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Cable Update (GBPUSD)

  • #254,281
  • Sep 20, 2010 7:17am Sep 20, 2010 7:17am


Quoting scurt
Agreed, didnt fill my selllimit because of 4pips... now waiting, if Llow is created, wait for pullback and jumping in short... TP similar with yours...
  • #254,282
  • Sep 20, 2010 7:23am Sep 20, 2010 7:23am
GBP/USD will bearish until 1.4200. Start your engine for Sell
  • #254,283
  • Sep 20, 2010 7:24am Sep 20, 2010 7:24am
well, just to be true to myself, looking for bounce around the 80 levels and I will then go Long targeting LO...

Let's see...
@pawpaw1000 on Twitter
  • #254,284
  • Sep 20, 2010 7:24am Sep 20, 2010 7:24am
Quoting master4forex
GBP/USD will bearish until 1.4200. Start your engine for Sell

On what basis? Could you elaborate?
  • #254,285
  • Sep 20, 2010 7:25am Sep 20, 2010 7:25am
Quoting pawpaw1000
Guys, just because we had a down morning definately doesn't mean we headed South for long...

My opinion, this large red line holds today and we start going up again to the high's and maybe 2moro, a bit higher...

I don't trade longer term but think it strange to call an end to longs until the large red line has been broken.

Good Luck to All
FF back! I think that this is the line we should watch for and eur looks very bearish .
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  • #254,286
  • Sep 20, 2010 7:27am Sep 20, 2010 7:27am
Quoting master4forex
GBP/USD will bearish until 1.4200. Start your engine for Sell
HAHAHA!

please tell me who told you that dear master of forex?

HAHAH! I love this stereotypical call! Have a LO drop and we start calling the demise of the pound! hahaha!

please give us some analysis so we can also see how to make trillions of Dollars.
@pawpaw1000 on Twitter
  • #254,287
  • Sep 20, 2010 7:28am Sep 20, 2010 7:28am
Quoting Piotr1
FF back! I think that this is the line we should watch for and eur looks very bearish .

5572? thats where i have my line in the sand...
@pawpaw1000 on Twitter
  • #254,288
  • Sep 20, 2010 7:29am Sep 20, 2010 7:29am
GBP/USD have ready going up to 100 pivot.. and then move down 23.6 pivot... last weak it try to up to 61.8 pivot..but nor reach that point.. strong sell back on friday... and than the continue strong sell today.... so now it try to move back to 50 pivot and try move to 0 pivot.. to much over bought since july 13 and the the trend move to buy for long... and then the reverse take place on 6.8.2010 .. and then the trend move sell ..
  • #254,289
  • Sep 20, 2010 7:33am Sep 20, 2010 7:33am
Quoting master4forex
GBP/USD have ready going up to 100 pivot.. and then move down 23.6 pivot... last weak it try to up to 61.8 pivot..but nor reach that point.. strong sell back on friday... and than the continue strong sell today.... so now it try to move back to 50 pivot and try move to 0 pivot.. to much over bought since july 13 and the the trend move to buy for long... and then the reverse take place on 6.8.2010 .. and then the trend move sell ..
gaga googoo?
@pawpaw1000 on Twitter
  • #254,290
  • Sep 20, 2010 7:35am Sep 20, 2010 7:35am
Quoting pawpaw1000
5572? thats where i have my line in the sand...
You right. I just repeated after you... should look more carefully.I apologize
for that.
  • #254,291
  • Sep 20, 2010 7:37am Sep 20, 2010 7:37am
Quoting Piotr1
You right. I just repeated after you... should look more carefully.I apologize
for that.
No problem mate seems like she might be breaking through now... would be interesting to see where we go, was expecting this level to hold...
@pawpaw1000 on Twitter
  • #254,292
  • Sep 20, 2010 7:38am Sep 20, 2010 7:38am
Long @ 1.5570

H1:

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Don't be a hero. Don't have an ego. Always question yourself
  • #254,293
  • Sep 20, 2010 7:39am Sep 20, 2010 7:39am
It may bounce off of 5540ish
  • #254,294
  • Sep 20, 2010 7:40am Sep 20, 2010 7:40am
sell.limit@1,5590 SL1,5625 TP1 5537, tp2 5520
if we go under 5550 order cancelled...


Quoting scurt
Agreed, didnt fill my selllimit because of 4pips... now waiting, if Llow is created, wait for pullback and jumping in short... TP similar with yours...
  • #254,295
  • Sep 20, 2010 7:40am Sep 20, 2010 7:40am
Hi all ,, what about the Monthly Pivot its few pip below the price, in my opinion it too risky to short now.
  • #254,296
  • Sep 20, 2010 7:40am Sep 20, 2010 7:40am
Quoting USD-Bear
Long @ 1.5570

H1:

Attachment


might be a good trade......maybe not

were right at the monthly and weekly pivot, and if they break, well...... lets just say I would completely rule out longs
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  • #254,297
  • Sep 20, 2010 7:44am Sep 20, 2010 7:44am
UK Mortgage lending falls to 17-month low.
Our beliefs are based on logic and the pursuit of clearity.
  • #254,298
  • Sep 20, 2010 7:47am Sep 20, 2010 7:47am
+RD in 5M.
  • #254,299
  • Sep 20, 2010 7:52am Sep 20, 2010 7:52am
Quoting USD-Bear
Long @ 1.5570

H1:

Attachment

Why do I have this feeling somebody stole something from me?

Good call, didn't see that coming. Doesn't hurt to wait for a confirmation, price falling like a knife. The RR will be still good.
  • #254,300
  • Sep 20, 2010 7:55am Sep 20, 2010 7:55am
Quoting trending
Why do I have this feeling somebody stole something from me?

Good call, didn't see that coming. Doesn't hurt to wait for a confirmation, price falling like a knife. The RR will be still good.
Agreed, wouldn't enter there without confirmation as it looks like we have just broken down...
@pawpaw1000 on Twitter
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