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Cable Update (GBPUSD)

  • #23,001
  • Aug 8, 2007 6:51am Aug 8, 2007 6:51am
Quoting KudzuFX
Can you say wristwatch?
lol. it's easyer to have it in front of my eyes, then to calculate time 3 different cities (tokyo, new-york, london)

Thx for your answers
"Abandon all hope, you who enter here" La Divina Commedia, Dante Alighieri
  • #23,002
  • Aug 8, 2007 6:54am Aug 8, 2007 6:54am
that interest hike before the year is over, isnt that old news?
  • #23,003
  • Aug 8, 2007 6:55am Aug 8, 2007 6:55am
Ok lets play a new game cover them longs
"Millionaires don't use astrology, billionaires do"
  • #23,004
  • Aug 8, 2007 6:55am Aug 8, 2007 6:55am
ermmm... looks like cable is going back north.. maybe correction already ended... traders already back to their senses... long gu long!
  • #23,005
  • Aug 8, 2007 6:56am Aug 8, 2007 6:56am
Quoting semar
lol. it's easyer to have it in front of my eyes, then to calculate time 3 different cities (tokyo, new-york, london)

Thx for your answers
This is what you need , it shows time of all markets, and if they're open/close and how much left till open/close and which markets are overlaping.
hope you like it

http://widgets.yahoo.com/gallery/view.php?widget=40896
  • #23,006
  • Aug 8, 2007 7:02am Aug 8, 2007 7:02am
Quoting zoheir
This is what you need , it shows time of all markets, and if they're open/close and how much left till open/close and which markets are overlaping.
hope you like it

http://widgets.yahoo.com/gallery/view.php?widget=40896
thats one fantastic widget
  • #23,007
  • Aug 8, 2007 7:04am Aug 8, 2007 7:04am
Quoting VEC
thats one fantastic widget
it sure is, can't live witjout it
  • #23,008
  • Aug 8, 2007 7:10am Aug 8, 2007 7:10am
little more plz
god bless you mr king
go G/U,G/J,G/CHF
  • #23,009
  • Aug 8, 2007 7:10am Aug 8, 2007 7:10am
0347 reaching for the stars... not opening anymore long positions at this time.. this might be the top for today

short?
  • #23,010
  • Aug 8, 2007 7:11am Aug 8, 2007 7:11am
retracement will kick in soon
Trade what you see, not what you think.
  • #23,011
  • Aug 8, 2007 7:13am Aug 8, 2007 7:13am
Quoting Tatton
0347 reaching for the stars... not opening anymore long positions at this time.. this might be the top for today

short?
Fast LONG EUR/USD
  • #23,012
  • Aug 8, 2007 7:15am Aug 8, 2007 7:15am
I am Long Cable Long
  • #23,013
  • Aug 8, 2007 7:25am Aug 8, 2007 7:25am
Quoting karmostaji
retracement will kick in soon
You are right I think. Both euro and cable are at 61.8 fibs right now, and (on a sidenote) UJ is in a resistance minefielf with standard deviation bands being close as well. I just shorted UJ, will wait a few hours to see what happens to the other majors.

Good luck.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #23,014
  • Aug 8, 2007 7:28am Aug 8, 2007 7:28am
Wow - what a rally, 194 pips since the 2:15 edt low. Its just got held at the M3 mid point - also around the 61.8% retrace of the last larger fall from Mondayīs high. Will this hold, or is it on to R2 at 0395? - thatīs also the 78.6 fibbo.
Trading Levels with WRBs
  • #23,015
  • Aug 8, 2007 7:34am Aug 8, 2007 7:34am
Very unusual for Cable this days. A 200 pips day. I wish we can see this every day. Thatīs why Iīm trading more EUR/JPY than cable.
Johann Channels and cycles are everything
  • #23,016
  • Aug 8, 2007 7:36am Aug 8, 2007 7:36am
Quoting Plutonite
You are right I think. Both euro and cable are at 61.8 fibs right now, and (on a sidenote) UJ is in a resistance minefielf with standard deviation bands being close as well. I just shorted UJ, will wait a few hours to see what happens to the other majors.

Good luck.
both have breached 61.8% now. both have broken short term trendlines.

is the correction over?
  • #23,017
  • Aug 8, 2007 7:42am Aug 8, 2007 7:42am
Quoting VEC
both have breached 61.8% now. both have broken short term trendlines.

is the correction over?
Patience..I would definitely not buy now, and would stay out for a couple hours before selling.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #23,018
  • Aug 8, 2007 7:44am Aug 8, 2007 7:44am
Quoting Tragapips
Very unusual for Cable this days. A 200 pips day. I wish we can see this every day. Thatīs why Iīm trading more EUR/JPY than cable.
300 pips is not impossible today but there is only small probability
  • #23,019
  • Aug 8, 2007 7:47am Aug 8, 2007 7:47am
Quoting Plutonite
Patience..I would definitely not buy now, and would stay out for a couple hours before selling.
i agree.

though, chf looks ripe for a south goin move also.
  • #23,020
  • Aug 8, 2007 7:47am Aug 8, 2007 7:47am
amazing rally in futures 218 points
"Millionaires don't use astrology, billionaires do"
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