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Cable Update (GBPUSD)

  • #28,781
  • Sep 4, 2007 7:21am Sep 4, 2007 7:21am
i will close my short at 2.0070-50 area and go long from there..
"Invest With The Insiders, Not The Masses" George Muzea
  • #28,782
  • Sep 4, 2007 7:22am Sep 4, 2007 7:22am
long at 2.0105
  • #28,783
  • Sep 4, 2007 7:24am Sep 4, 2007 7:24am
The next key is 2.0018, if reached and broken I'll place as much short trades as I could, first target 1.9965
  • #28,784
  • Sep 4, 2007 7:25am Sep 4, 2007 7:25am
as I have mentioned 1 hour ago - Cable below 2.01
  • #28,785
  • Sep 4, 2007 7:28am Sep 4, 2007 7:28am
I just came back from a meeting and WTF.
.
  • #28,786
  • Sep 4, 2007 7:29am Sep 4, 2007 7:29am
Quoting pino2
I now have short trade @ 2.0121, first figure to watch is the breachhhhh of 2.0094
I placed SL @ 2.0121, if reached, will check what to do next
  • #28,787
  • Sep 4, 2007 7:30am Sep 4, 2007 7:30am
i prefer to watch cable bounce to 2.0128....
"short" time's over...
now long cable long ....

long at 2.0100 tp 2.0125 scalper takes time for now..
To be or not to be, that's the question
  • #28,788
  • Sep 4, 2007 7:30am Sep 4, 2007 7:30am
Thank God, we have finally seen some action today, I was getting soooo bored today with the sideways and congestion movements.

In short, not a bad day.

Hello World!
  • #28,789
  • Sep 4, 2007 7:35am Sep 4, 2007 7:35am
I closed my short trade 2.0121 @ 2.0090 (+27 pips)
  • #28,790
  • Sep 4, 2007 7:35am Sep 4, 2007 7:35am
Quoting hoezhiens
i prefer to watch cable bounce to 2.0128....
"short" time's over...
now long cable long ....

long at 2.0100 tp 2.0125 scalper takes time for now..
Have fun.
.
  • #28,791
  • Sep 4, 2007 7:36am Sep 4, 2007 7:36am
I mentioned something upward "pointing triangle" and "trend continuation pattern" . This last bit was down. Trend 2.06 or whatever!!!
.
  • #28,792
  • Sep 4, 2007 7:37am Sep 4, 2007 7:37am
Many signs today were showing to short, but still my bias is to long, that's why I closed my short trade, I might be wrong
  • #28,793
  • Sep 4, 2007 7:40am Sep 4, 2007 7:40am
Quoting pino2
Many signs today were showing to short, but still my bias is to long, that's why I close my short trade
This is the typical "I cannot believe thing". The "I marry my bias" thing.
My target 1.9900. I will have fun too.
.
  • #28,794
  • Sep 4, 2007 7:44am Sep 4, 2007 7:44am
i don't think it will break 1.9900 according to my analysis the lowest can go only until 2.0050 or 2.0040

Quoting bullrock
This is the typical "I cannot believe thing". The "I marry my bias" thing.
My target 1.9900. I will have fun too.
"Invest With The Insiders, Not The Masses" George Muzea
  • #28,795
  • Sep 4, 2007 7:46am Sep 4, 2007 7:46am
Until proven false, this is a breakout from the triangle we were in. There is no way we can call "down side is over". Not right now...

Hey, I was the King of the Falling Knife Catchers here... No WAY I'm buying this f'n pair today. I'm actually biased to add to shorts on pullbacks, maybe tomorrow...

Upside now only if above the raped trendline, bringing apology flowers.
  • #28,796
  • Sep 4, 2007 7:48am Sep 4, 2007 7:48am
now it is time - in some time of course to bounce back

cable will again go up

question is when - surely today
  • #28,797
  • Sep 4, 2007 7:51am Sep 4, 2007 7:51am
  • #28,798
  • Sep 4, 2007 7:51am Sep 4, 2007 7:51am
Now a resistance was formed around 2.010x area, and for further up move, we need to see 2.0160 again
  • #28,799
  • Sep 4, 2007 7:51am Sep 4, 2007 7:51am
Might be today before ISM or after ISM

Quoting FxLuke
now it is time - in some time of course to bounce back

cable will again go up

question is when - surely today
"Invest With The Insiders, Not The Masses" George Muzea
  • #28,800
  • Sep 4, 2007 7:52am Sep 4, 2007 7:52am
Quoting cesarnc
Until proven false, this is a breakout from the triangle we were in. There is no way we can call "down side is over". Not right now...

Hey, I was the King of the Falling Knife Catchers here... No WAY I'm buying this f'n pair today. I'm actually biased to add to shorts on pullbacks, maybe tomorrow...

Upside now only if above the raped trendline, bringing apology flowers.
i have to agree, this breakout down could be huge.
If I Go Broke Trying Then I Will die happy.
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