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Cable Update (GBPUSD)

  • #189,121
  • Dec 23, 2009 7:01am Dec 23, 2009 7:01am
Nice Inverted Hammer formation on the 1 hr.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 36 KB
  • #189,122
  • Dec 23, 2009 7:02am Dec 23, 2009 7:02am
Quoting Baby-Trader
Ha Ha, fake breakout like yesterday.
Why do you say? how do you have base?
  • #189,123
  • Dec 23, 2009 7:05am Dec 23, 2009 7:05am
It is also a nice double bottom


Quoting Nene
Nice Inverted Hammer formation on the 1 hr.
  • #189,124
  • Dec 23, 2009 7:12am Dec 23, 2009 7:12am
went short at 5970 for sl 10 same, eur/usd short at 4290 with 15 sl, now the slide down could start, us news in 20 mins!
  • #189,125
  • Dec 23, 2009 7:15am Dec 23, 2009 7:15am
Quoting Nene
It is also a nice double bottom
so, how does it means for you? bullish signal for retracement in this major downtrend?
  • #189,126
  • Dec 23, 2009 7:22am Dec 23, 2009 7:22am
But news coming out

Quoting plumiash
so, how does it means for you? bullish signal for retracement in this major downtrend?
  • #189,127
  • Dec 23, 2009 7:30am Dec 23, 2009 7:30am
What prothunder-storms?
  • #189,128
  • Dec 23, 2009 7:51am Dec 23, 2009 7:51am
Still holding short 1.6056 and long on UCAD 1.0490 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #189,129
  • Dec 23, 2009 8:14am Dec 23, 2009 8:14am
Quoting manize
Still holding short 1.6056 and long on UCAD 1.0490 !
base on what you bought loonie? loonie is in downtrend for last 5 days..
Patience + Discipline =
  • #189,130
  • Dec 23, 2009 8:19am Dec 23, 2009 8:19am
Price is failing an important level and clearing stops. I believe we are headed up guys.
  • #189,131
  • Dec 23, 2009 8:34am Dec 23, 2009 8:34am
we all have to give our heads a shake ... me included . What are we doing here ?

It is 2 days before Xmas .. most banksters are on vacation since beginning of weak and even now trainee banksters have gone home.

all they will go right now is try and gun stops or slight retraces . We have a whole year to trade next year and 2010 should be an interesting one.

On that note Merry Xmas to everyone and for those that do not celebrate Xmas ... may all your trading goals and aspirations come true in 2010
Blogging daily now at www.volume.zone
  • #189,132
  • Dec 23, 2009 8:44am Dec 23, 2009 8:44am
Quoting malcolmb14
we all have to give our heads a shake ... me included . What are we doing here ?

It is 2 days before Xmas .. most banksters are on vacation since beginning of weak and even now trainee banksters have gone home.

all they will go right now is try and gun stops or slight retraces . We have a whole year to trade next year and 2010 should be an interesting one.

On that note Merry Xmas to everyone and for those that do not celebrate Xmas ... may all your trading goals and aspirations come true in 2010
Haha, that's what I'm thinking too. Liquid my position, bag 5 pips and will take 2 weeks off till next year to begin trading again.
  • #189,133
  • Edited 9:06am Dec 23, 2009 8:51am | Edited 9:06am
Quoting Jemmy
base on what you bought loonie? loonie is in downtrend for last 5 days..
Strong support at 1.0489. Global currencies is using USD. On christmas session the USD is less in the market --> make stronger ! But I maybe wrong, anyway at least + 40 pips gain from bloody loonie !
Attached Image (click to enlarge)
Click to Enlarge Name: 231209a.gif Size: 62 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #189,134
  • Dec 23, 2009 8:58am Dec 23, 2009 8:58am
hooof. only 60 pips range throught 4 sessions (Asia,Frankfort,London,New York)
  • #189,135
  • Dec 23, 2009 8:59am Dec 23, 2009 8:59am
USD U. of Michigan Confidence (DEC F)

May change things
  • #189,136
  • Dec 23, 2009 9:01am Dec 23, 2009 9:01am
forecast is bad for dollar
  • #189,137
  • Dec 23, 2009 9:03am Dec 23, 2009 9:03am
Quoting manize
Strong support at 1.0489. Global currencies is using USD. On christmas session the USD is less in the market --> make stronger ! But I maybe wrong and at least + 40 pips gain from bloody loonie !
now +35pips..
Patience + Discipline =
  • #189,138
  • Dec 23, 2009 9:11am Dec 23, 2009 9:11am
hi guys whats new time for long ?
  • #189,139
  • Dec 23, 2009 9:14am Dec 23, 2009 9:14am
Quoting dil
hi guys whats new time for long ?
the bulls are on vacation now, still the bears in the market..
Patience + Discipline =
  • #189,140
  • Dec 23, 2009 9:26am Dec 23, 2009 9:26am
malcolme sire what does your volume say about this move in gold gu eu au uj please and usd index
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