Cable Update (GBPUSD)

U did it

Speach to the studio

me too !!

I'd like to be the last one (999) and reserved the 1000 for "Mr. Forex", cesarnc.

You have certainly earned it, opening the 1000th page

Now lets see if it can reach 9770

No I didn't... Wasn't for me, we would not have the 400th page only... The rest was just due to you guy's thirst for pips....

Cesarnc 4261 posts / 15 post a page = 284 pages

You really deserved it

Congrats....now let's see if the GBP can start heading back on up???

I placed 2 orders before the news to catch the move, one was at 1.9686 and the other was @ 1.9707 which was executed, and I placed another one @ 1.9734 targeting 1.9820, I'm gambling on this figures, since I made some calculations I found that the range of this week before the news was only 126 pips high was 1.9781 and low was 1.9655, which it never happened that the week close at only this small range, so there was a resistance @ 1.9750 which was broken and then if 1.9780 is reached and broken we might see 1.9820 which is a resistance and will bring us 166 pips which is small range as well but normal to the ranges that happened in the last few weeks, IMO, so I'm playing this game

It will Go Down Very Fast

lol my time frame must be off on my pivs, but ironically it hit exactly

I have r2 at 763.

If 1.9780 is not reached or broken, so it will be a funny week range with only 126 pips

My previous post has broken the 1000 pages

hmmm...so what now?? bye bye shorts, good day longs??

I moved my SL on both to 1.9734

Mine 9730 trailing 20 pips... I'm now looking at 9741 (my R2). Would consider adding to longs here, targeting 9770... Thoughts?

Ah, whatta hell... Added 9741, TP 9770, SL 9723.... bring it on

Consumer sentiment will decide at 3pm. Recently US economy has been propped up by high consumer spending even with bad housing and oil prices. So therefore a drop in consumer sentiment could hurt $ quite a bit IMO.

nm seen my mistake, you were going by todays pivot, I was going by yesterdays.

Both trades were closed now, Buy @ 1.9707 where closed @ 1.9734 and the other one Buy @ 1.9734 were closed @ 1.9734 breakeven