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Cable Update (GBPUSD)

  • #21,381
  • Jul 26, 2007 9:34am Jul 26, 2007 9:34am


USDCHF, EUR/CHF fall and GBPCHF didnt
  • #21,382
  • Jul 26, 2007 9:41am Jul 26, 2007 9:41am
Quoting cgldsmth
WTF just happened to the EURUSD?

My news service says stops were triggered big time
  • #21,383
  • Jul 26, 2007 9:49am Jul 26, 2007 9:49am
EURO-DOLLAR: Spiking through $1.3750 area as reported stops atop that
level get tripped, the supply ahead of the level seemingly absorbed with
ease. Stops atop $1.3760 also falling afoul of euro demand as the pair
takes its cue from a still falling dollar-yen with euro high prints
thus far around $1.3770.

ffs. Can't we have some order with GBP/USD happily falling back down to 20400? I wished I'd taken some profits earlier. I could've started over again at 20535.
  • #21,384
  • Jul 26, 2007 9:51am Jul 26, 2007 9:51am
GBPUSD was just stopped by SMA90 on upperside... interesting...
  • #21,385
  • Jul 26, 2007 9:56am Jul 26, 2007 9:56am
Quoting benssol
Hey BRAVADO
what you think about CHF pairs? is there is another drop or what??
i fav waiting on this pair.

looked at the chart after reading your message but no ideas.
BAM BAM BOOM! -bravado
  • #21,386
  • Jul 26, 2007 9:56am Jul 26, 2007 9:56am
Quoting dswk
GBPUSD was just stopped by SMA90 on upperside... interesting...
and there is a great bearish divergence in 30M
  • #21,387
  • Jul 26, 2007 9:58am Jul 26, 2007 9:58am
Quoting cesarnc
Poll:

What do you think of bravado's Coca-Cola-like avatar:

A. Gay
B. Gay and arrogant
C. Gay and other alternative.

I go for A.

that's why i get all the girls right?
BAM BAM BOOM! -bravado
  • #21,388
  • Jul 26, 2007 9:59am Jul 26, 2007 9:59am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
i've got a 100SMA sitting on the 61.8% fib, looking at my chart that stopped it. Also got the bearish 30min chart.

I think someone wanted to make some money before letting it drop as expected.
  • #21,389
  • Jul 26, 2007 10:01am Jul 26, 2007 10:01am
Shorted g/u at the highs.

2.0545

Going for 2.0420

No flaming on my position pls.

Was away in another city......didnt read the last few days pages.

-.-
  • #21,390
  • Jul 26, 2007 10:01am Jul 26, 2007 10:01am
Quoting bravado
i fav waiting on this pair.

looked at the chart after reading your message but no ideas.
Thnx MR.BRAVADO
  • #21,391
  • Jul 26, 2007 10:08am Jul 26, 2007 10:08am
and my scenario slowly builds up it selve, H&S on 4H
  • #21,392
  • Jul 26, 2007 10:09am Jul 26, 2007 10:09am
Quoting henrycarol
Shorted g/u at the highs.

2.0545

Going for 2.0420

No flaming on my position pls.

Was away in another city......didnt read the last few days pages.

-.-
I shorted another lot too. Long term the price is only going one way. P1ssed off it shot back so high though.
  • #21,393
  • Jul 26, 2007 10:17am Jul 26, 2007 10:17am
Quoting AndyPass
I shorted another lot too. Long term the price is only going one way. P1ssed off it shot back so high though.
I shorted more too, hope this was a chance to short higher and not a bear trap, ouch
  • #21,394
  • Jul 26, 2007 10:18am Jul 26, 2007 10:18am
Quoting AndyPass
I shorted another lot too. Long term the price is only going one way. P1ssed off it shot back so high though.
I was pissed cause I missed the short yesterday on e/u and g/u.

However caught nzd/usd short and u/cad long
  • #21,395
  • Jul 26, 2007 10:20am Jul 26, 2007 10:20am
Quoting cesarnc
Holy shit!

Dow Jones -130 at open, housing data not even out

That's gonna be one nice day to trade

More on Bloomberg.com
You were right it has been a nice day to trade whether you were short or long..

Don't you love those rollercoaster rides....this is crazy...

Took profit on a long and will sit back until tomorrow...I had enough fun for one day....
  • #21,396
  • Jul 26, 2007 10:21am Jul 26, 2007 10:21am
lets fire this market people

  • #21,397
  • Jul 26, 2007 10:21am Jul 26, 2007 10:21am
500, if it closes lower will bode well for shorts tomorrow, can't seem to hold the higher price now
  • #21,398
  • Edited 10:24am Jul 26, 2007 10:22am | Edited 10:24am
Quoting wwwin
500, if it closes lower will bode well for shorts tomorrow, can't seem to hold the higher price now
This could set up for even a wilder Asian session????

Just keep watching the euro.....
  • #21,399
  • Jul 26, 2007 10:23am Jul 26, 2007 10:23am
Quoting wwwin
500, if it closes lower will bode well for shorts tomorrow, can't seem to hold the higher price now
True. I'm pleased to see it drop back another 40-50 pips. Hopefully that's the spikes over with. Off to bed now.
  • #21,400
  • Jul 26, 2007 10:39am Jul 26, 2007 10:39am
the decline to the secondary 2.0425 downside target should complete the correction. Stay bullish for an attempt at the 2.0855 high +the potential to sustain uptrend.


 long cable long
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