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Cable Update (GBPUSD)

  • #175,041
  • Oct 11, 2009 6:29pm Oct 11, 2009 6:29pm
cable overbought on the M15, M30 and H1 there could be a little spike in the downhill
  • #175,042
  • Oct 11, 2009 6:38pm Oct 11, 2009 6:38pm
Quoting mktjong
Yup, I think it's just about right , even lower 1.35 - 1.38 area

The question becomes, what is a good shorting point? Another test ( a last one) on 1.60ish would be nice but i'm standing on the side for now.
The Sky is the Limit!
  • #175,043
  • Oct 11, 2009 6:43pm Oct 11, 2009 6:43pm
hi guys


it is 3:00 am in tehran and i am still alive

what are u doing?
  • #175,044
  • Oct 11, 2009 6:50pm Oct 11, 2009 6:50pm
Quoting ahlamo
The question becomes, what is a good shorting point? Another test ( a last one) on 1.60ish would be nice but i'm standing on the side for now.
Looks to me, the beginning of each day is a good level to short
1h, 4h, and daily of 5-sma is a good entry level imo.
  • #175,045
  • Oct 11, 2009 7:28pm Oct 11, 2009 7:28pm
Quoting ahlamo
the question becomes, what is a good shorting point? Another test ( a last one) on 1.60ish would be nice but i'm standing on the side for now.:d
i dont think they will let fresh sellers in. As soon as 1.5800 break it will going down dont think it going up now.

Or we should wait for tommorow. But in my opinion hard to come. I am short from 6070.

Good morning

wish you best of luck
irfan from pakistan
  • #175,046
  • Oct 11, 2009 7:44pm Oct 11, 2009 7:44pm
Quoting ashkan
hi guys


it is 3:00 am in tehran and i am still alive

what are u doing?
Ashkan add me : afsoon.bayat

Look at GU . It is falling and upping but I now that it want too fall this week
  • #175,047
  • Oct 11, 2009 8:08pm Oct 11, 2009 8:08pm
1.5778 decides, GU goes south or bounces hard

yearly support
  • #175,048
  • Oct 11, 2009 8:19pm Oct 11, 2009 8:19pm
i have shorted cable @5823 ,SL 5956. i will add shorting position this week depends on the price action .

so far the pattern that i have always seen as depicted in the picture, always 80% to the intended direction(i.e south)
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2.JPG Size: 102 KB
  • #175,049
  • Oct 11, 2009 8:21pm Oct 11, 2009 8:21pm
You all here no one sleep but i have to because have work early after 4H
Thought to post my us index,Strong us $ must show soon
All take care
catch you soon
Attached Image (click to enlarge)
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  • #175,050
  • Oct 11, 2009 8:23pm Oct 11, 2009 8:23pm
i may wait cable to retrace , but i am afraid gonna miss the bus . so i jumped in pray hardly , together with Gordon Brown side by side. he is shorting cable as well
  • #175,051
  • Oct 11, 2009 8:46pm Oct 11, 2009 8:46pm
Quoting forexlion
1.5778 decides, GU goes south or bounces hard

yearly support
  • #175,052
  • Oct 11, 2009 8:48pm Oct 11, 2009 8:48pm
possible divergence ( next candle), can mayby show us the retracement coming. 1h TF
  • #175,053
  • Oct 11, 2009 8:51pm Oct 11, 2009 8:51pm
have a look room
Attached Image (click to enlarge)
Click to Enlarge Name: 4h gbp.gif Size: 17 KB
  • #175,054
  • Oct 11, 2009 9:03pm Oct 11, 2009 9:03pm
if comment please let me know thanks
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 10.12 .gif Size: 21 KB
  • #175,055
  • Oct 11, 2009 9:27pm Oct 11, 2009 9:27pm
Quoting Bene
if comment please let me know thanks
Heya Bene, How goes the trading?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #175,056
  • Oct 11, 2009 9:30pm Oct 11, 2009 9:30pm
i stop a long time for some personal reason. back now and doing ok.
thanks and you. How are you ?
  • #175,057
  • Oct 11, 2009 9:31pm Oct 11, 2009 9:31pm
Quoting Bene
i stop a long time for some personal reason. back now and doing ok.
thanks and you. How are you ?
Just like the markets, up and down....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #175,058
  • Oct 11, 2009 9:33pm Oct 11, 2009 9:33pm
Really happy to have some news about you
  • #175,059
  • Oct 11, 2009 9:34pm Oct 11, 2009 9:34pm
Quoting grashid
we only got london session worth trading today, and there is every indication that london boys are gonna gang bang the dollar
  • #175,060
  • Oct 11, 2009 9:36pm Oct 11, 2009 9:36pm
Quoting Bene
Really happy to have some news about you
I been busy with work, just started to find a little time to get back into the game. Have had some great weeks, have had a couple real effin LOSERS....

All in all, still having fun, as it's a hobby, I don't really need to make much to keep my interests piqued.

I really am beginning to hate cable. I wasn't much fond of it before, but over the last week, it's really just been pissing me off....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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