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Cable Update (GBPUSD)

  • #16,101
  • Jun 27, 2007 10:40pm Jun 27, 2007 10:40pm
Quoting zamans98
wow, nice 15 pips drop....
moving back to 998x level... I thought will see 994x level but not materialised
  • #16,102
  • Jun 27, 2007 11:14pm Jun 27, 2007 11:14pm
Quoting zamans98
moving back to 998x level... I thought will see 994x level but not materialised

hey zamans98 what do you think about that 9925 as a target overnite...or into tomorrow... im trying to book 75 pips.

i think we could see a drop to this point or at least 9950.

this is like the 800th time the pair fails to lock the 2.0000 so im totally lookin at the bear gettin ready to make a move...if the move doesnt happen im have a st loss at 2.0024.
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #16,103
  • Jun 28, 2007 12:01am Jun 28, 2007 12:01am
Quoting got pips?
hey zamans98 what do you think about that 9925 as a target overnite...or into tomorrow... im trying to book 75 pips.

i think we could see a drop to this point or at least 9950.

this is like the 800th time the pair fails to lock the 2.0000 so im totally lookin at the bear gettin ready to make a move...if the move doesnt happen im have a st loss at 2.0024.

GU has been moving sideways for quite sometimes.

I will short once it reach 2.0020's area, maybe on friday it will reach that level, but i'm not placing any long at the moment.

or else will short on Friday July 6th when NFP (US) news release.
  • #16,104
  • Jun 28, 2007 12:36am Jun 28, 2007 12:36am
A few Short truck parked on highway 2.0025.
Still looking for a good truck driver to bring to highway 1.9975.
  • #16,105
  • Jun 28, 2007 1:17am Jun 28, 2007 1:17am
2.0040 .. wow

short!
  • #16,106
  • Jun 28, 2007 1:24am Jun 28, 2007 1:24am
wwaw... this thing continue to north.... -> i'm going to take a coffee ...
  • #16,107
  • Jun 28, 2007 1:33am Jun 28, 2007 1:33am
well just my thoughts, round 1 till us session dollar gets punnished and after that till FED annauncment big people will put ewerithing in order, if not today, than tomorrow
  • #16,108
  • Jun 28, 2007 1:52am Jun 28, 2007 1:52am
2 short lorry loaded, one at 2.0035 and 2.0025

Come to papa.... :
  • #16,109
  • Edited 2:09am Jun 28, 2007 1:56am | Edited 2:09am
It is the time to drive the train down the road
let's say 9950

===========================
  • #16,110
  • Jun 28, 2007 1:57am Jun 28, 2007 1:57am
For two weeks now cable continues to climb. Why anyone is trying to outguess the market and look for a top is hard to understand.


Its best to wait for a reversal or at least some kind of consolidation before attempting to go short. Unless someone is trying to get a measly 10-15 pips which is another way to lose in this game in the long run.
  • #16,111
  • Jun 28, 2007 2:05am Jun 28, 2007 2:05am
short added 2.0032
  • #16,112
  • Jun 28, 2007 2:08am Jun 28, 2007 2:08am
GBP and EUR retreat. These ccys are clearly leading the direction of the market.

What is CCY?
  • #16,113
  • Jun 28, 2007 2:08am Jun 28, 2007 2:08am
Quoting pablorpl
short added 2.0032

welcome to the club. We will see 2.0000
  • #16,114
  • Jun 28, 2007 2:09am Jun 28, 2007 2:09am
ccy is short for currency
  • #16,115
  • Jun 28, 2007 2:11am Jun 28, 2007 2:11am
Quoting zamans98
GBP and EUR retreat. These ccys are clearly leading the direction of the market.

What is CCY?
Currency - CCY

http://www.forexfactory.com/images/icons/icon14.gif
  • #16,116
  • Jun 28, 2007 2:19am Jun 28, 2007 2:19am
thanks guys.

2.0012-15 now. Let move it to 2.0000

I set my TP there for a quick 25pips...

  • #16,117
  • Jun 28, 2007 2:20am Jun 28, 2007 2:20am
Quoting ndvt241
It is the time to drive the train down the road
let's say 9950

===========================
not so fast, maybe on Friday around 9975 area.

We still have few big Cable news on the way...
  • #16,118
  • Jun 28, 2007 2:36am Jun 28, 2007 2:36am
hi
recently we have seen very good movement in all direct currency
major resistence of euro is 1.3482 , break will give 1.3646 support at 1.3310
major support for jpy is 122.08 and long term trend is bullish
major resistence in gbp at 2.0042 closing above that level will give 2.0139 support consist at 1.9890
  • #16,119
  • Jun 28, 2007 2:42am Jun 28, 2007 2:42am
my target still @ 9750 (next week)... we'll see 9870 very soon
  • #16,120
  • Jun 28, 2007 2:43am Jun 28, 2007 2:43am
very nice movement in EU
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