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Cable Update (GBPUSD)

  • #257,241
  • Sep 30, 2010 4:23am Sep 30, 2010 4:23am
Thats f**** awesome wormboy
  • #257,242
  • Sep 30, 2010 4:25am Sep 30, 2010 4:25am
Quoting samirb
Good day everyone..

Broadening top is now became Diamond. Can go either way..

Good Luck
Gotta love the diamonds

I was waiting for that diamond breakout since yesterday and managed to get a buy in on the retest of the diamond TL. Nice work samirb, geppy.
  • #257,243
  • Sep 30, 2010 4:28am Sep 30, 2010 4:28am
http://www.forexrainbow.com/files/cd...heagf4ziab.gif
A little beginner trader since 2006
  • #257,244
  • Sep 30, 2010 4:29am Sep 30, 2010 4:29am
Pretty volatile PA right now.
Wondering what are beeing said in the speach!
  • #257,245
  • Sep 30, 2010 4:29am Sep 30, 2010 4:29am
Quoting wormboy
sounds good, 970 is where i'll watch tho.
anyway done for the day, took partial and left remaining positions to work.
time for my jog. take care bro, good luck
u too buddy
  • #257,246
  • Sep 30, 2010 4:30am Sep 30, 2010 4:30am
Quoting Sunsi
Last 1 h close. took out alot! of previous candles, that is a strongly bullish sign.

Am I right? Seems to be someprofit taking around 1.5900. But after that is done, a move up is likely.
Any thoughts on my thoughts?
1.6003 next resistance is goal
Hero calls followed by margin calls...
  • #257,247
  • Sep 30, 2010 4:32am Sep 30, 2010 4:32am
Quoting uksnowman
Gotta love the diamonds

I was waiting for that diamond breakout since yesterday and managed to get a buy in on the retest of the diamond TL. Nice work samirb, geppy.
yip was an absolute beauty
Attached Image (click to enlarge)
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  • #257,248
  • Sep 30, 2010 4:32am Sep 30, 2010 4:32am
Quoting nAVIN2007
stop drippling


need 1.60 to break and we have a new range to play with
DA DA DA , Sorry bro i can't
  • #257,249
  • Sep 30, 2010 4:32am Sep 30, 2010 4:32am
Quoting PhAnTi'
1.6003 next resistance is goal
Seems to having a tought time around 1.5900 at the moment.
Or what is your thoughts on 1.59 ?
  • #257,250
  • Sep 30, 2010 4:39am Sep 30, 2010 4:39am
there is talk about a large sell order of eurgbp to london fixing,
an additional reason for this bull, beside the technicals

(source: forexlive)
  • #257,251
  • Sep 30, 2010 4:40am Sep 30, 2010 4:40am
Seems, GBP and UK are the losers in the global currency devaluation game. UK´s export industry will be extraordinarily "happy" about a strong GBP. LOL !
________________________________ Errare humanum est
  • #257,252
  • Sep 30, 2010 4:42am Sep 30, 2010 4:42am
Stops above 5909 4hr previous swing hi not yet triggered to add to upside momentum.... Today's Lo-Hi currently @ 90% of the 20day average pip range, 61% the weekly range so far of the 26week average...

How strong are the bears here ?

G/L
ex member
  • #257,253
  • Sep 30, 2010 4:50am Sep 30, 2010 4:50am
I'm guessing the bulls will be encouraged if the daily candle closes above the daily t/f descending trend line which so far it hasn't.

G/L
ex member
  • #257,254
  • Sep 30, 2010 4:50am Sep 30, 2010 4:50am
Quoting wormboy
nice one bro! see ya @970

here's a clip for us bulls .. hard on!!!

http://www.youtube.com/watch?v=TGbwL8kSpEk

I meant .. party on!!!
later bro!

Enter Signature
  • #257,255
  • Sep 30, 2010 4:51am Sep 30, 2010 4:51am
Quoting Sunsi
Seems to having a tought time around 1.5900 at the moment.
Or what is your thoughts on 1.59 ?
yeah i say 1.6000 support will be reached in next 5 forexdays
Hero calls followed by margin calls...
  • #257,256
  • Sep 30, 2010 4:54am Sep 30, 2010 4:54am
Quoting Alexbabwa
Thats f**** awesome wormboy
yah, very nice!
Enter Signature
  • #257,257
  • Sep 30, 2010 4:56am Sep 30, 2010 4:56am
Quoting bbmac
Stops above 5909 4hr previous swing hi not yet triggered to add to upside momentum.... Today's Lo-Hi currently @ 90% of the 20day average pip range, 61% the weekly range so far of the 26week average...

How strong are the bears here ?

G/L
Looking at USDX not very I presume
This untenable decline of USD is going to hurt the rest of the world badly, but thats our next years worry.....
Don't be a hero. Don't have an ego. Always question yourself
  • #257,258
  • Sep 30, 2010 4:59am Sep 30, 2010 4:59am
area to watch .....

rgds,iqyu

Quoting iqyu5an
one daily target hit at 5900 ( 100 pips ) , waiting another one hit at 5930 to close the month.

but overall...once 5915 hit... it looks potential to re test 80.9 daily / 80.9 continuation fibo / 586x before next bull ( not a must...but sometimes )

time will tell


rgds,iqyu

http://www.forexfactory.com/showpost...&postcount=682
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not euphoria follower
  • #257,259
  • Sep 30, 2010 5:00am Sep 30, 2010 5:00am
Quoting USD-Bear
This untenable decline of USD is going to hurt the rest of the world badly, but thats our next years worry.....
People have been saying this for the past half decade.
Enter Signature
  • #257,260
  • Sep 30, 2010 5:12am Sep 30, 2010 5:12am
Quoting vosterfxandy
People have been saying this for the past half decade.

u gotta wonder what the hell is wrong with the world..
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