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Cable Update (GBPUSD)

  • #116,781
  • Feb 1, 2009 5:34pm Feb 1, 2009 5:34pm
Quoting Chris_35
am back in the bulls corner again and looking to close the gap in asian session

I think today it might be a red day for the pound

expect a new move up tomorrow in the european session
  • #116,782
  • Feb 1, 2009 5:36pm Feb 1, 2009 5:36pm
Quoting fammira
I think today it might be a red day for the pound

expect a new move up tomorrow in the european session
i new in this thread ....how far it can go for a red day for the pound..
  • #116,783
  • Feb 1, 2009 5:39pm Feb 1, 2009 5:39pm
Quoting sahran
i new in this thread ....how far it can go for a red day for the pound..
If i say 4300, would you believe me, and trade based off what I think?
  • #116,784
  • Feb 1, 2009 5:40pm Feb 1, 2009 5:40pm
Quoting sahran
i new in this thread ....how far it can go for a red day for the pound..
look for the 1,43 - 1,435 area

that could be a possible target

anyway my crystal ball is very dirty lately
  • #116,785
  • Feb 1, 2009 5:44pm Feb 1, 2009 5:44pm
currently flat atleast till late Asia or London open. Big cable news today. I'd prefer staying flat, and I also need to figure out my MM.
  • #116,786
  • Feb 1, 2009 5:44pm Feb 1, 2009 5:44pm
Quoting fammira
pound gapped down but still looking healty

the dollar is stronger today though

there was no gap during this weekend
  • #116,787
  • Feb 1, 2009 5:47pm Feb 1, 2009 5:47pm
Quoting qweabc
If i say 4300, would you believe me, and trade based off what I think?

errr .....think but refer to chart also qweabc -


Quoting fammira
look for the 1,43 - 1,435 area

that could be a possible target

anyway my crystal ball is very dirty lately
heheeee
  • #116,788
  • Feb 1, 2009 5:49pm Feb 1, 2009 5:49pm
Quoting laromanell
there was no gap during this weekend
I had a gap on my broker (Alpari)

Friday close: 1.45382
Sunday open: 1.44350

I am hanging on to my Long for now
  • #116,789
  • Feb 1, 2009 5:50pm Feb 1, 2009 5:50pm
Quoting laromanell
there was no gap during this weekend
my bad guys, seems like my charts are screwed up, they show a gap only of 15 points
Attached Image (click to enlarge)
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  • #116,790
  • Feb 1, 2009 5:51pm Feb 1, 2009 5:51pm
Quoting sahran
errr .....think but refer to chart also qweabc -




heheeee

the retracement will push down to 61.8% or 1.4306 level..we may see it consolidate until london session..
  • #116,791
  • Feb 1, 2009 5:56pm Feb 1, 2009 5:56pm
Thank god i decided to wait to close out my short from 1.4480

should i close now or wait a lil longer?......??

whats the next support level?.....
  • #116,792
  • Feb 1, 2009 6:03pm Feb 1, 2009 6:03pm
Quoting joemiami
Thank god i decided to wait to close out my short from 1.4480

should i close now or wait a lil longer?......??

whats the next support level?.....
Joemiami...you owe me a beer
  • #116,793
  • Feb 1, 2009 6:06pm Feb 1, 2009 6:06pm
Quoting joemiami
Thank god i decided to wait to close out my short from 1.4480

should i close now or wait a lil longer?......??

whats the next support level?.....
Well, that's up to you to decide unfortunately If you MM or system or your gut feeling says close, then close. I wouldn't leave money on the table so to speak, but that's me, we all have different trading styles.

I am long still and will hold on to it as my system says so, pure mechanical.
  • #116,794
  • Feb 1, 2009 6:09pm Feb 1, 2009 6:09pm
GU will rise anytime
Attached Image (click to enlarge)
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  • #116,795
  • Feb 1, 2009 6:10pm Feb 1, 2009 6:10pm
closed my short...time for dinner

Jammer, one beer...coming up
  • #116,796
  • Feb 1, 2009 6:25pm Feb 1, 2009 6:25pm
Quoting demontaz
Well, that's up to you to decide unfortunately If you MM or system or your gut feeling says close, then close. I wouldn't leave money on the table so to speak, but that's me, we all have different trading styles.

I am long still and will hold on to it as my system says so, pure mechanical.
long for me until 1.45-1.46
  • #116,797
  • Feb 1, 2009 6:34pm Feb 1, 2009 6:34pm
thinking about going long now at 1.4400
  • #116,798
  • Feb 1, 2009 6:52pm Feb 1, 2009 6:52pm
Quoting demontaz
Well, that's up to you to decide unfortunately If you MM or system or your gut feeling says close, then close. I wouldn't leave money on the table so to speak, but that's me, we all have different trading styles.

I am long still and will hold on to it as my system says so, pure mechanical.
a profitable mechanical system?? nice one!
change the future, not the past
  • #116,799
  • Feb 1, 2009 6:59pm Feb 1, 2009 6:59pm
Quoting joemiami
thinking about going long now at 1.4400
I would jupm to longs yet I think it still will go a little down about 1.4350 then I will go long too
  • #116,800
  • Feb 1, 2009 7:13pm Feb 1, 2009 7:13pm
pending order long at 1.4330
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