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Cable Update (GBPUSD)

  • #197,921
  • Feb 3, 2010 6:46am Feb 3, 2010 6:46am
@GlobalMacro + Magic

Give your Analysis, please
Thx before...
Always looking the GREAT, never left GOOD Point...
  • #197,922
  • Feb 3, 2010 6:47am Feb 3, 2010 6:47am
Quoting javapips
i thought i'm the most crazy one..,but here is another one..., i only have 2 OP kill..., you win...,

BTW kill...,what will you do if ADP is Bad?? close immediatly?

hope the best for you,,,,

stop loss u cant close it moves too fast i am long now from 57 stop @40
  • #197,923
  • Feb 3, 2010 6:51am Feb 3, 2010 6:51am
why didn't i sell at 1.6000, dammit
  • #197,924
  • Feb 3, 2010 6:55am Feb 3, 2010 6:55am
GBPUSD is bouncing hard of the 50% FIB, time for a quick long scalp.
  • #197,925
  • Feb 3, 2010 6:58am Feb 3, 2010 6:58am
Please Red, direct me to the link that I can read this daily. Thanks very much. coooool

Quoting redsheriff
Daily Market Scenario - Wednesday 03 February 2010 (Setup -- Rolling 24-hour rates)


XAU-USD * 1114.49 *

One move lower to 1102.94 / 07 or 1091.39 is anticipated while below 1116.42 - 1122.19 area. Stops above 1129.90 zone ...






Good Luck ! ! !


;-)
  • #197,926
  • Feb 3, 2010 7:00am Feb 3, 2010 7:00am
news reaction:
1- good news>> I think gbp was priced in for it and there will be consolidation
even up

2-bad news>> jump up!

3- near>> slow move up even jump

wait and see
  • #197,927
  • Feb 3, 2010 7:01am Feb 3, 2010 7:01am
Quoting ice_chill
GBPUSD is bouncing hard of the 50% FIB, time for a quick long scalp.
Its not moving at all on upside. looking to brake even my long.
  • #197,928
  • Feb 3, 2010 7:03am Feb 3, 2010 7:03am
Quoting ice_chill
GBPUSD is bouncing hard of the 50% FIB, time for a quick long scalp.
the downtrend on the H1 is pretty strong you know...
  • #197,929
  • Feb 3, 2010 7:18am Feb 3, 2010 7:18am
Non-Farm Employment Change

Don't tell me how much you can earn. Tell me how much you may lose..
  • #197,930
  • Feb 3, 2010 7:21am Feb 3, 2010 7:21am
Quoting EliteFX
Non-Farm Employment Change

It was the adp report , Non Farm Payroll is Friday
  • #197,931
  • Feb 3, 2010 7:28am Feb 3, 2010 7:28am
Quoting digger1
It was the adp report , Non Farm Payroll is Friday
yes know that
Don't tell me how much you can earn. Tell me how much you may lose..
  • #197,932
  • Feb 3, 2010 7:29am Feb 3, 2010 7:29am
Hoping to long at 1.5900 target 1.5950. YOUR OPINION?
  • #197,933
  • Feb 3, 2010 7:34am Feb 3, 2010 7:34am
chosing indicators over trend and buying
  • #197,934
  • Feb 3, 2010 7:35am Feb 3, 2010 7:35am
Quoting marcus1rex
the downtrend on the H1 is pretty strong you know...
Yes, DP Today 1.5961 already broken on M15. Let us wait H1 to confirm goes more down !
Attached Image (click to enlarge)
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #197,935
  • Feb 3, 2010 7:37am Feb 3, 2010 7:37am
Quoting tundeakins
Hoping to long at 1.5900 target 1.5950. YOUR OPINION?
My opinion....If you have to ask, you should be looking to short the spikes, not play against the major.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #197,936
  • Feb 3, 2010 7:40am Feb 3, 2010 7:40am
Quoting Magix
My opinion....If you have to ask, you should be looking to short the spikes, not play against the major.
I am looking for spike at 1.5961/76 ! Maybe on the news at 10.00 am.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #197,937
  • Feb 3, 2010 7:41am Feb 3, 2010 7:41am
Price went 16 pips higher then my highest entry and turned within 1 hour of the cycle line, so over all a very good setup for me. Currently I am +100 and +60 on my trades will look to close one of them at London close perhaps. the next timeline hits on London open tomorrow and there are two at that time, so I will be watching that closely for a top or bottom.

Shawn

PS this also hit the 50% fib of the whole last move down, so I am definitely expecting a new low on this swing.

Quoting sswilli99
I see this move up stopping between 1.6014 and 1.6052. The price bounced exactly at the 38% fib and should stop between the 50 and 61% then continue down. I will be selling at both of those levels with my stop at 1.6210. Most likely will close before then, depending on price action around the London open.

Shawn
Attached Image(s) (click to enlarge)
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  • #197,938
  • Feb 3, 2010 7:42am Feb 3, 2010 7:42am
Quoting manize
I am looking for spike at 1.5961/76 !
I am thinking your forecast is pretty good.
I currently have top side spike at absolute top to be in the 1.5999 to the next immediate at about 1.5983-88.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #197,939
  • Feb 3, 2010 7:45am Feb 3, 2010 7:45am
well we have wiped out 40 hours worth of gains in 6 hours , we are sitting on my proverbial line in the sand , the weekly open if it bounces will see what it acts like around todays open price, will continue holding shorts already taken with a tgt of yesterdays low at 1.5900 area
  • #197,940
  • Feb 3, 2010 7:46am Feb 3, 2010 7:46am
realy good news for $ but no huge reaction market has doubt for more down movement
wait i don trust to sell but afraid from buy
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