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Cable Update (GBPUSD)

  • #117,241
  • Feb 3, 2009 2:56am Feb 3, 2009 2:56am
Quoting popisdead
3february 2009 (tuesday)

4.40pm

1m=UT
5m-UT
15m=UT
30m=DT(weak)

GU#12
LONG PO at 14235
got fulfilled



pop
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  • #117,242
  • Feb 3, 2009 3:09am Feb 3, 2009 3:09am
  •  Trader#0EAB
  • | Status: Unregistered Trader
Quoting Bullfx

some news for reference. Market is choppy now
tnx, Bullfx
  • #117,243
  • Feb 3, 2009 3:15am Feb 3, 2009 3:15am
Quoting macK
tnx, Bullfx
first target 14170 then 14080
  • #117,244
  • Feb 3, 2009 3:20am Feb 3, 2009 3:20am
  •  Trader#0EAB
  • | Status: Unregistered Trader
got one short order in, but will scalp for a while... 5min will turn, 15 mixed, 30m unsure, and 60 as confused as me...

don't ya just love them stoches
  • #117,245
  • Feb 3, 2009 3:23am Feb 3, 2009 3:23am
Quoting moneybookers
first target 14170 then 14080
Money what was ur entry and what did you base it on?

will you stack @ 1.4170 or close pt. of your position?
  • #117,246
  • Feb 3, 2009 3:27am Feb 3, 2009 3:27am
Quoting monster
Money what was ur entry and what did you base it on?

will you stack @ 1.4170 or close pt. of your position?
as long as GU is kept under 100 SMA,we may go down.
i'm not playing GU,i have GJ short postion around 12740, not very good entry.
will take partial when GU hit 14170 and ride the rest till 14080 if we can get there
  • #117,247
  • Feb 3, 2009 3:30am Feb 3, 2009 3:30am
Quoting moneybookers
first target 14170 then 14080 - "we can not break 14250-14300 area,low we go"
but we also hard to break 1.4170, few times already. That make me confuse, but happy to gain from this roller coaster ride.
  • #117,248
  • Feb 3, 2009 3:33am Feb 3, 2009 3:33am
gotcha

I'm in short too, thats why I was asking
  • #117,249
  • Feb 3, 2009 3:41am Feb 3, 2009 3:41am
Quoting popisdead
got fulfilled



pop
im out -20pips


pop
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  • #117,250
  • Feb 3, 2009 3:44am Feb 3, 2009 3:44am
EO - what ya thinkin?
Abuawad - Are you here? What's your opinion?

I'm at + 98 for the day - target 100
Might be good idea to lay low - ???????????
P A is really choppy - I think scalps only

That Construction PMI # has me not wanting to take any shorts
US news - home sales - most likely will be neg - non farms on friday
  • #117,251
  • Feb 3, 2009 3:46am Feb 3, 2009 3:46am
Quoting narocc
but we also hard to break 1.4170, few times already. That make me confuse, but happy to gain from this roller coaster ride.
14170 is just minor support, 14080 is big one. you can short heavy on GU once we have H4 candle below 14080 level.
  • #117,252
  • Feb 3, 2009 3:48am Feb 3, 2009 3:48am
Quoting hard1head1
Tweezers forming on the 30 Min. at the DTL. She may be ready for another fall. Daily and 4 Hr are down.

Jim
hay, what indi thay u use? can u share it?
  • #117,253
  • Feb 3, 2009 3:51am Feb 3, 2009 3:51am
Quoting golatigo
EO - what ya thinkin?
Abuawad - Are you here? What's your opinion?

I'm at + 98 for the day - target 100
Might be good idea to lay low - ???????????
P A is really choppy - I think scalps only

That Construction PMI # has me not wanting to take any shorts
US news - home sales - most likely will be neg - non farms on friday
Check
Attached Image
  • #117,254
  • Feb 3, 2009 3:55am Feb 3, 2009 3:55am
  •  Trader#0EAB
  • | Status: Unregistered Trader
Quoting Abuawad
Check
  • #117,255
  • Feb 3, 2009 4:07am Feb 3, 2009 4:07am
Quoting Abuawad
Check
I assume you are bearish
I am also bearish, but not liking the P A at this time
and the news now and this morning and the weeks

as i say that - it drops

I 'm still sitting out - not feeling it
and don't want to be greedy
  • #117,256
  • Feb 3, 2009 4:11am Feb 3, 2009 4:11am
today targets 1.4140/60, 1.4020/40, 1.3900/40
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  • #117,257
  • Feb 3, 2009 4:11am Feb 3, 2009 4:11am
Quoting moneybookers
14170 is just minor support, 14080 is big one. you can short heavy on GU once we have H4 candle below 14080 level.
we are sittting on 14170 now,watching the PA for direction.As i write it, it break down and bounced from 1415X,stop hunting or retest?let's see.
  • #117,258
  • Feb 3, 2009 4:34am Feb 3, 2009 4:34am
Quoting Abuawad
Check
Let's see where is this format is going....
Attached Image (click to enlarge)
Click to Enlarge Name: new4hh&s-cf.gif Size: 56 KB
  • #117,259
  • Feb 3, 2009 4:37am Feb 3, 2009 4:37am
the good news that been coming out lately from UK is giving support for Cable. but I personally don't think this will hold up for long. price action is pointing for short once we break this little support here it will role down.
or we might keep ranging in this 100 pip area for today.
  • #117,260
  • Feb 3, 2009 4:41am Feb 3, 2009 4:41am
Hi guys, just catching up. Anyone else looking at a H&S on the 4h?
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