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Cable Update (GBPUSD)

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  • Post #290,081
  • Quote
  • Oct 5, 2011 5:50am Oct 5, 2011 5:50am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 20,852 Posts
Quoting smikester
Disliked
There's a bit too much going on for me to make a trade on this pair. Good news release in a strong downtrend, Dow bounce, pin bar on daily - counter trend.

For me, a confused picture on this pair.
Ignored

not just u buddy ..its every1 this pair infact i think everything at the moment is confusing
 
 
  • Post #290,082
  • Quote
  • Oct 5, 2011 6:15am Oct 5, 2011 6:15am
  •  H.z
  • | Joined Dec 2009 | Status: Member | 19 Posts
IMHO, stay away from this pair until the ADP Non-farm employment released.

GL every one
 
 
  • Post #290,083
  • Quote
  • Oct 5, 2011 9:42am Oct 5, 2011 9:42am
  •  LeanLowFx
  • | Joined Sep 2011 | Status: Member | 253 Posts
Looking forward for channel break
Attached Image (click to enlarge)
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Size: 32 KB
 
 
  • Post #290,084
  • Quote
  • Oct 5, 2011 10:14am Oct 5, 2011 10:14am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
gu is in the middle of nothing going nowhere.
ny shaking it.

i leave it alone.
possible to see it going up n down whole day.
Yesterday was the past
 
 
  • Post #290,085
  • Quote
  • Oct 5, 2011 10:35am Oct 5, 2011 10:35am
  •  Flatfish
  • | Joined Feb 2011 | Status: Out of touch with technology | 425 Posts
Yep cable resting today- she has a big day ahead of her tomorrow she wants too save her strength. Will need "A" game with Swerv and Tricky ready to play.
 
 
  • Post #290,086
  • Quote
  • Oct 5, 2011 9:37pm Oct 5, 2011 9:37pm
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,334 Posts
GU
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not euphoria follower
 
 
  • Post #290,087
  • Quote
  • Oct 5, 2011 9:51pm Oct 5, 2011 9:51pm
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,334 Posts
http://online.wsj.com/article/SB1000...210811910.html
not euphoria follower
 
 
  • Post #290,088
  • Quote
  • Oct 5, 2011 10:04pm Oct 5, 2011 10:04pm
  •  Forex Hulk
  • | Commercial Member | Joined Apr 2011 | 8 Posts
Cable will weaken agaisnt the USD.
 
 
  • Post #290,089
  • Quote
  • Oct 6, 2011 2:04am Oct 6, 2011 2:04am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
yesterday i left charts with one position open long target 5450
price went fast till 5480.
at least i got one of those two moves
Yesterday was the past
 
 
  • Post #290,090
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  • Oct 6, 2011 2:05am Oct 6, 2011 2:05am
  •  A-speculator
  • | Joined May 2009 | Status: Member | 4,895 Posts
Quoting Forex Hulk
Disliked
Cable will weaken agaisnt the USD.
Ignored
I think around this area (5400 +- 50 pips) is the support mate.. Think if you wanna take chances, 5400 is good price to test long.
 
 
  • Post #290,091
  • Quote
  • Oct 6, 2011 2:05am Oct 6, 2011 2:05am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting Forex Hulk
Disliked
Cable will weaken agaisnt the USD.
Ignored
is it your hope or do you know something that whole trading world doesn't know yet?
Yesterday was the past
 
 
  • Post #290,092
  • Quote
  • Oct 6, 2011 2:08am Oct 6, 2011 2:08am
  •  A-speculator
  • | Joined May 2009 | Status: Member | 4,895 Posts
Quoting _BBKing_
Disliked
is it your hope or do you know something that whole trading world doesn't know yet?
Ignored
Perhaps, one bear gonna get slaughtered..

Playing with short at this price.. oh well..
 
 
  • Post #290,093
  • Quote
  • Oct 6, 2011 2:19am Oct 6, 2011 2:19am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
down we go.
be careful by buyin this thing.
5390/5400 possible consolidation for further up but not clearly bouncing from it.

i didnt get the short near 5460.70 i was sleeping.
h1 pattern say me:

price unable to be supported by ema60
unable to cross purple line
unable to get into 55
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Yesterday was the past
 
 
  • Post #290,094
  • Quote
  • Oct 6, 2011 2:21am Oct 6, 2011 2:21am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,334 Posts
Wait ... Check E/G mate ...
Quoting _BBKing_
Disliked
down we go.
be careful by buyin this thing.
5390/5400 possible consolidation for further up but not clearly bouncing from it.

i didnt get the short near 5460.70 i was sleeping.
h1 pattern say me:

price unable to be supported by ema60
unable to cross purple line
unable to get into 55
Ignored
not euphoria follower
 
 
  • Post #290,095
  • Quote
  • Oct 6, 2011 2:22am Oct 6, 2011 2:22am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting A-speculator
Disliked
Perhaps, one bear gonna get slaughtered..

Playing with short at this price.. oh well..
Ignored
uhm
post is 4hours ago so maybe price3 was near 5450
matter is that there is no explanation about what he/she mean by sayin it.
Yesterday was the past
 
 
  • Post #290,096
  • Quote
  • Oct 6, 2011 2:25am Oct 6, 2011 2:25am
  •  _BBKing_
  • Joined Apr 2010 | Status: Today is my first trading day! | 8,238 Posts
Quoting iqyu5an
Disliked
Wait ... Check E/G mate ...
Ignored
E/G ?
anyway yes! no short here 54 ... i mean overall this hourly patttern let me think more probable to see price again well into 53's sooner than 55's
Yesterday was the past
 
 
  • Post #290,097
  • Quote
  • Oct 6, 2011 2:31am Oct 6, 2011 2:31am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,334 Posts
that's why we share here bro ..........

sharing is beautiful...isn't it ? just like pip garden....... red and green is sooooooo beautiful hahahhahah

Quoting _BBKing_
Disliked
E/G ?
anyway yes! no short here 54 ... i mean overall this hourly patttern let me think more probable to see price again well into 53's sooner than 55's
Ignored
not euphoria follower
 
 
  • Post #290,098
  • Quote
  • Oct 6, 2011 2:34am Oct 6, 2011 2:34am
  •  A-speculator
  • | Joined May 2009 | Status: Member | 4,895 Posts
Quoting _BBKing_
Disliked
E/G ?
anyway yes! no short here 54 ... i mean overall this hourly patttern let me think more probable to see price again well into 53's sooner than 55's
Ignored
Ermmm.. daily pattern suggest no short for E/G mate.. my preference is stay away for the time being until another consolidation to short (perhaps 8670 is a good price to short?).. already miss this train.. right now only long gu and gj..
 
 
  • Post #290,099
  • Quote
  • Oct 6, 2011 3:08am Oct 6, 2011 3:08am
  •  Mattz
  • | Joined May 2011 | Status: Buy&Sell | 78 Posts
My forcast:
http://www.definedlearning.com/media...coasters01.jpg
Edit: it's a bearish pattern if you ask.
"It's not about the pay check, it's about crushing the rebellion"
 
 
  • Post #290,100
  • Quote
  • Oct 6, 2011 3:10am Oct 6, 2011 3:10am
  •  A-speculator
  • | Joined May 2009 | Status: Member | 4,895 Posts
Quoting Mattz
Disliked
My forcast:
http://www.definedlearning.com/media...coasters01.jpg
Ignored
lol.. relax.. it got minor resistance @ 5440.. once that breach, 5500 will be the next target.. imho..
 
 
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