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Cable Update (GBPUSD)

  • #121,761
  • Feb 19, 2009 4:01am Feb 19, 2009 4:01am
Nice looking 1 hr candle for shorts
  • #121,762
  • Feb 19, 2009 4:02am Feb 19, 2009 4:02am
Quoting Myman
Pop... how do you find EA? ok ke
not here dude..
ok jer..

pop
{Promotion Removed}
  • #121,763
  • Feb 19, 2009 4:03am Feb 19, 2009 4:03am
Quoting sofia101
YES
Sofia, just wondering what was your sl?
  • #121,764
  • Feb 19, 2009 4:03am Feb 19, 2009 4:03am
nice close for the candle on the 1H
  • #121,765
  • Edited 4:15am Feb 19, 2009 4:04am | Edited 4:15am
Quoting jack.canadia
I have R2 at 4411 and a 61.8 fib @ 4409.
Yes. Just presently around the middle of R1 and R2, making market phycology to be the primary tool of analysis now. 1.4400 point will delay its movement for a clear direction bcos its a round number. This means it may pull back or try to pull back to that point often.
  • #121,766
  • Feb 19, 2009 4:05am Feb 19, 2009 4:05am
Locked South @ 4411 SL @ 4390 target 1st @ 4301 2rd @ 4256

will see then...

http://i39.tinypic.com/292b8k3.jpg
  • #121,767
  • Feb 19, 2009 4:05am Feb 19, 2009 4:05am
Quoting sofia101
YES
where is the target sofea?

mine 14310.im out there!

pop
{Promotion Removed}
  • #121,768
  • Feb 19, 2009 4:06am Feb 19, 2009 4:06am
Quoting sbhaumik
Sofia, just wondering what was your sl?
I hedge
  • #121,769
  • Feb 19, 2009 4:07am Feb 19, 2009 4:07am
Hey all,
what suppot levels do you see as she moves down?

Thanks

Hoping this can be a long term trade perhaps, 1.4120 ish or better yet 1.36 area.

Comments?
  • #121,770
  • Feb 19, 2009 4:08am Feb 19, 2009 4:08am
Quoting popisdead
where is the target sofea?

mine 14310.im out there!

pop
About 1.4210 lol
  • #121,771
  • Feb 19, 2009 4:10am Feb 19, 2009 4:10am
Quoting svirgo
Hey all,
what suppot levels do you see as she moves down?

Thanks

Hoping this can be a long term trade perhaps, 1.4120 ish or better yet 1.36 area.

Comments?

I see 4300, 4220 - 4180, 4090 Quite a bit of support to get through there
  • #121,772
  • Edited 4:29am Feb 19, 2009 4:10am | Edited 4:29am
Quoting biax
Locked South @ 4411 SL @ 4390 target 1st @ 4301 2rd @ 4256

will see then...
nice entry
  • #121,773
  • Feb 19, 2009 4:13am Feb 19, 2009 4:13am
Ok now that it start moving I feel better and I am going to sleep, hope to wake up to green pips .Good luck to all.
  • #121,774
  • Feb 19, 2009 4:14am Feb 19, 2009 4:14am
4395 not breached. gap filled. voices in my head subsiding now.
Now let's see the rest of that arm! Down periscope.
Thank You
  • #121,775
  • Feb 19, 2009 4:14am Feb 19, 2009 4:14am
Quoting sofia101
Ok now that it start moving I feel better and I am going to sleep, hope to wake up to green pips .Good luck to all.
Thnx, good luck to you too hope you wake up to lots of green pips!
  • #121,776
  • Feb 19, 2009 4:14am Feb 19, 2009 4:14am
Quoting jack.canadia
I have R2 at 4411 and a 61.8 fib @ 4409.

Good enough. Looks like she's following your charts. LOL

I have S/R and pivot off of an IBFX and it's now dropped to
the R2 @ 1.4340. I've got another long awaiting @ 1.4335
and tight s/l always on these ping pong moves. Missed my
entry by 2 pips... so far.

I like to play the pivots.

Dr. D.
  • #121,777
  • Feb 19, 2009 4:16am Feb 19, 2009 4:16am
i also take a short at GJ target 128, anyone else?
  • #121,778
  • Feb 19, 2009 4:22am Feb 19, 2009 4:22am
Here's another overlap to respect.

R2 @ 1.4340 is ~ 23.6 fib retrace (1.4339)
from the 1.4090 move up to 1.4415.

Dr. D.
  • #121,779
  • Feb 19, 2009 4:22am Feb 19, 2009 4:22am
Quoting cesarg
i also take a short at GJ target 128, anyone else?
Here here. Got stopped out early in the day -80. Poor entry.
Riding the dragon again now.

135.2 has to be breached for change of direction methinks. First tp 132.45.
Breach that .... 119
Good luck mate
Thank You
  • #121,780
  • Feb 19, 2009 4:29am Feb 19, 2009 4:29am
Quoting wormboy
Here here. Got stopped out early in the day -80. Poor entry.
Riding the dragon again now.

135.2 has to be breached for change of direction methinks. First tp 132.45.
Breach that .... 119
Good luck mate
Im short term bearish on the Yen I would expect u/j to reach 94.60 area at least before we see anymore Yen strength, just my 2 cents
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