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Cable Update (GBPUSD)

  • #188,781
  • Dec 22, 2009 12:46am Dec 22, 2009 12:46am
Malcolmb,
Good day to you.
Can you tell please about what VSA says about current market (GU)?

Thanks in advance
  • #188,782
  • Dec 22, 2009 12:48am Dec 22, 2009 12:48am
Quoting Nomi1
dear reznik,

i see you are big time on shorting today. do you see gold going down as well if yes to what point. thanks for your opinion.

Gold would drop but like pips in Cable, Fibre... But trend carefully.
  • #188,783
  • Dec 22, 2009 12:52am Dec 22, 2009 12:52am
Quoting yinbyungheon
another ride for kabooming at 1.606x yehaaa!

Ride on... Ride dis Motha F**ka till de wheels fall off... Death of Cable!!
  • #188,784
  • Dec 22, 2009 1:01am Dec 22, 2009 1:01am
I'm selling USDCAD..looks like USD is not that strong right now at least against cad.
Sell entry 1.6234, SL= 10 pips, TP=70+
"Hate the sin, love the sinner." - Gandhi
  • #188,785
  • Dec 22, 2009 1:02am Dec 22, 2009 1:02am
dear reznik,

thanks for the reply. i am a new trader so do not really know the terminologies. what do you mean when u say fibre and trend carefully. i am long at 1094 and hoping it will cross 1100 before it goes down to mid 1000. that is my take on it.
  • #188,786
  • Dec 22, 2009 1:17am Dec 22, 2009 1:17am
Quoting Baby-Trader
thanks baby-trader..I closed earlier from TP=5950..because i feel strong support around 6050-6060..i am waiting until London open or news release..still looking for short..
Patience + Discipline =
  • #188,787
  • Dec 22, 2009 1:21am Dec 22, 2009 1:21am
Quoting TheGabriel
I'm selling USDCAD..looks like USD is not that strong right now at least against cad.
Sell entry 1.6234, SL= 10 pips, TP=70+
Cable retracing and Euro too, USDCAD to fall +10 atm.
"Hate the sin, love the sinner." - Gandhi
  • #188,788
  • Dec 22, 2009 1:27am Dec 22, 2009 1:27am
Quoting Reznik
Forget about any trading signal, technique or schemes... Just Sell... Hold the Short till New Year and get paid... De Insider speaks!!
I am 100% with you Reznik..USD has found the bottom, so DO NOT THINK JUST SELL..
Patience + Discipline =
  • #188,789
  • Dec 22, 2009 1:30am Dec 22, 2009 1:30am
Quoting iqyusan
still waiting my TP hit at 6090 and re enter to Sell at previous TP if rejected in 1.6100
  • #188,790
  • Dec 22, 2009 1:33am Dec 22, 2009 1:33am
sell@6090 sl6110 tp6025
  • #188,791
  • Dec 22, 2009 1:34am Dec 22, 2009 1:34am
seems to be breakout on H1 & H4
  • #188,792
  • Dec 22, 2009 1:47am Dec 22, 2009 1:47am
Quoting TheGabriel
I'm selling USDCAD..looks like USD is not that strong right now at least against cad.
Sell entry 1.6234, SL= 10 pips, TP=70+
I have been following UC since yesterday and it was great.
I was hoping some1 was gonna see it,I'm glad you did.We are together in it.I waited for it to break out of 1.06326 - 106079 channel it formed earlier and short at 1.06006. You were earlier - lucky you, I'm just abot+5 pips. Initial primary target is 1.05467, secondary is my fib.ext127 (1.05092). It's slow but looks promising. Let's roll!!

n.b
Sorry I know this is not a uc thread,I'm also following GU but it went out my the trading zone I was waiting to see it go be making my move. Stll watching GU amd EU
  • #188,793
  • Dec 22, 2009 1:54am Dec 22, 2009 1:54am
This is not a confirmation yet for short, we can't go below 1.6047-37 at this point, so take entry for LONG any time u get a swing until the next 4-8hrs before we see any further changes.......
  • #188,794
  • Dec 22, 2009 2:01am Dec 22, 2009 2:01am
Post deleted...
"Hate the sin, love the sinner." - Gandhi
  • #188,795
  • Dec 22, 2009 2:04am Dec 22, 2009 2:04am
Just like i said good chance to take more long position, don't dare the trend........ Anything can happen in the long trend..... So don't hope until there is changes..... We need to break 1.6111 for more 20pips to 1.6130 R1 for today, within this region we would see what happens next
  • #188,796
  • Dec 22, 2009 2:19am Dec 22, 2009 2:19am
Don't think like that, what do you see that make's you sell at this point, don't try it. We are trending but for how long not sure. wait for a proper confirmation b4 you place short, for now, short trades are for scalper's only..........DON'T SAY U WERE NOT TOLD



Quoting Jemmy
I am 100% with you Reznik..USD has found the bottom, so DO NOT THINK JUST SELL..
  • #188,797
  • Dec 22, 2009 2:20am Dec 22, 2009 2:20am
Quoting Baby-Trader
Trade Entered,
Short @1.60586 SL @1.6095 TP-------> open for now
Trade exited @SL
  • #188,798
  • Dec 22, 2009 2:24am Dec 22, 2009 2:24am
Quoting orang
Hammer is formed in H1 And 2 divergence confirm it in 15m , but buying is so risky ,
buy 6048 sl 6020 tp 6100

+52
  • #188,799
  • Dec 22, 2009 2:28am Dec 22, 2009 2:28am
The price above the pivot points, I think that chart is showing some buys signals. What is your's on your chat? I want to know what you are seeing and what you are thinking.
  • #188,800
  • Dec 22, 2009 2:29am Dec 22, 2009 2:29am
Quoting Reznik
Ride on... Ride dis Motha F**ka till de wheels fall off... Death of Cable!!
Uh-Oh, I'm in trouble
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