Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#193,361
Jan 15, 2010 2:05am Jan 15, 2010 2:05am

piyeree
| Joined Dec 2009 | Status: Trader | 69 Posts

i think we are again in the short sideways trend we were yesterday while waiting for the news coming out from the US. it looks like an ascending triangle to me. if it breaks the resistance at 1.6350 we might be seeing an upside to 1.6400 then from there the bears will ravage the bulls and make steaks out of them.

what do you think? comments please

Attached Image (click to enlarge)

Click to Enlarge

Name: Untitled.png
Size: 182 KB

#193,362
Jan 15, 2010 2:06am Jan 15, 2010 2:06am

fourxtrader
Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts

Mixing compression with a session.

Dr. D.

Attached Image

#193,363
Jan 15, 2010 2:08am Jan 15, 2010 2:08am

big_pipin
| Joined Apr 2008 | Status: Trader | 1,231 Posts

anyone short with me?..here we go 6150 c'mon!!

#193,364
Jan 15, 2010 2:09am Jan 15, 2010 2:09am

konrad20
| Joined Aug 2007 | Status: Trader | 30 Posts

Quoting big_pipin

Disliked

anyone short with me?..here we go 6150 c'mon!!

Ignored

Yes, but may I ask how you came up w/ target of 6150?

#193,365
Jan 15, 2010 2:11am Jan 15, 2010 2:11am

samdani786
| Commercial User | Joined Feb 2008 | 7,908 Posts

Usdx channel breakout

Attached Image (click to enlarge)

Click to Enlarge

Name: usdx 3.gif
Size: 28 KB

The finest tool in the world still needs a MAN who KNOWS how to use it.

#193,366
Jan 15, 2010 2:11am Jan 15, 2010 2:11am

digger1
Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,046 Posts

Quoting big_pipin

Disliked

anyone short with me?..here we go 6150 c'mon!!

Ignored

I am sht with you tgts not quite as big as your but will hold as long as its dropping

Quoting digger1

Disliked

Attachment here is my non pro trade and the reasons for taking it had too the bull fell over

Ignored

#193,367
Jan 15, 2010 2:13am Jan 15, 2010 2:13am

EliteFX
| Joined Nov 2009 | Status: Trader | 139 Posts

Quoting big_pipin

Disliked

anyone short with me?..here we go 6150 c'mon!!

Ignored

I'm with you pal ...

1. 1.6263 (short opened)
2. 1.6287 (short opened)
3. 1.6334 (short opened)

Don't tell me how much you can earn. Tell me how much you may lose..

#193,368
Jan 15, 2010 2:13am Jan 15, 2010 2:13am

Bull_Bear
Joined Mar 2009 | Status: FX | 3,789 Posts

This is for those that are losing faith with shorties.... AND those that are caliming that we are in an uptrend...

Off course that is my long term view.

Attached Image (click to enlarge)

Click to Enlarge

Name: cable.JPG
Size: 129 KB

Veni, Vidi, Vici (We came, we saw, we conquered)

#193,369
Jan 15, 2010 2:14am Jan 15, 2010 2:14am

thetruthspy
| Joined Nov 2009 | Status: Trader | 204 Posts

Quoting konrad20

Disliked

Yes, but may I ask how you came up w/ target of 6150?

Ignored

http://www.forexfactory.com/search.p...duser&u=124852

#193,370
Jan 15, 2010 2:17am Jan 15, 2010 2:17am

samdani786
| Commercial User | Joined Feb 2008 | 7,908 Posts

Quoting big_pipin

Disliked

anyone short with me?..here we go 6150 c'mon!!

Ignored

Attached Image (click to enlarge)

Click to Enlarge

Name: cable.gif
Size: 21 KB

The finest tool in the world still needs a MAN who KNOWS how to use it.

#193,371
Jan 15, 2010 2:21am Jan 15, 2010 2:21am

EliteFX
| Joined Nov 2009 | Status: Trader | 139 Posts

I think (rightly or wrongly) that we need a clear hourly close below 1.6308 otherwise things are still bullish..

Attached Image (click to enlarge)

Click to Enlarge

Name: GBP-down.JPG
Size: 48 KB

Don't tell me how much you can earn. Tell me how much you may lose..

#193,372
Jan 15, 2010 2:22am Jan 15, 2010 2:22am

fourxtrader
Joined Mar 2007 | Status: 'sleeping in a dumpster' | 2,151 Posts

All we may have here is a move down winding the
5m chart tighter... then analyze the next move.

Dr. C.

Attached Image

#193,373
Jan 15, 2010 2:22am Jan 15, 2010 2:22am

manize
| Joined Dec 2007 | Status: Trader | 3,220 Posts

:nerd: M15 1.6309/12 !

I only trade XAU/USD. Based on USD news & Fib SR & BB20

#193,374
Jan 15, 2010 2:28am Jan 15, 2010 2:28am

bbmac
Joined Jul 2007 | Status: Trader | 5,392 Posts

Quoting Bull_Bear

Disliked

This is for those that are losing faith with shorties.... AND those that are caliming that we are in an uptrend...

Off course that is my long term view.

Ignored

Hi BB, Long time, hope u r well,

We are currently indisputably in an uptrend 1hr/4hr and on the Daily chart from the 5830 low on 30th Dec we have a LL, LH,HL and now a H above last LH of that t/f's downtrend....As for weekly chart -it is ranging. I know there are many flat eath deniers (particularly over @ Dt's thread) but that is the current situation....Question now is will the supply in the zone shown on chart below (overnight Hi 6354 in that zone @ the 50% fib and trend line) be sufficient to cause at least an extended pullback or more to rescue those shorts?

G/L

http://i48.tinypic.com/2nba9oo.jpg

ex member