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Cable Update (GBPUSD)

  • #200,981
  • Feb 21, 2010 10:59pm Feb 21, 2010 10:59pm
I am long Cable from here. US index going to drop.

I think its good for a carry trade too.
  • #200,982
  • Feb 21, 2010 10:59pm Feb 21, 2010 10:59pm
just to put my view into perspective, this is why i see GU doing in the next few days. It may go down to 1.4800 or 1.5000 then bounce up back to 1.5528
Attached Image
  • #200,983
  • Feb 21, 2010 11:03pm Feb 21, 2010 11:03pm
Quoting malcolmb14
I am not the Great Gandhi himself you know .... just have made some lucky calls.
"the great oracle" in small caps is a sizable honour.

Dr. D.
  • #200,984
  • Feb 21, 2010 11:13pm Feb 21, 2010 11:13pm
This pair has moved to the 38% retrace area. I'm still seeing a strong dollar and a lot of push to the downside to come. I'm looking for this to go to about 1.5050
  • #200,985
  • Feb 22, 2010 12:34am Feb 22, 2010 12:34am
I am thinking we may retrace down to the 50 fib line on the 1H chart. Nice spot to resume moving back upwards. At that spot 1.5450 we have the 50 fib line and the 2 shorter term MA's crossing. just my thought.
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  • #200,986
  • Feb 22, 2010 12:39am Feb 22, 2010 12:39am
Be patience, wait for the market driver and jump in.
Face both Win and Lose bravely
  • #200,987
  • Feb 22, 2010 12:43am Feb 22, 2010 12:43am
Quoting Ctic
I am thinking we may retrace down to the 50 fib line on the 1H chart. Nice spot to resume moving back upwards. At that spot 1.5450 we have the 50 fib line and the 2 shorter term MA's crossing. just my thought.
Seeing the support on the 5m chart...happens to be at about where market opened....

Still no short side confirm for me...

Sitting n watching

Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #200,988
  • Feb 22, 2010 12:55am Feb 22, 2010 12:55am
As I said before here or on another thread last week. Sometimes Economic Fundamentals override T/A, VSA, and charts, etc. With the crisis in the EZ, this is one of those times. G/U goes further down, imo.
  • #200,989
  • Feb 22, 2010 12:55am Feb 22, 2010 12:55am
i think it's pretty clear i won the vouches, if u want keep trying to go long , you're choice.
  • #200,990
  • Feb 22, 2010 12:57am Feb 22, 2010 12:57am
Quoting Clouds
i think it's pretty clear i won the vouches, if u want keep trying to go long , you're choice.
Just wait...Will move big here shortly.
  • #200,991
  • Feb 22, 2010 12:58am Feb 22, 2010 12:58am
Quoting Ctic
Just wait...Will move big here shortly.
move big down?!
  • #200,992
  • Feb 22, 2010 12:59am Feb 22, 2010 12:59am
Quoting Clouds
i think it's pretty clear i won the vouches, if u want keep trying to go long , you're choice.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #200,993
  • Feb 22, 2010 1:02am Feb 22, 2010 1:02am
Quoting Clouds
i think it's pretty clear i won the vouches, if u want keep trying to go long , you're choice.

hold on you said 75 pip under recent lows ....that is 1.5300 ish
Blogging daily now at www.volume.zone
  • #200,994
  • Feb 22, 2010 1:05am Feb 22, 2010 1:05am
You guys are all to good for me...As I like to trade confirmation, I am not short on a 5m chart yet as we still have hourly support.

This doesnt mean I am holding longs, I am flat, just means that until I see confirmation, I am not short yet.

Keep on, keeping on!
Attached Image (click to enlarge)
Click to Enlarge Name: sup5.jpg Size: 210 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #200,995
  • Feb 22, 2010 1:05am Feb 22, 2010 1:05am
Quoting malcolmb14
hold on you said 75 pip under recent lows ....that is 1.5300 ish
yes i know. but i dont know what your break out level is for shorts. mine has been taken out.
  • #200,996
  • Feb 22, 2010 1:07am Feb 22, 2010 1:07am
Quoting Clouds
yes i know. but i dont know what your break out level is for shorts. mine has been taken out.
15 min volumes ... cvheck em out

took a wee long 1.5452 , tp 45 pip
Blogging daily now at www.volume.zone
  • #200,997
  • Feb 22, 2010 1:10am Feb 22, 2010 1:10am
Quoting malcolmb14
15 min volumes ... cvheck em out

took a wee long 1.5452 , tp 45 pip
5460 was my level to be taken out
  • #200,998
  • Feb 22, 2010 1:11am Feb 22, 2010 1:11am
Quoting malcolmb14
15 min volumes ... cvheck em out

took a wee long 1.5452 , tp 45 pip
Very similar trades. 1 pip off.

http://www.forexfactory.com/showpost...&postcount=102

C.
  • #200,999
  • Feb 22, 2010 1:13am Feb 22, 2010 1:13am


Dear anyone that you think you are newbe,
i think ALL senior above my post are so stupid...,too much talking, and useless...
if you know, in some "secret" membership out there, all people talking and debating about
'price',
in what 'number',
not talking south or north anymore...,with so many vouch that they have, they all senior here should be shame..
we all here already to far left behind and why still talking about something that unnecessary...,what for?


Dear anyone that you think you are senior

so you thing that you are good enough, senior trader here, right?, but it doesn't mean that you can talk and act just like you are owner of this forum...
ok, don't too much talking anymore, even a girl not fight in "word" like you all do here...,
how about give high. low, close for this week movement,...
any senior with many vouch and big mouth able to give that? just quiet if you can't...
I will be the number one Manager.
  • #201,000
  • Feb 22, 2010 1:13am Feb 22, 2010 1:13am
Quoting Clouds
5460 was my level to be taken out
1.5450 is support for now
Blogging daily now at www.volume.zone
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