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Cable Update (GBPUSD)

  • #148,641
  • Jul 21, 2009 8:26am Jul 21, 2009 8:26am
Quoting pino2
Yes it went down to 1.6383 but there were some smart and intelligent traders that bought @ this level and made a bounce, they are really smart, they couldn't wait for prices to go down to buy at lower prices, but they ran and bought @ this level, and these smart traders will sell very soon as well to make rejection and kill the market, I'm talking about the big boys
Yep but are the big boys listening to you
  • #148,642
  • Jul 21, 2009 8:28am Jul 21, 2009 8:28am
Quoting pino2
Yes it went down to 1.6383 but there were some smart and intelligent traders that bought @ this level and made a bounce, they are really smart, they couldn't wait for prices to go down to buy at lower prices, but they ran and bought @ this level, and these smart traders will sell very soon as well to make rejection and kill the market, I'm talking about the big boys
This is Forex man .. it always oscillates
Watch out for big boy traders like "grashid", if he buys u buy, he sells, u sell ... j/k
  • #148,643
  • Jul 21, 2009 8:32am Jul 21, 2009 8:32am
now back down? i am short at trendline, eu @r1

good luck
Attached Image (click to enlarge)
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  • #148,644
  • Jul 21, 2009 8:33am Jul 21, 2009 8:33am
Quoting mktjong
This is Forex man .. it always oscillates
Watch out for big boy traders like "grashid", if he buys u buy, he sells, u sell ... j/k
...mike mike....u r joking ya...maybe PB will turn on his button in a few min who know ....aiseh..i need to turn on my button too lol
  • #148,645
  • Jul 21, 2009 8:36am Jul 21, 2009 8:36am
I'm outta guys, this flu is getting on me, gotta get some rest...

Good Luck All
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #148,646
  • Jul 21, 2009 8:43am Jul 21, 2009 8:43am
Quoting grashid
...mike mike....u r joking ya...maybe PB will turn on his button in a few min who know ....aiseh..i need to turn on my button too lol
No, I see your analysis is top notch. You know what you are doing
  • #148,647
  • Jul 21, 2009 8:47am Jul 21, 2009 8:47am
Quoting mktjong
No, I see your analysis is top notch. You know what you are doing
  • #148,648
  • Jul 21, 2009 8:50am Jul 21, 2009 8:50am
What is happening? Headache

Better eat some durian while waiting for the dust to settle down.
Great Bodies are Engineered not Born
  • #148,649
  • Jul 21, 2009 8:52am Jul 21, 2009 8:52am
Quoting RichLadyFX
What is happening? Headache

Better eat some durian while waiting for the dust to settle down.
ah hah durian .. I miss it. Please send one to me too
  • #148,650
  • Jul 21, 2009 8:55am Jul 21, 2009 8:55am
Quoting RichLadyFX
What is happening? Headache

Better eat some durian while waiting for the dust to settle down.
But I like Strawberry you..
  • #148,651
  • Jul 21, 2009 8:59am Jul 21, 2009 8:59am
Guys,
Think we might retest 6383 again b4 upmove?
Can't seem to know what cable is up to.
Waiting for Chairman Bernanke lol
In all your ways acknowledge Him and He will direct your path.
  • #148,652
  • Jul 21, 2009 9:01am Jul 21, 2009 9:01am
Is it possible that the big boys already knows what Bernanke going to say?
Great Bodies are Engineered not Born
  • #148,653
  • Jul 21, 2009 9:02am Jul 21, 2009 9:02am
Quoting RichLadyFX
Is it possible that the big boys already knows what Bernanke going to say?
..he told us when H1 syampoo formation happen and he will promise to give a permission to tanking lol
  • #148,654
  • Jul 21, 2009 9:04am Jul 21, 2009 9:04am
Quoting RichLadyFX
What is happening? Headache

Better eat some durian while waiting for the dust to settle down.
This could be what is happening:


Quoting direct-trade
Testing the neckline. Normal PA. Expect spike through, but Support turned resistance to hold with resumption of downwards move.
Spike to presude longs to enter, will drag back down and hit Stops. 4hr Trendline to fail later, tiggering more Stops thus accelerating downside momentum. 1st chart was posted earlier.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusd 20-07-09 333.gif Size: 20 KB
  • #148,655
  • Jul 21, 2009 9:05am Jul 21, 2009 9:05am
Quoting RichLadyFX
Is it possible that the big boys already knows what Bernanke going to say?
i think they do
Attached Image
  • #148,656
  • Jul 21, 2009 9:05am Jul 21, 2009 9:05am
Quoting RichLadyFX
Is it possible that the big boys already knows what Bernanke going to say?
Very Possible Richlady. Only the unitiated like you and I are still waiting for the news?
In all your ways acknowledge Him and He will direct your path.
  • #148,657
  • Jul 21, 2009 9:05am Jul 21, 2009 9:05am
Quoting ganymedes
Moved SL to BE, as we reached initial target 1.6460.
(Just price targets, not set as Take Profit. Price points where I re-evaluate price action and potentially close. Could be used as pre-set TP as well, obviously.)

Will let this one run, while I attend other activities...
Closed (+44).
  • #148,658
  • Jul 21, 2009 9:05am Jul 21, 2009 9:05am
Quoting mktjong
ah hah durian .. I miss it. Please send one to me too
PM me your address. How much do you want?
Great Bodies are Engineered not Born
  • #148,659
  • Jul 21, 2009 9:08am Jul 21, 2009 9:08am
wait for short position,

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

patterns
  • #148,660
  • Jul 21, 2009 9:08am Jul 21, 2009 9:08am
Quoting forexlion
i think they do
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