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Cable Update (GBPUSD)

  • #166,441
  • Sep 17, 2009 2:29am Sep 17, 2009 2:29am
Good MAE Everyone....
Ghost Rider - WWTBMD?
  • #166,442
  • Sep 17, 2009 2:30am Sep 17, 2009 2:30am
Its going down hurry
  • #166,443
  • Sep 17, 2009 2:30am Sep 17, 2009 2:30am
I am going to be looking for shorts today on cable, however, I don't have a valid signal just yet.
Trade Like a Robot make money Like a Bank
  • #166,444
  • Sep 17, 2009 2:32am Sep 17, 2009 2:32am
Quoting malcolmb14

take one off now

can you not see no selling pressure ?

Oh Man! This is getting better by the minute!

you guys are making my day already this morning...thanks...
Hear the music before the song is over ...
  • #166,445
  • Sep 17, 2009 2:34am Sep 17, 2009 2:34am
Quoting albchr
Good MAE Everyone....
Good morning Chris!! So...what's cooking?
  • #166,446
  • Sep 17, 2009 2:34am Sep 17, 2009 2:34am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Cheers for your analysis Mal!
I've been saying this from last two days that dow is so near to 10000 and I do not see any reason why it would shy from touching it when it's only 200 points away and it might drag currency with it.

I am only looking at EU which gives me the doubt that GU will pull straight UP.
You are right about GJ, time to go long good buy atm.
What's your take on it. I reckon 1483xxx then 151xxxx?


ams


Quoting malcolmb14
4 hour bull flag target 1.7000 if 1,6560 gives way

do not lose money trading short. This was just a pull back

gold is about to break last years highs ... and charts say s&p 1200 and dj 10500 min (sounds really stupid but that is what charts say)

why trade against gold ? usd goes down when gold goes up ...so how is this good for gu sells ?

also note shake out in US .. this has yet to play out

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  • #166,447
  • Sep 17, 2009 2:39am Sep 17, 2009 2:39am
Quoting Alpha Hamste
Good morning Chris!! So...what's cooking?
Nothing much. I see cable is still stuck in limbo here. How about you?
Ghost Rider - WWTBMD?
  • #166,448
  • Sep 17, 2009 2:42am Sep 17, 2009 2:42am
Hi Chris...I already have tickets for the GU southbound train since morning.
If I go against the trend, well bummer...just gotta hold on to those tickets for the long haul.
  • #166,449
  • Sep 17, 2009 2:44am Sep 17, 2009 2:44am
Quoting albchr
Nothing much. I see cable is still stuck in limbo here. How about you?
Morning Chris...where there is limbo, Then is "Rush" not far behind...lol
Hear the music before the song is over ...
  • #166,450
  • Sep 17, 2009 2:50am Sep 17, 2009 2:50am
gbp/usd is going up at least another 15 pips
  • #166,451
  • Sep 17, 2009 2:55am Sep 17, 2009 2:55am
Quoting GlobalMacro
Morning Chris...where there is limbo, Then is "Rush" not far behind...lol
Very true I guess. I haven't been paying too much attention to GU though. Been more focused on the Mistress and she's still being very sweet to me....

Riding a 134.28 short ATM.

Cable has me somewhat baffled tbh. I see some great analysis here for both sides. Oh well, like always, I'll just wait for it to tip it's hand and try to go with the flow...
Ghost Rider - WWTBMD?
  • #166,452
  • Sep 17, 2009 2:57am Sep 17, 2009 2:57am
went up 10 pips so far =]
  • #166,453
  • Sep 17, 2009 2:59am Sep 17, 2009 2:59am
Quoting albchr
Very true I guess. I haven't been paying too much attention to GU though. Been more focused on the Mistress and she's still being very sweet to me....

Riding a 134.28 short ATM.

Cable has me somewhat baffled tbh. I see some great analysis here for both sides. Oh well, like always, I'll just wait for it to tip it's hand and try to go with the flow...
yup...very wise choice...gu is a drag right now....and Mistress is more fun too in the first place
Hear the music before the song is over ...
  • #166,454
  • Sep 17, 2009 3:01am Sep 17, 2009 3:01am
Guys I told malcomb I tell you, you like EJ then AJ is even better.
  • #166,455
  • Sep 17, 2009 3:02am Sep 17, 2009 3:02am
woohooo 22 pips so far to the upside on gbp/usd
  • #166,456
  • Sep 17, 2009 3:07am Sep 17, 2009 3:07am
any new's trader's out there ? what's you'r take
  • #166,457
  • Sep 17, 2009 3:13am Sep 17, 2009 3:13am
Quoting trabagwe
any new's trader's out there ? what's you'r take

maybe wrong on this ... but do not get suckered into this down candle of resis...

way to much volume in it for a down candle

could be some form of trap ..

ultra high volume
Blogging daily now at www.volume.zone
  • #166,458
  • Sep 17, 2009 3:14am Sep 17, 2009 3:14am
Quoting GlobalMacro
yup...very wise choice...gu is a drag right now....and Mistress is more fun too in the first place
Just seems to be a bit more predictable for me. You know, silly things like reacting to S/R & fib levels the way you'd expect. Actually making it from one to another (mostly...lol). Things like that....lol
Ghost Rider - WWTBMD?
  • #166,459
  • Sep 17, 2009 3:14am Sep 17, 2009 3:14am
Quoting trabagwe
any new's trader's out there ? what's you'r take
If retail sales are good gu explodes takes gj along, if not maybe further losses. Play it safe!
  • #166,460
  • Sep 17, 2009 3:16am Sep 17, 2009 3:16am
Quoting geribosi
If retail sales are good gu explodes takes gj along, if not maybe further losses. Play it safe!

retail numbers should smoke .2 % ... back to school in sept show up in these figures
Blogging daily now at www.volume.zone
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