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Cable Update (GBPUSD)

  • #187,961
  • Dec 16, 2009 11:26pm Dec 16, 2009 11:26pm
Quoting yinbyungheon
kaboom is on the go...1.622x is going to break

You sure about that? 30 min MACD is showing bullish divergence.

Im long from 6242...... and headed higher.
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  • #187,962
  • Dec 16, 2009 11:35pm Dec 16, 2009 11:35pm
for those usd bears....


see you gu and eu ... usd super cycle buy coming down the pipe line

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Blogging daily now at www.volume.zone
  • #187,963
  • Dec 16, 2009 11:46pm Dec 16, 2009 11:46pm
USD bears here??? Lol throw that bias away in the garbage...I wonder how long it will take to see that usd is raising.

Sold AUDUSD from 0.8985 level here. I'm waiting a break of the support trendline to sell Cable.
"Hate the sin, love the sinner." - Gandhi
  • #187,964
  • Dec 16, 2009 11:49pm Dec 16, 2009 11:49pm
Quoting joemiami
You sure about that? 30 min MACD is showing bullish divergence.

Im long from 6242...... and headed higher.
im not sure...but always get ready if GU still not break that point...
  • #187,965
  • Dec 16, 2009 11:53pm Dec 16, 2009 11:53pm
My 2 cents on GBPU, already got sell signal but because of the last days choppy market i'm waiting a trendline break.
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"Hate the sin, love the sinner." - Gandhi
  • #187,966
  • Dec 16, 2009 11:57pm Dec 16, 2009 11:57pm
Quoting TheGabriel
My 2 cents on GBPU, already got sell signal but because of the last days choppy market i'm waiting a trendline break.
Hey, can you tell me what is that "indicator" you have there that shows the probability etc. What time frame are you using mostly?

edit: oh, i founded it on the forex-tsd: http://www.forex-tsd.com/commercial-...ity-meter.html
  • #187,967
  • Dec 17, 2009 12:04am Dec 17, 2009 12:04am
I don't use the indicator for entry/exits, just to see if it agrees with the trend I'm seeing. I use 4H, Daily and hourly charts.
"Hate the sin, love the sinner." - Gandhi
  • #187,968
  • Dec 17, 2009 12:18am Dec 17, 2009 12:18am
Lets see if the 1.6231 support goes...
  • #187,969
  • Dec 17, 2009 12:36am Dec 17, 2009 12:36am
I took profit from the AUD trade and looks like GBPU will retrace aswell with EurUsd. I'm seeing some withdrawals from the volume at the moment.
"Hate the sin, love the sinner." - Gandhi
  • #187,970
  • Dec 17, 2009 12:53am Dec 17, 2009 12:53am
I am long @ 6237 TP 6277

I think if news good today also we will go to 63xx again
  • #187,971
  • Dec 17, 2009 12:54am Dec 17, 2009 12:54am
how`s that EUR/GBP (hammer on H4 TF now) going down as well as GPB/USD?? and what does dollar so strong? I think cable goes up, but ....

buylimit at 6230 with tight stoploss
  • #187,972
  • Dec 17, 2009 12:58am Dec 17, 2009 12:58am
And what makes the Euro strong? Deficits and problem with Austria's banks and Greece's economy? Actually BOTH Euro and Dollar are WEAK and the Up move on Euro is more of self-sustained by Asians buying euro because dollar is too unstable and they're changing their reserves from dollars to euros (that's why they bought euro like mads at 1.45 to keep it up).

To me:
Euro economy weak
Usa economy weak, but right now picking up a bit (that doesn't mean out of recession).
"Hate the sin, love the sinner." - Gandhi
  • #187,973
  • Dec 17, 2009 1:05am Dec 17, 2009 1:05am
Quoting yinbyungheon
kaboom is on the go...1.622x is going to break
  • #187,974
  • Dec 17, 2009 1:09am Dec 17, 2009 1:09am
6220 must held!! till london`s open.. that will save us... (or at at least me )
  • #187,975
  • Dec 17, 2009 1:13am Dec 17, 2009 1:13am
Quoting yinbyungheon
YES
"Hate the sin, love the sinner." - Gandhi
  • #187,976
  • Dec 17, 2009 1:19am Dec 17, 2009 1:19am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
if the EUR/USD is over extended which might lead to a nice pullback, the fact taht we're sitting on support right now, anyone interested in a counter trend long?
  • #187,977
  • Dec 17, 2009 1:29am Dec 17, 2009 1:29am
Quoting jaboo
if the EUR/USD is over extended which might lead to a nice pullback, the fact taht we're sitting on support right now, anyone interested in a counter trend long?

why ?

last night it took eu 12 hour to go up 80 pip

since it took it 8 hours to drop 200

like losing money do you ....

trade with the trend not against .. you will still be trading in 5 years
Blogging daily now at www.volume.zone
  • #187,978
  • Dec 17, 2009 1:30am Dec 17, 2009 1:30am
Hello,

Could we see 1.61 today?

atheer1
atheer1
  • #187,979
  • Dec 17, 2009 1:45am Dec 17, 2009 1:45am
Hello,

1.6150 will be possible if London punch 1.6192.

Agree with me?

atheer1
atheer1
  • #187,980
  • Dec 17, 2009 1:48am Dec 17, 2009 1:48am
hi I to am looking to 1.6150, short 1,6250
" When the ship starts to sink, don't just pray. JUMP "
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