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Cable Update (GBPUSD)

  • #117,301
  • Feb 3, 2009 5:30am Feb 3, 2009 5:30am
Quoting PipLand
Went short - Sell

I also shorted EU at 1.2859
How low you think it can go..also shorted as well....targeting yesterday low
  • #117,302
  • Feb 3, 2009 5:30am Feb 3, 2009 5:30am
Quoting PipLand
Yeah I was Bullish on this until yesterday we broke below 4065 which stopped this being bullish for me I've got a slight bearish bias on this pair now, reckon we could possibly see 1.39xx this week
..
Attached Image (click to enlarge)
Click to Enlarge Name: cable30mr.gif Size: 26 KB
  • #117,303
  • Feb 3, 2009 5:30am Feb 3, 2009 5:30am
Quoting sofia101
Here is my chart 4h
I use FXDD for charts I trade with FXCM
  • #117,304
  • Feb 3, 2009 5:31am Feb 3, 2009 5:31am
Quoting sofia101
Here is my chart 4h
ic..thanks!

already short..will exit at 4150!

pop
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  • #117,305
  • Feb 3, 2009 5:36am Feb 3, 2009 5:36am
Quoting nAVIN2007
..



In combination with Eur/GBP:

Monthly Bearish Piercing Pattern
Weekly Bearish engulfing

AND

the gap on sunday open has yet to be filled on cable...


EDIT: Breakout on the upside of E/G... will look for good op to short and go long on cable at the same time....
  • #117,306
  • Feb 3, 2009 5:41am Feb 3, 2009 5:41am
  •  Trader#0EAB
  • | Status: Unregistered Trader
Quoting mozan72
i scalp sell....already closed 7 pips only
that's the way to do it... what scalping is all about... take a few and don't let them go against u...
way to go...
  • #117,307
  • Feb 3, 2009 5:51am Feb 3, 2009 5:51am
1.4178 become a weekly pivot if it breaks it it's going much lower if not it will go higher but not to far maybe 1.4295 tops
  • #117,308
  • Feb 3, 2009 6:05am Feb 3, 2009 6:05am
Quoting sofia101
1.4178 become a weekly pivot if it breaks it it's going much lower if not it will go higher but not to far maybe 1.4295 tops
support triggered buys...i see this breaking to the top side but sides appear to be tested 3 times
Attached Image (click to enlarge)
Click to Enlarge Name: cable30mr.gif Size: 34 KB
  • #117,309
  • Feb 3, 2009 6:05am Feb 3, 2009 6:05am
Well I am out made 65 pips now I will wait and see
  • #117,310
  • Feb 3, 2009 6:15am Feb 3, 2009 6:15am
god i love to get it right sometimes..

i might actually be starting to crack this nut

1.44 is the place to watch (i think)
Attached Image (click to enlarge)
Click to Enlarge Name: cable30mr.gif Size: 25 KB
  • #117,311
  • Feb 3, 2009 6:17am Feb 3, 2009 6:17am
wtf just happened !?
  • #117,312
  • Feb 3, 2009 6:18am Feb 3, 2009 6:18am
Quoting macK
that's the way to do it... what scalping is all about... take a few and don't let them go against u...
way to go...
scalp long...17 pips
  • #117,313
  • Feb 3, 2009 6:19am Feb 3, 2009 6:19am
Quoting nAVIN2007
god i love to get it right sometimes..

i might actually be starting to crack this nut

1.44 is the place to watch (i think)

...nice trade
  • #117,314
  • Feb 3, 2009 6:21am Feb 3, 2009 6:21am
Quoting Jnita
...nice trade
thank u ....
  • #117,315
  • Feb 3, 2009 6:21am Feb 3, 2009 6:21am
Quoting sofia101
Well I am out made 65 pips now I will wait and see
well done
  • #117,316
  • Feb 3, 2009 6:23am Feb 3, 2009 6:23am
Quoting nAVIN2007
..
good call If it holds above 4300 then there is a lot of upside potential!
  • #117,317
  • Feb 3, 2009 6:24am Feb 3, 2009 6:24am
Quoting Jnita
...nice trade

the pin was the clue....that orders were sitting on support
Attached Image (click to enlarge)
Click to Enlarge Name: cable30mr.gif Size: 29 KB
  • #117,318
  • Feb 3, 2009 6:25am Feb 3, 2009 6:25am
Quoting nAVIN2007
god i love to get it right sometimes..

i might actually be starting to crack this nut

1.44 is the place to watch (i think)
I think that was it I am short again from 1.4320
  • #117,319
  • Feb 3, 2009 6:26am Feb 3, 2009 6:26am
Quoting nAVIN2007
god i love to get it right sometimes..

i might actually be starting to crack this nut

1.44 is the place to watch (i think)
yes 143.50-144 area may be the right shoulder for the next leg down. imo a break of 1.4045 should confirm this but things have been crazy the last 2 weeks
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #117,320
  • Feb 3, 2009 6:26am Feb 3, 2009 6:26am
Quoting nAVIN2007
the pin was the clue....that orders were sitting on support
Which pin are you talking about? On which timeframe? I can't see a pin on any of my charts!!!
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