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Cable Update (GBPUSD)

  • #325,861
  • Oct 4, 2012 8:08am Oct 4, 2012 8:08am
Quoting volforex
redben ,I will tell you when I have sell open .I know you are very good to catch good points ...
thanks,I ment no offence but I do not trust any info provided about where sellers are or buyers

I can see them free on several websites but I only look at them as a general rutine coz in my logic there is no way the sharks will let us know where and when they will do a move....they can't surprise us on this if they do ......

I'll stick to my calculations 1.6159 or 1.6192
  • #325,862
  • Oct 4, 2012 8:09am Oct 4, 2012 8:09am
Okay
  • #325,863
  • Oct 4, 2012 8:10am Oct 4, 2012 8:10am
Quoting Freshpips
Im not doing anything until I can short from high 1.61xx and able to have sl other side of 1.6200...

It may happen or may not. I got in too early last time and got burnt.

1.6173 absolute minimum, but preferably higher...


I just saw the light...and I'm a beliver

6159 will be first stop and 6192 second

first one can reject a bit back to 1.6125 but the real deal is the 6192 where 30 is done deal.....just calculations no PA no inside info so do not follow if your system does not show same thing
  • #325,864
  • Oct 4, 2012 8:12am Oct 4, 2012 8:12am
I'm in @ 1.6156
  • #325,865
  • Oct 4, 2012 8:12am Oct 4, 2012 8:12am
Quoting redbeben
I just saw the light...and I'm a beliver

6159 will be first stop and 6192 second

first one can reject a bit back to 1.6125 but the real deal is the 6192 where 30 is done deal.....just calculations no PA no inside info so do not follow if your system does not show same thing

Like I said, closer to 1.62 the better, if doesnt look to be making it all the way then ill have to make a call... to short or not to short...that is the traders question..
  • #325,866
  • Oct 4, 2012 8:18am Oct 4, 2012 8:18am
Quoting Freshpips
Like I said, closer to 1.62 the better, if doesnt look to be making it all the way then ill have to make a call... to short or not to short...that is the traders question..
6150 seems like a good price to short, no?
  • #325,867
  • Oct 4, 2012 8:21am Oct 4, 2012 8:21am
Quoting redbeben
I'm in @ 1.6156
first tp on my trade 1.6130 for now

I'll update if I see anything

the only things that I do not like is EU
  • #325,868
  • Oct 4, 2012 8:24am Oct 4, 2012 8:24am
Quoting redbeben
first tp on my trade 1.6130 for now

I'll update if I see anything

the only things that I do not like is EU
imho, EU atm is at about the weekly minor resistance (based on candle), i think should not be a problem.. unless it closed above 1.3. what do you think?
  • #325,869
  • Oct 4, 2012 8:27am Oct 4, 2012 8:27am
Hey! Its time to hang with the Cable.
Price Is The Best Indicator Itself.
  • #325,870
  • Oct 4, 2012 8:29am Oct 4, 2012 8:29am
Quoting A-speculator
6150 seems like a good price to short, no?

Yes your right, it seems to be holding up pretty well at the moment...

And I am probably wrong and will regret holding out, but I think shes got more left in her..

But best of luck bro
  • #325,871
  • Oct 4, 2012 8:33am Oct 4, 2012 8:33am
Quoting Freshpips
Yes your right, it seems to be holding up pretty well at the moment...

And I am probably wrong and will regret holding out, but I think shes got more left in her..

But best of luck bro
that depends on how today candle close mate.. i would like to see 6060 breached to confirm my bearish view.. atm 6150 is nothing but just a minor resistance..
  • #325,872
  • Oct 4, 2012 8:35am Oct 4, 2012 8:35am
Quoting A-speculator
that depends on how today candle close mate.. i would like to see 6060 breached to confirm my bearish view.. atm 6150 is nothing but just a minor resistance..
best is to see price trading sustainably below 1.6 (obviously) to strengthen bearish view, right?
  • #325,873
  • Oct 4, 2012 8:47am Oct 4, 2012 8:47am
Quoting redbeben
first tp on my trade 1.6130 for now

I'll update if I see anything

the only things that I do not like is EU
1.6123 and 1.6116 for now as tp2 and 3
  • #325,874
  • Oct 4, 2012 8:47am Oct 4, 2012 8:47am
kiwi is testing daily support also but imho has better DT formation compared with cable.. hope can see 4h confirm by current formation..
  • #325,875
  • Oct 4, 2012 8:48am Oct 4, 2012 8:48am
Quoting A-speculator
I think cable can go down if aussie (just as my personal favorite pair) can push though the daily support level at about current price and swissy stop trending down (obviously).. imho.
maybe no idea as I do not understand crosses
  • #325,876
  • Oct 4, 2012 8:50am Oct 4, 2012 8:50am
Quoting redbeben
1.6123 and 1.6116 for now as tp2 and 3
oh mate.. gimme more than that mate...
  • #325,877
  • Oct 4, 2012 8:50am Oct 4, 2012 8:50am
Quoting redbeben
maybe no idea as I do not understand crosses
i know you're very good at technicals.. it's really long time eh since i last posted here, just got the time.. how's life, mate?
  • #325,878
  • Oct 4, 2012 8:51am Oct 4, 2012 8:51am
Quoting redbeben
1.6123 and 1.6116 for now as tp2 and 3
halving for 20 pips now
  • #325,879
  • Oct 4, 2012 8:52am Oct 4, 2012 8:52am
Quoting redbeben
first tp on my trade 1.6130 for now

I'll update if I see anything

the only things that I do not like is EU
Congrats

You're the man as always

I didn't jump on board this time
  • #325,880
  • Oct 4, 2012 8:53am Oct 4, 2012 8:53am
Quoting redbeben
halving for 20 pips now
great, hopefully can see price close below 6100 before moving to 6060..
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