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Cable Update (GBPUSD)

  • #231,541
  • Jun 14, 2010 4:14am Jun 14, 2010 4:14am
Quoting ubaidahsan
from where you are selling it?

Ub
1.4700 looks a reasonable sell point - big R/N, previous S/R on number of occasions and monthly pivot point
  • #231,542
  • Jun 14, 2010 4:14am Jun 14, 2010 4:14am
Quoting ubaidahsan
from where you are selling it?

Ub
4650
  • #231,543
  • Jun 14, 2010 4:20am Jun 14, 2010 4:20am
oh yes she will retest now...
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Quoting joemiami
PRIMZ.... she definitely headed down soon. She will not retest previous high...she running out of steam.
i'll do my best, and let the old lady decide where she wanna go
  • #231,544
  • Jun 14, 2010 4:22am Jun 14, 2010 4:22am
can anyone please explain why the GBP/USD has risen so much in past hour? I still expect it to sell off the 1.4700 level (S/R, big rounds number, confluence with monthly pivot point) - is this reasonable?

many thanks
  • #231,545
  • Jun 14, 2010 4:26am Jun 14, 2010 4:26am
it's reasonable, but...

“The markets can stay irrational longer than you can stay solvent.”

-George Soros



Quoting bluemosaic
can anyone please explain why the GBP/USD has risen so much in past hour? I still expect it to sell off the 1.4700 level (S/R, big rounds number, confluence with monthly pivot point) - is this reasonable?

many thanks
"The real genius is knowing when to stop." - Marc Faber
  • #231,546
  • Jun 14, 2010 4:28am Jun 14, 2010 4:28am
Quoting hhitch
it's reasonable, but...

“The markets can stay irrational longer than you can stay solvent.”

-George Soros

:-) Like the quote.
Perhaps I should have waited for the entry signal instead of pre-empting it. Must learn patience!
  • #231,547
  • Jun 14, 2010 4:30am Jun 14, 2010 4:30am
Quoting hhitch
it's reasonable, but...

“The markets can stay irrational longer than you can stay solvent.”

-George Soros

hahaha! That is sooooo true! I'm short at 4730, SL at 4765 - definitely a smelly finger moment but what the hell!
  • #231,548
  • Jun 14, 2010 4:30am Jun 14, 2010 4:30am
yeah I've been trying to short this pig too, but it clearly wanted to go up.

Quoting bluemosaic
:-) Like the quote.
Perhaps I should have waited for the entry signal instead of pre-empting it. Must learn patience!
"The real genius is knowing when to stop." - Marc Faber
  • #231,549
  • Jun 14, 2010 4:33am Jun 14, 2010 4:33am
Quoting hhitch
it's reasonable, but...

“The markets can stay irrational longer than you can stay solvent.”

-George Soros

quote of the day
Verily, in every difficulties there is relief
  • #231,550
  • Jun 14, 2010 4:33am Jun 14, 2010 4:33am
My Chart Update
http://www.forexfactory.com/showthre...65#post3799265
  • #231,551
  • Jun 14, 2010 4:36am Jun 14, 2010 4:36am
since than climbing..

UK rate hikes this year?

Written by Jamie Coleman
June 13, 2010 at 14:46 GMT

Could be, as inflation stays stubbornly high, says MPC’s Sentance.
That should give cable a turbo-charged bid in early trade….

http://www.forexfactory.com/showthre...378&page=15425

Quoting bluemosaic
can anyone please explain why the GBP/USD has risen so much in past hour? I still expect it to sell off the 1.4700 level (S/R, big rounds number, confluence with monthly pivot point) - is this reasonable?

many thanks
  • #231,552
  • Jun 14, 2010 4:39am Jun 14, 2010 4:39am
I am selling here, mother in law says, bend over
  • #231,553
  • Jun 14, 2010 4:42am Jun 14, 2010 4:42am
Quoting forexlion
I am selling here, mother in law says, bend over
  • #231,554
  • Jun 14, 2010 4:43am Jun 14, 2010 4:43am
Quoting aforizma
since than climbing..

UK rate hikes this year?

Written by Jamie Coleman
June 13, 2010 at 14:46 GMT ...
Thanks for the info
  • #231,555
  • Jun 14, 2010 4:43am Jun 14, 2010 4:43am
Inserted Video
  • #231,556
  • Jun 14, 2010 4:45am Jun 14, 2010 4:45am
target might be 1.4780?
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  • #231,557
  • Jun 14, 2010 4:54am Jun 14, 2010 4:54am
mind to share your SL and TP lion ?

Quoting forexlion
I am selling here, mother in law says, bend over
i'll do my best, and let the old lady decide where she wanna go
  • #231,558
  • Jun 14, 2010 4:59am Jun 14, 2010 4:59am
Quoting bluemosaic
can anyone please explain why the GBP/USD has risen so much in past hour? I still expect it to sell off the 1.4700 level (S/R, big rounds number, confluence with monthly pivot point) - is this reasonable?

many thanks

Use indies and look at them !
  • #231,559
  • Jun 14, 2010 5:03am Jun 14, 2010 5:03am
Quoting aforizma
target might be 1.4780?
geez lion, I agree with you lol, scary thought ha ha , trying the 1st shorts of the day , 1st tgt my average band , have enjoyed the ride up so not much riding on this , Reason for short, last weeks high. Should be good for a few , counter trend atm so only tgting the band which has been good for long entries on the trip up
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  • #231,560
  • Jun 14, 2010 5:08am Jun 14, 2010 5:08am
Quoting Privet
Use indies and look at them !
Privet "Privet" ... davno tebia ne videla

always thank u for the hints and suggestions... they helped me a lot
I don't want a job, i want money!
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