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Cable Update (GBPUSD)

  • #325,961
  • Oct 5, 2012 7:47am Oct 5, 2012 7:47am
i dont see where EU can stop but


GU should make at least small stop here
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  • #325,962
  • Oct 5, 2012 7:47am Oct 5, 2012 7:47am
I'm flat on EU but keep my levels in case we reach line in the sand in the next max 5 h

on GU I have the small short holding it for the next 5-10 h for the line in the sand
  • #325,963
  • Oct 5, 2012 7:51am Oct 5, 2012 7:51am
Boertjie Hold on there little fellow
  • #325,964
  • Oct 5, 2012 7:55am Oct 5, 2012 7:55am
still looks fairly bid...? more gains...?
  • #325,965
  • Oct 5, 2012 8:00am Oct 5, 2012 8:00am
Quoting Resent
still looks fairly bid...? more gains...?
GU is struggling. On UJ, USD is strengthening. UCAD quite the opposite but they also had good employment figures out. All the other USD pairs show a weakening $ but currently it is still holding...

Gold dropped, S&P and other indices are up, oil undecided.
  • #325,966
  • Oct 5, 2012 8:02am Oct 5, 2012 8:02am
No selling signs yet.1.6203 in play
  • #325,967
  • Oct 5, 2012 8:07am Oct 5, 2012 8:07am
Quoting PoundTrader
Boertjie Hold on there little fellow
should I still keep the 1.5900 as TP for today ? that's a 300 pips down in 8 h...still think it is possible ?

I'll keep my time span longer...next week if we even start moving down
  • #325,968
  • Oct 5, 2012 8:09am Oct 5, 2012 8:09am
so gu buy on a break and on retrace 2 wining

EU buy on a break but to small stop 1 losing
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  • #325,969
  • Oct 5, 2012 8:09am Oct 5, 2012 8:09am
got that descending tl on h4 at 1.62268 which could be the line but if that goes......then who knows where it will head..Late US session rally perhaps?
  • #325,970
  • Oct 5, 2012 8:11am Oct 5, 2012 8:11am
Quoting volforex
No selling signs yet.1.6203 in play
Thanks for letting us know... really cheered those bears up
  • #325,971
  • Oct 5, 2012 8:12am Oct 5, 2012 8:12am
1.6212 should be the new major trend down ...but not yet
  • #325,972
  • Oct 5, 2012 8:17am Oct 5, 2012 8:17am
Quoting volforex
1.6212 should be the new major trend down ...but not yet
I have 1.6217 as my line in the sand (h1 supply zone). m15 closed below 1.6210... 30 pips from 1.6180 which is the low of the news move.

Bears might have a chance now...

P.S. You didn't answer my questions on volume.... in your own time :-)

Have a great weekend!
  • #325,973
  • Oct 5, 2012 8:23am Oct 5, 2012 8:23am
Quoting bbakker
That headline figure could save the $ from being trounced today! I have 1.6217 as the line in the sand... above that and bulls will take it further up!
got 6215 ;-)

great!!!

BTW 3047 on Fibre
@pawpaw1000 on Twitter
  • #325,974
  • Oct 5, 2012 8:33am Oct 5, 2012 8:33am
sell sell sell for short term gain.....end of day exit pos!
  • #325,975
  • Oct 5, 2012 8:35am Oct 5, 2012 8:35am
Quoting Resent
sell sell sell for short term gain.....end of day exit pos!
when ?

and sell what ?
  • #325,976
  • Oct 5, 2012 8:35am Oct 5, 2012 8:35am
sold @16203
  • #325,977
  • Oct 5, 2012 8:39am Oct 5, 2012 8:39am
Quoting redbeben
when ?

and sell what ?
well we're on cable thread so im obv telling u to sell CHFJPY...
  • #325,978
  • Oct 5, 2012 8:39am Oct 5, 2012 8:39am
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1.6188 will watch if we go lower or will go up
  • #325,979
  • Oct 5, 2012 8:45am Oct 5, 2012 8:45am
Get ready, gona have new lows next week ��
Sorry i dont have my charts with me as im on the road but the high of today just touched a downward trendline we formed since the drop from the highs around 1.6350
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #325,980
  • Oct 5, 2012 8:45am Oct 5, 2012 8:45am
Quoting volforex
sold @16203
was there the sign ?
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