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Cable Update (GBPUSD)

  • #63,981
  • May 2, 2008 7:13am May 2, 2008 7:13am
Quoting LuckyLurker
Closed 1 position for +112.. other is locked at PTSL 9755..
Nice move.
Expected the unexpected
  • #63,982
  • May 2, 2008 7:14am May 2, 2008 7:14am
Cable hanging tough. Refuse to break yesterday's low.
Expected the unexpected
  • #63,983
  • May 2, 2008 7:21am May 2, 2008 7:21am
Quoting scyang
Cable hanging tough. Refuse to break yesterday's low.
yep, so far.

my yesterday low is 9715...need to break it...
  • #63,984
  • May 2, 2008 7:22am May 2, 2008 7:22am
Not by a long shot
  • #63,985
  • May 2, 2008 7:23am May 2, 2008 7:23am
My stop is trailing just above the 11 SMA on the 5 min chart
  • #63,986
  • May 2, 2008 7:25am May 2, 2008 7:25am
Quoting akirax
yep, so far.

my yesterday low is 9715...need to break it...
Getting quite close.
Expected the unexpected
  • #63,987
  • May 2, 2008 7:26am May 2, 2008 7:26am
Quoting akirax
yep, so far.

my yesterday low is 9715...need to break it...
broken
  • #63,988
  • May 2, 2008 7:28am May 2, 2008 7:28am
Quoting hard1head1
Not by a long shot
Can you explain why? Thanks
  • #63,989
  • May 2, 2008 7:29am May 2, 2008 7:29am
Quoting hard1head1
Not by a long shot
Why do you say so? Does the chart have some support somewhere?
Expected the unexpected
  • #63,990
  • May 2, 2008 7:32am May 2, 2008 7:32am
Just going by whats happened in the past. I am looking for a strong finish for the dollar. I dont think 9650 is out of the question.


Quoting LePip
Can you explain why? Thanks
  • #63,991
  • May 2, 2008 7:34am May 2, 2008 7:34am
Just draw your trendlines on the 15 Min chart and as long as t stays left of the DTL, stay in.... When it breaks, get out.
  • #63,992
  • May 2, 2008 7:35am May 2, 2008 7:35am
Quoting hard1head1
Just going by whats happened in the past. I am looking for a strong finish for the dollar. I dont think 9650 is out of the question.
Hope you are right. Got in short at a very low level.
Expected the unexpected
  • #63,993
  • May 2, 2008 7:35am May 2, 2008 7:35am
Long here 1.9726...... Let's see, Maybe only monday
  • #63,994
  • May 2, 2008 7:35am May 2, 2008 7:35am
Example
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  • #63,995
  • May 2, 2008 7:38am May 2, 2008 7:38am
Quoting DJ4x
Long here 1.9726...... Let's see, Maybe only monday
May not get that high today, but based on past couple of days, there is a good chance cable will go up to at least 1.98 Monday.
Expected the unexpected
  • #63,996
  • May 2, 2008 7:45am May 2, 2008 7:45am
Quoting hard1head1
Example
Hard1Head1,

about 11SMA, is it simple or Smooth?
  • #63,997
  • May 2, 2008 7:49am May 2, 2008 7:49am
Smooth,It may bounce here


Quoting watchout4me
Hard1Head1,

about 11SMA, is it simple or Smooth?
  • #63,998
  • May 2, 2008 7:51am May 2, 2008 7:51am
Quoting hard1head1
Smooth,It may bounce here
thanks
  • #63,999
  • May 2, 2008 7:52am May 2, 2008 7:52am
Quoting hard1head1
Smooth,It may bounce here
It's going back up. Where do you say it will bounce?
Expected the unexpected
  • #64,000
  • May 2, 2008 8:03am May 2, 2008 8:03am
Well I don’t think were going lower today.
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