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Cable Update (GBPUSD)

  • #271,141
  • Feb 7, 2011 8:32am Feb 7, 2011 8:32am
Quoting chazzle
Trying a long here
took 20 and ran ... volatility making me
  • #271,142
  • Feb 7, 2011 8:36am Feb 7, 2011 8:36am
Quoting chazzle
took 20 and ran ... volatility making me
Good thing you got 20 clean pips from that. It certainly was VERY risky.
  • #271,143
  • Feb 7, 2011 8:53am Feb 7, 2011 8:53am
Quoting forexcompoun
Good thing you got 20 clean pips from that. It certainly was VERY risky.
Well , saw a couple of things really , stochs oversold/double bottom on M15 and a bit of bullish div. - something I've been looking at recently and possibility of uptrend unfolding on longer TFs - plus this inverse H&S holding steady

It was the volatility itself which made me bail - creates more uncertainty (well for me anyway)
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  • #271,144
  • Feb 7, 2011 10:09am Feb 7, 2011 10:09am
Tried hard retrace but failed first hand may do at lows also . daily bear hammer & reversal at least temporary but enough for many hundreds pips .short on the way .difficult trading this pair as usually not doing .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #271,145
  • Feb 7, 2011 10:28am Feb 7, 2011 10:28am

'25% chance of a rate rise this week'



Read more: http://www.thisismoney.co.uk/news/ar...#ixzz1DIbWdIss

  • #271,146
  • Feb 7, 2011 11:30am Feb 7, 2011 11:30am
Quoting winsome

'25% chance of a rate rise this week'



Read more: http://www.thisismoney.co.uk/news/ar...#ixzz1DIbWdIss

It's about time some nation did the proper thing.
  • #271,147
  • Feb 7, 2011 1:10pm Feb 7, 2011 1:10pm
Quoting winsome

'25% chance of a rate rise this week'



Read more: http://www.thisismoney.co.uk/news/ar...#ixzz1DIbWdIss

hi there,

there is a word ''ignorance is blessing'' but in this case I don't feel that much blessed

frankly I don't understand what this hike thing is..I read the article but I still don't fit it into my picture.

can anybody explain if it will go up or down ?
pliiiizzzzzzzzz
  • #271,148
  • Feb 7, 2011 1:11pm Feb 7, 2011 1:11pm
Quoting redbeben
hi there,

there is a word ''ignorance is blessing'' but in this case I don't feel that much blessed

frankly I don't understand what this hike thing is..I read the article but I still don't fit it into my picture.

can anybody explain if it will go up or down ?
pliiiizzzzzzzzz
neither nor.
Hero calls followed by margin calls...
  • #271,149
  • Feb 7, 2011 1:13pm Feb 7, 2011 1:13pm
Quoting redbeben
hi there,

there is a word ''ignorance is blessing'' but in this case I don't feel that much blessed

frankly I don't understand what this hike thing is..I read the article but I still don't fit it into my picture.

can anybody explain if it will go up or down ?
pliiiizzzzzzzzz
anyway thats all speculation, sure we will see a 150-200 pip rally on cable and probably other gbp pairs on thursday.

its 10%/90 %.

ph.
Hero calls followed by margin calls...
  • #271,150
  • Feb 7, 2011 1:20pm Feb 7, 2011 1:20pm
Quoting redbeben
hi there,

there is a word ''ignorance is blessing'' but in this case I don't feel that much blessed

frankly I don't understand what this hike thing is..I read the article but I still don't fit it into my picture.

can anybody explain if it will go up or down ?
pliiiizzzzzzzzz
It's gonna go up to $2 by friday
  • #271,151
  • Feb 7, 2011 1:24pm Feb 7, 2011 1:24pm
Quoting chazzle
It's gonna go up to $2 by friday
what do u mean with ur 2 $ thing again? : p
Hero calls followed by margin calls...
  • #271,152
  • Feb 7, 2011 4:54pm Feb 7, 2011 4:54pm
Quoting PhAnTi'
what do u mean with ur 2 $ thing again? : p
Inflation.
before it was 2 cents now 2 $
  • #271,153
  • Feb 7, 2011 5:42pm Feb 7, 2011 5:42pm
I would prefer short scalp today
.
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  • #271,154
  • Feb 7, 2011 7:41pm Feb 7, 2011 7:41pm
daily has bounced off the 23.6 fib in that zone

Attached Image
  • #271,155
  • Feb 7, 2011 8:48pm Feb 7, 2011 8:48pm
Quoting Cobby
daily has bounced off the 23.6 fib in that zone

Attachment
Instinct and indicators say 'go long' !

But since I am wrong 98% of the time, It's time to go short !

Unless I'm wrong no matter what I chose.
  • #271,156
  • Feb 7, 2011 9:17pm Feb 7, 2011 9:17pm
Quoting gsantri
I would prefer short scalp today
.
hm nice upmove..

cud be pullback. cud be a good entry. cud be wrong..
  • #271,157
  • Edited 10:51pm Feb 7, 2011 9:53pm | Edited 10:51pm
Use your imagination as to how far.

Dr. D.
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  • #271,158
  • Feb 7, 2011 9:54pm Feb 7, 2011 9:54pm
Quoting FerociousHit
Instinct and indicators say 'go long' !

But since I am wrong 98% of the time, It's time to go short !

Unless I'm wrong no matter what I chose.

is that another reason for everyone else to go long?...
  • #271,159
  • Feb 7, 2011 10:14pm Feb 7, 2011 10:14pm
http://kiprushov.files.wordpress.com...02/image15.png
  • #271,160
  • Feb 7, 2011 10:15pm Feb 7, 2011 10:15pm
Quoting tengkorak
I am long from .6135 based on the following:

1. After being rejected 3 times since summer 2009, price have finally break above the trendline. Would be a waste just to break it and then go all the way down.

...
I am still holding onto my long, price have close above the trendline in H1 but expecting price to retest today's pivot at 6127 first before going further up.

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