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Cable Update (GBPUSD)

  • #109,141
  • Jan 5, 2009 10:55am Jan 5, 2009 10:55am
Quoting Alastair
ok cool, i have 2 short posis
i pretty low down tho..
if it doesn't go your way just take the day off
  • #109,142
  • Jan 5, 2009 10:55am Jan 5, 2009 10:55am
auto news in 5 min.... g/u is getting closer and closer to break up.... I'm flat... still waiting....
DireXiv Make it happen, no one else is going to do it for you...
  • #109,143
  • Jan 5, 2009 11:00am Jan 5, 2009 11:00am
stop losses in place.
im walking away now.
Keep It Simple Stupid
  • #109,144
  • Jan 5, 2009 11:03am Jan 5, 2009 11:03am
Quoting Alastair
does any one see it coming down to 1.4520 today?
i dont see it.

it broke out of trading range on decent volume which shows interest in this breakout to continue.

just my observations.
  • #109,145
  • Jan 5, 2009 11:03am Jan 5, 2009 11:03am
Quoting Alastair
stop losses in place.
im walking away now.
sometimes thats the best thing to do, good luck!
  • #109,146
  • Jan 5, 2009 11:09am Jan 5, 2009 11:09am
Looks like it is going to move further up.
hesitate to short yet
  • #109,147
  • Jan 5, 2009 11:13am Jan 5, 2009 11:13am
Quoting Atondra
Looks like it is going to move further up.
hesitate to short yet
Short @ 1.4645.
I hope i dont regret this
  • #109,148
  • Jan 5, 2009 11:17am Jan 5, 2009 11:17am
Quoting Atondra
Short @ 1.4645.
I hope i dont regret this
I'm beginning to regret already
  • #109,149
  • Jan 5, 2009 11:19am Jan 5, 2009 11:19am
Quoting Atondra
Short @ 1.4645.
I hope i dont regret this
think you are abit in too early

just wait till 1.48 or some kind of reversal pattern to appear.
  • #109,150
  • Jan 5, 2009 11:19am Jan 5, 2009 11:19am
Quoting Atondra
I'm beginning to regret already
I really can't understand why the pound is going up...
Maybe tomorrow's data will make some sense, or will make it turn around.
  • #109,151
  • Jan 5, 2009 11:20am Jan 5, 2009 11:20am
Quoting Atondra
I'm beginning to regret already
Always keep an eye on eurgbr while trading cable buddy
  • #109,152
  • Jan 5, 2009 11:20am Jan 5, 2009 11:20am
really duno what really happening to GBP, = ="
  • #109,153
  • Jan 5, 2009 11:20am Jan 5, 2009 11:20am
Quoting lexazver
think you are abit in too early

just wait till 1.48 or some kind of reversal pattern to appear.

1.4680 could be area of resistance though, if it doesnt rocket through it then we should see nice pullback.
  • #109,154
  • Jan 5, 2009 11:24am Jan 5, 2009 11:24am
is it turning down now? = ="
  • #109,155
  • Jan 5, 2009 11:25am Jan 5, 2009 11:25am
Quoting Atondra
I'm beginning to regret already
Phewww.....she has stop rising and retreating slowly.
Got my heart pumping hard just now
  • #109,156
  • Jan 5, 2009 11:28am Jan 5, 2009 11:28am
Well its been a great start to the New Year.. I just closed a long from 1.4520 at 1.4640 and reversed short at 1.4665 mainly because of the h4 50ema... First target is 4530 area... Watching it closely....:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 26 KB
Patience + Discipline - Greed = Success
  • #109,157
  • Jan 5, 2009 11:30am Jan 5, 2009 11:30am
i am short since 1.4554 without any stop losses nad its going up and up without any stop.Dont know what will happen.
  • #109,158
  • Jan 5, 2009 11:32am Jan 5, 2009 11:32am
There she goes again....damned
  • #109,159
  • Jan 5, 2009 11:34am Jan 5, 2009 11:34am
on my charts she's full long now... but the h4 may have some strong resistance to break through (h4 ichi cloud)... i wouldn't be hoping it makes it back to 1.4650 anytime soon... just my opinion.

edit: still not taking trades long.. just "think" it's going higher so far.

Quoting ammarmemon
i am short since 1.4554 without any stop losses nad its going up and up without any stop.Dont know what will happen.
DireXiv Make it happen, no one else is going to do it for you...
  • #109,160
  • Jan 5, 2009 11:35am Jan 5, 2009 11:35am
damn,its going up and up.Hope it comes back soon before my position gets auto closed
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