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Cable Update (GBPUSD)

  • #282,141
  • Jun 22, 2011 6:40pm Jun 22, 2011 6:40pm
what i see in 4hr (25-30mar) low 5951 - upper 6132 ok or not
  • #282,142
  • Jun 22, 2011 6:43pm Jun 22, 2011 6:43pm
6044 a very important level... see a close on the daily and im riding this thing down
  • #282,143
  • Jun 22, 2011 7:14pm Jun 22, 2011 7:14pm
Quoting ZeroCool
Hamad Cable may retrace to 1.6138 ... but not sure cable have 1.6022 as a target so take care
Lets see, not really sure and i knw i entered bit earlier i should have entered later like right now 1.6038 is awesome entry for long but anyhow it happens in trading and that's how we learn.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp usd.PNG Size: 66 KB
Click to Enlarge Name: gbp usd 2.PNG Size: 77 KB
  • #282,144
  • Jun 22, 2011 7:20pm Jun 22, 2011 7:20pm
bad weeks for me , news hump me down sob
Just Newbie Need Guidance From The Expert
  • #282,145
  • Edited 8:34pm Jun 22, 2011 7:54pm | Edited 8:34pm
I would like to see a pull back to 1.609 or higher please.
  • #282,146
  • Jun 22, 2011 9:34pm Jun 22, 2011 9:34pm
Good Morning cable hit the target i said

Quoting ZeroCool
still we targeting 1.6026
  • #282,147
  • Jun 22, 2011 10:37pm Jun 22, 2011 10:37pm
Quoting ZeroCool
Good Morning cable hit the target i said
Congratulations.
Can you tell me why CABLE is plunged???????
What system do you use for analysing this Bloddy GBP?
Will there be a retacement????
  • #282,148
  • Jun 22, 2011 11:07pm Jun 22, 2011 11:07pm
Quoting PoundTrader
down to 1.5800
hello
i agree
i think also more down

lets see for a while if gets a backtest near 6110 (should get)

then is 5950-60 big rejection expected (me)
then more down
90% of traders use TA, indicators and prediction
  • #282,149
  • Jun 22, 2011 11:12pm Jun 22, 2011 11:12pm
Hi Boys and Girls,

I have some open long and short positions in GU..My long positions are 1.6250 and 1.6200.While my short positions are 1.6195, 1.6156 and 1.6126.What should II do?? Will GU again go up to 1.6200 or not?? My current pending losses of long positions are bigger than the profits of my short positions..Should I close my all positions in losses or wait for the retarcement of market?? Is there any expectation for the retacement??
  • #282,150
  • Jun 22, 2011 11:16pm Jun 22, 2011 11:16pm
ok
price penetrated the demand area range 6080-5930

i dont expect a straight move below it
6000 n 5950 should give protection.

anyway, at least until now, there is no significant pullback.

ema200 in daily chart is 6045-50
if we move up we find now 6080-6110-6150-6180 as lines where price will search for supply.

below i have 5990-5950 as strong levels.
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh4.jpg Size: 218 KB
90% of traders use TA, indicators and prediction
  • #282,151
  • Edited 11:24pm Jun 22, 2011 11:21pm | Edited 11:24pm
it could retrace to 1.6160 ... but if you going to long ... keep in your mind that if 1.5983 broke it will fall badly ... and it must be up 1.6064 to continue to 1.6160

Quoting at2au
Congratulations.
Can you tell me why CABLE is plunged???????
What system do you use for analysing this Bloddy GBP?
Will there be a retacement????
  • #282,152
  • Jun 22, 2011 11:26pm Jun 22, 2011 11:26pm
this is what i see today in daily n weekly chart
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gusdd1.gif Size: 105 KB
Click to Enlarge Name: gusdw1.gif Size: 10 KB
90% of traders use TA, indicators and prediction
  • #282,153
  • Jun 22, 2011 11:30pm Jun 22, 2011 11:30pm
Quoting at2au
Congratulations.
Can you tell me why CABLE is plunged???????
What system do you use for analysing this Bloddy GBP?
Will there be a retacement????

gbp is down since days n days because of bad economic data all last weeks.
then yesterday a stronger dollar give another push in the bottom.

about retracement we need first to see price closings above 6050 now.
90% of traders use TA, indicators and prediction
  • #282,154
  • Jun 22, 2011 11:31pm Jun 22, 2011 11:31pm
Quoting ZeroCool
it could retrace to 1.6160 ... but if you going to long ... keep in your mind that if 1.5983 broke it will fall badly ... and it must be up 1.6064 to continue to 1.6160
hello!
i agree on levels
lets see next moves today
90% of traders use TA, indicators and prediction
  • #282,155
  • Jun 22, 2011 11:35pm Jun 22, 2011 11:35pm
i would post again this chart.
just to remember what can happen.
macd very near to loose its trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: gusdd1.jpg Size: 210 KB
90% of traders use TA, indicators and prediction
  • #282,156
  • Jun 22, 2011 11:37pm Jun 22, 2011 11:37pm
Hello

My last trading days with GU wasn't good.

BBKing, when do you think will be time to go long again?
  • #282,157
  • Jun 22, 2011 11:45pm Jun 22, 2011 11:45pm
Quoting josef
Hello

My last trading days with GU wasn't good.

BBKing, when do you think will be time to go long again?

im waitin if gets above 6050 line (85.4% fibo 6260-6015)
sincerely i dont like this pattern to think about a long.....

but lets see
90% of traders use TA, indicators and prediction
  • #282,158
  • Jun 22, 2011 11:47pm Jun 22, 2011 11:47pm
For all the bulls here, you better pray that price will end up back in the channel as marked on chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd daily.gif Size: 161 KB


Looking forward I just can't see cable to be that much superior over the US$, so lets see how strong cable will be supported.

Cheers
  • #282,159
  • Jun 23, 2011 12:03am Jun 23, 2011 12:03am
i did few minutes ago what i have been unable to do since huge time....
i picked a short on gold.
90% of traders use TA, indicators and prediction
  • #282,160
  • Jun 23, 2011 12:04am Jun 23, 2011 12:04am
Wait..
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