holiday..
Hit my sl.. very bad..
http://www.forexfactory.com/images/icons/icon6.gif
  • #134,095
  • May 25, 2009 1:23am May 25, 2009 1:23am
Right now the market is really confusing
  • #134,096
  • May 25, 2009 1:29am May 25, 2009 1:29am
Quoting Red.Hawk
Right now the market is really confusing

http://i200.photobucket.com/albums/a...bd3/sizr-1.gif
at last i`ve found a holygrail........
  • #134,097
  • Edited 1:30am May 25, 2009 1:30am | Edited 1:30am
Got a setup from a friend. Beware! Using is not advised... Just for educational purpose only...
Go Long after 1.5946
Go Short after 1.5807
ABCD..
  • #134,098
  • May 25, 2009 1:45am May 25, 2009 1:45am
it's true that now price is ranging on 161% weekly fib, but i think the trend especially for 4 hour and below will likely still uptrend until midweek maybe it will catch 1.6 or higher, then will move downtrend for the rest of the week. so it will form doji candle.
have a nice trade
Verily, in every difficulties there is relief
  • #134,099
  • May 25, 2009 2:22am May 25, 2009 2:22am
Quoting primzvicious
it's true that now price is ranging on 161% weekly fib, but i think the trend especially for 4 hour and below will likely still uptrend until midweek maybe it will catch 1.6 or higher, then will move downtrend for the rest of the week. so it will form doji candle.
have a nice trade
Cannot agree more..
  • #134,100
  • May 25, 2009 2:52am May 25, 2009 2:52am
Quoting Red.Hawk
Right now the market is really confusing
Not really.

http://www.forexfactory.com/showpost...postcount=1132
http://www.forexfactory.com/showpost...postcount=1139

Have a good one.
Thank You
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