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Cable Update (GBPUSD)

  • #6,901
  • Feb 23, 2007 7:22am Feb 23, 2007 7:22am
Stalling at 9620s and 5M chart about to pop out of the screen here...

but there's more coming up, no?
  • #6,902
  • Feb 23, 2007 7:24am Feb 23, 2007 7:24am
Quoting cesarnc
Stalling at 9620s and 5M chart about to pop out of the screen here...

but there's more coming up, no?

Ill say...

Its having a little rest before pushing into the 40's and then will stall at 50 which is going to be an interesting bit of resistance.. but I reckon that its had the legs to break out of the channel, it will have the legs to give us another 75 pips!!
  • #6,903
  • Feb 23, 2007 7:28am Feb 23, 2007 7:28am
Quoting cesarnc
Stalling at 9620s and 5M chart about to pop out of the screen here...

but there's more coming up, no?
9620 is a big resistance area for the pound. I think if we go up to around the 9640-50 level max and then retrace back to the 9600 area. There is a possibility if it closing right around 9590 level.
  • #6,904
  • Feb 23, 2007 7:30am Feb 23, 2007 7:30am
I was playing "Sultains of Swing" in the guitar on the waiting for this move...Don't know it the market loved it or hated it, but it moved.

Should I resume playing it?
  • #6,905
  • Feb 23, 2007 7:32am Feb 23, 2007 7:32am
Quoting cesarnc
I was playing "Sultains of Swing" in the guitar on the waiting for this move...Don't know it the market loved it or hated it, but it moved.

Should I resume playing it?

Play Play Play cesar like you've never played before!!!!!
  • #6,906
  • Feb 23, 2007 7:34am Feb 23, 2007 7:34am
Right Gentlemen.. time to see it go up!!!

You ready???
  • #6,907
  • Feb 23, 2007 7:35am Feb 23, 2007 7:35am
Took profit at 9625 and now waiting to see 1hr close. If below 9609 it will be another goddamned pin-bar and I may short the crap out of it.

Otherwise, there will be another boost up. I don't see it closing the week at this poor 9620 level. Not the Cable that I know... It will be 9666 or Johnnie Walker today
  • #6,908
  • Feb 23, 2007 7:36am Feb 23, 2007 7:36am
Quoting cesarnc
Took profit at 9625 and now waiting to see 1hr close. If below 9609 it will be another goddamned pin-bar and I may short the crap out of it.

Otherwise, there will be another boost up. I don't see it closing the week at this poor 9620 level. Not the Cable that I know... It will be 9666 or Johnnie Walker today
Johnnie Walker Red Level or Johnnie Walker Blue level

  • #6,909
  • Feb 23, 2007 7:39am Feb 23, 2007 7:39am
Lets see if can make a higher high..

Then we will know for sure what it wants to do all day
  • #6,910
  • Feb 23, 2007 7:42am Feb 23, 2007 7:42am
Quoting patricio0793
Play Play Play cesar like you've never played before!!!!!
I'm getting a "shiver in the dark" here already...
  • #6,911
  • Feb 23, 2007 7:45am Feb 23, 2007 7:45am
Try a different track... some Zeplin or something...

You choose.. but make sure its pulling the cable along with it...
  • #6,912
  • Feb 23, 2007 7:56am Feb 23, 2007 7:56am
Quoting henrycarol
If g/u later goes down 200pips, ...I just pray for those who longed.

I have my buy stops on too .

But shorted at 1.9590 already again

OUCH!!!

Just couldn't miss this little joke...
  • #6,913
  • Feb 23, 2007 8:00am Feb 23, 2007 8:00am
Talk about a shiver in the dark. I was long from 81, tp at 11, it stopped 4 pips short. Oh NO! Then came back and hit my tp. OH YESSSSSSSSS!
  • #6,914
  • Feb 23, 2007 8:00am Feb 23, 2007 8:00am
Quoting cesarnc
OUCH!!!

Just couldn't miss this little joke...


aha..Well. one thing ive learned of the last year.. the cable will always do what it wants, if you like it or not..

Long long long long....
  • #6,915
  • Feb 23, 2007 8:02am Feb 23, 2007 8:02am
Extrapollating the Asian range (excluding the push down to 534) 100% leads me to believe that 650 will cap today. I've been sitting on the sidelines for a couple of weeks now with a bearish bias. Now we have some decent price action things might get interesting. I'm looking forward to finding out whether or not the bulls will keep gaining ground. I think we can all agree that upside movement will be the more interesting scenario. Being a relatively new trader, the high 90's and $2+ is unknown territory for me.
  • #6,916
  • Feb 23, 2007 8:16am Feb 23, 2007 8:16am
Freaking Euro negotiating its pass through 3140... Too polite for all I care...
  • #6,917
  • Feb 23, 2007 8:20am Feb 23, 2007 8:20am
Darn it guys. I missed this run up!!! I woke up early enough but was running late for work and didnt get a chance to make my analysis.

And now i missed the long.

Hope ya all got in on time!

Now i need to see where price may be heading. Any ideas?
  • #6,918
  • Feb 23, 2007 8:21am Feb 23, 2007 8:21am
Quoting newjersey24
Darn it guys. I missed this run up!!! I woke up early enough but was running late for work and didnt get a chance to make my analysis.

And now i missed the long.

Hope ya all got in on time!

Now i need to see where price may be heading. Any ideas?
I see a possible reversal at 9655
  • #6,919
  • Feb 23, 2007 8:22am Feb 23, 2007 8:22am
Yes, it dithered about there did the Euro but its putting in a strong move now..

Yeehaa.. im so happy i stayed long!!

I want to finish the day off later with a big smile... and meet my friend MOET..

touch wood..
  • #6,920
  • Feb 23, 2007 8:30am Feb 23, 2007 8:30am
yea, I'm waiting for a reversal, but why at 9655? If I may ask.

It look like its going to be a LONG day for the cable.

Quoting coolhand
I see a possible reversal at 9655
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