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Cable Update (GBPUSD)

  • #258,781
  • Oct 6, 2010 1:57am Oct 6, 2010 1:57am
Quoting chazzle
waiting for a fast drop then go long on the bounce...maybe
or we can just fly straight up
I would pretty much welcome 970 before adp
Thank You
  • #258,782
  • Oct 6, 2010 2:02am Oct 6, 2010 2:02am
Quoting Dayboy001
Morning all,

Dark & Gloomy here & it's only going to get worse.

noooooooooo way, it's going to bee a bright sunny day today, with lots of greens for everyone
  • #258,783
  • Oct 6, 2010 2:03am Oct 6, 2010 2:03am
Quoting wormboy
i have 5938 next.
let's see how it goes
done.
970 up next. good luck
Thank You
  • #258,784
  • Oct 6, 2010 2:03am Oct 6, 2010 2:03am
Quoting AdrianHNV
noooooooooo way, it's going to bee a bright sunny day today, with lots of greens for everyone
I meant for the rest of the year !!
  • #258,785
  • Oct 6, 2010 2:07am Oct 6, 2010 2:07am
won't be around today...pending longs @ 15890 , 15870

GL All
  • #258,786
  • Oct 6, 2010 2:11am Oct 6, 2010 2:11am
Price breaks above yesterday's 5930 Hi from a 5871 pullback Lo, asia pretty much buying £ continued at start of London in this pairing....above here and Weekly R1 pivot 5936 area with Daily R1 pivot 5962 area aaround that 61.8% 7044-4229 head of those highs around 5997. Yesterday's candle was first to close above the descending trend line on the daily t/f..will this prove to be significant re more upside in this pairing ?

G/L

http://www.easy-upload.net/fichiers/z.20101069959.gif
ex member
  • #258,787
  • Oct 6, 2010 2:16am Oct 6, 2010 2:16am
Quoting wormboy
done.
970 up next. good luck
congrats bro ....

rgds,iqyu

http://www.forexfactory.com/showpost...&postcount=715
not euphoria follower
  • #258,788
  • Oct 6, 2010 2:20am Oct 6, 2010 2:20am
Thanks as always BBMAC, for the explanations and the graph.

I have more or less perfect 'correlation with Euro and Swissy on the current movements, both up and down at the moment.
  • #258,789
  • Oct 6, 2010 2:21am Oct 6, 2010 2:21am
Quoting iqyu5an
congrats bro ....

rgds,iqyu

http://www.forexfactory.com/showpost...&postcount=715
thanks bro. still a bit more to go before closing all the positions.
Thank You
  • #258,790
  • Oct 6, 2010 2:26am Oct 6, 2010 2:26am
Morning all,

I am standing aside, yesterday I was kick off from long and short as well and ended my day with a few green pips... but now I am confused about friday`s NFP...

I have a BO on 15M triangle, but looks like there is no momentum so we will dive little bit, but don`t want to enter countertrend trade...

Anyone has any scenario for upcoming NFP release?
  • #258,791
  • Oct 6, 2010 2:26am Oct 6, 2010 2:26am
Quoting bbakker
Work of the higher timeframes then and you will get your 40 pips + more. Just don't expect as many trades. You can't have it both ways... LOL

In long positions,can catch it but I have to close my position without any swap..There are some strict rules in my criteria and have to fullfill them:S Im also tense and afraid of not confirming my criteria..and if I can not,I won't be able to work with my company..
  • #258,792
  • Oct 6, 2010 2:27am Oct 6, 2010 2:27am


dub dub du bi da bi dub dub dub ......

Quoting wormboy
thanks bro. still a bit more to go before closing all the positions.
not euphoria follower
  • #258,793
  • Oct 6, 2010 2:30am Oct 6, 2010 2:30am
Long at 1.5919
  • #258,794
  • Oct 6, 2010 2:32am Oct 6, 2010 2:32am
Quoting scurt
Morning all,

I am standing aside, yesterday I was kick off from long and short as well and ended my day with a few green pips... but now I am confused about friday`s NFP...

I have a BO on 15M triangle, but looks like there is no momentum so we will dive little bit, but don`t want to enter countertrend trade...

Anyone has any scenario for upcoming NFP release?
Yes, absolutely, don't be worrying about Friday's NFP on a wednesday !! No one knows what the # will be and the variations like revisions to previous, deviation from forecast etc...that may affect knee-jerk and longer term market reaction, so just react to it when it happens ie if any hi-probability opportunities arise on the other side of it, (unless of course you are holding a longer term position ahead of it.)

G/L
ex member
  • #258,795
  • Oct 6, 2010 2:35am Oct 6, 2010 2:35am
Hey IQ are you long or short? (I cant figure out your charts!)
I went long 5913, but didnt TP at T1, it was 25 pips, i thought it would keep going but so far not, and I moved my Sl to BE and got taken out! Ah well, could be worse, but i still think bullish... you?
  • #258,796
  • Oct 6, 2010 2:37am Oct 6, 2010 2:37am
Quoting AdrianHNV
Long at 1.5919
why? fighting 15M shooting star?
Verily, in every difficulties there is relief
  • #258,797
  • Oct 6, 2010 2:43am Oct 6, 2010 2:43am
Quoting AdrianHNV
Long at 1.5919
Another in at 1.5892
  • #258,798
  • Oct 6, 2010 2:47am Oct 6, 2010 2:47am
Quoting AdrianHNV
Another in at 1.5892
5888 is the day open & 5931 is previous day hi. If it closes below the day open you might want to re evaluate your trade positions. Just a heads up.
Good luck.
Thank You
  • #258,799
  • Oct 6, 2010 2:47am Oct 6, 2010 2:47am
clearly the supply was waiting for the aggressive b/o of yesterday's hi players to join up @ Weekly R1 pivot !! Price has reached confluence of 61.8% 5855-5938 with 76.4% 5871-5938 as it's pullback lo and findinf some demand there.
ex member
  • #258,800
  • Oct 6, 2010 2:48am Oct 6, 2010 2:48am
Quoting primzvicious
why? fighting 15M shooting star?
Nope just 'stacking the longs in' Sometimes have as many as 10 trades running.. usually 10 -25 pips apart............
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