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Cable Update (GBPUSD)

  • #225,021
  • May 7, 2010 2:26am May 7, 2010 2:26am
gu is the new eu ....

eu heading up gu TANKING

ok have we done 300 pip down yet ... is it time for the 150 pip retrace ? lol
Blogging daily now at www.volume.zone
  • #225,022
  • May 7, 2010 2:26am May 7, 2010 2:26am
Quoting malcolmb14
hi remember our 2009 conversation on this scenario ?

looks like gu wants 1.4500
but you predicted her to be here in august or october 2009....
also she moved up some 1000 pips before collapsing...
with 1000-2000 pips drawdown tolerance one could keep the trade

Have you been short all a along thru thick and thin?
Hear the music before the song is over ...
  • #225,023
  • May 7, 2010 2:28am May 7, 2010 2:28am
wow!
thought I seen 'em all
Thank You
  • #225,024
  • May 7, 2010 2:29am May 7, 2010 2:29am
Quoting kill56
hi its not GM
you're right she cut through 1.4597 like a piece of cake....
Hear the music before the song is over ...
  • #225,025
  • May 7, 2010 2:31am May 7, 2010 2:31am
Quoting wormboy
GM how's it going bro
great bro how are you? how is the junior?
Hear the music before the song is over ...
  • #225,026
  • May 7, 2010 2:32am May 7, 2010 2:32am
Quoting fxoxford
where now looking at 1.4500 by tommorow, good luck to all
1.4500 came quicker then i thought,
  • #225,027
  • May 7, 2010 2:32am May 7, 2010 2:32am
As posted in another thread last week monthly chart points to a big drop to 1.3s which is a historical support level. UK's deficit concerns which are expected to be the biggest in Europe this year & technicals suggest that investors want to get out of GBP, for how long? No idea. But I suspect GBP's 1.3s will fold eventually, that is my gut feel. 1.3s re-test is very likely though.
Prices oscillate, trends persist. Trend is your friend.
  • #225,028
  • May 7, 2010 2:32am May 7, 2010 2:32am
Quoting free4440273
Exit for me here! back in later. All in!


http://static.open.salon.com/files/p...1262822029.jpg
Hold on and short keep ruling the GBP land now
  • #225,029
  • May 7, 2010 2:32am May 7, 2010 2:32am
OMG!!!!!!!!!!!!!!!!!
another million - billion mistake ???
where she goes???
... feel better day by day.
  • #225,030
  • May 7, 2010 2:33am May 7, 2010 2:33am
Quoting Bull_Bear
That was a expensive dinner ...

SL hit
Price is moving so fast that any SL dosen't hold for long....

1.4490 amazing but real!

1.4440 is yesterday daily 1.618 extension, wicth often act as extreme, let'see! LOL!

Reminder: Never buy whitout waiting for confirmation / reaction at level!.....

take care!
"Fly Kite Fly!"
  • #225,031
  • May 7, 2010 2:33am May 7, 2010 2:33am
Quoting amarfx
Hold on and short keep ruling the GBP land now
added to ignore
  • #225,032
  • May 7, 2010 2:34am May 7, 2010 2:34am
Quoting zoom
OMG!!!!!!!!!!!!!!!!!
another million - billion mistake ???
where she goes???
  • #225,033
  • May 7, 2010 2:37am May 7, 2010 2:37am
nice headfake on the 5mins! the games these people play!
  • #225,034
  • May 7, 2010 2:38am May 7, 2010 2:38am
wormy....

it's time now for 1.7

... feel better day by day.
  • #225,035
  • May 7, 2010 2:38am May 7, 2010 2:38am
Phew, finally managed to join some of the gang, bagged 130 pips just for a reasonably large bet. Glad I did, my shares are tanking thanks to the hung parliament.

Think I'll sit out now and count my pips rather than risk anything else!!! Well, maybe a little one here and there....

GL anyone else who's playing!
Back to basics, it has to be for me!
  • #225,036
  • May 7, 2010 2:38am May 7, 2010 2:38am
Dead cat bounce, intraday bears don't take blood bath from DCB
Attached Image
  • #225,037
  • May 7, 2010 2:39am May 7, 2010 2:39am
what's up with 1.45
  • #225,038
  • May 7, 2010 2:39am May 7, 2010 2:39am
Quoting Bull_Bear
GM bro where you been mate?

Whats up with you, did you ride the EUR and cable down. I making alright BEER MONEY TM mate.
How's it going bro?

I've been busy offline, so not very much involved in the market....very small position in euro though...

great to hear the beer money is rolling bro...
Hear the music before the song is over ...
  • #225,039
  • May 7, 2010 2:41am May 7, 2010 2:41am
Quoting GlobalMacro
Hey everybody,

wassup?

1.4597 looks like a nice support...
Hey Global Marcro,

long time no see, welcome back!
Missed your analysis a lot.
  • #225,040
  • May 7, 2010 2:47am May 7, 2010 2:47am
Quoting dag777
Hey Global Marcro,

long time no see, welcome back!
Missed your analysis a lot.
Hi Dag,

thanks...
Hear the music before the song is over ...
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