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Cable Update (GBPUSD)

  • #257,081
  • Sep 29, 2010 9:04am Sep 29, 2010 9:04am
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  • #257,082
  • Sep 29, 2010 9:10am Sep 29, 2010 9:10am
on H1 , higher high & higher low & higher close & higher vol suggest a sweet move up at least towards 1,5850
Let's see what NY will do
COT: The precious data ignored
  • #257,083
  • Sep 29, 2010 9:13am Sep 29, 2010 9:13am
Quoting Bull_Bear
Would have been nice to jump in short. I say still is but just not at the top of TL.
Hi mate.. Just a thought.. Weekly is bullish, we held the support quite nicely, even thou yesterday we got a bear spike post posen's statements, we got back to the level. we keep above 780.. I dont know about short until we break below. BTW, the ltl, i dont see any real break out.. anyway, Good luck mate..
  • #257,084
  • Sep 29, 2010 9:24am Sep 29, 2010 9:24am
Quoting scurt


Inserted Video
  • #257,085
  • Sep 29, 2010 9:26am Sep 29, 2010 9:26am
Quoting mloistianto
Hi mate.. Just a thought.. Weekly is bullish, we held the support quite nicely, even thou yesterday we got a bear spike post posen's statements, we got back to the level. we keep above 780.. I dont know about short until we break below. BTW, the ltl, i dont see any real break out.. anyway, Good luck mate..
For now short is the better option M. Top TL rejection at 1.5890 level, now I'm trading rejection of the longer term TL overlapped by short term TL, plus below DP. It may hold, it may not but until its broken short for me.

Gotta jet
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #257,086
  • Sep 29, 2010 9:30am Sep 29, 2010 9:30am
Inserted Video
  • #257,087
  • Sep 29, 2010 9:37am Sep 29, 2010 9:37am
will do... going out to play with my kids good luck to all...

good luck trading to all

Quoting grashid
http://www.youtube.com/watch?v=v9oae5ClxaQ
  • #257,088
  • Sep 29, 2010 9:44am Sep 29, 2010 9:44am
Everyone seems pretty impatient here and all too ready to cry "short". I remember not long ago we were taking a few shots at breaking 1.5700 and all the bears were in here saying how we wouldn't break it. That didn't last too long if you're a semi-patient trader. I'm still holding my longs and raise my target from 1.5900 to 1.5980
check out my blog: forexmademillionaire dot com
  • #257,089
  • Sep 29, 2010 9:49am Sep 29, 2010 9:49am
Quoting Geppy
Everyone seems pretty impatient here and all too ready to cry "short". I remember not long ago we were taking a few shots at breaking 1.5700 and all the bears were in here saying how we wouldn't break it. That didn't last too long if you're a semi-patient trader. I'm still holding my longs and raise my target from 1.5900 to 1.5980
  • #257,090
  • Sep 29, 2010 9:52am Sep 29, 2010 9:52am
1 position breakeven 2nd position 30 pips.Strategy back in play from 15800...looking at support around 15740
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  • #257,091
  • Sep 29, 2010 9:53am Sep 29, 2010 9:53am
Quoting Geppy
Everyone seems pretty impatient here and all too ready to cry "short". I remember not long ago we were taking a few shots at breaking 1.5700 and all the bears were in here saying how we wouldn't break it. That didn't last too long if you're a semi-patient trader. I'm still holding my longs and raise my target from 1.5900 to 1.5980

WELL IT AINT GOING DOWN..thats something huh!
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  • #257,092
  • Sep 29, 2010 9:58am Sep 29, 2010 9:58am
Quoting nAVIN2007
WELL IT AINT GOING DOWN..thats something huh!
Yeah thats something..
  • #257,093
  • Sep 29, 2010 10:04am Sep 29, 2010 10:04am
gu wedge

support 1,5780 area holding for now , resistance 7820 to 840

tomorrow is another bond auction in us ... expect fireworks... till then sideways
market.

Attached Image (click to enlarge)
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Blogging daily now at www.volume.zone
  • #257,094
  • Sep 29, 2010 10:13am Sep 29, 2010 10:13am
yesterday is bear ( got 2 short with total 210 pip ) .... but 3 hours ago.....is B**l hehhehehehehee
Quoting nAVIN2007
WELL IT AINT GOING DOWN..thats something huh!
not euphoria follower
  • #257,095
  • Sep 29, 2010 10:25am Sep 29, 2010 10:25am
Quoting pawpaw1000
got in 2 pos long... targeting 5860
Got out of both with a little profit...

Lovely PA...
@pawpaw1000 on Twitter
  • #257,096
  • Sep 29, 2010 10:26am Sep 29, 2010 10:26am
Hi everyone sorry i havent uplouded my statment 2 days now because i was teaching , my strategy one member from this forum so i was busy.
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  • #257,097
  • Sep 29, 2010 10:32am Sep 29, 2010 10:32am
Quoting cloggie
No just buying in EG due to UK payment, EG moved to schedule today.

Closed my EG trades at the London close, still flat on Cable the DP is having a good hold on her. None of my trigger levels gave way this afternoon as per my earlier post, getting a little tired of scalping her.
  • #257,098
  • Sep 29, 2010 10:45am Sep 29, 2010 10:45am
Hello good people, greetings ..!

Wowww !

First time I pulled out the chart in a long time !

Very clean and nice chart !

Nice round bottom .. and now uptrend ..


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  • #257,099
  • Sep 29, 2010 10:58am Sep 29, 2010 10:58am
Quoting TheArcher
Hello good people, greetings ..!

Wowww !

First time I pulled out the chart in a long time !

Very clean and nice chart !

Nice round bottom .. and now uptrend ..


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interesting post..i never even notice the strength of the uptrend..it took yur post for me to notice it on the dailly
  • #257,100
  • Sep 29, 2010 11:01am Sep 29, 2010 11:01am
is it forming an inverse Head and Shoulders ... ?

is that also a 1-2-3 set-up coming along ... ?


wow ... a very delicious looking chart !


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