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Cable Update (GBPUSD)

  • #135,601
  • Jun 4, 2009 6:58am Jun 4, 2009 6:58am
Quoting 4cfx
Hi wormboy, finally got back into the system. Did you tp or are you riding it all the way down?
Hi 4cfx, sorry about the late reply.
Booked 50% of profit & letting the rest work it's way all the way down.
I hope you got some
Thank You
  • #135,602
  • Jun 4, 2009 7:00am Jun 4, 2009 7:00am
Quoting ubaidahsan
i love ...

Lol, glad it worked out for you bro. Good job
Thank You
  • #135,603
  • Jun 4, 2009 7:01am Jun 4, 2009 7:01am
Quoting KillPhil08
Thanks for that...can anyone else show me?
Gu already test around 1.6165-70 couple times... if it broke, a possibility to continue south..
  • #135,604
  • Jun 4, 2009 7:04am Jun 4, 2009 7:04am
My bad, still a bit tipsy, i read 16270 not 16170.

lulz.
  • #135,605
  • Jun 4, 2009 7:07am Jun 4, 2009 7:07am
Quoting 4cfx
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.
acutally, it was jpm buying up 5 yards of $ against the basket, most notably cable and aud$. rumours were just spread after desks thought brown resigination might be the reason. if a rumour like that spread around you can be pretty sure the price action wouldnt be as fast as this was. This was a mass block trade pure and simple. why they didnt break up the order ... your guess is as good as mine
  • #135,606
  • Jun 4, 2009 7:18am Jun 4, 2009 7:18am
Quoting wormboy
Hi 4cfx, sorry about the late reply.
Booked 50% of profit & letting the rest work it's way all the way down.
I hope you got some
Yes thanks. I tp on both trades although not at optimal prices. I have had to close these and make a claim on Oanda. I doubt if they would do anything about it.

I have re-entered at 1.6185. Will add to it either up or down. Nice doji forming on the weekly.
  • #135,607
  • Jun 4, 2009 7:18am Jun 4, 2009 7:18am
Quoting sccz97
acutally, it was jpm buying up 5 yards of $ against the basket, most notably cable and aud$. rumours were just spread after desks thought brown resigination might be the reason. if a rumour like that spread around you can be pretty sure the price action wouldnt be as fast as this was. This was a mass block trade pure and simple. why they didnt break up the order ... your guess is as good as mine
Agreed.
Thank You
  • #135,608
  • Jun 4, 2009 7:20am Jun 4, 2009 7:20am
We need a nice big bouce so I can get in! lol
  • #135,609
  • Jun 4, 2009 7:22am Jun 4, 2009 7:22am
Quoting 4cfx
Yes thanks. I tp on both trades although not at optimal prices. I have had to close these and make a claim on Oanda. I doubt if they would do anything about it.

I have re-entered at 1.6185. Will add to it either up or down. Nice doji forming on the weekly.

Sorry to hear about that my friend, but I think it's still good trade on your part to be able to lock some profit in no?
And yes, nice looking doji on the weekly but I'd prefer we close the week closer to 5900. It'll be a beautiful star. Me & my wishful thinking
Thank You
  • #135,610
  • Jun 4, 2009 8:12am Jun 4, 2009 8:12am
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
Currently +30...Patience Pays off......Might get more than 30 a retest of 300 atleast..after that drop before we see any lower I reckon
Let Price determine your future!
  • #135,611
  • Jun 4, 2009 8:19am Jun 4, 2009 8:19am
Quoting Geppyg
Currently +30...Patience Pays off......Might get more than 30 a retest of 300 atleast..after that drop before we see any lower I reckon
My Stop at break even and see you tommorow..

Good Luck All
Let Price determine your future!
  • #135,612
  • Jun 4, 2009 8:41am Jun 4, 2009 8:41am
anyone shorting now ???


Ub
  • #135,613
  • Jun 4, 2009 8:55am Jun 4, 2009 8:55am
Quoting mloistianto
Gu already test around 1.6165-70 couple times... if it broke, a possibility to continue south..

Greeting All... sorry to interupt.. Agreed with you mloistianto... There is a weak support at 1.6174 (Murray Math Line 1/8, 4day frame), cable try to break this line several times, and as mloistianto said, if it breaks, it will possibly go south further.........


We wait and see, will it breaks NOW......
  • #135,614
  • Jun 4, 2009 9:08am Jun 4, 2009 9:08am
Quoting ubaidahsan
anyone shorting now ???


Ub
At least 1.6115 . Very likely to go down much more.
  • #135,615
  • Jun 4, 2009 9:08am Jun 4, 2009 9:08am
Quoting ubaidahsan
anyone shorting now ???


Ub

Shorted 1/2 an hour ago @1.6235 [email protected](L4 line of Camarilla) coz it pass L3 and pass the 1/8 Murray Math line weak support.....
  • #135,616
  • Jun 4, 2009 9:14am Jun 4, 2009 9:14am
I am in at 1.6138 going long. Already set SL & BE. Love this part.
You've got to be IN IT to WIN IT!
  • #135,617
  • Jun 4, 2009 9:16am Jun 4, 2009 9:16am
DAM. Been stopped out. No profit and no loss. Never mind.
You've got to be IN IT to WIN IT!
  • #135,618
  • Jun 4, 2009 9:29am Jun 4, 2009 9:29am
Quoting aqmar75
Shorted 1/2 an hour ago @1.6235 [email protected](L4 line of Camarilla) coz it pass L3 and pass the 1/8 Murray Math line weak support.....

There is a strong support @1.6113 (0/8 Murray Math Line), hope cable can breaks it too.....
  • #135,619
  • Jun 4, 2009 9:49am Jun 4, 2009 9:49am
my opinion a good entry is near 1.6165..fibo line.. short until todays low..for small profit..
  • #135,620
  • Jun 4, 2009 10:19am Jun 4, 2009 10:19am
Quoting mloistianto
my opinion a good entry is near 1.6165..fibo line.. short until todays low..for small profit..
Well, it's there. Are you in?
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