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Cable Update (GBPUSD)

  • #260,521
  • Oct 14, 2010 8:28am Oct 14, 2010 8:28am
Quoting bbakker
TPs are 1.5985, 1.5905 and 1.5850.

Success with your trading. Bye!
TP1 hit! Next target 1.5905
  • #260,522
  • Oct 14, 2010 8:28am Oct 14, 2010 8:28am
Quoting wormboy
The daily pivot @5859 has not been tested yet.
  • #260,523
  • Oct 14, 2010 8:33am Oct 14, 2010 8:33am
1,5983

corrective wave A = C
5min 200 SMA support

good support/long entry level??

regards
  • #260,524
  • Oct 14, 2010 8:34am Oct 14, 2010 8:34am
sorry tp = 1.6210 won't take too long
  • #260,525
  • Oct 14, 2010 8:34am Oct 14, 2010 8:34am
Price stalling at a bullish bat 15975, can expect some retracement. I'm not taking though.
  • #260,526
  • Oct 14, 2010 8:37am Oct 14, 2010 8:37am
anyone who said anything like get ready for blastoff in ..... putting on my ignore list.... I bet that the owner of this sentece is no more than 14 years old.... but thanks for your warning mate

Quoting animedia
Coming from the person who said this -

http://www.forexfactory.com/showpost...stcount=217261

People should trade their own charts.
  • #260,527
  • Oct 14, 2010 8:39am Oct 14, 2010 8:39am
Quoting trending
Price stalling at a bullish bat 15975, can expect some retracement. I'm not taking though.
Sitting right at 5m support...

Rode a few sheckles to here, but sitting flat now.
Attached Image (click to enlarge)
Click to Enlarge Name: 5msup.jpg Size: 68 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #260,528
  • Oct 14, 2010 8:39am Oct 14, 2010 8:39am
well lets just wait and see ok? cause here we go
  • #260,529
  • Oct 14, 2010 8:45am Oct 14, 2010 8:45am
I am in agreement if we stay above 1.6 on the close of hourly bar.

Slate me if you will
I need to finish something i started
  • #260,530
  • Oct 14, 2010 8:45am Oct 14, 2010 8:45am
Quoting Magix
Sitting right at 5m support...

Rode a few sheckles to here, but sitting flat now.

That's why we gather here. The more reasons the merrier.
  • #260,531
  • Oct 14, 2010 8:48am Oct 14, 2010 8:48am
Quoting wormboy
The daily pivot @5859 has not been tested yet.
care to explain sir?
  • #260,532
  • Oct 14, 2010 8:52am Oct 14, 2010 8:52am
Quoting trending
That's why we gather here. The more reasons the merrier.
Damn right!

Chart I posted a couple days ago on the USDX...

There might be some reaction here, if not, some really rocky waters!
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.jpg Size: 68 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #260,533
  • Oct 14, 2010 8:53am Oct 14, 2010 8:53am
Good day to you,

Take your positions. Final pushes across a large spectrum of currencies. Nice. Keep your wits about you - year end specials gonna go on offer not too far into the future.

Get yours while they are hot!
Attached Image
  • #260,534
  • Oct 14, 2010 8:56am Oct 14, 2010 8:56am
Wow, just trading support and resistance levels can be very powerful and profitable if done with patience.
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  • #260,535
  • Oct 14, 2010 8:57am Oct 14, 2010 8:57am
Quoting ghuisthefirs
well lets just wait and see ok? cause here we go
I know, I was in the same boat myself 9 months ago while new to Forex when I joined Forex Factory, but just to state "Get ready for blastoff" and "BUY"... blimey, I don't think even I was guilty of making such absurd statements.

Looks like your rocket is fizzling out... lol

The longer I stay on Forex Factory, the more despondent I get, so maybe the time has come...
  • #260,536
  • Oct 14, 2010 8:57am Oct 14, 2010 8:57am
Quoting forexman216
Wow, just trading support and resistance levels can be very powerful and profitable if done with patience.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #260,537
  • Oct 14, 2010 9:01am Oct 14, 2010 9:01am
Quoting TauTrader
Good day to you,

Take your positions. Final pushes across a large spectrum of currencies. Nice. Keep your wits about you - year end specials gonna go on offer not too far into the future.

Get yours while they are hot!

  • #260,538
  • Oct 14, 2010 9:07am Oct 14, 2010 9:07am
Quoting TauTrader
Good day to you,

Take your positions. Final pushes across a large spectrum of currencies. Nice. Keep your wits about you - year end specials gonna go on offer not too far into the future.

Get yours while they are hot!
LOL! You're not wrong there. The $ looks way overcooked. Net $ short positions are at their highest since December 2009 and the only thing that is driving the $ down is Bernanke and his threat of QE2.

I think it is already priced into the markets, but he is now stuck between a rock and a hard place, because if he is not going to start QE2, expect ES to tank and the $ to "blast off" ... ROFL (I could not resist!)
  • #260,539
  • Oct 14, 2010 9:07am Oct 14, 2010 9:07am
you will be amazed on how big this hour candle is gonna get
  • #260,540
  • Oct 14, 2010 9:09am Oct 14, 2010 9:09am
Quoting ghuisthefirs
you will be amazed on how big this hour candle is gonna get
I class you as
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