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Cable Update (GBPUSD)

  • #148,481
  • Jul 21, 2009 4:34am Jul 21, 2009 4:34am
Quoting forexlion
bee carethefool wit 6383

brok hat n party, no brok cry

like i said i dont see a use of you in a trading forum if you not here to help people in how you come to your decisions.....this is how u gain respect and people learning from how you come to your decision...a good trader you maybe but you dont like being wrong and this is part of the game!
  • #148,482
  • Jul 21, 2009 4:34am Jul 21, 2009 4:34am
Quoting Macedonia
I hear yah bro..

I know this "happy" button that works wonders
Thank You
  • #148,483
  • Jul 21, 2009 4:35am Jul 21, 2009 4:35am
I am looking at this area for confirmation of further South move or bounce and range for a while.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd 20-07-09 3.gif Size: 19 KB
Click to Enlarge Name: gbpusd 20-07-09 4.gif Size: 21 KB
  • #148,484
  • Jul 21, 2009 4:35am Jul 21, 2009 4:35am
Quoting wormboy
yes thanks, said earlier 6375 level is where I have support.
6375 is also a middle of 4H channel..good TP
  • #148,485
  • Jul 21, 2009 4:35am Jul 21, 2009 4:35am
volume crap low but lets see...

stuff for thoughts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.gif Size: 11 KB
Click to Enlarge Name: gu1.gif Size: 11 KB
  • #148,486
  • Jul 21, 2009 4:37am Jul 21, 2009 4:37am
Long Term Sell GBP/USD @ 1.6515, Target 1.6364 NO STOP LOSS.
Long Term Sell GBP/JPY @ 156.36, Target 154.37 NO STOP LOSS.

Closed GBP/JPY +199 pips
Closed GBP/USD CLOSE POSITION @ 1.6405 + 120 pips
  • #148,487
  • Jul 21, 2009 4:38am Jul 21, 2009 4:38am
Quoting albchr
OK, that's it. I'm outta here......bringing the vibe DOWN...

Too tired for it today. I'll check back from time to time for WB's & BB's comments.

Trade well everyone.
sorry, yeah i`ve come on here and started something....but some things needed to be said...and there said....sorry your going..this was not my intention and if i`ve offended others i`m sorry too.....trading forum it is so lets trade...
  • #148,488
  • Jul 21, 2009 4:40am Jul 21, 2009 4:40am
Quoting Allanuk
like i said i dont see a use of you in a trading forum if you not here to help people in how you come to your decisions.....this is how u gain respect and people learning from how you come to your decision...a good trader you maybe but you dont like being wrong and this is part of the game!
Quoting wormboy

I know this "happy" button that works wonders
i have a suspend button too which i vowed never to use



but hey wormie i think 1.6375 should give a friggin hard bounce back to 1.6460

.
  • #148,489
  • Jul 21, 2009 4:40am Jul 21, 2009 4:40am
Quoting Allanuk
sorry, yeah i`ve come on here and started something....but some things needed to be said...and there said....sorry your going..this was not my intention and if i`ve offended others i`m sorry too.....trading forum it is so lets trade...
Dito
  • #148,490
  • Jul 21, 2009 4:47am Jul 21, 2009 4:47am
BOE Bean says "likely to raise rate as first part of an exit strategy".

I'm still long, bears beware.

edit:
update:
"trying to keep low rates for as short as possible"
  • #148,491
  • Jul 21, 2009 4:50am Jul 21, 2009 4:50am
Quoting forexlion
but hey wormie i think 1.6375 should give a friggin hard bounce back to 1.6460

.
Quite right bro I see it too. Bounced off 6395 to be exact. If the next H1 close bullish then we're likely bounce up again. Althought atm the H4 is showing a lot of selling pressure.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.JPG Size: 72 KB
Thank You
  • #148,492
  • Jul 21, 2009 4:52am Jul 21, 2009 4:52am
Quoting wormboy
Quite right bro I see it too. Bounced off 6395 to be exact. If the next H1 close bullish then we're likely bounce up again. Althought atm the H4 is showing a lot of selling pressure.
according to what i see the cad rate statement will bring GU at 6383 in a hurry and ol bernanke will take it back up
  • #148,493
  • Jul 21, 2009 4:56am Jul 21, 2009 4:56am
Cable may form a hammer in H1, than i ll long
  • #148,494
  • Jul 21, 2009 4:57am Jul 21, 2009 4:57am
Quoting forexlion
according to what i see the cad rate statement will bring GU at 6383 in a hurry and ol bernanke will take it back up
Okay. I don't pay much attention to news really but I can see where you're coming from based on the chart. Nice one bro
Thank You
  • #148,495
  • Jul 21, 2009 4:57am Jul 21, 2009 4:57am
Quoting KillPhil08
BOE Bean says "likely to raise rate as first part of an exit strategy".

I'm still long, bears beware.

edit:
update:
"trying to keep low rates for as short as possible"
IT's going to go ballistic if it breaks this 5m DT.

16480 50%fib ftw. cant......stopp......postttting....
  • #148,496
  • Jul 21, 2009 5:00am Jul 21, 2009 5:00am
Quoting KillPhil08
IT's going to go ballistic if it breaks this 5m DT.

16480 50%fib ftw. cant......stopp......postttting....
lol. As long as your posting does not sway you away from your trade intentions I don't think it's a problem buddy
Thank You
  • #148,497
  • Jul 21, 2009 5:00am Jul 21, 2009 5:00am
Looking to add to shorts on the rise to 1.6445 for the more aggressive..... For the more conservative 1.6475......
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #148,498
  • Jul 21, 2009 5:02am Jul 21, 2009 5:02am
Quoting Heilpraktike
Cable may form a hammer in H1, than i ll long
Think it's a lot safer for you to wait till the next h1 close bullish & above 6440 before going long again buddy.
Just a thought
Thank You
  • #148,499
  • Jul 21, 2009 5:10am Jul 21, 2009 5:10am
Quoting wormboy
Think it's a lot safer for you to wait till the next h1 close bullish & above 6440 before going long again buddy.
Just a thought
I agree. This 1 hour reversal pattern has not completed yet, but even if it does, we could stall and reverse anywhere between here and Blue TL. I don't like the look of this pattern for my shorts:nerd:...BUT the Big Boys know many will go long on it's completion and hit them hard, so am holding Short.

Just being contrarian again.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 20-07-09 5.gif Size: 17 KB
  • #148,500
  • Jul 21, 2009 5:11am Jul 21, 2009 5:11am
Quoting wormboy
Think it's a lot safer for you to wait till the next h1 close bullish & above 6440 before going long again buddy.
Just a thought
Thank you, thats better
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