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Cable Update (GBPUSD)

  • #157,081
  • Aug 12, 2009 3:25am Aug 12, 2009 3:25am
Just added another [email protected]...
Wormie......still riding this from 6900...

My Best year ever...now stop moved down to 1.6700..
Once we clear 350 and close below it ..I guess we will have confimation for our long term shorts...
Trust me.....Best year ever.........

Good Luck Azim........

Have I actually caught the top...Will have to photograph this momment..for my kids........
Let Price determine your future!
  • #157,082
  • Aug 12, 2009 3:25am Aug 12, 2009 3:25am
Quoting bbmac
Cable has found support at today's current intraday lows -the 61.8% fib of the 5980-7044 rise/daily t/f ascending support trend line - area of Daily S2 pivot and Weekly S2 vicinity.

Below here and there exists a previous 4hr price pivot (previous swing lo=previous support=potential support zone) @ 6361-6337 and 6303-6261. Between 6279 and 6212 is a 5 fib cluster, nameley 6279-61.8% 5797-7044, 6270-76.4% 6031-7044, 6248-23.6% 3642-7044, 6233-76.4% 5980-7044, 6212-23.6% 3505-7044 (current yrly lo-hi.)

The next price pivot on the daily t/f is...
great stuff bbmac, good to see you back on the factory,

daily trendline near 16370,

dovish inflation report should send cable down further.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable 4hr.gif Size: 20 KB
Click to Enlarge Name: cable daily.gif Size: 17 KB
Trading is 80% Emotional, 20% Technical
  • #157,083
  • Aug 12, 2009 3:27am Aug 12, 2009 3:27am
Quoting ams
These big boys are very transparent beileve me or not :-)

Whichever direction they want to move, they will start moving the market few minutes before the news in the opposite direction. Checkout for yourself look at 30 min charts from 165 to 170 and 170 to 65 ....
GBP is going down before the news ha ha means its gonna go up after lol
  • #157,084
  • Aug 12, 2009 3:27am Aug 12, 2009 3:27am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I personally think, selling done...it's only going up 1652-3xx for a retrace. Might get stuck then move up or down based on BOE news/ fed etc...
  • #157,085
  • Aug 12, 2009 3:30am Aug 12, 2009 3:30am
I really would like to know...
Those guys that were calling 1.7500 at 1.7000....
Let Price determine your future!
  • #157,086
  • Aug 12, 2009 3:32am Aug 12, 2009 3:32am
Quoting Geppyg
I really would like to know...
Those guys that were calling 1.7500 at 1.7000....
HIDDEN
  • #157,087
  • Aug 12, 2009 3:35am Aug 12, 2009 3:35am
How far do you think it will gho.?
I am back. Actually, I never left...
  • #157,088
  • Aug 12, 2009 3:36am Aug 12, 2009 3:36am
Hi Guys,

Wormie I buy you that BEER if my stop @ 1.6380 is hit otherwise my longs is still alive. Last line of defence is 1.6400 level for me buddy
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,089
  • Aug 12, 2009 3:36am Aug 12, 2009 3:36am
Quoting ams
I personally think, selling done...it's only going up 1652-3xx for a retrace. Might get stuck then move up or down based on BOE news/ fed etc...
you have been saying selling done for quite a long time my friend..
I have been reading your bullish posts for quite some time....

Faryad they only long man with shining bearing imho...

There is no bullishness at all....If you still cant see it then i am shocked...
All are just retracements to go down....

If we do have a bullish day does not mean that now we will see 1.7500 lol

Good Luck..
Dont marry the thoughts you have marry the trend........
Let Price determine your future!
  • #157,090
  • Aug 12, 2009 3:38am Aug 12, 2009 3:38am
Anybody know anything about these 2 news coming out soon? BOE Gov King Speaks and BOE Inflation Report. Doesnt show any Forecast or previous numbers. We had one news that came out few days ago that also didn't have any forecast neighte previous numbers and whithin a second it dropped gbp/usd 100+ down. It was crazy
  • #157,091
  • Aug 12, 2009 3:38am Aug 12, 2009 3:38am
Quoting Geppyg
I really would like to know...
Those guys that were calling 1.7500 at 1.7000....
Quoting Faryad
HIDDEN

No need to hide guys that's what the game is all about.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,092
  • Aug 12, 2009 3:39am Aug 12, 2009 3:39am
Quoting Bull_Bear
No need to hide guys that's what the game is all about.
BB JUST KIDDING MAN
  • #157,093
  • Aug 12, 2009 3:39am Aug 12, 2009 3:39am
Quoting Bull_Bear
Hi Guys,

Wormie I buy you that BEER if my stop @ 1.6380 is hit otherwise my longs is still alive. Last line of defence is 1.6400 level for me buddy
Hi Bull bear,
I saw you ride her down....mate..Was right behind you lol

Buying her to short her again.....matey....Makes sense...

Good Luck matey...

all My shorts stop have now been moved to 1.6700 will reconsider moving stop even further if we close above 1.6600 till then..sticking with my shorts...
Let Price determine your future!
  • #157,094
  • Aug 12, 2009 3:40am Aug 12, 2009 3:40am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
What have you achieved with this post...??
Apart from showing off

We have come from 13xx to 17xx because we are bearish... Do you need glasses?

trade your 100 pips and sit tight...

I don't trade like you and do not intend to....

Who knows, may be you are frustated lonely old bugger taking frustration out on me , lol





Quoting Geppyg
you have been saying selling done for quite a long time my friend..
I have been reading your bullish posts for quite some time....

Faryad they only long man with shining bearing imho...

There is no bullishness at all....If you still cant see it then i am shocked...
All are just retracements to go down....

If we do have a bullish day does not mean that now we will see 1.7500 lol

Good Luck..
Dont marry the thoughts you have marry the trend........
  • #157,095
  • Aug 12, 2009 3:40am Aug 12, 2009 3:40am
Quoting Geppyg
you have been saying selling done for quite a long time my friend..
I have been reading your bullish posts for quite some time....

Faryad they only long man with shining bearing imho...

There is no bullishness at all....If you still cant see it then i am shocked...
All are just retracements to go down....

If we do have a bullish day does not mean that now we will see 1.7500 lol

Good Luck..
Dont marry the thoughts you have marry the trend........
Don't marry anything.
  • #157,096
  • Aug 12, 2009 3:40am Aug 12, 2009 3:40am
Quoting Bull_Bear
No need to hide guys that's what the game is all about.
Brov...Come on that comment aint for you and you know it...my friend...

You ride her both ways...lol wish I had to balls to do that...

Good Luck ....
Let Price determine your future!
  • #157,097
  • Aug 12, 2009 3:41am Aug 12, 2009 3:41am
Quoting ams
What have you achieved with this post...??
Apart from showing off

We have come from 13xx to 17xx because we are bearish...

trade your 100 pips and sit tight...

I don't trade like you do not intend to....

Who knows you are frustated lonely lod bugger taking frustration out on me , lol
Good Luck mate,
I did not mean to offend you was praising you for not ....disappearing...
lol
Apologies...
Let Price determine your future!
  • #157,098
  • Aug 12, 2009 3:42am Aug 12, 2009 3:42am
Quoting Geppyg
Brov...Come on that comment aint for you and you know it...my friend...

You ride her both ways...lol wish I had to balls to do that...

Good Luck ....
All Good Geppy... I have a BEER still riding on this one
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,099
  • Aug 12, 2009 3:44am Aug 12, 2009 3:44am
Does anyone knows what is happening right now. Thats all what gbp can show? 20 pips?
I am back. Actually, I never left...
  • #157,100
  • Aug 12, 2009 3:47am Aug 12, 2009 3:47am
In order to get the results for the BOE news coming out soon, do i have to watch the speech or is there somewhere i can get the results directly?
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