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Cable Update (GBPUSD)

  • #136,821
  • Jun 11, 2009 7:19pm Jun 11, 2009 7:19pm
Should hold...
  • #136,822
  • Jun 11, 2009 8:02pm Jun 11, 2009 8:02pm
Talkin to myself here...
  • #136,823
  • Jun 11, 2009 8:06pm Jun 11, 2009 8:06pm
Quoting Blacksheep6
Talkin to myself here...
At least I think they are listening. I am. Sitting nicely on the MR 2 pivot 1.6557. Watching to see if it breaks or if we are going to range.
Show me the PIPS!
  • #136,824
  • Jun 11, 2009 8:08pm Jun 11, 2009 8:08pm
Quoting Blacksheep6
6600 way overbought...any thoughts being Friday???
its been overbought for a while now. that hasn't stopped it yet.
  • #136,825
  • Jun 11, 2009 8:09pm Jun 11, 2009 8:09pm
Quoting Blacksheep6
Should hold...
No it won't. It will first false break down then all the way up.

Caution: I never traded cable.
The Thief of Wall Street
  • #136,826
  • Jun 11, 2009 8:14pm Jun 11, 2009 8:14pm
Quoting Chicky
No it won't. It will first false break down then all the way up.

Caution: I never traded cable.
cable has been working out pretty good for me. why don't you trade it?
  • #136,827
  • Jun 11, 2009 9:11pm Jun 11, 2009 9:11pm
Angelina, are you still long, and if so where you going to enter?
  • #136,828
  • Edited 10:06pm Jun 11, 2009 9:14pm | Edited 10:06pm
Quoting alex1976
Angelina, are you still long, and if so where you going to enter?
I dont know yet Alex, b/c Tokyo dont give any trend for her.
Wait for London thou.

but if I go long 6500 or 6430 my targets.

Most of pair is getting triangle now, so I 'll wait for the break.

GL Alex.
  • #136,829
  • Jun 11, 2009 9:18pm Jun 11, 2009 9:18pm
Quoting sed34
cable has been working out pretty good for me. why don't you trade it?
Sed, I will trade this move on a retrace.
The Thief of Wall Street
  • #136,830
  • Jun 11, 2009 9:20pm Jun 11, 2009 9:20pm
Quoting Angelina
I dont know yet Alex, b/c Tokyo dont give any trend for her.
Wait for London thou.

but if I go long 6500 or 6430 my target.

GL Alex.

So your looking between the 38.2 and 61.8fib to long then.

GL to you too Angelina.
  • #136,831
  • Jun 11, 2009 9:37pm Jun 11, 2009 9:37pm
anyone agree?
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Verily, in every difficulties there is relief
  • #136,832
  • Jun 11, 2009 9:41pm Jun 11, 2009 9:41pm
Alex, check for range.
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  • #136,833
  • Jun 11, 2009 10:09pm Jun 11, 2009 10:09pm
Quoting alex1976
So your looking between the 38.2 and 61.8fib to long then.

GL to you too Angelina.

If 6500 cant hold I will long around 6430 area. It seems up b/c asian stocks up.
  • #136,834
  • Jun 11, 2009 10:20pm Jun 11, 2009 10:20pm
... for real.. a beer and pizza sounds good as I watch this sucker range. I don't think we'll see a break until Euro/London session. I'm still neutral.
Attached Image (click to enlarge)
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Show me the PIPS!
  • #136,835
  • Jun 11, 2009 10:41pm Jun 11, 2009 10:41pm
yeah your rite . Lets me get a beer now.
Attached Image
  • #136,836
  • Jun 11, 2009 11:06pm Jun 11, 2009 11:06pm
Angelina, would you say its best to wait to enter closer to the uk open, as its hard to tell what fib its gonna hit right before the open?
  • #136,837
  • Jun 11, 2009 11:13pm Jun 11, 2009 11:13pm
is everybody getting their trigger finger ready??
  • #136,838
  • Jun 11, 2009 11:16pm Jun 11, 2009 11:16pm
I think we could short @ 6540 for 24pips . My tp @ 6450 lets see.
I moved my sl to BE, b/c it could move up any time. Asian stocks keep moving up.

I am trading range right now. I m not sure when should we enter be4 London,Euro open but let see where it hits around 15 mins be4 that.
  • #136,839
  • Jun 11, 2009 11:22pm Jun 11, 2009 11:22pm
Angelina, could the divergence on the one hour with MACD cause a trendlinebreak on the 1hr upward trendline?
  • #136,840
  • Jun 11, 2009 11:24pm Jun 11, 2009 11:24pm
It breaks 5mins chart
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