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Cable Update (GBPUSD)

  • #197,341
  • Feb 1, 2010 3:15am Feb 1, 2010 3:15am
Quoting Bull_Bear
LOL... How are you Ifty? Been a long time mate....

Mate you can take over the patrol.
LOL BB. I am great bro. Had a few lucky trades in december which were superb but have taken January off with Wormies advice. Starting properly today but trying to access the big picture. I have read a few of your posts bro and just want to say .. keep it up, your doing a great job as usual .
You've got to be IN IT to WIN IT!
  • #197,342
  • Feb 1, 2010 3:16am Feb 1, 2010 3:16am
It's suicide to go long right now
On all TF , price action is showing downside
We just need to wait until the move is exhausted i think
COT: The precious data ignored
  • #197,343
  • Feb 1, 2010 3:19am Feb 1, 2010 3:19am
support of 5905 holding nicely.... MACD and OsMA becoming bullish..the bulls are congregating nearby...
  • #197,344
  • Feb 1, 2010 3:20am Feb 1, 2010 3:20am
Quoting big_pipin
So I take it, you're bullish too?
well I have my points on chart where I am/then i have points where I'm not.
6100 6279 are bear possibilities for me.Last week I had this area pegged 5900 /5850 as well for a possible turn point.I trade smaller time frames /but look at the bigger pic and where I want to head inside the bigger pic
  • #197,345
  • Feb 1, 2010 3:22am Feb 1, 2010 3:22am
Quoting Fly2
well I have my points on chart where I am/then i have points where I'm not.
6100 6279 are bear possibilities for me.Last week I had this area pegged 5900 /5850 as well for a possible turn point.I trade smaller time frames /but look at the bigger pic and where I want to head inside the bigger pic

lol i got the same resistance points as well, but of course who doesn't right? . I think a long here, and a ride back to 6100 wouldn't be a bad week.
  • #197,346
  • Feb 1, 2010 3:23am Feb 1, 2010 3:23am
Quoting javapips
all indicator may say it bear...,but our experience say 'have to long first'...,

so the conclusions is...,we have to wait...,

relax BB....don't need to rush...,this is monday...and london just opened...
Javapips,
All D1, W1 and monthly charts indicated down, base on what experience said that "have to long first"??
Face both Win and Lose bravely
  • #197,347
  • Feb 1, 2010 3:24am Feb 1, 2010 3:24am
Quoting Fly2
so far looking good but is early yet
Long from 1.5910 - SL 1.5875 - Target = blue sky (We need good data out in 7 mins to send the cable north)
May the forex be with you |
  • #197,348
  • Feb 1, 2010 3:27am Feb 1, 2010 3:27am
an 29, 2010 4:36am
http://cdn.forexfactory.com/nfs/cust...tar84819_5.gif Fly2 http://cdn.forexfactory.com/images/s...ser_online.gif
My broker don't let me tradethepast
Member Since Nov 2008
1,678 Posts

http://cdn.forexfactory.com/images/icons/icon1.gif
5900 here we come hehe

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Quoting big_pipin
So I take it, you're bullish too?
  • #197,349
  • Feb 1, 2010 3:29am Feb 1, 2010 3:29am
Quoting javapips
all indicator may say it bear...,but our experience say 'have to long first'...,

so the conclusions is...,we have to wait...,

relax BB....don't need to rush...,this is monday...and london just opened...
I missed your post....

I know its bearish, counter trend has strong reasoning and based.

http://www.forexfactory.com/showpost...stcount=197293

Good Luck
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #197,350
  • Feb 1, 2010 3:30am Feb 1, 2010 3:30am
right on time the 8 oclock bar I love it/I think I'm gonna just use this every night/till it fails/if it stays true/so far it has for quite some time and usually min of 100 pips
  • #197,351
  • Feb 1, 2010 3:34am Feb 1, 2010 3:34am
Good news for GBP, looks like the central bankers are starting to buy.
May the forex be with you |
  • #197,352
  • Feb 1, 2010 3:35am Feb 1, 2010 3:35am
[quote=quantz;3418636]
Quoting EliteFX
We are on the same page BTW, let's pray...

its not the good news for me after 30 pips down i will start..... now listening high hopes, but hope is killing.
I'm glad you think like that

I'm very still very positive to see GU go up at least till 1.6000

However like they say; no body is bigger than the market
Don't tell me how much you can earn. Tell me how much you may lose..
  • #197,353
  • Feb 1, 2010 3:36am Feb 1, 2010 3:36am
Quoting FXFundi
Good news for GBP, looks like the central bankers are starting to buy.

Or they waited for the news to make higher prices to short it
COT: The precious data ignored
  • #197,354
  • Feb 1, 2010 3:41am Feb 1, 2010 3:41am
Quoting FXFundi
Good news for GBP, looks like the central bankers are starting to buy.

Typical Bankers looks like they might want to take 'your' stop first. Ah don't you just 'love' this, slowly does it......
  • #197,355
  • Feb 1, 2010 3:41am Feb 1, 2010 3:41am
Quoting kuroro001
Or they waited for the news to make higher prices to short it
Hmmmm I think they are on their coffee break - come on chaps how about buying some Pounds - a bargain at the price, roll up, roll up.
May the forex be with you |
  • #197,356
  • Feb 1, 2010 3:42am Feb 1, 2010 3:42am
I'm going long now with tight SL awaiting retracement
  • #197,357
  • Feb 1, 2010 3:45am Feb 1, 2010 3:45am
There are still a lot of sellers right now
Scalping looks ok..but i don't think you'll catch 150 pips...maybe with the US session who know
I'm staying with my shorts though
COT: The precious data ignored
  • #197,358
  • Feb 1, 2010 3:49am Feb 1, 2010 3:49am
Quoting Bull_Bear
*CLICK*

Don't wanna waste my breath
Here is the clown nose back...you can use it as a gag ball...
  • #197,359
  • Feb 1, 2010 3:53am Feb 1, 2010 3:53am
Quoting kuroro001
Or they waited for the news to make higher prices to short it
Look like they aint any technical analyst here... Should have to check again is the "Cable Thread". Come whatz the Indicators tell us now... And stop worring about the News "Fundamentals"

Stoch & RSI is all over sold for a long term.
A positive divergence in MACD in the 1hr Chart
Parabolic Star is Sell
Head and Shoulder patteren in the Daily Chart


Make for the "Short Term" is SOUTH...
  • #197,360
  • Feb 1, 2010 3:57am Feb 1, 2010 3:57am
let the buying games begin about to have the 1 hr doji
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