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Cable Update (GBPUSD)

  • #289,261
  • Sep 21, 2011 3:38pm Sep 21, 2011 3:38pm
Quoting Fudomyo
lol... I don't have time to make stuff like that. found it on the web.
Brilliance! He is a bit of a santa clause really, or a clown? Nah, he's not THAT bad, but I don't agree with everything he does.

Look at that, 1.5495
Probability Professor
  • #289,262
  • Sep 21, 2011 3:38pm Sep 21, 2011 3:38pm
hihihiih
Attached Image
90% of traders use TA, indicators and prediction
  • #289,263
  • Sep 21, 2011 3:38pm Sep 21, 2011 3:38pm
Quoting Galation
Brilliance! He is a bit of a santa clause really, or a clown? Nah, he's not THAT bad, but I don't agree with everything he does.

Look at that, 1.5495
nice!

I don't agree with his policies, but I can't really say anything bad about him today. not after that move.
  • #289,264
  • Sep 21, 2011 3:39pm Sep 21, 2011 3:39pm
Quoting _BBKing_
eyes on gj...
i closed manualy my trade.
its trying the 'crash like a stone' mode
That's (GJ) at the all time low to the pip according to my chart on the monthly.
Probability Professor
  • #289,265
  • Sep 21, 2011 3:40pm Sep 21, 2011 3:40pm
Quoting _BBKing_
hihihiih
This is almost treason! They'd lock you up in the tower of London for that
Probability Professor
  • #289,266
  • Sep 21, 2011 3:42pm Sep 21, 2011 3:42pm
Quoting Galation
This is almost treason! They'd lock you up in the tower of London for that
uh!
i hope not... i found it on google images
90% of traders use TA, indicators and prediction
  • #289,267
  • Sep 21, 2011 3:52pm Sep 21, 2011 3:52pm
time for me to sleep.
good luck you all
90% of traders use TA, indicators and prediction
  • #289,268
  • Sep 21, 2011 3:56pm Sep 21, 2011 3:56pm
Quoting _BBKing_
time for me to sleep.
good luck you all
Good night mate, have a good sleep.

The gates have opened on the GJ.
Probability Professor
  • #289,269
  • Sep 21, 2011 3:56pm Sep 21, 2011 3:56pm
out at 5488. is 6am here, time to call it a day too.

good luck with your trades
  • #289,270
  • Sep 21, 2011 3:57pm Sep 21, 2011 3:57pm
I see 1.5405 and 1.5343 as the next stop on this bus.
Daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: cable daily.gif Size: 32 KB
  • #289,271
  • Sep 21, 2011 4:01pm Sep 21, 2011 4:01pm
Quoting Fudomyo
out at 5488. is 6am here, time to call it a day too.

good luck with your trades
Fudomyo, you are a machine my friend. Go get a well deserved sleep and good tidings in your trades!

p.s. Tell the BOJ to stop being so powerful, you're owning the world!!
Probability Professor
  • #289,272
  • Sep 21, 2011 4:01pm Sep 21, 2011 4:01pm
I had to zoom way out in order to be able to see those horizontal trendline targets here.
Attached Image (click to enlarge)
Click to Enlarge Name: cable daily 2.gif Size: 36 KB
  • #289,273
  • Sep 21, 2011 4:10pm Sep 21, 2011 4:10pm
1.533 looks like a good area.
  • #289,274
  • Sep 21, 2011 4:10pm Sep 21, 2011 4:10pm
Time to buy cable. Japan will not be happy to see GJ at this level.
  • #289,275
  • Sep 21, 2011 4:14pm Sep 21, 2011 4:14pm
Only when you see the signal m8. I too would like to see a retest of 1.56 or something
  • #289,276
  • Sep 21, 2011 4:19pm Sep 21, 2011 4:19pm
Quoting jeremyyn
Only when you see the signal m8. I too would like to see a retest of 1.56 or something
Ok, just back from school meeting. My long at .5555 triggered. Added a small lot at .55. Looking to tp on both at .5630 being the .382 retrace of the hourly downwards move from .5870.
  • #289,277
  • Sep 21, 2011 5:00pm Sep 21, 2011 5:00pm
Quoting Terminale
Time to buy cable. Japan will not be happy to see GJ at this level.
Could be a good time to buy; this is incredibly oversold and is gagging for a correction.
Probability Professor
  • #289,278
  • Sep 21, 2011 5:09pm Sep 21, 2011 5:09pm
hi all. Stopped out today 3k down, I left my position open . Bought in at 1.6300 3/1 pound per point. Has anyone got any thoughts as to when to buy back
  • #289,279
  • Sep 21, 2011 5:19pm Sep 21, 2011 5:19pm
how do you think - will cable go up to a 1.5580 area or not? I've still opened a buy position with take profit at 1.5545 ;]
Trade or not to trade - that is the question...
  • #289,280
  • Sep 21, 2011 5:42pm Sep 21, 2011 5:42pm
Quoting wiz001
hi all. Stopped out today 3k down, I left my position open . Bought in at 1.6300 3/1 pound per point. Has anyone got any thoughts as to when to buy back
I don't understand why you want to buy GBP. BoE have stated that they are serious about further QE today, so that will only weaken the currency. Sure, we will get a bounce, but how far will the bounce go?

Here are some areas where GU might bounce based on the weekly charts!

Attached Image (click to enlarge)
Click to Enlarge Name: 110921_GU_w1.png Size: 62 KB


Good luck!
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