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Cable Update (GBPUSD)

  • #221,681
  • Apr 27, 2010 4:48am Apr 27, 2010 4:48am
Quoting kill56
update
The bears are having some fun today... come on Kill bring out the bear pictures
  • #221,682
  • Apr 27, 2010 4:51am Apr 27, 2010 4:51am
here u go 1BB
Attached Image
  • #221,683
  • Apr 27, 2010 4:52am Apr 27, 2010 4:52am
Quoting kill56
here u go 1BB

Where is the empathy one for the smelly finger brigade....
  • #221,684
  • Apr 27, 2010 4:53am Apr 27, 2010 4:53am
We have had a 160 pip move down since Asia open, so a retrace must be imminent... I will wait for confirmation before I jump in as we could still go further south.
  • #221,685
  • Apr 27, 2010 4:54am Apr 27, 2010 4:54am
Quoting wormboy
Hi rez

yea I've highlighted 5380 as the retest level on the previous charts. Not ruling out a slightly lower test of 5330 level but doubt that cable would close below it really. Time will tell how that goes.

Bingo
Jeff ... here is where the 76.4% fib is
We'll either stall here .. or pullback up a little.
Good luck.
Thank You
  • #221,686
  • Apr 27, 2010 4:54am Apr 27, 2010 4:54am
Quoting cloggie
Where is the empathy one for the smelly finger brigade....
  • #221,687
  • Apr 27, 2010 4:55am Apr 27, 2010 4:55am
Quoting cloggie
Where is the empathy one for the smelly finger brigade....

Attached Image (click to enlarge)
Click to Enlarge Name: Dancing-Bears-copy1.jpg Size: 129 KB
Attached Image
  • #221,688
  • Apr 27, 2010 4:58am Apr 27, 2010 4:58am
Quoting cloggie
Where is the empathy one for the smelly finger brigade....
lol! My fingers are a little smelly right now, but me an sad-face are sitting tight!
  • #221,689
  • Apr 27, 2010 4:59am Apr 27, 2010 4:59am
http://2.bp.blogspot.com/_0l1P9QwbP6.../dead+bull.jpg

pwned
  • #221,690
  • Apr 27, 2010 4:59am Apr 27, 2010 4:59am
Quoting wormboy
Bingo
Jeff ... here is where the 76.4% fib is
We'll either stall here .. or pullback up a little.
Good luck.
Azim 5320 in the row and look at w1
  • #221,691
  • Apr 27, 2010 5:00am Apr 27, 2010 5:00am
I'm out at 1.5340.
It may hit my target after all but thats just trading and only 12 pips more if it does. +145 pips in total for that one move (for those who care about pips).

Life is good today

Dazzer
  • #221,692
  • Edited 5:06am Apr 27, 2010 5:00am | Edited 5:06am
Ok...

First off...

"P R O P 's" to brother Worm, for the Chart-A-ble,
Trade Call. -I hope we're doin our own~!

-I see a "little support" on one of my chart's
@1.5315 slightly above Cloggie's though, that's really,
'NuTTin!

So in Do'in the math on Worm's 76.4 (as close to w/my number's):

1.5497 "ish" " 25th... two day's of a "Run-Up"
-1.5296 "ish" From on/about the 23rd...
------------------
= 201 PiP Gain... x WORM's
x76.4 Retrace Fib (of 200 Pips),
= 153
So,
1.5497... (Yes, i'm bored here wait'in for news)...
- 153
= 1.5344 (B R O K E N-!)... (Look for Some Support's!)

Positive News MAYBE some buyback-maybe,
But I Am Clear of spreading the Guilt of "STINKY FINGER's"...
-Make your own trade plan!!!
Best of Pipping Gang,

Jeff
I will work to Objectively Identify my Edges
  • #221,693
  • Apr 27, 2010 5:03am Apr 27, 2010 5:03am
Quoting bbakker
We have had a 160 pip move down since Asia open, so a retrace must be imminent... I will wait for confirmation before I jump in as we could still go further south.
lets wait and see fiber is gaven up
  • #221,694
  • Apr 27, 2010 5:05am Apr 27, 2010 5:05am
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-04-27_110112.jpg Size: 97 KB


There's going to be strong resistance at this level due to the UTL, but that bad news may well give her the shove needed.
  • #221,695
  • Apr 27, 2010 5:08am Apr 27, 2010 5:08am
By now i'm sure any sort of negative news I'm sure is priced into the cable. I'm looking at 5325 to start looking at best entry price, possibly close to the psycho level of 5300 to go long
  • #221,696
  • Apr 27, 2010 5:10am Apr 27, 2010 5:10am
Quoting yo_si
Attachment

There's going to be strong resistance at this level due to the UTL, but that bad news may well give her the shove needed.
It is not that bad. I think we will see a bounce from this level, but I am still waiting!

EDIT: While I am waiting, I think I will do some work at work LOL
  • #221,697
  • Apr 27, 2010 5:11am Apr 27, 2010 5:11am
  •  melba
  • | Joined Nov 2009 | Status: ...just surfing the wave... | 97 Posts
...it's also the support on daily up trend line (around 25/30..)....hope it holds and bounces back which could give us nice targ at 1.57/.58 levels....if not , back to same old south trend....
  • #221,698
  • Apr 27, 2010 5:13am Apr 27, 2010 5:13am
so what are we actually doin ... buyin or sellin ... or just watchin the trend
  • #221,699
  • Apr 27, 2010 5:15am Apr 27, 2010 5:15am
its time for relax some coffee and the hick with it might west not sure for now
Attached Image
  • #221,700
  • Apr 27, 2010 5:16am Apr 27, 2010 5:16am
Quoting wormboy
Bingo
Jeff ... here is where the 76.4% fib is
We'll either stall here .. or pullback up a little.
Good luck.
Word...
Brother Worm,
I'm just "StokED" on the trade plan working-!

All the rest of this is bonus "Duck-A-Roo$$"
-I'm just happy, (Again) the bigger plan is
working out.

-Again, Thanks Worm,
"You the Man",
Best of "Buy-Back" Pipping,
When you see it's right,
However,
I'm Seeing maybe some Gigantic H&S on 12hr Chart,
UNLESS, it's Negated, by driving ABOVE 1.54727 "ish",
Of a Left-Hand Shoulder- Who Know's!!!

Jeff -(My finger's have no "STinK STinK" on 'em yet!)
I will work to Objectively Identify my Edges
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