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Cable Update (GBPUSD)

  • #136,601
  • Jun 10, 2009 4:02pm Jun 10, 2009 4:02pm
The Insider, Hello all Critics, Professionals and Learners...
The Cable has elude alot, escaped few and killed the rest recently. But today I will give U an inside TREND for only tomorrow...


The Cable is going SOUTH... To test the strong supprt line @ 1.6137
  • #136,602
  • Jun 10, 2009 4:05pm Jun 10, 2009 4:05pm
Quoting Reznik
The Insider, Hello all Critics, Professionals and Learners...
The Cable has elude alot, escaped few and killed the rest recently. But today I will give U an inside TREND for only tomorrow...


The Cable is going SOUTH... To test the strong supprt line @ 1.6137
what's timeframe and set up indicators you have???
  • #136,603
  • Jun 10, 2009 4:06pm Jun 10, 2009 4:06pm
Reznik, what is your basis for calling the trend south for the next uk open?
  • #136,604
  • Jun 10, 2009 4:07pm Jun 10, 2009 4:07pm
Quoting eohater
hmmm...I don't know how to answer that. I'm not really a trend trader, more or an intraday trader going in both directions. I had some nice pippage in both directions.

How about yourself?

Really tell me more...
  • #136,605
  • Jun 10, 2009 4:11pm Jun 10, 2009 4:11pm
I just noticed I have a couple of shorts open at 1.5856 still...

But keep an eye on the U/J it hasn't hit 99 yet-- so there might be one more leg up before the downward movement.
  • #136,606
  • Jun 10, 2009 4:15pm Jun 10, 2009 4:15pm
The support line is actually 1.6083...


Digest later. Am out...
  • #136,607
  • Jun 10, 2009 4:15pm Jun 10, 2009 4:15pm
Quoting Reznik
Really tell me more...
what's timeframe and set up indicators you have???
  • #136,608
  • Jun 10, 2009 4:17pm Jun 10, 2009 4:17pm
Quoting Reznik
Really tell me more...
Come by my thread anytime during the US Session. Our printing presses are hard at work during this time. You'll see what I mean.
Just digging in the trenches like everyone else!
  • #136,609
  • Jun 10, 2009 4:19pm Jun 10, 2009 4:19pm
i have only long bias for tomorrow....
  • #136,610
  • Jun 10, 2009 4:22pm Jun 10, 2009 4:22pm
i see it going back to test 6470!

Any opinions?
  • #136,611
  • Jun 10, 2009 4:22pm Jun 10, 2009 4:22pm
Quoting paul czech
i have only long bias for tomorrow....
I have no bias! I don't care for a whirl wind where she goes, as long as I'm on the right side of the trade.
Just digging in the trenches like everyone else!
  • #136,612
  • Jun 10, 2009 4:24pm Jun 10, 2009 4:24pm
well said, Trade what you see NOT what you expect.
  • #136,613
  • Jun 10, 2009 4:24pm Jun 10, 2009 4:24pm
Quoting alex1976
i see it going back to test 6470!

Any opinions?
I can see that, but I can see it going to 655x if it's going to go to 6470. On the other side of the coin, I can see 593x on the plate as well.
Just digging in the trenches like everyone else!
  • #136,614
  • Jun 10, 2009 4:24pm Jun 10, 2009 4:24pm
Cable going up n up may be area 1.68 so be carefull
  • #136,615
  • Jun 10, 2009 4:26pm Jun 10, 2009 4:26pm
Quoting Faryad
Cable going up n up may be area 1.68 so be carefull
i agree
  • #136,616
  • Jun 10, 2009 4:27pm Jun 10, 2009 4:27pm
i'm not sure but it is just my view..
I'm afraid he well abort the drop down to 1.61xx for today unless any news afford it , my view probably 4H and Daily mine stoch 14.3-3 and 5-3-3 will continue North to 1.66xx

Do Not Follow Guy's is my view oNLY
  • #136,617
  • Jun 10, 2009 4:27pm Jun 10, 2009 4:27pm
eohater, do u see leg two happening on the 15min, uptrend continuation from 1 pm?
  • #136,618
  • Jun 10, 2009 4:33pm Jun 10, 2009 4:33pm
Quoting alex1976
eohater, do u see leg two happening on the 15min, uptrend continuation from 1 pm?
Definately possible. I don't like how my last h4 closed, but I do like how my daily has closed. My last h4 is supporting a long movement, but we will have low volume for the next 4 hours. My daily is showing me a nice shorting opportunity right now as well.
Just digging in the trenches like everyone else!
  • #136,619
  • Jun 10, 2009 4:33pm Jun 10, 2009 4:33pm
hi!
i went short @ 6363 with sl 6380. I tend to think that cable will test 6245 once more, at least it will try to get to 6300. what's your reasons to think that it will climb up again to 66xx or even 68xx?
  • #136,620
  • Jun 10, 2009 4:34pm Jun 10, 2009 4:34pm
i'm not sure but it is just my view..
I'm afraid he well abort the drop down to 1.61xx for today unless any news afford it , my view probably 4H and Daily mine stoch 14.3-3 and 5-3-3 will continue North to 1.66xx

Do Not Follow Guy's is my view oNLY
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