Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#203,441
Mar 4, 2010 4:38am Mar 4, 2010 4:38am

kill56
Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts

Quoting omiunu

Disliked

HEY BRO. IN WHAT DIRECTION DO YOU THINK THE MARKET IS GOING? I AM SHORT FROM 1.5080

Ignored

bro for u sake lets hope it dos not break yesterday high then 15150 in play other wise we are going back down thats what i see bro

#203,442
Mar 4, 2010 4:38am Mar 4, 2010 4:38am

Baby-Trader
Joined Oct 2009 | Status: Trader | 1,342 Posts

Quoting omiunu

Disliked

HEY BRO. IN WHAT DIRECTION DO YOU THINK THE MARKET IS GOING? I AM SHORT FROM 1.5080

Ignored

don't be afraid.
set your SL @1.5820

#203,443
Mar 4, 2010 4:39am Mar 4, 2010 4:39am

PipSqueeze
| Additional Username | Joined Jan 2010 | 195 Posts

If it reaches 1.5130 it'll be a big test, not sure it has the steam to go much higher.

{Promotion Removed}

#203,444
Mar 4, 2010 4:40am Mar 4, 2010 4:40am

Magix
Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts

Still bagging these dawgs, but have removed my take profit and will be adding a safety net for stop loss..

4hr support and a little regained strength off the 15m, who knows, we might see that 1.5201 yet.

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!

#203,445
Mar 4, 2010 4:41am Mar 4, 2010 4:41am

kill56
Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts

Quoting Baby-Trader

Disliked

don't be afraid.
set your SL @1.5820

Ignored

bro thats tooo darn close bro it will get hit make it 16000

#203,446
Mar 4, 2010 4:41am Mar 4, 2010 4:41am

Baby-Trader
Joined Oct 2009 | Status: Trader | 1,342 Posts

Quoting Magix

Disliked

Still bagging these dawgs, but have removed my take profit and will be adding a safety net for stop loss..

4hr support and a little regained strength off the 15m, who knows, we might see that 1.5201 yet.

Ignored

Excellent Job

#203,447
Mar 4, 2010 4:42am Mar 4, 2010 4:42am

sohail212
| Joined Apr 2006 | Status: Trader | 109 Posts

Quoting omiunu

Disliked

this bullish movement on GBPUSD is beginning to look more and more like a fluke. volume indicates that there is no meat in the bullish run

Ignored

Higher TF showing market will go up but few big news are coming too

#203,448
Mar 4, 2010 4:42am Mar 4, 2010 4:42am

monggo
| Joined Sep 2009 | Status: tubong lugaw | 40 Posts

anyone targeting 1.53 area?

We are the TREND. Resistance is futile...

#203,449
Mar 4, 2010 4:42am Mar 4, 2010 4:42am

Robie
| Joined Feb 2010 | Status: Trader | 46 Posts

im long now from 1,5086 - TP 1,5140 - and then sell without TP

#203,450
Mar 4, 2010 4:43am Mar 4, 2010 4:43am

kill56
Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts

Quoting Magix

Disliked

Still bagging these dawgs, but have removed my take profit and will be adding a safety net for stop loss..

4hr support and a little regained strength off the 15m, who knows, we might see that 1.5201 yet.

Ignored

bro why not at work by the i will get his azzzzzzzzzzzzzz

#203,451
Mar 4, 2010 4:48am Mar 4, 2010 4:48am

TrueBlue
| Joined Jun 2009 | Status: Trader | 88 Posts

Quoting PipSqueeze

Disliked

If it reaches 1.5130 it'll be a big test, not sure it has the steam to go much higher.

Ignored

Yep, sure is a struggle, but it'll get there, slowly but surely..15131 on my charts; I'm in with Limit Order at 15129 ...

#203,452
Mar 4, 2010 4:48am Mar 4, 2010 4:48am

kill56
Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts

ECB no change

#203,453
Mar 4, 2010 4:51am Mar 4, 2010 4:51am

javapips
| Joined Aug 2009 | Status: Save our Children's Save our Future | 1,124 Posts

Quoting wormboy

Disliked

Here comes the boom!

Ignored

don't just say "Boom" wormy..Up or Down?..,

I will be the number one Manager.

#203,454
Mar 4, 2010 4:53am Mar 4, 2010 4:53am

kill56
Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts

Quoting javapips

Disliked

don't just say "Boom" wormy..Up or Down?..,

Ignored

sis he is thee only one who control the darn cable take up or down he use his voodoo

#203,455
Mar 4, 2010 4:54am Mar 4, 2010 4:54am

ams
| Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts

This is what I see for now....

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#203,456
Mar 4, 2010 4:57am Mar 4, 2010 4:57am

Dr_Cryonic
| Joined Dec 2008 | Status: Pip Wizard | 86 Posts

5130.... hmmm.

Psychology = Nature = Evolving Forex Market rite?

#203,457
Mar 4, 2010 4:57am Mar 4, 2010 4:57am

Baby-Trader
Joined Oct 2009 | Status: Trader | 1,342 Posts

Quoting ams

Disliked

This is what I see for now....

Ignored

Totally Agree

#203,458
Mar 4, 2010 4:59am Mar 4, 2010 4:59am

Magix
Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts

In a chart, here is how I see it...

The 200EMA target on the 1hr sits at about 1.5201 current, of course subject to move with time and price, and not shown here...but the rest looks like this.

4HR...support of the 24SMA holds currently, breached but not closed below.
15m chart shows that long side was not negated by a short confirmation, and has reengaged.

30m...price above 200EMA looking to possible to drag 24SMA up for clear confirmation of long side to 1hr resistance, if not just an attack at yesterdays HOD.

A price point reaction is still possible...no new top on the day, but no new lower low, assumption, let the bulls run until the bears awaken.

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