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Cable Update (GBPUSD)

  • #136,021
  • Jun 8, 2009 12:30pm Jun 8, 2009 12:30pm
entry point ?? TP level ??
  • #136,022
  • Jun 8, 2009 12:30pm Jun 8, 2009 12:30pm
Quoting musani
Anybody short at 1.6025? Just asking was that price is good to enter?

http://www.forexfactory.com/images/misc/progress.gif

NOT YET! WAY TOO EARLY!

Spike
Will, Knowledge, Discipline, And tenacity=Success
  • #136,023
  • Jun 8, 2009 12:32pm Jun 8, 2009 12:32pm
Quoting currencyexch
1700 GMT

2100 GMT not 1700 don't know where my head was
  • #136,024
  • Jun 8, 2009 12:32pm Jun 8, 2009 12:32pm
Quoting jack.canadia
I hope you didnt...
yes i am, not sure how far would it be long
GELORE
  • #136,025
  • Jun 8, 2009 12:33pm Jun 8, 2009 12:33pm
Quoting Spike
NOT YET! WAY TOO EARLY!

Spike
from where to short will be better??

Ub
  • #136,026
  • Jun 8, 2009 12:34pm Jun 8, 2009 12:34pm
Quoting currencyexch
2100 GMT not 1700 don't know where my head was

And PM was meeting at 1700GMT or 12 noon EST So perhaps why we are seeing some of this action. Also USD under some pressure but expect it to turn around tp complete the downside correction
Looking at 1,6073 for possible top
  • #136,027
  • Jun 8, 2009 12:40pm Jun 8, 2009 12:40pm
Up?
Attached Image (click to enlarge)
Click to Enlarge Name: daily.gif Size: 10 KB
  • #136,028
  • Jun 8, 2009 12:41pm Jun 8, 2009 12:41pm
I'm looking for short from 1.6130... lets see...
  • #136,029
  • Jun 8, 2009 12:45pm Jun 8, 2009 12:45pm
Quoting ubaidahsan
from where to short will be better??

Ub
http://www.forexfactory.com/%5BIMG%5....gif%5B/IMG%5D

Personally, I'm looking for a good RSI cross, Somewhere around 1.6100 or above.

Spike
Will, Knowledge, Discipline, And tenacity=Success
  • #136,030
  • Jun 8, 2009 12:46pm Jun 8, 2009 12:46pm
i have big resistence up at h1 chart(indikator momentun 14)
  • #136,031
  • Jun 8, 2009 12:48pm Jun 8, 2009 12:48pm
Quoting paul czech
i have big resistence up at h1 chart(indikator momentun 14)
divergence,,,....i'm nervous but i'm waiting to short
  • #136,032
  • Jun 8, 2009 12:51pm Jun 8, 2009 12:51pm
Waiting for all 3 of my RSI indi's to cross,
With most of the most of the new bar.

Spike
Attached Image (click to enlarge)
Click to Enlarge Name: t681m0.gif Size: 47 KB
Will, Knowledge, Discipline, And tenacity=Success
  • #136,033
  • Jun 8, 2009 12:52pm Jun 8, 2009 12:52pm
Quoting juhanimi
Up?
Yes up .. that overlapped with a 38.2 and support.
  • #136,034
  • Jun 8, 2009 12:54pm Jun 8, 2009 12:54pm
Quoting Ges
I'm looking for short from 1.6130... lets see...
  • #136,035
  • Jun 8, 2009 12:55pm Jun 8, 2009 12:55pm
Quoting jack.canadia
Yes up .. that overlapped with a 38.2 and support.
short trend end Jack?
  • #136,036
  • Jun 8, 2009 12:56pm Jun 8, 2009 12:56pm
Quoting jack.canadia
Yes up .. that overlapped with a 38.2 and support.
It really looks like North.
Attached Image (click to enlarge)
Click to Enlarge Name: daily2.gif Size: 10 KB
  • #136,037
  • Jun 8, 2009 12:57pm Jun 8, 2009 12:57pm
Quoting paul czech
short trend end Jack?
Not necessarily ended but just correcting.

Could even retest the highs, who knows.
  • #136,038
  • Jun 8, 2009 12:58pm Jun 8, 2009 12:58pm
Quoting juhanimi
Up?

Think we easily go tp at least 157.00
  • #136,039
  • Jun 8, 2009 1:06pm Jun 8, 2009 1:06pm
Quoting currencyexch
Think we easily go tp at least 157.00
Maybe You mean 1.67?
  • #136,040
  • Jun 8, 2009 1:09pm Jun 8, 2009 1:09pm
Quoting jack.canadia
Not necessarily ended but just correcting.

Could even retest the highs, who knows.
after Brown's meeting we will go down, 6100 is good area?
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