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Cable Update (GBPUSD)

  • #177,801
  • Oct 20, 2009 10:10am Oct 20, 2009 10:10am
im short 1.6393, t/p 1.5900, get in where you fit in
  • #177,802
  • Oct 20, 2009 10:11am Oct 20, 2009 10:11am
Quoting Islander
LOL - just playing catch up and I've found a new definition of masochist.....I hope you've recovered.....http://cdn.forexfactory.com/images/icons/icon12.gif
I am ok (ish) but everyone in yorks has this 'all night vomit then 3 days lousy' bug
Wifey is in bed knocked out with it - she got it 2 days later
Cousin couldnt meet us as he had his head down the bog too
Got on plane and the back of my neck and right cheek was wet with sneeze juice from the guy sat behind
Flying is a v unhealthy activity
8 hour jet lag is a bummer
Heathrow terminal 5 lost the bags this time, and last time, and friends bags one month ago -
Flying via amsterdam in future - no more Thiefrow airport terminal 5
BA asked for feedback - told em to move all staff including pilots to lost bags department

ok i am long euro/cable BIG !
  • #177,803
  • Oct 20, 2009 10:19am Oct 20, 2009 10:19am
Quoting coolshades
just curious, how do you see through all that on your chart?
Everything is on the charts mate, only RSX missing, but here it is.
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Addicted to FX
  • #177,804
  • Oct 20, 2009 10:28am Oct 20, 2009 10:28am
Quoting alex1976
looks like that downward trendline is holding.

Based on what i see so far on daily, im looking for short into next uk session.
Hi - are you the same alex from the forexnews forum? If yes, this is Daniel.

Nene - going back to your chart 177754 - can you please explain the yellow "channel" you have on the chart.

This appears to be a similar type of set up that I use in my trading - would love to discuss it with you.

While I am new to this forum, I have been trading for many years and hope to exchange ideas with some great traders I see on this forum
  • #177,805
  • Oct 20, 2009 10:51am Oct 20, 2009 10:51am
Navin, back in February you gave Marky some information on Evening Stars which he said was very valuable. Any chance I might be able to get that? Please PM me if so. Thanks.
  • #177,806
  • Oct 20, 2009 11:02am Oct 20, 2009 11:02am
Quoting allserene
ok i am long euro/cable BIG !
your stop loss?
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #177,807
  • Oct 20, 2009 11:05am Oct 20, 2009 11:05am
Quoting mary4x
Navin, back in February you gave Marky some information on Evening Stars which he said was very valuable. Any chance I might be able to get that? Please PM me if so. Thanks.
if u can remind what i gave i will be happy to do so..but i honestly cannot remember
  • #177,808
  • Oct 20, 2009 11:17am Oct 20, 2009 11:17am
Quoting XTrade
Global,
Did you add more longs?
yup..as a matter of fact, I did, XTrade...
Hear the music before the song is over ...
  • #177,809
  • Oct 20, 2009 11:47am Oct 20, 2009 11:47am
Quoting TauTrader
Good day to you,

OK - I know I said I am Finished - but will take one last retrace north. Very soon - within the next 1 or 2 bars (1hr) - perfect setup forming ....

Regards
Good day to you,

Waited a bit. As stated in this post... finished. Now off to bed.

Regards
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  • #177,810
  • Oct 20, 2009 12:20pm Oct 20, 2009 12:20pm
Does anyone have a link to listen to the speech from?!
The Sky is the Limit!
  • #177,811
  • Oct 20, 2009 12:23pm Oct 20, 2009 12:23pm
Quoting ahlamo
Does anyone have a link to listen to the speech from?!
as text -> source forexlive.com

King doesn’t mention QE

A quick scan of the headlines does not show anything on expanding quantitative ease in King’s speech in Edinburgh. He says the UK is likely to return to growth in the second half of 2009. Output is well below year ago levels and unemployment is well above. It is likely to stay that way for some time, he says. CPI will be volatile but will rise in coming months. The future outlook is hard to judge given the imparement of the banks and fiscal tightening.
Cable is choppy, now at 1.6355. The lack of quantitative ease talk is likely to be seen as a psitive, even if his outlook is not particularly rosy. 1.6375/80 is resistance on rallies.
  • #177,812
  • Oct 20, 2009 12:24pm Oct 20, 2009 12:24pm
updated levels.
cci12
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  • #177,813
  • Oct 20, 2009 12:27pm Oct 20, 2009 12:27pm
benayouuuuunnn GOAALLL!!
Thank You
  • #177,814
  • Oct 20, 2009 12:36pm Oct 20, 2009 12:36pm
Quoting wormboy
benayouuuuunnn GOAALLL!!
bro did u see the move cable went down to the 30's
  • #177,815
  • Oct 20, 2009 12:38pm Oct 20, 2009 12:38pm
i love to hit and run
  • #177,816
  • Oct 20, 2009 12:39pm Oct 20, 2009 12:39pm
Hi

The bias on GU looks bearish to me. Waiting for a bounce to 1.6360's to enter short.

Anyone else with me on this one?

Neo
  • #177,817
  • Oct 20, 2009 12:40pm Oct 20, 2009 12:40pm
Quoting kill
bro did u see the move cable went down to the 30's
yea .. there's more where that came from
Thank You
  • #177,818
  • Oct 20, 2009 12:41pm Oct 20, 2009 12:41pm
Quoting kill
i love to hit and run
yeah was a great day
  • #177,819
  • Oct 20, 2009 12:44pm Oct 20, 2009 12:44pm
Back to loading some longs.

Couple positions @ 1.6338, few more @ 1.6342.

Still see correction coming on the H4, could be a waaaaaaaaaay different ball game in the next 12 hrs.

Time to bust a hole in the roof!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,820
  • Oct 20, 2009 12:44pm Oct 20, 2009 12:44pm
update
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