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Cable Update (GBPUSD)

  • #324,201
  • Sep 12, 2012 2:44pm Sep 12, 2012 2:44pm
Quoting redbeben
and now what ? 6040 or 6130 ?

long still on..i have to say bro..great accuracy man

and with the bench press thing 20 years ago i could bench 110 but not free weight..free i reckon 60kg max

i think theres a massive difference between the two bro
  • #324,202
  • Sep 12, 2012 2:47pm Sep 12, 2012 2:47pm
I think I had posted this chart earlier, marking this price 1.2950 for take profit, but was expecting the euro to shoot up a little higher, closer to 1.3000 this week, like 1.2980 or so before any strong selling. Price is also just about sitting at the first swing low of this recent down move and right below lots of resistance.

Nothing to do now anyhow, but wait for confirmation or thrust towards 1.3000, but as high as price is demand levels are still being respected, so standing aside for now particularly on shorts.
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The trend is a better friend!
  • #324,203
  • Sep 12, 2012 2:53pm Sep 12, 2012 2:53pm
Quoting 42uNe
Won't anticipate bears in this bull market.
1.2725, 1.2800, 1.2950 then 1.3XXX after that. My modest view.
Ah here it is, but was weekly chart. Can only see buyers on the go for now. Lots of possibilities for upward continuation and pending news may give euro that thrust it needs through 1.3000. Will see. 1.2970 will tell i suppose. Either way, happy trading!
The trend is a better friend!
  • #324,204
  • Sep 12, 2012 2:55pm Sep 12, 2012 2:55pm
- G/U M5:
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  • #324,205
  • Sep 12, 2012 3:08pm Sep 12, 2012 3:08pm
gu hit this watch area 1.6120-50 and is acting funny. Could get very tricky for buyers here when you take a couple steps back and look at where price is. My only question is does the higher low, below, suggest higher high?

Waiting again for confirmation. Once again, either way, happy trading!
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The trend is a better friend!
  • #324,206
  • Sep 12, 2012 3:12pm Sep 12, 2012 3:12pm
Quoting 42uNe
I think I had posted this chart earlier, marking this price 1.2950 for take profit, but was expecting the euro to shoot up a little higher, closer to 1.3000 this week, like 1.2980 or so before any strong selling. Price is also just about sitting at the first swing low of this recent down move and right below lots of resistance.

Nothing to do now anyhow, but wait for confirmation or thrust towards 1.3000, but as high as price is demand levels are still being respected, so standing aside for now particularly on shorts.
we hit the 61.8% fibo and down we went

then we went back to 2915 and again down

that's a M5 trendline there

under 1.2876 we go 1.2813 and 1.2790

below 2790 we see 1.2745-50 and if that fails we go to 1.2690 and 1.2630


but tmr news and all those levels could be smashed either up or down

I wish the shorts to continue till tmr at least so we get a better price to long.

so....1.2790-12813 would be my eyed levels for long
  • #324,207
  • Sep 12, 2012 3:14pm Sep 12, 2012 3:14pm
Quoting nAVIN2007
long still on..i have to say bro..great accuracy man

and with the bench press thing 20 years ago i could bench 110 but not free weight..free i reckon 60kg max

i think theres a massive difference between the two bro
yeap,on the fixed bar it is easier and safer.but I rarely use it.massive diff is the right word.

longs or no longs I will have a rest now.

tmr I am going for a canicross run of 10k just to clear my head of charts and candles

have a great day and a lovely weekend all
  • #324,208
  • Sep 12, 2012 3:23pm Sep 12, 2012 3:23pm
Still bullish on the Pair - But I'll wait for today's close to take the Trade...
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  • #324,209
  • Sep 12, 2012 3:29pm Sep 12, 2012 3:29pm
Quoting redbeben
we hit the 61.8% fibo and down we went

then we went back to 2915 and again down

that's a M5 trendline there

under 1.2876 we go 1.2813 and 1.2790

below 2790 we see 1.2745-50 and if that fails we go to 1.2690 and 1.2630


but tmr news and all those levels could be smashed either up or down

I wish the shorts to continue till tmr at least so we get a better price to long.

so....1.2790-12813 would be my eyed levels for long

I see that monthly 61.8 that we are basically sitting below now as well. I figure price is likely to pullback to 1.2810 thereabout. Keen on seeing what will happen then and possibly going long again here. But yes again the news will influence a lot.
The trend is a better friend!
  • #324,210
  • Sep 12, 2012 7:07pm Sep 12, 2012 7:07pm
I'll be surprised , If Sellers win this Battle ...
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  • #324,211
  • Sep 12, 2012 8:31pm Sep 12, 2012 8:31pm
i have this amazing power of market influence that to this day continues to escape me. the market is dormant for the better part of 6 hours and i place a trade that is -12 within a matter of 3 minutes. unreal.
  • #324,212
  • Sep 12, 2012 9:29pm Sep 12, 2012 9:29pm
Quoting taomql4
I'll be surprised , If Sellers win this Battle ...

C'mon Cable, I know you can do it.
You want it bad!!!
Come with me if you want to live....
  • #324,213
  • Sep 13, 2012 1:01am Sep 13, 2012 1:01am
Quoting sdcasper
i have this amazing power of market influence that to this day continues to escape me. the market is dormant for the better part of 6 hours and i place a trade that is -12 within a matter of 3 minutes. unreal.
i been there and got the tea shirt
man i have seen the market in a congested zone...entered and market moved in opposite direction like its trying to run away from meh
  • #324,214
  • Sep 13, 2012 1:53am Sep 13, 2012 1:53am
The previous largest weekly bull run since the GFC is 5 weeks in a row.
Are we about to set a new record??
Come with me if you want to live....
  • #324,215
  • Sep 13, 2012 3:33am Sep 13, 2012 3:33am
Theres quiet. Everybody waiting for next move I guess?
  • #324,216
  • Sep 13, 2012 3:55am Sep 13, 2012 3:55am
http://www.easyfreesmileys.com/smileys/lol-058.gif http://www.easyfreesmileys.com/smile...mileys-946.gif
  • #324,217
  • Sep 13, 2012 3:59am Sep 13, 2012 3:59am
90% of traders use TA, indicators and prediction
  • #324,218
  • Sep 13, 2012 4:19am Sep 13, 2012 4:19am
Quoting gavalar
Theres quiet. Everybody waiting for next move I guess?
and waiting for the move down south I guess
  • #324,219
  • Sep 13, 2012 5:24am Sep 13, 2012 5:24am
Show Me Your Pips!!!
  • #324,220
  • Sep 13, 2012 5:38am Sep 13, 2012 5:38am
All's quiet in the Cable house,
nobody stirred, not even a mouse
he he he...

Come with me if you want to live....
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