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Cable Update (GBPUSD)

  • #192,901
  • Jan 14, 2010 12:42am Jan 14, 2010 12:42am
GBP/USD's rebound extends further to as high as 1.6293 so far today. At this point, intraday bias remains on the upside and the corrective rise from 1.5829 is still expected to continue to 100% projection of 1.5829 to 1.6327 from 1.5896 at 1.6304 and above. Nevertheless, we'd still expect upside to be limited below 61.8% retracement of 1.6875 to 1.5829 at 1.6475 and bring resumption of the whole fall from 1.6875. On the downside, below 1.6192 minor support will turn intraday bias neutral first. Further break of 1.6062 support will indicate that such correction has possibly completed and recent fall is resuming for 1.5829 and below.
  • #192,902
  • Jan 14, 2010 12:42am Jan 14, 2010 12:42am
Quoting Bull_Bear
Save your pips manize brother. go long mate, short at the top 1.6300 -16350. The later is a safer option my friend.
Quoting forexlion
excellent tp, that is a really good one
You like it Lion.... I like yours too..... lol
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #192,903
  • Jan 14, 2010 12:49am Jan 14, 2010 12:49am
Quoting forexlion
GBP/USD's rebound extends further to as high as 1.6293 so far today. At this point, intraday bias remains on the upside and the corrective rise from 1.5829 is still expected to continue to 100% projection of 1.5829 to 1.6327 from 1.5896 at 1.6304 and above. Nevertheless, we'd still expect upside to be limited below 61.8% retracement of 1.6875 to 1.5829 at 1.6475 and bring resumption of the whole fall from 1.6875. On the downside, below 1.6192 minor support will turn intraday bias neutral first. Further break of 1.6062 support will indicate that...
That's about as good as a horoscope.
  • #192,904
  • Jan 14, 2010 12:51am Jan 14, 2010 12:51am
Quoting Clouds
That's about as good as a horoscope.
Lol.. u saying Lion is been generalised.... no can't be, not lion....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #192,905
  • Jan 14, 2010 12:53am Jan 14, 2010 12:53am
I still don't see a signal to go long or short this morning.

With no retracement within the last 18 hours, I can only assume that it is consolidating to go long.
  • #192,906
  • Jan 14, 2010 12:55am Jan 14, 2010 12:55am
Quoting Bull_Bear
You like it Lion.... I like yours too..... lol
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #192,907
  • Jan 14, 2010 12:56am Jan 14, 2010 12:56am
1.6410 before I even think about selling. That's Dec 16th high. If price gets to 1.6238 I'm looking to buy.
  • #192,908
  • Jan 14, 2010 12:57am Jan 14, 2010 12:57am
my short just got stopped out at breakeven,,,,, now what?
  • #192,909
  • Jan 14, 2010 12:59am Jan 14, 2010 12:59am
Keep an eye on @1.6310 (above buy) and @1.6270 (under sell).
  • #192,910
  • Jan 14, 2010 1:04am Jan 14, 2010 1:04am
Quoting fraktalas
Keep an eye on @1.6310 (above buy) .
en ...

hi Fraktalas you are Speculating on this 1.6310 Buy ...level above..

It would be better show some PROOF..

chart.. would be Better
DRAGON-TECHNICAL ANALYSIS!
  • #192,911
  • Jan 14, 2010 1:09am Jan 14, 2010 1:09am
Quoting vincy balboa
en ...

hi Fraktalas you are Speculating on this 1.6310 Buy ...level above..

It would be better show some PROOF..

chart.. would be Better
find my EW count here

http://www.forex-signals-zulutrade.c...15-jan-2010-gu

and it is not speculating its a reality. [Daily Charts]
  • #192,912
  • Jan 14, 2010 1:11am Jan 14, 2010 1:11am
I like the erection on M15 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #192,913
  • Jan 14, 2010 1:11am Jan 14, 2010 1:11am
Quoting joemiami
my short just got stopped out at breakeven,,,,, now what?
I have to close my short in - 7pips from +15 pips
  • #192,914
  • Jan 14, 2010 1:13am Jan 14, 2010 1:13am
Quoting Exciter135
I have to close my short in - 7pips from +15 pips
why are u guys shorting an obvious STRONG UPTREND ??
  • #192,915
  • Jan 14, 2010 1:14am Jan 14, 2010 1:14am
Quoting vincy balboa
en ...

hi Fraktalas you are Speculating on this 1.6310 Buy ...level above..

It would be better show some PROOF..

chart.. would be Better
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 26 KB
  • #192,916
  • Jan 14, 2010 1:15am Jan 14, 2010 1:15am
Quoting forexlion
Long taken @ 1.6291 TP 1.6475 no SL
NN suggested trade just went through the roof I am loving it
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 22 KB
  • #192,917
  • Jan 14, 2010 1:19am Jan 14, 2010 1:19am
I couldn't wait, went short 1.6205
I meant 6305
  • #192,918
  • Jan 14, 2010 1:21am Jan 14, 2010 1:21am
Attached Image
It's Easy To Get In;.. It's Hard To Get Out
  • #192,919
  • Jan 14, 2010 1:24am Jan 14, 2010 1:24am
Quoting forexlion
why are u guys shorting an obvious STRONG UPTREND ??

Go SHORT... lol
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #192,920
  • Jan 14, 2010 1:24am Jan 14, 2010 1:24am
Quoting forexlion
why are u guys shorting an obvious STRONG UPTREND ??
Where's ur SL for ur long today? Thks!
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