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Cable Update (GBPUSD)

  • #177,961
  • Oct 21, 2009 3:07am Oct 21, 2009 3:07am
:nerd: 1.6467 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #177,962
  • Oct 21, 2009 3:09am Oct 21, 2009 3:09am
closed my long. hit my target 1.6508. + 77P



had to expand my bull channel a bit

see you guys NY. off to dinner.

may be more upside to this now that we're above the weekly utl. be careful with your shorts.
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  • #177,963
  • Oct 21, 2009 3:14am Oct 21, 2009 3:14am
Quoting FXFundi
Morning all. I have got FIB convergence on my daily at 16525. the 786 FIB from A; B and 618 Fib from A2; B - Will look for a sell candle ofter it hits that level.

Attachment
Good point FXFundie .... It is a strong level. If she breaks that level than she gonna fly (1.6420 / 40)....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #177,964
  • Oct 21, 2009 3:16am Oct 21, 2009 3:16am
Uk data due @ 0830am gmt,

G/L
ex member
  • #177,965
  • Oct 21, 2009 3:17am Oct 21, 2009 3:17am
what do you guys think one sholud do during this time...lon orshort?for GBP/USD
  • #177,966
  • Oct 21, 2009 3:19am Oct 21, 2009 3:19am
Quoting brighty3k
what do you guys think one sholud do during this time...lon orshort?for GBP/USD
WAIT... SIT... DRINK COFFEE... DONT DRINK BEER FOR SURE..

am i cool??
  • #177,967
  • Oct 21, 2009 3:19am Oct 21, 2009 3:19am
Quoting Bull_Bear
Good point FXFundie .... It is a strong level. If she breaks that level than she gonna fly (1.6420 / 40)....
1.7000 and some FREE beer from Wormie
May the forex be with you |
  • #177,968
  • Oct 21, 2009 3:20am Oct 21, 2009 3:20am
Quoting mloistianto
WAIT... SIT... DRINK COFFEE... DONT DRINK BEER FOR SURE..

am i cool??
GELORE
  • #177,969
  • Oct 21, 2009 3:21am Oct 21, 2009 3:21am
Quoting brighty3k
what do you guys think one sholud do during this time...lon orshort?for GBP/USD
me thinx that itll be shorting for some time... but only because of % stand stil, n if 175k will be last position of program will see hopy g*
imho
  • #177,970
  • Oct 21, 2009 3:22am Oct 21, 2009 3:22am
cant see this going down for nothing..weekly formation are a gift

shorties need to be carefull
  • #177,971
  • Oct 21, 2009 3:26am Oct 21, 2009 3:26am
Lets Watch 1.6480's ....
  • #177,972
  • Oct 21, 2009 3:31am Oct 21, 2009 3:31am
Quoting manize
:nerd: 1.6467 !
Look at M1/M5/M15/M30, becarefull all with your short !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #177,973
  • Oct 21, 2009 3:34am Oct 21, 2009 3:34am
well.. I'm out.. LOL... -100 pips just like that... Good bye Timbuktu, Good Bye paris..

Phew just after i'm out @ 1.6424 this girl flying high to 1.6540 in no time.. SHE is meann..
  • #177,974
  • Oct 21, 2009 3:36am Oct 21, 2009 3:36am
Quoting mloistianto
well.. I'm out.. LOL... -100 pips just like that... Good bye Timbuktu, Good Bye paris..
Good morning Vietnam!!!!!!!!! he he
  • #177,975
  • Oct 21, 2009 3:38am Oct 21, 2009 3:38am
1.67 is almost certain...just need to cross this resistance, shouldnt be a problem
  • #177,976
  • Oct 21, 2009 3:38am Oct 21, 2009 3:38am
GBPUSD 4hr Chart
Long @ 1.6508
SL @ 1.6328
TP > Open
  • #177,977
  • Oct 21, 2009 3:39am Oct 21, 2009 3:39am
Based on Fib resistance on Daily I'm short at 16525. Tight SL at 16555 and TP at 16200. Go the $
May the forex be with you |
  • #177,978
  • Oct 21, 2009 3:40am Oct 21, 2009 3:40am
Quoting Fx1618
GBPUSD 4hr Chart
Long @ 1.6508
SL @ 1.6328
TP > Open
at least one of us will be correct! Good Luck
May the forex be with you |
  • #177,979
  • Oct 21, 2009 3:41am Oct 21, 2009 3:41am
Quoting FXFundi
Based on Fib resistance on Daily I'm short at 16525. Tight SL at 16555 and TP at 16200. Go the $
Good short I added another at 1.6530 on the spike
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #177,980
  • Oct 21, 2009 3:43am Oct 21, 2009 3:43am
jumped back in at 1.6485. moved my stop to BE. food can wait..

we retested 1.6480 level as rbs. let's see how this 1H closes but so far it's held.

this has been an important SR level since June whenever we get in this area.

potential TPs 1.659, 1.665 if we get that far.
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