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Cable Update (GBPUSD)

  • #262,621
  • Nov 1, 2010 10:58am Nov 1, 2010 10:58am
Quoting cloggie
I will cover once I see 6029 playing out, I got in nice and early.
roger that. all the minute bars I have hadn't closed cleanly yet tho, but it's threatening to. hope you got your quickie gloves on brother, could be a 10 wasted
Thank You
  • #262,622
  • Nov 1, 2010 10:59am Nov 1, 2010 10:59am
Quoting cloggie
Bah humbug, covered.
nice trading cloggs
Thank You
  • #262,623
  • Nov 1, 2010 11:00am Nov 1, 2010 11:00am
Quoting wormboy
nice trading cloggs
Ta, 6044 will set the way to 6067
  • #262,624
  • Nov 1, 2010 11:00am Nov 1, 2010 11:00am
lol, you do not want to be shorting this H1 close.
Thank You
  • #262,625
  • Nov 1, 2010 11:02am Nov 1, 2010 11:02am
Quoting wormboy
lol, you do not want to be shorting this H1 close.

Cable is getting some strength uncorrelated to fibre, it is running under its own steam, a break of 3885 on fibre will only give it more impetus.
  • #262,626
  • Nov 1, 2010 11:03am Nov 1, 2010 11:03am
Not a very good prediction....not bad for my first though i guess


Quoting darrenware
My Newbie Prediction for Sunday/Monday

Sunday through to LO will see cable move up to 1.6100....why?? all TF's are bullish and we had nice momentum on friday up to close and USDX Daily is bullish.

Cable will then retrace from 1.6100 down to Sundays OPEN....why?? Good Supply zone from January 2010 and Large rejection on 15th October

Lets see how this goes

The Pro's are welcome to tell me i am talking out my arse if they wish
Enter Signature
  • #262,627
  • Nov 1, 2010 11:04am Nov 1, 2010 11:04am
Its the euro zone that adjusted back now, the US will change by next sunday November

Quoting bigwal
Just been advised US clocks dont change for another week, is this true ?
  • #262,628
  • Nov 1, 2010 11:04am Nov 1, 2010 11:04am
Quoting cloggie
Ta, 6044 will set the way to 6067
orite, I have 6047 to clear and 6058
Thank You
  • #262,629
  • Nov 1, 2010 11:05am Nov 1, 2010 11:05am
Quoting wormboy
orite, I have 6047 to clear and 6058

I got a minor at 6052/6059, majors are 6044 for 6067. All dependent on 3885 on fibre.
  • #262,630
  • Nov 1, 2010 11:05am Nov 1, 2010 11:05am
Quoting zapper
Targeting 1.6050 for a short term...
S/L at BE, T/P shifted to 1.6055
  • #262,631
  • Nov 1, 2010 11:06am Nov 1, 2010 11:06am
1min led the way on that, confluence of the ascending 1hr trend line with the 38.2% of that 5876-6088 move...nice 5min pinbars and a 15min doji too. Nice 1hr pinbar close now but hitting the previous swing lo zone on the same t/f...goot get through that for the bulls to take charge again ??

G/L

See u tomorrow.
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  • #262,632
  • Nov 1, 2010 11:09am Nov 1, 2010 11:09am
wormboy, cloggie

thankīs a lot for comparing your levels again,
thatīs always good guidance and reference to my own ta,
you guys are really helpful
  • #262,633
  • Nov 1, 2010 11:09am Nov 1, 2010 11:09am
Quoting cloggie
majors are 6044 for 6067. All dependent on 3885 on fibre.

6044 and 3885 are holding. I love these consolidation phases intraday. They are so clearly identifiable on the charts.
  • #262,634
  • Nov 1, 2010 11:10am Nov 1, 2010 11:10am
Quoting dag777
wormboy, cloggie

thankīs a lot for comparing your levels again,
thatīs always good guidance and reference to my own ta,
you guys are really helpful

Nah, we are talking rubbish, cut us up into little pieces.
  • #262,635
  • Nov 1, 2010 11:11am Nov 1, 2010 11:11am
Quoting cloggie
I got a minor at 6052/6059, majors are 6044 for 6067. All dependent on 3885 on fibre.
got it.
Want it to dip once @29 to get in. Still flat atm,.
Thank You
  • #262,636
  • Nov 1, 2010 11:12am Nov 1, 2010 11:12am
Quoting wormboy
got it.
Want it to dip once @29 to get in. Still flat atm,.

I am flat too, want 6044 to go with some momentum first, looking at a dip to 6021/6029.

3885 has to give on fibre though, and 3862 has to hold.

Loving these correlated consolidations. Cable had a go on its own and failed. Now totally dependent on the Dollar again. Lets see if the LC gives us some profittaking in the next 10 mins or so and give us the impetus to break 6044, if not we are looking at our earlier targets from an hour ago again.

The next M15 over 6037 will definitely be nice for 6067
  • #262,637
  • Nov 1, 2010 11:14am Nov 1, 2010 11:14am
Quoting dag777
wormboy, cloggie
cheers mate. hope you nailed it
Thank You
  • #262,638
  • Nov 1, 2010 11:15am Nov 1, 2010 11:15am
t'har she blows.
  • #262,639
  • Nov 1, 2010 11:16am Nov 1, 2010 11:16am
Quoting cloggie
Nah, we are talking rubbish, cut us up into little pieces.

muhahhahha
chonchy has watched to much Itchy & Scratchy me thinks
  • #262,640
  • Nov 1, 2010 11:21am Nov 1, 2010 11:21am
Quoting AdrianHNV
eww a tell-tail-tit..........

Yes I got the times mixed up a little not that it has made any difference to my trading, which I suspect is still far better than yours
1. It's a tell-tale tit, i.e. someone who tells tales
2. You didn't just get the times mixed up a little, you made a complete James Blunt* of yourself
3. Your trading exists only in your own mind


Steve

* Leith Rhyming Slang
The dream will never die
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