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Cable Update (GBPUSD)

  • #191,561
  • Jan 8, 2010 4:08am Jan 8, 2010 4:08am
yellow is 4hr resistance, red daily.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu_downtrend.jpg Size: 223 KB
Click to Enlarge Name: gu_downtrend2.jpg Size: 227 KB
  • #191,562
  • Jan 8, 2010 4:08am Jan 8, 2010 4:08am
looks like 6035 resistance is holding..... time for retracement?
  • #191,563
  • Jan 8, 2010 4:09am Jan 8, 2010 4:09am
Quoting GlobalMacro
Alright....Cable is soaring pre-NFP

As expected, bears didn't have the guts to push through base -- yet again!

I Will Continue To Carry My Long Position Set @ 1.5955
GM ya MUG!

How was your break mate?

I guess all bets are off now with your "not in this decade" disclaimer.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #191,564
  • Jan 8, 2010 4:10am Jan 8, 2010 4:10am
Quoting GlobalMacro
Alright....Cable is soaring pre-NFP

As expected, bears didn't have the guts to push through base -- yet again!

I Will Continue To Carry My Long Position Set @ 1.5955
Nice to see you
We have been in this situation for while,You have much patient i never seen it with any trader
For me still in my view we going down and still on my short And guess what..we both in green ++
  • #191,565
  • Jan 8, 2010 4:12am Jan 8, 2010 4:12am
I already have 2 short positions on GU, and I'm not worried about it, I use intensively market profile and am pretty confident we'll be back soon to my pivot (point of control in MP) @1.59399

But of course I might be wrong and in this case my SL @ 1.6063 will prevent any serious damage on my account....

Below is my H30 chart
Attached Image (click to enlarge)
Click to Enlarge Name: saisie_chart.jpg Size: 142 KB
Non licet omnibus adire Corinthum
  • #191,566
  • Jan 8, 2010 4:13am Jan 8, 2010 4:13am
...
Attached Image
  • #191,567
  • Jan 8, 2010 4:15am Jan 8, 2010 4:15am
wow all the big boys are here salam hi all room i am going west on cable till the NFP
  • #191,568
  • Jan 8, 2010 4:16am Jan 8, 2010 4:16am
small resistance on 60ema 1m chart to beat then down to 1.6 to start with see reaction there
  • #191,569
  • Jan 8, 2010 4:17am Jan 8, 2010 4:17am
Quoting Bull_Bear
GM ya MUG!

How was your break mate?

I guess all bets are off now with your "not in this decade" disclaimer.
LOL...

it was great bro....how are you bro?

Like I said, there was no chance on earth, this cable would go down to 1.5300....

I am still waiting for my beer from you & malcolmb...
Hear the music before the song is over ...
  • #191,570
  • Jan 8, 2010 4:18am Jan 8, 2010 4:18am
Why is there no chat room here on FF..there are over 200 viewers on the thread. I get tired of having to hit the refresh button.
  • #191,571
  • Jan 8, 2010 4:20am Jan 8, 2010 4:20am
Quoting egkid
Nice to see you
We have been in this situation for while,You have much patient i never seen it with any trader
For me still in my view we going down and still on my short And guess what..we both in green ++
nice to see you too, egkid...well....patience is the name of the game...

where did you take a short at?
Hear the music before the song is over ...
  • #191,572
  • Jan 8, 2010 4:23am Jan 8, 2010 4:23am
Quoting big_pipin
Why is there no chat room here on FF..there are over 200 viewers on the thread. I get tired of having to hit the refresh button.
a chat room wouldn't be as effective as there is no logged back date and you wouldn't be able to post/view charts as easily.
  • #191,573
  • Jan 8, 2010 4:23am Jan 8, 2010 4:23am
Quoting GlobalMacro
LOL...

it was great bro....how are you bro?

Like I said, there was no chance on earth, this cable would go down to 1.5300....

I am still waiting for my beer from you & malcolmb...

LOL .... but i like you work bro

Lets see, if she hit 1.7000 than i buy u the beer, but if she didn't hit 1.5300 than GM takes takes his disclaimer in effect. Dame bro, u are a piece of work.

Yeah i had a massive break and huge new year, now slowly getting back into the swing off things.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #191,574
  • Jan 8, 2010 4:31am Jan 8, 2010 4:31am
Long since 5903, 5939, 5958, 5986 and exited all trades (4), manages 86pips, happy enough, now wait for news in 3hours time.

For Magix, I am learning to use your method, + compression chart. Thanks for sharing.

Ctic, if you have a thread on your fibs, I would love to read it.
  • #191,575
  • Jan 8, 2010 4:31am Jan 8, 2010 4:31am
Quoting big_pipin
Why is there no chat room here on FF..there are over 200 viewers on the thread. I get tired of having to hit the refresh button.
if your browser firefox there is a add on it refreshes page automaticly..

https://addons.mozilla.org/en-US/firefox/addon/115

or search in google any other kind of refresher scripts..
Cheers
  • #191,576
  • Jan 8, 2010 4:37am Jan 8, 2010 4:37am
Hi All,

Does anyone know what happened to the cable 2 hours before the PPI news being delivered as positive.. Seems the cable shot up dramatically for almost 2 hours before the news was delivered and then when the news was delivered the market has gone into a consolidation???

Doesn't make sense... were there tell tale signs?

Cheers,
R
  • #191,577
  • Jan 8, 2010 4:37am Jan 8, 2010 4:37am
Hi GM,

Nice to see you on board....and I never like not to be on your side , yes I'm bearish and believe I'll be for the next weeks....The AAA rating is about to fall and on that day you'll see a big move down and what to stop it...

I would like your comment on this...

Ready to bet some wine on it ????? Sorry I don't drink beer...

Thanks and happy pipping my friend
Non licet omnibus adire Corinthum
  • #191,578
  • Jan 8, 2010 4:38am Jan 8, 2010 4:38am
who wanna buy GBP on 1.6060 ???? cos i'll sell it now....
I will be the number one Manager.
  • #191,579
  • Jan 8, 2010 4:39am Jan 8, 2010 4:39am
Quoting Bull_Bear
LOL .... but i like you work bro

Lets see, if she hit 1.7000 than i buy u the beer, but if she didn't hit 1.5300 than GM takes takes his disclaimer in effect. Dame bro, u are a piece of work.

Yeah i had a massive break and huge new year, now slowly getting back into the swing off things.

lol...alright...that's the spirit, my friend....

I wish you all the best for 2010!


P/S: btw a very nice "new year greeting" card you posted...please post more of those....thx
Hear the music before the song is over ...
  • #191,580
  • Jan 8, 2010 4:43am Jan 8, 2010 4:43am
Quoting Bull_Bear
Wormie bro, wots doin mate. Finally the machine takes a break. You back into the swing of things now mate.

Yo Q all good brother, we the sultans of swings as someone called us no?
How you be?
Thank You
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