Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#136,521
Jun 10, 2009 8:04am Jun 10, 2009 8:04am

thirtypips
| Joined Aug 2008 | Status: Trader | 76 Posts

Quoting thirtypips

Disliked

The last run up and drop was just the Bulls taking their possitions and then taking their profits, now waiting for the next run. That market has to move up and down or there are no profits to be made.

I am now looking for the best possition to take another BUY.

Ignored

Just took a buy at 1.6484, TP at 1.6455

#136,522
Jun 10, 2009 8:10am Jun 10, 2009 8:10am

Instinct
| Joined Oct 2008 | Status: C.S Student | 51 Posts

Quoting thirtypips

Disliked

Just took a buy at 1.6484, TP at 1.6455

Ignored

you mean 6384..

#136,523
Jun 10, 2009 8:23am Jun 10, 2009 8:23am

thirtypips
| Joined Aug 2008 | Status: Trader | 76 Posts

Quoting Instinct

Disliked

you mean 6384..

Ignored

Yes, sorry, Buy at 1.6384 and just closed at 1.6414.

Closed early with 30 pips

#136,524
Edited 8:31am Jun 10, 2009 8:28am | Edited 8:31am

aiyahmarklah
Joined Jan 2008 | Status: Trader | 1,043 Posts

USD bull seems to be lurking around...or is it just me ?

#136,525
Jun 10, 2009 8:31am Jun 10, 2009 8:31am

Ferick
| Joined Jan 2009 | Status: Trader | 215 Posts

The question is why? Does anybody know of any significant news that came out today? Or are they just overextended........

#136,526
Jun 10, 2009 8:34am Jun 10, 2009 8:34am

aiyahmarklah
Joined Jan 2008 | Status: Trader | 1,043 Posts

just take the spectator seat for the time being.....was long cable yesterday but today I froze.

#136,527
Jun 10, 2009 8:41am Jun 10, 2009 8:41am

thirtypips
| Joined Aug 2008 | Status: Trader | 76 Posts

Quoting Ferick

Disliked

The question is why? Does anybody know of any significant news that came out today? Or are they just overextended........

Ignored

USA Beige Book and Federal Budget Balance are out at 7pm GMT. This could have something to do with it or it is just Wednesday.

#136,528
Jun 10, 2009 9:01am Jun 10, 2009 9:01am

Nene
| Additional Username | Joined May 2009 | 2,719 Posts

That is how I see it, Long with my T/P @ 1.6571 and stop at 1.6325

Quoting aiyahmarklah

Disliked

USD bull seems to be lurking around...or is it just me ?

Ignored

#136,529
Jun 10, 2009 9:09am Jun 10, 2009 9:09am

crabcake
| Joined Feb 2009 | Status: Trader | 171 Posts

Quoting Nene

Disliked

That is how I see it, Long with my T/P @ 1.6571 and stop at 1.6325

Ignored

count me in!!

#136,530
Jun 10, 2009 9:11am Jun 10, 2009 9:11am

Reznik
| Joined May 2009 | Status: Smart Money Guy | 546 Posts

That is how I see it, Long with my T/P @ 1.6571 and stop at 1.6325

why?? Cause I see a SHORT...

#136,531
Jun 10, 2009 9:13am Jun 10, 2009 9:13am

thirtypips
| Joined Aug 2008 | Status: Trader | 76 Posts

Quoting crabcake

Disliked

count me in!!

Ignored

YEs, 1.6360 is not wanting to break as it was yesterday's HIGH so today's SUPPORT.

I did a BUY at 1.6360, SL at 1.6325 and TP at 1.6455

#136,532
Jun 10, 2009 9:16am Jun 10, 2009 9:16am

Reznik
| Joined May 2009 | Status: Smart Money Guy | 546 Posts

So SHORT... Crying cause the onion smell. Laughing to the Bank.

SHORT!!!

#136,533
Jun 10, 2009 9:18am Jun 10, 2009 9:18am

4cfx
| Joined May 2009 | Status: Trader | 451 Posts

Quoting Reznik

Disliked

That is how I see it, Long with my T/P @ 1.6571 and stop at 1.6325

why?? Cause I see a SHORT...

Ignored

It's just about breaking pivot at 6348. There's doji on the 4H plus candle for current period pretty bearish. Are you sure about your long?

#136,534
Jun 10, 2009 9:19am Jun 10, 2009 9:19am

Nene
| Additional Username | Joined May 2009 | 2,719 Posts

There was a swing trade setup that was triggered at 1.6425 this morning. This is a Daily trade and may take a day or 2 to complete, one way or another.

Ne