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Cable Update (GBPUSD)

  • #211,821
  • Mar 31, 2010 2:38am Mar 31, 2010 2:38am
Looks like Cable wants to breakout again!
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #211,822
  • Mar 31, 2010 2:42am Mar 31, 2010 2:42am
Quoting XTrade
Looks like Cable wants to breakout again!
we just gonna retest top and then fall down to 1.5000 at least!
@pawpaw1000 on Twitter
  • #211,823
  • Mar 31, 2010 2:44am Mar 31, 2010 2:44am
Quoting manize
DP today 07.00 am GMT + 7, 1.5060 ! May spike down or spike up from this level. I watch H1/H4 close/open at next 03.00 am ( London sesiion open)
how are you bang?




idr: kl lewat tertinggi kemarin perhatikan disekitar lima satu lima empat , dan lima dua duabelas (lewat res ini mungkin bulan depan akan naik. 'mungkin'.
jumat besok penentuannya. hari ini dan besok kemungkinan cuma nyari posisi yg enak aja).
I will be the number one Manager.
  • #211,824
  • Mar 31, 2010 2:44am Mar 31, 2010 2:44am
Quoting pawpaw1000
we just gonna retest top and then fall down to 1.5000 at least!
No way. Price it's going to make a new high. There is nothing to make the price go down.
  • #211,825
  • Mar 31, 2010 2:47am Mar 31, 2010 2:47am
destination 1.5160 here we come
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #211,826
  • Mar 31, 2010 2:48am Mar 31, 2010 2:48am
Quoting bonus76
No way. Price it's going to make a new high. There is nothing to make the price go down.
please explain how we will break 4h down channel???
@pawpaw1000 on Twitter
  • #211,827
  • Mar 31, 2010 2:48am Mar 31, 2010 2:48am
Quoting malcolmb14
you been drinking already ?
he was not

he is right about avoiding shorts
  • #211,828
  • Mar 31, 2010 2:48am Mar 31, 2010 2:48am
while all people shout " it is going south .. from yesterday "

and me , myself was one who closed all his longs

i think it will visit now 1.5370

and i wish i didnt close my last long

happy trading day to all
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #211,829
  • Mar 31, 2010 2:48am Mar 31, 2010 2:48am
Quoting XTrade
Looks like Cable wants to breakout again!
I share this view. I am long from 1.507, goal at 1.512.
  • #211,830
  • Mar 31, 2010 2:50am Mar 31, 2010 2:50am
Quoting pawpaw1000
Thank you for that...

was about to post :

COULD SOMEONE PLEASE EXPLAIN WHY THERE ARE SO MANY IN THE ROOM who believe down ward channel on h4 will be broken so easily???
IMO the down move got broken already

we reached 61 to the pip fib replacement on the daily down trend
which is not good sign of down continuation.

and PA exceeded the last high in the daily down trend by around 8 pips just to knock all the guys out of their short then tumbles down again creating a key reversal candle on the 4h chart (hour 16).

and till this moment it didn't manage to pierce the 23 fib level on the retracement (just happened 1 hour ago for about 5 minutes).

this thing has enough power to break through the 61 fib.
and while I am writing this reply its already started climbing again !


till this moment the bulls have not managed to get any piece of fur from me
infact i got out with 10 lousy green pips but they might get it back if they break the 61 fib.

I am still holding the last one of my shorts hoping for a retest on the 38 fib level.

and from there we will see I might turn to bull again .

if PA knocks the 61fib then 52 is the next stop
Attached Image (click to enlarge)
Click to Enlarge Name: couldlose.gif Size: 26 KB
I SEE YOU !!
  • #211,831
  • Mar 31, 2010 2:51am Mar 31, 2010 2:51am
Quoting pawpaw1000
we just gonna retest top and then fall down to 1.5000 at least!
GU just sky rocketed 60 pips in 1 candle. So someone must know something that we small players dont know. THere is no looking back. Price will make new high and continue going higher.
  • #211,832
  • Mar 31, 2010 2:52am Mar 31, 2010 2:52am
Quoting dbfusion
IMO the down move got broken already

we reached 61 to the pip fib replacement on the daily down trend
which is not good sign of down continuation.

and PA exceeded the last high in the daily down trend by around 8 pips just to knock all the guys out of their short then tumbles down again creating a key reversal candle on the 4h chart (hour 16).

and till this moment it didn't manage to pierce the 23 fib level on the retracement (just happened 1 hour ago for about 5 minutes).

this thing has enough power to break through the 61 fib.
and while...

thanks for the explanation!!!
@pawpaw1000 on Twitter
  • #211,833
  • Mar 31, 2010 2:58am Mar 31, 2010 2:58am
Quoting pawpaw1000
thanks for the explanation!!!
you're welcomed

just sharing my view with you guys.
I SEE YOU !!
  • #211,834
  • Mar 31, 2010 2:59am Mar 31, 2010 2:59am
Quoting pawpaw1000
thanks for the explanation!!!
Are you still keeping your shorts or has the recent Pa modify your stance??
  • #211,835
  • Mar 31, 2010 3:02am Mar 31, 2010 3:02am
Quoting negro wolf
while all people shout " it is going south .. from yesterday "

and me , myself was one who closed all his longs

i think it will visit now 1.5370

and i wish i didnt close my last long

happy trading day to all
professional traders trade their own charts

they never bother for forum posts

hence they always succeed

congrats brother
  • #211,836
  • Mar 31, 2010 3:03am Mar 31, 2010 3:03am
Quoting solrac
Are you still keeping your shorts or has the recent Pa modify your stance??
Keeping them ...one candle ain't gonna chance any stance
COT: The precious data ignored
  • #211,837
  • Mar 31, 2010 3:06am Mar 31, 2010 3:06am
Quoting forexlion
professional traders trade their own charts

they never bother for forum posts

hence they always succeed

congrats brother
you are right , and i am still in my way for professionality

can i ask : does professionals share their view in forums ?
and does they have a looks to forum posts?
and what they do with public view ?
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #211,838
  • Mar 31, 2010 3:12am Mar 31, 2010 3:12am
Is it possible that spike was to wipe out stops? Hmm hardly believe that.
  • #211,839
  • Mar 31, 2010 3:13am Mar 31, 2010 3:13am
1st spike up from 1.5060/68. If still up should be spiked up from 1.5090 untill where I don't know may go to at least R1 ( 1.5148/159) ! Otherwise reversed down to retest DP 1.5060 again !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #211,840
  • Edited 4:21am Mar 31, 2010 3:14am | Edited 4:21am
Hi guys,

It seems to me that expressing imperative comments about future bullish or bearish moves is just like saying aloud your wishes....to traders' God.....WHO IS HE ???????

We are currently in a trading range and that's all....

At 8:15 NY time we'll have US ADP NFP release, which is an anticipated private release for official NFP, issued on Friday...

Here is Today' s price mover.... if a surprise will come (40K anticipated) and as usual some get the info in advance......So let's look at PA in next hour....it may tell us sth more interesting than usual blahblah

GL to all
Non licet omnibus adire Corinthum
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