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Cable Update (GBPUSD)

  • #138,481
  • Jun 19, 2009 6:55am Jun 19, 2009 6:55am
Bear (Beer !!) party starts now.. Look at the bearish punch on the H1 chart. Bulls can't take this blow anymore
  • #138,482
  • Jun 19, 2009 6:55am Jun 19, 2009 6:55am
Quoting MoeFx
that bear is strong, he's clawing his way back
All i see is a strong rezistance.. .a very strong one, but we keep testing it... so even if we drop, i don`t think we will dive very low... we will eventually come back to test it again, and again, untill we push through.
  • #138,483
  • Jun 19, 2009 6:59am Jun 19, 2009 6:59am
you never hear i took a loss, you always hear i got out at b/e.
  • #138,484
  • Jun 19, 2009 7:00am Jun 19, 2009 7:00am
Quoting vishalshan
Bulls can't take this blow anymore
  • #138,485
  • Jun 19, 2009 7:02am Jun 19, 2009 7:02am
Quoting malcolmb14
this could be some form of accumulation

that is twice now it has been marked down to 6320 . I am long still . 6450 / 6500 test as target.

Maybe once we get quadruple witching out of the way tomorrow markets will become more unidirectional .

i am a day trader though , taking 20 - 100 pips a time if the market gifts me that.

Attachment
what an awesome gift that volume gave us ..... targets hit within range. out till next week

have a great weekend eveyrone
Blogging daily now at www.volume.zone
  • #138,486
  • Jun 19, 2009 7:02am Jun 19, 2009 7:02am
we are in 2rd week of Month.. we are need taking profit... like stock and options.. we need more
  • #138,487
  • Jun 19, 2009 7:05am Jun 19, 2009 7:05am
Sorry, couldn't resist.. Yogi bear must be out...

Inserted Video
  • #138,488
  • Jun 19, 2009 7:06am Jun 19, 2009 7:06am
this could get ugly guys but if theres no movement by london close 12pm n.y. time then i don't expect anything to happen. but you never know, my day always ends at that time on friday's
  • #138,489
  • Jun 19, 2009 7:10am Jun 19, 2009 7:10am
oh boy, the bear is going for the kill, that bull should be running not trying to fight back.
  • #138,490
  • Jun 19, 2009 7:14am Jun 19, 2009 7:14am
can u see a short now?... huhuhu the bull are hurting now.. and he said " i lose again.."
  • #138,491
  • Jun 19, 2009 7:18am Jun 19, 2009 7:18am
I am back long from 1.6391 now.. could be a scalp..maybe more. S/L to B/E..
  • #138,492
  • Jun 19, 2009 7:19am Jun 19, 2009 7:19am
Quoting sidelli
can u see a short now?... huhuhu the bull are hurting now.. and he said " i lose again.."
let not get carry away now, what happens when that bull try fight back.
  • #138,493
  • Jun 19, 2009 7:19am Jun 19, 2009 7:19am
Quoting sidelli
can u see a short now?... huhuhu the bull are hurting now.. and he said " i lose again.."
I added long @6420 and 6387(took profit for the last one already)... and still waiting to see if i need to hedge it(in case it drops more) or not....
  • #138,494
  • Jun 19, 2009 7:20am Jun 19, 2009 7:20am
Cable is in selling zone so go ahead guyz
  • #138,495
  • Jun 19, 2009 7:22am Jun 19, 2009 7:22am
Last Friday's post : http://www.forexfactory.com/showpost...stcount=136987

If I was only as good as making money as I am predicting ...
This week cable went nowhere except how my mate forexlion put it - updown updown updown & back to square one. Ranging market is my kryptonite. Much respect & kudos to those who scalped the crap outta her this week

Now, where's Tony, we're buying each other a pint.
Good luck fellas.
Attached Image (click to enlarge)
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Thank You
  • #138,496
  • Jun 19, 2009 7:24am Jun 19, 2009 7:24am
cable is playing a game of bull & bear, i prefer the bear to win, but it's dangerous in there. who every comes out the winner will make a good head trophy for my wall
  • #138,497
  • Jun 19, 2009 7:24am Jun 19, 2009 7:24am
Quoting wormboy
Last Friday's post : http://www.forexfactory.com/showpost...stcount=136987

If I was only as good as making money as I am predicting ...
This week cable went nowhere except how my mate forexlion put it - updown updown updown & back to square one. Ranging market is my kryptonite. Much respect & kudos to those who scalped the crap outta her this week

Now, where's Tony, we're buying each other a pint.
Good luck fellas.
Now try to predict what happens next week.... ^.^
  • #138,498
  • Jun 19, 2009 7:26am Jun 19, 2009 7:26am
Quoting 4cfx
Good for you mate. I'll be doing the same, taking it easy. Here's my chart for what it's worth.

Attachment
I guess that was our wave e top so south we go now.

If this thing doesn't break the lower tl 6210, then my count will be invalidated. Otherwise, we are in a major down correction.

PS: for scalpers, this may not happen in the next 5 minutes.
  • #138,499
  • Jun 19, 2009 7:28am Jun 19, 2009 7:28am
mabe i should go long, there are to many going short now.
  • #138,500
  • Jun 19, 2009 7:29am Jun 19, 2009 7:29am
quit for 50 pips short...

happy green pips all!

let's see the market next week!

time to make love with my GF

lol



Quoting Ipips
Sorry, couldn't resist.. Yogi bear must be out...

http://www.youtube.com/watch?v=dKrvsEiL9-g
make me horny !
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