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Cable Update (GBPUSD)

  • #289,781
  • Sep 29, 2011 4:33am Sep 29, 2011 4:33am
i need to leave.
will come back into ny session

no position taken.
good luck you all
90% of traders use TA, indicators and prediction
  • #289,782
  • Sep 29, 2011 4:34am Sep 29, 2011 4:34am
Quoting LeanLowFx
Shorted , 99% it's going down at least for a couple of hours .

I'd like to as well but it looks very like a bull flag to me.
  • #289,783
  • Sep 29, 2011 5:01am Sep 29, 2011 5:01am
USD employment and GDP figures will determine direction. I think it will range before the news.
  • #289,784
  • Sep 29, 2011 6:02am Sep 29, 2011 6:02am
http://www.forexfactory.com/attachme...4&d=1317293116
not euphoria follower
  • #289,785
  • Sep 29, 2011 6:44am Sep 29, 2011 6:44am
Quoting LeanLowFx
Shorted , 99% it's going down at least for a couple of hours .
Closed for 30 pips , waiting what news will tell .
  • #289,786
  • Sep 29, 2011 7:03am Sep 29, 2011 7:03am
Cable bullish
  • #289,787
  • Edited 7:38am Sep 29, 2011 7:27am | Edited 7:38am
Quoting Emerald
Cable bullish
Let's see what the news brings in 3 mins. I have now tightened stops on my longs just in case.

If it is going to continue to be bullish on h1, it needs to take out today's high. If it does not take out the high, it could be a bearish sign OR that we are in a range.

EDIT: On first glance the numbers are USD bearish and GU bullish! Certainly UCAD's initial reaction to those numbers. Equities also like these numbers with a pop north for S&P!

Back to work for me. I am happy with my current positions. May pop in here tonight!
  • #289,788
  • Sep 29, 2011 7:58am Sep 29, 2011 7:58am
hmmm, looks like that cable will go up to the 1.5705 area... currently we are on support level in the area of 1.5760 so long positions are welcome
Trade or not to trade - that is the question...
  • #289,789
  • Sep 29, 2011 7:58am Sep 29, 2011 7:58am
Quoting bbakker
Let's see what the news brings in 3 mins. I have now tightened stops on my longs just in case.

If it is going to continue to be bullish on h1, it needs to take out today's high. If it does not take out the high, it could be a bearish sign OR that we are in a range.

EDIT: On first glance the numbers are USD bearish and GU bullish! Certainly UCAD's initial reaction to those numbers. Equities also like these numbers with a pop north for S&P!

Back to work for me. I am happy with my current positions. May pop in here tonight!

Hahahaha, I am in right trend
  • #289,790
  • Sep 29, 2011 7:58am Sep 29, 2011 7:58am
4hr cable - much less noise on this chart- same channel with false break and a test of the bottom. I see resistance above here look to sell still around the 1.5750 level on usual topping signs
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 94 KB
  • #289,791
  • Sep 29, 2011 7:59am Sep 29, 2011 7:59am
Quoting Emerald
Cable bullish
thats what I said before news
  • #289,792
  • Sep 29, 2011 8:07am Sep 29, 2011 8:07am
Quoting Emerald
thats what I said before news
Yes but you know traders in this thread like to post a chart or some technical for the trade- were more interested in how others see the market and not forex signals.
  • #289,793
  • Sep 29, 2011 8:07am Sep 29, 2011 8:07am
break 5635 and we're southward bound. COYS.
  • #289,794
  • Sep 29, 2011 8:11am Sep 29, 2011 8:11am
Quoting Flatfish
Yes but you know traders in this thread like to post a chart or some technical for the trade- were more interested in how others see the market and not forex signals.
Sure, next time
  • #289,795
  • Sep 29, 2011 8:29am Sep 29, 2011 8:29am
looking for 5575
reason : below
Quoting iqyu5an
http://www.forexfactory.com/attachme...4&d=1317293116
not euphoria follower
  • #289,796
  • Sep 29, 2011 8:31am Sep 29, 2011 8:31am
still open short..
I hope for 100 down.. now
Attached Image (click to enlarge)
Click to Enlarge Name: short.jpg Size: 181 KB
  • #289,797
  • Sep 29, 2011 8:36am Sep 29, 2011 8:36am
FUKKK
90% of traders use TA, indicators and prediction
  • #289,798
  • Sep 29, 2011 8:38am Sep 29, 2011 8:38am
Take care .Just reentered long ..shorts failed.
  • #289,799
  • Sep 29, 2011 8:42am Sep 29, 2011 8:42am
Quoting volforex
Take care .Just reentered long ..shorts failed.
I hope for triple top
Attached Image
  • #289,800
  • Sep 29, 2011 8:43am Sep 29, 2011 8:43am
Why it suddently up for 70 pips ?
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