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Cable Update (GBPUSD)

  • #112,941
  • Jan 20, 2009 2:09am Jan 20, 2009 2:09am
i think UK data was allready played there... i would say 126.50 for GJ and 1.4050 for GU
CrizZzZzZzZz
  • #112,942
  • Jan 20, 2009 2:10am Jan 20, 2009 2:10am
Morning everyone glad i wasnt in a trade last night ive just come back to see the arse has fallen out of cable!!

Its off my chart so i havent got a clue
  • #112,943
  • Jan 20, 2009 2:10am Jan 20, 2009 2:10am
Quoting Vourvoul
Hey Guys.

This is what I am looking at thinking that it needs to play out at some point.

Will be looking for longs at around 1.4030 historical support.
we'll see, sir
  • #112,944
  • Jan 20, 2009 2:10am Jan 20, 2009 2:10am
my TP 1.403 + spread for this day
you ??
  • #112,945
  • Jan 20, 2009 2:15am Jan 20, 2009 2:15am
Broke 1.4100.
Where now ?
  • #112,946
  • Jan 20, 2009 2:17am Jan 20, 2009 2:17am
Sure looks like the GBP is thinking about a serious assault on the 1.41 level. It gave it a little test and now it's waiting to break it.

JMHO
  • #112,947
  • Jan 20, 2009 2:17am Jan 20, 2009 2:17am
Is it possible that the short bus on the gbp and eur tour
is running out of gas??? Will they fill their tanks at news time?
Or the will the pumps be empty and everyone will have to jump
on the long bus???
Probably not - wedding hasn't been held yet, so honeymoon
has yet to start.

getting tired of scalping - but at least getting a few here and there
wake me when when the bus shows up going north bound or at least
east bound

doji's on both on the 15's on my road map
  • #112,948
  • Jan 20, 2009 2:23am Jan 20, 2009 2:23am
Quoting SmoothTrader
Sure looks like the GBP is thinking about a serious assault on the 1.41 level. It gave it a little test and now it's waiting to break it.

JMHO
Looks like it gonna break it and down she goes but i not going to short at this level
  • #112,949
  • Jan 20, 2009 2:27am Jan 20, 2009 2:27am
800 pips drop in 2 days.
Will there be more to come?
  • #112,950
  • Jan 20, 2009 2:30am Jan 20, 2009 2:30am
It broke 1.41 and came back to test it but the selling just keeps coming. I would say that 1.40 will be a much more significant level since it is a nice round number.
  • #112,951
  • Jan 20, 2009 2:33am Jan 20, 2009 2:33am
500 pts for daily at 1.3941 will continued to 650 PTS ?
The Ottelo way's find the mutual system to wins
  • #112,952
  • Jan 20, 2009 2:34am Jan 20, 2009 2:34am
Quoting SmoothTrader
It broke 1.41 and came back to test it but the selling just keeps coming. I would say that 1.40 will be a much more significant level since it is a nice round number.
Just hope it rebound from here.
I just entered long at 1.4065
  • #112,953
  • Jan 20, 2009 2:37am Jan 20, 2009 2:37am
Quoting Atondra
Just hope it rebound from here.
I just entered long at 1.4065
C.. u I'm still south from that point
  • #112,954
  • Jan 20, 2009 2:40am Jan 20, 2009 2:40am
Quoting biax
C.. u I'm still south from that point
Dont really look good now tho`
  • #112,955
  • Jan 20, 2009 2:40am Jan 20, 2009 2:40am
GBP absolutely pooed on
Probability Professor
  • #112,956
  • Jan 20, 2009 2:40am Jan 20, 2009 2:40am
Quoting Atondra
Just hope it rebound from here.
I just entered long at 1.4065
I hope you get a bounce but don't let it get to far a way from you.

I have buy order in at the 1.405 level against my larger sales at 1.3985.

Here's hoping we both make pips today.
  • #112,957
  • Jan 20, 2009 2:42am Jan 20, 2009 2:42am
EUR seems to be holding better
  • #112,958
  • Jan 20, 2009 2:48am Jan 20, 2009 2:48am
1.4000 is a significant support level now.
Probability Professor
  • #112,959
  • Jan 20, 2009 2:48am Jan 20, 2009 2:48am
Sorry there no annalysis for today...
but i have already closed position. see you tomorrow
Attached Image (click to enlarge)
Click to Enlarge Name: Close.jpg Size: 16 KB
  • #112,960
  • Jan 20, 2009 2:48am Jan 20, 2009 2:48am
Abuawad where are you Bro ?
Hw Bout to day so Nice ? when it will fly
The Ottelo way's find the mutual system to wins
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Olu