Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#187,961
Dec 16, 2009 11:26pm Dec 16, 2009 11:26pm

joemiami
Joined Jan 2008 | Status: Pipaholics make better lovers ;) | 1,002 Posts

Quoting yinbyungheon

Disliked

kaboom is on the go...1.622x is going to break

Ignored

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

malcolmb14
Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts

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

TheGabriel
| Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts

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

yinbyungheon
| Joined Nov 2007 | Status: Trader | 49 Posts

Quoting joemiami

Disliked

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

Im long from 6242...... and headed higher.

Ignored

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

TheGabriel
| Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts

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

johto
| Membership Revoked | Joined Oct 2007 | 241 Posts

Quoting TheGabriel

Disliked

My 2 cents on GBPU, already got sell signal but because of the last days choppy market i'm waiting a trendline break.

Ignored

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

TheGabriel
| Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts

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

johto
| Membership Revoked | Joined Oct 2007 | 241 Posts

Lets see if the 1.6231 support goes...

#187,969
Dec 17, 2009 12:36am Dec 17, 2009 12:36am

TheGabriel
| Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts

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

Bahrain
| Additional Username | Joined Dec 2009 | 12 Posts

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

scurt
| Joined Jun 2009 | Status: Trader | 622 Posts

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

TheGabriel
| Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts

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

yinbyungheon
| Joined Nov 2007 | Status: Trader | 49 Posts

Quoting yinbyungheon

Disliked

kaboom is on the go...1.622x is going to break

Ignored

#187,974
Dec 17, 2009 1:09am Dec 17, 2009 1:09am

scurt
| Joined Jun 2009 | Status: Trader | 622 Posts

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

TheGabriel
| Joined May 2009 | Status: Want money, not necessarily skills | 1,113 Posts

Quoting yinbyungheon

Disliked

Ignored

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

malcolmb14
Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts

Quoting jaboo

Disliked

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?

Ignored

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