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Cable Update (GBPUSD)

  • #216,121
  • Apr 12, 2010 7:32am Apr 12, 2010 7:32am
Quoting bbakker
All valid points!
i took the trade with a tight s/l at 75 from 87. gonna try and move to b/e as soon as. if it moves in my favour.
  • #216,122
  • Apr 12, 2010 7:33am Apr 12, 2010 7:33am
cable have 40pips to go where a new lows or highs never know
  • #216,123
  • Apr 12, 2010 7:37am Apr 12, 2010 7:37am
i divorced my bear wife, she reckons i took her for all she had. no pre nup she was a sucker!!
  • #216,124
  • Apr 12, 2010 7:38am Apr 12, 2010 7:38am
dollar index 80.67
  • #216,125
  • Apr 12, 2010 7:39am Apr 12, 2010 7:39am
Daily opening gap up is now closed as 1hr ascending trend line channel breeched again for 3rd time........below 5380 pot support is a 4 fib cluster 5356-46 of the swings up from 5128,5138,5268,5316 to present trend hi @ 5484. Below there and a similar 4 fib cluster awaits @ 5323-13 this time of the 5797, 5051, 5138,and 5268 moves up to same 5484 hi.

G/L
ex member
  • #216,126
  • Apr 12, 2010 7:39am Apr 12, 2010 7:39am
Quoting cloggie
552 for London close feasible.
If 538 holds, this is still feasible. I am out at 538 on the sidelines.
  • #216,127
  • Apr 12, 2010 7:40am Apr 12, 2010 7:40am
not from me but read with they might be wrong

1 of 1
CABLE: Drops back below $1.5400 to $1.5385 as the pound now comes under

pressure. Bids seen placed to $1.5380 a break to allow for a deeper

move toward $1.5350 ahead of $1.5320.
4/12/2010 8:07:18 AM



CABLE

Drops back below $1.5400 to $1.5385 as the...
  • #216,128
  • Apr 12, 2010 7:42am Apr 12, 2010 7:42am
i love the queeeeeeeeeeeeeeeeeeeeeeeeeeeen
  • #216,129
  • Apr 12, 2010 7:44am Apr 12, 2010 7:44am
Long fibre 3578
  • #216,130
  • Apr 12, 2010 7:45am Apr 12, 2010 7:45am
Also not from me:
Pivot: 1.5350.
Preference: LONG positions @ 1.536 with targets @ 1.553 & 1.561.
Alternative scenario: The downside penetration of 1.535 will call for a slide towards 1.527 & 1.522.
Comment: the pair remains within a bullish channel, the RSI is mixed to bullish.
Attached Image
Nil Desperandum Illegitimi Carborundum
  • #216,131
  • Apr 12, 2010 7:45am Apr 12, 2010 7:45am
Quoting cloggie
Long fibre 3578
what is fibre? are you referring to GBUSD? besides it being called cable.
  • #216,132
  • Apr 12, 2010 7:46am Apr 12, 2010 7:46am
Quoting kill56
i love the queeeeeeeeeeeeeeeeeeeeeeeeeeeen
I'm short...

Thats cable and fibre...

these had better hold. Although I'm trading with alot less than usual as I feel its better for my trading...
@pawpaw1000 on Twitter
  • #216,133
  • Apr 12, 2010 7:46am Apr 12, 2010 7:46am
Quoting cloggie
Long fibre 3578
Short Fibre 3572
Nil Desperandum Illegitimi Carborundum
  • #216,134
  • Apr 12, 2010 7:46am Apr 12, 2010 7:46am
Quoting cableboy
i took the trade with a tight s/l at 75 from 87. gonna try and move to b/e as soon as. if it moves in my favour.
No longs for me. Still holding my shorts, apart from fibre which hit my SL @BE. Better than a loss!

Kill56, my bro! With your new ForexSignalZulutrade indicator and the Force trendline indicator from 4xstar and Tsar, my MT4 charts are now finally automated One less job to do Happy days!
  • #216,135
  • Apr 12, 2010 7:47am Apr 12, 2010 7:47am
Quoting cloggie
Long fibre 3578
closed my short and waiting on close above 30 ma to go long...

see we making higher swings...

What was your reason?

BTW, short on cable below 80 As i said earlier...

looking at 5310 - 5330 levels...
@pawpaw1000 on Twitter
  • #216,136
  • Apr 12, 2010 7:48am Apr 12, 2010 7:48am
if the cable is foooooooooooooooooked the fiber is doooooooooooooomed
  • #216,137
  • Apr 12, 2010 7:48am Apr 12, 2010 7:48am
Quoting pawpaw1000
I'm short...

Thats cable and fibre...

these had better hold. Although I'm trading with alot less than usual as I feel its better for my trading...

3565 held on fibre M30, we are already down 126 pips, the law of averages says that there is not much room left on this retrace, gap may stay open here. Trichet changed his tune and now says bail out package is good for Greece.
  • #216,138
  • Apr 12, 2010 7:49am Apr 12, 2010 7:49am
Just when i close my short it's going down...what a bad timing
COT: The precious data ignored
  • #216,139
  • Apr 12, 2010 7:49am Apr 12, 2010 7:49am
Quoting pawpaw1000
closed my short and waiting on close above 30 ma to go long...

see we making higher swings...

What was your reason?
He's trying to catch falling knives

Cloggie will have his excellent reasoning for it. We bounced of the 50% fib like a dream, so this could be a turnaround!
  • #216,140
  • Apr 12, 2010 7:50am Apr 12, 2010 7:50am
Quoting bbakker
No longs for me. Still holding my shorts, apart from fibre which hit my SL @BE. Better than a loss!

Kill56, my bro! With your new ForexSignalZulutrade indicator and the Force trendline indicator from 4xstar and Tsar, my MT4 charts are now finally automated One less job to do Happy days!

BaaBaa enjoy the mangggggggggggggooooo
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