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Cable Update (GBPUSD)

  • #222,801
  • Apr 29, 2010 8:51pm Apr 29, 2010 8:51pm
Quoting Najee
Good morning citizens, hope all of you have a terrific day today. Happy pipping...
Morning. We are citizens of a country called Forex factory. Who is our president, what is the name of our currency and when will be the next election?
Great Bodies are Engineered not Born
  • #222,802
  • Apr 29, 2010 9:40pm Apr 29, 2010 9:40pm
Quoting RichLadyFX
Morning. We are citizens of a country called Forex factory. Who is our president, what is the name of our currency and when will be the next election?
president : Mental
currency : Wino
next election: When the Market Move
8H in very tight range
  • #222,803
  • Apr 29, 2010 9:54pm Apr 29, 2010 9:54pm
Quoting RichLadyFX
Who is our president, what is the name of our currency and when will be the next election?
I do not know who is the current president or when the next elections will be held, but I nominate myself to be the next President.

If I win you can be my first lady.

  • #222,804
  • Apr 29, 2010 9:57pm Apr 29, 2010 9:57pm
Quoting yorygog
I do not know who is the current president or when the next elections will be held, but I nominate myself to be the next President.

If I win you can be my first lady.

superb answer
  • #222,805
  • Apr 29, 2010 10:00pm Apr 29, 2010 10:00pm
Thanks.

I am bored right now. Just waiting for the European session to open.
  • #222,806
  • Apr 29, 2010 10:02pm Apr 29, 2010 10:02pm
Quoting forexlion
superb answer
By the way, if I am elected president, you can bwe my Second lady.

  • #222,807
  • Apr 29, 2010 10:05pm Apr 29, 2010 10:05pm
Quoting yorygog
Thanks.

I am bored right now. Just waiting for the European session to open.
http://img693.imageshack.us/img693/2523/chinapz.gif
  • #222,808
  • Apr 29, 2010 10:07pm Apr 29, 2010 10:07pm
Quoting RichLadyFX
Morning. We are citizens of a country called Forex factory. Who is our president, what is the name of our currency and when will be the next election?
Country - Forex Factory
Currency - Anything under the sky that can be traded
President & Election - None whatsoever as anyone can contribute their intellectual opinions.
  • #222,809
  • Apr 29, 2010 10:08pm Apr 29, 2010 10:08pm
the economic calendar is loaded today

so expect good moves on cable

try not to miss good opportunities in trade
  • #222,810
  • Apr 29, 2010 10:23pm Apr 29, 2010 10:23pm
Quoting forexlion
the economic calendar is loaded today

so expect good moves on cable

try not to miss good opportunities in trade
Waiting to see if cable can retrace to about 1.5303-08 level to go long. We've had 2 higher highs on the 1d and my thot is that we might revisit 1.55 ish sometime next week (if no other additions to PIGS being slaughtered...)
  • #222,811
  • Apr 29, 2010 10:27pm Apr 29, 2010 10:27pm
Quoting Najee
Waiting to see if cable can retrace to about 1.5303-08 level to go long. We've had 2 higher highs on the 1d and my thot is that we might revisit 1.55 ish sometime next week (if no other additions to PIGS being slaughtered...)
i hope u closed the 5300 long in green as i advised yesterday

the drop was too early to call it a valid drop
  • #222,812
  • Apr 29, 2010 10:32pm Apr 29, 2010 10:32pm
Quoting forexlion
i hope u closed the 5300 long in green as i advised yesterday

the drop was too early to call it a valid drop
I did closed above 5300 with a meagre profit. No complaints as long as I'm unscathed. That's the beauty of trading on the longer TF (provided if you have good amount of reserves). Thanks for the advice man...
  • #222,813
  • Apr 29, 2010 11:32pm Apr 29, 2010 11:32pm
Good day.
Does FF have any Sentiment Indices?
Cheers
  • #222,814
  • Apr 29, 2010 11:40pm Apr 29, 2010 11:40pm
Quoting Najee
I did closed above 5300 with a meagre profit. No complaints as long as I'm unscathed. That's the beauty of trading on the longer TF (provided if you have good amount of reserves). Thanks for the advice man...
this is the reason i trade 0.5% because then i can hold the trade if i a forced to hold it for -15 pips
  • #222,815
  • Apr 30, 2010 12:54am Apr 30, 2010 12:54am
Good morning guys n gals,

Lets hope today is better than yesterday for my account balance.

Whats new. Are we still going up??

Dazzer
  • #222,816
  • Apr 30, 2010 12:57am Apr 30, 2010 12:57am
From what I can gather, we have touched the 62 fib from the high to the low of this week.

Good luck

Dazzer
  • #222,817
  • Apr 30, 2010 12:57am Apr 30, 2010 12:57am
Quoting Dazzer
Good morning guys n gals,

Lets hope today is better than yesterday for my account balance.

Whats new. Are we still going up??

Dazzer

for now buyers sitting at 1,5320 , we may spike down to 1.5300 / 1.5280 but i d not expect anything less than that

I am buying dips unless 2 hr closes under 1,5280

potential target this session 1.5460 to 1.5500
Blogging daily now at www.volume.zone
  • #222,818
  • Apr 30, 2010 1:05am Apr 30, 2010 1:05am
special forces is still long on 1 hour, no need to pull the trigger for shorts

http://img443.imageshack.us/img443/1043/cable.gif
  • #222,819
  • Apr 30, 2010 1:10am Apr 30, 2010 1:10am
Look forming bearish divergence for me soon after this candle
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.gif Size: 38 KB
  • #222,820
  • Apr 30, 2010 1:16am Apr 30, 2010 1:16am
Quoting malcolmb14
for now buyers sitting at 1,5320 , we may spike down to 1.5300 / 1.5280 but i d not expect anything less than that

I am buying dips unless 2 hr closes under 1,5280

potential target this session 1.5460 to 1.5500

Good morning Malcolm,

Me neither, weekly pa will always at least try to end where it started and I would envisage further higher prices too, but lets see. After giving back all of Wedneday's gains yesterday, I just got a cheeky buy order for a very quick 30 pips. The other order is at BE.

Good luck to you

Dazzer
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