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Cable Update (GBPUSD)

  • #336,961
  • Mar 14, 2013 4:03am Mar 14, 2013 4:03am
Quoting nAVIN2007
again we are looking counter currencies..yen and usd..usd is stronger that is why!!

gbp is being bought but so is usd..i dont know if u catching what im saying
while yen isnt being bought
That is a point that I sometimes overlook.
  • #336,962
  • Mar 14, 2013 4:16am Mar 14, 2013 4:16am
I think we all have forgotten that GBPUSD is still bearish. Forget about any long positions guys...

Quoting blobsaudio
That is a point that I sometimes overlook.
  • #336,963
  • Mar 14, 2013 4:44am Mar 14, 2013 4:44am
Quoting Maso
I can see a strong Yen for this weekend.
Really? I'd sure like to see some technicals and/or fundamentals to support that because, I can't find any.
Ghost Rider - WWTBMD?
  • #336,964
  • Mar 14, 2013 5:50am Mar 14, 2013 5:50am
Quoting Maso
I think we all have forgotten that GBPUSD is still bearish. Forget about any long positions guys...

remember this post people..i will remind u in around 7 months time - 1 year

1 year time =1.7-1.71 might be before if im lucky
  • #336,965
  • Mar 14, 2013 5:54am Mar 14, 2013 5:54am
Quoting nAVIN2007
remember this post people..i will remind u in around 7 months time - 1 year

1 year time =1.7-1.71 might be before if im lucky
Probably both right!
  • #336,966
  • Mar 14, 2013 7:03am Mar 14, 2013 7:03am
Quoting nAVIN2007
remember this post people..i will remind u in around 7 months time - 1 year

1 year time =1.7-1.71 might be before if im lucky
I don't think 4830 is the bottom nAV
Come with me if you want to live....
  • #336,967
  • Mar 14, 2013 7:13am Mar 14, 2013 7:13am
My analysis shows that the bottom could be at least around 1.46 for now.

Quoting Ill-b-back
I don't think 4830 is the bottom nAV
  • #336,968
  • Mar 14, 2013 7:26am Mar 14, 2013 7:26am
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.jpg Size: 122 KB
  • #336,969
  • Mar 14, 2013 7:39am Mar 14, 2013 7:39am
Quoting Maso
Attachment
down here too, my short target is 1.4833
  • #336,970
  • Mar 14, 2013 7:42am Mar 14, 2013 7:42am
Quoting Ill-b-back
I don't think 4830 is the bottom nAV
he didn't say anything about it being bottom! he simply said that he expects 1.7 in 7!
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #336,971
  • Mar 14, 2013 8:00am Mar 14, 2013 8:00am
I've learned that in trading I need to forget similar situations I've seen before. It is not the same situation when you had in 2008, I think.

Quoting baherhosni
he didn't say anything about it being bottom! he simply said that he expects 1.7 in 7!
  • #336,972
  • Mar 14, 2013 8:35am Mar 14, 2013 8:35am
Around 1.4970 to 1.4975 would be a nice close for this current candle. I would then like a nice red candle next to this current one which would provide a rather nice double top on the hourly.
  • #336,973
  • Mar 14, 2013 8:42am Mar 14, 2013 8:42am
Quoting C345
I,m only interested in yesterday and today. Daily pivot is holding so far as is trend line. Looking to target yesterdays high or low but which one!
Got there or close enough. Out.
  • #336,974
  • Mar 14, 2013 8:49am Mar 14, 2013 8:49am
Quoting blobsaudio
Around 1.4970 to 1.4975 would be a nice close for this current candle. I would then like a nice red candle next to this current one which would provide a rather nice double top on the hourly.
see u on the otherside
  • #336,975
  • Mar 14, 2013 8:58am Mar 14, 2013 8:58am
hmmm, I wonder if I should close my Short.
  • #336,976
  • Mar 14, 2013 9:04am Mar 14, 2013 9:04am
Quoting nAVIN2007
see u on the otherside
I know, the market just had to go and ruin the potential for a perfect setup
  • #336,977
  • Mar 14, 2013 9:17am Mar 14, 2013 9:17am
Quoting blobsaudio
I know, the market just had to go and ruin the potential for a perfect setup
its either there or not..lets see what happens at 1.5
  • #336,978
  • Mar 14, 2013 9:18am Mar 14, 2013 9:18am
Hi,

I think that current cable rising is short living.

So I made sell limit order.
Sell Limit 1.5035
Stop Loss 1.5085
Take profit 1.4950
Order valid until tomorrow 14 GMT

Analyst

P.S. This is not trade recommendation
  • #336,979
  • Mar 14, 2013 9:21am Mar 14, 2013 9:21am
Quoting fx-analyst
Hi,

I think that current cable rising is short living.

So I made sell limit order.
Sell Limit 1.5035
Stop Loss 1.5085
Take profit 1.4950
Order valid until tomorrow 14 GMT

Analyst

why do u think this..?but i think yur trade isnt bad
  • #336,980
  • Mar 14, 2013 9:23am Mar 14, 2013 9:23am
I change take profit to 1.4968


Quoting fx-analyst
Hi,

I think that current cable rising is short living.

So I made sell limit order.
Sell Limit 1.5035
Stop Loss 1.5085
Take profit 1.4950
Order valid until tomorrow 14 GMT

Analyst

P.S. This is not trade recommendation
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Ahsan