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Cable Update (GBPUSD)

  • #205,941
  • Mar 15, 2010 5:21am Mar 15, 2010 5:21am
Quoting Honored
Got out of my short. Thank you no stress for the pips.

Just curious how 1.5042 is the magical number to get out of short ? is that previous support ? just trying to learn, i am new thanks in advance.
Happy for your pips. It's not magical number lol. That is 50% retrace from recent bottom to recent top. I'm seeing if it will fall to 50% of whole move at 1.4996 and how market will react there.

Good trading.
No Signal, No Trade. No fundamenals, No headache.
  • #205,942
  • Mar 15, 2010 5:22am Mar 15, 2010 5:22am
Quoting Reznik
But If it forms an inside bar the Cable will fall to a LOW... Keeping my fingers crossed.

The Bears are all on the Cable... An "Inside Bar" in the 15TF, is not good for the Bulls. I still wait for a better deal in price action...
  • #205,943
  • Mar 15, 2010 5:23am Mar 15, 2010 5:23am
update look at 15043
Attached Image (click to enlarge)
Click to Enlarge Name: 15 mcable.gif Size: 62 KB
  • #205,944
  • Mar 15, 2010 5:27am Mar 15, 2010 5:27am
It's a long way to Tipperary, it's a long way to go
That's the wrong way to tickle Mary, that's the wrong way to kiss!

http://www.firstworldwar.com/audio/i...otipperary.htm
  • #205,945
  • Mar 15, 2010 5:28am Mar 15, 2010 5:28am
How did everyone get on with that nice drop?

I'm having a battle with EJ at the min. The turd is well and truly stuck.
{Promotion Removed}
  • #205,946
  • Mar 15, 2010 5:29am Mar 15, 2010 5:29am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Folks,

I posted the charts and analysis over the weekend after doing my "weekly analysis".
I guess it wasn't further from reality.



http://www.forexfactory.com/showthre...=218102&page=7

I wouldn't dare touch the pound for "buy before 49800".

ta
ams
  • #205,947
  • Mar 15, 2010 5:32am Mar 15, 2010 5:32am
Quoting ams
Folks,

I posted the charts and analysis over the weekend after doing my "weekly analysis".
I guess it wasn't further from reality.



http://www.forexfactory.com/showthre...=218102&page=7

I wouldn't dare touch the pound for "buy before 49800".

ta
ams

u did a good job mate but other factors like news was in play u h4 was great
  • #205,948
  • Mar 15, 2010 5:38am Mar 15, 2010 5:38am
Quoting ams
Folks,

I posted the charts and analysis over the weekend after doing my "weekly analysis".
I guess it wasn't further from reality.



http://www.forexfactory.com/showthre...=218102&page=7

I wouldn't dare touch the pound for "buy before 49800".

ta
ams
Which weekend are you talking about
  • #205,949
  • Mar 15, 2010 5:40am Mar 15, 2010 5:40am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Forget news etc.. they are all priced in when pro's trade.

Only trying to help myself and others....

ta
ams




Quoting kill56
u did a good job mate but other factors like news was in play u h4 was great
  • #205,950
  • Mar 15, 2010 5:40am Mar 15, 2010 5:40am
Quoting PipSqueeze
How did everyone get on with that nice drop?

I'm having a battle with EJ at the min. The turd is well and truly stuck.
Squeeze harder to wake up Farmer Giles
  • #205,951
  • Mar 15, 2010 5:41am Mar 15, 2010 5:41am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Lets start when markets weren't open 24 hours ago and everyone saying pound going to 160 :-)


http://www.forexfactory.com/showpost...2&postcount=99



Quoting bbakker
Which weekend are you talking about
  • #205,952
  • Mar 15, 2010 5:43am Mar 15, 2010 5:43am
Quoting fendi
VIEWED G/U WOULD DEFINITELY RETRACE AT THIS POINT 1.5175 TO 1.5110, FROM THERE WE NEED TO CONFIRM

mY VIEW
Thank you Fendi...you were wrong again.. I love using you as an indicator.
picked up another 201 pips becasue I went opposite you.
  • #205,953
  • Mar 15, 2010 5:45am Mar 15, 2010 5:45am
Quoting egkid
Totally agree
1- When e/u @ 1.32 i said we going 1.48 but someone said everything possible but to tell me u sitting in bar and meet megan fox that very hard to happen

2- when e/u 1.50 i made call for 1.38 but no one agree with my view

3- G/U when we was bouncing 1.64 i said we going to 1.48 but as always

I'm not saying I'm very good but no real long term view from most of the traders on the forum
Because... Other people just FOLLOW
De Mark was said.
Always looking the GREAT, never left GOOD Point...
  • #205,954
  • Mar 15, 2010 5:46am Mar 15, 2010 5:46am
Quoting ams
Lets start when markets weren't open 24 hours ago and everyone saying pound going to 160 :-)


http://www.forexfactory.com/showpost...2&postcount=99
Every man and his dog
  • #205,955
  • Mar 15, 2010 5:48am Mar 15, 2010 5:48am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Tell me about it....



Quoting bbakker
Every man and his dog
  • #205,956
  • Mar 15, 2010 5:53am Mar 15, 2010 5:53am
Quoting bbakker
Every man and his dog

dogs ok but i'd rather have a bear
  • #205,957
  • Mar 15, 2010 5:53am Mar 15, 2010 5:53am
Quoting ams
Folks,

I posted the charts and analysis over the weekend after doing my "weekly analysis".
I guess it wasn't further from reality.



http://www.forexfactory.com/showthre...=218102&page=7

I wouldn't dare touch the pound for "buy before 49800".

ta
ams
It all depends on the TF.
  • #205,958
  • Mar 15, 2010 5:55am Mar 15, 2010 5:55am
i wouldn't dare buy GU before 1.35, then only for a bounce
  • #205,959
  • Mar 15, 2010 5:55am Mar 15, 2010 5:55am
Quoting Tsar
Because... Other people just FOLLOW
De Mark was said.
I think that is a TRUE
That is why i mostly read post from only few traders on my Buddy list
  • #205,960
  • Mar 15, 2010 5:56am Mar 15, 2010 5:56am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
What are you suggesting, please clarify...


Do you intend to go long or short target what timeframe and where with SL please?

ta
ams



Quoting TheLastCoke
It all depends on the TF.
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