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Cable Update (GBPUSD)

  • #179,521
  • Oct 28, 2009 1:06pm Oct 28, 2009 1:06pm
Quoting Touchdown
Price respected bottom trend line as expected (and hoped). Lets see if 1.6433 level can hold as support now on the retrace. If not will take half and move SL to BE for the remaining half with TP at 1.6483.
See bearish divergence on MACD, closed all trades for some decent profit.
  • #179,522
  • Oct 28, 2009 1:10pm Oct 28, 2009 1:10pm
red carpet for the b;;;h down south she will tank like the eur
  • #179,523
  • Oct 28, 2009 1:13pm Oct 28, 2009 1:13pm
All aboard south train leaving the station!!
  • #179,524
  • Oct 28, 2009 1:15pm Oct 28, 2009 1:15pm
euro to retrace up and support GBP

euro has come too far too fast
  • #179,525
  • Oct 28, 2009 1:16pm Oct 28, 2009 1:16pm
wormboy salam bro do u see the eur going to 14500
  • #179,526
  • Oct 28, 2009 1:16pm Oct 28, 2009 1:16pm
I can see it going much lower. I could also see it going as high as August 5th, likely? I kind of doubt it but I don't know for sure. lol

I'm better off taking it a little bit at a time.
  • #179,527
  • Oct 28, 2009 1:18pm Oct 28, 2009 1:18pm
Quoting allserene
euro to retrace up and support GBP

euro has come too far too fast

bro if the doller break abve 0 fib we wull see the eur going south
  • #179,528
  • Oct 28, 2009 1:22pm Oct 28, 2009 1:22pm

1 of 1

EURO-DOLLAR: Bounce failed to regain $1.4750 area of earlier breakdown
stalling at $1.4745 as nearby sell level was approached. Pair back at
$1.4725 at writing still fragile with nearby targets at $1.4680 ;evel
tech and the strike of a sizeable expiry for Thursday`s NY cut.

10/28/2009 2:01:45 PM

EURO-DOLLAR
Bounce failed to regain $1.4750 area of.
  • #179,529
  • Oct 28, 2009 1:22pm Oct 28, 2009 1:22pm
Quoting kill
wormboy salam bro do u see the eur going to 14500
http://www.forexfactory.com/showpost...stcount=205873
  • #179,530
  • Oct 28, 2009 1:24pm Oct 28, 2009 1:24pm
Quoting kill
wormboy salam bro do u see the eur going to 14500
wsalam bro.

If the usdx meets the 76.6 level resistance & take it out then yes, it's possible 4500. Time will tell
As of now I'm just looking at 4675 to book.

hope you are doing well
Thank You
  • #179,531
  • Oct 28, 2009 1:26pm Oct 28, 2009 1:26pm
Quoting grashid
http://www.forexfactory.com/showpost...stcount=205873

bro keep the great work 100% right
  • #179,532
  • Oct 28, 2009 1:28pm Oct 28, 2009 1:28pm
I know it's might be dangerous but i buy 1.6396
  • #179,533
  • Oct 28, 2009 1:29pm Oct 28, 2009 1:29pm
Quoting kill
bro keep the great work 100% right
  • #179,534
  • Oct 28, 2009 1:32pm Oct 28, 2009 1:32pm
room take a look at the dow oil gold eur hell south is the only way to goooooooooooooooooo
  • #179,535
  • Oct 28, 2009 1:33pm Oct 28, 2009 1:33pm
Quoting egkid
I know it's might be dangerous but i buy 1.6396

bro hit and run lol
  • #179,536
  • Oct 28, 2009 1:40pm Oct 28, 2009 1:40pm
Quoting kill
bro hit and run lol
I promise if it goes against me this time i will do that in future
Now i will hold it
  • #179,537
  • Oct 28, 2009 1:44pm Oct 28, 2009 1:44pm
Guys is there a logical explanation what is happening to the pound?



we could disagree on anything, but certainly we will agree on the weakness of the GBP...



who is holding cable?
  • #179,538
  • Oct 28, 2009 1:47pm Oct 28, 2009 1:47pm
I think this is important chart so i thought to post for traders e/u here
Keep an eye on it
Attached Image (click to enlarge)
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  • #179,539
  • Oct 28, 2009 1:51pm Oct 28, 2009 1:51pm
Quoting egkid
I think this is important chart so i thought to post for traders e/u here
Keep an eye on it
Yes that it helpful. Totally missed that, CHEERS bro.
You've got to be IN IT to WIN IT!
  • #179,540
  • Oct 28, 2009 1:57pm Oct 28, 2009 1:57pm
Quoting egkid
I know it's might be dangerous but i buy 1.6396
chart here, My fault to use sl in previous trade chart was say up grrrr http://www.forexfactory.com/showthre...378&page=11969
And now i think 1.6374 became support and suppose if we continu up should close above 1.6435 otherwise......
Attached Image (click to enlarge)
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