Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

Post #178,441
Quote
Oct 23, 2009 2:37am Oct 23, 2009 2:37am

forexlion
| Additional Username | Joined Sep 2009 | 8,623 Posts

Quoting cesararr

Disliked

Did you already entry your short? if yes what is your entry..?

thanks.

Ignored

nope, not yet

i never go against 1 hour charts

Post #178,442
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Oct 23, 2009 2:38am Oct 23, 2009 2:38am

pipnapper
| Joined Apr 2009 | Status: Member | 225 Posts

Waiting for a break of the trendline and then down she goes.

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Post #178,443
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Oct 23, 2009 2:39am Oct 23, 2009 2:39am

forexlion
| Additional Username | Joined Sep 2009 | 8,623 Posts

Quoting forexlion

Disliked

nope, not yet

i never go against 1 hour charts

Ignored

plus my 1 min tail is below 0 line, so there is no question of going short as yet

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Post #178,444
Quote
Oct 23, 2009 2:40am Oct 23, 2009 2:40am

cesararr
| Joined Sep 2009 | Status: Member | 107 Posts

Quoting forexlion

Disliked

nope, not yet

i never go against 1 hour charts

Ignored

acording to 1h , is long way to confirm short singal.

im right?

thanks.

Post #178,445
Quote
Oct 23, 2009 2:42am Oct 23, 2009 2:42am

mloistianto
| Joined May 2009 | Status: Member | 1,795 Posts

Quoting forexlion

Disliked

nope, not yet

i never go against 1 hour charts

Ignored

He is right. He is just initiating a down movement. but no sign of crash, just not yet.

Post #178,446
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Oct 23, 2009 2:44am Oct 23, 2009 2:44am

ayseaf
| Joined Jul 2009 | Status: Member | 28 Posts

I am already in short from 6640

Post #178,447
Quote
Oct 23, 2009 2:45am Oct 23, 2009 2:45am

Xtravaganz
| Joined Sep 2009 | Status: it's not a bug, it's a feature | 170 Posts

Quoting forexlion

Disliked

to meet her
http://tinyurl.com/ykrg3f6

[url protected for forum ethics, open only if you are over 18]

Ignored

heyho. Why over 18 ? Is a simple pic u can see it overall on magazine on posters etc

Bah, 19 pips missed my pending order for short.

Post #178,448
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Oct 23, 2009 2:47am Oct 23, 2009 2:47am

Reznik
| Joined May 2009 | Status: Smart Money Guy | 546 Posts

It was like a Dream... To Cable goes up a again. "The Trend is your Friend"

Please do take note the trend is upward... So to the newbies do not anticipate the end of a run till U see. Or better still sit it out. Thanks

Post #178,449
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Oct 23, 2009 2:49am Oct 23, 2009 2:49am

ayseaf
| Joined Jul 2009 | Status: Member | 28 Posts

i put my order to long at 1.6680

Post #178,450
Quote
Oct 23, 2009 2:52am Oct 23, 2009 2:52am

cesararr
| Joined Sep 2009 | Status: Member | 107 Posts

Quoting Reznik

Disliked

It was like a Dream... To Cable goes up a again. "The Trend is your Friend"

Please do take note the trend is upward... So to the newbies do not anticipate the end of a run till U see. Or better still sit it out. Thanks

Ignored

i totally agree whit you , but alot of comments make a newbie like me get a little confuse, ..

i think need continue on demo untill get more experience and learn to follow the trend....

Post #178,451
Quote
Oct 23, 2009 3:06am Oct 23, 2009 3:06am

cesararr
| Joined Sep 2009 | Status: Member | 107 Posts

Quoting forexlion

Disliked

plus my 1 min tail is below 0 line, so there is no question of going short as yet

Ignored

how is exactly the tail?

Post #178,452
Quote
Oct 23, 2009 3:08am Oct 23, 2009 3:08am

bbmac
Joined Jul 2007 | Status: Member | 5,392 Posts

76.4% fib fan of the 7044-5707 drop and the base of the prev sw hi=prev res=potential res zone on the daily t/f provding the asian/overnight session resistance. 76.4% fib retrace level of same move is deeper in the zone.
G/L
http://i37.tinypic.com/1zlu8bc.gif

ex member

Post #178,453
Quote
Oct 23, 2009 3:13am Oct 23, 2009 3:13am

seliverstov8
| Joined Oct 2009 | Status: Captain Obvious will save us | 51 Posts

very sad but truth
another (4) depo fail
now demo n study again
think i lost somthing very important on my trades... oh yeah, the trend ! that is it

ohh.... my bucks...

Post #178,454
Quote
Oct 23, 2009 3:16am Oct 23, 2009 3:16am

forexlion
| Additional Username | Joined Sep 2009 | 8,623 Posts

Quoting Xtravaganz

Disliked

heyho. Why over 18 ? Is a simple pic u can see it overall on magazine on posters etc

Bah, 19 pips missed my pending order for short.

Ignored

18 is a bait, to make sure the person opens it

Post #178,455
Quote
Oct 23, 2009 3:18am Oct 23, 2009 3:18am

forexlion
| Additional Username | Joined Sep 2009 | 8,623 Posts

Quoting cesararr

Disliked

how is exactly the tail?

Ignored

Attached File

forexlion's tail.ex4 5 KB | 214 downloads

Post #178,456
Quote
Oct 23, 2009 3:20am Oct 23, 2009 3:20am

mloistianto
| Joined May 2009 | Status: Member | 1,795 Posts

Quoting seliverstov8

Disliked

very sad but truth
another (4) depo fail
now demo n study again
think i lost somthing very important on my trades... oh yeah, the trend ! that is it

ohh.... my bucks...

Ignored

Try not to picking the top mate..

Post #178,457
Quote
Oct 23, 2009 3:25am Oct 23, 2009 3:25am

Xtravaganz
| Joined Sep 2009 | Status: it's not a bug, it's a feature | 170 Posts

BOE’s Dale: Says challenge for future will be pace at which we withdraw QE

Written by Gerry Davies
October 23, 2009 at 06:48 GMT

Blimey BOE official talking about the eventual withdrawal of QE. Cable ticks higher, presently at 1.6650. EUR/GBP lower, flirting with psychological .9000.
Spencer Dale told Aberdeen’s Press and Journal “A challenge for the future will be the pace at which we withdraw the exceptional stimulus of the 175 bln pounds of quantitative easing the Bank of England has provided” adding “we will have to take things month by month while keeping an eye on inflation.”

BOE’s Posen: Says going to have to reverse extreme policy measures in medium term

Written by Gerry Davies
October 23, 2009 at 07:15 GMT

The boys are out in force this morning.
Bank of England’s Adam Posen has told BBC radio Scotland “In the medium term, meaning more than six months out, there’s no question that we’re going to have to reverse the extreme policy measures that we took.” However the offical said policymakers were being very cautious saying “The reason for very in very cautious is because there are high stakes involved. It’s not because things are that knife-edge or that uncertain but it’s that you don’t want to make a big mistake.”

Post #178,458
Quote
Oct 23, 2009 3:25am Oct 23, 2009 3:25am

cesararr
| Joined Sep 2009 | Status: Member | 107 Posts

Quoting forexlion

Disliked

.

Ignored

sorry for take your time, but how when the tail give you a signal to go short?

tahanks.

Post #178,459
Quote
Oct 23, 2009 3:27am Oct 23, 2009 3:27am

Islander
Joined Jan 2007 | Status: Member | 11,550 Posts

Overnight the Euro put in a higher high - by 10 pips and Swissy a lower low - by 2 pips! Cable's higher high was up 44 pips and came at todays R1 level of 6679.

Recent support has been around the days open level of 6625 and my last trade was a long off that area, looking to see if it can return to the R1 area, or if we get a pull back first. The 6600 level or the DP at 6580 would be the logical levels for any pull back......TWT

Lat month's high was at 6750 and this remains in play until a daily reversal.

Trading Levels with WRBs & Aggressive, Volatile Volume

Post #178,460
Quote
Oct 23, 2009 3:29am Oct 23, 2009 3:29am

Islander
Joined Jan 2007 | Status: Member | 11,550 Posts

A nice post by Eulogy - I couldn't have put it better - thanks E http://cdn.forexfactory.com/images/icons/icon7.gif

I'm cautioning everyone be careful here. Games are being played here as in about 4.5 hours time there's gonna be a huge wild card being played. If the GDP figure comes out positive then we'll have some justification for the recent surge in the GBP. If it comes out slightly negative do not be surprised that the GBP takes a quick tumble. If it comes out below the previous -0.6% then expect Cable to take a massive hit possibly all the way back down below 1.58 before the close of the week.

Trading Levels with WRBs & Aggressive, Volatile Volume