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Cable Update (GBPUSD)

  • #227,161
  • May 18, 2010 2:34am May 18, 2010 2:34am
Quoting manize
:nerd:My 1st target since yesterday ---> 1.4557 !

siang siang kita cakap buy dip kan bro?
Thank You
  • #227,162
  • May 18, 2010 2:38am May 18, 2010 2:38am
Quoting The Magician
long at 4500 for the day

Be mindful of the london fake break.
  • #227,163
  • May 18, 2010 2:41am May 18, 2010 2:41am
Hmmm. why "everyone" think it will may go up?!
I think Im going to wait for data and without data maybe think about downtrend
  • #227,164
  • May 18, 2010 2:44am May 18, 2010 2:44am
Quoting The Magician
long at 4500 for the day
well that was fun
  • #227,165
  • May 18, 2010 2:45am May 18, 2010 2:45am
Quoting The Magician
well that was fun
Fairly typical fake out, I have gone short at 449. We may test that open again though
  • #227,166
  • May 18, 2010 2:48am May 18, 2010 2:48am
Quoting wormboy

siang siang kita cakap buy dip kan bro?
Yes friend, buy at DP today --> 1.4407 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #227,167
  • May 18, 2010 3:00am May 18, 2010 3:00am
Quoting The Magician
well that was fun
you were late to the party ... so buying right under yesterday's high was always a bit risky, unless you had enforced wider stops.
dop, previous hi/lo & dp are seldom taken out at the first test unless during news releases.
Immediate trend for cable is still up tho (H1 &H4), & previous high was tested with intent earlier, good chance of it getting tested again later imho.
Good luck buddy
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 25 KB
Thank You
  • #227,168
  • May 18, 2010 3:01am May 18, 2010 3:01am
Quoting manize
Yes friend, buy at DP today --> 1.4407 !
nicely done bro
Thank You
  • #227,169
  • May 18, 2010 3:02am May 18, 2010 3:02am
Definitely room to the upside.
"I made all my money by selling too soon"
  • #227,170
  • May 18, 2010 3:04am May 18, 2010 3:04am
Hi all ,,

According to my analysis , i can see the Price setting on the lower trend line and the MACD is oversold, so it could go north from here.
And there is reversal pattern in yesterdays candle.
Attached Image (click to enlarge)
Click to Enlarge Name: tl.gif Size: 28 KB
  • #227,171
  • May 18, 2010 3:12am May 18, 2010 3:12am
I'm looking for a slightly better price - scalp Long.
"I made all my money by selling too soon"
  • #227,172
  • May 18, 2010 3:13am May 18, 2010 3:13am
Boys calm down, we are just consolidating, to set a new trend in place

http://img375.imageshack.us/img375/6...shnetsheep.jpg
  • #227,173
  • May 18, 2010 3:16am May 18, 2010 3:16am
I had a limit long at 4470, only needed 25-30 pips and it's doing exactly that.

I hesitated, could have bought at market and now I've missed out - time for a coffee!
"I made all my money by selling too soon"
  • #227,174
  • May 18, 2010 3:23am May 18, 2010 3:23am
My technical anlysis says the news will be as expected or just slightly worst than expected. that way we can go down to the pivot like my chart says it should!!
  • #227,175
  • May 18, 2010 3:26am May 18, 2010 3:26am
Quoting amberfm
Hi all ,,

According to my analysis , i can see the Price setting on the lower trend line and the MACD is oversold, so it could go north from here.
And there is reversal pattern in yesterdays candle.
For the longer term , I agree with you.
  • #227,176
  • May 18, 2010 3:34am May 18, 2010 3:34am
Got this pic from the picture tennis thread in the members lounge

looked funny to me

http://img37.imageshack.us/img37/1197/1559.jpg
  • #227,177
  • May 18, 2010 3:39am May 18, 2010 3:39am
guess news wasnt enough to break 1.451 .... opportunity missed ... again ....
  • #227,178
  • May 18, 2010 3:40am May 18, 2010 3:40am
Quoting wormboy
..
dop, previous hi/lo & dp are seldom taken out at the first test unless during news releases.
Immediate trend for cable is still up tho (H1 &H4), & previous high was tested with intent earlier, good chance of it getting tested again later imho.
Good luck buddy
There's the second test ..... & the sitting ducks short stops taken out.
Chance for the late buyers to square up imho.
Those who bought from lower levels can afford to wait this one out to see if 4463 holds.
Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1a.gif Size: 25 KB
Thank You
  • #227,179
  • May 18, 2010 3:42am May 18, 2010 3:42am
Quoting forexlion
Got this pic from the picture tennis thread in the members lounge

looked funny to me

http://img37.imageshack.us/img37/1197/1559.jpg
These girls might have to see a Podiatrist they all have camel toe
BE THE BEST YOU CAN BE AND BE IT TODAY
  • #227,180
  • May 18, 2010 3:45am May 18, 2010 3:45am
Which is a good online news station to follow for breaking news other than Sky News??
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