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Cable Update (GBPUSD)

  • #198,041
  • Feb 3, 2010 11:05pm Feb 3, 2010 11:05pm
Quoting MartinR
I bet $1 that in an hour or less we are at 1.5925/30

But please don't take this call, I'm from the 90% losers.
If you 90% loser then make a decision, then do the opposite of that, you will become 90% winner, unless your problem is of patience.
  • #198,042
  • Feb 3, 2010 11:18pm Feb 3, 2010 11:18pm
Quoting kilalik
If you 90% loser then make a decision, then do the opposite of that, you will become 90% winner, unless your problem is of patience.


A technique I used sometime last year and it paid well...
  • #198,043
  • Feb 3, 2010 11:19pm Feb 3, 2010 11:19pm
hai guy...
can post any prediction where gu going?
so boring market....
Revesal Trader
  • #198,044
  • Feb 3, 2010 11:42pm Feb 3, 2010 11:42pm
Dollar is presently the strongest currency in the world... By my technical analysis Cable will be Up for awhile During the US session. But right DOWN in the NY session. I holding SHORT till GBP improves...
  • #198,045
  • Feb 3, 2010 11:44pm Feb 3, 2010 11:44pm
Here is my analysis for the night. I am expecting it to top out around london open and look for a sell at the 38% fib. Of course this is just a plan so it all depends on price action around that time. I have a pending sell at 1.5949.

Shawn
Attached Image (click to enlarge)
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  • #198,046
  • Feb 4, 2010 12:18am Feb 4, 2010 12:18am
i expect a bearish move , but not now !
a pending order would be a good idea here
pending sell order @ 5928
  • #198,047
  • Feb 4, 2010 12:37am Feb 4, 2010 12:37am
Javapips,

On GU, I made back earlier lostes and contineous to make profit at this moment. I believe in D1 chart, it direction did not go too far wrong so far, but must have holding power.
Face both Win and Lose bravely
  • #198,048
  • Feb 4, 2010 12:48am Feb 4, 2010 12:48am
Quoting Cowboy11
Javapips,

On GU, I made back earlier lostes and contineous to make profit at this moment. I believe in D1 chart, it direction did not go too far wrong so far, but must have holding power.


Kudos!!!
  • #198,049
  • Feb 4, 2010 1:01am Feb 4, 2010 1:01am
Quoting Cowboy11
Javapips,

On GU, I made back earlier lostes and contineous to make profit at this moment. I believe in D1 chart, it direction did not go too far wrong so far, but must have holding power.

than that's good..., i remember that day i said "bearish...,but....,bla..bla..bla.., long first...," right

malcolmb posted some chard in this thread..,i don't know where is it..,but ,from his chard you may have an answer for this moving..,

don't to be so greedy nor happy...,it may move so fast untill you can't close your profit manual and become minus...,
happy green pips...,
I will be the number one Manager.
  • #198,050
  • Feb 4, 2010 1:01am Feb 4, 2010 1:01am
Quoting Reznik
Kudos!!!
My friend, what is "Kudos"? By the way GJ is not a good pair to invest at this moment, direction not so clear, chances of bullish is bigger.
Face both Win and Lose bravely
  • #198,051
  • Feb 4, 2010 1:11am Feb 4, 2010 1:11am
Javapips,

I am not greedy, only asking for 100++.
Face both Win and Lose bravely
  • #198,052
  • Feb 4, 2010 1:13am Feb 4, 2010 1:13am
Going long. See tail on candle
  • #198,053
  • Feb 4, 2010 1:42am Feb 4, 2010 1:42am
Quoting LetsTrade
Going long. See tail on candle
Just out of curiosity, why are you going long? Every chart is a bearish chart. All Ma's are pointing down, fibs point down, compressions point down. Lagging indicators point down. Just want to konw if you see someting I dont...

C.
  • #198,054
  • Feb 4, 2010 1:49am Feb 4, 2010 1:49am
Quoting Ctic
Just out of curiosity, why are you going long? Every chart is a bearish chart. All Ma's are pointing down, fibs point down, compressions point down. Lagging indicators point down. Just want to konw if you see someting I dont...

C.
Playing for short moves, Ctic. Do you think it will stop short of 5750 or it is down we go all the way ! Thanks for comments.
  • #198,055
  • Feb 4, 2010 1:51am Feb 4, 2010 1:51am
Quoting Ctic
Just out of curiosity, why are you going long? Every chart is a bearish chart. All Ma's are pointing down, fibs point down, compressions point down. Lagging indicators point down. Just want to konw if you see someting I dont...

C.
The long tail on M15 candle at this time in the morning, I think, has some meaning of direction; and secondly 1.5866 is the 61.8% fib expansion on the four chart. It is just one of the edges.
  • #198,056
  • Feb 4, 2010 1:54am Feb 4, 2010 1:54am
Quoting vilas
Playing for short moves, Ctic. Do you think it will stop short of 5750 or it is down we go all the way ! Thanks for comments.
Currently I have a short in that I entered yesterday @ 1.6000, just kind of watching right now. This spot here I feel is a critical spot, if it breaks here, which I feel it will we should head down to the next support of 1.5790 and then 1.5700. The 1.5700 is a major support IMO and we should not blow right threw. Look for a retrace at that point.

Just my opinion atm.
  • #198,057
  • Feb 4, 2010 2:18am Feb 4, 2010 2:18am
Quoting LetsTrade
The long tail on M15 candle at this time in the morning, I think, has some meaning of direction; and secondly 1.5866 is the 61.8% fib expansion on the four chart. It is just one of the edges.
I think the price will go down..because the ema 82 is above current price. From what i read from breakout thread method,ema 82 above current price 3-4 hours before london session open is the signal that price will breakout to lower price when market open..

just predict from what i learn..
  • #198,058
  • Feb 4, 2010 2:20am Feb 4, 2010 2:20am
No positions atm...better wait for the BOE and BCE decision i'd say
Who knows what they'll say....it could tank hard like it could rise
COT: The precious data ignored
  • #198,059
  • Feb 4, 2010 2:25am Feb 4, 2010 2:25am
Quoting kuroro001
No positions atm...better wait for the BOE and BCE decision i'd say
Who knows what they'll say....it could tank hard like it could rise
sorry newbie want to ask qustion here....at what time decision of BOE and BCE we will know...coz at calender...it say tentative....any one can help?
Revesal Trader
  • #198,060
  • Feb 4, 2010 2:28am Feb 4, 2010 2:28am
Quoting mygoldenpips
sorry newbie want to ask qustion here....at what time decision of BOE and BCE we will know...coz at calender...it say tentative....any one can help?
Its at 12:00 GMT... You can look at DailyFX calendar.

Regards!
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