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Cable Update (GBPUSD)

  • #206,681
  • Mar 17, 2010 1:01am Mar 17, 2010 1:01am
Quoting learntowin
So Keep Buying @ dips


Target : 1.5300 - 1.5800 - 1.6300

Dont miss the train

Learntowin , did you notice which rates remained unchanged?
Forexlion has good sense of humor, (as well as good knowledge of the FX market).

Regards
Nectarios
  • #206,682
  • Mar 17, 2010 1:02am Mar 17, 2010 1:02am
Quoting forexlion
sure

we got a daily uptrend and we broke 5195 on the fomc thrust

but i will wait for the 1 hour macd to give me a good long entry

Thank you,

When it slipped down and broke 1.5000 to 1.497x,

I did not fear and jumped in @ 1.4996

Lucky with this blind jump
  • #206,683
  • Mar 17, 2010 1:12am Mar 17, 2010 1:12am
Variants
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  • #206,684
  • Mar 17, 2010 1:22am Mar 17, 2010 1:22am
Quoting Clouds
dont know about that, last month was a pretty bearish candle, after months of consolidation. im just selling rallies, until parity

you and me both
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  • #206,685
  • Mar 17, 2010 1:27am Mar 17, 2010 1:27am
Good day to all the Cable Guys all around the world... Today is a good day to bank the +pips. So I stick to my plan retrace and "Long position". we are back and we ain't going down easy... Ha!!
  • #206,686
  • Mar 17, 2010 1:29am Mar 17, 2010 1:29am
when does london opens?
  • #206,687
  • Mar 17, 2010 1:34am Mar 17, 2010 1:34am
Quoting bonus76
when does london opens?
1Hr 23min
Frankfurt 23 min
BE THE BEST YOU CAN BE AND BE IT TODAY
  • #206,688
  • Mar 17, 2010 1:40am Mar 17, 2010 1:40am
Quoting Reznik
Good day to all the Cable Guys all around the world... Today is a good day to bank the +pips. So I stick to my plan retrace and "Long position". we are back and we ain't going down easy... Ha!!


Bad news is all I wait now... Then we will "cheap Cable again".

From the words of Nas "So If Cable is dead before I wake. I'll go to all the Banks and murder the EX..." Ha!!
  • #206,689
  • Mar 17, 2010 1:46am Mar 17, 2010 1:46am
Quoting Reznik
Good day to all the Cable Guys all around the world... Today is a good day to bank the +pips. So I stick to my plan retrace and "Long position". we are back and we ain't going down easy... Ha!!
What if the unemployement news is bad ? i am thinking the other way around. Cable going up till the news to 1.5300 and then falling down 100 pips
  • #206,690
  • Mar 17, 2010 1:48am Mar 17, 2010 1:48am
possibilities .........
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  • #206,691
  • Mar 17, 2010 1:50am Mar 17, 2010 1:50am
Quoting forexlion
possibilities .........
Best chart I have seen in ages
  • #206,692
  • Mar 17, 2010 1:52am Mar 17, 2010 1:52am
update: cable shooting up like 26 pips

Advice: Guys beware of false breakouts... especially u longs.
  • #206,693
  • Mar 17, 2010 1:55am Mar 17, 2010 1:55am
During the Asian session GBPUSD didn't show us new highs. Possibly, we'll see another peak soon, before the correction takes it's place, to the area of 1.53, that I've mentioned in my previous entry.

If the correction continues, the target would be 1.51 area.

You can check the updated chart in the signature link
  • #206,694
  • Mar 17, 2010 2:04am Mar 17, 2010 2:04am
Quoting ovic
update: cable shooting up like 26 pips

Advice: Guys beware of false breakouts... especially u longs.
Setting up the longs, like they did the shorts yesterday?
  • #206,695
  • Mar 17, 2010 2:06am Mar 17, 2010 2:06am
Quoting Honored
What if the unemployement news is bad ? i am thinking the other way around. Cable going up till the news to 1.5300 and then falling down 100 pips

To me thats the best senario or so it seems. But I wait so confirm Up, Down and Up to cover all today's open... Auch!!
  • #206,696
  • Mar 17, 2010 2:09am Mar 17, 2010 2:09am
Absolutely the best chart I saw today.. projections
noted.

LOL

Brian

Quoting forexlion
possibilities .........
  • #206,697
  • Mar 17, 2010 2:10am Mar 17, 2010 2:10am
Quoting bbakker
Setting up the longs, like they did the shorts yesterday?
yes thats what i was just thinking about. It still needs to break this 1.5250 level which i dont think it will until London opens. so i wait.....
  • #206,698
  • Mar 17, 2010 2:11am Mar 17, 2010 2:11am
Quoting ovic
update: cable shooting up like 26 pips

Advice: Guys beware of false breakouts... especially u longs.
Thanks I'm long tight TS positive and 4Hr close to 200EMA might bounce back or shoot through London will tell
BE THE BEST YOU CAN BE AND BE IT TODAY
  • #206,699
  • Mar 17, 2010 2:13am Mar 17, 2010 2:13am
5300 minimum, 5420 possible, i am in
  • #206,700
  • Mar 17, 2010 2:14am Mar 17, 2010 2:14am
Quoting forexlion
possibilities .........
wow nice chart

i got the direction thanks
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