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Cable Update (GBPUSD)

  • #123,261
  • Feb 25, 2009 3:46am Feb 25, 2009 3:46am
Quoting alfamichi
my speculation today will be to buy from 1.4493..or to sell @ 1.4660...hope that will be a good idea?
I will buy at 4496 which I have as 1h 50ema and daily pivot just below
  • #123,262
  • Feb 25, 2009 3:47am Feb 25, 2009 3:47am
corrrec JammerJam. Unbelievable move. Luckily I didn't set for any trade
  • #123,263
  • Feb 25, 2009 3:47am Feb 25, 2009 3:47am
Good trading to everyone, it's almost 2am at my place, off to bed. Still my yesterday's postion is open @ 1.4520(swap change from 1.4550) with sl @ 1.4710. I'll leave it running. Today with gradual/paritial tp though(completely missed yesterday's spkie down).
Would be glad to see my target 1.42xx tomorrow morning
  • #123,264
  • Feb 25, 2009 3:49am Feb 25, 2009 3:49am
inverted H&S on 1h anyone?
  • #123,265
  • Feb 25, 2009 3:51am Feb 25, 2009 3:51am
Quoting laromanell
Good trading to everyone, it's almost 2am at my place, off to bed. Still my yesterday's postion is open @ 1.4520(swap change from 1.4550) with sl @ 1.4710. I'll leave it running. Today with gradual/paritial tp though(completely missed yesterday's spkie down).
Would be glad to see my target 1.42xx tomorrow morning
sleep well...every day is a surprise..
  • #123,266
  • Feb 25, 2009 3:52am Feb 25, 2009 3:52am
Quoting ezodisy
inverted H&S on 1h anyone?
if you look real hard...yes..i can see a possible shoulder forming..and arm to follow..but that is possible..
a rather deformed head...lol
  • #123,267
  • Feb 25, 2009 3:53am Feb 25, 2009 3:53am
Let us see where it goes at pivot point for today 1.4770. Then I'll decide.
  • #123,268
  • Feb 25, 2009 3:55am Feb 25, 2009 3:55am
Sorry. 1.4470
  • #123,269
  • Feb 25, 2009 3:55am Feb 25, 2009 3:55am
what I am sure of is that anything tied to the USD seems to be in limbo...and tightening up...

there is going to be big movement soon...and will break free...question is direction...short term direction..that is the question.
  • #123,270
  • Feb 25, 2009 3:58am Feb 25, 2009 3:58am
well I am in 4496
  • #123,271
  • Feb 25, 2009 3:59am Feb 25, 2009 3:59am
Moved my sl +10. Off jogging now. See you guys later & good luck!
Down periscope
Thank You
  • #123,272
  • Feb 25, 2009 4:03am Feb 25, 2009 4:03am
we are now sitting on the keg of a gun powder...how many are we?
  • #123,273
  • Feb 25, 2009 4:04am Feb 25, 2009 4:04am
I will say bye for now too see you at NY open
  • #123,274
  • Feb 25, 2009 4:22am Feb 25, 2009 4:22am
Quoting ezodisy
well I am in 4496
we may be testing 4465
  • #123,275
  • Feb 25, 2009 4:26am Feb 25, 2009 4:26am
yeah I can see it going down to that rising tl around the area you mentioned.
  • #123,276
  • Feb 25, 2009 4:28am Feb 25, 2009 4:28am
Nice Bearish Engulfing 4HR candle forming, but in this slop I'm not sure how much it means.
"Timing Is Everything. Really I Swear It Is"
  • #123,277
  • Feb 25, 2009 4:32am Feb 25, 2009 4:32am
Quoting TexasforEX
Nice Bearish Engulfing 4HR candle forming, but in this slop I'm not sure how much it means.

thats the issue with today...all is a soup...a mess..and bumping around like a bull in a china shop...

i can kick myself for missing a couple entries..but also happy to not have taken a couple others..

ciao till morning..
  • #123,278
  • Feb 25, 2009 4:33am Feb 25, 2009 4:33am
Hoppin g for a good retracement at least 40 pips
  • #123,279
  • Feb 25, 2009 4:39am Feb 25, 2009 4:39am
Quoting ezodisy
yeah I can see it going down to that rising tl around the area you mentioned.
i am in @ 1.4508...tp @ 1.4608 and sl @ 1.4408..
  • #123,280
  • Feb 25, 2009 4:43am Feb 25, 2009 4:43am
Once we get thru the DPP we will see 1.43
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