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Cable Update (GBPUSD)

  • #278,401
  • May 5, 2011 7:42am May 5, 2011 7:42am
Once the Train Ticket Box Doors Open at 6450 we'd say Bye to 6500, we'll see
  • #278,402
  • May 5, 2011 7:43am May 5, 2011 7:43am
hey RedB....so 1.638 coming this week?

wish I would hold that 1.485 EUR short longer.... closed too soon
  • #278,403
  • May 5, 2011 7:51am May 5, 2011 7:51am
Quoting emene
How about now ?
same view myfriend same view...nothing to do about this indicator.
H1 vanished and H4 is waaaaaay to long

not reliable
  • #278,404
  • May 5, 2011 7:53am May 5, 2011 7:53am
Quoting sphinx8
hey RedB....so 1.638 coming this week?

wish I would hold that 1.485 EUR short longer.... closed too soon
if we go under 1.6447 we see pretty fast 1.6380

but,look at GJ
we might close under 131.34 then we go boooommmmmmmmmmmmmm ...on the down side
  • #278,405
  • May 5, 2011 8:04am May 5, 2011 8:04am
Quoting redbeben
if we go under 1.6447 we see pretty fast 1.6380

but,look at GJ
we might close under 131.34 then we go boooommmmmmmmmmmmmm ...on the down side
1.6390 as daily TL
  • #278,406
  • May 5, 2011 8:05am May 5, 2011 8:05am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Here it goes, both eu and gu revenge of the dollar...

ta
ams

Quoting ams
Market is in sell mode and to be honest commodities were going mental. As QE2 is coming to an end. so is free money. We will move more on basis of economic outlook (or normal) instead of just play blind and sell the dollar tactic! It'll be tricky to trade now just no more up trend anymore :-)

So tomorrow's nfp is a key now. If it's bad then dollar will rise sharply, bad data no qe is a bad signal. Good data no qe is ok but still dollar will rise. Either ways it's dollars turn to take the revenge

ta
ams
  • #278,407
  • May 5, 2011 8:06am May 5, 2011 8:06am
so one should start thinking about good entry point for long ?after the news tomorrow maybe?
  • #278,408
  • May 5, 2011 8:07am May 5, 2011 8:07am
Quoting sphinx8
so one should start thinking about good entry point for long ?after the news tomorrow maybe?

Long>? price is on free fall
  • #278,409
  • May 5, 2011 8:10am May 5, 2011 8:10am
Quoting bonus76
Long>? price is on free fall
that is why I said just to think about it....

free fall? naah, it is not gonna fall forever is it?
  • #278,410
  • May 5, 2011 8:16am May 5, 2011 8:16am
Quoting sphinx8
so one should start thinking about good entry point for long ?after the news tomorrow maybe?
1.6180 a good entry point
price should be contained by 1.60
  • #278,411
  • May 5, 2011 8:21am May 5, 2011 8:21am
Quoting redbeben
1.6180 a good entry point
price should be contained by 1.60

i strongly agree with it
  • #278,412
  • May 5, 2011 8:24am May 5, 2011 8:24am
and as phanti use to say shampoo it is ?
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  • #278,413
  • May 5, 2011 8:24am May 5, 2011 8:24am
Did you notice the massive voume around 1.645 level? There was amassive clash between bulls and bears. In my opinon bulls won for now.
  • #278,414
  • May 5, 2011 8:27am May 5, 2011 8:27am
kind of lost my boundaries for the today intraday now.....
  • #278,415
  • May 5, 2011 8:28am May 5, 2011 8:28am
Price fall breeching ascending 4hr channel/trend line and now testing deep inside the previous 1hr/4hr/daily swing lo zone (also top of a previous 4hr/daily swing hi zone)...38.2% of the 6165-6746 and Daily S1 pivots remain lower in the swing lo zone that extends to 6130...

G/L
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ex member
  • #278,416
  • May 5, 2011 8:39am May 5, 2011 8:39am
Can someone please help the bears pushing? I need discount!
  • #278,417
  • May 5, 2011 8:45am May 5, 2011 8:45am
Quoting TauTrader
Can someone please help the bears pushing? I need discount!
want me to use again the magic jar of pesetas ? it's right in front of me
  • #278,418
  • May 5, 2011 8:48am May 5, 2011 8:48am
Trend has changed 4 me henceforth........ The news has ended the long move 4 me
  • #278,419
  • May 5, 2011 8:52am May 5, 2011 8:52am
Quoting redbeben
want me to use again the magic jar of pesetas ? it's right in front of me
go on, want 1.638 by midnight so I can go to sleep with most of my crappy shorts closed in profit and start a new day )

except of 1 shitty mistake auto long at 1.66 levels will be waiting there for monts now
  • #278,420
  • May 5, 2011 8:55am May 5, 2011 8:55am
Quoting redbeben
want me to use again the magic jar of pesetas ? it's right in front of me


Please do! Just keep on feeding the pasetas until I ask you to stop...

Regards
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