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Cable Update (GBPUSD)

  • #176,501
  • Oct 15, 2009 1:33am Oct 15, 2009 1:33am
Quoting peyman
why dose gbp have bullish force ?!!!
You can't keep a good lady down too long.

Ok not too good, but like any lady, she does the unexpected.
  • #176,502
  • Oct 15, 2009 1:33am Oct 15, 2009 1:33am
Quoting nAVIN2007
closed short ..big blow recieved. NEXT TRADE!!!

this move is crazy and very bullish, i think we looking at a reversal
OPEN your daily.. and have a look where we are..
very interesting.. confluence.. [NL, 50 ema, fibo 50]

however knowing "HER" we may spike another 50-100p...
cheers!
  • #176,503
  • Oct 15, 2009 1:33am Oct 15, 2009 1:33am
what a tankage!

Point of reversal could be right here.
  • #176,504
  • Oct 15, 2009 1:34am Oct 15, 2009 1:34am
where is g/u target? do you know?
  • #176,505
  • Oct 15, 2009 1:34am Oct 15, 2009 1:34am
I think, starting today, GBP will long... my 50EMA on D1 showed it :
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  • #176,506
  • Oct 15, 2009 1:34am Oct 15, 2009 1:34am
Im now Short at 16208.

Post here:

http://www.forexfactory.com/showpost...&postcount=146
  • #176,507
  • Oct 15, 2009 1:34am Oct 15, 2009 1:34am
Quoting Piters
there are:
3. BREAKOUT trades.....

THEN Time Frame...
2. Swinging

Cheers.. and trade your charts...!
I think I'm a Swinging Breaker... or maybe a Breaking Swinger...

SH*t not even sure about that one and now I want to try and predict were the market is going...

I'm just not there yet, see my previous post last Night on the trendlines etc...

I'll just trade my Charts then... but its going to be hard to give back to the pipgods on this one... currently on 200+
  • #176,508
  • Oct 15, 2009 1:34am Oct 15, 2009 1:34am
intervention happening here..

i placed another short..try catch the top got killed again..

i am done now..this week!
  • #176,509
  • Oct 15, 2009 1:34am Oct 15, 2009 1:34am
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pick one
Patience is the keyword here...
  • #176,510
  • Oct 15, 2009 1:35am Oct 15, 2009 1:35am
Quoting bbmac
all you guys trying to figure out why? it doesn't matter. it is what it is, a strong bullish up trend extending to 4hr t/f, that's it , plain and simple, more buyers than sellers...just trade what you see not what you think and stop trying to figure it out, for a tech trading edge, it doesn't matter...

G/L
I would not necessarily say more buyers, but the syndicate of smart money buying at the same place, forcing the market up.

Price has reacted to the 50% fib a little.
Probability Professor
  • #176,511
  • Oct 15, 2009 1:35am Oct 15, 2009 1:35am
Quoting peyman
why dose gbp have bullish force ?!!!
6125 was a key level going back months. When it hit and only had a 30 pip reaction and followed up with some higher lows that was a hint.
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  • #176,512
  • Oct 15, 2009 1:35am Oct 15, 2009 1:35am
Quoting Piters
OPEN your daily.. and have a look where we are..
very interesting.. confluence.. [NL, 50 ema, fibo 50]

however knowing "HER" we may spike another 50-100p...
cheers!
could be 1.62 a good short? at least to a tp like 1.60?...
LOL
  • #176,513
  • Oct 15, 2009 1:36am Oct 15, 2009 1:36am
why dose gbp have bullish force ?!!!
  • #176,514
  • Oct 15, 2009 1:36am Oct 15, 2009 1:36am
Quoting bbmac
all you guys trying to figure out why? it doesn't matter. it is what it is, a strong bullish up trend extending to 4hr t/f, that's it , plain and simple, more buyers than sellers...just trade what you see not what you think and stop trying to figure it out, for a tech trading edge, it doesn't matter...

G/L
HI bb,

You have me remember an old dead friend who used to say: talk to my ass my head is sick....

GL for your trades....
Non licet omnibus adire Corinthum
  • #176,515
  • Oct 15, 2009 1:39am Oct 15, 2009 1:39am
Quoting javajames
HI bb,

You have me remember an old dead friend who used to say: talk to my ass my head is sick....

GL for your trades....
Lol, Thanx for the quote, G/L to you too,( I am a big fan of ichimoko kinko hyo.)
ex member
  • #176,516
  • Oct 15, 2009 1:40am Oct 15, 2009 1:40am
Quoting GlobalMacro
Good Morning,

Buying more at these bargain levels here @ 1.5712

Long AvgPrc now @ 1.5748

Good Morning,

What Can I Say?! We Rock!!!


Active Long Position Summary:

+488 pips from 1.5712
+379 pips from 1.5821

Total Open: +867 pips

Will Continue To Carry Longs!
Attached Image
Hear the music before the song is over ...
  • #176,517
  • Oct 15, 2009 1:41am Oct 15, 2009 1:41am
Quoting karimfx
could be 1.62 a good short? at least to a tp like 1.60?...

Lol, maybe in short term - retrace.. manage your shorts with SL..

Today NEWS are earnings as second part.. following yesterday "excellent JPM Earnings", today GS [Goldman Sachs] report their earnings...

Who knows...

GS Uk was downgraded 2 days ago..
JPM had 6 fold excellent earnings..


im not a NEWS trader, but Im aware that that kind of NEWS can very easy affect all markets.. Probably for ES to test 1124 [fibo50] and for DOW another 100 points on the top...

cheers.!
  • #176,518
  • Oct 15, 2009 1:42am Oct 15, 2009 1:42am
Quoting direct-trade
Im now Short at 16208.

Post here:

http://www.forexfactory.com/showpost...&postcount=146
Hopefully DT...

Dame this is one massive move.... unfortunate I only caught half of the move
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,519
  • Oct 15, 2009 1:42am Oct 15, 2009 1:42am
juz came back from my college......gbp/usd juz shoot up.......
anyhow, it seems like the trend line is acting like a resistance...
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  • #176,520
  • Oct 15, 2009 1:42am Oct 15, 2009 1:42am
Quoting Fx1618
I think I'm a Swinging Breaker... or maybe a Breaking Swinger...

SH*t not even sure about that one and now I want to try and predict were the market is going...

I'm just not there yet, see my previous post last Night on the trendlines etc...

I'll just trade my Charts then... but its going to be hard to give back to the pipgods on this one... currently on 200+
Hey bud,

Great to see you've got +200, the account must be well on the mend now!

Good work!

I cocked up this morning and jumped out to soon, reversed and then wiped out a third of my profit in about 2 minutes!

Only £44 profit today, about £46 for the week, really not good enough, especially looking at if I had stayed long I would have been on about 200 quid up!lol!
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