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Cable Update (GBPUSD)

  • #15,101
  • Jun 19, 2007 8:50am Jun 19, 2007 8:50am
Quoting pino2
My bad luck that when I thought to short cable..
relax your bones pino2. poppa bravado got your back.
BAM BAM BOOM! -bravado
  • #15,102
  • Jun 19, 2007 9:01am Jun 19, 2007 9:01am
Quoting bravado
relax your bones pino2. poppa bravado got your back.
  • #15,103
  • Jun 19, 2007 9:02am Jun 19, 2007 9:02am
Quoting pino2
My bad luck that when I thought to short cable, there was a swiss demand for GBP/CAD helping to keep cable moving up, where were those demands in the UK session when I was long
dammit looks like 9900 in the cards.

you are on your own buddy.
BAM BAM BOOM! -bravado
  • #15,104
  • Jun 19, 2007 9:04am Jun 19, 2007 9:04am
poppa bravado it's now 1.9883
  • #15,105
  • Jun 19, 2007 9:05am Jun 19, 2007 9:05am
I will wait as on hourly cart it just touched the line again. As far as it is in between trend - I think no need to worry.
  • #15,106
  • Jun 19, 2007 9:09am Jun 19, 2007 9:09am
good target

Quoting farhadfx110
current upmove should end around 1.9900-1.9880 for a move to 1.9500 area

i will close my long positions around 1.9900 and have a short position on gbp/cad for 2.080
  • #15,107
  • Jun 19, 2007 9:11am Jun 19, 2007 9:11am
Here is my daily chart with long term fib levels, still long for now

23.6% is around 1.9910 area which is a good target I think (may hit tomorrow?)
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 12 KB
  • #15,108
  • Jun 19, 2007 9:17am Jun 19, 2007 9:17am
i added gbp/jpy to my short positions
  • #15,109
  • Jun 19, 2007 9:30am Jun 19, 2007 9:30am
Anybody heard about the Berkshires that is replacing the US dollar in Massachusetts
  • #15,110
  • Jun 19, 2007 9:41am Jun 19, 2007 9:41am
Quote
relax your bones pino2. poppa bravado got your back.

Quote
dammit looks like 9900 in the cards.

you are on your own buddy.


The Master's signature
Quote
if i helped you any, i assure you it was purely by accident. -bravado



Not to appear I'm a jokester only, long UJ 123.40, SL 123.00
  • #15,111
  • Jun 19, 2007 9:46am Jun 19, 2007 9:46am
Quoting pino2
Anybody heard about the Berkshires that is replacing the US dollar in Massachusetts
Is fat Teddy Kennedy's picture on it?
  • #15,112
  • Jun 19, 2007 9:47am Jun 19, 2007 9:47am
short at 9898
  • #15,113
  • Jun 19, 2007 9:51am Jun 19, 2007 9:51am
Quoting cesarnc


The Master's signature




Not to appear I'm a jokester only, long UJ 123.40, SL 123.00
  • #15,114
  • Jun 19, 2007 9:56am Jun 19, 2007 9:56am
no position for cable. got out @ 9880.
BAM BAM BOOM! -bravado
  • #15,115
  • Jun 19, 2007 9:57am Jun 19, 2007 9:57am
Uncle pablorpl still short

Quoting bravado
no position for cable. got out @ 9880.
  • #15,116
  • Jun 19, 2007 9:59am Jun 19, 2007 9:59am
1H doji
  • #15,117
  • Jun 19, 2007 10:07am Jun 19, 2007 10:07am
i closed my 9877 short at 9875. will go long at 9895 or short at 9855 with stop orders.
  • #15,118
  • Jun 19, 2007 10:16am Jun 19, 2007 10:16am
Im on the Long side.

4Hr Chart states..

Price above the 200SMA. and 89EMA

MACD just bounced off 0 line. (meaning possible continuation of trend)
  • #15,119
  • Jun 19, 2007 10:21am Jun 19, 2007 10:21am
before going long @ 1.9895, take a look at the daily chart and the trendline between 2.0133 and 1.9967. i'd think at least twice before placing a long now.

Quoting x3m
i closed my 9877 short at 9875. will go long at 9895 or short at 9855 with stop orders.
Nihil Sine Deo.
  • #15,120
  • Jun 19, 2007 10:30am Jun 19, 2007 10:30am
Quoting Scrat
before going long @ 1.9895, take a look at the daily chart and the trendline between 2.0133 and 1.9967. i'd think at least twice before placing a long now.
Attached Image
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