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Cable Update (GBPUSD)

  • #267,021
  • Dec 20, 2010 11:22am Dec 20, 2010 11:22am
Quoting gsantri
I'm good Kas, no problem. Thanks for your concern.

Just back from EU thread and find out that Moody's has downgraded some Irish banks. They think that causing sudden down move earlier.
And also there is Cloggie calling in people muppets lol..
Me too. only went ther cos noticed Cloggs had posted ...hhhheeeeeee....good your connection's holding............ killer combo, Cloggs n' Tau
mmmmmmmmmmmmmm? k
All systems of divination, like music itself,work through patterns.
  • #267,022
  • Dec 20, 2010 11:43am Dec 20, 2010 11:43am
Quoting TauTrader
Errmmm,

Loading heavy on EU to long to 1.3178. go big or go home.

Regards
I wouldn't bet the ranch just yet. I can see Euro re-testing the 200-SMA and trendline around 1.3030 before a significant rise.
Attached Image (click to enlarge)
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  • #267,023
  • Dec 20, 2010 11:49am Dec 20, 2010 11:49am
Quoting jack.canadia
I wouldn't bet the ranch just yet. I can see Euro re-testing the 200-SMA and trendline around 1.3030 before a significant rise.
Good day to you,

Awesome chart. Thank you. I am only betting the horse and cart. I have some spares. You now make me feel like competing in the toughest quizz show possible...

Look into my eyes!
Attached Image
  • #267,024
  • Dec 20, 2010 11:54am Dec 20, 2010 11:54am
Dont u think if e/u goes up g/u would make a move too........???
Quoting TauTrader
Errmmm,

Loading heavy on EU to long to 1.3178. go big or go home.

Regards
  • #267,025
  • Dec 20, 2010 11:58am Dec 20, 2010 11:58am
I had 1.3114 for e/u n 1.5350 for g/u. E/u has comprmised but g/u hasn't. Feel if e/u retraces then g/u might!!!!??
Quoting tautrader
good day to you,

awesome chart. Thank you. I am only betting the horse and cart. I have some spares. You now make me feel like competing in the toughest quizz show possible...

Look into my eyes!
  • #267,026
  • Dec 20, 2010 11:59am Dec 20, 2010 11:59am
Quoting fendi
Dont u think if e/u goes up g/u would make a move too........???
Good day to you,

Yip, mostly in tune.

I am however trading a setup on EU not present on GU at this time. So...


Regards
  • #267,027
  • Dec 20, 2010 12:36pm Dec 20, 2010 12:36pm
it seems go down again . cheers .
Attached Image (click to enlarge)
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A chart helps those who can read it.
  • #267,028
  • Dec 20, 2010 1:20pm Dec 20, 2010 1:20pm
Good day,

now selling Gu @ 1.5528 and 1.5526.

Regards
Attached Image (click to enlarge)
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  • #267,029
  • Dec 20, 2010 1:57pm Dec 20, 2010 1:57pm
why that region? is it because of thedaily open ??? n whats ur T.P???
Quoting TauTrader
Good day,

now selling Gu @ 1.5528 and 1.5526.

Regards
  • #267,030
  • Dec 20, 2010 2:01pm Dec 20, 2010 2:01pm
Quoting fendi
why that region? is it because of thedaily open ??? n whats ur T.P???
Good day,

Selling because of my MA hybrid telling me to, also rejection of the Thursday low..

Regards
  • #267,031
  • Dec 20, 2010 3:19pm Dec 20, 2010 3:19pm
Quoting TauTrader
Errmmm,

Loading heavy on EU to long to 1.3178. go big or go home.

Regards
Hello,
I studyend you post history and respect.
Can i just ask what made you buy heavily at this point?

regards
  • #267,032
  • Dec 20, 2010 3:23pm Dec 20, 2010 3:23pm
Looking at daily and weekly where is the gbp jpy going for?

Bybye
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpjpy w1.jpg Size: 137 KB
90% of traders use TA, indicators and prediction
  • #267,033
  • Dec 20, 2010 3:38pm Dec 20, 2010 3:38pm
Quoting _BBKing_
Looking at daily and weekly where is the gbp jpy going for?

Bybye
weekly gu I am in a sell for a while now looking for 1.5000. all rallies being sold since last week on a 4hr
Blogging daily now at www.volume.zone
  • #267,034
  • Dec 20, 2010 3:45pm Dec 20, 2010 3:45pm
Quoting malcolmb14
weekly gu I am in a sell for a while now looking for 1.5000. all rallies being sold since last week on a 4hr
More like "Weak"ly, as in no volume no movement.

Leave this shit alone until the new year Mal...cripes man, you know better than that....

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #267,035
  • Dec 20, 2010 4:07pm Dec 20, 2010 4:07pm
Quoting malcolmb14
weekly gu I am in a sell for a while now looking for 1.5000. all rallies being sold since last week on a 4hr
sorry,
mine is a GBP JPY chart.

i thought to put it here in gbpusd forum.
hope not to confuse

bye
90% of traders use TA, indicators and prediction
  • #267,036
  • Dec 20, 2010 5:32pm Dec 20, 2010 5:32pm
Quoting malcolmb14
weekly gu I am in a sell for a while now looking for 1.5000. all rallies being sold since last week on a 4hr
I agree with you on the shorts. 5000 may be a little high... we may drop a little lower than that. I woulddn't be surprised to see the 3300 to 3500 mark one more time..
  • #267,037
  • Dec 20, 2010 11:16pm Dec 20, 2010 11:16pm
Seasons Greeting JRoyal.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #267,038
  • Dec 21, 2010 12:51am Dec 21, 2010 12:51am
Hi Tau, how ya doin? Long time no "speak" - I'm long Cable, coz it follows EU. Have a great festive season
May the forex be with you |
  • #267,039
  • Dec 21, 2010 2:19am Dec 21, 2010 2:19am
Despite yesterday’s retreat from 1.5577, as the British pound has rebounded after holding above yesterday’s low at 1.5478, suggesting further consolidation above last week’s low at 1.5454 would take place and another bounce to 1.5577 is likely, above would bring retracement to 1.5600, however, renewed selling interest would emerge around 1.5647 and bring another selloff later.

1- Buy near 1.5490 stop 1.5460 targets 1.5530 and 1.5570

2- Sell near 1.5631 stop 1.5660 targets 1.5580 and 1.5530
Attached Image
  • #267,040
  • Dec 21, 2010 2:53am Dec 21, 2010 2:53am
Quoting FXFundi
Hi Tau, how ya doin? Long time no "speak" - I'm long Cable, coz it follows EU. Have a great festive season
Good day to you,

Apology. Was out. I'm doing well, thanks. Think we will test 1.5528 first. Could be wrong. May even head back to 1.5500/02. Wish you a great festive season too.

regards
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