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Cable Update (GBPUSD)

  • #210,281
  • Mar 25, 2010 7:17pm Mar 25, 2010 7:17pm
Quoting kill56
i did short from 14920 still holding some but i do hit and run i will ad if we have an h1 open below 14800 but i do have astop loss i cant live with out it my sl max 40 pip
I would look to short from that zone if i get a clear confirmation. Thanx alot.
Numbers NEVER Lie
  • #210,282
  • Mar 25, 2010 7:20pm Mar 25, 2010 7:20pm
Quoting kill56
bro where u want it to go 14870 kool
So close, yet so far

But I did get some fibre in!
  • #210,283
  • Mar 25, 2010 7:23pm Mar 25, 2010 7:23pm
Quoting bbakker
50% fib from yesterday's high/low is 14902
Thanks alot Baker. That means i should draw my fibo from 1.5001 down to 1.4799. The 50% fibo would be 1.4900. I hope cable gets to that zone. Il place my Sell entry @ 1.4900. Thanks again for your help. Cheers mate! And i wish you many green pips today.
Numbers NEVER Lie
  • #210,284
  • Mar 25, 2010 7:25pm Mar 25, 2010 7:25pm
Quoting ZizoFX
Thanks alot Baker. That means i should draw my fibo from 1.5001 down to 1.4799. The 50% fibo would be 1.4900. I hope cable gets to that zone. Il place my Sell entry @ 1.4900. Thanks again for your help. Cheers mate! And i wish you many green pips today.
You're welcome and the beer is flowing!
  • #210,285
  • Mar 25, 2010 7:25pm Mar 25, 2010 7:25pm
if it can pass 1.4875 than i believe he can take out 1.4900.

the 00 round figure is always like a magnet.
when the come close it will drawn them in

btw 25 pips is 250 for some
and for some its a days wage.
  • #210,286
  • Mar 25, 2010 7:39pm Mar 25, 2010 7:39pm
Quoting bbakker
So close, yet so far

But I did get some fibre in!
heck no add some juice and fiber with honey for breakfast any over green 10 i run with it and one lager for the road
  • #210,287
  • Mar 25, 2010 7:46pm Mar 25, 2010 7:46pm
Quoting kill56
heck no add some juice and fiber with honey for breakfast any over green 10 i run with it and one lager for the road


I just necked my last can and I can see this is going to be painful to watch, so I am locked and loaded and up bright, right, nice and early hopefully to some good news

Goodnight peeps!
  • #210,288
  • Mar 25, 2010 7:49pm Mar 25, 2010 7:49pm
Quoting bbakker


I just necked my last can and I can see this is going to be painful to watch, so I am locked and loaded and up bright, right, nice and early hopefully to some good news

Goodnight peeps!
sweet ones ones bro get some crackforex and nighty
  • #210,289
  • Mar 25, 2010 8:02pm Mar 25, 2010 8:02pm
Quoting malcolmb14
ask Direct trade what he thinks of magik ,,,, they seem to have some issues.
If used METAPHOR in TRADE :

Magix is LONG Plan and DT is SHORT Plan
Always looking the GREAT, never left GOOD Point...
  • #210,290
  • Mar 25, 2010 8:12pm Mar 25, 2010 8:12pm
Inserted Video
  • #210,291
  • Mar 25, 2010 9:22pm Mar 25, 2010 9:22pm
Quoting malcolmb14
gu has dropped 200 pip , moves 15 and you are getting excited ?

I suggest you drink less coffee ....lol
you mean like this?? i did...,
Attached Image
I will be the number one Manager.
  • #210,292
  • Mar 25, 2010 9:42pm Mar 25, 2010 9:42pm
Thoughts on where we are headed with this GBP/USD pair? I went short at 4830 and am starting to get a bit concerned now that we are about to go even higher.
  • #210,293
  • Mar 25, 2010 9:51pm Mar 25, 2010 9:51pm
Quoting rakepat
Thoughts on where we are headed with this GBP/USD pair? I went short at 4830 and am starting to get a bit concerned now that we are about to go even higher.
it's testing the daily pivot (1.4871) right now. if it holds, then she'll come down. if not, i see 1.4908 as the next possible resistance, followed by 1.4944.
  • #210,294
  • Mar 25, 2010 10:00pm Mar 25, 2010 10:00pm
March 26, 2010
Us having a corrective to some of the world currencies such as EUR and GBP on European markets yesterday afternoon showed us back a significant strengthening of the GBP after dirillis news that U.S. unemployment rate has decreased and the testimony of U.S. central bank Governors (FED). Today there is no issue that affects so many of today merket likely the U.S. will be corrected
Technical analysis
EUR / USD
Daily High 1.3387 Low 1.3267 Close 1.3329 Open 1.3305
The possibility that this day would move bullish
High 1.3323 Low 1.3301 Running 1.3315
BUY 1.3275 SL 1.3230 TP 1.3380
GBP / USD
Daily High 1.5004 Low 1.4798 Close 1.4897 Open 1.4846
The possibility that this day would move bullish
High 1.4864 Low 1.4838 Running 1.4853
BUY 1.4810 SL 1.4780 TP 1.4930
  • #210,295
  • Mar 25, 2010 10:03pm Mar 25, 2010 10:03pm
Quoting rakepat
Thoughts on where we are headed with this GBP/USD pair? I went short at 4830 and am starting to get a bit concerned now that we are about to go even higher.

makes no sense at all

an 80 pip move on zero volume .

There is something on wires about 16 leader in eu forming some form of Greece bail out , but that is kinda old news.

http://www.marketwatch.com/story/imf...uro-2010-03-25

I some how think this is doing what it did before 200 pip drop yesterday , some form of very low volume mark up before London

London will be the true gauge , but this is a really odd move for asia.

There is not really any news in London tonight so not sure what will happen .

Will London follow us stocks and head lower ? or was the us stock market dip at end of day just another fake out ? till i saw this move I though we may head down in stock markets tomorrow , we may still but somehow I feel now that the moves in the US markets at eod were just trap down move designed to get every thinking bearish and tomorrow they ramp them back up.
Blogging daily now at www.volume.zone
  • #210,296
  • Mar 25, 2010 11:09pm Mar 25, 2010 11:09pm
going to try a short here
  • #210,297
  • Mar 25, 2010 11:09pm Mar 25, 2010 11:09pm
Quoting malcolmb14
makes no sense at all

an 80 pip move on zero volume .

There is something on wires about 16 leader in eu forming some form of Greece bail out , but that is kinda old news.

http://www.marketwatch.com/story/imf...uro-2010-03-25

I some how think this is doing what it did before 200 pip drop yesterday...
I am watching this carefully

http://img408.imageshack.us/img408/4354/54042100.gif
  • #210,298
  • Mar 25, 2010 11:11pm Mar 25, 2010 11:11pm
Morning all. Looking for a short entry at 4912.
  • #210,299
  • Mar 25, 2010 11:12pm Mar 25, 2010 11:12pm
Quoting trabagwe
going to try a short here
mind if i ask your reasoning behind the short?

i don't see anything on my chart other than the retracement back up
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 111 KB
  • #210,300
  • Mar 25, 2010 11:14pm Mar 25, 2010 11:14pm
Quoting Jemmy
Attachment
D-4~ BULLS 2 : 5 BEARS
D-3 ~ BULLS 1 : 6 BEARS
D-2 ~ BULLS 1 : 6 BEARS
D-1 ~ BULLS 0 : 7 BEARS
today ~ BULLS 0 : 7 BEARS
Attachment
1.4830/50 must fallen to make clear bears way to downside..
Pending sell 1.4800, SL=1.4900, TP=1.4300..
Attached Image

D-4 ~ BULLS 1 : 6 BEARS
D-3 ~ BULLS 1 : 6 BEARS
D-2 ~ BULLS 0 : 7 BEARS
D-1 ~ BULLS 0 : 7 BEARS
today ~ BULLS 0 : 7 BEARS

Attached Image

yesterday pending sell 1.4800 triggered at the bottom..
move SL to 1.4950 (today pivot +50 pips & last day pivot +25pips)..
Patience + Discipline =
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