Discuss the GBP/USD with a DailyFX Analyst - Page 607 - DailyFX Forex Forum

4xis2ez · #**9091** (**permalink**) 07-06-2009, 02:52 PM

Quote:

Originally Posted by Panda Eyes

wrong timing..off!
but still see down.
gd call sterling bull!

I believe we have seen the low for this week. Up for gbpusd and eurusd the rest of this week.

Panda Eyes · #**9092** (**permalink**) 07-06-2009, 03:03 PM

Quote:

Originally Posted by 4xis2ez

I believe we have seen the low for this week. Up for gbpusd and eurusd the rest of this week.

u mean we no need look at week3 chart anymore?
since #2 is totally off...which may then affect all nums follow?
pls advise.tks

TheSterlingBull · #**9093** (**permalink**) 07-06-2009, 03:09 PM

Well done everyone 1.6290 reached. Hold tight before shorting, today is greedy b^&*@rd day

4xis2ez · #**9094** (**permalink**) 07-06-2009, 03:28 PM

Quote:

Originally Posted by Panda Eyes

u mean we no need look at week3 chart anymore?
since #2 is totally off...which may then affect all nums follow?
pls advise.tks

I mean in general terms up for the rest of the week. There was little reaction to the 3 low. Now moving to the 4 high.

Bongoman · #**9095** (**permalink**) 07-06-2009, 04:40 PM

I have not visited thi ssite for nearly 2 years...good to see some of the old names still here..proves you are all winning

Bongo....still bearish on the Cable and think we have hit the highs , light volume cuased shorters to close today but a retest of 16000 may be due soon.

herman sucipto · #**9096** (**permalink**) 07-06-2009, 06:03 PM

Support Resistance Levels 7 July 2009

1,6348 - 1,6402 - 1,6419 - 1,646 - 1,6504

1,6249

1,6205 - 1,6178 - 1,6148 - 1,6098 - 1,6043

support resistance

.

cephas pob hlsp · #**9097** (**permalink**) 07-07-2009, 12:14 AM

sideways for sometime from now

Bongoman · #**9098** (**permalink**) 07-07-2009, 02:28 AM

Looks like 16100 is the new support here, that get sbreached and there is a possible attach to retest the 15800 area. I find using repulse, RSI , Macd the best indiators on the Cables and the 1 hr chart. Any views

Bongo

cephas pob hlsp · #**9099** (**permalink**) 07-07-2009, 03:12 AM

yes......... it will go to 1.5800 today probably

ams_fx · #**9100** (**permalink**) 07-07-2009, 04:09 AM

Hi SterlingBull,

You made a very nice/accurate call.

Myself, I am a scalper who is lurking around this forum from a while and wait for calls to be made from experienced traders like yourself and few others.

I never had the chance to earn more than 50 pips

How long have you been trading for?
I would really appreciate if you could explain your strategy how you look at the charts/market and timeframe you generally trade on. Also, do you use any hedging etc?

I know it's a lot of questions but I want to learn to read the market "the right way" by standing on the shoulders of giants!! People who have been there done that.

thanks
ams

Quote:

Originally Posted by TheSterlingBull

Well done everyone 1.6290 reached. Hold tight before shorting, today is greedy b^&*@rd day

neller · #**9101** (**permalink**) 07-07-2009, 04:32 AM

Quote:

Originally Posted by cephas pob hlsp

yes......... it will go to 1.5800 today probably

lol no way my friend sorry

cephas pob hlsp · #**9102** (**permalink**) 07-07-2009, 04:48 AM

I use both the technical and the fundamental analysis together.....

i use alot of things called advance trading mechnics which is not generally not available in most books.

explaining my trading system will be too long lesson here?

i have been trasding for more than 5 years ago.....

i will be here for disscussion...

thanks

CodyB · #**9103** (**permalink**) 07-07-2009, 07:35 AM

Quote:

Originally Posted by cephas pob hlsp

I use both the technical and the fundamental analysis together.....

i use alot of things called advance trading mechnics which is not generally not available in most books.

explaining my trading system will be too long lesson here?

i have been trasding for more than 5 years ago.....

i will be here for disscussion...

thanks

then just give a short version

, no system is that complicated that it cannot be explained in a few short sentences

anyone who has your experience it is always nice to see how they look at a market.

I also do not see 1.58 yet but maybe soon

TheSterlingBull · #**9104** (**permalink**) 07-07-2009, 08:03 AM

Wow I nearly lost my shirt for a while. Now I wonder if GBP/USD will test
1.6100 again, its only 100pips away from 1.6207(current levels)?

ams_fx · #**9105** (**permalink**) 07-07-2009, 12:05 PM

Guys, what's your take on cable?

Do you think it's oversold?

Also, on thursday there is an announcment from BOE regarding IR for pound.
It might have an fake effect tomorrow. As banks generally buy/sell in anticiaption of rise. Although everyone knows that rates will not be changed still.

thanks
ams