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Cable Update (GBPUSD)

  • #192,061
  • Jan 11, 2010 7:38am Jan 11, 2010 7:38am
Quoting aswilled
Draw fibs from the larger 50% on the 30min tf. You will see the resistance thats becoming support between the 23% & 38&. See how the battle is getting fierce.
It appears to be going to the 50%. You know how the pound love that 50.
A. Finesse Williams Making Millions One Pip At A Time!
  • #192,062
  • Jan 11, 2010 7:39am Jan 11, 2010 7:39am
Quoting m.haggag
You are Egyptian???
Welcome Pharaoh.
It is very good
  • #192,063
  • Jan 11, 2010 7:46am Jan 11, 2010 7:46am
Hello guys,
What do you think about buying GB now?>

TX
  • #192,064
  • Jan 11, 2010 7:50am Jan 11, 2010 7:50am
It appears we have just started the last little leg up in this move from 5895. A high above 6240 will confirm the uptrend is in place and should run for a couple weeks, perhaps into the end of the month. A pullback is due when we peak out on this move now maybe in the 6245-53 area. That is an area of fibo confluence and wave relationship.
Contra trades will be shorts.
Good trading folks

slick
  • #192,065
  • Jan 11, 2010 7:54am Jan 11, 2010 7:54am
Quoting Krystal
Hello guys,
What do you think about buying GB now?>

TX
I think its on its way back up to test the high.
A. Finesse Williams Making Millions One Pip At A Time!
  • #192,066
  • Jan 11, 2010 7:55am Jan 11, 2010 7:55am
Quoting Krystal
Hello guys,
What do you think about buying GB now?
I would suggest to wait till the price range 1.6100 - 1.6125
Don't tell me how much you can earn. Tell me how much you may lose..
  • #192,067
  • Jan 11, 2010 7:55am Jan 11, 2010 7:55am
Quoting Krystal
Hello guys,
What do you think about buying GB now?>

TX
I don't advice to buy but if you want to buy put SL a few bit below 1.6135 ! Maybe go to 1.6185 again !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #192,068
  • Jan 11, 2010 7:59am Jan 11, 2010 7:59am
Hi,
why do you say 6240. Where this value come from?
Thanks


Quoting slick 60
It appears we have just started the last little leg up in this move from 5895. A high above 6240 will confirm the uptrend is in place and should run for a couple weeks, perhaps into the end of the month. A pullback is due when we peak out on this move now maybe in the 6245-53 area. That is an area of fibo confluence and wave relationship.
Contra trades will be shorts.
Good trading folks

slick
  • #192,069
  • Jan 11, 2010 8:00am Jan 11, 2010 8:00am
6200? maybe
  • #192,070
  • Jan 11, 2010 8:01am Jan 11, 2010 8:01am
agree alot of bs. it's up,its down post,use to be so much better


Quoting Bull_Bear
Al good



to see u around mate. New year dame bloody good, so good can't remember much. I know mate been a while cos i took some time off to enjoy myself. How was urs? You getting into the full swing of trading now?

This FF is full od BS traders. I used to give more time to this FF but not much nowdays.... kinda annoys me nowadays with not much patience for their BS.
  • #192,071
  • Jan 11, 2010 8:03am Jan 11, 2010 8:03am
Quoting aswilled
I think its on its way back up to test the high.
After the 38 test.
A. Finesse Williams Making Millions One Pip At A Time!
  • #192,072
  • Jan 11, 2010 8:06am Jan 11, 2010 8:06am
i don't think USA will have enough steam to test lower
i'm gonna buy in
  • #192,073
  • Jan 11, 2010 8:08am Jan 11, 2010 8:08am
Quoting Alado
Hi,
why do you say 6240. Where this value come from?
Thanks
6240 is the last high that we came down from into 5895 low. 6240 was an intermediate term delta high that was due on that day. If we take that number out it will confirm the delta low at 5895 came in a couple days early [low was due tomorrow]. Like I said if confirmed then the trend i sup into the next high point which is due Jan 22nd. If in an uptrend these highs may come late if a turn is not due. There is an important time high due On Jan 15 for a lot of markets and then Jan 29. Cable is in agreement with this.
6253 is also a fibo confluence area for me.
  • #192,074
  • Jan 11, 2010 8:09am Jan 11, 2010 8:09am
Quoting kilalik
i don't think USA will have enough steam to test lower
i'm gonna buy in
take care bro
  • #192,075
  • Jan 11, 2010 8:11am Jan 11, 2010 8:11am
Quoting slick 60
6240 is the last high that we came down from into 5895 low....
Nice
Which Part on Canada do u live?
BTW I love this country and have some friends from there,Hope to visit one day.
  • #192,076
  • Jan 11, 2010 8:11am Jan 11, 2010 8:11am
Quoting kilalik
i don't think USA will have enough steam to test lower
i'm gonna buy in
since when did under skirt area have steam
  • #192,077
  • Jan 11, 2010 8:17am Jan 11, 2010 8:17am
M15 closed under 24 SMA
  • #192,078
  • Jan 11, 2010 8:18am Jan 11, 2010 8:18am
Quoting forexlion
since when did under skirt area have steam
hawwww you talk naughty I'll tell GU to teach you some good lessons
Don't tell me how much you can earn. Tell me how much you may lose..
  • #192,079
  • Jan 11, 2010 8:18am Jan 11, 2010 8:18am
IS USD strong enough to break the uptrend on 30 mins ft ??
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  • #192,080
  • Jan 11, 2010 8:19am Jan 11, 2010 8:19am
Quoting kilalik
6200? maybe
Trade what you see bro. This forum is just only for share.

To be a success trader :

1. Become yourself with a proven accurate system/platform set up by yourself
2. Good MM
3. Know when in when out
4. Have a realistic measured target
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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