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Cable Update (GBPUSD)

  • #81,701
  • Aug 12, 2008 7:59am Aug 12, 2008 7:59am
cable breaking that 8966-9025 area intraday congestion to the upside and the chart below shows it's current state of play insofar as peak/trough trend analysis is concerned...finding resistance atm at 9060/65 area ....that prev 1hr minor swing lo that coincides with the 61.8% retrace of it's intraday move down today sofar ...9120-8966,
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ex member
  • #81,702
  • Aug 12, 2008 8:04am Aug 12, 2008 8:04am
short @ 9042, sl @9063
  • #81,703
  • Aug 12, 2008 8:06am Aug 12, 2008 8:06am
Fundamentals???
Strong CPi Cable falls...
Good U.S. GDP Cable rises...

Just goes to show, the charts and London drive
the currencies not the good or bad news 90% of 'time!

-ha!
I will work to Objectively Identify my Edges
  • #81,704
  • Aug 12, 2008 8:07am Aug 12, 2008 8:07am
i'm sad looks like the cable blew up a lot of the long time posters on this thread
  • #81,705
  • Aug 12, 2008 8:12am Aug 12, 2008 8:12am
Quoting TerpFan2
Fundamentals???
Strong CPi Cable falls...
Good U.S. GDP Cable rises...

Just goes to show, the charts and London drive
the currencies not the good or bad news 90% of 'time!

-ha!
Yea, I smell something fishy here. At the moment I'm chicken out. Refuse to give back my pips to market.
Go figure.. Simplicity work
  • #81,706
  • Aug 12, 2008 8:17am Aug 12, 2008 8:17am
Quoting Bones
I smell daily pins on Eur usd & usd-chf-
and cable mabe a daily hammer or even a pin which would be great
This will be interesting. I'm a fan of PB too. Let see how it play..
Go figure.. Simplicity work
  • #81,707
  • Aug 12, 2008 8:20am Aug 12, 2008 8:20am
that was a quick -21
  • #81,708
  • Aug 12, 2008 8:24am Aug 12, 2008 8:24am
i still short cable. Anyone here with me??
  • #81,709
  • Aug 12, 2008 8:27am Aug 12, 2008 8:27am
Quoting salah k.
i thought he was joking
no joke about position............. you can check my 20 last post.......
but HIGH risk ...........
I Deeply Love My Virtual Life In Virtual World , RLC
  • #81,710
  • Aug 12, 2008 8:29am Aug 12, 2008 8:29am
Quoting Ya-Razzaq
i still short cable. Anyone here with me??
Is it for a quick in and out or what your plan ?
thanks
  • #81,711
  • Aug 12, 2008 8:31am Aug 12, 2008 8:31am
Quoting Ya-Razzaq
i still short cable. Anyone here with me??

i am with you bro
  • #81,712
  • Aug 12, 2008 8:31am Aug 12, 2008 8:31am
Im shor for a quickie
Keep It Simple Stupid
  • #81,713
  • Aug 12, 2008 8:32am Aug 12, 2008 8:32am
Good for you Tokwanden...

Get what you can, keep what you can...
i happened to get to the upside today, on Cable
(Somehow!) ! Pinbars would be nice...
Have a great one,

Jeff...
Quoting tokwanden
Yea, I smell something fishy here. At the moment I'm chicken out. Refuse to give back my pips to market.
I will work to Objectively Identify my Edges
  • #81,714
  • Aug 12, 2008 8:35am Aug 12, 2008 8:35am
Quoting Ya-Razzaq
i still short cable. Anyone here with me??
Yes, short @ 1.9055 TP1 .9015 TP2 .8995
  • #81,715
  • Aug 12, 2008 8:35am Aug 12, 2008 8:35am
Im still caught with my long at at 1.9014 thinking of take it out now.
Any opinion please ?
thanks
  • #81,716
  • Aug 12, 2008 8:38am Aug 12, 2008 8:38am
USDollar index at pretty strong TL resistance now
  • #81,717
  • Aug 12, 2008 8:39am Aug 12, 2008 8:39am
Quoting MuSaB
Yes, short @ 1.9055 TP1 .9015 TP2 .8995
i have almost the same thing... go down gbr
  • #81,718
  • Aug 12, 2008 8:44am Aug 12, 2008 8:44am
just sharing for reading pleasure.
http://www.actionforex.com/technical...2008081256067/
  • #81,719
  • Aug 12, 2008 8:45am Aug 12, 2008 8:45am
Caught with your long...

You're doing pretty good then! !

Let your winners run. you have a bunch of different
options. sell half, sell a third, move your stop a couple
pips above b/e.

But though i'm long around the same area,
I have to agree w/the crowd on holding cable
as of late.
-(Bloody hands to prove it!)-!

Best of luck and skill,

Jeff...!
Quoting fioranno599
Im still caught with my long at at 1.9014 thinking of take it out now.
Any opinion please ?
thanks
I will work to Objectively Identify my Edges
  • #81,720
  • Aug 12, 2008 8:45am Aug 12, 2008 8:45am
At the moment GBPUSD very tricky! clueless!
Anyway im still short. I have no idea where cable will go from now. Hopefully will go down.
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