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Cable Update (GBPUSD)

  • #9,901
  • Apr 5, 2007 7:18am Apr 5, 2007 7:18am
Quoting bravado
oh and besides you are the one with good tp's.

where do you think it will go?
Well, maybe around 9590 area ... http://www.forexfactory.com/images/icons/icon9.gif
  • #9,902
  • Apr 5, 2007 7:23am Apr 5, 2007 7:23am
  •  vrama
  • | Joined Dec 2006 | Status: BE at right place@right time = LUCK | 210 Posts
Quoting mktjong
Well, maybe around 9590 area ... http://www.forexfactory.com/images/icons/icon9.gif

3/30 low is 9545
All things are difficult before they are easy.
  • #9,903
  • Apr 5, 2007 7:26am Apr 5, 2007 7:26am
my priority is to watch the price. make sure i'm there if it goes up to 9735 area again.

tp is secondary at this point.
BAM BAM BOOM! -bravado
  • #9,904
  • Apr 5, 2007 7:26am Apr 5, 2007 7:26am
Quoting mktjong
Agree, 9650 is about 61.8% of a late retracement. Usually is quite strong.

Well, I made a mistake. It's not 61.8% .. I looked at the wrong chart .. sorry .. http://www.forexfactory.com/images/icons/icon10.gif

Yes, it is .. a 61.8% retracement as you know
  • #9,905
  • Apr 5, 2007 7:28am Apr 5, 2007 7:28am
anybody know or expect how the NFP might be played out tomorrow?
BAM BAM BOOM! -bravado
  • #9,906
  • Apr 5, 2007 7:38am Apr 5, 2007 7:38am
this area right here. 9670 is pissing me off already.
BAM BAM BOOM! -bravado
  • #9,907
  • Apr 5, 2007 7:39am Apr 5, 2007 7:39am
Quoting mktjong
Well, I made a mistake. It's not 61.8% .. I looked at the wrong chart .. sorry .. http://www.forexfactory.com/images/icons/icon10.gif

Yes, it is .. a 61.8% retracement as you know

9650 is 61.8% of 30 march low and 4 April high. So close to long week end and NFP tomorrow technicals may prevail. 9650 may be good position to enter long.

happy gambling!
Eish! If you don't fly with the eagles you'll scratch with the turkeys
  • #9,908
  • Apr 5, 2007 7:44am Apr 5, 2007 7:44am
Quoting bravado
this area right here. 9670 is pissing me off already.
I'm watching 9678 as 23% fib from low 9211/ high 9822. Not making below this mark, and we may hav'nt seen the top yet.
  • #9,909
  • Apr 5, 2007 7:47am Apr 5, 2007 7:47am
Quoting bravado
this area right here. 9670 is pissing me off already.
"The Devil's Number" 1.9666 is still an area to be noted.
Tra-X
  • #9,910
  • Apr 5, 2007 7:48am Apr 5, 2007 7:48am
Quoting cesarnc
I'm watching 9678 as 23% fib from low 9211/ high 9822. Not making below this mark, and we may hav'nt seen the top yet.
9650 is 61% from 9546/9822
  • #9,911
  • Apr 5, 2007 7:51am Apr 5, 2007 7:51am
1.9668 new low,lower than the previous low a 1.9670 we may see1.9638 hard to tell with low liquidity
  • #9,912
  • Apr 5, 2007 7:52am Apr 5, 2007 7:52am
Quoting cesarnc
I'm watching 9678 as 23% fib from low 9211/ high 9822. Not making below this mark, and we may hav'nt seen the top yet.
i'm giving it two more hours. then re-evaluate.
BAM BAM BOOM! -bravado
  • #9,913
  • Apr 5, 2007 8:06am Apr 5, 2007 8:06am
Quoting bravado
i'm giving it two more hours. then re-evaluate.
Freaking market traded EUR/GBP at the no-hike...
  • #9,914
  • Apr 5, 2007 8:13am Apr 5, 2007 8:13am
Quoting cesarnc
Freaking market traded EUR/GBP at the no-hike...
i don't trade that pair but a good move there.
BAM BAM BOOM! -bravado
  • #9,915
  • Apr 5, 2007 8:16am Apr 5, 2007 8:16am
Quoting cesarnc
Freaking market traded EUR/GBP at the no-hike...
EUR/GBP longterm trend is up, maybe till 0.7500 as I posted before. That's a crazy target tho.
Tra-X
  • #9,916
  • Apr 5, 2007 8:19am Apr 5, 2007 8:19am
Quoting bravado
shorted cable @ 9732 & @9710. sl=9746. tp=9640.
nice thread learn lots everyday..watch out reverse Head and soldr on 15 minute..happy trading..
  • #9,917
  • Apr 5, 2007 8:24am Apr 5, 2007 8:24am
Quoting cesarnc
I'm watching 9678 as 23% fib from low 9211/ high 9822. Not making below this mark, and we may hav'nt seen the top yet.
Euro really strong, just broken above its March 21 high....dragging cable and gbpjpy with it
Trading Levels with WRBs
  • #9,918
  • Apr 5, 2007 8:26am Apr 5, 2007 8:26am
out with +1 pip.
BAM BAM BOOM! -bravado
  • #9,919
  • Apr 5, 2007 8:30am Apr 5, 2007 8:30am
re position short @ 9740. sl=9755
BAM BAM BOOM! -bravado
  • #9,920
  • Apr 5, 2007 8:33am Apr 5, 2007 8:33am
Dollar was dumpped heavily at 13-1330 GMT... USDCHF 2200 - 2132...

Don't know what went on here... weird sh#@#

nice call bravado short 9740... jumpped in too
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