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Cable Update (GBPUSD)

  • #134,681
  • May 29, 2009 1:22am May 29, 2009 1:22am
Meaining that we can expect shorts now??

Quoting Inzider
Holding into profit?...
Hehe!

------------

Why do any move are corrected at entry, because its the only place to get rid of alot of orders.... They are running after your money friends....
Like vampires.... and when they extend a move, its to get the SL over last high or last low...


How much your SL is... 20/30/40/50/70 pips, they are going to get it whit a nice spike before the next big move, cleaning the table, to be sure no one will drop a rock in their way, and to be sure they are going to make the money....

  • #134,682
  • May 29, 2009 1:24am May 29, 2009 1:24am
Now long
  • #134,683
  • May 29, 2009 1:25am May 29, 2009 1:25am
Quoting kingindian
yeah freaky friday..i remember the day when i got trapped in CHF..it move up more than 200 pips without a down...(later known SNB caused it)
Sorry, not run into that term before. What is SNB? Besides that, yeah last Fridays of the month can be some really crazy stuff. Or very boring. Or very awesome. Kind of like trading in general. LOL.
  • #134,684
  • May 29, 2009 1:26am May 29, 2009 1:26am
swiss national bank
TRADE FOR SWAP
  • #134,685
  • May 29, 2009 1:26am May 29, 2009 1:26am
Quoting kingindian
any short target?
No, I have frightening history in friday. My target dead with blood in account History at Monday
  • #134,686
  • May 29, 2009 1:27am May 29, 2009 1:27am
Quoting myteax
Now long
Personally I am holding out now untill something clear happens. We are butting up against a daily pivot area right now, plus it bumped right at the last trend line (which I rarely use but today was clearly moving in line with a trendline). So I am sitting out for a short while untill I get something clear. Frankly I think it will move upwards and follow the trendline but we will see.
  • #134,687
  • May 29, 2009 1:30am May 29, 2009 1:30am
IF

26 minute ago
Quoting myteax
Dont believe all i say... I see its time to SHORT guys
Then

Quoting myteax
Now long
Else?
  • #134,688
  • May 29, 2009 1:31am May 29, 2009 1:31am
Quoting biax
IF

26 minute ago


Then



Else?
else stay away from the trade today..
  • #134,689
  • May 29, 2009 1:36am May 29, 2009 1:36am
logically its out of fuel...but who know..
reaching 606x even 607x.....again and again...
if you take a look at euro its moving up n down from 14xx to 139x
since 2 hour ago...just in that area...

will hard to get to 1600....just wait till US open
- Always pray on your trading - God know the best for everyone
  • #134,690
  • May 29, 2009 1:57am May 29, 2009 1:57am
Price is really trying to get past the 1.6070 resistence now so it could pop up. I have my doubts but we will see.
  • #134,691
  • May 29, 2009 2:00am May 29, 2009 2:00am
wow 608x
is it the last hit...?or the beginning of trouble
- Always pray on your trading - God know the best for everyone
  • #134,692
  • May 29, 2009 2:00am May 29, 2009 2:00am
OK guys. I am shorting at 1.6080. See if it is sensible or stupid.
You've got to be IN IT to WIN IT!
  • #134,693
  • May 29, 2009 2:01am May 29, 2009 2:01am
Quoting Forexpreneur
Price is really trying to get past the 1.6070 resistence now so it could pop up. I have my doubts but we will see.
is this it?? is this the highest for GU? or this is the beginning?
  • #134,694
  • May 29, 2009 2:01am May 29, 2009 2:01am
Quoting kingindian
wow 608x
is it the last hit...?or the beginning of trouble
LOL we have a same point of view..
  • #134,695
  • May 29, 2009 2:02am May 29, 2009 2:02am
Please . Please . Please

where is GU reversal point?

no body help me?
GOD SENT.
  • #134,696
  • May 29, 2009 2:05am May 29, 2009 2:05am
Quoting mloistianto
LOL we have a same point of view..
Jason seems cant die easily...or we can said its immortal...how horrible
- Always pray on your trading - God know the best for everyone
  • #134,697
  • May 29, 2009 2:05am May 29, 2009 2:05am
Quoting Ifty
OK guys. I am shorting at 1.6080. See if it is sensible or stupid.

You could be right, I would like to see the DMI go negative on 1min or 5mins before confirming a short, on the longer time frames still points north........ Ah patiance, if you can control the 'urge' then you can succeed....

Not saying your wrong, just too early to call for me.....
  • #134,698
  • May 29, 2009 2:05am May 29, 2009 2:05am
Quoting avfx
Please . Please . Please

where is GU reversal point?

no body help me?
now is the GU resistance, either it will reverse or it will continue up..
  • #134,699
  • May 29, 2009 2:05am May 29, 2009 2:05am
Quoting GlobalMacro
Current move's got scope all the way thru 1.6085 .
Outstanding...the scope thru 1.6085 utilized to the full extent yielding a handsome +200 pips.
Attached Image
Hear the music before the song is over ...
  • #134,700
  • May 29, 2009 2:06am May 29, 2009 2:06am
Quoting mloistianto
now is the GU resistance, either it will reverse or it will continue up..

Love that quote, either its day or night lol. See the funny side no insult intended.....

PS It could be dusk or dawn then what?
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