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Cable Update (GBPUSD)

  • #202,441
  • Mar 1, 2010 4:57am Mar 1, 2010 4:57am
Amazing drop for shortersss
  • #202,442
  • Mar 1, 2010 4:58am Mar 1, 2010 4:58am
Quoting nek17
I dun think the news is that bad though, would find some opportunity enter long 5010-5000, am I being foolish here?
Wisely wait for untill USD news at 8.30 and 10 pm. There maybe a nice pull up, but maybe at a certain level will be spike and goes down again !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #202,443
  • Mar 1, 2010 5:03am Mar 1, 2010 5:03am
Quoting manize
Wisely wait for untill USD news at 8.30 and 10 pm. There maybe a nice pull up, but maybe at a certain level will be spike and goes down again !
hence my sidelining at the moment
  • #202,444
  • Mar 1, 2010 5:03am Mar 1, 2010 5:03am
Damn I have no more any record support pivot level. Don't know up to where will go down. Highly possible untill 61.8% fibo 1.3500 - 1.7041 ---> 1.4870 ! I moved SL at 1.5050 ! Today I am very greedy !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #202,445
  • Mar 1, 2010 5:06am Mar 1, 2010 5:06am
I finally got myself to sign up for FF!!!

I am very bearish on this pair! I would not go long on this pair anytime soon. I suggest that you find a good opportunity and try to short because the the chart is bearish!
  • #202,446
  • Mar 1, 2010 5:06am Mar 1, 2010 5:06am
Quoting manize
Damn I have no more any record support pivot level. Don't know up to where will go down. Highly possible untill 61.8% fibo 1.3500 - 1.7041 ---> 1.4870 ! I moved SL at 1.5050 !
long triggered and *_*
  • #202,447
  • Mar 1, 2010 5:08am Mar 1, 2010 5:08am
Quoting manize
Damn I have no more any record support pivot level. Don't know up to where will go down. Highly possible untill 61.8% fibo 1.3500 - 1.7041 ---> 1.4870 ! I moved SL at 1.5050 ! Today I am very greedy !
easy now bro, these levels are fundamentally surprising yes, technically no...just have to wait for the pa to play out in ny session and also to see where we close for the day, I reckon if we close below 1.50 today the pair will landslide
  • #202,448
  • Mar 1, 2010 5:08am Mar 1, 2010 5:08am
Quoting nek17
long triggered and *_*
And went more down !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #202,449
  • Edited 5:11am Mar 1, 2010 5:09am | Edited 5:11am
support is 1.4950

april 16 09
  • #202,450
  • Mar 1, 2010 5:10am Mar 1, 2010 5:10am
I am long now for the pullback
  • #202,451
  • Mar 1, 2010 5:11am Mar 1, 2010 5:11am
Closed short. + 181 pips

Now long at 4975.....
  • #202,452
  • Mar 1, 2010 5:11am Mar 1, 2010 5:11am
Quoting Bull_Bear
Ub not now mate, have entry order at 1.5010...
i am enter too from that level bro with you coz i remember i missed train with you last year when market went up from this level...but now i will never miss these opportunities..

have a good day

Ub
  • #202,453
  • Mar 1, 2010 5:15am Mar 1, 2010 5:15am
I use the 272 and 618 levels a lot on smaller ranges during the day , they work quite well , the 618 level of the 6 month range on the daily chart is looming closer as the selling intensified the last few weeks , it may get hit it may not but something I have been watching as a longer term target before getting to carried away about holding any long trades for very long. I have had a few longs but mostly trying to find good reasons to short Cheers
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  • #202,454
  • Mar 1, 2010 5:16am Mar 1, 2010 5:16am
Quoting forexlion
I am long now for the pullback
.
Attached Image (click to enlarge)
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  • #202,455
  • Mar 1, 2010 5:20am Mar 1, 2010 5:20am
There is black hole sucking GBP in.
  • #202,456
  • Mar 1, 2010 5:25am Mar 1, 2010 5:25am
Quoting forexlion
.
I see you are all long now - you really think the pullback is happening now? You all seem so sure - shall I join or not!?
  • #202,457
  • Mar 1, 2010 5:30am Mar 1, 2010 5:30am
Quoting Flo7
I see you are all long now - you really think the pullback is happening now? You all seem so sure - shall I join or not!?

Hi flo... from a newbie to another... if u are not sure or u think u have reasons to do something, don't pull the trigger. Here u learn strategies and point of view, but often u will see 50% people telling that it's going up, and 50% telling it's going down
I don't want a job, i want money!
  • #202,458
  • Mar 1, 2010 5:30am Mar 1, 2010 5:30am
Quoting Flo7
I see you are all long now - you really think the pullback is happening now? You all seem so sure - shall I join or not!?
Long from 47 quick pips.
  • #202,459
  • Mar 1, 2010 5:30am Mar 1, 2010 5:30am
This could be a reversal. I hope you guys remember one year ago a round same time.
  • #202,460
  • Mar 1, 2010 5:30am Mar 1, 2010 5:30am
Quoting Accumulation
Keeping it simple.



Attachment
First good chart I've seen today, of course my chart concur too
Veni, Vidi, Vici (We came, we saw, we conquered)
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