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Cable Update (GBPUSD)

  • #251,041
  • Sep 5, 2010 10:44am Sep 5, 2010 10:44am
http://a.imageshack.us/img824/425/gbpusd05092010.jpg


Although it looks pretty bullish medium-term ( next 16 hours ), I am looking for short entries below 1.5519. First target 1.5225.
________________________________ Errare humanum est
  • #251,042
  • Sep 5, 2010 10:52am Sep 5, 2010 10:52am
USD index ? I'll try...


Quoting nAVIN2007
can u throw up a monthly or any1 else..
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not euphoria follower
  • #251,043
  • Sep 5, 2010 10:57am Sep 5, 2010 10:57am
Quoting iqyu5an
USD index ? I'll try...
is that all the data availible for monthly..thanks for the charts..monthly looking like it could be up ..but i need to see what kind of resistance levels are there to restrict price moving up!..
  • #251,044
  • Sep 5, 2010 11:20am Sep 5, 2010 11:20am
To me this is just rangy, I'd be looking for a buy once there's a clear break of he blue line and the gray line up there. A quick entry could be a short on the gray line that shows the upper boundary of the range.
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  • #251,045
  • Sep 5, 2010 11:32am Sep 5, 2010 11:32am
5450 is the important gate then 5380 where this coming thursday pound will be in deep shit....

attach some chart from some other link....

sell all rallies will be the game next week, n possible on Monday London close..

good luck all

g
Attached Image (click to enlarge)
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  • #251,046
  • Sep 5, 2010 11:46am Sep 5, 2010 11:46am
Attached Image (click to enlarge)
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Red
  • #251,047
  • Sep 5, 2010 11:46am Sep 5, 2010 11:46am
Quoting grashid
5450 is the important gate then 5380 where this coming thursday pound will be in deep shit....

attach some chart from some other link....

sell all rallies will be the game next week, n possible on Monday London close..

good luck all

g
hi G.Where is your setup for selling gu?1.5532?
Gold Expedition Return This Year: -16.4%
  • #251,048
  • Sep 5, 2010 1:44pm Sep 5, 2010 1:44pm
Quoting nAVIN2007
is that all the data availible for monthly..thanks for the charts..monthly looking like it could be up ..but i need to see what kind of resistance levels are there to restrict price moving up!..
I still see down for dx in the long run bro, possibly to 76 level. That 1.7 cable is coming, just a question of timing
Attached Image (click to enlarge)
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Thank You
  • #251,049
  • Sep 5, 2010 1:51pm Sep 5, 2010 1:51pm
Quoting wormboy
I still see down for dx in the long run bro, possibly to 76 level. That 1.7 cable is coming, just a question of timing
yup thats kinda target im looking at..weekly looking good..dailly as well..on usd bears strength

this was posted in belekas thread

http://www.business-standard.com/ind...onth/106053/on

if any1 is interested..not happy about it being written as this always makes it less credit imho..but still interesting
  • #251,050
  • Sep 5, 2010 1:53pm Sep 5, 2010 1:53pm
???
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  • #251,051
  • Sep 5, 2010 1:55pm Sep 5, 2010 1:55pm
Quoting nAVIN2007
yup thats kinda target im looking at..weekly looking good..dailly as well..on usd bears strength

this was posted in belekas thread

http://www.business-standard.com/ind...onth/106053/on

if any1 is interested..not happy about it being written as this always makes it less credit imho..but still interesting
yup ... anyway just to avoid confusion this is the monthly we're talking about, the big targets are long term projection. I still trade the immediate direction regardless, big drawdowns are not my thing. I can't afford it

Have a good one brother, see you in a few hours.
Thank You
  • #251,052
  • Sep 5, 2010 1:56pm Sep 5, 2010 1:56pm
Quoting wormboy
I still see down for dx in the long run bro, possibly to 76 level. That 1.7 cable is coming, just a question of timing
thanks bro..that looks excellent

Quoting wormboy
yup ... anyway just to avoid confusion this is the monthly we're talking about, the big targets are long term projection. I still trade the immediate direction regardless, big drawdowns are not my thing. I can't afford it

Have a good one brother, see you in a few hours.
for sure
  • #251,053
  • Sep 5, 2010 3:49pm Sep 5, 2010 3:49pm
Quoting nAVIN2007
is that all the data availible for monthly..thanks for the charts..monthly looking like it could be up ..but i need to see what kind of resistance levels are there to restrict price moving up!..
Is this ?

rgds,iqyu

http://www.forexfactory.com/showpost...&postcount=665
http://www.forexfactory.com/showpost...&postcount=639
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not euphoria follower
  • #251,054
  • Sep 5, 2010 4:02pm Sep 5, 2010 4:02pm
why the gap down?
  • #251,055
  • Sep 5, 2010 4:03pm Sep 5, 2010 4:03pm
Hello guys,

I will post my view on Cable...For me Cable is on Strong TL now and i will wait my formation for confirm entry.Till than i wont trade this pair,in last 2 weeks i got many good setups and i will wait this week to see what will hapen...


Cheers

Petar
Attached Image (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #251,056
  • Sep 5, 2010 4:05pm Sep 5, 2010 4:05pm
I believe the week ahead would be great for scalps. looking for 20tp/20sl trades but watching close for price action.
Good trading everybody !
  • #251,057
  • Sep 5, 2010 4:13pm Sep 5, 2010 4:13pm
Quoting gotpips92
why the gap down?
Since price went below the hourly 200 other than back on august 10th it has always got sold off near it or slightly above it friday was no exception , hourly 200 is around 1.5465 level
  • #251,058
  • Sep 5, 2010 4:17pm Sep 5, 2010 4:17pm
Quoting vilas
Hi Oxford ! How are you doing ? Going to be away for a few more days. Wish you Pips !

No one who makes over 100 posts a day can be a serious trader - this is just a gimmick to make a following. The other things that make me doubt him was his recommending / de-recommending Brokers on the basis of pip-spread and not security - he thinks cheapest is best which applies only to minuscule accounts.
There is a method in his posts - would like to assure followers that FX-trading is profitable for all and he quotes Hedge...

And I try to pay attention to content and contribution rather than
gross generalization and baseless assumptions regardless of the
numbers of posts.

Is this your contribution?

Dr. D.
  • #251,059
  • Sep 5, 2010 4:20pm Sep 5, 2010 4:20pm
Quoting fourxtrader
And I try to pay attention to content and contribution rather than
gross generalization and baseless assumptions regardless of the
numbers of posts.

Is this your contribution?

Dr. D.
Well said doc
  • #251,060
  • Sep 5, 2010 4:28pm Sep 5, 2010 4:28pm
Quoting cloggie
Ah don't mind him, he's got a hard on for me and for weeks now I keep telling him I don't swing that way and as he can't handle the rejection he has become my little Cyber stalker. His two buddies have been banned to the commercial section, this one won't last long.
Evening all,

I don't care what they say, thanks to cloggie I have spent the last two weeks making daily profits of 2% (demo) I only hope the higher volumes don't throw me out of whack !!

Once again cloggie, thank you.

If you happen to want to throw some of your fundamentals skills our way feel free.
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