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Cable Update (GBPUSD)

  • #178,801
  • Oct 26, 2009 12:27am Oct 26, 2009 12:27am
GBP should bounce at least 100 pips or more from 1.6250 area. Anyone long now?
  • #178,802
  • Oct 26, 2009 12:33am Oct 26, 2009 12:33am
Quoting grashid
The way I saw Daily GU..make me start of my trailing atm...will take take it back in London-US...
AoA,

Nice Work Man.

Rashid, do you see cable to move till 6430 before being more bearish?
Enter Signature
  • #178,803
  • Oct 26, 2009 12:37am Oct 26, 2009 12:37am
Quoting basitata
AoA,

Nice Work Man.

Rashid, do you see cable to move till 6430 before being more bearish?
no..I saw max 6410/20...however watch out at 6350-6380 area...good luck

P/S: i could be wrong..so watch all ur TF especially ur M5/M15 vs H4/D1....
  • #178,804
  • Oct 26, 2009 12:40am Oct 26, 2009 12:40am
Quoting fxfei
GBP should bounce at least 100 pips or more from 1.6250 area. Anyone long now?
I love to see yes to 1.6410 bro
  • #178,805
  • Oct 26, 2009 12:41am Oct 26, 2009 12:41am
Quoting deryworlds
I love to see yes to 1.6410 bro
are you all mad?
TRADE FOR SWAP
  • #178,806
  • Oct 26, 2009 12:48am Oct 26, 2009 12:48am
Quoting cgldsmth
are you all mad?
To be fair 6270 did provide good support previously. Not saying that it won't go when london kicks off later.
Thank You
  • #178,807
  • Oct 26, 2009 1:21am Oct 26, 2009 1:21am
Good day U'all. But a little retracement is all we needed last friday trade session. And today we see us going to the 1.6536 region... Yes! upward cause my count tell after a correction, then wave1 (Up), wave2(Down) and finally wave3(Up)... It so funny wave3 is very LONG, LONG...


My take, sit it out and wait for a good signal. Click once and sit and watch "Green get banked for U". Me, I wait...

To 1.65.... a retracement down continuing the Downward Trend
To 1.67.... a good run for the Upward Trend.

Thanks. Goodluck U'all.
  • #178,808
  • Oct 26, 2009 1:21am Oct 26, 2009 1:21am
Hello Guys.
Watch 1.6370-80 level if not breaking then it will be time to short again..
for another ride till 1.6130 level

Trade.Wisely
Don't compare your Trades with Others
  • #178,809
  • Oct 26, 2009 1:30am Oct 26, 2009 1:30am
last week it went up for technical as well as fundamental (?) reasons. apparently the fundamental part is but mostly due to an optimistic outlook or a positive speculatio. last friday it corrected for both technical and fundamental reasons, too. but this time the fundamental part is the reality that the GDP for the Q3 has gone worse. technically it should continue to go down for today. is there a fundamental reason why it should not?
  • #178,810
  • Oct 26, 2009 1:31am Oct 26, 2009 1:31am
To 1.65.... a retracement down continuing the Downward Trend
To 1.67.... a good run for the Upward Trend.


Today's very crucial to enforcing which direction is this week Trend... Just remember the "Trend is your Friend". Goodluck...
  • #178,811
  • Oct 26, 2009 1:59am Oct 26, 2009 1:59am
I will sell @ 6391 Take profit at 6375 with 5lot
  • #178,812
  • Oct 26, 2009 2:07am Oct 26, 2009 2:07am
Quoting Wincent
I will sell @ 6391 Take profit at 6375 with 5lot
y not LONG 1.5 lot now to ur short area....better than ur 5 lot short ?
  • #178,813
  • Oct 26, 2009 2:08am Oct 26, 2009 2:08am
Critical Level.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 4hourgbpusd.gif Size: 19 KB
ABCD..
  • #178,814
  • Oct 26, 2009 2:12am Oct 26, 2009 2:12am
Quoting athahira
y not LONG 1.5 lot now to ur short area....better than ur 5 lot short ?

trend is down .. that is why

1.5800 target ....

Attached Image (click to enlarge)
Click to Enlarge Name: chart956.png Size: 193 KB
Blogging daily now at www.volume.zone
  • #178,815
  • Oct 26, 2009 2:19am Oct 26, 2009 2:19am
Need to break 6249-6230 to confirm downside.
Need to break 6355-6364 to confirm upside.

Also I got a wolf in 4 hour chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpdaily.gif Size: 23 KB
ABCD..
  • #178,816
  • Oct 26, 2009 2:22am Oct 26, 2009 2:22am
Looking at hour candles, Long to 1.6400
  • #178,817
  • Oct 26, 2009 2:26am Oct 26, 2009 2:26am
Quoting athahira
y not LONG 1.5 lot now to ur short area....better than ur 5 lot short ?
very good question ..
unless he hold his last week short and will add at that point lol
  • #178,818
  • Oct 26, 2009 2:28am Oct 26, 2009 2:28am
Quoting LetsTrade
Looking at hour candles, Long to 1.6400
First post that made sense all day
  • #178,819
  • Oct 26, 2009 2:38am Oct 26, 2009 2:38am
out both GU&GY for this Oct'09 month...
fuhh...tripple profit mainly contributed from this std account (new record since Apr 09)

perhaps am looking for my short setting in my mini tomorrow...otherwise see all of you next NFP

Good luck to all...chow
Attached Image (click to enlarge)
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  • #178,820
  • Oct 26, 2009 2:39am Oct 26, 2009 2:39am
Quoting malcolmb14
trend is down .. that is why

1.5800 target ....
i was only questioning his TP ...


Originally Posted by Wincent http://cdn.forexfactory.com/images/buttons/viewpost.gif
I will sell @ 6391 Take profit at 6375 with 5lo
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