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Cable Update (GBPUSD)

  • #261,181
  • Oct 20, 2010 4:16am Oct 20, 2010 4:16am
Quoting Sunsi
USDX is now at a trendline who are likely to give support
Because of the recent pinbar I went short in EU instead.@ 1.3830. But USD are likely to find some support at that trendline.
50% retrace around 77.50, up move yesterday caused by S&P's decline, don't see USDX higher while S&P is holding, if not, your trend line could be valid but futures indicate S&P is holding
Don't be a hero. Don't have an ego. Always question yourself
  • #261,182
  • Oct 20, 2010 4:18am Oct 20, 2010 4:18am
Quoting chazzle
reloading the short half way up this 15m candle @ 15710
favour the downside below 15770
took 2 positions...taking the hit -16
  • #261,183
  • Oct 20, 2010 4:22am Oct 20, 2010 4:22am
Quoting USD-Bear
50% retrace around 77.50, up move yesterday caused by S&P's decline, don't see USDX higher while S&P is holding, if not, your trend line could be valid but futures indicate S&P is holding
Good points
TL holding up well so far, but need to hold 1h candle close.
  • #261,184
  • Oct 20, 2010 4:23am Oct 20, 2010 4:23am
Quoting fendi
i cant see g/u going down just yet, still holding on to my long, 1.58 region must come
if you cant see it try closing your eyes & imagining it. I was long this morning with target of 1.6170 but reversed just before the news because it was not showing me what I was seeing.
  • #261,185
  • Oct 20, 2010 4:31am Oct 20, 2010 4:31am
looks like it is rather slow today with rather bearish tedencies atm, really hard to take any decision.. what do you guys think of the trend today?
  • #261,186
  • Oct 20, 2010 4:38am Oct 20, 2010 4:38am
don't worry, i take my looses well so also my gains........... my eye's are all open..... hahaaa



Quoting Allseeingeye
if you cant see it try closing your eyes & imagining it. I was long this morning with target of 1.6170 but reversed just before the news because it was not showing me what I was seeing.
  • #261,187
  • Oct 20, 2010 4:40am Oct 20, 2010 4:40am
Quoting Allseeingeye
if you cant see it try closing your eyes & imagining it. I was long this morning with target of 1.6170 but reversed just before the news because it was not showing me what I was seeing.
you were right, stopped
I'll short again when i see the opportunity
COT: The precious data ignored
  • #261,188
  • Oct 20, 2010 4:40am Oct 20, 2010 4:40am
since i am in short with a s.l i think i am o.k. I av my eye's glued to my target 1.58 region with s.l

Quoting courtt5
With the spending report due out in 2.5 hours, I dont know why anyone would be long in GBP today.

Short G/J @ 127.95, TP 126.95, SL 128.25
  • #261,189
  • Oct 20, 2010 4:48am Oct 20, 2010 4:48am
I'll go long when hourly closes above 1.5747 lvl
Hero calls followed by margin calls...
  • #261,190
  • Oct 20, 2010 4:52am Oct 20, 2010 4:52am
I hope u imagined also proper with ur eyes closed.....hahaaa cause u could b wrong


Quoting Allseeingeye
if you cant see it try closing your eyes & imagining it. I was long this morning with target of 1.6170 but reversed just before the news because it was not showing me what I was seeing.
  • #261,191
  • Edited 5:06am Oct 20, 2010 4:54am | Edited 5:06am
GBPUSD will go up...the target is SMA 100
The next 4h candel will go down in SMA 200 zone....buy in this zone
Attached Image (click to enlarge)
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  • #261,192
  • Oct 20, 2010 4:56am Oct 20, 2010 4:56am
Quoting kuroro001
you were right, stopped
I'll short again when i see the opportunity
dun worry friend...it won't be long before you & me can take the short again....the PA is looking for any weak shorts...after that's done...that's where we come in...
  • #261,193
  • Oct 20, 2010 4:56am Oct 20, 2010 4:56am
what does d news say? i think technical,eat technical sleep technica, so may b i am wrong. my patern doesn't look wrong yet. s.l aways available

Quoting courtt5
With the spending report due out in 2.5 hours, I dont know why anyone would be long in GBP today.

Short G/J @ 127.95, TP 126.95, SL 128.25
  • #261,194
  • Oct 20, 2010 4:56am Oct 20, 2010 4:56am
OK starting to short again 15740.

H4 200ema,historical PA resistance and the top of this small up channel all within 15755 - 15775
  • #261,195
  • Oct 20, 2010 5:03am Oct 20, 2010 5:03am
Quoting Mr.Elliott
dun worry friend...it won't be long before you & me can take the short again....the PA is looking for any weak shorts...after that's done...that's where we come in...
Yeh let's be patient, i've just added a small short, price looks weak for bulls, tight stop though
COT: The precious data ignored
  • #261,196
  • Oct 20, 2010 5:04am Oct 20, 2010 5:04am
i decide to close my long

maybe daily black crow gonna play soon...
Verily, in every difficulties there is relief
  • #261,197
  • Oct 20, 2010 5:15am Oct 20, 2010 5:15am
Quoting primzvicious
i decide to close my long

maybe daily black crow gonna play soon...
mmm, we can't all agree on this, scary
Don't be a hero. Don't have an ego. Always question yourself
  • #261,198
  • Oct 20, 2010 5:20am Oct 20, 2010 5:20am
Quoting kuroro001
Yeh let's be patient, i've just added a small short, price looks weak for bulls, tight stop though
But it doesn't go down this hour, or down with a bounce off the low without going lower than london session low, then i'll reverse
COT: The precious data ignored
  • #261,199
  • Oct 20, 2010 5:22am Oct 20, 2010 5:22am
Quoting USD-Bear
mmm, we can't all agree on this, scary
gl mate.. where ever she goes...
Verily, in every difficulties there is relief
  • #261,200
  • Oct 20, 2010 5:23am Oct 20, 2010 5:23am
Quoting fendi
I hope u imagined also proper with ur eyes closed.....hahaaa cause u could b wrong
I was wrong I was bullish but the PA is telling me I am wrong & so are the Fundamentals, but dont forget I took this down 300 pips & caught the botton for another 75 so if it breaks 55 then i will consider longs but right now the way it looks i see minumum double bottom then 156 & if I am realy lucky 155
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