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Cable Update (GBPUSD)

  • #15,181
  • Jun 20, 2007 4:44am Jun 20, 2007 4:44am
Quoting VEC
also long, but from 9923, hurts a bit right now but i think ill be ok.

are you still watching and scalping? i thought that was last week..
Going for quicker trades lately, instead of the 3-4 days trades.
  • #15,182
  • Jun 20, 2007 4:58am Jun 20, 2007 4:58am
That 1.9925 area's proving tough resistance so far.
Patience + Humility + Study = Success
  • #15,183
  • Jun 20, 2007 5:01am Jun 20, 2007 5:01am
I believe 9915 is broken and will provide support for 9950 move.
  • #15,184
  • Jun 20, 2007 5:05am Jun 20, 2007 5:05am
Quoting x3m
I believe 9915 is broken and will provide support for 9950 move.
Sounds good to me
Patience + Humility + Study = Success
  • #15,185
  • Jun 20, 2007 5:09am Jun 20, 2007 5:09am
I would say a good target is 1.9961-67 (depending on price feed)

This was the previous daily high from 6th June
  • #15,186
  • Jun 20, 2007 5:10am Jun 20, 2007 5:10am
Quoting cesarnc
long 9909 @ the news. SL 9870. TP 9930-50 not that bad an idea
3/4 pocketed, remaing for the ride. SL moved to 9921.
  • #15,187
  • Jun 20, 2007 5:11am Jun 20, 2007 5:11am
true experts need not wait for any news but sees the out come before hand such as myself.
BAM BAM BOOM! -bravado
  • #15,188
  • Jun 20, 2007 5:13am Jun 20, 2007 5:13am
Quoting bravado
true experts need not wait for any news but sees the out come before hand such as myself.

if you're long UJ and long GU, I presume you must be long GJ
quote of the day: . It's like deja-vu all over again
  • #15,189
  • Jun 20, 2007 5:19am Jun 20, 2007 5:19am
Quoting Gmak
if you're long UJ and long GU, I presume you must be long GJ
no gmak. because even though i am long on both, they both look iffy to me. especially uj atm.

overall, i see gj going up higher. no trades for me there though.

also, even though gj is a product of gu*uj, i treat gj as a complete separate entity. to do otherwise makes no sense. why double analyze when you can just look at gj itself.
BAM BAM BOOM! -bravado
  • #15,190
  • Jun 20, 2007 5:23am Jun 20, 2007 5:23am
Quoting x3m
I am long at 9909. There is 9915 resistance ahead of us which was tested at the news release. If it is broken, which is better to happen in the next hour, we should be heading to 9950 resistance area.
Added 1 more at 9928.
  • #15,191
  • Jun 20, 2007 5:29am Jun 20, 2007 5:29am
Quoting x3m
Added 1 more at 9928.
jumping in so quickly? not a bad idea BUT.. just make sure you are using stop loss.
BAM BAM BOOM! -bravado
  • #15,192
  • Jun 20, 2007 5:29am Jun 20, 2007 5:29am
The very powerfull GBP!!!!! in a BOE minutes day with an unexpected votes has only a range of 63 pips till now, I'm afraid that it continues playing the rest of the day within this range
  • #15,193
  • Jun 20, 2007 5:30am Jun 20, 2007 5:30am
Quoting cesarnc
3/4 pocketed, remaing for the ride. SL moved to 9921.
Kicked out.

Long UJ only, since I've seen no pigs flying so far.
  • #15,194
  • Jun 20, 2007 5:31am Jun 20, 2007 5:31am
Quoting pino2
The very powerfull GBP!!!!! in a BOE minutes day with an unexpected votes has only a range of 63 pips till now, I'm afraid that it continues playing the rest of the day within this range
It does look like 1.9930 is capping for now
Patience + Humility + Study = Success
  • #15,195
  • Jun 20, 2007 5:32am Jun 20, 2007 5:32am
as i correctly predicted. uj is sky rocketing atm while cable looks a bit hesitant at current levels.
BAM BAM BOOM! -bravado
  • #15,196
  • Jun 20, 2007 5:33am Jun 20, 2007 5:33am
Short at 1.9928 target 1.9864

Monny a mickle macks a muckle
  • #15,197
  • Jun 20, 2007 5:33am Jun 20, 2007 5:33am
as i correctly predicted as i can see into the future. gj also moving up.
BAM BAM BOOM! -bravado
  • #15,198
  • Jun 20, 2007 5:36am Jun 20, 2007 5:36am
Quoting x3m
Added 1 more at 9928.
Added yet another one at 9920. All with very short stops.
  • #15,199
  • Jun 20, 2007 5:45am Jun 20, 2007 5:45am
Quoting x3m
Added yet another one at 9920. All with very short stops.
will wait for NY market.. then may decide to enter or not.
  • #15,200
  • Jun 20, 2007 5:45am Jun 20, 2007 5:45am
market frozen atm. careful. this could only mean one thing.

no one is trading.
BAM BAM BOOM! -bravado
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