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Cable Update (GBPUSD)

  • #261,341
  • Oct 20, 2010 9:22pm Oct 20, 2010 9:22pm
Quoting JuliusCeasar
Neck?

Attachment
I hope so. Don't forget this:
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Cap
  • #261,342
  • Oct 20, 2010 9:22pm Oct 20, 2010 9:22pm
loading another short
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Verily, in every difficulties there is relief
  • #261,343
  • Oct 20, 2010 9:35pm Oct 20, 2010 9:35pm
Talk about a tug o war on the pairs...JPY's Riding the bull, USD's running with the bears....

Whiskey
Tango
Foxtrot?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,344
  • Oct 20, 2010 9:40pm Oct 20, 2010 9:40pm
Quoting Magix
Talk about a tug o war on the pairs...JPY's Riding the bull, USD's running with the bears....

Whiskey
Tango
Foxtrot?
HAHA.. that is awesome Sir.
Cap
  • #261,345
  • Oct 20, 2010 9:44pm Oct 20, 2010 9:44pm
Quoting The Captain
HAHA.. that is awesome Sir.
I figured if anybody would appreciate something like that Cap, it'd be you.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,346
  • Oct 20, 2010 9:55pm Oct 20, 2010 9:55pm
TP ?

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=830

Quoting primzvicious
loading another short
not euphoria follower
  • #261,347
  • Oct 20, 2010 10:00pm Oct 20, 2010 10:00pm
Quoting iqyu5an
TP ?

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=830
1.27
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,348
  • Oct 20, 2010 10:05pm Oct 20, 2010 10:05pm
g luck then .......
Quoting Magix
1.27
not euphoria follower
  • #261,349
  • Oct 20, 2010 10:19pm Oct 20, 2010 10:19pm
Quoting iqyu5an
TP ?

rgds,iqyu
http://www.forexfactory.com/showpost...&postcount=830
744 is the key, will cover some if we got there....
at longer term you can see my post earlier
Verily, in every difficulties there is relief
  • #261,350
  • Oct 20, 2010 10:34pm Oct 20, 2010 10:34pm
Quoting iqyu5an
g luck then .......
Really don't see why we couldnt just go into free fall mode now.

Really no demand any higher on the chart. USDX bottomed out, UK in horrible effing financial difficulties. Won't be long now before anybody with money decides to leave the rock while the value of their dollar is as high as current.

But hey, just my dos centavos.

A conversation with Malcomb way back in January I touched on 1.27 being support for cable, but really cannot remember what my exact reasoning was right now...he said, eff that, watch for PAR.

Time is the teller right iq?
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,351
  • Oct 20, 2010 10:47pm Oct 20, 2010 10:47pm
Good day to you,

Key number 1.5819. Look at the last 3 bars.

1) Peaking behind the door - met with buyers. Buyers pushed price back substantially.

2) Sellers blocking and move price back to the Resistance line.

3) Sellers peaking behind the door again to see what is on the other side. Buyers pushing back again. How strong will the push be? Will buyers here be weakened? By the looks of it - resistance still strong. For now.

So who will win?

Magix, Foxtrot whilst armwrestling... me finks.

Regards
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  • #261,352
  • Oct 20, 2010 10:55pm Oct 20, 2010 10:55pm
magix,

well... i already see this http://www.forexfactory.com/showpost...&postcount=830

but better waiting for another confirmation daily candle to see where we're going next....

anihow... i like that we can discuss in positive way for sharing and etc ...

time for

rgds,iqyu

Quoting Magix
Really don't see why we couldnt just go into free fall mode now.

Really no demand any higher on the chart....
not euphoria follower
  • #261,353
  • Oct 20, 2010 11:00pm Oct 20, 2010 11:00pm
Quoting iqyu5an
magix,

well... i already see this http://www.forexfactory.com/showpost...&postcount=830

but better waiting for another confirmation daily candle to see where we're going next....

anihow... i like that we can discuss in positive way for sharing and etc ...

time for

rgds,iqyu
lol at the last part...
thats mention you usually fighting each other...
Verily, in every difficulties there is relief
  • #261,354
  • Oct 20, 2010 11:04pm Oct 20, 2010 11:04pm
Quoting TauTrader
Good day to you,

Key number 1.5819. Look at the last 3 bars.

1) Peaking behind the door - met with buyers. Buyers pushed price back substantially.

2) Sellers blocking and move price back to the Resistance line.

3) Sellers peaking behind the door again to see what is on the other side. Buyers pushing back again. How strong will the push be? Will buyers here be weakened? By the looks of it - resistance still strong. For now.

So who will win?

Magix, Foxtrot whilst armwrestling... me finks.

Regards
vote sell FTW
Verily, in every difficulties there is relief
  • #261,355
  • Oct 20, 2010 11:20pm Oct 20, 2010 11:20pm
Quoting primzvicious
vote sell FTW
Good day to you,

Sellers do seem to be slightly more determined...

Will feel a lot better if we can get below 1.5798 as resistance ( the opening price of 2 weeks ago).

Wish you all success!

Regards
  • #261,356
  • Oct 20, 2010 11:27pm Oct 20, 2010 11:27pm
gu failed to break the trend line yesterday. More buyers should come up in euro session. News might change the whole direction
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  • #261,357
  • Oct 20, 2010 11:52pm Oct 20, 2010 11:52pm
if i can assist here, we may see another 2days of this moves before we have a break to the down side. high 1.5877 and low 1.5649, my t.p should be around 1.577. Have same entry since yesterday for both g/u n e/u.... safe trading...........
  • #261,358
  • Oct 21, 2010 12:02am Oct 21, 2010 12:02am
Quoting fendi
if i can assist here, we may see another 2days of this moves before we have a break to the down side. high 1.5877 and low 1.5649, my t.p should be around 1.577. Have same entry since yesterday for both g/u n e/u.... safe trading...........
Dunno bout that fendi...

Euro being stubborn on the fall, holding support where cable crushed right through. I see them both as having been toppy, but without some sort of support for Cable to hold onto, today was a retrace of yesterday and a chance to load the boat for deep south. Just my opinion. I have been hammering shorts throughout Asian Session and doing quite well, what will London do? Well, if they wanna move on north, they sure got their work cut out for them.

Good luck on the trades mang.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #261,359
  • Edited 12:29am Oct 21, 2010 12:10am | Edited 12:29am
GU mid term targets
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  • #261,360
  • Oct 21, 2010 12:12am Oct 21, 2010 12:12am
What i mea is don expect any break this week,it would sideways till end of ths week, trade wihin the high and low. i see us downand up later today within same prie range.

Quoting Magix
Dunno bout that fendi...

Euro being stubborn on the fall, holding support where cable crushed right through. I see them both as having been toppy, but without some sort of support for Cable to hold onto, today was a retrace of yesterday and a chance to load the boat for deep south. Just my opinion. I have been hammering shorts throughout Asian Session and doing quite well, what will London do? Well, if they wanna move on north, they sure got their work cut out for them.

Good luck on the trades mang.
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