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Cable Update (GBPUSD)

  • #11,601
  • Apr 30, 2007 2:49am Apr 30, 2007 2:49am
Quoting deboooo2005
Hi all

I think cable will visit 1.9861 again .... Short .... and the clear view after 1 hour from now
IMHO.. before we visit .9861 cable must test .9915 resistance first. If break then path to .9861 will open.

Cesarnc.. Are the news for USD CPI leaks again?? The patterns looks almost the same like last friday. Positioning before news release.
  • #11,602
  • Apr 30, 2007 2:54am Apr 30, 2007 2:54am
Quoting Islander
I have Fridays Low as 9862, and todays as 9920, so well above and actually around its 62% retrace.....not 100%
My apologies. I was refering to late Friday low after the big rally from the early low that you refer to.
  • #11,603
  • Apr 30, 2007 3:05am Apr 30, 2007 3:05am
Quoting goonergonebad
For the moment, breakout fended off just.

Could go either way, my trade is long, target 995.
Decided to cut my losses..
  • #11,604
  • Apr 30, 2007 3:07am Apr 30, 2007 3:07am
Quoting dd33
IMHO.. before we visit .9861 cable must test .9915 resistance first. If break then path to .9861 will open.
same here.
  • #11,605
  • Apr 30, 2007 3:19am Apr 30, 2007 3:19am
not sure if this has hit the wires yet, but bank of india (announced on india CNBC this morning) is now buying dollars to prevent the rupee from rising.
  • #11,606
  • Apr 30, 2007 3:24am Apr 30, 2007 3:24am
Hi ALL. New guy here. :-)

No new highs, new lows. If EUR breaks down 3585 cable should be heading south to 9800. I am short from 9915 and 9908. Looking to add below 9900.
  • #11,607
  • Apr 30, 2007 3:25am Apr 30, 2007 3:25am
Cable now 1.9902
  • #11,608
  • Apr 30, 2007 3:26am Apr 30, 2007 3:26am
Quoting deboooo2005
Hi all

I think cable will visit 1.9861 again .... Short .... and the clear view after 1 hour from now

I think we are near from 19861 ... if its broke 1.9895 ...
  • #11,609
  • Apr 30, 2007 3:41am Apr 30, 2007 3:41am
It may go down through 9860 like a freight train this time if EUR doesn't hold.
  • #11,610
  • Apr 30, 2007 3:46am Apr 30, 2007 3:46am
EUR can't hold it.....


Quoting x3m
It may go down through 9860 like a freight train this time if EUR doesn't hold.
  • #11,611
  • Apr 30, 2007 3:51am Apr 30, 2007 3:51am
Whats with EUR anyways today?

German Retail Sales waas a big big dissapointment. But does that imply EUR CPI too?

im currently playing a box breakout system (which was short at 1.9905) but seems like its been there for ages...
  • #11,612
  • Apr 30, 2007 3:51am Apr 30, 2007 3:51am
9893 is the 4 hour uptrend line support. critical area...
  • #11,613
  • Apr 30, 2007 3:59am Apr 30, 2007 3:59am
Quoting indigo
9893 is the 4 hour uptrend line support. critical area...
Yeah, that's where all the stops from 9950-60 are sititng. All we need is for them to click to go lower.
  • #11,614
  • Apr 30, 2007 4:10am Apr 30, 2007 4:10am
i'm long @ 9893, stop 10 pips below.
  • #11,615
  • Apr 30, 2007 4:11am Apr 30, 2007 4:11am
9890 is holding.

crap
  • #11,616
  • Apr 30, 2007 4:12am Apr 30, 2007 4:12am
Hi

Do anyone have an opinion about GBP News after 18 minutes
  • #11,617
  • Apr 30, 2007 4:14am Apr 30, 2007 4:14am
No surprises from the newswire, still new lows without new highs. If just EUR starts playing along side to break below 3585. Other than that i am pretty bearish for the next few days. To me 9800 is a much better jump board to attack 2.1000 then 9900.
  • #11,618
  • Apr 30, 2007 4:19am Apr 30, 2007 4:19am
Hi again

if the cable cant hold we will see 1.9792 soon .
  • #11,619
  • Apr 30, 2007 4:21am Apr 30, 2007 4:21am
Quoting BurgerKing
9890 is holding.

crap
Relax.. its only 1st attempt.. we will see another test coming..
  • #11,620
  • Apr 30, 2007 4:22am Apr 30, 2007 4:22am
Quoting deboooo2005
Hi again

if the cable cant hold we will see 1.9792 soon .
That if she can break .9860 support. IMHO it wont be so easy.
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