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Cable Update (GBPUSD)

  • #274,741
  • Mar 25, 2011 7:17am Mar 25, 2011 7:17am
Quoting redbeben
I still stick to the 1.6045-50 level to be touched I am afraid

lower than this I cannot guarantee anything
I'm seeing similar, Redbe. Support at 16061... a break below that the RTL
would be tested at around 16025/30.
Attached Image
All systems of divination, like music itself,work through patterns.
  • #274,742
  • Edited 7:47am Mar 25, 2011 7:17am | Edited 7:47am
if red line get crossed, long may have a case otherwise id raher be on the bus going south

edit she's coming

i dont listen to news buy this was just released...

http://www.forexfactory.com/news.php?do=news&id=285920
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  • #274,743
  • Mar 25, 2011 7:55am Mar 25, 2011 7:55am
Quoting nAVIN2007
if red line get crossed, long may have a case otherwise id raher be on the bus going south

edit she's coming

i dont listen to news buy this was just released...

http://www.forexfactory.com/news.php?do=news&id=285920

hi
i was noticin same thing.
there is another one on the bottom
that is the daily one
was resitance in some daily peaks

will breake soon in one way or the other.

sincerely i expect some retrace from this down coming from 6400
but who knows?! retrace can start lower.....
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90% of traders use TA, indicators and prediction
  • #274,744
  • Mar 25, 2011 8:55am Mar 25, 2011 8:55am


and I expect a biiig boom in 1 hour and 6 minutes as first one and another one in 2 hours and 6 minutes.

this silence is killing me

I'll go back to sleep now
  • #274,745
  • Mar 25, 2011 8:56am Mar 25, 2011 8:56am
p.s. how should I know which way the boom will be ?
  • #274,746
  • Mar 25, 2011 9:11am Mar 25, 2011 9:11am
Quoting redbeben


and I expect a biiig boom in 1 hour and 6 minutes as first one and another one in 2 hours and 6 minutes.

this silence is killing me

I'll go back to sleep now
im guessing most in here are long..following a trend and buy at discount?? hence the silience?

edit:- oops she broke wind..
  • #274,747
  • Mar 25, 2011 9:14am Mar 25, 2011 9:14am
Quoting nAVIN2007
im guessing most in here are long..following a trend and buy at discount?? hence the silience?

edit:- oops she broke wind..
we still did not hit the 1.604X line so I'm still in my shorts )
  • #274,748
  • Mar 25, 2011 9:14am Mar 25, 2011 9:14am
Quoting _BBKing_
hi
i was noticin same thing.
there is another one on the bottom
that is the daily one
was resitance in some daily peaks

will breake soon in one way or the other.

sincerely i expect some retrace from this down coming from 6400
but who knows?! retrace can start lower.....
its all about candle formation at this point..no time for retrace
that will come next week
  • #274,749
  • Mar 25, 2011 9:17am Mar 25, 2011 9:17am
Good day to you,

Loading longs in this area ( 1.6050 - 1.6040) as I expect a move higher to 1.6120 from here. Just following my trade plan. No emotion.

Have a good week-end and see you all next week

Regards
  • #274,750
  • Mar 25, 2011 9:20am Mar 25, 2011 9:20am
Quoting TauTrader
Good day to you,

Loading longs in this area ( 1.6050 - 1.6040) as I expect a move higher to 1.6120 from here. Just following my trade plan. No emotion.

Have a good week-end and see you all next week

Regards
yo buddy ..u have a barbie today..damn the whether here in UK is good..bit like S.A

good to see u still around..always a good thing
  • #274,751
  • Mar 25, 2011 9:21am Mar 25, 2011 9:21am
let me make a calculation here

I want 1.6045 which means real value on the chart 1.6039....I guess this will be the limit or even 1.6034 on the charts.

I have to do this conversion as I use charts from one broker....deals placed on another ) hence my ultraconservative trading style )


it's curious how greedy I am
I set the first TP if you remember at 1.6170 and a second one at 1.6060

second one touched but I still want the bottom....I might be spanked here but I don't care....I still have the GJ shorts to go sooner or later to 128.50

and on this one I already have some 200 pips so far
  • #274,752
  • Mar 25, 2011 9:29am Mar 25, 2011 9:29am
Quoting nAVIN2007
yo buddy ..u have a barbie today..damn the whether here in UK is good..bit like S.A

good to see u still around..always a good thing
Good day to you, Mr.N

But of course - I am about to lite the fire. Have some nice lamb chops and steaks to BBQ. South Africa is playing New Zealand in the cricket world cup qtr finals - so I am rooting for them. Just hope they do not choke again....

Some 80's music to follow the game...

NOW - if the lady would like to go my way over the next couple of hours - I will be pleased.

Thank you for asking. It is appreciated.

All the best to you, my friend

Regards
  • #274,753
  • Mar 25, 2011 9:40am Mar 25, 2011 9:40am
Quoting redbeben
let me make a calculation here

I want 1.6045 which means real value on the chart 1.6039....I guess this will be the limit or even 1.6034 on the charts.

I have to do this conversion as I use charts from one broker....deals placed on another ) hence my ultraconservative trading style )


it's curious how greedy I am
I set the first TP if you remember at 1.6170 and a second one at 1.6060

second one touched but I still want the bottom....I might be spanked here but I don't care....I still have the GJ shorts to go sooner or later to...
Good day to you,

Do not know you - but pips like that needs acknowledgement..

Well done

all the best

Regards
  • #274,754
  • Mar 25, 2011 9:46am Mar 25, 2011 9:46am
Quoting TauTrader
Good day to you,

Do not know you - but pips like that needs acknowledgement..

Well done

all the best

Regards
Well thank you for the kind words

I'm trying my best to apply all that I picked up from FF and I try to give back as much as I can.
  • #274,755
  • Mar 25, 2011 9:55am Mar 25, 2011 9:55am
Quoting chazzle
Have taken profit on 1/2 the position at the MP 16120 SL moved to BE , now to attack WP and DP and targeting 16175 on the rest - where we had a bit of consolidation yesterday and just shy of the M15 200EMA
SL indeed , see you later damn bears enjoy your weekend all
  • #274,756
  • Mar 25, 2011 10:08am Mar 25, 2011 10:08am
Quoting TauTrader
Good day to you,

Loading longs in this area ( 1.6050 - 1.6040) as I expect a move higher to 1.6120 from here. Just following my trade plan. No emotion.

Have a good week-end and see you all next week

Regards
Good day,

Perfect. Banking +70 from 4 buy positions as we move slightly higher from extreme low for the period. Not gonna wait - bank'em.

Killer result...

Now BBQ..

See you next week.

Regards and trade well
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  • #274,757
  • Mar 25, 2011 10:33am Mar 25, 2011 10:33am
Quoting TauTrader
Good day,

Perfect. Banking +70 from 4 buy positions as we move slightly higher from extreme low for the period. Not gonna wait - bank'em.

Killer result...

Now BBQ..

See you next week.

Regards and trade well

Good man!! ..
  • #274,758
  • Mar 25, 2011 10:44am Mar 25, 2011 10:44am
Quoting nAVIN2007
Good man!! ..
Good day to you, Mr.N

Thanks. My team is not doing too well..

Off topic - I think we have a great opportunity on AU for short. Entered on the extreme and hoping for a move lower. Following my rule.

AU pays terrible.. But pips are pips. Will leave this one open to carry me into next week. Now I am going to chill.

All the best with your GU shorts.

Regards
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  • #274,759
  • Mar 25, 2011 10:49am Mar 25, 2011 10:49am
Quoting TauTrader
Good day to you, Mr.N

Thanks. My team is not doing too well..

Off topic - I think we have a great opportunity on AU for short. Entered on the extreme and hoping for a move lower. Following my rule.

AU pays terrible.. But pips are pips. Will leave this one open to carry me into next week. Now I am going to chill.

All the best with your GU shorts.

Regards
it does look good..bearish div but for me its looks extremely bullish..i will wait for a signal on 4hr then im jumping on it!!..

thanks bro!
  • #274,760
  • Mar 25, 2011 11:03am Mar 25, 2011 11:03am
Quoting nAVIN2007
it does look good..bearish div but for me its looks extremely bullish..i will wait for a signal on 4hr then im jumping on it!!..

thanks bro!
Good day to you, Mr.N

That is exactly why I am selling this martherfarger.

My signal is in place for a little short. We have broken a very important level earlier - we have to come back to clear.( I think)

So- guns now blazing. 4 positions short with a little 20 pip target on each of them.

Will see

Regards
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