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Cable Update (GBPUSD)

  • #179,681
  • Oct 29, 2009 5:41am Oct 29, 2009 5:41am
push higher n higher...as i need to chop as much as i can
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  • #179,682
  • Oct 29, 2009 5:46am Oct 29, 2009 5:46am
Quoting hafudo
wait and see....
be patient...
half way to go...
the sky won`t fall if we are wrong
Attachment

Hi hafudo!
what setting do you use 4 this ma on the chart?
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  • #179,683
  • Oct 29, 2009 5:47am Oct 29, 2009 5:47am
Quoting grashid
push higher n higher...as i need to chop as much as i can
LOL, the trend line was right.. i'm with u mate.. all along..
  • #179,684
  • Oct 29, 2009 6:00am Oct 29, 2009 6:00am
Quoting mloistianto
LOL, the trend line was right.. i'm with u mate.. all along..

better wait after GDP news.....
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  • #179,685
  • Oct 29, 2009 6:00am Oct 29, 2009 6:00am
Quoting grashid
push higher n higher...as i need to chop as much as i can
I'm with you let's push it higher
  • #179,686
  • Oct 29, 2009 6:01am Oct 29, 2009 6:01am
I may consider longs above 1.6470 if price can hold that level. As few have pointed out, there is a possible shampoo forming on 4hr and that could be reason for a no trade zone for me today. I'll watch news from U.S. and see what happens.

Good luck all.
  • #179,687
  • Oct 29, 2009 6:06am Oct 29, 2009 6:06am
End Correction
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  • #179,688
  • Oct 29, 2009 6:15am Oct 29, 2009 6:15am
My first order in at xx Lots at 1.6470 My Target is now 1.6100.
Let Price determine your future!
  • #179,689
  • Oct 29, 2009 6:17am Oct 29, 2009 6:17am
Waiting on news as well. If (when) we break above channel utl, 1.656 next target.

Possible pullback area here.
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  • #179,690
  • Oct 29, 2009 6:23am Oct 29, 2009 6:23am
Quoting Geppyg
My first order in at xx Lots at 1.6470 My Target is now 1.6100.
finally some xxx lots to push the mofo back down

i dunno how this went up so much after last week but we at a critical point point..may tank from this point assuming usdx picks up and this gbp finds a critical resistance
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  • #179,691
  • Oct 29, 2009 6:43am Oct 29, 2009 6:43am
my indicator turnin around saying to buy gu
  • #179,692
  • Oct 29, 2009 6:47am Oct 29, 2009 6:47am
GBP break out?
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  • #179,693
  • Oct 29, 2009 6:48am Oct 29, 2009 6:48am
quit of my trade with +48 pips than 70
due to upcoming news of USA dollar which is strong and expect
to make the GBP fall down

Take care Guys
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #179,694
  • Oct 29, 2009 6:49am Oct 29, 2009 6:49am
max supp zone reached.
Loaded selling for cable. Time will tell.
BBL good luck everyone

Earlier : http://www.forexfactory.com/showpost...stcount=179638
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Thank You
  • #179,695
  • Oct 29, 2009 6:49am Oct 29, 2009 6:49am
Quoting Geppyg
My first order in at xx Lots at 1.6470 My Target is now 1.6100.
  • #179,696
  • Oct 29, 2009 6:54am Oct 29, 2009 6:54am
- USDX broke above a Falling Wedge, so it likely to finish its 5th Wave or C Wave.

- My first target for USDX is 78.30 and secon target is 81.45.

- So can buy USDCAD, USDCHF; and sell EURUSD, AUDUSD.

Happy trading !!!

Quyen from Vietnam
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  • #179,697
  • Oct 29, 2009 6:58am Oct 29, 2009 6:58am
Looking for a nice short entry here and with a little luck this trade should be a profitable one.
  • #179,698
  • Oct 29, 2009 6:58am Oct 29, 2009 6:58am
Quoting negro wolf
quit of my trade with +48 pips than 70
due to upcoming news of USA dollar which is strong and expect
to make the GBP fall down

Take care Guys
Same here now i'm short! furthermore GU having a hard time reaching top.
  • #179,699
  • Edited 7:20am Oct 29, 2009 7:00am | Edited 7:20am
Quoting cannarek
yes, I agree I am in from 6395 and observing carefully
closed by hand at 6465 (68 pips IN)
  • #179,700
  • Oct 29, 2009 7:05am Oct 29, 2009 7:05am
4 touches on my upper channel line, no breach. Wait for news. Not thinking long unless we have a break above, look out below. trading what I see.

Good luck everyone!
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