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Cable Update (GBPUSD)

  • #8,221
  • Mar 13, 2007 5:29pm Mar 13, 2007 5:29pm
We're now at the 8th bearish 1hr-candle in GJ....

220+ pips gone....

Go figure...
  • #8,222
  • Mar 13, 2007 6:21pm Mar 13, 2007 6:21pm
Quoting cesarnc
We're now at the 8th bearish 1hr-candle in GJ....

220+ pips gone....

Go figure...
9th
  • #8,223
  • Mar 13, 2007 7:05pm Mar 13, 2007 7:05pm
Quoting 59fender
the pound needs to stay above 1.9269 if it can do that then 1.9350 is likely
we have a new low 1.9268 this is very bearish a test of 1.9200 seems likely
  • #8,224
  • Mar 13, 2007 7:33pm Mar 13, 2007 7:33pm
Quoting 59fender
we have a new low 1.9268 this is very bearish a test of 1.9200 seems likely
"likely" seems to be the forbidden word here... Last time I used today, was at 9350. As soon as I thought 9400 was "likely", price fell like a rock...
  • #8,225
  • Mar 13, 2007 7:39pm Mar 13, 2007 7:39pm
Anyone shorted cable?
Any views now?
  • #8,226
  • Mar 13, 2007 7:58pm Mar 13, 2007 7:58pm
Quoting cesarnc
"likely" seems to be the forbidden word here... Last time I used today, was at 9350. As soon as I thought 9400 was "likely", price fell like a rock...
we have a lower low could be considered a double bottom i would think a stop run higher to be likely if we fail to make a higher high above 1.9352 then there is a good chance we will see a another low below 1.9268
  • #8,227
  • Mar 13, 2007 8:07pm Mar 13, 2007 8:07pm
Quoting VyNNeR
Anyone shorted cable?
Any views now?
Short @ 91 stop @ 15
Target 71
  • #8,228
  • Mar 13, 2007 8:11pm Mar 13, 2007 8:11pm
Quoting rav700
Short @ 91 stop @ 15
Target 71
I'm short @ 1.9295 stop @ 1.9350 target @ 1.9184
  • #8,229
  • Mar 13, 2007 8:23pm Mar 13, 2007 8:23pm
profit from 9280 in the bank. Got another long at 9346 TP B/E.

And long Euro 3190 TP 3220

Nasty time & pack of Lucky Strike during this 9270 negotiation. wheeeeewww..
  • #8,230
  • Mar 13, 2007 8:27pm Mar 13, 2007 8:27pm
Quoting rav700
Short @ 91 stop @ 15
Target 71
Head and shoulders has formed on 15 mins
  • #8,231
  • Mar 13, 2007 8:31pm Mar 13, 2007 8:31pm
Short at 9316 stop loss 9331 take profit 9285
  • #8,232
  • Mar 13, 2007 8:37pm Mar 13, 2007 8:37pm
Quoting rav700
Head and shoulders has formed on 15 mins
Pressure seems to be mounting now
  • #8,233
  • Mar 13, 2007 8:44pm Mar 13, 2007 8:44pm
Quoting F117
Short at 9316 stop loss 9331 take profit 9285

hey
can you change your avator please?!!
  • #8,234
  • Mar 13, 2007 8:46pm Mar 13, 2007 8:46pm
Quoting rav700
Short @ 91 stop @ 15
Target 71
well there was the run on stops ouch
  • #8,235
  • Mar 13, 2007 8:48pm Mar 13, 2007 8:48pm
Profit booked...Looking to see what happens at .9271 if it holds or not...
  • #8,236
  • Mar 13, 2007 8:50pm Mar 13, 2007 8:50pm
Quoting benssol
hey
can you change your avator please?!!
done.
Relax and be happy.
  • #8,237
  • Mar 13, 2007 8:53pm Mar 13, 2007 8:53pm
Quoting rav700
Pressure seems to be mounting now
did you like my timing....
  • #8,238
  • Mar 13, 2007 8:54pm Mar 13, 2007 8:54pm
maybe a push up to 1.9329
  • #8,239
  • Mar 13, 2007 8:56pm Mar 13, 2007 8:56pm
Quoting rav700
did you like my timing....
we've all done that
  • #8,240
  • Mar 13, 2007 9:05pm Mar 13, 2007 9:05pm
9281 Long
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