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Cable Update (GBPUSD)

  • #349,621
  • Oct 21, 2013 4:09pm Oct 21, 2013 4:09pm
Quoting JimmyC
{quote} Lets hope Cable digs this far! G/L
sorry what means G/L ???
  • #349,622
  • Oct 21, 2013 4:10pm Oct 21, 2013 4:10pm
bbl
  • #349,623
  • Oct 21, 2013 4:11pm Oct 21, 2013 4:11pm
Quoting 2012fx
{quote} sorry what means G/L ???
Good luck
  • #349,624
  • Oct 21, 2013 4:12pm Oct 21, 2013 4:12pm
Quoting JimmyC
{quote} Lets hope Cable digs this far! G/L

i see 1.45
just waiting for the bears to come back from moscow
  • #349,625
  • Oct 21, 2013 4:13pm Oct 21, 2013 4:13pm
Quoting 2012fx
{quote} sorry what means G/L ???
“The more I practice, the luckier I get.”
― Gary Player
  • #349,626
  • Oct 21, 2013 4:14pm Oct 21, 2013 4:14pm
Quoting JimmyC
{quote} Good luck

G/L to you !

I suppose you're waiting for new lows??? By your roaring bear pic?

I'll use those as entries for new longs.

Oh well....



USDX Pushing 52 week low, just made new 10.5 month low.

Cable continues to dominate.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #349,627
  • Oct 21, 2013 4:22pm Oct 21, 2013 4:22pm
Quoting XTrade
{quote} G/L to you ! I suppose you're waiting for new lows??? By your roaring bear pic? I'll use those as entries for new longs. Oh well.... USDX Pushing 52 week low, just made new 10.5 month low. Cable continues to dominate.
No Sir,

Just scalping to 1.365 for 20 (shameful I know but profitable) off -ve divergence
  • #349,628
  • Oct 21, 2013 4:50pm Oct 21, 2013 4:50pm
Quoting KillerWhale
{quote} Really?
Skies baas!
Haau!
Sorry

Good night!
  • #349,629
  • Oct 21, 2013 6:59pm Oct 21, 2013 6:59pm
I think we go down until we run into this daily uptrend.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.JPG Size: 98 KB


The top red line is based off the monthly downtrend, and the bottom red line is the daily up trend.

We came back off that monthly downtrend twice now, so I think we at least go back down to the daily uptrend. Maybe consolidate in this area until news pushes us through one of the supports.
  • #349,630
  • Oct 21, 2013 7:03pm Oct 21, 2013 7:03pm
Quoting 2012fx
{quote} is there anybody also go long ??
Me!!!! N floating now hahaha. Was long at 1.6153 few hours ago.. Plan to S/L at 1.600 ...Just wait for the open market later on
  • #349,631
  • Oct 21, 2013 7:46pm Oct 21, 2013 7:46pm
Quoting 2012fx
{quote} is there anybody also go long ??
yep me...don't worry whoever thinks gbp will go down will lose their money
Anything can happen in FOREX. There's no 100% sure
  • #349,632
  • Oct 21, 2013 8:48pm Oct 21, 2013 8:48pm
Quoting piptastic
{quote} yep me...don't worry whoever thinks gbp will go down will lose their money
I'm gonna qoute you here. You think china can cook them numbers, just watch us tommorow
"HEY! Whats all this chocolate on yo face?" - "It's doodoo, babby!"
  • #349,633
  • Oct 21, 2013 8:49pm Oct 21, 2013 8:49pm
I have sell orders waiting @ 1.6115 just under support with stops above support / future resistance @ 1.6135
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,634
  • Oct 21, 2013 9:15pm Oct 21, 2013 9:15pm
Hey fellas,

so - if cable were to take out .68 who would be in favor of a move to 1.80
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #349,635
  • Oct 21, 2013 9:15pm Oct 21, 2013 9:15pm
Quoting KillerWhale
I have sell orders waiting @ 1.6115 just under support with stops above support / future resistance @ 1.6135


Hi KW
If you had Bear intentions why didn't you short from lot higher numbers.I assume you did not.
I know the logic having "confirmation" (although nothing is confirmed in markets)for Bear movement but to me and NAV have been Bears from very Tops.Just curious.Thank you
In trading, you have to be defensive and aggressive at the same time
  • #349,636
  • Oct 21, 2013 9:20pm Oct 21, 2013 9:20pm
Quoting XTrade
Hey fellas, so - if cable were to take out .68 who would be in favor of a move to 1.80

Cable can't go that high without Euro going past 1.40 and neither is likely to happen considering economic fundamentals.
UK biggest trading partner Euro zone is expected to be shit-hole until 2017.With 17-27 % unemployment and instability (already riots in Rome) there is no chance Euro can recover before US does.
REgards
In trading, you have to be defensive and aggressive at the same time
  • #349,637
  • Oct 21, 2013 9:21pm Oct 21, 2013 9:21pm
Quoting Davit
{quote} Hi KW If you had Bear intentions why didn't you short from lot higher numbers.I assume you did not. I know the logic having "confirmation" for Bear movement but to me and NAV have been Bears from very Tops.Just curious.Thank you
LOL, I am still short from the very top, 1.6220. I did mention that on this forum when I got them last week Oct. 18.
My target is big ................. 1.5725
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,638
  • Oct 21, 2013 9:32pm Oct 21, 2013 9:32pm
Quoting KillerWhale
{quote} LOL, I am still short from the very top, 1.6220. I did mention that on this forum when I got them last week Oct. 18. My target is big ................. 1.5725

I must of missed it.
MY TP is 1.55
In trading, you have to be defensive and aggressive at the same time
  • #349,639
  • Oct 21, 2013 9:38pm Oct 21, 2013 9:38pm
Quoting Davit
{quote} I must of missed it. MY TP is 1.55
I was the very first calling the top, it started with posting 349383
Maybe I'll change to 1.55 too. We'll see!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #349,640
  • Oct 21, 2013 9:48pm Oct 21, 2013 9:48pm
OK, it's through support but I'd rather see this happen in London trading than now.
New voice message: Why are you calling me? If I need you, I'll call you!
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