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Cable Update (GBPUSD)

  • #325,881
  • Oct 4, 2012 8:57am Oct 4, 2012 8:57am
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
TP 1 1.6130

tp2 1.6123

tp3 1.6116


where red is touched and pink nearly
  • #325,882
  • Oct 4, 2012 9:13am Oct 4, 2012 9:13am
again H1 holds the key

I think GU is exclusively traded on the H1 chart


all we need is pray that PT is right and we se 1.5900 tmr ..that would mean 1.5394 for me

weeeeeeee

and PT is rarely or never wrong so I'll take it for granted.


PT,if you're wrong on this and I follow you'll have to donate me a bottle of that palm oil so I can start my own McDonalds on my dream to finance minister
  • #325,883
  • Oct 4, 2012 9:19am Oct 4, 2012 9:19am
Quoting redbeben
again H1 holds the key

I think GU is exclusively traded on the H1 chart


all we need is pray that PT is right and we se 1.5900 tmr ..that would mean 1.5394 for me

weeeeeeee

and PT is rarely or never wrong so I'll take it for granted.


PT,if you're wrong on this and I follow you'll have to donate me a bottle of that palm oil so I can start my own McDonalds on my dream to finance minister
lol. in the mean time, i try a short on eu at 2995, very tight SL.. palm oil eh.. crude oil is better, don't you think so? lol..
  • #325,884
  • Oct 4, 2012 9:25am Oct 4, 2012 9:25am
Quoting A-speculator
lol. in the mean time, i try a short on eu at 2995, very tight SL.. palm oil eh.. crude oil is better, don't you think so? lol..
I am in @ 16146, TP1 16100 @ TP2 16065 as previous day low (SL 16195)
  • #325,885
  • Oct 4, 2012 9:26am Oct 4, 2012 9:26am
Quoting A-speculator
lol. in the mean time, i try a short on eu at 2995, very tight SL.. palm oil eh.. crude oil is better, don't you think so? lol..
I try to be green as soon as the Tata mini cat will arrive in Spain I'lll be the first buyer...and f**** the oil tycoons and their grease
  • #325,886
  • Oct 4, 2012 9:29am Oct 4, 2012 9:29am
Quoting redbeben
I try to be green as soon as the Tata mini cat will arrive in Spain I'lll be the first buyer...and f**** the oil tycoons and their grease
it's still a very looong way to be green mate.. lol... not until we can get green tech in a very low price & maintenance.. might just better/easier to get a green Tata... lol.
  • #325,887
  • Oct 4, 2012 9:32am Oct 4, 2012 9:32am
Quoting ForexRatVN
I am in @ 16146, TP1 16100 @ TP2 16065 as previous day low (SL 16195)
i am looking if we can get below 6100 (candle closed below that), we might stand a chance to get below 6000, might whipsaw a bit but price must trade sustainably below 6100 for that to happen.. at the moment, i would like to see other pairs as well as DX confirming the move.. atm DX does not indicate strengthening in 4h, but who knows in 2-3 days a head.. first, we can at least see DX breaking the downmove indicating a change of trend (at least in short term)..
  • #325,888
  • Oct 4, 2012 9:34am Oct 4, 2012 9:34am
Quoting A-speculator
it's still a very looong way to be green mate.. lol... not until we can get green tech in a very low price & maintenance.. might just better/easier to get a green Tata... lol.
noooo

Tata is green and low price

they were supposed to launch it already in april and the price is somewhere at 10k eur or something and it runs on compressed air

300 km autonomy and 105 km/h top speed.

http://www.gaadi.com/Tata-MiniCat

I know the project since the french engineer designed it and he actually built a few small cars like this but nobody wanted them....strong oil lobby

but now compressed air is cheap,you can produce it green and let's face it,even if you commute you have enough from the 300 km tanks


I really can't wait to put my hands on one
  • #325,889
  • Oct 4, 2012 9:38am Oct 4, 2012 9:38am
Quoting redbeben
noooo

Tata is green and low price

they were supposed to launch it already in april and the price is somewhere at 10k eur or something and it runs on compressed air

300 km autonomy and 105 km/h top speed.

http://www.gaadi.com/Tata-MiniCat

I know the project since the french engineer designed it and he actually built a few small cars like this but nobody wanted them....strong oil lobby

but now compressed air is cheap,you can produce it green and let's face it,even if you commute you have enough from the 300 km tanks


I...
i think i just have a friend who actually love green tech. i think green fuel and also diesel is the fuel of satan (no performance whatsoever).. lol.
  • #325,890
  • Oct 4, 2012 9:43am Oct 4, 2012 9:43am
Quoting A-speculator
i think i just have a friend who actually love green tech. i think green fuel and also diesel is the fuel of satan (no performance whatsoever).. lol.
I run one of the best diesel engines ever designed and I keep the consumption to the very low

It's a 1.6 HDI and I have a 3.6 l /100 km consumption if I drive on cruise control @ 99 km/h

if I drive @ 85 I have a 2.7l/100 km and @ 65 in the 5th I have 2.1l......amazing ain't it ?

last time I did a long trip my 60 l tank lasted for 1.6k km and I was driving @ 120-130 for the last 200 km but I can easily reach 1.9k with one tank ...driving @ 99/h


it might be dirty the diesel but the consumption is half or 1/3 so...still less
  • #325,891
  • Oct 4, 2012 9:43am Oct 4, 2012 9:43am
got to go guys... see u all later.
  • #325,892
  • Oct 4, 2012 9:57am Oct 4, 2012 9:57am
Quoting redbeben
TP 1 1.6130

tp2 1.6123

tp3 1.6116


where red is touched and pink nearly
updating TP2 and 3 as 1.6116 TP2 and 1.6104 TP3 ..if we do not go higher than 1.6159 in the next 4 min
  • #325,893
  • Oct 4, 2012 10:00am Oct 4, 2012 10:00am
climb baby climb!!
  • #325,894
  • Oct 4, 2012 10:00am Oct 4, 2012 10:00am
Quoting redbeben
updating TP2 and 3 as 1.6116 TP2 and 1.6104 TP3 ..if we do not go higher than 1.6159 in the next 4 min
too late
out @ BE

next load is 1.6188-92 for short

tp 30 pips first then 1.6125
  • #325,895
  • Oct 4, 2012 11:09am Oct 4, 2012 11:09am
Pending short @ 86
  • #325,896
  • Oct 4, 2012 11:32am Oct 4, 2012 11:32am
Short @ 1.6181
TP 1.6160
  • #325,897
  • Oct 4, 2012 11:34am Oct 4, 2012 11:34am
Quoting Freshpips
Pending short @ 86
I think it will struggle to get above 85, but it might spike up and fill your order based on the R/S at 1.61554 on m5/m15. I think redbeben is cutting it fine with orders between 88-92... we shall see!
  • #325,898
  • Oct 4, 2012 11:45am Oct 4, 2012 11:45am
Knowing Bernanke the minutes wont reveal much

I love it how the ECB will say/do whatever to takes to prop the Euro up despite fundamental worries.
  • #325,899
  • Oct 4, 2012 11:46am Oct 4, 2012 11:46am
Quoting bbakker
I think it will struggle to get above 85, but it might spike up and fill your order based on the R/S at 1.61554 on m5/m15. I think redbeben is cutting it fine with orders between 88-92... we shall see!
hi mate.. atm i think in 4h indicating a strong upmove plus no other pairs which is related or pairs which have some relation to cable have indicates an exhaustion pattern (along with the DX continuing the downtrend). i think, it's still too early to say that there will be a move to the downside yet plus with the uptrend pattern has not been broken in daily. Maybe scalping to the downside is ok, but for a longer term trade i think it's quite risky.. imho.
  • #325,900
  • Oct 4, 2012 11:50am Oct 4, 2012 11:50am
Quoting Acroix70
Knowing Bernanke the minutes wont reveal much

I love it how the ECB will say/do whatever to takes to prop the Euro up despite fundamental worries.
imho we don't need to worry too much regarding the fundamental, since we don't quite know what's really going on in the background. I think it's better for us to just concentrate on the technicals since everything has been presented in the PA.
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