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Cable Update (GBPUSD)

  • #222,061
  • Apr 28, 2010 5:19am Apr 28, 2010 5:19am
voodoo boodoo not doodoo
  • #222,062
  • Apr 28, 2010 5:24am Apr 28, 2010 5:24am
a cross down and the mighty 200 holds
Attached Image (click to enlarge)
Click to Enlarge Name: 1m cable n.gif Size: 16 KB
  • #222,063
  • Apr 28, 2010 5:24am Apr 28, 2010 5:24am
Quoting direct-trade
How I see it:

http://www.forexfactory.com/showthre...75#post3678775

http://www.forexfactory.com/showpost...postcount=6005

DT good to see you

Looks like we bought almost at the same area. I bought @5167, stop @5000

1. http://www.forexfactory.com/showpost...postcount=6355

2. http://www.forexfactory.com/showpost...postcount=6360

Hopefully it works out well for us!
Thank You
  • #222,064
  • Apr 28, 2010 5:29am Apr 28, 2010 5:29am
Quoting wormboy
DT good to see you

Looks like we bought almost at the same area. I bought @5167, stop @5000

1. http://www.forexfactory.com/showpost...postcount=6355

2. http://www.forexfactory.com/showpost...postcount=6360

Hopefully it works out well for us!
Hi Wormboy, hope you are well

Good to see we have the same view

All the best
  • #222,065
  • Apr 28, 2010 5:30am Apr 28, 2010 5:30am
Quoting fourxtrader
Before FOMC....
We need another retrace back up to test digger's quarterly open [1.5180]
or even to the previous weekly low [1.5191] and cam level L3 [1.5196]
to generate the energy to push this further down to complete the
customary L3 - L4 daily move to [L4 @ 1.5129].

Dr.......
How's that for a retrace. Now will they hold.....
with still unfinished business to the south.

Dr. D.
voodooboodoodoc
  • #222,066
  • Apr 28, 2010 5:31am Apr 28, 2010 5:31am
Dr. voodoo hats off
  • #222,067
  • Apr 28, 2010 5:37am Apr 28, 2010 5:37am
Quoting fourxtrader
How's that for a retrace. Now will they hold.....
with still unfinished business to the south.

Dr. D.
voodooboodoodoc

lol the minute you post this cable drops. Good one doc
Thank You
  • #222,068
  • Apr 28, 2010 5:39am Apr 28, 2010 5:39am
Lots of rumours circulating re greek debt/aid package / portugal similar/ and Uk AAA credit rating under threat...makes for an interesting market....
ex member
  • #222,069
  • Apr 28, 2010 5:39am Apr 28, 2010 5:39am
a hung parliament is hardly a good enough reason for the cable to fall so heavily against a rising/steady (albeit temporary) fx market - except for the yen, all the other majors are sharply higher from the lows of the last 24 hours).

sudden pullback to 5145 looks to be stops overflowing from the 517 pivot point.

I'm punting it will settle hear, but may be proved wrong.
  • #222,070
  • Apr 28, 2010 5:40am Apr 28, 2010 5:40am
Bought at 5151 on double bottom now to see if that retracement we are due comes?
Trade what you see never what you think!
  • #222,071
  • Apr 28, 2010 5:44am Apr 28, 2010 5:44am
Quoting fivedollar
a hung parliament is hardly a good enough reason for the cable to fall so heavily against a rising/steady (albeit temporary) fx market - except for the yen, all the other majors are sharply higher from the lows of the last 24 hours).

sudden pullback to 5145 looks to be stops overflowing from the 517 pivot point.

I'm punting it will settle hear, but may be proved wrong.
The slide earlier had a lot to do with rumours that barclays stating the uk could lose its AAA, sell the rumour. but since barclays were quick to deny it, buy the fact
Thank You
  • #222,072
  • Apr 28, 2010 5:47am Apr 28, 2010 5:47am
enjoy the ride while it last no break no shack
Attached Image (click to enlarge)
Click to Enlarge Name: 1m cable n.gif Size: 19 KB
  • #222,073
  • Apr 28, 2010 5:50am Apr 28, 2010 5:50am
Quoting kill56
enjoy the ride while it last no break no shack
Kill what Ma is your yellow ?
Trade what you see never what you think!
  • #222,074
  • Apr 28, 2010 5:53am Apr 28, 2010 5:53am
Quoting TheCatsPJs
Kill what Ma is your yellow ?

200ema
  • #222,075
  • Apr 28, 2010 5:53am Apr 28, 2010 5:53am
Quoting wormboy
DT good to see you

Looks like we bought almost at the same area. I bought @5167, stop @5000

1. http://www.forexfactory.com/showpost...postcount=6355

2. http://www.forexfactory.com/showpost...postcount=6360

Hopefully it works out well for us!
how could, i will buy too, the number almost same with you,,(just different 100 pips down )


how nice to see chart again... you all here so lucky could see red and green bar everyday...,
I will be the number one Manager.
  • #222,076
  • Apr 28, 2010 5:55am Apr 28, 2010 5:55am
Quoting kill56
200ema
cheers. looks strong
Trade what you see never what you think!
  • #222,077
  • Apr 28, 2010 5:55am Apr 28, 2010 5:55am
Bullish div on the 5min at that 2nd test of the 5145 area....1hr could well close as a bullish hammer/2nd pinbar...a few minutes to go till it's close....

Weather great here in Central London, 23 degrees C expected, so finishing here to enjoy the sun....


http://i42.tinypic.com/oka9w4.jpg

G/L
ex member
  • #222,078
  • Apr 28, 2010 5:59am Apr 28, 2010 5:59am
Come on Angela sign up now or have Greece and Portugal kicked out
  • #222,079
  • Apr 28, 2010 6:09am Apr 28, 2010 6:09am
room we are trading the news and the only indi is holding is the ma's all are crushing watch u azz's we might get burned easy if good or bad news come out
  • #222,080
  • Apr 28, 2010 6:11am Apr 28, 2010 6:11am
Quoting cloggie
I am with you Hell7, Cable has been held up artificially by the euro last week and is set for a fall to 518 this week, Monday will set the trend for the week. Only outside interference can keep Cable up.
Well, we hit my weekly target I set Sunday a lot quicker thanks to Merkel. Gotta revise my weekly plan now. Any normal week and I would expect a retrace from here, however this week it will take a lot to retrace now.
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