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Cable Update (GBPUSD)

  • #271,721
  • Feb 11, 2011 5:20am Feb 11, 2011 5:20am
Quoting khizer
(2h before)
well ppi news was actually kinda ok.

its all about the magic 1.6000 level

PhanTi
Hero calls followed by margin calls...
  • #271,722
  • Feb 11, 2011 5:21am Feb 11, 2011 5:21am
Quoting PhAnTi'
ill hold my shorts.
dont see any reason to buy here.

got my 6000 break n close.


Phanti.
  • #271,723
  • Feb 11, 2011 5:22am Feb 11, 2011 5:22am
Quoting PoundTrader
banked some and will reload shorts at 5990-6000.

Phanti
Hero calls followed by margin calls...
  • #271,724
  • Feb 11, 2011 5:25am Feb 11, 2011 5:25am
Hey Phanti i am trying to impress u n u never appriciate




Quoting PhAnTi'
well ppi news was actually kinda ok.

its all about the magic 1.6000 level

PhanTi
Trade what you see, Not what you think.
  • #271,725
  • Feb 11, 2011 5:26am Feb 11, 2011 5:26am
Quoting khizer
Hey Phanti i am trying to impress u n u never appriciate


sorry. ^^
Hero calls followed by margin calls...
  • #271,726
  • Feb 11, 2011 5:26am Feb 11, 2011 5:26am
this news was 10mins after released of PPI
http://www.bloomberg.com/news/2011-0...ce-report.html

i dare not to jump in,
of COURSE GOOD NEWS FOR WHOM do SELL today.

CRUDE OIL PRICE INCREASEs.
  • #271,727
  • Feb 11, 2011 5:26am Feb 11, 2011 5:26am
Quoting PhAnTi'
should be a good line



Phanti
Yeah it's a shame this move didn't start yesterday, made me lose a little but today seems different.
  • #271,728
  • Feb 11, 2011 5:27am Feb 11, 2011 5:27am
bullish engulfing M30....

lets c

Phanti



Attached Image (click to enlarge)
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Hero calls followed by margin calls...
  • #271,729
  • Feb 11, 2011 5:28am Feb 11, 2011 5:28am
1min led the way with the double regular bullish divergence for the pullback from that area discussed above, but where will the sellers come back in after the pullback, or will they ?

G/L
Attached Image (click to enlarge)
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ex member
  • #271,730
  • Feb 11, 2011 5:28am Feb 11, 2011 5:28am
Quoting o0freaky0o
Yeah it's a shame this move didn't start yesterday, made me lose a little but today seems different.
i lost -18 % yesterday by selling pound pairs and closed it yesterday evening.

thats part of the game. cut your losses and start next day again.
very important.

Phanti
Hero calls followed by margin calls...
  • #271,731
  • Feb 11, 2011 5:29am Feb 11, 2011 5:29am
Quoting bbmac
1min led the way with the double regular bullish divergence for the pullback from that area discussed above, but where will the sellers come back in after the pullback, or will they ?

G/L
sure they will

Phanti



5750
Hero calls followed by margin calls...
  • #271,732
  • Feb 11, 2011 5:39am Feb 11, 2011 5:39am
I don't see much of an upward move so I'm gonna reload some @ 1.5986.

good luck to all.
  • #271,733
  • Feb 11, 2011 5:39am Feb 11, 2011 5:39am


Quoting PhAnTi'
i lost -18 % yesterday by selling pound pairs and closed it yesterday evening.

thats part of the game. cut your losses and start next day again.
very important.

Phanti
Trade what you see, Not what you think.
  • #271,734
  • Feb 11, 2011 5:42am Feb 11, 2011 5:42am
Quoting o0freaky0o
I don't see much of an upward move so I'm gonna reload some @ 1.5986.

good luck to all.
dont forget to consider us trade balance later. might have some affects.

Phanti


gl, sell high.
Hero calls followed by margin calls...
  • #271,735
  • Feb 11, 2011 5:48am Feb 11, 2011 5:48am
pullback hi (so far?) reached the 23.6% of the last 1hr swing down 6069-5962 (current daily lo.)

G/L
ex member
  • #271,736
  • Feb 11, 2011 5:50am Feb 11, 2011 5:50am
AM HEADING BULISH
Attached Image (click to enlarge)
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  • #271,737
  • Feb 11, 2011 6:00am Feb 11, 2011 6:00am
Quoting PhAnTi'
...might have some affects.
Affects in what way?
  • #271,738
  • Feb 11, 2011 6:09am Feb 11, 2011 6:09am
Quoting o0freaky0o
Affects in what way?
bad for the us dollar ---> gu up....depends on exact numbers...

lets c


Phanti
Hero calls followed by margin calls...
  • #271,739
  • Feb 11, 2011 6:18am Feb 11, 2011 6:18am
Quoting PhAnTi'
bad for the us dollar ---> gu up....depends on exact numbers...

lets c


Phanti
True but I don't think it will be much of a concern, prelim UoM may be the high impact release for today in case of any surprises and it has an upward revision already.
  • #271,740
  • Feb 11, 2011 6:18am Feb 11, 2011 6:18am
Quoting bbmac
pullback hi (so far?) reached the 23.6% of the last 1hr swing down 6069-5962 (current daily lo.)

G/L
Good to see you here Mac, .20 ema being respected at 15993.
Attached Image (click to enlarge)
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All systems of divination, like music itself,work through patterns.
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