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Cable Update (GBPUSD)

  • #199,301
  • Feb 12, 2010 4:11am Feb 12, 2010 4:11am
There is actually partial sorting which to scalper's is good enough, infact i think we may have crossed the line, i view LONG to hit 1.58, but like i also said w would have to wait a while. Mean time watch 1hr, it is nasty like i said, long may be sometime later.......



Quoting wormboy
Forgot chart.
Absolutely no short positions imho unless scalping. Good luck

p/s : Looks like it's gonna be a while before I'm proven wrong Petar Serbia
  • #199,302
  • Feb 12, 2010 4:12am Feb 12, 2010 4:12am
DAAG NABBIT!

Here we go some more...
(i hope)! But i would be hard pressed to jump
in the 'Pimp my Ride' about now!
Then again, come on WORLD, "SHORT"!

Quoting Ctic
No sooner I click the button and we get the move down.

C.
I will work to Objectively Identify my Edges
  • #199,303
  • Feb 12, 2010 4:20am Feb 12, 2010 4:20am
Hot wormboy coming up

http://www.iabeef.org/May/D.%20Clip%...5CGrilling.jpg
  • #199,304
  • Feb 12, 2010 4:23am Feb 12, 2010 4:23am
Attachment

i will think GU will testing again at 5654 before she going down till 5535 n 5480.... and she had resistance at 5769 n 5743.....

does any suggestion to me is that right trend for right now??

tq b4 guys....
have a nice trading
  • #199,305
  • Feb 12, 2010 4:34am Feb 12, 2010 4:34am
Placed buy 1.5595 t.p 1.5810, who cares to know Get me all there pips' again
  • #199,306
  • Feb 12, 2010 4:36am Feb 12, 2010 4:36am
Guess what forexlion, you would be the next lion for dinner, wormboy gonna feed also.........



Quoting forexlion
Hot wormboy coming up

http://www.iabeef.org/May/D.%20Clip%...5CGrilling.jpg
  • #199,307
  • Feb 12, 2010 4:44am Feb 12, 2010 4:44am
Quoting Ctic
Wormie,

Agreed. I do believe the longer term move will be a long. The reason I said first up then down is simple. First test was the fib test. Second test was the classic buy up before Mervin King spoke and sent it flying down. Third test as seen by the chart is bouncing off the 200 SMA which convienently is at the 5750 mark.

In short: Play up, scalp down. Although this week I found myself scalping all the time.

C.
Hi C, yup I was explaining my charts for the larger tf in general.
I don't reckon 5750 level would hold. Htf had indicated bottoming out. Three tries failed to break low, if sellers were interested they would've done it by now. Euro is a good example, one new low after another. Clearly not the case with cable. Unless of course if they decide to spring a surprise for us small retailers later lol.

Good luck my friend
Thank You
  • #199,308
  • Feb 12, 2010 4:45am Feb 12, 2010 4:45am
Tp 1 : 1.5591




Tp2 : 1.5520



Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD, H1_20100212.jpg Size: 159 KB
* Never Trust To Any Indicator *
  • #199,309
  • Feb 12, 2010 4:46am Feb 12, 2010 4:46am
Quoting fendi
There is actually partial sorting which to scalper's is good enough, infact i think we may have crossed the line, i view LONG to hit 1.58, but like i also said w would have to wait a while. Mean time watch 1hr, it is nasty like i said, long may be sometime later.......
I would've scalped this awesome range if I could afford the time this week tbh. Those who did would've laughed their way to the bank.
Thank You
  • #199,310
  • Feb 12, 2010 4:52am Feb 12, 2010 4:52am
hi

Cable on daily chart have support @ 1.5569 ... let us see if it gonna hold or not .... when it real break we could see 1.5480 ... 4 hour chart under sell pressure
  • #199,311
  • Feb 12, 2010 4:54am Feb 12, 2010 4:54am
short at 1.678..tp 1.578..t.s 15 pips..25 pips more to achieve my target for today
  • #199,312
  • Feb 12, 2010 4:54am Feb 12, 2010 4:54am
"Took Profit"...
And just before she broke yet,

ANOTHER, LOW!

Too Scared to take a "Retrace" here!
Though it looks like that's happening a "bit"!

We will see, we will see...
I will work to Objectively Identify my Edges
  • #199,313
  • Feb 12, 2010 4:58am Feb 12, 2010 4:58am
Quoting wormboy
I would've scalped this awesome range if I could afford the time this week tbh. Those who did would've laughed their way to the bank.
Ha..Ha...Ha...Ha..Ha.

Hi ho, Hi ho it's off to the bank we go.
  • #199,314
  • Feb 12, 2010 5:03am Feb 12, 2010 5:03am
Quoting Shad
Tp 1 : 1.5591




Tp2 : 1.5520



Tp1 Was Done , Now We Go Up To 1.5682.

* Never Trust To Any Indicator *
  • #199,315
  • Feb 12, 2010 5:05am Feb 12, 2010 5:05am
I took (Your) "111"

"PipperOOnie'$" to the Bank C...
-As we've discussed on 'Takin' profits!

And, 'know she's gonna "Retrace" but when?
NY's probably just gonna attempt 'Lower',
@Least for a "test".

Ahhh the fun of it all! !
Happy TRading,
Terrapin Pipper,

Jeff !
I will work to Objectively Identify my Edges
  • #199,316
  • Feb 12, 2010 5:11am Feb 12, 2010 5:11am
we need a break up or down other wise we are stuck in the range with the dexy flying high i think we will see new low's
Attached Image (click to enlarge)
Click to Enlarge Name: h1 cable.gif Size: 30 KB
  • #199,317
  • Feb 12, 2010 5:12am Feb 12, 2010 5:12am
Quoting TerpFan2
I took (Your) "111"

"PipperOOnie'$" to the Bank C...
-As we've discussed on 'Takin' profits!

And, 'know she's gonna "Retrace" but when?
NY's probably just gonna attempt 'Lower',
@Least for a "test".

Ahhh the fun of it all! !
Happy TRading,
Terrapin Pipper,

Jeff !
I have a long in @ 5600. I didn't do my standard contract size though, 1/3 smaller -.1. for .4 trade. That way if it does break and drop I don't lose my week's profits SL 5550.

Reason for trade...15M chart showing 4H candle fibs @ 161.8. Reversal spot for retrace.
C.
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 15 KB
  • #199,318
  • Feb 12, 2010 5:14am Feb 12, 2010 5:14am
Those of you who might be interested in trading gold, there's a good opportunity in play at the moment. Gold is under pressure from the strengthening dollar and due for a major correction here. Just broke a key support. Possible 150 pip move to the downside. (Wednesdays lows of 1062.8.)
  • #199,319
  • Feb 12, 2010 5:15am Feb 12, 2010 5:15am
What leverage do u use. I begin from 1:2 to 1:4
  • #199,320
  • Feb 12, 2010 5:20am Feb 12, 2010 5:20am
salam hi all

hope every body had a sexy greeny pips
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