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Cable Update (GBPUSD)

  • #184,481
  • Nov 24, 2009 9:17am Nov 24, 2009 9:17am
Quoting mloistianto
Hi, long time not posting... SHort.. have some shorts actually... i dont have time to post chart. but i will add a pic later.. according to TL.. this is a valid short. good luck people who adding long.. may God always be with u.. hopefully.
for longers...dont lose hope... LOL.. no no no Just kidding.. i know nothing.. really.. i swear...
  • #184,482
  • Nov 24, 2009 9:20am Nov 24, 2009 9:20am
Quoting Fudomyo


If UTL holds, we drop from here.
but becarefull as well mate as i can make a joke on her...look like i need to see how today close befoe start my next setting....

am just close all my 10 sen short dummy for GU n 1 lot for GY n GZ and look like london close-tomorow asian open will be good for my next setting...

I need to see how today close first..still ranging or make some move....

p/s: check ur H4/daily and weekly

Good luck mate n catch u later tomorrow asian
  • #184,483
  • Nov 24, 2009 9:22am Nov 24, 2009 9:22am
Quoting Fudomyo
We haven't had a close above DPP in 13 hours. Current support now the 23% 1656. Baseline support at MS2 1650 9.78%. A 1H close below LTL then expect a bigger move down, above DPP we head north. In the meantime nice range to trade since the market's undecided.
  • #184,484
  • Nov 24, 2009 9:24am Nov 24, 2009 9:24am
Quoting moosley
short again gu 4h, small size here, waiting vola
http://www.qtl.co.il/img/copy.pnghttp://www.google.com/favicon.icohttp://www.urbandictionary.com/favicon.icohttp://www.babylon.com/favicon.ico
gain here...now i'm out
  • #184,485
  • Nov 24, 2009 9:27am Nov 24, 2009 9:27am
Quoting FXAdvice
as i said in couple posts before sell wave started
Yes, I saw you had posted "sell wave" before the move up.
Did you hold on to your short?
  • #184,486
  • Nov 24, 2009 9:29am Nov 24, 2009 9:29am
Quoting grashid
but becarefull as well mate as i can make a joke on her...look like i need to see how today close befoe start my next setting....

am just close all my 10 sen short dummy for GU n 1 lot for GY n GZ and look like london close-tomorow asian open will be good for my next setting...

I need to see how today close first..still ranging or make some move....

p/s: check ur H4/daily and weekly

Good luck mate n catch u later tomorrow asian
always careful.

actually I closed my short at the POC 1653. Just taking small trades today until this PA is sorted.

catch you tomorrow mate.
  • #184,487
  • Nov 24, 2009 9:32am Nov 24, 2009 9:32am
Quoting Fudomyo
Yes, I saw you had posted "sell wave" before the move up.
Did you hold on to your short?
yes it free risk now , also i got +100 pips last night as i wrote on my journal.
we have BOE king speak in front, he will start firing keep your head down...
  • #184,488
  • Nov 24, 2009 9:33am Nov 24, 2009 9:33am
gbp/usd is going to go crazy in few minutes time....
  • #184,489
  • Nov 24, 2009 9:38am Nov 24, 2009 9:38am
Fundamental already discounted into the price
"The trend is your friend, until the end."
  • #184,490
  • Nov 24, 2009 9:38am Nov 24, 2009 9:38am
Quoting FXAdvice
yes it free risk now , also i got +100 pips last night as i wrote on my journal.
that's nice

actually, I don't usually talk about calls or winnings, more interested in people's analysis. do you post your charts on your journal or can you share them here too?

that would be great.
  • #184,491
  • Nov 24, 2009 9:38am Nov 24, 2009 9:38am
Quoting navhin
gbp/usd is going to go crazy in few minutes time....
its between 1.6580 and 1.6500 ... waiting for market decision,
  • #184,492
  • Nov 24, 2009 9:41am Nov 24, 2009 9:41am
Quoting Fudomyo
that's nice actually, I don't usually talk about calls or winnings, more interested in people's analysis. do you post your charts on your journal or can you share them here too? that would be great.
I posted a lot of charts on my journal and will post here too, but i don't use any indicator only look on M15 - H1 - H4 - Daily charts and figure out where the pairs want to go, also some price action and my experience...
  • #184,493
  • Nov 24, 2009 9:49am Nov 24, 2009 9:49am
take a look on this chart maybe help you to find some light...

Attached Image (click to enlarge)
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  • #184,494
  • Nov 24, 2009 10:11am Nov 24, 2009 10:11am
Quoting FXAdvice
I posted a lot of charts on my journal and will post here too, but i don't use any indicator only look on M15 - H1 - H4 - Daily charts and figure out where the pairs want to go, also some price action and my experience...
that's excellent.

Looks like BOE statements are hawkish.
  • #184,495
  • Nov 24, 2009 10:28am Nov 24, 2009 10:28am
Quoting Fudomyo
that's excellent.

Looks like BOE statements are hawkish.
yeah but FOMC remain...
  • #184,496
  • Nov 24, 2009 10:32am Nov 24, 2009 10:32am
My only comment about cable at the moment is I don't like the last 3 4hr candles. I prefer to trade out of a range rather than within-just me but I know some of you clean up with scalps. This is an old channel study-red daily, blue 4hr, green 1hr. The 1hr channel is fairly easy to break-no big deal. I trade what I see and until price picks a direction I will stand aside or trade other pairs.

Grashid, love your new thread!
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  • #184,497
  • Nov 24, 2009 11:06am Nov 24, 2009 11:06am
Quoting calderone
My only comment about cable at the moment is I don't like the last 3 4hr candles. I prefer to trade out of a range rather than within-just me but I know some of you clean up with scalps. This is an old channel study-red daily, blue 4hr, green 1hr. The 1hr channel is fairly easy to break-no big deal. I trade what I see and until price picks a direction I will stand aside or trade other pairs.

Grashid, love your new thread!
Excellent chart and explanation

Got a long on the 15M chart and speculating that the DOW and cable will progess upward a bit - No big deal it's only small stuff
  • #184,498
  • Nov 24, 2009 11:25am Nov 24, 2009 11:25am
Hmm the fed minutes are going to be interesting. I wonder what direction they will effect the pound.
  • #184,499
  • Nov 24, 2009 11:27am Nov 24, 2009 11:27am
Quoting alex1976
does anyone think this could be another inside day?

Like I said 11 hours ago, looks like another inside day.

  • #184,500
  • Nov 24, 2009 1:27pm Nov 24, 2009 1:27pm
I think the wave 5 has been started.
may be right, may be wrong.
good luck everyone.
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