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Cable Update (GBPUSD)

  • #292,481
  • Nov 14, 2011 8:56am Nov 14, 2011 8:56am
trying a long at 00/05 tp at h1 bear line
  • #292,482
  • Nov 14, 2011 9:00am Nov 14, 2011 9:00am
Quoting _BBKing_
day not ended yet.
5907 actual lowest
Hey, what are you betting on mate?
  • #292,483
  • Nov 14, 2011 9:10am Nov 14, 2011 9:10am
Quoting A-speculator
What i mean is, seems like swissy will go down, eu will move up and eventually cable will follow..
Looks like I haven't got a clue, then.
Gone to a better place
  • #292,484
  • Nov 14, 2011 9:15am Nov 14, 2011 9:15am
Quoting A-speculator
LOL.. patience mate..

I don't see how it can move down, maybe it will.. but the swissy and the fiber seems like no no to downside..

Time will tell mate..
nowadays market is moved by fundie thing.
last week i asked what was really happening in italy, because news shifted from greece to there. and the day after, italian bond yields up to near 7% (means market reluctant to keep/buy the bonds), then fiber crashed, dragged cable with it. a good news of papandreou and berlusconi resigned, cable went up.

Now its shifted to spain, and tomorrow could be germany enter the negative teritory. and the list goes on. never ending story.

oh well...
  • #292,485
  • Nov 14, 2011 9:25am Nov 14, 2011 9:25am
Quoting _BBKing_
day not ended yet.
5907 actual lowest
O.K...let the battle begin
Trader from Croatia
  • #292,486
  • Nov 14, 2011 9:27am Nov 14, 2011 9:27am
Quoting A-speculator
Hey, what are you betting on mate?
imo 5900 will be eaten to see 5880 and 5850
90% of traders use TA, indicators and prediction
  • #292,487
  • Nov 14, 2011 9:31am Nov 14, 2011 9:31am
Quoting _BBKing_
imo 5900 will be eaten to see 5880 and 5850
daaaah 1.59007
90% of traders use TA, indicators and prediction
  • #292,488
  • Nov 14, 2011 9:32am Nov 14, 2011 9:32am
Quoting _BBKing_
imo 5900 will be eaten to see 5880 and 5850

any idea what happened today to undo friday move..damn this is nuts wasnt even any gbp news..lol
  • #292,489
  • Nov 14, 2011 9:33am Nov 14, 2011 9:33am
Quoting gsantri
nowadays market is moved by fundie thing.
last week i asked what was really happening in italy, because news shifted from greece to there. and the day after, italian bond yields up to near 7% (means market reluctant to keep/buy the bonds), then fiber crashed, dragged cable with it. a good news of papandreou and berlusconi resigned, cable went up.

Now its shifted to spain, and tomorrow could be germany enter the negative teritory. and the list goes on. never ending story.

oh well...
yeah, it's not as easy as 2008 eh..
  • #292,490
  • Nov 14, 2011 9:36am Nov 14, 2011 9:36am
Quoting _BBKing_
imo 5900 will be eaten to see 5880 and 5850
As i told you before, i'm not so sure about cable going down due to:

1) fiber weekly is highly bullish.
2) swissy seems like exhausted on daily.

cable will follow fiber i think (maybe after fiber moved? i don't know..)

for me, currently fiber is more clearer than cable. that is all mate..
  • #292,491
  • Nov 14, 2011 9:37am Nov 14, 2011 9:37am
Quoting A-speculator
As i told you before, i'm not so sure about cable going down due to:

1) fiber weekly is highly bullish.
2) swissy seems like exhausted on daily.

cable will follow fiber i think (maybe after fiber moved? i don't know..)

for me, currently fiber is more clearer than cable. that is all mate..

visit to 1.5892 and then up
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #292,492
  • Nov 14, 2011 9:38am Nov 14, 2011 9:38am
Quoting nAVIN2007
any idea what happened today to undo friday move..damn this is nuts wasnt even any gbp news..lol

the only possible thing is that market still doesnt trust in europe euro european leaders etc...
cable simply follow EU

market actually clearly saying that EU is overpriced.
just my humble opinion bro.

h4 EU chart looks a perfect retest of previous wedge.
GU still into possible daily flag but also possible triple top to gain power to breake below 5850.

actually i covered all my positions and watching the movie
90% of traders use TA, indicators and prediction
  • #292,493
  • Nov 14, 2011 9:40am Nov 14, 2011 9:40am
Quoting eqshack
visit to 1.5892 and then up
you don't need to pray mate, you know what to do if you're wrong.. this game is not about right or wrong, it's about survival. You have your plan when you pick your price, right? so trade the plan, mate.. I'm more heavily on fiber and swissy than cable right now..
  • #292,494
  • Nov 14, 2011 9:42am Nov 14, 2011 9:42am
Quoting A-speculator
As i told you before, i'm not so sure about cable going down due to:

1) fiber weekly is highly bullish.
2) swissy seems like exhausted on daily.

cable will follow fiber i think (maybe after fiber moved? i don't know..)

for me, currently fiber is more clearer than cable. that is all mate..

ok weekly candle in EU can say reverse up but for that need this weekly candle to close above it and en-gulfing.
personally i still see strong headshoulder in EU and GU not able to get above 61.

anyway my eyes are in 5850 line.
90% of traders use TA, indicators and prediction
  • #292,495
  • Nov 14, 2011 9:44am Nov 14, 2011 9:44am
Quoting A-speculator
you don't need to pray mate, you know what to do if you're wrong.. this game is not about right or wrong, it's about survival. You have your plan when you pick your price, right? so trade the plan, mate.. I'm more heavily on fiber and swissy than cable right now..

lol that is not pray icon but thanks anyways.
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #292,496
  • Nov 14, 2011 9:45am Nov 14, 2011 9:45am
Getting in with a long at 1.5905 and long fiber from 1.3625
check out my blog: forexmademillionaire dot com
  • #292,497
  • Nov 14, 2011 9:46am Nov 14, 2011 9:46am
Quoting _BBKing_
ok weekly candle in EU can say reverse up but for that need this weekly candle to close above it and en-gulfing.
personally i still see strong headshoulder in EU and GU not able to get above 61.

anyway my eyes are in 5850 line.
alright, i put a line there mate..

I see you are expecting it to retest it's old resistance.. seems right also.
  • #292,498
  • Nov 14, 2011 9:49am Nov 14, 2011 9:49am
Quoting Geene
O.K...let the battle begin
90% of traders use TA, indicators and prediction
  • #292,499
  • Nov 14, 2011 9:55am Nov 14, 2011 9:55am
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90% of traders use TA, indicators and prediction
  • #292,500
  • Nov 14, 2011 9:56am Nov 14, 2011 9:56am
Quoting Geene
O.K...let the battle begin
Now is nice try to go long 1.5900 SL 60
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