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Cable Update (GBPUSD)

  • #170,461
  • Sep 29, 2009 6:28am Sep 29, 2009 6:28am
Hey Tau, what's your take on the 30m ?

Here's mine and I still think we're in the range....lol
Attached Image (click to enlarge)
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Ghost Rider - WWTBMD?
  • #170,462
  • Sep 29, 2009 6:29am Sep 29, 2009 6:29am
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May the forex be with you |
  • #170,463
  • Sep 29, 2009 6:29am Sep 29, 2009 6:29am
wow!! what is going on today.....this thing has got me in a mess
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  • #170,464
  • Sep 29, 2009 6:34am Sep 29, 2009 6:34am
Quoting nAVIN2007
wow!! what is going on today.....this thing has got me in a mess
Hey buddy, was wondering where you were.
Ghost Rider - WWTBMD?
  • #170,465
  • Sep 29, 2009 6:37am Sep 29, 2009 6:37am
Hi guys i am new to forex. Question to nAVIN2007. Where can i get the chart u r using?
  • #170,466
  • Sep 29, 2009 6:37am Sep 29, 2009 6:37am
Quoting albchr
Just popped out of my channel and above the 74.6 fib. Looking like the bulls may have some balls here....lol
look what popped out of my channel & made my balls quiver .. alizee!!

Inserted Video


Thank You
  • #170,467
  • Sep 29, 2009 6:38am Sep 29, 2009 6:38am
Quoting albchr
Hey buddy, was wondering where you were.
My H4 on nAV tells me that he just woke up, Chris.
See you guys when the US market open.
  • #170,468
  • Sep 29, 2009 6:39am Sep 29, 2009 6:39am
Quoting albchr
Hey buddy, was wondering where you were.
was in hot soup, one of those days where i just shouldnt be trading anyways

i have buy and sell together, want this to go much higher, if it can rest the head n shoulder and give a good signal i may add another short depending

or i can place buy to BE and wait for the market to come toward my sell...
  • #170,469
  • Sep 29, 2009 6:42am Sep 29, 2009 6:42am
Quoting wormboy
look what popped out of my channel & made my balls quiver .. alizee!!

http://www.youtube.com/watch?v=tZlgNj-rIxw

mesmerizing....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #170,470
  • Sep 29, 2009 6:43am Sep 29, 2009 6:43am
Quoting nAVIN2007
was in hot soup, one of those days where i just shouldnt be trading anyways

i have buy and sell together, want this to go much higher, if it can rest the head n shoulder and give a good signal i may add another short depending

or i can place buy to BE and wait for the market to come toward my sell...
Been in you shoes before nAV. You should be able to clear them when the market is trending in one direction, or during large retraces (during London time and US time). G/L nursing them, buddy.
  • #170,471
  • Sep 29, 2009 6:43am Sep 29, 2009 6:43am
Quoting wormboy
look what popped out of my channel & made my balls quiver .. alizee!!

http://www.youtube.com/watch?v=tZlgNj-rIxw

Cute....for all you guys safely locked in profit. Now can we get back to trading?

I think it's gonna have a tough time with 5980ish myself.
Ghost Rider - WWTBMD?
  • #170,472
  • Sep 29, 2009 6:47am Sep 29, 2009 6:47am
Quoting forexIQ
Im thinking today the t/ps for g/u are at 6005 and 6075....i think an entry on 30m 75 sma or even 50 ema are great places....what u guys think...
Well this was my thinking on g/u for the day...didnt plan for it to drop that low though...anything can happen on news days though...
  • #170,473
  • Sep 29, 2009 6:47am Sep 29, 2009 6:47am
is it due to the CBI Realized Sales which is far better than the forecast? and that mainly affect the GBP currency....

and hence the tremendous rise for GBP/USD and drop for EUR/GBP... please give ur comments.. thanks
  • #170,474
  • Sep 29, 2009 6:48am Sep 29, 2009 6:48am
Quoting albchr
Cute....for all you guys safely locked in profit. Now can we get back to trading?

I think it's gonna have a tough time with 5980 myself.
lol okay. I'll have the girls ready for the party when we crash the gates @6165
Thank You
  • #170,475
  • Sep 29, 2009 6:49am Sep 29, 2009 6:49am
Quoting Alpha Hamste
Been in you shoes before nAV. You should be able to clear them when the market is trending in one direction, or during large retraces (during London time and US time). G/L nursing them, buddy.
well this is shaping up for long that is for sure.......when the market retraces i will cash in the short....the only problem is theres a lot of resistances and the movement today is like a intervention, huge buying power..makes u wonder
  • #170,476
  • Sep 29, 2009 6:50am Sep 29, 2009 6:50am
Quoting albchr
Cute....for all you guys safely locked in profit. Now can we get back to trading?

I think it's gonna have a tough time with 5980ish myself.
Than buy when she moves back to 1.5920.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #170,477
  • Sep 29, 2009 6:51am Sep 29, 2009 6:51am
Quoting albchr
Hey Tau, what's your take on the 30m ?

Here's mine and I still think we're in the range....lol
Good day to you,

I am personally fighting with a trade on EU and this has kept me busy enough.... not looking too good at the moment. Anyway - chart attached and referenced:

1)&2) Price is attempting to break through some strong resistance at the moment. These are the weekly open @ 1.5965, yesterday's high @ 1.5977 as well as a horizontal trendline @ 1.5977

the only barrier to the upside will be 1.6000 for now, once clearing - could be significant. Will not consider longing from here unless we clear 1.6000.

3) 1.5927 is Friday's close to the downside
4) Monday's low @ 1.5914

Sooo... breaking 1.6000 with purpose - we may see 1.6057
Below 1.5965 - possible short back to 1.5928

I would expect a pullback within the next few hours, but I think we will see more upside movement late, late in the day going into tomorrow.

OK - took my loss (-40) - now focus...

Hope this assists

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gu109.gif Size: 18 KB
  • #170,478
  • Sep 29, 2009 6:51am Sep 29, 2009 6:51am
Quoting nAVIN2007
well this is shaping up for long that is for sure.......when the market retraces i will cash in the short....the only problem is theres a lot of resistances and the movement today is like a intervention, huge buying power..makes u wonder
hey nav how's it going bro
Thank You
  • #170,479
  • Sep 29, 2009 6:52am Sep 29, 2009 6:52am
Quoting IllegalOps
is it due to the CBI Realized Sales which is far better than the forecast? and that mainly affect the GBP currency....

and hence the tremendous rise for GBP/USD and drop for EUR/GBP... please give ur comments.. thanks
anybody can comments? is it due to fundamental analysis? thanks
  • #170,480
  • Sep 29, 2009 6:54am Sep 29, 2009 6:54am
Quoting wormboy
lol okay. I'll have the girls ready for the party when we crash the gates @6165
Make sure you keep them warm cause I think we're going back down before then....
Ghost Rider - WWTBMD?
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