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Cable Update (GBPUSD)

  • #68,221
  • May 29, 2008 12:37am May 29, 2008 12:37am
Quoting asyed4
I think your roller coster is going in the wrong direction and we will see in 31 minutes because the map of the park will tell you (The news expectation is going towards green and the current price is already close to pivot point. So that means the news would be good at 2:00 am eastern time and that is why the current price is in at low, so it would go up and up after the news.

Pivot: 1.9735

Our preference: Long positions above 1.9735 with targets @ 1.985 & 1.99 in extension.

Alternative scenario: Below 1.9735 look for further downside with 1.9704 & 1.9665 as targets.

Comment: intraday technical indicators are mixed to bullish.
you long?
If I Go Broke Trying Then I Will die happy.
  • #68,222
  • May 29, 2008 12:38am May 29, 2008 12:38am
Quoting Carrera
No puke allow in this ride.

See, you make me mad already scyang.
Ok ok, I will try to suck it up. =))
Expected the unexpected
  • #68,223
  • May 29, 2008 12:38am May 29, 2008 12:38am
Quoting Moe
you long?
Not yet and I will be at 2:00 am because the current rate is very close to the pivot point 1.9735 and this is a very good hint that the news would be good and good.......
  • #68,224
  • May 29, 2008 12:39am May 29, 2008 12:39am
Quoting Malaysia
This is what I am talking about....

http://www.dlscouts.ie/images/oblivion.gif
http://05038.06br.thinkquest.nl/oblivion9.jpg
http://www.mouseplanet.com/more/alto...s_oblivion.jpg

mooommmmm....
  • #68,225
  • May 29, 2008 12:41am May 29, 2008 12:41am
So Cool. I'd love to ride that ride.
  • #68,226
  • May 29, 2008 12:45am May 29, 2008 12:45am
I am sort again small target

http://i31.tinypic.com/4s04ep.jpg

Keep Learning and you'll get what you want...
  • #68,227
  • May 29, 2008 12:47am May 29, 2008 12:47am
falls out ...............right at support though.
  • #68,228
  • May 29, 2008 12:49am May 29, 2008 12:49am
...!
  • #68,229
  • May 29, 2008 12:49am May 29, 2008 12:49am
Quoting asyed4
I think your roller coster is going in the wrong direction and we will see in 31 minutes because the map of the park will tell you (The news expectation is going towards green and the current price is already close to pivot point. So that means the news would be good at 2:00 am eastern time and that is why the current price is in at low, so it would go up and up after the news.

Pivot: 1.9735

Our preference: Long positions above 1.9735 with targets @ 1.985 & 1.99 in extension.

Alternative scenario: Below 1.9735 look for further downside with 1.9704 & 1.9665 as targets.

Comment: intraday technical indicators are mixed to bullish.
Uik... I got Daily Pivot at 1.9780.
1.9735 is my Daily S1... can be the 1st target for those with multiple shorts.
Anyway... already moved down my SL to 5 pips on the Green. On the save side already

T.A.Y.O.R!!!
Attached Image (click to enlarge)
Click to Enlarge Name: chart1340.PNG Size: 85 KB
  • #68,230
  • May 29, 2008 12:50am May 29, 2008 12:50am
what do you thing moe...
Keep Learning and you'll get what you want...
  • #68,231
  • May 29, 2008 12:52am May 29, 2008 12:52am
I just wonder if there is any leaked news, been bad to cable. hmm
  • #68,232
  • May 29, 2008 12:53am May 29, 2008 12:53am
Quoting MasAdhi
what do you thing moe...
I would suggest you to lookup the news at 2:00 am: 2 seconds eastern zone and if the news would be good then close your position and put your car in your reverse direction I mean go for long.....

Thanks,
Alqaz Syed.
  • #68,233
  • May 29, 2008 12:53am May 29, 2008 12:53am
...take in 75% of the lot size after 50 pips,the rest can ride wherever
  • #68,234
  • May 29, 2008 12:58am May 29, 2008 12:58am
Quoting asyed4
I would suggest you to lookup the news at 2:00 am: 2 seconds eastern zone and if the news would be good then close your position and put your car in your reverse direction I mean go for long.....

Thanks,
Alqaz Syed.

Thanks Will see.....
Keep Learning and you'll get what you want...
  • #68,235
  • May 29, 2008 1:01am May 29, 2008 1:01am
Quoting MasAdhi
Thanks Will see.....
oH MY GOD NEWS IS WORSE THAN EXPECTED. GUYS GO FOR SHORT SHORT SHORT
  • #68,236
  • May 29, 2008 1:02am May 29, 2008 1:02am
Quoting Carrera
I just wonder if there is any leaked news, been bad to cable. hmm
2:00pm GBP http://www.forexfactory.com/images/m...mpact_high.gif Nationwide House Prices m/m -2.5% -0.5% -1.1%

It seems so
  • #68,237
  • May 29, 2008 1:02am May 29, 2008 1:02am
wow
-2.5
i never thought UK was in that much trouble
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,238
  • May 29, 2008 1:02am May 29, 2008 1:02am
...good thursday indeed!
  • #68,239
  • May 29, 2008 1:04am May 29, 2008 1:04am
9700
most important support
lets see if it can brake it
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,240
  • May 29, 2008 1:05am May 29, 2008 1:05am
Quoting salah k.
9700
most important support
lets see if it can brake it
Lets Free falllllllllllll........any bags.... need bags....
Keep Learning and you'll get what you want...
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