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Cable Update (GBPUSD)

  • #137,281
  • Jun 15, 2009 3:55pm Jun 15, 2009 3:55pm
Quoting alex1976
Can this short hold through till tomorrow, and if so whats your first tp?


What stop loss are you using for your short at 324?
I am going to see if she can go below 5800 .. So yes i will try to hold. My stop is breakeven on all my shorts at 6395
  • #137,282
  • Jun 15, 2009 4:13pm Jun 15, 2009 4:13pm
Quoting RichLadyFX
Are we really finished with shorts today? Missed my TP by few pips.

I thought you'd moved your TP a bit higher to avoid support at 1.624?
  • #137,283
  • Jun 15, 2009 4:44pm Jun 15, 2009 4:44pm
Good to see everybody on the happy drug...... well shorties anyway

TP adjusted to 1.5850.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #137,284
  • Jun 15, 2009 5:03pm Jun 15, 2009 5:03pm
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
Looking at the daily , a double top is clearly visible, we might go down to 1.6054 in a couple of hours only if the support at 6248 gives way.
I like the Big Dogs because I trade like them
  • #137,285
  • Jun 15, 2009 5:42pm Jun 15, 2009 5:42pm
Hey,

Whats the best Free Forex: Charts Software:

Im currently using accucharts but compared to other charts it sometimes is alittle un-acurate

And metatraders interface is a little tough to get use to...

So any other ones out there i could try?
  • #137,286
  • Jun 15, 2009 6:09pm Jun 15, 2009 6:09pm
Forex support resistance level

http://forexforums.dailyfx.com/attac...yst-forex1.jpg

___________________

S + R = $$$

.
  • #137,287
  • Jun 15, 2009 6:21pm Jun 15, 2009 6:21pm
Quoting AndyPass
I thought you'd moved your TP a bit higher to avoid support at 1.624?



Great Bodies are Engineered not Born
  • #137,288
  • Jun 15, 2009 7:33pm Jun 15, 2009 7:33pm
Quoting AndyPass
I thought you'd moved your TP a bit higher to avoid support at 1.624?
Finally hit my TP. Where do we go from here? Started to long for scalping...
Great Bodies are Engineered not Born
  • #137,289
  • Jun 15, 2009 7:37pm Jun 15, 2009 7:37pm
this ones going south, it looks like!!!


174 next support?

Anyone agree?
  • #137,290
  • Jun 15, 2009 7:38pm Jun 15, 2009 7:38pm
Is this is measured move?
  • #137,291
  • Jun 15, 2009 7:41pm Jun 15, 2009 7:41pm
Quoting RichLadyFX
Finally hit my TP. Where do we go from here? Started to long for scalping...

I think there is too much momentum down at the moment to go long!
  • #137,292
  • Jun 15, 2009 7:42pm Jun 15, 2009 7:42pm
I will sell @ 1.6200, TP 1.6100
  • #137,293
  • Jun 15, 2009 7:43pm Jun 15, 2009 7:43pm
very steep slope on macd 15min!
  • #137,294
  • Jun 15, 2009 7:44pm Jun 15, 2009 7:44pm
welcome 1.6073..... short till here..... then prepare to long.... average 200 poin below
  • #137,295
  • Jun 15, 2009 7:49pm Jun 15, 2009 7:49pm
Quoting alex1976
very steep slope on macd 15min!
Nice trade! I just took a nap and woke up smiling hahah
  • #137,296
  • Jun 15, 2009 7:52pm Jun 15, 2009 7:52pm
is the head and shoulders playing out on the 1hr?
  • #137,297
  • Jun 15, 2009 7:53pm Jun 15, 2009 7:53pm
Quoting sinyo79
welcome 1.6073..... short till here..... then prepare to long.... average 200 poin below
I would like to see 5800 and below to be honest.
  • #137,298
  • Jun 15, 2009 7:54pm Jun 15, 2009 7:54pm
Quoting alex1976
is the head and shoulders playing out on the 1hr?
It's a pretty ugly looking one but if it is one, then the neckline is broken.
  • #137,299
  • Jun 15, 2009 7:54pm Jun 15, 2009 7:54pm
since daily close below 1.6236 as per mentioned in NY session....1.60896 is where am looking for today..good luck to all
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  • #137,300
  • Jun 15, 2009 7:55pm Jun 15, 2009 7:55pm
Quoting jack.canadia
It's a pretty ugly looking one but if it is one, then the neckline is broken.

So then it looks like 5800 is a strong possibillity!
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