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Cable Update (GBPUSD)

  • #295,081
  • Dec 19, 2011 10:23am Dec 19, 2011 10:23am
Quoting smikester
1.5540 is the number. Big battle lines drawn here. I would plump for shorts here but I change my mind with the breeze
imo... it will be broken up.
actually found support above 5450.

but its still better wait a clear breaking of 5550 or 5430 before any med term decision in GU.

meanwhile scalping allowed
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  • #295,082
  • Dec 19, 2011 10:49am Dec 19, 2011 10:49am
will be interesting this daily candle closing price
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90% of traders use TA, indicators and prediction
  • #295,083
  • Dec 19, 2011 11:35am Dec 19, 2011 11:35am
Quoting PoundTrader
look like we have a small downtrend brewing
Out of all me 4 longs now and looking to see me need to re-enter at a decent price. Aaaarrrggg, drop the anchor and look smart about it now, Aaaarrrggg.
Come with me if you want to live....
  • #295,084
  • Dec 19, 2011 11:42am Dec 19, 2011 11:42am
Just me wonderin', that's all capt'n. We made a good clean profit from that last raid and just thinkin' we might be smart to set sail for home while the goin' is good. We are enterin' troubled waters hear abouts with aweful reputations to be made and I feel we could do without that kind of attention.
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  • #295,085
  • Dec 19, 2011 11:43am Dec 19, 2011 11:43am
Quoting Ill-b-back
Just me wonderin', that's all capt'n. We made a good clean profit from that last raid and just thinkin' we might be smart to set sail for home while the goin' is good. We are enterin' troubled waters hear abouts with aweful reputations to be made and I feel we could do without that kind of attention.
Aaaarrrggg!!!
Come with me if you want to live....
  • #295,086
  • Dec 19, 2011 11:54am Dec 19, 2011 11:54am
Aaaarrrggg, I see what ya mean matey, but we are pirates ya see and we can't run n hide because of a spot of bother. I tell ya what we'll do. We'll wait for the tide to take us just over that crest, then once the coast is clear we might take one last swipe at that treasure just waitin' for us to get our greedy little hands on it. But I tell ya, if the place gets crowded, we might just have to snatch it early and double our haul, so be on the ready now, Aaaarrrggg.
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  • #295,087
  • Dec 19, 2011 12:37pm Dec 19, 2011 12:37pm
probability to see price moving 20pips...

down 50,5-51%
up 49-49,5%

i go for my dinner and rest.
good luck you all
90% of traders use TA, indicators and prediction
  • #295,088
  • Dec 19, 2011 1:40pm Dec 19, 2011 1:40pm
Quoting _BBKing_
will be interesting this daily candle closing price
Good charting BB, thanks, you're an asset to the thread.
Gone to a better place
  • #295,089
  • Dec 19, 2011 1:44pm Dec 19, 2011 1:44pm
Quoting Ill-b-back
Aaaarrrggg, I see what ya mean matey, Aaaarrrggg.
I see you have turned into a pirate. Obviously feeling guilty about your profits. I must try your speech in Google Translate and see what it comes back like...
Gone to a better place
  • #295,090
  • Dec 19, 2011 2:18pm Dec 19, 2011 2:18pm
Quoting smikester
I see you have turned into a pirate. Obviously feeling guilty about your profits. I must try your speech in Google Translate and see what it comes back like...
Hey Smikester, no not feeling guilty, just in a good mood since I don't have to dip into my savings to pay the maternity ward hospital bill. Private cover only goes so far unfortunately.
Come with me if you want to live....
  • #295,091
  • Dec 19, 2011 3:30pm Dec 19, 2011 3:30pm
Aaarrrggg, I see a hostile ship ahead and she has some mighty big guns, but we have 2 boats backing us up and I feel the tide is turning our way. So if we take one last swipe at this treasure we might just make it home with silver 'n gold in tow, Aaarrrggg.

TRANSLATE: "Aaarrrggg, lets hit this bitch of a 200ema with everything we got and make it to Christmas with our money, Aaarrrggg".
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  • #295,092
  • Dec 19, 2011 4:13pm Dec 19, 2011 4:13pm
I think we might be sailing in choppy waters between the 23.6 and 38.2 latitudes until we hit the 4 hr Longitude at which point Christmas may give the markets new hope.
Off to see mum and Bub.
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  • #295,093
  • Edited 7:57pm Dec 19, 2011 5:04pm | Edited 7:57pm
there no clear trend, so i enter my buy stop and sell stop orders, trying to catch the trend either way, lets see where she goes from hear
  • #295,094
  • Dec 19, 2011 6:20pm Dec 19, 2011 6:20pm
long cable here - for those of you that do not know me I trade futures so my numbers are a little different then yours by about 10 pips. I am long from 1.5486 (futures) equal to forex price of 1.5499 ish.

Posting a one hour chart - break the down trend line and we are off to the races. I really like the bounce back in cable as well as oil and the market after that knee jerk reaction this afternoon to the ESFS news that came out of the Euro Zone -

So far so good - also good numbers out of Britain tonight.....lets see how far this one can run.

Cheers to all....
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I don't trust any move - when you have profit...take it.
  • #295,095
  • Dec 19, 2011 6:47pm Dec 19, 2011 6:47pm
Quoting Faller
long cable here - for those of you that do not know me I trade futures so my numbers are a little different then yours by about 10 pips. I am long from 1.5486 (futures) equal to forex price of 1.5499 ish.

Posting a one hour chart - break the down trend line and we are off to the races. I really like the bounce back in cable as well as oil and the market after that knee jerk reaction this afternoon to the ESFS news that came out of the Euro Zone -

So far so good - also good numbers out of Britain tonight.....lets see how far this one can...
Hi Faller, I got in around 5501 or so from memory this morning Aussie time. TP 5770. How far are you thinking she'll go?
Come with me if you want to live....
  • #295,096
  • Dec 19, 2011 8:38pm Dec 19, 2011 8:38pm
took a long at 1.5501, s/l 1.5459, t/p 1.5581.
  • #295,097
  • Dec 19, 2011 9:31pm Dec 19, 2011 9:31pm
Quoting Ill-b-back
Hi Faller, I got in around 5501 or so from memory this morning Aussie time. TP 5770. How far are you thinking she'll go?
I mean TP 5570, silly me, not ready for a double top yet ( not yet )
Come with me if you want to live....
  • #295,098
  • Dec 19, 2011 10:53pm Dec 19, 2011 10:53pm
Quoting fontu
Thanks & same to you too , for kid now double good luck .

anyway will wait to see tp hit & adjust if in need .
Time is over to sit & will be back in the evening next but will check my other ladies co-operting perfectly or not inbetween from home eu breaks 3020 & hold , preferably breaks below 3007 , au 0.9925 & below 0.9920 ,little resistance to cope with .
take care .
fontu
You are such a romantic Fontu
Come with me if you want to live....
  • #295,099
  • Dec 19, 2011 11:20pm Dec 19, 2011 11:20pm
http://i1228.photobucket.com/albums/...c/gbpusd-1.gif
A chart helps those who can read it.
  • #295,100
  • Edited Dec 20, 2011 12:24am Dec 19, 2011 11:30pm | Edited Dec 20, 2011 12:24am
Quoting geniusztc
http://i1228.photobucket.com/albums/...c/gbpusd-1.gif
Yeah , good see .
but does not clear overdues yet & want play more & more before the goal . let do it first then to start action , 5540-60 levels or near it possible will watch to short next to watch 5484 & 60 breaks to play low then or not. tp1 5468.

all Frankie & London boys now-a-days doing the bull till most of the days before crush & today also watch if so or different before price at 5543 breaks > down in impulse IF the start or not .
fontu
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