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Cable Update (GBPUSD)

  • #206,281
  • Mar 16, 2010 3:41am Mar 16, 2010 3:41am
Looking forward for GU to touch 1.4900 and for GJ to touch 134.84

Happy trading guys
The market will deceive you. Make your own judgement.
  • #206,282
  • Mar 16, 2010 3:42am Mar 16, 2010 3:42am
Quoting wormboy
wsalam bro thanks

err who is joni?

the little one bro
  • #206,283
  • Mar 16, 2010 3:45am Mar 16, 2010 3:45am
Quoting kill56
enjoy the green nice call
Good day to you,

Thanks:nerd: - the departure however is almost "too" clean - but, hey - if it works out, great. SL moved in to 1.4992.

Wish you all success

Trade well

Regards
  • #206,284
  • Mar 16, 2010 3:45am Mar 16, 2010 3:45am
Quoting kill56
here its

http://www.forexfactory.com/showpost...stcount=206254
Hi Kill56. What does it mean POWER in your indicator?
  • #206,285
  • Mar 16, 2010 3:45am Mar 16, 2010 3:45am
Quoting Islander
LOL Wormy., I just finished pirating a bucketfull of pips off the FO fakeout before getting onto the bull tack...a bit like this....
hey islander
smashing open ... like the rider
Thank You
  • #206,286
  • Mar 16, 2010 3:45am Mar 16, 2010 3:45am
Price on the Cable has retraced into the 4h Upswing and looks to be encountering buying pressure which would form a possible inverted Head and Shoulders (sHs). If price can push up to he last 4h candle high I will enter a long position. Market Sentiment is currently Bullish on the 4h TF.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-4h.jpg Size: 134 KB
  • #206,287
  • Mar 16, 2010 3:47am Mar 16, 2010 3:47am
Quoting bbakker
Did you buy in on yesterday's dip
I did .. but I didn't get much. Today is a much better day so far
Thank You
  • #206,288
  • Mar 16, 2010 3:49am Mar 16, 2010 3:49am
Quoting Sergibtrader
Hi Kill56. What does it mean POWER in your indicator?
buyers to sellers
  • #206,289
  • Mar 16, 2010 3:50am Mar 16, 2010 3:50am
Seems like we hit some risistance!
Former Trader Of the Year of the 95% losing club! Retired
  • #206,290
  • Mar 16, 2010 3:52am Mar 16, 2010 3:52am
I swear, I better be eligible for a pip discount after tonights vol.

What a fakeout though, my gosh. Textbook style. As I always say - "The London boys are ruthless, The Yorkers are cunning"




Gun stops and then reverse course. Bought at 87 and 90 .. offloaded at 05
  • #206,291
  • Mar 16, 2010 3:52am Mar 16, 2010 3:52am
3/16/2010 4:34:24 AM
CABLE
Recovery extends back toward the $1.5055 the..
CABLE: Recovery extends back toward the $1.5055 level where the earlier
sell off began (pennant break out). Talk that recovery off lows aided by
reserve manager buys along with middle east demand. One trader has
suggested that the early sell off was linked to a 0800GMT fix.
  • #206,292
  • Mar 16, 2010 3:56am Mar 16, 2010 3:56am
Quoting wormboy
greedy bears just got suckered in lol
thank you again fellas
Good Morning to you all, Hope y'all had woke up on the better side today. I wish all more green pips. Wormboy, i missed out on my buy entry as i woke up late. Any ideas on if i should still buy at present price. Im looking to long cable until the wheels fall off. Thanks Brova.
Numbers NEVER Lie
  • #206,293
  • Mar 16, 2010 3:58am Mar 16, 2010 3:58am
I fell for that fake, took a nice hit. Luckily the nice green bars gave most of it back. Looks like pretty tough resistance at .5050, maybe another turn south for a ranging day?
  • #206,294
  • Mar 16, 2010 3:59am Mar 16, 2010 3:59am
Hi Guys,

just back from vacation...I see I left the cable up there at 1.6150 at a very good place....

Hope everyone's making tons of green pips...
Hear the music before the song is over ...
  • #206,295
  • Mar 16, 2010 4:01am Mar 16, 2010 4:01am
Quoting GlobalMacro
Hi Guys,

just back from vacation...I see I left the cable up there at 1.6150 at a very good place....

Hope everyone's making tons of green pips...
GM
Good to have you back bro
Thank You
  • #206,296
  • Mar 16, 2010 4:04am Mar 16, 2010 4:04am
Quoting wormboy
GM
Good to have you back bro
Thanks WB
Good to be back bro
Hear the music before the song is over ...
  • #206,297
  • Mar 16, 2010 4:04am Mar 16, 2010 4:04am
Ya good resistance at 1.5050 perhaps then we head back down?
Former Trader Of the Year of the 95% losing club! Retired
  • #206,298
  • Mar 16, 2010 4:05am Mar 16, 2010 4:05am
Quoting GlobalMacro
Hi Guys,

just back from vacation...I see I left the cable up there at 1.6150 at a very good place....

Hope everyone's making tons of green pips...
w b GM hope u enjoyed it u are the one who killed the bull
  • #206,299
  • Mar 16, 2010 4:07am Mar 16, 2010 4:07am
Quoting kill56
w b GM hope u enjoyed it u are the one who killed the bull
lol....I did...
well in this Decade things are different...
Hear the music before the song is over ...
  • #206,300
  • Mar 16, 2010 4:07am Mar 16, 2010 4:07am
GM .. I saved this pic for you
Attached Image
Thank You
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