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Cable Update (GBPUSD)

  • #21,341
  • Jul 26, 2007 7:46am Jul 26, 2007 7:46am
Quoting pinchapip
nosedive cable...come on...nosedive.....
Its coming, its coming... in next 15m maybe?
  • #21,342
  • Jul 26, 2007 7:48am Jul 26, 2007 7:48am
Quoting ltklev
Canadian rocks today! Which makes me wonder why on earth did I close my long position before it happened!

Dont sweat it, you will get another chance to load up on pullback, there is gotta be another 7-20 cents left in it me thinks
"Millionaires don't use astrology, billionaires do"
  • #21,343
  • Jul 26, 2007 7:50am Jul 26, 2007 7:50am
possible pin forming on cable and euro. of course, we gotta see where the next hr candle opens.
c'mon...make my day!
  • #21,344
  • Jul 26, 2007 7:52am Jul 26, 2007 7:52am
I had a feeling in my gut this morning that those yuppies in NY would somehow fix the cable...darn Yankees they are the scum of the earth !!!!
For he that would be deceived, let him.
  • #21,345
  • Jul 26, 2007 7:54am Jul 26, 2007 7:54am
I've got a nice short rolling from 20535 on GU. Disappointed that it's floated back up to 20475. Hopefully some good news for the USD tomorrow can make it drift sub 20400 in time for the weekend.

Just shorted NZD/USD.

I feel the bears knock knocking at my door.
  • #21,346
  • Jul 26, 2007 8:00am Jul 26, 2007 8:00am
Euro dropping!
Just Trade It
  • #21,347
  • Jul 26, 2007 8:01am Jul 26, 2007 8:01am
Quoting AndyPass
I've got a nice short rolling from 20535 on GU. Disappointed that it's floated back up to 20475. Hopefully some good news for the USD tomorrow can make it drift sub 20400 in time for the weekend.

Just shorted NZD/USD.

I feel the bears knock knocking at my door.
The daily chart shows in that direction... anyway...
.
  • #21,348
  • Jul 26, 2007 8:05am Jul 26, 2007 8:05am
Quoting AndyPass
shorted NZD/USD.
interesting.
BAM BAM BOOM! -bravado
  • #21,349
  • Jul 26, 2007 8:07am Jul 26, 2007 8:07am
Dow down -190
  • #21,350
  • Jul 26, 2007 8:08am Jul 26, 2007 8:08am
Quoting bullrock
The daily chart shows in that direction... anyway...
Never can tell with fx though. There's always the chance of a nasty surprise around the corner.
  • #21,351
  • Jul 26, 2007 8:09am Jul 26, 2007 8:09am
Damm bulls GO HOME, its time for the bears to come out of hibernation.
Just Trade It
  • #21,352
  • Jul 26, 2007 8:10am Jul 26, 2007 8:10am
Quoting bravado
interesting.
Yep. At 7925. I'm hoping to get down towards 7730.
  • #21,353
  • Jul 26, 2007 8:16am Jul 26, 2007 8:16am
Quoting pinchapip
nosedive cable...come on...nosedive.....
Funny... Sometimes I get the feeling I'm in a horse race track in this forum
  • #21,354
  • Jul 26, 2007 8:21am Jul 26, 2007 8:21am
wow G/J 400 pips down today, is it another one of them correctional moves we've seen in february
  • #21,355
  • Jul 26, 2007 8:22am Jul 26, 2007 8:22am
Quoting bravado
interesting.
I must ask though - do you know anything different? I'm quite new to this, and would appreciate advice if you have it.
  • #21,356
  • Jul 26, 2007 8:29am Jul 26, 2007 8:29am
Quoting AndyPass
I must ask though - do you know anything different? I'm quite new to this, and would appreciate advice if you have it.
interesting because you picked a good spot to trade.
either long or short, you'll do with stop loss in place.

i would go long here but being cautious due to unwind.
BAM BAM BOOM! -bravado
  • #21,357
  • Jul 26, 2007 8:34am Jul 26, 2007 8:34am
Quoting ratman
I am also considering that this is good price to short cad now, but lets wait and see if bulls have lost momentum
good area to short. i would put a tight stop loss.
BAM BAM BOOM! -bravado
  • #21,358
  • Jul 26, 2007 8:36am Jul 26, 2007 8:36am
currently nzdusd @ .7904. usdcad @ 1.0511.
BAM BAM BOOM! -bravado
  • #21,359
  • Jul 26, 2007 8:36am Jul 26, 2007 8:36am
Quoting ratman
I am also considering that this is good price to short cad now, but lets wait and see if bulls have lost momentum

if the pair closes below 1.0500 in 20 minutes... I am so shorting this pair... But as bravado said with a tight stop in my mind.
  • #21,360
  • Jul 26, 2007 8:37am Jul 26, 2007 8:37am
1. Hit of the trendline (3rd)
2. Pulled back over the EMA(10)
I am long.. Buy dip...
.
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