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Cable Update (GBPUSD)

  • #291,641
  • Nov 1, 2011 7:49am Nov 1, 2011 7:49am
Quoting _BBKing_
the 5930 area is in bears hands.
im targeting 5865.
went short heavy.
already closed half +22pips and now stops @be
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  • #291,642
  • Nov 1, 2011 7:50am Nov 1, 2011 7:50am
EU is getting a very bad day!
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  • #291,643
  • Nov 1, 2011 8:12am Nov 1, 2011 8:12am
Quoting _BBKing_
went short heavy.
already closed half +22pips and now stops @be
uff
out @be.
90% of traders use TA, indicators and prediction
  • #291,644
  • Nov 1, 2011 8:21am Nov 1, 2011 8:21am
Quoting _BBKing_
EU is getting a very bad day!
Papandreou is a piece of work. What did he think would happen announcing a referendum without consulting the EU leadership after all that work hammering out the bailout? Everyone's running for cover.


I hope they bring back the Deutsche Mark.
  • #291,645
  • Nov 1, 2011 8:36am Nov 1, 2011 8:36am
Quoting Fudomyo
Papandreou is a piece of work. What did he think would happen announcing a referendum without consulting the EU leadership after all that work hammering out the bailout? Everyone's running for cover.


I hope they bring back the Deutsche Mark.
its all written in chart depending on how look at it.funny how it stalls here

lets see if it bounces from this point..it should do or at least attempt too
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  • #291,646
  • Nov 1, 2011 8:50am Nov 1, 2011 8:50am
Cable pulled back a bit from support on the daily chart.
Traders can't buy yen or chf due to intervention, so the only safe haven is the usd today.
Risk is off today.

Gold is down a bit
Oil is down but traders are locked out before of the MF Global fiasco
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  • #291,647
  • Nov 1, 2011 8:53am Nov 1, 2011 8:53am
Quoting nAVIN2007
its all written in chart depending on how look at it.funny how it stalls here

lets see if it bounces from this point..it should do or at least attempt too
one would hope. I haven't seen the 4H this oversold since 2010 when price bounced off the 2620 area to 4280.

we still need to take 5970 to get upside traction. but I agree we are at critical support on the Majors / AU EU GU.


Quoting Fudomyo
The Fed has been very dovish, so any glimmer of QE3 will weaken the USD and we should bounce. With the DX near resistance, and the majors near critical support, it wouldn't surprise me.
I still want them to bring back the Deutsche Mark.
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  • #291,648
  • Nov 1, 2011 9:14am Nov 1, 2011 9:14am
cable way oversold but usdx still pushing up
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All systems of divination, like music itself,work through patterns.
  • #291,649
  • Nov 1, 2011 9:24am Nov 1, 2011 9:24am
I'm long from 1.5934, with TP: 1.5978, but i think it's not a clear entry...
  • #291,650
  • Nov 1, 2011 9:48am Nov 1, 2011 9:48am
Quoting redsword11
added lower, moved earlier upper entries to entry



will hold lower buys


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and eu scalp
  • #291,651
  • Nov 1, 2011 10:08am Nov 1, 2011 10:08am
im short again tp 10 pips

entry at 5935
  • #291,652
  • Nov 1, 2011 10:09am Nov 1, 2011 10:09am
Upside struggling at the previous 1hr/4hr swing lo zone and 38.2% fib.

How strong are the bulls on this bearish of days so far ?

G/L
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ex member
  • #291,653
  • Nov 1, 2011 10:41am Nov 1, 2011 10:41am
Quoting Geene
..and..final entry...5914..long
See you on the other side
Close..5966
Trader from Croatia
  • #291,654
  • Nov 1, 2011 11:15am Nov 1, 2011 11:15am
i have 2 longs running 5935.
went in too heavy!
damn my hands i didnt close when 5960.
i got a very hard moment near 5926 in previous h1 candle.

cutting more than half now +12pips.
i let a small part to run target 5994.
90% of traders use TA, indicators and prediction
  • #291,655
  • Nov 1, 2011 11:26am Nov 1, 2011 11:26am
bro ... eu in 50 monthly fibo
Quoting _BBKing_
i have 2 longs running 5935.
went in too heavy!
damn my hands i didnt close when 5960.
i got a very hard moment near 5926 in previous h1 candle.

cutting more than half now +12pips.
i let a small part to run target 5994.
not euphoria follower
  • #291,656
  • Nov 1, 2011 11:27am Nov 1, 2011 11:27am
every time when price in 59 area is very bad to trade for me.
can go every where and finally goes nowhere.
90% of traders use TA, indicators and prediction
  • #291,657
  • Nov 1, 2011 11:28am Nov 1, 2011 11:28am
Quoting _BBKing_
i have 2 longs running 5935.
went in too heavy!
damn my hands i didnt close when 5960.
i got a very hard moment near 5926 in previous h1 candle.

cutting more than half now +12pips.
i let a small part to run target 5994.
Too heavy?
Trader from Croatia
  • #291,658
  • Nov 1, 2011 11:30am Nov 1, 2011 11:30am
how is your long in upper side ? still open or ... ? heavy or ?
Quoting Geene
Too heavy?
not euphoria follower
  • #291,659
  • Nov 1, 2011 11:31am Nov 1, 2011 11:31am
Quoting iqyu5an
bro ... eu in 50 monthly fibo
uhm i see...
what do you think about?
90% of traders use TA, indicators and prediction
  • #291,660
  • Nov 1, 2011 11:32am Nov 1, 2011 11:32am
Quoting Geene
Too heavy?
too much % of account...
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