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Cable Update (GBPUSD)

  • #193,801
  • Jan 18, 2010 3:57am Jan 18, 2010 3:57am
i do think todays trend will remain north untill tomorrow.http://cdn.forexfactory.com/images/icons/icon14.gif
  • #193,802
  • Jan 18, 2010 4:09am Jan 18, 2010 4:09am
Hello guys this is the trade on Cable >




Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdblackdog.gif Size: 29 KB
"Buy on fear, sell on greed !!!
  • #193,803
  • Jan 18, 2010 4:12am Jan 18, 2010 4:12am
Quoting Bull_Bear
Hey bro, Stepped out for a while... could go either way mate, for now i'm betting on the 1.6350 buckling....

She's inching today and thats the danger....
nice advice...
  • #193,804
  • Jan 18, 2010 4:13am Jan 18, 2010 4:13am
It's crazy to go short now with such increasing volume.
1.6400-10 might cap the pair from going further up
  • #193,805
  • Jan 18, 2010 4:15am Jan 18, 2010 4:15am
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-01-18_USDX H1.jpg Size: 201 KB
Patience + Discipline =
  • #193,806
  • Jan 18, 2010 4:31am Jan 18, 2010 4:31am
cable breaksout to the upside.

My shorts are under water.
Attached Image (click to enlarge)
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  • #193,807
  • Jan 18, 2010 4:32am Jan 18, 2010 4:32am
it seems price may hit 1.6400 today.http://cdn.forexfactory.com/images/icons/icon14.gif
  • #193,808
  • Jan 18, 2010 4:34am Jan 18, 2010 4:34am
all still bullish but kinda overbought now ... so be ware
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  • #193,809
  • Jan 18, 2010 4:34am Jan 18, 2010 4:34am
Quoting brosd
it seems price may hit 1.6400 today.http://cdn.forexfactory.com/images/icons/icon14.gif
Don't think so bro ...
  • #193,810
  • Jan 18, 2010 4:43am Jan 18, 2010 4:43am
Quoting Jemmy
download has done..
any other e-book to share?
A Lots, Bro
But I have not much time reading & studying all books.
The Nature of Trends - Ray Barros (Including INDI) is the Best One.

Don't Worry, I'll chose the BEST for you & All Members.
Always looking the GREAT, never left GOOD Point...
  • #193,811
  • Jan 18, 2010 4:44am Jan 18, 2010 4:44am
Selling EURUSD and EURJPY, out of Cable...someone wants to jump on?
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.jpg Size: 202 KB
"Hate the sin, love the sinner." - Gandhi
  • #193,812
  • Jan 18, 2010 4:51am Jan 18, 2010 4:51am
because of US's bank holiday, today I'm just scalping the cable.
  • #193,813
  • Jan 18, 2010 4:51am Jan 18, 2010 4:51am
I'm shorting 1.6350 up to 1.6450, target is under 1.60 in the next 2 weeks or so IMO
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  • #193,814
  • Jan 18, 2010 4:52am Jan 18, 2010 4:52am
Quoting arrais
Tsar,

Could you plse upload the E-Book?

Thanks & Regards,
Arrais

Hi arrais,

Your request is accomplished !
Please enjoy and Learning...

Best Regards,


Tsar
Always looking the GREAT, never left GOOD Point...
  • #193,815
  • Jan 18, 2010 4:55am Jan 18, 2010 4:55am
Quoting Baby-Trader
cable breaksout to the upside.

My shorts are under water.
You mean wet ! Take THEM OFF !
  • #193,816
  • Jan 18, 2010 4:55am Jan 18, 2010 4:55am
It seems like cable is gonna make a head and shouldrs pattern before determining to go down...We might at the peak of the head on the pattern by looking at 30 minutes chart for the past 1-2 months
  • #193,817
  • Jan 18, 2010 4:57am Jan 18, 2010 4:57am
With one hour invesrted hammer candle stick at the peak of the Head, Cable might just dive towards 1.61xx levels from now, and retest 1.62xx level again in 2 days time...Then next, Cable might start to dive south
  • #193,818
  • Jan 18, 2010 4:58am Jan 18, 2010 4:58am
Quoting Baby-Trader
cable breaksout to the upside.

My shorts are under water.
don't worry about your shorts
  • #193,819
  • Jan 18, 2010 4:58am Jan 18, 2010 4:58am
Quoting Baby-Trader
cable breaksout to the upside.

My shorts are under water.
Volumes are very low as you probably know..Dont really think the volume is good enough to support the current Price Action...

We have a lot of resistance ahead there is now way this is going up in a straight line today....

Probably we will close where we started...

Good Luck GeppyG
Let Price determine your future!
  • #193,820
  • Jan 18, 2010 5:03am Jan 18, 2010 5:03am
Quoting Geppyg
Probably we will close where we started...
I don't be surprised, too
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