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Cable Update (GBPUSD)

  • #135,161
  • Jun 3, 2009 12:53am Jun 3, 2009 12:53am
Morning all, well she still keeps trending. Any newbies reading this thread please be careful. All these short postings follow at your peril, not saying they are all wrong but unless there is a definate 'signal' the market at the moment has only onething in mind.

Nice to see more justification for trades coming into peoples posts.

Watch the pips and the sl
  • #135,162
  • Jun 3, 2009 12:55am Jun 3, 2009 12:55am
mine 1.6760. Break there will go much much higher in couples of days
  • #135,163
  • Jun 3, 2009 12:58am Jun 3, 2009 12:58am
Quoting Angelina
There we go 1.68 is coming up for 50% retracement.
I will wait there and short.

How you guys think?
I think the most visible high is 1.6700... in the past, There is a good support around 1.6700 then 1.7100-1.7500 acted as a resistance also in the past.we can expect a pull back after 1.6700 then if it pass the level, we can expect another pullback in around 1.7300.. Maybe just maybe..
  • #135,164
  • Jun 3, 2009 1:04am Jun 3, 2009 1:04am
1.6660/70 is resistance for now...

Daily R1 pivot 1.6660
Monthly R1 pivot 1.6665
October 30/2008 high was 1.6672

And look at her react
  • #135,165
  • Jun 3, 2009 1:06am Jun 3, 2009 1:06am
Hit my target at 1.6655...waiting to go long again or short..
Never Stop Learning...
  • #135,166
  • Jun 3, 2009 1:07am Jun 3, 2009 1:07am
Quoting chonyc
Hit my target at 1.6655...waiting to go long again or short..
haha Im short from 6655!
  • #135,167
  • Jun 3, 2009 1:10am Jun 3, 2009 1:10am
Quoting jack.canadia
haha Im short from 6655!
it was fast i short @ 1.6640
  • #135,168
  • Jun 3, 2009 1:13am Jun 3, 2009 1:13am
Quoting jack.canadia
haha Im short from 6655!

wow ... you're really a master trader jack you always could pick up the top or buttom ... really masterpiece !!!!
  • #135,169
  • Jun 3, 2009 1:18am Jun 3, 2009 1:18am
Man, i was soo late.. no guts left in the tank when i see 1.6642 mann.... short @1.6613..
  • #135,170
  • Jun 3, 2009 1:18am Jun 3, 2009 1:18am
Quoting dogol
wow ... you're really a master trader jack you always could pick up the top or buttom ... really masterpiece !!!!
Luck combined with good trading and patience

I wrote this earlier...

http://www.forexfactory.com/showpost...stcount=135151

so i put a short order at 6655, just below this level and did no jump the gun .. either she hit or she didnt
  • #135,171
  • Jun 3, 2009 1:19am Jun 3, 2009 1:19am
Quoting deboooo2005
it was fast i short @ 1.6640
i closed @ 1.6583 = 57 pips profit
  • #135,172
  • Jun 3, 2009 1:22am Jun 3, 2009 1:22am
Quoting deboooo2005
i closed @ 1.6583 = 57 pips profit
Im leaving my stop at 6650 for +5, trying to get 100 out of it.
  • #135,173
  • Jun 3, 2009 1:24am Jun 3, 2009 1:24am
its bed time in my part of the world .. see yous in the morning
  • #135,174
  • Jun 3, 2009 1:26am Jun 3, 2009 1:26am
Wait for buy level

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support resistance

.
  • #135,175
  • Jun 3, 2009 1:26am Jun 3, 2009 1:26am
i'm waiting to go long around 1.6560 at healthy 45 degree angle
  • #135,176
  • Jun 3, 2009 1:30am Jun 3, 2009 1:30am
i went long at 1.6580 and ready to add another long
  • #135,177
  • Jun 3, 2009 1:33am Jun 3, 2009 1:33am
Quoting minardan
I think 1.7332 is the 50% retracement in Monthly TF.
I also have 1.7316 as 50%
  • #135,178
  • Jun 3, 2009 1:35am Jun 3, 2009 1:35am
Quoting jack.canadia
haha Im short from 6655!
Wow that's a great trade...
Never Stop Learning...
  • #135,179
  • Jun 3, 2009 1:41am Jun 3, 2009 1:41am
It looks like yesterdays Resistence of 1.6585 may be today's support line.
  • #135,180
  • Jun 3, 2009 1:51am Jun 3, 2009 1:51am
Quoting jack.canadia
Im leaving my stop at 6650 for +5, trying to get 100 out of it.
i told u jack ... sorry about your SL
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