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Cable Update (GBPUSD)

  • #146,241
  • Jul 14, 2009 10:56pm Jul 14, 2009 10:56pm
i'm very new in this trading. but like i said this pair is quite difficult to undertsnad now. i think before is easier. any comment?
  • #146,242
  • Jul 14, 2009 10:58pm Jul 14, 2009 10:58pm
Be ready for the flight up
My edge ===> Patience
  • #146,243
  • Jul 14, 2009 11:00pm Jul 14, 2009 11:00pm
Quoting MoForce
Now we are presented with a chance for a bounce towards 1.6450 before crashing
Actually when I gave guns to angelina in this post

http://www.forexfactory.com/showpost...stcount=146240

GU got terrified and tried to flee from her

Look at the timing !!!
  • #146,244
  • Jul 14, 2009 11:07pm Jul 14, 2009 11:07pm
Quoting forexlion
Actually when I gave guns to angelina in this post

http://www.forexfactory.com/showpost...stcount=146240

GU got terrified and tried to flee from her

Look at the timing !!!
rofl

take the guns away so we can put more longs on the pullback =P
  • #146,245
  • Jul 14, 2009 11:09pm Jul 14, 2009 11:09pm
I like sell at 6380
Attached Image
  • #146,246
  • Jul 14, 2009 11:10pm Jul 14, 2009 11:10pm
Quoting MoForce
rofl

take the guns away so we can put more longs on the pullback =P
how ???

she got my gun too
  • #146,247
  • Jul 14, 2009 11:12pm Jul 14, 2009 11:12pm
Thank You
  • #146,248
  • Jul 14, 2009 11:16pm Jul 14, 2009 11:16pm
1h nicely hit 25 MA support level and showed bit run upside, I think if stock moves up today we could see long on Cable, let see.

Angelina.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1hday.jpg Size: 299 KB
  • #146,249
  • Jul 14, 2009 11:28pm Jul 14, 2009 11:28pm
Quoting MoForce
rofl

take the guns away so we can put more longs on the pullback =P
ok now we should pull back into 6359 area first
  • #146,250
  • Jul 14, 2009 11:29pm Jul 14, 2009 11:29pm
I wonder how significant this TL is...
Attached Image
  • #146,251
  • Jul 14, 2009 11:30pm Jul 14, 2009 11:30pm
Quoting Angelina
1h nicely hit 25 MA support level and showed bit run upside, I think if stock moves up today we could see long on Cable, let see.

Angelina.
give back my guns .......... u r scaring GU
  • #146,252
  • Jul 14, 2009 11:33pm Jul 14, 2009 11:33pm
Quoting forexlion
give back my guns .......... u r scaring GU

lolz no, I still hold my long from 6250. and move sl @ 6300 already.
my long here:

http://www.forexfactory.com/showthre...=1#post2873598

Angelina.
  • #146,253
  • Jul 14, 2009 11:34pm Jul 14, 2009 11:34pm
Quoting forexlion
ok now we should pull back into 6359 area first
nice moves today, maybe i should reconsider wasting time on 1 min scalping

my fibs are too darn accurate, exact level to level moves
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 13 KB
  • #146,254
  • Jul 14, 2009 11:41pm Jul 14, 2009 11:41pm
Quoting forexlion
nice moves today, maybe i should reconsider wasting time on 1 min scalping

my fibs are too darn accurate, exact level to level moves
and here comes round 2 ... possibly lol
  • #146,255
  • Jul 14, 2009 11:48pm Jul 14, 2009 11:48pm
Looking like a sell to me at 430 - 450 and back down to 6070. Aggressive SL 485, Conservative SL 550. Still a good ratio. Happy trading.
  • #146,256
  • Jul 14, 2009 11:53pm Jul 14, 2009 11:53pm
Quoting dobbie11
Looking like a sell to me at 430 - 450 and back down to 6070. Aggressive SL 485, Conservative SL 550. Still a good ratio. Happy trading.

feel that they can back dawn
  • #146,257
  • Jul 15, 2009 12:02am Jul 15, 2009 12:02am
Swing traders may disagree, but I think it is forming a bearish wedge and if u look at the last several months after the correction up which is the first wave A, we are in the corrective wave of A. The at 1.58xx is (a) the last high1.67xx is (b), we are in (c) and is consolidating in wave 2. just my 2 cents I could be wrong. But we shall see or it could be on its way down now and may never see 450. But price action is looking very sloppy and not that strong at all and for what reason do u think the pound should be stronger then the Dollar, that the big boys should back it ?????? Have they really made up there mind yet ????

Quoting matjaz1982
feel that they can back dawn
  • #146,258
  • Jul 15, 2009 12:04am Jul 15, 2009 12:04am
Quoting MoForce
and here comes round 2 ... possibly lol
round 2 is not possible today, maybe tokyo or europe tomorrow
  • #146,259
  • Jul 15, 2009 12:08am Jul 15, 2009 12:08am
Quoting dobbie11
Swing traders may disagree, but I think it is forming a bearish wedge and if u look at the last several months after the correction up which is the first wave A, we are in the corrective wave of A. The at 1.58xx is (a) the last high1.67xx is (b), we are in (c) and is consolidating in wave 2. just my 2 cents I could be wrong. But we shall see or it could be on its way down now and may never see 450. But price action is looking very sloppy and not that strong at all and for what reason do u think the pound should be stronger then the Dollar, that...
if dow breaks 8120.47 ........ GU will dive hard, else ......... who knows Angelina might appear on the horizon with nukes in hand .............
  • #146,260
  • Jul 15, 2009 12:08am Jul 15, 2009 12:08am
Plus the pound is know for just breaking fib levels, highs or lows and channels and reversing on a dime, weather it is long or short.

Quoting dobbie11
Swing traders may disagree, but I think it is forming a bearish wedge and if u look at the last several months after the correction up which is the first wave A, we are in the corrective wave of A. The at 1.58xx is (a) the last high1.67xx is (b), we are in (c) and is consolidating in wave 2. just my 2 cents I could be wrong. But we shall see or it could be on its way down now and may never see 450. But price action is looking very sloppy and not that strong at all and for what reason do u think the pound should be stronger then the Dollar, that...
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