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Cable Update (GBPUSD)

  • #198,661
  • Feb 8, 2010 2:33pm Feb 8, 2010 2:33pm
hi all
how is u week room hope it was green
  • #198,662
  • Feb 8, 2010 2:36pm Feb 8, 2010 2:36pm
Quoting Clouds

That's it. I'm starting a thread called 'Shorts for GU'

I can bet U 12/5 ratio that Cable is going up in London session. Got a technique thats 70.5% accurate. Wait...
  • #198,663
  • Feb 8, 2010 2:38pm Feb 8, 2010 2:38pm
Quoting Reznik
I can bet U 12/5 ratio that Cable is going up in London session. Got a technique thats 70.5% accurate. Wait...
what price would make it invalid
  • #198,664
  • Feb 8, 2010 2:42pm Feb 8, 2010 2:42pm
Reloaded long 5608
  • #198,665
  • Feb 8, 2010 2:44pm Feb 8, 2010 2:44pm
cable goes south IMO
  • #198,666
  • Feb 8, 2010 2:45pm Feb 8, 2010 2:45pm
Quoting Cdawg
Ha, well I hope so.. I'm short at 1.6006, 1.5922, 1.5766... I was contemplating dumping the shorts at 1.5550 or so if we get back there..

Wait and see is the game ATM..
Wish you many lucky, i bought 1.5610 also GBPJPY and AUDUSD buy...




Cheers and happy piping
"Buy on fear, sell on greed !!!
  • #198,667
  • Feb 8, 2010 2:48pm Feb 8, 2010 2:48pm
Reloaded long 5608
  • #198,668
  • Feb 8, 2010 2:49pm Feb 8, 2010 2:49pm
Quoting Reznik
I can bet U 12/5 ratio that Cable is going up in London session. Got a technique thats 70.5% accurate. Wait...
you're profile says bullish on gbp/jpy and bearish on dow. is that still your sentiment? cause they are highly correlated.
  • #198,669
  • Feb 8, 2010 2:52pm Feb 8, 2010 2:52pm
Quoting meromar
Reloaded long 5608
careful, the bear is strong

http://rlv.zcache.com/bull_in_a_bear...12t5wm_400.jpg
  • #198,670
  • Feb 8, 2010 2:56pm Feb 8, 2010 2:56pm
http://www.forexfactory.com/attachme...1&d=1265662546

again
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  • #198,671
  • Feb 8, 2010 2:59pm Feb 8, 2010 2:59pm
Quoting Clouds
what price would make it invalid
Break 1.5652. Open Long 8 lots...
  • #198,672
  • Feb 8, 2010 3:07pm Feb 8, 2010 3:07pm
Quoting Touchdown
Where do you see the big boys shorting? DX is still down for the day so I'm still strongly favoring a retrace now. If we break 1.5625 now we could get a nice pop up IMHO. SL at BE anyway so my trade is safe.
Stopped out for BE, looking to enter long again at 1.5584. Still convinced 1.5533 was the bottom of this leg and the retrace has begun. I did expect some heavier buying at the 1.5602 level but stochastics are only showing oversold now. We'll see how this plays out.
  • #198,673
  • Feb 8, 2010 3:10pm Feb 8, 2010 3:10pm
Quoting Touchdown
Still convinced 1.5533 was the bottom.
why?
  • #198,674
  • Feb 8, 2010 3:18pm Feb 8, 2010 3:18pm
Quoting Clouds
why?
Heavy buying at the 1.5533-1.5555 area, bearish divergence on the 30M, and a new daily high on previous move up. Sorry I cant post a chart.
  • #198,675
  • Feb 8, 2010 3:28pm Feb 8, 2010 3:28pm
Quoting Touchdown
Heavy buying at the 1.5533-1.5555 area, bearish divergence on the 30M, and a new daily high on previous move up. Sorry I cant post a chart.
Also the DX is currently in a downward channel but has just reached the top of this channel so I expect to DX to start coming down now which will be cable's cue for the pop up IMHO.
  • #198,676
  • Feb 8, 2010 3:31pm Feb 8, 2010 3:31pm
is d finshed or we still have some more south
Attached Image (click to enlarge)
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  • #198,677
  • Feb 8, 2010 3:43pm Feb 8, 2010 3:43pm
Quoting forexer101
Hi guys, an amateur at EW here.. getting confused..

I've been trying to see the EW for the current cable. Is it at 3 or at B? If it's B, will 1.5915 be the right turn for the C? Indicator wise speaking.

thx

*Chart updated
hallo...,i'm not good enough in counting EW too, that's part so subjective for each EW'ers...,but i 'think' (it's just may be) your counting are wrong...,i mean...,yes you know what i mean...,too far....(once again...i said it is maybe...,)
try find EW counting from malcolmb in this thread...,some where here but i don't remember where it is..,or just give a PM to him..and ask for his last counting...,(i don't know will he answer or not, but just try) good luck...,
I will be the number one Manager.
  • #198,678
  • Feb 8, 2010 3:50pm Feb 8, 2010 3:50pm
dixy is not given up
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  • #198,679
  • Feb 8, 2010 4:06pm Feb 8, 2010 4:06pm
Quoting kill56
dixy is not given up

heyyy..,KILL here....,i thought you are already rich and don't want money anymore...,
this is still war here right now...,but i don't know why, their war move the market...,so more noisy in this thread market will get better too.., i hope all this kids gonna fight again tomorrow...,
I will be the number one Manager.
  • #198,680
  • Feb 8, 2010 4:07pm Feb 8, 2010 4:07pm
whats going on
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