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Cable Update (GBPUSD)

  • #215,961
  • Apr 12, 2010 4:24am Apr 12, 2010 4:24am
Quoting kill56
join the hit and run club

ist Greece or germany

will the german pay greece bill lets wait and see
The German public definitely do NOT want to grease the hands of Greece!
  • #215,962
  • Apr 12, 2010 4:26am Apr 12, 2010 4:26am
Quoting bbakker
The German public definitely do NOT want to grease the hands of Greece!

They will have to.
  • #215,963
  • Apr 12, 2010 4:26am Apr 12, 2010 4:26am
Quoting free4440273
looks like cable wants to go higher still....
Pushed through the monthly pivot (with a bit of a struggle) then collapsed back down once it got close to daily R1 by the looks of it.

DP pull seems quite strong at the moment, but if we get back up to MP again and it struggles I'll bung a short in there.
Back to basics, it has to be for me!
  • #215,964
  • Apr 12, 2010 4:26am Apr 12, 2010 4:26am
Quoting pawpaw1000
well, g2g but will be back in about 90 min...

wondering whether I should Open a lil long ...

ACTUALLY, Price is now below all my MA's on m5 and it hasnt been below 150 in a LONG time... We are also below tl on m15...
Just got back and closed my long with 20 pips in the green!!!

looks like we waiting for the ny boys to come and move us???
@pawpaw1000 on Twitter
  • #215,965
  • Apr 12, 2010 4:27am Apr 12, 2010 4:27am
30m chart is the relevant time frame chart, 200ema for the retrace.

A few things worth looking at on the chart, circled in green.

1. spike down
2. 200ema
3. Fib 50

Strong bullish trend still in effect, but as a retrace is needed to move on, this seems as good as place as any.
Attached Image (click to enlarge)
Click to Enlarge Name: pr.jpg Size: 121 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #215,966
  • Apr 12, 2010 4:29am Apr 12, 2010 4:29am
Quoting kill56
join the hit and run club

ist Greece or germany

will the german pay greece bill lets wait and see
Get those pips in that bag of yours bro!
  • #215,967
  • Apr 12, 2010 4:31am Apr 12, 2010 4:31am
Quoting Magix
30m chart is the relevant time frame chart, 200ema for the retrace.

A few things worth looking at on the chart, circled in green.

1. spike down
2. 200ema
3. Fib 50

Strong bullish trend still in effect, but as a retrace is needed to move on, this seems as good as place as any.
  • #215,968
  • Apr 12, 2010 4:33am Apr 12, 2010 4:33am
i want cable pumped to 5480 and then i will short
  • #215,969
  • Apr 12, 2010 4:34am Apr 12, 2010 4:34am
as pic
Attached Image
ex member
  • #215,970
  • Apr 12, 2010 4:34am Apr 12, 2010 4:34am
Quoting free4440273
i want cable pumped to 5480 and then i will short
Once we close our shorts, we will get it up there for you.
  • #215,971
  • Apr 12, 2010 4:35am Apr 12, 2010 4:35am
Quoting bbakker
Get those pips in that bag of yours bro!
i think we still have some honey left i wanna suck the b;;;;;;;;;;;;;h
  • #215,972
  • Apr 12, 2010 4:36am Apr 12, 2010 4:36am
herer is my view on possible outcomes on GU over the next few days.

2 resitance levels at 1.5580 and next at 1.5620 (50% fib) if it gets there Ill be selling without thinking twice.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSD2.png Size: 34 KB
  • #215,973
  • Apr 12, 2010 4:36am Apr 12, 2010 4:36am
short at 38... looking to 05...
@pawpaw1000 on Twitter
  • #215,974
  • Apr 12, 2010 4:38am Apr 12, 2010 4:38am
Quoting Magix
30m chart is the relevant time frame chart, 200ema for the retrace.

A few things worth looking at on the chart, circled in green.

1. spike down
2. 200ema
3. Fib 50

Strong bullish trend still in effect, but as a retrace is needed to move on, this seems as good as place as any.

the wise man always on the spot
  • #215,975
  • Apr 12, 2010 4:38am Apr 12, 2010 4:38am
ouuuuuuuuuuuuuuuuuuuuuuuuut waiting
  • #215,976
  • Apr 12, 2010 4:42am Apr 12, 2010 4:42am
as pic
Attached Image (click to enlarge)
Click to Enlarge Name: z.jpg Size: 55 KB
ex member
  • #215,977
  • Apr 12, 2010 4:43am Apr 12, 2010 4:43am
opened short at 15440, riding it to the '00! Long term bullish, just enjoying the retrace!
  • #215,978
  • Apr 12, 2010 4:44am Apr 12, 2010 4:44am
Quoting The Magician
opened short at 15440, riding it to the '00! Long term bullish, just enjoying the retrace!
@pawpaw1000 on Twitter
  • #215,979
  • Apr 12, 2010 4:45am Apr 12, 2010 4:45am
Greek Prime Minister George Papandreou said the decision showed that nobody could "play with" the euro. LOL. Like it is in your control George

He also angered the Germans regarding the gold they stole during WWII. Here is the article -

http://news.bbc.co.uk/1/hi/business/8536862.stm

Nepotism is rife in Greece! I mean, his dad and grandad were also.... you've guessed it!
  • #215,980
  • Apr 12, 2010 4:46am Apr 12, 2010 4:46am
Quoting bbakker
TP unsure on both yet as I want to see price action around 15400 on cable and 13600 on fibre. We have been there already once this morning.
Bakker, keep an eye on these junture points... 1.5380 & 1.5320
Veni, Vidi, Vici (We came, we saw, we conquered)
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