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Cable Update (GBPUSD)

  • #180,681
  • Nov 4, 2009 3:46am Nov 4, 2009 3:46am
Quoting Bull_Bear
sell 1.6475... SL .. 1.6575... TP .. 1.6180
I would be very very careful with shorts now
  • #180,682
  • Nov 4, 2009 3:48am Nov 4, 2009 3:48am
no matter what the results were the pros were gonna push it up anyway most likely!! They see exactly what we see and think hmmm...we see the H/S pattern and they do too. What can we do to shake those shorts out before we drop it. My new strategy is to go long if it looks like it's gonna drop and then go short once it does.
  • #180,683
  • Nov 4, 2009 3:49am Nov 4, 2009 3:49am
Hi guys...

Are we gonna see 1.66 anytime soon?
  • #180,684
  • Nov 4, 2009 3:51am Nov 4, 2009 3:51am
Positive Uk PMI services reaction extends the 1hr uptrend breeching the decsending 1hr and higher 4hr potential resistance trend line and 76.4% fib of the prev 6603-6260 move down. 100sma's are above 200 sma's on 5min - daily t/f now with macd signal lines generally pointing north 15min-4hr correct at time of writing.

G/L
ex member
  • #180,685
  • Nov 4, 2009 4:01am Nov 4, 2009 4:01am
Cable has frozen around the 1.6540 area inspite of the news in favour of it. Whats the reason behind it? lack of confidence in the pound? Or are we in for a free fall?
  • #180,686
  • Nov 4, 2009 4:08am Nov 4, 2009 4:08am
anyone use ichimoku cloud here? Daily chart start trading above the cloud, 4h, 1h, 30m, 15m also trading above the cloud. Meaning we are on the uptrend once again yihaaa...
  • #180,687
  • Nov 4, 2009 4:11am Nov 4, 2009 4:11am
Sorry for what happen with the news. I only let u know about news will come juat now and im not sure up or down. It just to alert somthing will come that all.
GELORE
  • #180,688
  • Edited 4:28am Nov 4, 2009 4:12am | Edited 4:28am
Will be shorting any 1h close below Trend line..
will be very good to short we are at top looking to my charts
just my 1pip advise carefull if you want to go long
macd is not helping this whole move last 4H chart
hope you guys green pips


1.6510 will be good to short
target canbe near 16370 again today we may see but i am expecting in new york session.

Take care..
Choose Wisely..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: short gu.gif Size: 25 KB
Click to Enlarge Name: short gu2.gif Size: 26 KB
Don't compare your Trades with Others
  • #180,689
  • Nov 4, 2009 4:14am Nov 4, 2009 4:14am


Quoting wormboy
winding up time .....















5300! BOO!
made ya look
  • #180,690
  • Nov 4, 2009 4:14am Nov 4, 2009 4:14am
What I am seeing is right??
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 20 KB
ABCD..
  • #180,691
  • Nov 4, 2009 4:19am Nov 4, 2009 4:19am
Quoting DubaiFX
Will be shorting any 1h close below Trend line..
1.6510 will be good to short
Same plan, exactly...
My edge ===> Patience
  • #180,692
  • Nov 4, 2009 4:22am Nov 4, 2009 4:22am
Sorry for what happen with the news. I only let u know about news will come juat now and im not sure up or down. It just to alert somthing will come that all.
GELORE
  • #180,693
  • Nov 4, 2009 4:22am Nov 4, 2009 4:22am
The sell interest at 1.6520/30 hardly proved any barrier at all as cable made it’s way to a session higher 1.6543. Talk now of more sell orders lined up at 1.6550 up through 1.6565.
EUR/GBP trading lower on day, down at .8922 from early .8960. Technical support of note now looms down at .8905/15.
EDIT: Talk Asian sovereign sold up around 1.6540.
  • #180,694
  • Nov 4, 2009 4:30am Nov 4, 2009 4:30am
Quoting 4Naomi
Naomi, cable is still ranging on larger TF, between 1.6737 and 1.5711 so until it break 1.6737 dont write provocative posts!!Anyway that was just his assuming where it could go! Nobody on this world can know all the time where the markets will go..right?

Happy trading!
scFX
  • #180,695
  • Nov 4, 2009 4:31am Nov 4, 2009 4:31am
Quoting Ben920FX
Same plan, exactly...
good bro but i should warn you i selofa t 1.6540 stop are 1.6010
first target will be 16370 second is open till 16055
we will see how it works

i may be wrong welll most the time im

take care..

Choose to trade Wisely..
Don't compare your Trades with Others
  • #180,696
  • Nov 4, 2009 4:34am Nov 4, 2009 4:34am
Quoting 4Naomi
u are a troll
  • #180,697
  • Nov 4, 2009 4:38am Nov 4, 2009 4:38am
Quoting nAVIN2007
u are a troll

hey bro what'z up

still in add some stop 16610

what about u
  • #180,698
  • Nov 4, 2009 4:39am Nov 4, 2009 4:39am
RSI on 30m 1hr and pretty much 4 hr suggests short but what do I know .. Not much that's evident.. just been taking scalps on longs but now .... i'm confused.
  • #180,699
  • Nov 4, 2009 4:40am Nov 4, 2009 4:40am
Quoting kill
hey bro what'z up

still in add some stop 16610

what about u
i aint adding shit...never know bro..

:nerd:
  • #180,700
  • Nov 4, 2009 4:43am Nov 4, 2009 4:43am
Quoting nAVIN2007
i aint adding shit...never know bro..

:nerd:

f the b;;;;h now i need 100pip from her and the dooomed eur then i will be
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