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Cable Update (GBPUSD)

  • #135,581
  • Jun 4, 2009 8:12am Jun 4, 2009 8:12am
Quoting Ipips
Gordon Brown dismissed rumors of his resignation, causing GU to free fall...
It's rumours of his resignation that caused the free fall. Dismissal of the rumour then offered support and the rebound together with some better US data.
  • #135,582
  • Jun 4, 2009 8:13am Jun 4, 2009 8:13am
Quoting Touchdown
That's looking like a good re-entry

I'm looking to short again around the 1.6260 area.
Lets hope this level holds as she stablises...... holding 2 positions to the down side now.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #135,583
  • Jun 4, 2009 8:13am Jun 4, 2009 8:13am
Quoting Geppyg
Nice entry mate...taking another shot of building...them now
1st entry at 1.6225...
time to take a break out with 10 pips....

See you all tommorow.

Had a good day anyway..

Good luck all
Let Price determine your future!
  • #135,584
  • Jun 4, 2009 8:24am Jun 4, 2009 8:24am
OK. I am in at 1.6195. Hopefully make some more pips as GU tries to recover from a FALSE NEWS drop. I could be wrong but what the hell.
You've got to be IN IT to WIN IT!
  • #135,585
  • Jun 4, 2009 8:26am Jun 4, 2009 8:26am
Okay fellas, I'm out for the day with 300++ pips. Goodnight~!
  • #135,586
  • Jun 4, 2009 8:29am Jun 4, 2009 8:29am
Quoting Ipips
Okay fellas, I'm out for the day with 300++ pips. Goodnight~!
Nice one. Take care and sweet dreams about FAST CARS etc..
You've got to be IN IT to WIN IT!
  • #135,587
  • Jun 4, 2009 8:30am Jun 4, 2009 8:30am
Quoting Ifty
OK. I am in at 1.6195. Hopefully make some more pips as GU tries to recover from a FALSE NEWS drop. I could be wrong but what the hell.
I cant stop looking at these charts right now.....
My Last long ...haha..in at 1.6200 Just need 60 pips...lets see how this one plays out
Let Price determine your future!
  • #135,588
  • Jun 4, 2009 8:31am Jun 4, 2009 8:31am
i love wormboy he is greaaaaaaaaat...he told me to enter at 5260 and i enter short from there and it is now in 75+ SL moved to 5230 thanks wormboy you are greaaaaaaaaaaaaat....


Ub
  • #135,589
  • Jun 4, 2009 8:31am Jun 4, 2009 8:31am
Quoting Geppyg
I cant stop looking at these charts right now.....
My Last long ...haha..in at 1.6200 Just need 60 pips...lets see how this one plays out
why do you need 60? get some discipline and go to bed or do whatever else you were gonna do!
  • #135,590
  • Jun 4, 2009 8:32am Jun 4, 2009 8:32am
Quoting ubaidahsan
i love wormboy he is greaaaaaaaaat...he told me to enter at 5260 and i enter short from there and it is now in 75+ SL moved to 5230 thanks wormboy you are greaaaaaaaaaaaaat....


Ub
5260????where??
  • #135,591
  • Jun 4, 2009 8:35am Jun 4, 2009 8:35am
Quoting Bull_Bear
Lets hope this level holds as she stablises...... holding 2 positions to the down side now.
Yeah, im short from 1.6260, 1.6170 is holding though
Hope it breaks that level

SL moved to BE
  • #135,592
  • Jun 4, 2009 8:38am Jun 4, 2009 8:38am
Quoting akumelayu
5260????where??
lol since i am reading posts so 52 word is coming on toung lol it was 6260
now i am hopefull market will go 5200 till next week..

Ub
  • #135,593
  • Jun 4, 2009 8:40am Jun 4, 2009 8:40am
Quoting Touchdown
Yeah, im short from 1.6260, 1.6170 is holding though
Hope it breaks that level

SL moved to BE
I have my eye on that 1.6170 level too..... but looking for that to give way eventually
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #135,594
  • Jun 4, 2009 8:41am Jun 4, 2009 8:41am
can it be another short rally to south wth in ths 1-2 hours times ??
  • #135,595
  • Jun 4, 2009 8:41am Jun 4, 2009 8:41am
Quoting tomaz55
short 6400
tp 6100
no stop for now, if cable rises above 6600 will close manually
tp reached at 6100 for +300 pips
  • #135,596
  • Jun 4, 2009 8:43am Jun 4, 2009 8:43am
Quoting Bull_Bear
I have my eye on that 1.6170 level too..... but looking for that to give way eventually
Chart please , can't see why this is a level. Is it something to do with fib of the 5minute bar?
  • #135,597
  • Jun 4, 2009 8:44am Jun 4, 2009 8:44am
Quoting ubaidahsan
lol since i am reading posts so 52 word is coming on toung lol it was 6260
now i am hopefull market will go 5200 till next week..

Ub
next week? i hopefull..i like cable today
  • #135,598
  • Jun 4, 2009 8:49am Jun 4, 2009 8:49am
Quoting akumelayu
next week? i hopefull..i like cable today
same here i love it too and hoping i will get out safely in profit

Ub
  • #135,599
  • Jun 4, 2009 8:49am Jun 4, 2009 8:49am
Quoting KillPhil08
Chart please , can't see why this is a level. Is it something to do with fib of the 5minute bar?
Support / Resistance levels.......

Bed time for me....

Good Trading all.... keep your shorts!
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #135,600
  • Jun 4, 2009 8:54am Jun 4, 2009 8:54am
Thanks for that...can anyone else show me?
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