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Cable Update (GBPUSD)

  • #190,141
  • Dec 30, 2009 11:00am Dec 30, 2009 11:00am
Quoting pacha group
i have a feeling it will collapse soon maybe another 100 pip up and then .....1.00 lol
i also had feelings like you but lets put them off and look at the chart man... then tell me what you think.. i am not gonna say anything cause i would be wrong so just lets discuss
Pation is the Holy Grail
  • #190,142
  • Dec 30, 2009 11:04am Dec 30, 2009 11:04am
i have a small short with a stop at 1.6075.. what do you think?
  • #190,143
  • Dec 30, 2009 11:05am Dec 30, 2009 11:05am
hello,

May be the bulls decided to do some 1000 pips this day.

atheer1
atheer1
  • #190,144
  • Dec 30, 2009 11:06am Dec 30, 2009 11:06am
Quoting pacha group
i have a small short with a stop at 1.6075.. what do you think?
if i were short i would put the stop at the same place
Pation is the Holy Grail
  • #190,145
  • Dec 30, 2009 11:11am Dec 30, 2009 11:11am
this is funny
Pation is the Holy Grail
  • #190,146
  • Dec 30, 2009 11:11am Dec 30, 2009 11:11am
Hello,
Clear bullish engulfing day,no doubt about it.

atheer1
atheer1
  • #190,147
  • Dec 30, 2009 11:12am Dec 30, 2009 11:12am
Talking about manipulation, what the fu...?
  • #190,148
  • Dec 30, 2009 11:12am Dec 30, 2009 11:12am
Quoting pacha group
Talking about manipulation, what the fu...?
they are cleaning all the shorts out lol
  • #190,149
  • Edited Dec 31, 2009 4:52am Dec 30, 2009 11:14am | Edited Dec 31, 2009 4:52am
Quoting meromar
Year,s result:22,5% 15% - for the investor, 7,5% - for myself 267729562009.12.01 15:49sell0.05gbpusd1.657690.000001.657502009.12.02 06:101.659560.000.000.00-9.35 267740562009.12.01 16:33sell0.05gbpusd1.662030.000001.659002009.12.01 16:471.661410.000.000.003.10 267746152009.12.01 17:00sell0.05gbpusd1.662520.000001.658892009.12.01 17:561.661600.000.000.004.60 267761782009.12.01 18:10sell0.05gbpusd1.662820.000001.652802009.12.01 21:541.662300.000.000.002.60 267844082009.12.02 09:55sell0.05gbpusd1.660400.000001.660302009.12.02 22:591.663040.000.000.00-13.20...
Here, have a lollipop, free to clowns.
Attached Image
  • #190,150
  • Dec 30, 2009 11:16am Dec 30, 2009 11:16am
I am now short G/U very busy week. 1.6083 T.P 1.6023
  • #190,151
  • Dec 30, 2009 11:20am Dec 30, 2009 11:20am
Does anyone know what's happening? Seems the GBP pairs have been going ballistic in one direction since 12/30/09 1300 GMT.
  • #190,152
  • Dec 30, 2009 11:20am Dec 30, 2009 11:20am
Closed my short, big loss. Not good idea that i had no S/L, anyway, may back my losses on the way up. Anyone know why the GBPUSD went up with the good US news?
  • #190,153
  • Dec 30, 2009 11:20am Dec 30, 2009 11:20am
Quoting direct-trade
Here, have a lollipop, free to clowns.
, Do you have a chocolate
Hi all, Just back from my work
  • #190,154
  • Dec 30, 2009 11:21am Dec 30, 2009 11:21am
Quoting CzechTrade

well 30m candles are showing bulls are loosing the power.. what do you think?
I think uk must be raising rates and news is leaked ....lol
Blogging daily now at www.volume.zone
  • #190,155
  • Dec 30, 2009 11:21am Dec 30, 2009 11:21am
Get ready for Ret.
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The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #190,156
  • Dec 30, 2009 11:22am Dec 30, 2009 11:22am
Quoting malcolmb14
Attachment
Not so long bro
  • #190,157
  • Dec 30, 2009 11:22am Dec 30, 2009 11:22am
Quoting GlobalMacro
well.....bears had the chance but, but, but.....yep...they didn't take advantage of it....

and as I mentioned yesterday a Short Squeeze like we're seeing right now almost 200 pips is the only logical response to that inaction

alright...this backs up my hypothesis that we're in a bear trap...

I Will Continue To Carry My Long Position Set @ 1.5955
I too took a large DD from my initial entry of 1.5952, my indicators were all O/S when I took it b4 christmas , now I'm looking at this to go to 1.6220 and then test 1.6400 and finally 1.65 ish if we get that far, b4 the next big leg down. Just my humble opinion and analysis but good original call from you GM.
  • #190,158
  • Dec 30, 2009 11:23am Dec 30, 2009 11:23am
Quoting et_phonehome_2
Closed my short, big loss. Not good idea that i had no S/L, anyway, may back my losses on the way up. Anyone know why the GBPUSD went up with the good US news?
Hi, through informed resources...this madness "might be" a result of Kraft having increased Cadbury bid by another 3 Billion today.

I tried searching for this story on net but could not find anywhere..but someone told me in chatroom.
  • #190,159
  • Edited 11:39am Dec 30, 2009 11:25am | Edited 11:39am
Quoting deepak1620
Hi, through informed resources...this madness "might be" a result of Kraft having increased Cadbury bid by another 3 Billion today.

I tried searching for this story on net but could not find anywhere..but someone told me in chatroom.


This is my first post on FF. I am working as a FX Dealer for a big corporate.
are you kidding ? very intresting. maybe because in the weekly it is close to a neckline of a great doubl top and that is a good point for pullback. anyway i dont think its a reversal. were in a channel on the daily
  • #190,160
  • Dec 30, 2009 11:27am Dec 30, 2009 11:27am
Quoting egkid
Not so long bro

eg .. you slow...lol

did 120 down eu and 100 down gu on that chart.

is now weakness at 78.5 and resistance ...

support 78 .

this could be the retracements we were looking for gu and eu

also note THIS IS EFFECTIVELY LAST TRADING DAY OF YEAR SO CRAZY THINGS CAN HAPPENS
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