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Cable Update (GBPUSD)

  • #270,181
  • Jan 27, 2011 12:11am Jan 27, 2011 12:11am
Quoting smilemiz
first target

(v) = 61.8% - 100.0% (i)



thanks ..dont mention it
Hi Miza, Where r u from?
  • #270,182
  • Jan 27, 2011 1:05am Jan 27, 2011 1:05am
And back above the lines again :-)
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  • #270,183
  • Jan 27, 2011 1:19am Jan 27, 2011 1:19am
I haven't chnged my view on my target, I know what i have in play and gradually it would get around there, 1.61

Quoting TauTrader
Good day to you,

Awesome trade then. Well done on that.

This is what it is all about. Different views - love it. I will be the first to congratulate you when we reach your levels - trust me. I have just developed a system that tells me otherwise. Therefor my post.

I wish you all success and hope your trade brings you good profit

Regards
  • #270,184
  • Jan 27, 2011 1:33am Jan 27, 2011 1:33am
My bias hasn't changed even the pro's have changed there views, i informed you yesterday that my bias short term within this week and part of next week is long, though long term may be short, there could be around 300-500moves, i wouldn't dare trade the speculators view in such amount of turn around entry. Many didn't see this coming, my ride continue's until 1.6107, though 1.6000 should be a resistance it wouldn't hold much as 1.6107 should be the high resistance we i call it quit....(close).... still waiting for the coming week. Enjoy your trading

Quoting TauTrader
Strategy cancelled. Will step aside. No trade taken.

Regards
  • #270,185
  • Jan 27, 2011 1:58am Jan 27, 2011 1:58am
Quoting chazzle
out of this for little lore than BE pending long 15750 tp 40 sl 20 pending short 15810 tp/sl about 100 each, see you later
stopped out of this ... but back in 15935 - fighting for the position - 78% fib of GDP move , WP and DTL not breached ....
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  • #270,186
  • Jan 27, 2011 2:03am Jan 27, 2011 2:03am
Quoting primzvicious
first short initiated... will add if it touch 1.5925

sl @1.5950
bail some short.. let some running
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Verily, in every difficulties there is relief
  • #270,187
  • Jan 27, 2011 2:18am Jan 27, 2011 2:18am
Quoting primzvicious
bail some short.. let some running


How 'bout EU n UJ ?
  • #270,188
  • Jan 27, 2011 2:23am Jan 27, 2011 2:23am
Quoting gsantri


How 'bout EU n UJ ?
im not shorting uj... eu already closed since yesterday
now only gu trade open.... maybe will enter eu soon
Verily, in every difficulties there is relief
  • #270,189
  • Jan 27, 2011 2:48am Jan 27, 2011 2:48am
Recovery off 5750 continued up to the 61.8% 6059-5750 / previous 4hr swing lo zone where it encountered supply in the early London session, the pullback Lo so far being at the DP 5979.

G/L
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ex member
  • #270,190
  • Jan 27, 2011 3:00am Jan 27, 2011 3:00am
after the 30min pinbar candle close, 1hr too closes similarly.

G/L
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ex member
  • #270,191
  • Jan 27, 2011 3:02am Jan 27, 2011 3:02am
Marc Faber's most Scandalous interview ever

Earlier, Marc Faber appeared on Bloomberg TV, in what may go down in history as his most scandalous interview ever. When asked, in advance of the SOTU address, what he thinks of the president, Faber, who appears to have had enough with all the bullshit, propaganda, and lies, replies: "I think he's done a horrible job and I think that will continue, I think he is a dishonest person, and nothing has changed... Some politicians are more honest than others. I don't think that I have a very high regard for politicians, I have a high regard for businessmen and for people who work, and not for people who abuse the system continuously. And in comparison to other politicians, I think he came in on a platform as a president that would want to change the government in Washington, and actually he's made it worse... We foreigners, we just laugh at someone like Mr. Obama. I was very critical of Mr. Bush, but at least he had one line and he stuck to that line, and at least he set out to do a thing and he was relatively straight on the thing that he did. He may have been wrong, but at least he didn't change his mind continuously, and didn't prostitute himself." If nothing else, how many other people do you know who will compare, in front of a live Bloomberg audience, the president of the formerly greatest country in the world to a whore?

As for what Faber thinks the real state of the union address should be, he says:

Video: http://www.zerohedge.com/article/mar...long-treasurys
  • #270,192
  • Jan 27, 2011 3:10am Jan 27, 2011 3:10am
Still into an uptrend Channel !




















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Put your hands in the air , Give me all your money ! !
  • #270,193
  • Jan 27, 2011 3:11am Jan 27, 2011 3:11am
Quoting primzvicious
im not shorting uj... eu already closed since yesterday
now only gu trade open.... maybe will enter eu soon
Actually long UJ.

Since cable been correlated lately, if I sell cable then usually I will also buy UJ with less lot. I only doing this when cable in a downtrend. in a condition otherwise, I do not dare to sell UJ. One thing I scared is BOJ intervene.

I don't know what was happened earlier. UCad went up for 50 pips, UCH 40 but UJ 100 pips up.

Sorry if this become off topic, just a little thing to share

Regards
  • #270,194
  • Jan 27, 2011 3:23am Jan 27, 2011 3:23am
Approaching area of previous supply leading up to current daily hi at that 61.8% 6059-5750. 76.4% 6017-5750 above that.

G/L
Attached Image
ex member
  • #270,195
  • Jan 27, 2011 3:45am Jan 27, 2011 3:45am
Quoting Ma Baker
Still into an uptrend Channel !



the CBI realised sales are out at 11am and show a hefty estimated drop fom 56 to 37, could this not be a massive fall like other day when GBP news came out??
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  • #270,196
  • Jan 27, 2011 3:56am Jan 27, 2011 3:56am
Quoting gh0stjpy
the CBI realised sales are out at 11am and show a hefty estimated drop fom 56 to 37, could this not be a massive fall like other day when GBP news came out??
possibly, but GU is sensitive to drops because of pure technicals from daily and weekly charts.. lets hope it continues
  • #270,197
  • Jan 27, 2011 4:11am Jan 27, 2011 4:11am
Quoting snatch
possibly, but GU is sensitive to drops because of pure technicals from daily and weekly charts.. lets hope it continues
Verily, in every difficulties there is relief
  • #270,198
  • Jan 27, 2011 4:13am Jan 27, 2011 4:13am
Quoting snatch
possibly, but GU is sensitive to drops because of pure technicals from daily and weekly charts.. lets hope it continues
I'm looking for it to test 1.6000 another time before going down..
  • #270,199
  • Jan 27, 2011 4:29am Jan 27, 2011 4:29am
yes i noticed that too and would make a textbook short, but since it is struggling still in fomc range, it makes good scalps both ways
  • #270,200
  • Jan 27, 2011 4:30am Jan 27, 2011 4:30am
Quoting veer2010
I'm looking for it to test 1.6000 another time before going down..
hi. are we "hoping" it will hit 1.6000 or do we have a trading system that points towards that possibility. if we do, then ''that'' could be helpful to the forum.

many thanks,
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