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Cable Update (GBPUSD)

  • #217,661
  • Apr 15, 2010 1:35am Apr 15, 2010 1:35am
where are all the perma bears from yesterday? all got out at be? lol

eyes on 5545 once we get there. 30 minutes till lo
Thank You
  • #217,662
  • Apr 15, 2010 1:38am Apr 15, 2010 1:38am
Quoting Nene
I am shorting at 1.5516 with tight stop because of heavy div. on the 1 and 4 hr T/F. Will be targeting somewhere around 1.5420 - 1.5440 area.

Jim
alright good luck jim. I'll wait till lo ... the usual
Thank You
  • #217,663
  • Apr 15, 2010 1:39am Apr 15, 2010 1:39am
Quoting egkid
Morning
we r almost near to my target 56 But we could not go higher than 5530
So i decided to sell from here 1.5510

GL All
becarefull mate..., hope not too soon...
I will be the number one Manager.
  • #217,664
  • Apr 15, 2010 1:41am Apr 15, 2010 1:41am
Quoting forexlion
even in intra day you should follow the grandfather levels

it gives you a better idea on whether it will be a good idea to short or buy every dip and close on tops

i do that, buy every dip on 5 min and close when the PA exhausts then re-enter again

that is intra day trading

not pulling your hair all the time, thinking the markets are all wrong
just when everyone is shorting cable on intra day

cable decides to shoot and kiss the grandfather level

hitch please do not laugh this time, grandfather here means weekly fib level
  • #217,665
  • Apr 15, 2010 1:48am Apr 15, 2010 1:48am
Quoting wormboy
where are all the perma bears from yesterday? all got out at be? lol

eyes on 5545 once we get there. 30 minutes till lo
The low of today?
  • #217,666
  • Apr 15, 2010 1:49am Apr 15, 2010 1:49am
could somebody post their daily and weekly fib levels as I'm not sure If I have drawn it correctly...
@pawpaw1000 on Twitter
  • #217,667
  • Apr 15, 2010 1:50am Apr 15, 2010 1:50am
Morning all. So breached the barrier but how high can we fly. See we've knocked twice at the door of 5200. Have the bulls got the strength to ram open that door and take us higher???
SL moved to +12
  • #217,668
  • Apr 15, 2010 1:51am Apr 15, 2010 1:51am
Quoting bbakker
The low of today?

lo = london open
Thank You
  • #217,669
  • Apr 15, 2010 1:51am Apr 15, 2010 1:51am
this good?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: daily.png Size: 70 KB
Click to Enlarge Name: weekly.png Size: 68 KB
@pawpaw1000 on Twitter
  • #217,670
  • Apr 15, 2010 1:52am Apr 15, 2010 1:52am
Quoting wormboy
lo = london open
Thank you for the clarification!
  • #217,671
  • Apr 15, 2010 1:53am Apr 15, 2010 1:53am
Quoting bbakker
Thank you for the clarification!

always wait for them brother.
Thank You
  • #217,672
  • Apr 15, 2010 1:58am Apr 15, 2010 1:58am
Quoting pawpaw1000
could somebody post their daily and weekly fib levels as I'm not sure If I have drawn it correctly...
Here.. weekly, daily & 4H
Attached Image(s) (click to enlarge)
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  • #217,673
  • Apr 15, 2010 2:00am Apr 15, 2010 2:00am
Quoting A-speculator
Here.. weekly, daily & 4H

Hopefully this is just the normal pre london spike in opposite direction...

Go Bulls!!!
@pawpaw1000 on Twitter
  • #217,674
  • Apr 15, 2010 2:01am Apr 15, 2010 2:01am
here we go
Thank You
  • #217,675
  • Apr 15, 2010 2:04am Apr 15, 2010 2:04am
Quoting pawpaw1000
could somebody post their daily and weekly fib levels as I'm not sure If I have drawn it correctly...
Here is my fibo's

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: gbpfibodaily.gif Size: 22 KB


Weekly
Attached Image (click to enlarge)
Click to Enlarge Name: gbpfiboweekly.gif Size: 18 KB
  • #217,676
  • Apr 15, 2010 2:04am Apr 15, 2010 2:04am
Quoting egkid
Morning
we r almost near to my target 56 But we could not go higher than 5530
So i decided to sell from here 1.5510

GL All
Which bird tell you ? Great Call ! 30 pips in no time !
  • #217,677
  • Apr 15, 2010 2:04am Apr 15, 2010 2:04am
Quoting javapips
becarefull mate..., hope not too soon...
Thanks for caring
As long as have a plan TP /SL No worry
  • #217,678
  • Apr 15, 2010 2:05am Apr 15, 2010 2:05am
Quoting mkrajaci
Here is my fibo's

Daily
Attachment

Weekly
Attachment
@pawpaw1000 on Twitter
  • #217,679
  • Apr 15, 2010 2:08am Apr 15, 2010 2:08am
Hi Boys and Girls

It's a glorious morning. Up at WHL last night to see my beloveds turn over the red side of town!!!! Happy nights.

Anyway, think we may see price being stable around the 1.548 - 1.5520 mark this morning in anticipation of the US figures this afternoon.

I'm sidelined for now. Hope all you longs don't get your fingers burned.

Don't forget, unemployment figures tend to impact more in the direction of the news not like yesterday where you get an inverse reaction!!!

Off to the day job now. GL to you all.
  • #217,680
  • Apr 15, 2010 2:14am Apr 15, 2010 2:14am
let's see bulls pump this to 5520 and then short
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