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Cable Update (GBPUSD)

  • #178,641
  • Oct 23, 2009 10:01am Oct 23, 2009 10:01am
Quoting TauTrader
Good day to you,

You are not "completely wrong" - you are 100% correct. A 100 pip tolerance will see you profit..

My highest regards

do you mean , cable will go up again??

thanks.
  • #178,642
  • Oct 23, 2009 10:06am Oct 23, 2009 10:06am
@ 1.6315

Why stop there? The 50 fib and a nice
round number at 1.6200 is beckoning us.

Dr. D.
Attached Image
  • #178,643
  • Oct 23, 2009 10:17am Oct 23, 2009 10:17am
Quoting cesararr
do you mean , cable will go up again??

thanks.
Good day to you,

Yes - we will go up again. The question is - from where?

Conservatively, I see a retrace back up from 1.6281 - on Monday. We are heading down, longer term. But we will retrace first. 1.6281 is the weekly opening price. This should form strong support. As we also have 1.6287 in confluence here - the September opening price.

So - the perfect entry will be a bounce from these levels... But PATIENCE will be the key.

Regards
  • #178,644
  • Oct 23, 2009 10:19am Oct 23, 2009 10:19am
Quoting direct-trade
Entered a risky Long here at 16350 area to take out the weak shorts.

Charts etc:

http://www.forexfactory.com/showpost...&postcount=218

I could be completely wrong, hence tight SL.
how tight is ur SL??
i think it is hit by now...

Sonic
  • #178,645
  • Oct 23, 2009 10:26am Oct 23, 2009 10:26am
room the drinks on me if we crossss 16300
  • #178,646
  • Oct 23, 2009 10:28am Oct 23, 2009 10:28am
Quoting sonicdeejay
how tight is ur SL??
i think it is hit by now...

Sonic
i think 1.6000 is a tight SL
  • #178,647
  • Oct 23, 2009 10:31am Oct 23, 2009 10:31am
Quoting forexlion
i think 1.6000 is a tight SL
bro that's too dam tight
  • #178,648
  • Oct 23, 2009 10:31am Oct 23, 2009 10:31am
the best way is u forget the long way by gbp for a longer time.
When u have again good fundamental news than u can go the long way.
But now is a little comeback ( or higher ) from the $. We will c next week more when we get the BIP Result.
  • #178,649
  • Oct 23, 2009 10:32am Oct 23, 2009 10:32am
Quoting GlobalMacro
This To My Playaz In Da House Here:

Every Time That Mofo Freak >Within< Creeps Up Its Ugly Head...

Tell 'Em To Shut Up & Go To Hell...... Keep Your Focus On Your Goal, Friends....& Remember Why Ya'll Are In This Game In The First Place...

Look At The Bright Side & Stay Positive....

Like Chamillionaire says, Get Your Shine ON!

HAVE A FANTASTIC WEEKEND EVERYBODY!
Cheer Up & Enjoy!
nice

Inserted Video
  • #178,650
  • Oct 23, 2009 10:36am Oct 23, 2009 10:36am
.. the break ?!
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  • #178,651
  • Oct 23, 2009 10:47am Oct 23, 2009 10:47am
Aside from the 38.2 fib retrace....

Remember, this zone was a barrier coming up
and may again act as a strong level to penetrate.

1.6330 - 1.6360

Dr. D.
Attached Image
  • #178,652
  • Oct 23, 2009 10:50am Oct 23, 2009 10:50am
Quoting sonicdeejay
how tight is ur SL??
i think it is hit by now...

Sonic
http://www.forexfactory.com/showpost...&postcount=218


Trade still alive.
  • #178,653
  • Oct 23, 2009 10:55am Oct 23, 2009 10:55am
There is a bullish divergence on the 1H chart so it could be a good place to go long now.
{Promotion Removed}
  • #178,654
  • Oct 23, 2009 11:07am Oct 23, 2009 11:07am
Good day to you,

This is how you pick the swings.....

Finished for the day. See you Monday.

Regards
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  • #178,655
  • Oct 23, 2009 11:09am Oct 23, 2009 11:09am
anbody help me on ej please , i'am currently short
from upper trend line .Please comment .
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  • #178,656
  • Oct 23, 2009 11:17am Oct 23, 2009 11:17am
Quoting Xtravaganz
... there is NO reason why G/U will go up. Or $ get extrem weaker. But that u can forget. It will drop more and more . I wish a great weekend.

Greetz Xtra

LOL - another "cast in stone opinion" ........so I guess that you are a big bank trader with years of experience and have other "big dog" friends who want to keep the fall going without a pull back to relaod......that's possible, but is it probable? Either way, all we little guys can do is follow our charts......its time for a beer.....http://cdn.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
  • #178,657
  • Oct 23, 2009 11:20am Oct 23, 2009 11:20am
Quoting honeybhi
anbody help me on ej please , i'am currently short
from upper trend line .Please comment .
Good day to you,

If you have entered short from the UTL, you have picked a very good entry...

1.3760 by close today

regards
  • #178,658
  • Oct 23, 2009 11:22am Oct 23, 2009 11:22am
Quoting honeybhi
anbody help me on ej please , i'am currently short
from upper trend line .Please comment .
ur not alone.

Entry: 138.15
SL: 138.50
  • #178,659
  • Oct 23, 2009 11:29am Oct 23, 2009 11:29am
Is 1.5300 back on the table for this decade?...
  • #178,660
  • Oct 23, 2009 11:31am Oct 23, 2009 11:31am
Quoting Xtravaganz
ur not alone.

Entry: 138.15
SL: 138.50
Just looked at the chart...Thanks fer the heads up!

Took a short @ 138.21!

Gotta fly for the day, would you guys mind dropping this bitch like GBP over the next few hours please...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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