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Cable Update (GBPUSD)

  • #179,481
  • Oct 28, 2009 11:49am Oct 28, 2009 11:49am
GBP/USD just made a new high. Enjoy the pips.

Neo
  • #179,482
  • Oct 28, 2009 11:49am Oct 28, 2009 11:49am
Good day to you,

We are actually sitting in the middle of nowhere..... either way is very possible. 6 months of no real direction.

Sooo....

Where will we be going?
Attached Image (click to enlarge)
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  • #179,483
  • Oct 28, 2009 11:49am Oct 28, 2009 11:49am
man look at the crosss
  • #179,484
  • Oct 28, 2009 11:53am Oct 28, 2009 11:53am
What is keeping this GBP from droping. Blows my mind...
  • #179,485
  • Oct 28, 2009 11:54am Oct 28, 2009 11:54am
Quoting kill
man look at the crosss
Yes, what a way to spend Easter
  • #179,486
  • Oct 28, 2009 11:55am Oct 28, 2009 11:55am
Quoting kill
true bro this time we wanna smash the head she should go down
I didn't know we were mugging the GU, I thought we were trading it.
  • #179,487
  • Oct 28, 2009 11:58am Oct 28, 2009 11:58am
the market is screwed..

euro is falling, gold is falling, USDX is going up and cable is going up????
  • #179,488
  • Oct 28, 2009 11:58am Oct 28, 2009 11:58am
Quoting Fudomyo
I didn't know we were mugging the GU, I thought we were trading it...


man i wana kill the b;;;;;;h
  • #179,489
  • Oct 28, 2009 11:58am Oct 28, 2009 11:58am
Quoting wormboy
welcome back dollar bulls
Bingo.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.JPG Size: 70 KB
Thank You
  • #179,490
  • Oct 28, 2009 12:00pm Oct 28, 2009 12:00pm
Quoting wormboy
Bingo.
i hear yah but we moving up
  • #179,491
  • Oct 28, 2009 12:00pm Oct 28, 2009 12:00pm
Exit square...I think I gunna wait for confirmation...toooooo crazy right now!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #179,492
  • Edited 12:05pm Oct 28, 2009 12:01pm | Edited 12:05pm
Quoting allserene
Yes, what a way to spend Easter

bro spend easter ????? holand willbe nice a lot of hash there
  • #179,493
  • Oct 28, 2009 12:05pm Oct 28, 2009 12:05pm
Quoting nAVIN2007
i hear yah but we moving up
no reason to just wait for this slug to move brother
eu, ey & dragon had been awesome to trade

p/s : remember how far back we talked about the usdx & eurox divergence ... big gains there
Thank You
  • #179,494
  • Oct 28, 2009 12:06pm Oct 28, 2009 12:06pm
Made 74 pips long using 30 mins then jumped ship on my 38.2 fib level. A roller coaster ride.
  • #179,495
  • Oct 28, 2009 12:07pm Oct 28, 2009 12:07pm
Good day to you,

We should now start getting some speed north - or rather purpose....

Acceleration of some sort... I hope

Regards
  • #179,496
  • Oct 28, 2009 12:07pm Oct 28, 2009 12:07pm
It would seem to me, we are playing almost the exact inverse as yesterday.

Time wise a couple hours off, but I would bet we consolidate here for a while, and then see the direction over the next couple hours. If plays exact as yesterday, direction will be down.

BUT

4HR above 24ma on my charts, thats a bull chart, going to play it according to that rather than a guess....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #179,497
  • Oct 28, 2009 12:08pm Oct 28, 2009 12:08pm
Quoting wormboy
Bingo.

Hi Wormboy,

Are traders just chopping wood before we resume south train?
  • #179,498
  • Oct 28, 2009 12:13pm Oct 28, 2009 12:13pm
Quoting wormboy
no reason to just wait for this slug to move brother
eu, ey & dragon had been awesome to trade

p/s : remember how far back we talked about the usdx & eurox divergence ... big gains there

yes i noticed bro..nice moves
  • #179,499
  • Oct 28, 2009 12:14pm Oct 28, 2009 12:14pm
Quoting nAVIN2007
the market is screwed..

euro is falling, gold is falling, USDX is going up and cable is going up????
Hi Nav,

Usdx is comprised of 57.6% euro....so the moves there always mirror each other...

gold is priced in dollars & not sterling...again there you have it....

look at e/u & e/g and cable.....and you'll notice that pound sterling and euro are truely two different currencies and hence do their own thing....otherwise sterling would be in the common currency system.....

so it all makes perfect sense brother....
Hear the music before the song is over ...
  • #179,500
  • Oct 28, 2009 12:16pm Oct 28, 2009 12:16pm
Quoting TauTrader
Good day to you,

We should now start getting some speed north - or rather purpose....

Acceleration of some sort... I hope

Regards
Our targets are reached for now. I am gonna try again tomorrow. Hope to see you here.
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