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Cable Update (GBPUSD)

  • #215,041
  • Apr 9, 2010 2:13am Apr 9, 2010 2:13am
DAX CAC both go high ,5320 will be retest
  • #215,042
  • Apr 9, 2010 2:13am Apr 9, 2010 2:13am
Its much safer to trade the numbers. news, rumors they all bullshit invented to confuse peeps like us

http://www.mataf.net/en/forex/gbpusd
SCARED MONEY NEVER DOES GOOD IN FOREX
  • #215,043
  • Apr 9, 2010 2:15am Apr 9, 2010 2:15am
It broke through .20 lets see how much we can ride this.
  • #215,044
  • Apr 9, 2010 2:15am Apr 9, 2010 2:15am
Quoting cloggie
There will be a lot of sellers at 53, it has been held down since 31 March. However there is a case to be made for a breakout to the North based on H4. This is the first London open where the 25ma on H4 has given us a bullish support.
Once the sellers are beaten back its a clear run up to 15420 IMO
  • #215,045
  • Apr 9, 2010 2:15am Apr 9, 2010 2:15am
Looking for a bounce when near 5384
  • #215,046
  • Apr 9, 2010 2:17am Apr 9, 2010 2:17am
Quoting Faryad
hey wormie
whats up still in ur shorts ?
nope, flat.
Thank You
  • #215,047
  • Apr 9, 2010 2:17am Apr 9, 2010 2:17am
Quoting cloggie
Cheeky long at 529, let's see how this develops. SL 527

Moved SL to BE+, letting her stew.
  • #215,048
  • Apr 9, 2010 2:19am Apr 9, 2010 2:19am
Quoting cloggie
Moved SL to BE+, letting her stew.
My hindsight vision is kicking me for not doing a long in the early hours around 5275, ah well...
Back to basics, it has to be for me!
  • #215,049
  • Apr 9, 2010 2:20am Apr 9, 2010 2:20am
Nice squabble going on at the moment. Still not entered a long. Im almost tempted to foresake 50 pips on the up and wait for any momentum to stop and scalp the retraces
  • #215,050
  • Apr 9, 2010 2:21am Apr 9, 2010 2:21am
Quoting OldReigatian
Nice squabble going on at the moment. Still not entered at long. Im almost tempted to forsake 50 pips on the up and wait for any momentum to stop and scalp the retraces
no wait.
Thank You
  • #215,051
  • Apr 9, 2010 2:24am Apr 9, 2010 2:24am
Quoting OldReigatian
Nice squabble going on at the moment. Still not entered a long. Im almost tempted to foresake 50 pips on the up and wait for any momentum to stop and scalp the retraces
A small little break of 53 at the open does not mean it has the momentum to carry through.
  • #215,052
  • Apr 9, 2010 2:25am Apr 9, 2010 2:25am
Quoting cloggie
A small little break of 53 at the open does not mean it has the momentum to carry through.
Exactly thats why I haven't entered a long yet. I'll scalp the retrace if it gets up to 1.5380-15420 region but at the moment thats a big if.
  • #215,053
  • Apr 9, 2010 2:27am Apr 9, 2010 2:27am
54 now. news at 330 am. if uk data +ve it is gonna rocket up/
Its all in the mind.
  • #215,054
  • Apr 9, 2010 2:27am Apr 9, 2010 2:27am
Quoting OldReigatian
Exactly thats why I haven't entered a long yet. I'll scalp the retrace if it gets up to 1.5380-15420 region but at the moment thats a big if.
I'm also not in...

totally unconvinced!

And to cable I have this to say:

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@pawpaw1000 on Twitter
  • #215,055
  • Apr 9, 2010 2:37am Apr 9, 2010 2:37am
Quoting cloggie
A small little break of 53 at the open does not mean it has the momentum to carry through.
I know it's hard to change bias but eventually it will come.....
Don't be a hero. Don't have an ego. Always question yourself
  • #215,056
  • Apr 9, 2010 2:38am Apr 9, 2010 2:38am
LOL!
It's time to get some cookies back...
OMG so sick of you cable! come down now!
Jacko's turtle
  • #215,057
  • Apr 9, 2010 2:41am Apr 9, 2010 2:41am
Quoting USD-Bear
I know it's hard to change bias but eventually it will come.....
go to your 4h tf and look at 2010/02/16 at the 8h candle and the price before...

look skinda similar to the last wek right? they just pumping price before the great Fall??

EDIT: got short order at 5350 with s/l 54000 and t/p 5150...

got Captains run now!!! ....
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@pawpaw1000 on Twitter
  • #215,058
  • Apr 9, 2010 2:46am Apr 9, 2010 2:46am
Quoting pawpaw1000
go to your 4h tf and look at 2010/02/16 at the 8h candle and the price before...

look skinda similar to the last wek right? they just pumping price before the great Fall??
See one big difference then it was a bear-flag and a break , now it is a bull flag and a break.....
Don't be a hero. Don't have an ego. Always question yourself
  • #215,059
  • Apr 9, 2010 2:47am Apr 9, 2010 2:47am
Quoting pawpaw1000
go to your 4h tf and look at 2010/02/16 at the 8h candle and the price before...

look skinda similar to the last wek right? they just pumping price before the great Fall??
I was looking at the historical charts last night and thought a stretch late Jan and mid Feb looked similar. I think our charts are a bit messed thanks to the bank holidays this last week, but I am glad someone else has pointed it out.
Back to basics, it has to be for me!
  • #215,060
  • Apr 9, 2010 2:47am Apr 9, 2010 2:47am
Quoting zumzum
LOL!
It's time to get some cookies back...
OMG so sick of you cable! come down now!
i see it ggoing to around 380-385
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