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Cable Update (GBPUSD)

  • #191,161
  • Jan 7, 2010 2:23am Jan 7, 2010 2:23am
4h says that we at a price point support area (yellow line)...typically, I don't trust em...specially if you look at the 4hr really close, squint your eyes and tilt your head to the left...no, to the right...no, back to the left...ah, there it is...HEAD AND SHOULDERS!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #191,162
  • Jan 7, 2010 2:25am Jan 7, 2010 2:25am
what u think guys
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  • #191,163
  • Jan 7, 2010 2:25am Jan 7, 2010 2:25am
Quoting Magix
4h says that we at a price point support area (yellow line)...typically, I don't trust em...specially if you look at the 4hr really close, squint your eyes and tilt your head to the left...no, to the right...no, back to the left...ah, there it is...HEAD AND SHOULDERS!

Yes I have that same support there as well. In fact I am still in that trade from back when it hit there. So maybe..
  • #191,164
  • Jan 7, 2010 2:26am Jan 7, 2010 2:26am
1.5800 NEXT Destination....
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #191,165
  • Jan 7, 2010 2:26am Jan 7, 2010 2:26am
Quoting Qu|cksilver
Hi,
Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?

No I am not agree I feel it is going down and down towards 1.4800 area in coming days
  • #191,166
  • Jan 7, 2010 2:28am Jan 7, 2010 2:28am
Halifax HPI m/m in 32 minutes
  • #191,167
  • Jan 7, 2010 2:29am Jan 7, 2010 2:29am
Quoting Bull_Bear
1.5800 NEXT Destination....
Yep, just hope for a small pullback to 1.5980 area so I can short
  • #191,168
  • Jan 7, 2010 2:37am Jan 7, 2010 2:37am
Quoting eagle12
No I am not agree I feel it is going down and down towards 1.4800 area in coming days
I will make you a $1,000,000 that it will not hit 1.4800 by the end of next week.
  • #191,169
  • Jan 7, 2010 2:40am Jan 7, 2010 2:40am
Quoting Ctic
I will make you a $1,000,000 that it will not hit 1.4800 by the end of next week.
But it will be interesting to see it hit 1.4800. Haha!
  • #191,170
  • Jan 7, 2010 2:40am Jan 7, 2010 2:40am
Quoting skiffx
Yep, just hope for a small pullback to 1.5980 area so I can short
All aboard the short side ... Good Luck mate
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #191,171
  • Jan 7, 2010 2:40am Jan 7, 2010 2:40am
Quoting eagle12
No I am not agree I feel it is going down and down towards 1.4800 area in coming days
lol where u saw this in dreams or something ?
  • #191,172
  • Jan 7, 2010 2:42am Jan 7, 2010 2:42am
Quoting Ctic
I will make you a $1,000,000 that it will not hit 1.4800 by the end of next week.
I will have some of that too
" When the ship starts to sink, don't just pray. JUMP "
  • #191,173
  • Jan 7, 2010 2:45am Jan 7, 2010 2:45am
Quoting Bull_Bear
All aboard the short side ... Good Luck mate
Was short from 1.6055 but closed it 1.5974 when it started a small pullback a few hours back... now kicking myself, waiting for a pullback to enter short again. And it looks like its not going to happen (at least immediately)...this thing is going below 1.5900
  • #191,174
  • Jan 7, 2010 2:48am Jan 7, 2010 2:48am
news in 10 minutes will be good for couple pips
  • #191,175
  • Jan 7, 2010 2:51am Jan 7, 2010 2:51am
And there is my loser of the day....

**Yawn**

Night guys...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #191,176
  • Jan 7, 2010 2:53am Jan 7, 2010 2:53am
Quoting Magix
And there is my loser of the day....

**Yawn**

Night guys...
Night magix
" When the ship starts to sink, don't just pray. JUMP "
  • #191,177
  • Jan 7, 2010 2:58am Jan 7, 2010 2:58am
Broke the 1.5940 support...it might reach 1.5850 and i don't know if this support will hold
Time to check for an entry point
COT: The precious data ignored
  • #191,178
  • Jan 7, 2010 2:58am Jan 7, 2010 2:58am
Quoting Magix
And there is my loser of the day....

**Yawn**

Night guys...
Night Magix,

I took a loss too. At least your positive for the day. I am Negative for the day. All well, my first negative day in 12 days. Have to happen sometime. Not much negative thank GOD.
  • #191,179
  • Jan 7, 2010 3:03am Jan 7, 2010 3:03am
No strong reaction towards the positive data...
  • #191,180
  • Jan 7, 2010 3:06am Jan 7, 2010 3:06am
anything could happen....and 5900 is weekly support and actual HPI better than forecast and ..... she could dive and fly anytime ..
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