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Cable Update (GBPUSD)

  • #137,521
  • Jun 16, 2009 8:07am Jun 16, 2009 8:07am
Quoting Lejumeau
hope you hold on you plan last nigth Richlady, you should them be +200 this morning.

See most of everybody want it to short last nigth, price bounce up 200pip and still everybody want to short again this morning ???

good call richlady
It is not like that, I closed my pos. @ 1.6270

and I'm looking for a short pos. again, you got it??
  • #137,522
  • Jun 16, 2009 8:26am Jun 16, 2009 8:26am
Quoting Lejumeau
hope you hold on you plan last nigth Richlady, you should them be +200 this morning.

See most of everybody want it to short last nigth, price bounce up 200pip and still everybody want to short again this morning ???

good call richlady
Yup, what about you?
Great Bodies are Engineered not Born
  • #137,523
  • Jun 16, 2009 8:26am Jun 16, 2009 8:26am
1.6400 (a few pips up or down) is next
  • #137,524
  • Jun 16, 2009 8:31am Jun 16, 2009 8:31am
Took a short at 6465, modest first target of 6390, being 38.2 fib retrace of latest up.

Wormboy, what's your take on this now?
  • #137,525
  • Jun 16, 2009 8:36am Jun 16, 2009 8:36am
I'll put my target @ 1.6284
  • #137,526
  • Jun 16, 2009 8:42am Jun 16, 2009 8:42am
Quoting kareemmalki
I'll put my target @ 1.6284
Hi why that particular level?
  • #137,527
  • Jun 16, 2009 8:43am Jun 16, 2009 8:43am
Quoting kareemmalki
I'll put my target @ 1.6284
nice one.. hope can reach near.. i close shorty 100 pips.. time to bed now
  • #137,528
  • Jun 16, 2009 8:43am Jun 16, 2009 8:43am
Quoting 4cfx
Took a short at 6465, modest first target of 6390, being 38.2 fib retrace of latest up.

Wormboy, what's your take on this now?
Here:
http://www.forexfactory.com/showpost...postcount=1387
Thank You
  • #137,529
  • Jun 16, 2009 8:43am Jun 16, 2009 8:43am
I wonder if the potential h&s will play out. Thoughts anyone?
  • #137,530
  • Jun 16, 2009 8:45am Jun 16, 2009 8:45am
Quoting wormboy
Here:
http://www.forexfactory.com/showpost...postcount=1387
Sorry mate, that you got stopped out. This pair is real evil .

Will you come back into play?
  • #137,531
  • Jun 16, 2009 8:46am Jun 16, 2009 8:46am
Quoting wormboy
Here:
http://www.forexfactory.com/showpost...postcount=1387
bad luck this time but bro please update us for new setup when you go short or long

Ub
  • #137,532
  • Jun 16, 2009 8:52am Jun 16, 2009 8:52am
Quoting 4cfx
Sorry mate, that you got stopped out. This pair is real evil .

Will you come back into play?
It's not an evil pair. I trade dragon primarily, now that is beast to trade.
But I bloody hate news spikes.
I'll be back
Thank You
  • #137,533
  • Jun 16, 2009 8:53am Jun 16, 2009 8:53am
Quoting ubaidahsan
bad luck this time but bro please update us for new setup when you go short or long

Ub
Will do ub. Trade safe bro
Thank You
  • #137,534
  • Jun 16, 2009 8:55am Jun 16, 2009 8:55am
Quoting 4cfx
Hi why that particular level?

it is the weekly pivot

I can send you the indicator, it is very good to let you know the target precisely
  • #137,535
  • Jun 16, 2009 8:57am Jun 16, 2009 8:57am
Quoting kareemmalki
it is the weekly pivot

I can send you the indicator, it is very good to let you know the target precisely
Thanks. Please do.
  • #137,536
  • Jun 16, 2009 8:58am Jun 16, 2009 8:58am
after the news usd/jpy made an expected down move, so yen pairs was the faster pairs, I opened short pos. on Gj too
  • #137,537
  • Jun 16, 2009 8:59am Jun 16, 2009 8:59am
maybe the short game wasn't over after all, some just went short to early, i don't think it wll hold, i do think if price close above 1.6460 it will fall
  • #137,538
  • Jun 16, 2009 9:00am Jun 16, 2009 9:00am
what happened here, no1 posting?

Is the H&S gonna play out?
  • #137,539
  • Edited 9:25am Jun 16, 2009 9:06am | Edited 9:25am
tested add, based on Magenta MA, cannot passed and deviation 0.5 cannot break.

Attached Image (click to enlarge)
Click to Enlarge Name: setdah.gif Size: 19 KB

1st buy closed at BE.
2rd buy SL @ BE+1

good, no pressure, my BE+1 still safe.
  • #137,540
  • Jun 16, 2009 9:30am Jun 16, 2009 9:30am
Looks like it's ranging between 1.6375 - 1.6407.

Will go long or short on the breakout.
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