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Cable Update (GBPUSD)

  • #135,561
  • Jun 4, 2009 5:53am Jun 4, 2009 5:53am
Quoting wormboy
Good trading my friend Let's short her back to the abyss lol
Hi wormboy, finally got back into the system. Did you tp or are you riding it all the way down?
  • #135,562
  • Jun 4, 2009 5:55am Jun 4, 2009 5:55am
Quoting Geppyg
Look at her strength she has no reason to go lower..all shorts are suffering....So my 5th long of the day now at 1.6340
Famous last words...
  • #135,563
  • Jun 4, 2009 5:56am Jun 4, 2009 5:56am
ohh man , just miss the great fall .. what happen ??
  • #135,564
  • Jun 4, 2009 5:57am Jun 4, 2009 5:57am
Quoting Touchdown
That's looking like a good re-entry

I expected it to break that resistance level after such a big move down but so far she is holding. Hope it works out for you

I'm looking to short again around the 1.6260 area.
Looks to be holding for now. If it doesn't will join on the short side again @ 1.5260. looking for 1.6000 area...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #135,565
  • Jun 4, 2009 5:57am Jun 4, 2009 5:57am
Quoting notch
Famous last words...
Watch out, he'll call you a Dumbo!
  • #135,566
  • Jun 4, 2009 5:57am Jun 4, 2009 5:57am
Quoting ubaidahsan
anyone short again??


Ub
Waiting out at the moment. Its like watching paint dry. Had a superb day and so will not hurry in to ruin things. The chart looks exhausted and seems everyone is in no mans land. I for one have no idea from here.
You've got to be IN IT to WIN IT!
  • #135,567
  • Jun 4, 2009 5:59am Jun 4, 2009 5:59am
We might see a price rejection... Be cautious!!
  • #135,568
  • Jun 4, 2009 6:00am Jun 4, 2009 6:00am
Prop's buying quite large i hear...
  • #135,569
  • Jun 4, 2009 6:00am Jun 4, 2009 6:00am
Quoting riggster
Watch out, he'll call you a Dumbo!
I'm a dumbo with a shed full of GU & GJ pips!!!
  • #135,570
  • Jun 4, 2009 6:00am Jun 4, 2009 6:00am
Quoting notch
Famous last words...
I agree..and am willing to admit....but I have not made much of a loss..compared to the pips I have made..

But yes did get a bit of a shock up my spine...
Want to go long again.....if possible...1.6085 seemed good....
Geppy
Let Price determine your future!
  • #135,571
  • Jun 4, 2009 6:01am Jun 4, 2009 6:01am
Quoting Geppyg
I agree..and am willing to admit....but I have not made much of a loss..compared to the pips I have made..

But yes did get a bit of a shock up my spine...
Want to go long again.....if possible...1.6085 seemed good....
Geppy
Yes...I'm already long from 1.6205. It's good for at least 200 pips. Gordon Brown is like an Alabama tick...he isn't going anywhere in a hurry!
  • #135,572
  • Jun 4, 2009 6:02am Jun 4, 2009 6:02am
Hi all,
Two weeks ago or so, PA drop 200 figures and then recovered totally and made some profit.
Does anyone think it will happen again today, ie, will the PA close today above 1,6430 (maximum of today)?
I see no reason for the change of the trend. I think it continues bull, like eurusd.
Good luck to all
  • #135,573
  • Jun 4, 2009 6:02am Jun 4, 2009 6:02am
Hope you guys were able to make money up too! 100 pips up now. Snapback rally?
  • #135,574
  • Jun 4, 2009 6:02am Jun 4, 2009 6:02am
What's happen with GU, i'm miss that moment
  • #135,575
  • Jun 4, 2009 6:04am Jun 4, 2009 6:04am
Cable Guys, I can so DOOM... A "Short" is my call now...

I can see price reversal from...
  • #135,576
  • Jun 4, 2009 6:04am Jun 4, 2009 6:04am
Quoting piper20
What's happen with GU, i'm miss that moment
Gordon Brown dismissed rumors of his resignation, causing GU to free fall...
  • #135,577
  • Jun 4, 2009 6:08am Jun 4, 2009 6:08am
Quoting Reznik
We might see a price rejection... Be cautious!!
rejecting long or rejecting short?
  • #135,578
  • Jun 4, 2009 6:08am Jun 4, 2009 6:08am
Quoting notch
Yes...I'm already long from 1.6205. It's good for at least 200 pips. Gordon Brown is like an Alabama tick...he isn't going anywhere in a hurry!
Nice entry mate...taking another shot of building...them now
1st entry at 1.6225...
Let Price determine your future!
  • #135,579
  • Jun 4, 2009 6:09am Jun 4, 2009 6:09am
Morning guys .. no cable entry order triggered overnight ..

Caught EUR/USD short at 4240.. beautiful
  • #135,580
  • Jun 4, 2009 6:11am Jun 4, 2009 6:11am
Quoting piper20
What's happen with GU, i'm miss that moment

The Cable is without definite direction... But give or take I say hold LONG to 1.6365 and then SHORT when it retraces.
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