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Cable Update (GBPUSD)

  • #192,641
  • Jan 13, 2010 8:07am Jan 13, 2010 8:07am
Quoting vilas
I agree with you - uptrend but overbought. I sold a little earlier,6242, a miscalculation but she feinted me strong - body-dodge ! Still I think it will come back to this area before goimg up. Actually, I was sick with having missed the morning up move - I left the PC at 5.55 GMT and she bounced at 6.00 so I got stranded ! Have to sweat now !
be calm man ,it will go down a little bit at least , I think that Dil's bear do well
take care and put a sl cuz we are playing with strong bulls
  • #192,642
  • Jan 13, 2010 8:07am Jan 13, 2010 8:07am
1
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  • #192,643
  • Jan 13, 2010 8:07am Jan 13, 2010 8:07am
Say good bye to these prices for a long time to come..

Whoever buys now will be stuck and frozen in the Ice Age
  • #192,644
  • Jan 13, 2010 8:08am Jan 13, 2010 8:08am
Quoting m.haggag
i think that bear will stand up and fight bulls , may be it is waiting for breakfast
i think the bears just had its breakfast and ready to wrestle
  • #192,645
  • Jan 13, 2010 8:10am Jan 13, 2010 8:10am
Quoting Jassim
Say good bye to these prices for a long time to come..

Whoever buys now will be stuck and frozen in the Ice Age

Hope you are right .
I'm trading what I think not what I see.
Hope my thinking going right.
  • #192,646
  • Jan 13, 2010 8:12am Jan 13, 2010 8:12am
hello new faces...the new recruits for 2010..

gotta keep it tight guys..she aint playin
  • #192,647
  • Jan 13, 2010 8:13am Jan 13, 2010 8:13am
We'll do the FORENSIC once all is over...and then it would all make sense...
  • #192,648
  • Jan 13, 2010 8:14am Jan 13, 2010 8:14am
Daily
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  • #192,649
  • Jan 13, 2010 8:14am Jan 13, 2010 8:14am
1.64
1.6375
1.6315
1.6275 ïîñëåäíÿÿ öåíà
1.6225
1.6195
1.6175

http://www.tradingcentral.com/chart/...0113141329.gif
  • #192,650
  • Jan 13, 2010 8:15am Jan 13, 2010 8:15am
Quoting nAVIN2007
hello new faces...the new recruits for 2010..

gotta keep it tight guys..she aint playin

welcome nAVIN nice to see u here agian
  • #192,651
  • Jan 13, 2010 8:16am Jan 13, 2010 8:16am
a close today close to the open 15 pips..very good signal on dally close to sell in my views..

keep smiling folks

Quoting m.haggag
welcome nAVIN nice to see u here agian
thanks man..i think this may fall from here...weekly suggest its..but must close like a doji or pin..have a good one bro!
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  • #192,652
  • Jan 13, 2010 8:17am Jan 13, 2010 8:17am
U.S. President Obama will announce his intention to levy a fee on at least twenty of the country's largest banks to help recoup TARP losses.

GBP/USD: Four-day rally looks to have lost steam ahead of the 100-Day SMA at 1.6309. Pulls back from the high (1.6296) to trade at 1.6268.
  • #192,653
  • Jan 13, 2010 8:18am Jan 13, 2010 8:18am
On Daily, it indicates that the GBP/USD market was churning (in other words, prices went up while volume went down)...THis is an indication of that the market is in preperation for a major sell off....This indicator is in conjumction with the weekly wedge formation...Both is coming to meet the end right at this time as we speak...so, I would expect today is the D-Day
  • #192,654
  • Jan 13, 2010 8:18am Jan 13, 2010 8:18am
Quoting Jassim
We'll do the FORENSIC once all is over...and then it would all make sense...
I can do this well
I have a forensic exam in 27/1
I'm a student at school of medicine
  • #192,655
  • Jan 13, 2010 8:19am Jan 13, 2010 8:19am
Quoting m.haggag
I can do this well
I have a forensic exam in 27/1
I'm a student at school of medicine
Be my guest, you do the post mortum, prepare the aldehyde because its gonna stinck...as long buyers will be licking their wounds
  • #192,656
  • Jan 13, 2010 8:20am Jan 13, 2010 8:20am
Quoting m.haggag
I can do this well
I have a forensic exam in 27/1
I'm a student at school of medicine
You really impressed me.
Good job and have a good trades
  • #192,657
  • Jan 13, 2010 8:21am Jan 13, 2010 8:21am
Well. lets try this again.. went short at 6265 hoping for a strong down move in US market..
  • #192,658
  • Jan 13, 2010 8:21am Jan 13, 2010 8:21am
Quoting Jassim
Be my guest, you do the post mortum, prepare the aldehyde because its gonna stinck...as long buyers will be licking their wounds
i hope thaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaat

sorry buyers
  • #192,659
  • Jan 13, 2010 8:23am Jan 13, 2010 8:23am
guys just make short with 5 bilions $ and we will drop 200 pips
  • #192,660
  • Jan 13, 2010 8:24am Jan 13, 2010 8:24am
Looks like the Bears are clawin back now... still slow but its there.

Hope it goes back to low 1.61... That's where I think the fair value is based on whats happened today...

The bull today happened but no real fundamental basis for such a large move.... I know all you smart guys knew it but for me I didn't really see any reason (news) that would have driven the price up to such a high level... not even market confidence except for the rumour that Interest Rates may go up earlier than expected... Key word is "May".

It should deflate back when people realise its too early to tell how the economy is farring off whether still in or out of depression etc.

There's my penny's worth...

Cheers,
R
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