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Cable Update (GBPUSD)

  • #197,801
  • Feb 2, 2010 1:04pm Feb 2, 2010 1:04pm
Quoting kill56
dixy down oil hell way up dow the same shittt gold tooo what the hell holding eu and cable ist the aud from last night or they will expload through the roof
why havent they by now? I think that just shows that the downward pressure is very strong.
  • #197,802
  • Feb 2, 2010 1:06pm Feb 2, 2010 1:06pm
I dont really know how you guys make your analysis, but during the last 1.5 yrs e/u g/u has always gone up when stocks and gold and oil go up....... The risk is on,, high yeilders go up, specialy the nzd, cad and aud
  • #197,803
  • Feb 2, 2010 1:10pm Feb 2, 2010 1:10pm
Quoting skerdi-meta
I dont really know how you guys make your analysis, but during the last 1.5 yrs e/u g/u has always gone up when stocks and gold and oil go up....... The risk is on,, high yeilders go up, specialy the nzd, cad and aud
right thats why we are trying to figure out whats going on today, and why EU and GU havent rallied
  • #197,804
  • Feb 2, 2010 1:12pm Feb 2, 2010 1:12pm
Quoting skerdi-meta
I dont really know how you guys make your analysis, but during the last 1.5 yrs e/u g/u has always gone up when stocks and gold and oil go up....... The risk is on,, high yeilders go up, specialy the nzd, cad and aud
All market behaviour is descripted on the chart ! GU move up since the latest 11 hrs, dunno a few hours next ! My key level is 1.5976 currently !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #197,805
  • Feb 2, 2010 1:15pm Feb 2, 2010 1:15pm
Quoting skiffx
right thats why we are trying to figure out whats going on today, and why EU and GU havent rallied
alright, I c, probably bcus this is just a retracement, the sentiment is all usd bullish... This means, they'll probably go down, the last 2 week they've been goin down on bad and good us news... Question is, up 2 where are they gonna retrace????
  • #197,806
  • Feb 2, 2010 1:16pm Feb 2, 2010 1:16pm
Quoting skiffx
why havent they by now? I think that just shows that the downward pressure is very strong.

bro i am short and i will sell the rallies under 16000
  • #197,807
  • Feb 2, 2010 1:18pm Feb 2, 2010 1:18pm
Charts are speaking. Try to read it.
see attached and see the old post

old post

http://www.forexfactory.com/showthre...99926&page=277

Good Luck all
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  • #197,808
  • Feb 2, 2010 1:23pm Feb 2, 2010 1:23pm
have a look B T
Attached Image (click to enlarge)
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  • #197,809
  • Feb 2, 2010 1:24pm Feb 2, 2010 1:24pm
Quoting skerdi-meta
alright, I c, probably bcus this is just a retracement, the sentiment is all usd bullish... This means, they'll probably go down, the last 2 week they've been goin down on bad and good us news... Question is, up 2 where are they gonna retrace????
What I wacth is not up 2 where but she'll go up or go down next few hrs, don't care just only 20 pips or 100 pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #197,810
  • Feb 2, 2010 1:32pm Feb 2, 2010 1:32pm
Quoting Freddyfx
Pay attention when you trade and don't chat so much here all the time, LOL.

Saved the YouTube postings, so tomorrow I can play them, gracias amigo.

Thanks Amigo, sometimes I trade so much, I just have to talk to somebody

Stay well my friend
"Keep your eyes on the helpers" - Mr. Rogers
  • #197,811
  • Feb 2, 2010 1:36pm Feb 2, 2010 1:36pm
we are stuck between the 2 darn lines

a break above or below needed magix was right may be stuck tell the NFP
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  • #197,812
  • Feb 2, 2010 1:44pm Feb 2, 2010 1:44pm
Quoting Baby-Trader
Charts are speaking. Try to read it.
see attached and see the old post

old post

http://www.forexfactory.com/showthre...99926&page=277

Good Luck all
BT,

This is a very good analysis and it agrees with my posts from last night.

http://www.forexfactory.com/showpost.php?p=3421564&postcount=197572

http://www.forexfactory.com/showpost.php?p=3421763&postcount=197608
The two levels are the exact same and are the 100 fib lines from monthly and quarterly fibs.
C.
  • #197,813
  • Feb 2, 2010 1:47pm Feb 2, 2010 1:47pm
Quoting mygoldenpips
sorry me newbie here....just want to ask any kind and experince trader....
i understand, but are you still at the point where you cannot make any analysis at all? best thing to do is to make your analysis and ask other people what they think about it.
  • #197,814
  • Feb 2, 2010 1:54pm Feb 2, 2010 1:54pm
Quoting Magix
If one was to only look at a 4hr chart, this might make sense. But...lets check out the weekly. We have lost support of the chart, have a weakened bullish outlook and have gone subzero on the MACD.

FWIW...maybe have a check back on any time frame using just a MACD. See what happens with price in relation.

And

Throw up a daily chart...I think you might see the same thing.



Though anything is possible, moving up to 1.67 isn't really altogether probable.
Agreed.... 1.6700 seems a but unrealistic at the moment, but I am seeing somewhere between 1.6050 and 1.6150 for the shorts to start re-entering the equation. 1.6130 area is a retest of the broken trendline on the daily chart. Will post some charts a bit later.
"Keep your eyes on the helpers" - Mr. Rogers
  • #197,815
  • Feb 2, 2010 2:01pm Feb 2, 2010 2:01pm
Quoting damonl
Agreed.... 1.6700 seems a but unrealistic at the moment, but I am seeing somewhere between 1.6050 and 1.6150 for the shorts to start re-entering the equation. 1.6130 area is a retest of the broken trendline on the daily chart. Will post some charts a bit later.
I agree, I am looking in the same area to release my long and possibly look for shorts.
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  • #197,816
  • Feb 2, 2010 2:12pm Feb 2, 2010 2:12pm
Feb 3rd Pound Expected Low can be 1.5940 and high could be 1.6030 ..


Ub
  • #197,817
  • Feb 2, 2010 2:34pm Feb 2, 2010 2:34pm
Quoting ubaidahsan
Feb 3rd Pound Expected Low can be 1.5940 and high could be 1.6030 ..


Ub
Will it go to 1.6030 first or 1.5940?
  • #197,818
  • Feb 2, 2010 2:56pm Feb 2, 2010 2:56pm
Quoting intrepid1
Will it go to 1.6030 first or 1.5940?
Hedge your trade with those 2 positions as T/P.

lol..

If only it was just this easy.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #197,819
  • Feb 2, 2010 3:01pm Feb 2, 2010 3:01pm
Quoting Magix
Hedge your trade with those 2 positions as T/P.

lol..

If only it was just this easy.
I just want to check the accuracy.
  • #197,820
  • Feb 2, 2010 3:08pm Feb 2, 2010 3:08pm
Quoting Magix
Hedge your trade with those 2 positions as T/P.

lol..

If only it was just this easy.

man u are good predicting the trend bro why not open an office with wise man
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