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Cable Update (GBPUSD)

  • #15,721
  • Edited 1:01pm Jun 25, 2007 10:17am | Edited 1:01pm
I closed my euro shorts too soon
  • #15,722
  • Jun 25, 2007 10:17am Jun 25, 2007 10:17am
Quoting pablorpl
go down!

last seen 1.9958/60
  • #15,723
  • Jun 25, 2007 10:18am Jun 25, 2007 10:18am
looks 9920 a good target for today
  • #15,724
  • Jun 25, 2007 10:20am Jun 25, 2007 10:20am
Quoting pablorpl
looks 9920 a good target for today
seriously? Hmm, I will go long at 1.9955-60 area
  • #15,725
  • Jun 25, 2007 10:36am Jun 25, 2007 10:36am
Quoting zamans98
seriously? Hmm, I will go long at 1.9955-60 area
i profited from all my longs from 9880 and 9890 on friday at this current level.
now if i buy here @ 9960, it would be pretty close to same as me holding those positions.

thinking..
BAM BAM BOOM! -bravado
  • #15,726
  • Jun 25, 2007 10:36am Jun 25, 2007 10:36am
Quoting zamans98
still holding your 1.9988? I dumped it, with hope that will hit again at 2.0000 but all the way down at 1.9960's area now.

or I'll let it go down then made a LONG position from there..
call it another coincidence! dumped it +10. shorted again but increased stake. like i say, looking for a downside of .9730-50
  • #15,727
  • Jun 25, 2007 10:42am Jun 25, 2007 10:42am
Quoting free4440273
call it another coincidence! dumped it +10. shorted again but increased stake. like i say, looking for a downside of .9730-50

Looks like same story over here.

Pending Orders
Long 1.9950 x 1 lot
Long 1.9955 x 1
Short 2.0005 x 1
Short 2.0000 x 1

If today not hit, will cancel the PENDING and re-open again...
  • #15,728
  • Jun 25, 2007 11:47am Jun 25, 2007 11:47am
look at it now - dead as a doormat .9975
  • #15,729
  • Jun 25, 2007 12:25pm Jun 25, 2007 12:25pm
good range.. but i still thinking GU bullishness is ending

Quoting zamans98
Looks like same story over here.

Pending Orders
Long 1.9950 x 1 lot
Long 1.9955 x 1
Short 2.0005 x 1
Short 2.0000 x 1

If today not hit, will cancel the PENDING and re-open again...
  • #15,730
  • Edited 1:00pm Jun 25, 2007 12:39pm | Edited 1:00pm
as i say, i have a little bit of patience left - .9730-50 is where i think we're heading {preferably, even below this}
  • #15,731
  • Jun 25, 2007 12:54pm Jun 25, 2007 12:54pm
Quoting pablorpl
good range.. but i still thinking GU bullishness is ending
where is your estimated/probable target again?
BAM BAM BOOM! -bravado
  • #15,732
  • Jun 25, 2007 12:59pm Jun 25, 2007 12:59pm
GU ...can't find my way home..
  • #15,733
  • Jun 25, 2007 1:00pm Jun 25, 2007 1:00pm
My target is 9750

Quoting bravado
where is your estimated/probable target again?
  • #15,734
  • Jun 25, 2007 1:02pm Jun 25, 2007 1:02pm
Quoting pablorpl
My target is 9750
noted.
BAM BAM BOOM! -bravado
  • #15,735
  • Jun 25, 2007 1:13pm Jun 25, 2007 1:13pm
1 - Channel broken
2- Retest of channel's trendline, bounced off
3 - Breach of previous toppish level 9960s
4 - Today's retest of 9960s, bounced off.

These tell me: bullish. Tomorrow above 2.0 and I will be all but surprised.
Attached Image
  • #15,736
  • Jun 25, 2007 1:18pm Jun 25, 2007 1:18pm
i'll think about shorting at 9980 area.
currently cable @ 9975.
BAM BAM BOOM! -bravado
  • #15,737
  • Jun 25, 2007 1:38pm Jun 25, 2007 1:38pm
Quoting bravado
i'll think about shorting at 9980 area.
currently cable @ 9975.
actually i will wait longer on this pair.

currently doing spiffy on other trades.
BAM BAM BOOM! -bravado
  • #15,738
  • Jun 25, 2007 1:59pm Jun 25, 2007 1:59pm
good 'bounce' in the late evening session - but I'm not convinced. holding my shorts, possibly till .9750. Another bad day for the Dow also; it almost had a good one
  • #15,739
  • Jun 25, 2007 2:00pm Jun 25, 2007 2:00pm
Looks like not much action today. Well that is good, since I took the kids to a baseball game.

I'm still short @ 9965 from Friday. Looking for a pull back to the 9930 or below area.
  • #15,740
  • Jun 25, 2007 2:03pm Jun 25, 2007 2:03pm
if that's what you call a pull-back, what should i call my short positions (as above)?
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