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Cable Update (GBPUSD)

  • #170,021
  • Sep 28, 2009 5:17am Sep 28, 2009 5:17am
salam hi all

south or north we are wating for the azz ho darling
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  • #170,022
  • Sep 28, 2009 5:23am Sep 28, 2009 5:23am
Quoting bbmac
The zone was a previous 1hr and 4hr swing low zone=potential sbr and mni had touted offers there beafore price reached it...clear hidden divergence in 30min as well as the regular bearish divergence set-ups some one mentioned earlier in 1 and 5min.

Nice pips, but not sure of a with 1hr+ downtrend follow thru to new lows off it??
Good day to you,

Yip - not convincing at all....

Regards
  • #170,023
  • Sep 28, 2009 5:23am Sep 28, 2009 5:23am
Quoting Reznik
Good day to all Traders... De Great one, whatz up? Worm is your take on this... Am Long in cable.
hi reznik how are you
I am currently long as well.
Thank You
  • #170,024
  • Sep 28, 2009 5:24am Sep 28, 2009 5:24am
Well stopped for a pip. But since I just hate starting out the week with a loss, it's a good thing. Looking for a new seat now....
Ghost Rider - WWTBMD?
  • #170,025
  • Sep 28, 2009 5:36am Sep 28, 2009 5:36am
The Trend analysis is going according to plan... Howz everything going?!

In the 1hr chart,
-Positive Divergence on MACD.
-The RSI is oversold
-The Stoich is overbought.


I am holding @ 1.5828...
  • #170,026
  • Sep 28, 2009 5:37am Sep 28, 2009 5:37am
Quoting TauTrader
Good day to you,

Price trapped for now between the 1.5914 and 1.5890 level indicated as (1).
A purposeful break down should go and flirt with the 1.5873 number. Past this, 1.5808/1.5810 can be on the cards.(3)
(2) A break up from 1.5914 could see 1.5965 as the next gate/barrier.

Sexy times

Regards

Borat
I agree with you but i still feel that the pair will likely it 1.4820-1.4760 support level before any further up move.It also seems that the dollar is weak against majors.
  • #170,027
  • Sep 28, 2009 5:45am Sep 28, 2009 5:45am
Quoting TauTrader
Good day to you,

Hehe, thrown some temporary TL's in front so to give Chris a window of opportunity...

Regards
yes i had to was getting to close to my stop loss..
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  • #170,028
  • Sep 28, 2009 5:46am Sep 28, 2009 5:46am
Quoting clem699
I agree with you but i still feel that the pair will likely it 1.4820-1.4760 support level before any further up move.It also seems that the dollar is weak against majors.
Good day to you, Sir

You may be 100% correct. I unfortunately do not look so far in advance. I like to look at present levels and trade those. As said before, I only go for 10 to 20 pips at a time and every now and then I will take a longer term position for 40 or 50 pips.

Wish you success

Regards
  • #170,029
  • Sep 28, 2009 5:49am Sep 28, 2009 5:49am
Guys is 1.5846 is a good support? its still hanging there
  • #170,030
  • Sep 28, 2009 5:50am Sep 28, 2009 5:50am
Quoting nAVIN2007
yes i had to was getting to close to my stop loss..
  • #170,031
  • Sep 28, 2009 6:06am Sep 28, 2009 6:06am
What happening the market?!
  • #170,032
  • Sep 28, 2009 6:09am Sep 28, 2009 6:09am
Quoting Reznik
What happening the market?!
Lunch time UK I "think"?
Ghost Rider - WWTBMD?
  • #170,033
  • Sep 28, 2009 6:09am Sep 28, 2009 6:09am
Quoting albchr
LOL...yeah, relatively easy for you. Looks like I "may" get a shot at getting back to BE to get out of this short.

How do you draw those Fib trend lines bro? I gather it's the fib fan but I still don't know how to use the darn thing....lol
Going short at this level does not offer good reward as far as I'm concerned.
But that's just me, I trade from a much higher tf thus my perspective is different from yours bro

The fan is from the 23rd January low to the 5th of August high
Thank You
  • #170,034
  • Sep 28, 2009 6:11am Sep 28, 2009 6:11am
Hi all. Hope all are well. Got A bit of a late start today....But let's see how the market's feeling today
  • #170,035
  • Sep 28, 2009 6:11am Sep 28, 2009 6:11am
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  • #170,036
  • Sep 28, 2009 6:12am Sep 28, 2009 6:12am
Good day to you,

I am taking a small stab long. SL placed below daily channel low. See if I can reach the 1.5915 resistance area. If price manage to get through here, I am then targetting the weekly open @ 1.5964.

Will see - stop to BE as soon as a bit of room

Regards
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  • #170,037
  • Sep 28, 2009 6:13am Sep 28, 2009 6:13am
Quoting albchr
Lunch time UK I "think"?
Did you get your ticket, I bought another one.
May the forex be with you |
  • #170,038
  • Sep 28, 2009 6:14am Sep 28, 2009 6:14am
Quoting GlobalMacro
Good Morning,

Aggressive break of friday's low in asian session
Bearish momentum heavy atm
This looks like a Runaway market

I'm selling here @ 1.5847
Quick Position Update Here:

Shorts In Play set @ 1.5847 early this session.
Pull-back met heavy resistance in the low 1.5900s
Bearish Momentum still in place

I will continue to carry my short position for now.


Catch ya later...
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Hear the music before the song is over ...
  • #170,039
  • Sep 28, 2009 6:17am Sep 28, 2009 6:17am
Quoting nAVIN2007
http://www.youtube.com/watch?v=M_kFrKDRc5c



....
Ghost Rider - WWTBMD?
  • #170,040
  • Sep 28, 2009 6:18am Sep 28, 2009 6:18am
Quoting nAVIN2007
http://www.youtube.com/watch?v=M_kFrKDRc5c



The safety net was catchy lol
Thank You
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