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Cable Update (GBPUSD)

  • #134,261
  • May 26, 2009 12:57pm May 26, 2009 12:57pm
to jack:tomorow we go down? i think 1,5750 is really price?
  • #134,262
  • May 26, 2009 12:58pm May 26, 2009 12:58pm
Quoting jack.canadia
Your best and safest bet is to play a breakout of its small range that its in .. 5780/5940 ish
hello jack ... how r u ...

i think let be more accurate sell below 1.5750 and buy above 1.5970
  • #134,263
  • May 26, 2009 2:01pm May 26, 2009 2:01pm
Quoting deboooo2005
hello jack ... how r u ...

i think let be more accurate sell below 1.5750 and buy above 1.5970
Good good .. ya give or take a few pips I guess.

1.60 will be the next major hurdle.

I haven't been around here much as a few other pairs are a bit more clear in trade setups, or soon-to-be trade setups. This pound is a crazy one.

As for what I think, I am neutral on the direction of the pound.
  • #134,264
  • May 26, 2009 2:09pm May 26, 2009 2:09pm
HI,
In the hourly chart we see PA going north.
Can it achieve 1,70 in a week or two?
Any opinion about?
I think right now shorts are not welcome.
  • #134,265
  • May 26, 2009 2:15pm May 26, 2009 2:15pm
Quoting Alado
HI,
In the hourly chart we see PA going north.
Can it achieve 1,70 in a week or two?
Any opinion about?
I think right now shorts are not welcome.
Agreed with you , bro
{Promotion Removed}
  • #134,266
  • May 26, 2009 3:59pm May 26, 2009 3:59pm
yeah, seriously it sucks to be short on gbp. I shorted it, went to sleep, and its right where it was, almost to the pip.
  • #134,267
  • May 26, 2009 4:29pm May 26, 2009 4:29pm
hi short 1.5970 .... take profit 1.5820
  • #134,268
  • May 26, 2009 5:32pm May 26, 2009 5:32pm
Quoting deboooo2005
hi short 1.5970 .... take profit 1.5820
Me too @ 5975 SL 6035 TP 5870
  • #134,269
  • May 26, 2009 5:39pm May 26, 2009 5:39pm
the breaks not yet be confirmed, gu still not on the breakout last high, the amount is too small and retracement will happen some pips today. but i dont understand why 820?

@debooo could u share your particular reason? why do u think gu will fall that far?
  • #134,270
  • May 26, 2009 5:41pm May 26, 2009 5:41pm
Quoting biax
Me too @ 5975 SL 6035 TP 5870

  • #134,271
  • May 26, 2009 5:43pm May 26, 2009 5:43pm
Quoting deboooo2005
Hi? could u help me with your answer?thanks
  • #134,272
  • May 26, 2009 5:45pm May 26, 2009 5:45pm
Quoting mloistianto
the breaks not yet be confirmed, gu still not on the breakout last high, the amount is too small and retracement will happen some pips today. but i dont understand why 820?

@debooo could u share your particular reason? why do u think gu will fall that far?
becuase it could rebound from 1.5820 and if it break will go to 1.5775 then 1.5745 which if it broke will see 1.5608

so yesterday 1.5820 was go support i long from there till 1.5950
  • #134,273
  • May 26, 2009 5:48pm May 26, 2009 5:48pm
i see, because the last good support.. then to around 1.5800 we go then.. thanks for ur answer..
  • #134,274
  • May 26, 2009 5:51pm May 26, 2009 5:51pm
Quoting deboooo2005
becuase it could rebound from 1.5820 and if it break will go to 1.5775 then 1.5745 which if it broke will see 1.5608

so yesterday 1.5820 was go support i long from there till 1.5950
Man, u know how this things works.. i have to give u a big applause... u have do good Mr deboooo.. very smart.
  • #134,275
  • May 26, 2009 5:52pm May 26, 2009 5:52pm
Quoting mloistianto
i see, because the last good support.. then to around 1.5800 we go then.. thanks for ur answer..
watch the chart
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 40 KB
  • #134,276
  • May 26, 2009 5:52pm May 26, 2009 5:52pm
Quoting deboooo2005
It's Asia session right?. I don't need my eyes stack in Chart, so I take profit different with you

huah, It's suck, H4 candle 3 minutes to close.. change SL to default.
  • #134,277
  • May 26, 2009 6:56pm May 26, 2009 6:56pm
Quoting biax
It's Asia session right?. I don't need my eyes stack in Chart, so I take profit different with you

huah, It's suck, H4 candle 3 minutes to close.. change SL to default.
Nice call boys

Wish I were in with you but Im short aud/usd
  • #134,278
  • May 26, 2009 9:29pm May 26, 2009 9:29pm
short @ 1.5974 hoping todays pull back to take some profit... keep going back brother..
  • #134,279
  • May 26, 2009 9:42pm May 26, 2009 9:42pm
not in any position. However the pair seems to be loosing its power to go higher.
Look at the 4H chart below.
Attached Image
  • #134,280
  • May 26, 2009 10:49pm May 26, 2009 10:49pm
yep, the steam is kind of low
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