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Cable Update (GBPUSD)

  • #16,401
  • Jun 29, 2007 7:00am Jun 29, 2007 7:00am
Quoting froland
Long Cable long
I am out my 2.0050 target was reached
TRADE LIKE A MACHINE!
  • #16,402
  • Jun 29, 2007 7:04am Jun 29, 2007 7:04am
Quoting froland
I am out my 2.0050 target was reached
Am I alone now?
  • #16,403
  • Jun 29, 2007 7:06am Jun 29, 2007 7:06am
Still in from 1.9844. Holding over the weekend.
  • #16,404
  • Jun 29, 2007 7:06am Jun 29, 2007 7:06am
Quoting cesarnc
Am I alone now?
what's your target cesar?
  • #16,405
  • Jun 29, 2007 7:07am Jun 29, 2007 7:07am
Quoting WTB
So what? why should a resistance above make it turn upside down?
Last time when it reached 2.0133 on 18th of April, there was a Major Resistance at this level which it hasn't enough power to break it, and that it went upside down then tried to go up again but faced a resistance @ 2.0095, so it went down and it tried to go up again and it faced another resistance @ 2.0075, which forced it to go down, and it kept on going down till it reach 1.9621
So if is has enough power to break all the resistance it is facing in this area, so it will continue moving upwards, if not, it will make a U turn and go back try finding another area to play in, and the battle this time will be with the support
  • #16,406
  • Jun 29, 2007 7:07am Jun 29, 2007 7:07am
Quoting pino2
It will, there is resistance at 2.0075 & 2.0095 & Major resistance @ 2.0135
and i don't know why Bravado still didn't call the trend to go down as promised!
just here for entertainment atm.

news out in about .5 hr.
BAM BAM BOOM! -bravado
  • #16,407
  • Jun 29, 2007 7:09am Jun 29, 2007 7:09am
Quoting pablorpl
what's your target cesar?
Want to see action in the vicinities of previous toppish 0072, which is close to daily R3 (0080).

All USD pairs are breaking or threatening R3.

Actually Euro is trying to crack it right now.
  • #16,408
  • Jun 29, 2007 7:11am Jun 29, 2007 7:11am
Quoting pino2
Last time when it reached 2.0133 on 18th of April, there was a Major Resistance at this level which it hasn't enough power to break it, and that it went upside down then tried to go up again but faced a resistance @ 2.0095, so it went down and it tried to go up again and it faced another resistance @ 2.0075, which forced it to go down, and it kept on going down till it reach 1.9621
So if is has enough power to break all the resistance it is facing in this area, so it will continue moving upwards, if not, it will make a U turn and go back try finding another area to play in, and the battle this time will be with the support
You said "it will (go down)". I agree on the 2.0133 high for the year being a tough nut to crack, but I see no reason for it to categorically "it will" turn around from there.
  • #16,409
  • Jun 29, 2007 7:11am Jun 29, 2007 7:11am
http://www.forexfactory.com/showpost...ostcount=16043

http://www.forexfactory.com/showpost...ostcount=16044
BAM BAM BOOM! -bravado
  • #16,410
  • Jun 29, 2007 7:12am Jun 29, 2007 7:12am
Quoting cesarnc

All USD pairs are breaking or threatening R3.
Yen exception, which denotes risk aversion theme ending.
  • #16,411
  • Jun 29, 2007 7:18am Jun 29, 2007 7:18am
I see you in hell
Attached Image
  • #16,412
  • Jun 29, 2007 7:22am Jun 29, 2007 7:22am
watch that sl pino2 just in case.
BAM BAM BOOM! -bravado
  • #16,413
  • Jun 29, 2007 7:24am Jun 29, 2007 7:24am
Quoting bravado
watch that sl pino2 just in case.
prices are almost near to my SL 2.0063
  • #16,414
  • Jun 29, 2007 7:40am Jun 29, 2007 7:40am
CīMON!!!!!!!!!!!!!!!

http://www.royal-navy.mod.uk/upload/...0/tomahawk.jpg
  • #16,415
  • Jun 29, 2007 7:43am Jun 29, 2007 7:43am
There are the BUYERS above 0055

http://www.cps.gov.on.ca/french/ev10000/ev10703.jpg
  • #16,416
  • Jun 29, 2007 7:44am Jun 29, 2007 7:44am
No enough fuel
  • #16,417
  • Jun 29, 2007 7:44am Jun 29, 2007 7:44am
rocket was with usdcad today. took long. currently up 140+ pips on it.

yet another great week.
BAM BAM BOOM! -bravado
  • #16,418
  • Jun 29, 2007 7:46am Jun 29, 2007 7:46am
a trader.

bravado. such as myself.
BAM BAM BOOM! -bravado
  • #16,419
  • Jun 29, 2007 7:47am Jun 29, 2007 7:47am
i don't think cable is done for today yet.
BAM BAM BOOM! -bravado
  • #16,420
  • Jun 29, 2007 7:55am Jun 29, 2007 7:55am
here comes the cable.
BAM BAM BOOM! -bravado
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