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Cable Update (GBPUSD)

  • #199,041
  • Feb 10, 2010 8:44am Feb 10, 2010 8:44am
thNX FOR MORAL support i m long since 5850 what should i do ,,,,,,,need help from experts
  • #199,042
  • Feb 10, 2010 8:44am Feb 10, 2010 8:44am
Quoting Magix
As for you son....

You have yet to answer my questions....

What is your target?
What is your R2R?

Please...I thought you were yet again finished with this thread.
Nothing from u since 45H, Hope all is fine
BTW Have we reach 1.60 yet?
  • #199,043
  • Feb 10, 2010 8:46am Feb 10, 2010 8:46am
the wise man is not bullshitng













http://www.forexfactory.com/showpost...stcount=198870
Attached Image
  • #199,044
  • Feb 10, 2010 8:48am Feb 10, 2010 8:48am
salam hi all

green pips for all

back in town
  • #199,045
  • Feb 10, 2010 8:51am Feb 10, 2010 8:51am
Quoting Magix
Forecast for the next weeks coming....

There are going to be a lot of accounts steeped in red.

I honestly feel for the traders who took a hit this week, but after having visited a few other G/U threads, I am starting to understand why.

I see plays posted that are beyond obscene, and charts posted with zero relevance, and a lot by those considered senior traders....
Are there some of you still seriously building longs?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #199,046
  • Feb 10, 2010 8:53am Feb 10, 2010 8:53am
Quoting Magix
Are there some of you still seriously building longs?

not me wise man may be @15500
  • #199,047
  • Feb 10, 2010 8:53am Feb 10, 2010 8:53am
Quote
USD
Fed Chairman Bernanke Testicles

Bernanke News coming up should cause BIG movemewnt.
  • #199,048
  • Feb 10, 2010 8:55am Feb 10, 2010 8:55am
Quoting forexlion
Bernanke News coming up should cause BIG movemewnt.
Thought this was cancelled ?
  • #199,049
  • Feb 10, 2010 8:58am Feb 10, 2010 8:58am
Quoting marbellafx
Thought this was cancelled ?
the news or his err ....
  • #199,050
  • Feb 10, 2010 8:58am Feb 10, 2010 8:58am
Quoting forexlion
Bernanke News coming up should cause BIG movemewnt.

no way
Attached Image
  • #199,051
  • Feb 10, 2010 9:02am Feb 10, 2010 9:02am
Quoting Magix
Are there some of you still seriously building longs?
Quoting egkid
Still have 1.6260 and 1.6385
Positions still in play over 750 ++
http://www.forexfactory.com/showthre...02#post3427502
  • #199,052
  • Feb 10, 2010 9:02am Feb 10, 2010 9:02am
Quoting kill56
not me wise man may be @15500
I wouldn't even consider guessing support for the time being. Checking the Monthly OSMA shrinking, heading to meet with the MACD....The Weekly MACD being red and OSMA to match, and now lets look at the 4hr....

Previous move on the H4, when we lost support of the 24SMA(Red line) and MACD was below zero, when the OSMA joined in on the action, we seen another massive fall. We have just seen the loss of support in a grand down size motion, losing support of the 24SMA, continuing on with the daily/weekly/monthly downtrend and people people are talking longs?

I dunno mango...I haven't been around much this week, did capture a couple of nice pips yesterday on the move up, 2x, closing second lots @ HOD yesterday, and glad I had that set as a target...Sadly I am flat now, but the last thing I am looking at is building long or speculating bottom...

Here's the chart.

Attached Image (click to enlarge)
Click to Enlarge Name: Cable4.jpg Size: 111 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #199,053
  • Feb 10, 2010 9:04am Feb 10, 2010 9:04am
Quoting egkid
http://www.forexfactory.com/showthre...02#post3427502
WTG EGKID!

Rock On Buddy!

And yessir, you are correct, this is still a great thread!
Quoting egkid
And still great one
Hats off to you Bro!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #199,054
  • Feb 10, 2010 9:15am Feb 10, 2010 9:15am
Quoting Magix
WTG EGKID!

Rock On Buddy!

And yessir, you are correct, this is still a great thread!


Hats off to you Bro!

Thanks Magix
There are very good traders here i enjoy learn from them
  • #199,055
  • Feb 10, 2010 9:24am Feb 10, 2010 9:24am
Quoting Magix
WTG EGKID!

Rock On Buddy!

And yessir, you are correct, this is still a great thread!


Hats off to you Bro!

yes magix, this is a good thread, well I am not building long posistions but have taken a small buy based on todays range , the gbp has done 189 pips today, not that it couldnt do more but worth a shot to me , I did catch a big portion of the down move
  • #199,056
  • Feb 10, 2010 9:29am Feb 10, 2010 9:29am
Short pressure too strong !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #199,057
  • Feb 10, 2010 9:34am Feb 10, 2010 9:34am
British Pound / US Dollar
60 Minute Bars
The GBPUSD broke its diamond top last week and the trend is down against 16076. The rarity and reliability of the diamond pattern makes the break especially bearish. Given the 3rd of a 3rd count from 16464, the first Fibonacci confluence is not until 14714/62. The rally from 15533 may be a 4th wave advance. The rally reversed at Elliott channel resistance / 38.2% retracement. Favor the downside.
  • #199,058
  • Feb 10, 2010 9:35am Feb 10, 2010 9:35am
Quoting Petar_Serbia
Good opotunity for sell based on my renko princip.We have clear 3 candles finished in a row,and last finished below 15 EMA,that is great opotunity but news is very important for for 2h and i will open this demo,still test phase...

I think this will help to someone...


Cheers
90 pips current and RRR 1:1 is hit,now will wait to see how much this can go
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdrenkocurent.gif Size: 24 KB
"Buy on fear, sell on greed !!!
  • #199,059
  • Edited 9:54am Feb 10, 2010 9:38am | Edited 9:54am
Bullish bend up on M5, let us see next, reversed up above 1.5594 or not, if reversed I am ready boarding long, other wise theorytically will go more down but I'll choose staying out, too scary to go short at the bottom area, my short has been closed at 1.5594 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #199,060
  • Feb 10, 2010 9:50am Feb 10, 2010 9:50am
Tomorrow EU Economic Summit will discuss about Greece bail-out..

Is this matter to Cable?
Patience + Discipline =
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