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Cable Update (GBPUSD)

  • #136,841
  • Jun 11, 2009 9:28pm Jun 11, 2009 9:28pm
resistance lines for me here. Downtrend just for now but lets see when London open.
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  • #136,842
  • Jun 11, 2009 9:37pm Jun 11, 2009 9:37pm
I am Long @ 1.6524 with..

TP @ 1.6558 and

SL @ 1.6487
  • #136,843
  • Jun 11, 2009 9:40pm Jun 11, 2009 9:40pm
Quoting Angelina
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.

hits my BE .
  • #136,844
  • Jun 11, 2009 9:42pm Jun 11, 2009 9:42pm
Quoting TrendsFX
I am Long @ 1.6524 with..

TP @ 1.6558 and

SL @ 1.6487
looks like a nice call,what was the trigger for u,Mike
  • #136,845
  • Jun 11, 2009 9:48pm Jun 11, 2009 9:48pm
Quoting TrendsFX
I am Long @ 1.6524 with..

TP @ 1.6558 and

SL @ 1.6487

30mins chart hit 50 MA.
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  • #136,846
  • Jun 11, 2009 9:49pm Jun 11, 2009 9:49pm
Quoting torcuswelby
looks like a nice call,what was the trigger for u,Mike
Dear Torcuswelby I don't recommend anything. I am too inexperienced to do this by the way..

I opened the trade after seeing the price movement (behavior) and it's formation on smaller charts..
  • #136,847
  • Jun 11, 2009 9:52pm Jun 11, 2009 9:52pm
Quoting TrendsFX
Dear Torcuswelby I don't recommend anything. I am too inexperienced to do this by the way..

I opened the trade after seeing the price movement (behavior) and it's formation on smaller charts..
were u watching the 21 EMA on the 15 min for an exit?
  • #136,848
  • Jun 11, 2009 9:52pm Jun 11, 2009 9:52pm
That bounce from the days low so far was off the daily pivot point and the 61.8 fibo level from yesterdays high and low. Still waitin on the London boyz and girlz myself.
Show me the PIPS!
  • #136,849
  • Jun 11, 2009 9:53pm Jun 11, 2009 9:53pm
Quoting TrendsFX
I am Long @ 1.6524 with..

TP @ 1.6558 and

SL @ 1.6487
If this hourly candle is not closing +/- 1 pip of 1.6540 then above mentioned will be a looser trade
  • #136,850
  • Jun 11, 2009 9:55pm Jun 11, 2009 9:55pm
Quoting Angelina
30mins chart hit 50 MA.
US futures up above where they were when pound was trading higher.... crude holding its own, also higher than at same point... aussie rallying still.... I'd be surprised to see this baby correction sustain itself... but anything can and does happen.... wait till london to take postion... dont be premature...
  • #136,851
  • Jun 11, 2009 10:09pm Jun 11, 2009 10:09pm
Quoting smartalicus
US futures up above where they were when pound was trading higher.... crude holding its own, also higher than at same point... aussie rallying still.... I'd be surprised to see this baby correction sustain itself... but anything can and does happen.... wait till london to take postion... dont be premature...
your rite. I'll wait for London session, enjoy beer and pizza guys

Thx bro.
  • #136,852
  • Jun 11, 2009 10:26pm Jun 11, 2009 10:26pm
Who's up for a 300 pip dive?

Deja Vu?
http://www.forexfactory.com/showpost...stcount=135157

Good luck
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Thank You
  • #136,853
  • Jun 11, 2009 10:31pm Jun 11, 2009 10:31pm
Quoting wormboy
Who's up for a 300 pip dive?

Deja Vu?
http://www.forexfactory.com/showpost...stcount=135157

Good luck
i stopped dreaming long back, now i just trade what 15 or 30 min throws up at me.
  • #136,854
  • Jun 11, 2009 10:34pm Jun 11, 2009 10:34pm
Quoting wormboy
Who's up for a 300 pip dive?

Deja Vu?
http://www.forexfactory.com/showpost...stcount=135157

Good luck
Got my scuba tanks ready
Will, Knowledge, Discipline, And tenacity=Success
  • #136,855
  • Jun 11, 2009 10:47pm Jun 11, 2009 10:47pm
trade what u see, not what u want to beleive!
  • #136,856
  • Jun 11, 2009 11:11pm Jun 11, 2009 11:11pm
1 minute = easy 20 to 30 pips
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  • #136,857
  • Jun 11, 2009 11:14pm Jun 11, 2009 11:14pm
Quoting alex1976
trade what u see, not what u want to beleive!
That's true, But I got 30 pips so far. W/ a B/E SL
But, it may still make another run at it.
GBPJPY is trying right now

Spike
Will, Knowledge, Discipline, And tenacity=Success
  • #136,858
  • Jun 11, 2009 11:17pm Jun 11, 2009 11:17pm
Quoting Spike
That's true, But I got 30 pips so far. W/ a B/E SL
But, it may still make another run at it.
GBPJPY is trying right now

Spike
Had 30, settle for 10 in the bank.

Spike
Will, Knowledge, Discipline, And tenacity=Success
  • #136,859
  • Jun 11, 2009 11:40pm Jun 11, 2009 11:40pm
Quoting wormboy
Who's up for a 300 pip dive?

Deja Vu?
http://www.forexfactory.com/showpost...stcount=135157

Good luck
im on it

Quoting primzvicious
anyone agree?
Verily, in every difficulties there is relief
  • #136,860
  • Jun 11, 2009 11:45pm Jun 11, 2009 11:45pm
Good morning everyone.

Took a small 50 pips profit overnight on the drop down. Now I think cable is going to retest 67 today. Good luck all.
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