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Cable Update (GBPUSD)

  • #172,521
  • Oct 2, 2009 9:14am Oct 2, 2009 9:14am
Quoting Bull_Bear
I see it making back to 1.5980, the same level the got me yesterday...

Retrace is also consistent with fibre...

Posted elsewhere:


There were 3 other long entries off pull backs.

The rally has so far stopped at the 1.618 expansion / yesterdays low / 5925 level and I've now taken a small short, looking for the 38% retrace to ~the 885 area
Trading Levels with WRBs
  • #172,522
  • Oct 2, 2009 9:14am Oct 2, 2009 9:14am
look like its coming back so badly !!
  • #172,523
  • Oct 2, 2009 9:15am Oct 2, 2009 9:15am
Quoting nAVIN2007
really, thats funny cause i think we at support
Hi Nav! I'll wait to 4h candle close, nice chart, 159 is pretty nice res now.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #172,524
  • Oct 2, 2009 9:17am Oct 2, 2009 9:17am
Quoting JhonMonsalve
Hi Nav! I'll wait to 4h candle close, nice chart, 159 is pretty nice res now.
thanks brother..yes its looking like a descent resistance..
be lucky

not sure if this has any bearing of dollar strength but also at support....interesting, if any1 know please let me know....

thank u
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  • #172,525
  • Oct 2, 2009 9:18am Oct 2, 2009 9:18am
Quoting nAVIN2007
yo BB u need to carefull here bro!

this mofo might turn
Yo Nav, noted bro... My bais is north side, unless she closes below my bias line,,,

http://www.forexfactory.com/showpost...stcount=172506

Hows it hang'n with you bro?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #172,526
  • Oct 2, 2009 9:19am Oct 2, 2009 9:19am
Quoting nAVIN2007
thanks brother..yes its looking like a descent resistance..
be lucky
I don't know why trade GChf is pretty much easier nowadays than cable

http://www.forexfactory.com/showpost...stcount=201206

"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #172,527
  • Oct 2, 2009 9:19am Oct 2, 2009 9:19am
Quoting ahlamo
Hi Guys,

so i am long the pai. Looking at the weekly ( which i know hasn t closed yet) but there may reversal
Added short at 5925.

Good luck to us all....
Ghost Rider - WWTBMD?
  • #172,528
  • Oct 2, 2009 9:19am Oct 2, 2009 9:19am
Good day to you,

Sweating bullets inside - sounds familiar?

I am dancing like my friend Claude - but averaging out left right and centre...

Wish you all success
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  • #172,529
  • Oct 2, 2009 9:20am Oct 2, 2009 9:20am
15m trendline broken - now lets see how heavy she is
  • #172,530
  • Oct 2, 2009 9:20am Oct 2, 2009 9:20am
Quoting Inzider
Still holding? This 30 makes me think....
hold the forte bro, don't jump ship
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #172,531
  • Oct 2, 2009 9:21am Oct 2, 2009 9:21am
Quoting Islander
Posted elsewhere:


There were 3 other long entries off pull backs.

The rally has so far stopped at the 1.618 expansion / yesterdays low / 5925 level and I've now taken a small short, looking for the 38% retrace to ~the 885 area
Nice pull
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #172,532
  • Oct 2, 2009 9:21am Oct 2, 2009 9:21am
Quoting Islander
Posted elsewhere:


There were 3 other long entries off pull backs.

The rally has so far stopped at the 1.618 expansion / yesterdays low / 5925 level and I've now taken a small short, looking for the 38% retrace to ~the 885 area
With considerable effort, I found the fib you are referring to. LOL

Dr. D.
Attached Image
  • #172,533
  • Oct 2, 2009 9:22am Oct 2, 2009 9:22am
Quoting Bull_Bear
Yo Nav, noted bro... My bais is north side, unless she closes below my bias line,,,

http://www.forexfactory.com/showpost...stcount=172506

Hows it hang'n with you bro?
im good brother, hanging in there with my short, trying to work out this mofo out

i dont trade news but this is the kind of news which has an effect...so i need to get my sh*t together quick!! ...before she tries to blow me away

(no dirty comments now)
  • #172,534
  • Oct 2, 2009 9:22am Oct 2, 2009 9:22am
The more she comes back, the more I pile on. Stop is way back at 5740. My stance hasn't changed. Long term here.

Jim
  • #172,535
  • Oct 2, 2009 9:24am Oct 2, 2009 9:24am
Quoting fourxtrader
Right, step by step.

Based on this chart alone which I have been
following over the past few days shows a
gathering of ema's, their compression and
a release with separation. It wasn't explosive
like I was wanting to see... but it is occuring.

Step by step.

Thanks,

Dr. D.
  • #172,536
  • Oct 2, 2009 9:25am Oct 2, 2009 9:25am
Your chart says it all. I think it could possibly touch 1.5850, but I doubt it. 1.5885 should be a nice springboard.

Quoting fourxtrader
With considerable effort, I found the fib you are referring to. LOL

Dr. D.
  • #172,537
  • Oct 2, 2009 9:25am Oct 2, 2009 9:25am
Quoting grashid
Hi there G! shorting like no tomorrow yet?
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #172,538
  • Oct 2, 2009 9:26am Oct 2, 2009 9:26am
any one has the opinion that cable is still bearish ????????????
  • #172,539
  • Oct 2, 2009 9:27am Oct 2, 2009 9:27am
Out and still alive...

Me no touchy, touchy now...

finished for the week.... good week. Thank you again for all the input, advice, views and chit-chat...I'm in a good place.

Wish you all wealth and health to the MAX

My highest regards
  • #172,540
  • Oct 2, 2009 9:29am Oct 2, 2009 9:29am
Quoting grashid
Gras man where have you been bro? Haven't seen you around the block lately. How you travelling with your trades?
Veni, Vidi, Vici (We came, we saw, we conquered)
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