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Cable Update (GBPUSD)

  • #73,441
  • Jun 30, 2008 9:29am Jun 30, 2008 9:29am
I think this bit$h is playing with us today. It's end of month and London is going to give it one more push up to the 1.996x level and try and end their month on a positive. Either way, cable is acting crazy today! Seems to be ranging between 1.996x and 1,993x
Just digging in the trenches like everyone else!
  • #73,442
  • Jun 30, 2008 9:43am Jun 30, 2008 9:43am
Quoting eohater
I think this bit$h is playing with us today. It's end of month and London is going to give it one more push up to the 1.996x level and try and end their month on a positive. Either way, cable is acting crazy today! Seems to be ranging between 1.996x and 1,993x

885 then 800 soon
  • #73,443
  • Jun 30, 2008 9:43am Jun 30, 2008 9:43am
Quoting Runway Trade
Whole days trading and we back in the range we started with today!?
Same over here. Go back to the origin.
  • #73,444
  • Jun 30, 2008 9:44am Jun 30, 2008 9:44am
Quoting Runway Trade
Whole days trading and we back in the range we started with today!?
we this happens for the rest of the day it will only strength the short also...might even get a doji ..and that would be great cause it will be right of resistance ..
  • #73,445
  • Jun 30, 2008 9:44am Jun 30, 2008 9:44am
Quoting warta
885 then 800 soon
That would be nice!
Just digging in the trenches like everyone else!
  • #73,446
  • Jun 30, 2008 9:46am Jun 30, 2008 9:46am
Quoting eohater
That would be nice!
again and again cable need to hit the 5sma weekly before go up
  • #73,447
  • Jun 30, 2008 9:46am Jun 30, 2008 9:46am
People holding longs --> Thought that it is a good chance to ride the rocket
People holding shorts --> Thought that it is a good chance to dive deep

It's just you people seeing things; actually, the market is there doing bungee jumping.
  • #73,448
  • Jun 30, 2008 9:48am Jun 30, 2008 9:48am
Nav-> you got it right about the downfall after third bounce from 9950. Good one. Though I missed the train
  • #73,449
  • Jun 30, 2008 9:50am Jun 30, 2008 9:50am
ok here we go
USD Est Non Mortuus
  • #73,450
  • Jun 30, 2008 9:52am Jun 30, 2008 9:52am
Quoting LuckyLurker
ok here we go
Hey LL
R u also holding shorts?
  • #73,451
  • Jun 30, 2008 9:54am Jun 30, 2008 9:54am
surely.. i've added on 2 signals now.. very clear signals.
USD Est Non Mortuus
  • #73,452
  • Jun 30, 2008 9:58am Jun 30, 2008 9:58am
Quoting LuckyLurker
surely.. i've added on 2 signals now.. very clear signals.
I cant wait to get to know what you have discovered
please let us know in the room
  • #73,453
  • Jun 30, 2008 9:58am Jun 30, 2008 9:58am
SL moved to BE now.....on first entry.....
  • #73,454
  • Jun 30, 2008 9:59am Jun 30, 2008 9:59am
u guy short on gu?what's your TP?
  • #73,455
  • Jun 30, 2008 10:04am Jun 30, 2008 10:04am
I already closed my short at 1.9907 and will short again once touches 1.9870. Just play safe, 2.5% target already reached from 37 pips.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #73,456
  • Jun 30, 2008 10:08am Jun 30, 2008 10:08am
im waiting for gu to hit either 9980 or 9850 and sell from there for some fast pips, but hoping it hits 80up 1st ill be more comfortable with the trade anyone holding shorts?
  • #73,457
  • Jun 30, 2008 10:09am Jun 30, 2008 10:09am
Quoting uncletrumpet
I cant wait to get to know what you have discovered
please let us know in the room
Price Action.
USD Est Non Mortuus
  • #73,458
  • Jun 30, 2008 10:11am Jun 30, 2008 10:11am
Yes, holding shorts based on divergence confirmed by price action....via 15M time frame (this is a detail I think too many posters neglect to share)

-Liz
There's always money in the banana stand.
  • #73,459
  • Jun 30, 2008 10:14am Jun 30, 2008 10:14am
Tested 1.9960s 3x during NY session - no dice.
Now testing 1.9890s 2x during NY session - drama unfolding.
  • #73,460
  • Jun 30, 2008 10:17am Jun 30, 2008 10:17am
Quoting LizardGizzard
Yes, holding shorts based on divergence confirmed by price action....via 15M time frame (this is a detail I think too many posters neglect to share)

-Liz
I just watch all the pretty colors!
USD Est Non Mortuus
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