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Cable Update (GBPUSD)

  • #20,981
  • Jul 25, 2007 2:20am Jul 25, 2007 2:20am
YO-YO performance for the last 2 hours.

Nicer action waiting when NY trader enters.
  • #20,982
  • Jul 25, 2007 2:31am Jul 25, 2007 2:31am
Short since 605.
Tracking for a good time to bail out.
Chances favour the prepared.
  • #20,983
  • Jul 25, 2007 2:33am Jul 25, 2007 2:33am
Quoting Alfa159
I will wait until 2.0573-74 and than go long. I can see the pair touching that level first.

currently price is 2.0574 are you take this for long now?
  • #20,984
  • Jul 25, 2007 2:33am Jul 25, 2007 2:33am
Not sure bout going long rite now. H4 shows lower highs and lower lows for few bars.. D1 also showing like a PB (although not a good one).. We might see another retracement from the long run.. Currently joining cesarnc on the short side..
  • #20,985
  • Jul 25, 2007 2:40am Jul 25, 2007 2:40am
Quoting fxwarlock
currently price is 2.0574 are you take this for long now?
actually yeah I am long now from that price... Aiming 2.0600 and if can be breached 2.0639
if the pair closes below 2.0565 with few pips... I might consider quiting depending on the situation.
  • #20,986
  • Jul 25, 2007 2:43am Jul 25, 2007 2:43am
Quoting dd33
Not sure bout going long rite now. H4 shows lower highs and lower lows for few bars.. D1 also showing like a PB (although not a good one).. We might see another retracement from the long run.. Currently joining cesarnc on the short side..
not my most confident long position... but i am not having strong sell signals as well...
Though i have a tight stop loss as you can see.
  • #20,987
  • Jul 25, 2007 2:45am Jul 25, 2007 2:45am
Quoting Alfa159
actually yeah I am long now from that price... Aiming 2.0600 and if can be breached 2.0639
if the pair closes below 2.0565 with few pips... I might consider quiting depending on the situation.

how to get access in your website?
  • #20,988
  • Jul 25, 2007 2:46am Jul 25, 2007 2:46am
Quoting fxwarlock
how to get access in your website?
check www.ardacapital.com

Today I only updated Eurusd and Gbpusd
  • #20,989
  • Jul 25, 2007 2:53am Jul 25, 2007 2:53am
Close below 80 will provide a good breakout for shorts.
  • #20,990
  • Jul 25, 2007 2:55am Jul 25, 2007 2:55am
Nice 40 pips drop........ come on, move to 500!
  • #20,991
  • Jul 25, 2007 2:57am Jul 25, 2007 2:57am
Euro dropping like a rock, the greenback buyback.
Just Trade It
  • #20,992
  • Jul 25, 2007 3:00am Jul 25, 2007 3:00am
its a sell, i expect it to retrace to 23.6 fibo (low high huge move) before the rate hike next week...bearish on pound as well, also throu growth.
its just money
  • #20,993
  • Jul 25, 2007 3:01am Jul 25, 2007 3:01am
Quoting zamans98
Nice 40 pips drop........ come on, move to 500!
What goes up, will come down...
.
  • #20,994
  • Jul 25, 2007 3:06am Jul 25, 2007 3:06am
Quoting bullrock
What goes up, will come down...
Yes, it is. Looking at .500 for small lot LONG - for TODAY only (will UP when US news release, widely speculated for being bad data)
  • #20,995
  • Jul 25, 2007 3:07am Jul 25, 2007 3:07am
Quoting zamans98
Nice 40 pips drop........ come on, move to 500!
what will you plan for gbp if catched the price of 2.0500?... are you will going long?
  • #20,996
  • Jul 25, 2007 3:11am Jul 25, 2007 3:11am
Quoting zamans98
Yes, it is. Looking at .500 for small lot LONG - for TODAY only (will UP when US news release, widely speculated for being bad data)
SPECULATED.... Well my TA analysis shows a correction and a target of 2.0400-2.03600. So I short no matter what....
.
  • #20,997
  • Jul 25, 2007 3:17am Jul 25, 2007 3:17am
I go LONG now
Give me patience
  • #20,998
  • Jul 25, 2007 3:18am Jul 25, 2007 3:18am
closed my long position with -9 pips... Opened short 2.0560... 2.0543 support is risky though.
  • #20,999
  • Jul 25, 2007 3:19am Jul 25, 2007 3:19am
Quoting Bullfx
I go LONG now
Have fun...
.
  • #21,000
  • Jul 25, 2007 3:21am Jul 25, 2007 3:21am
Testing .0550 support rite now.. Might be a good place to buy dips..
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