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Cable Update (GBPUSD)

  • #210,881
  • Mar 26, 2010 11:41am Mar 26, 2010 11:41am
Quoting Tsar
AGREED. I missed Him too, Bro

In MEMORIAM
Learned TRADE from HIM in this Room (in the FIRST time)
And... I say
LOL the POWER OF LOVE
  • #210,882
  • Mar 26, 2010 11:42am Mar 26, 2010 11:42am
[quote=Magix;3588329]So, where do we sit?

Near as I can see, we have hit an interm top, as we have not confirmed any more on the 15m chart. The 5m is demanding a retrace and we could see the 1m go to confirm short.....





So, u are back! Glad.
  • #210,883
  • Mar 26, 2010 11:43am Mar 26, 2010 11:43am
Quoting Magix
So, where do we sit?

Near as I can see, we have hit an interm top, as we have not confirmed any more on the 15m chart. The 5m is demanding a retrace and we could see the 1m go to confirm short.

A bit of a crazy whipsaw day, so if you have found yourself against the trend, well, it sucks, but there is still another profitable trade just around the corner.

The immediate says down but not confirmed, the intermediate says up, but not confirmed to any higher highs yet, and the long term of course is still to the short side.
Welcome back bro
A lot of traders here missed you
keep the great work
  • #210,884
  • Mar 26, 2010 11:43am Mar 26, 2010 11:43am
Great thread. I trade mainly cable for a living - some good traders here. Anyway its Friday which is no trade day till tonight (UK). Buy/sell late on tonight looking for the opening gap Sunday. Trade against the closing trend you win 75%.

Good luck all.
  • #210,885
  • Mar 26, 2010 11:45am Mar 26, 2010 11:45am
Well guys ,,, I am done for this horrible week,, hope next week has a better feeling ,,,,,,even though it is a shorter week ... hope you all a nice week end

Adios
  • #210,886
  • Mar 26, 2010 11:49am Mar 26, 2010 11:49am
Retrace on the 5m chart to 200 complete. In doing so, the 1m chart has confirmed short side. With the Close of London upon us, who knows what if any more we will see on the day.

We are trapped.

I'm out for the day here guys, enjoy the weekend.

Feels great being part of the family again.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #210,887
  • Mar 26, 2010 11:52am Mar 26, 2010 11:52am
http://img532.imageshack.us/img532/1509/gbpy.gif
  • #210,888
  • Mar 26, 2010 12:02pm Mar 26, 2010 12:02pm
Today hasn't finished yet

All the bulls had a prior engagement this weekend and they are pulling out faster than you can say bear
  • #210,889
  • Mar 26, 2010 12:06pm Mar 26, 2010 12:06pm
Quoting Magix
Retrace on the 5m chart to 200 complete. In doing so, the 1m chart has confirmed short side. With the Close of London upon us, who knows what if any more we will see on the day.

We are trapped.

I'm out for the day here guys, enjoy the weekend.

Feels great being part of the family again.
Maybe I will start posting again too... Since we have had our chats I haven't felt the need to be in here.

C.
  • #210,890
  • Edited 12:21pm Mar 26, 2010 12:11pm | Edited 12:21pm
Just have the chance to back online, yesterday one hold short (1.4977) hit 1.4820 target and another short at DP 1.4881 closed +30 pips !
Happy week end and happy trading all !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #210,891
  • Mar 26, 2010 12:12pm Mar 26, 2010 12:12pm
Quoting Ctic
Maybe I will start posting again too... Since we have had our chats I haven't felt the need to be in here.

C.
It's good to talk! (BT commercial catchphrase from the '80s)
  • #210,892
  • Mar 26, 2010 12:12pm Mar 26, 2010 12:12pm
Quoting manize
The 1st trade today, short at DP 1.4881 closed +30 pips !
Took a long time to come today!
  • #210,893
  • Mar 26, 2010 12:22pm Mar 26, 2010 12:22pm
the market is refusing to let me go without taking a long position over the week end

lol
I SEE YOU !!
  • #210,894
  • Mar 26, 2010 12:34pm Mar 26, 2010 12:34pm
Quoting bbakker
Took a long time to come today!
Doing task job 1st bro ! Trading is the 2nd priority if have a time !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #210,895
  • Mar 26, 2010 12:36pm Mar 26, 2010 12:36pm
Looks like we still have hourly support and might be forming a Lower Trend Line.

Caution..on shorts, we could reconfirm long on the 1m.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #210,896
  • Mar 26, 2010 12:50pm Mar 26, 2010 12:50pm
I bet the last move up spike down at 1,4881/93 untill the US closing time !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #210,897
  • Mar 26, 2010 12:51pm Mar 26, 2010 12:51pm
It is time to make some dinner and play poker. No positions, no orders, I'll be waiting on Sunday evening to see what happens then. At the moment, with EU gaining strength anything is possible in GU, although I think any upside will be short-lived to about 15065. The range is narrowing and it won't be long before the 14870 resistance is cracked. But for now the bulls have had their day, but the bears will come out fighting next week to take this baby all the way down. England deserves it
  • #210,898
  • Mar 26, 2010 12:54pm Mar 26, 2010 12:54pm
Quoting Magix
Looks like we still have hourly support and might be forming a Lower Trend Line.

Caution..on shorts, we could reconfirm long on the 1m.
this is the Hero (always come late near the end... )

your child here looking for you dude.., they was crying all the way without you...
welcome back..
I will be the number one Manager.
  • #210,899
  • Mar 26, 2010 12:54pm Mar 26, 2010 12:54pm
Quoting bbakker
Today hasn't finished yet

All the bulls had a prior engagement this weekend and they are pulling out faster than you can say bear

you forget quickly my dear

http://www.forexfactory.com/showthre...15#post3588215

just a reminder
I SEE YOU !!
  • #210,900
  • Mar 26, 2010 1:15pm Mar 26, 2010 1:15pm
Quoting dbfusion
you forget quickly my dear

http://www.forexfactory.com/showthre...15#post3588215

just a reminder
Who are you?
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