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Cable Update (GBPUSD)

  • #138,261
  • Jun 18, 2009 7:01pm Jun 18, 2009 7:01pm
Quoting malcolmb14
I know that ..... BUT look at that high volume into support . if sellers why has t not dropped further , also 1 hour very move bullish div rsx ..

bet we get 150 - 300 point move up ... starting with gap at 9780. , 9844 may be a realistic target

Attachment
ok that was not fair .. they only gapped it to 9770 .. i was wrong lol
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  • #138,262
  • Jun 18, 2009 7:07pm Jun 18, 2009 7:07pm
dont you hate grabbing a beer from the fridge, sitting down and forgetting to open it?
  • #138,263
  • Jun 18, 2009 7:09pm Jun 18, 2009 7:09pm
longed to 80 and shorted 56, and beer is delicious
  • #138,264
  • Jun 18, 2009 7:09pm Jun 18, 2009 7:09pm
today we dive!



p/s : jack, don't you ever take a break my friend?
Thank You
  • #138,265
  • Jun 18, 2009 7:17pm Jun 18, 2009 7:17pm
Quoting wormboy
today we dive!



p/s : jack, don't you ever take a break my friend?
I leave mt charts/trade station open from like 10am till about 2am and check it often ... do stuff in between

i couldnt get a summer job this time around so i pass the time with forex .. i go to the gym everyday .. breaks for eating

its like, a fulltime job with overtime and keeps me occupied and sane lol
  • #138,266
  • Jun 18, 2009 7:20pm Jun 18, 2009 7:20pm
Quoting jack.canadia
longed to 80 and shorted 56, and beer is delicious

Dear Jack,
Being a newbie here, this is my first post, what do u mean by longed to 80 and shorted 56.
Thanks.
  • #138,267
  • Jun 18, 2009 7:21pm Jun 18, 2009 7:21pm
Quad or Quadruple Witching


There are no U.S. economic reports tomorrow but that does not mean that we wont have some interesting volatility in the financial markets. Quite the contrary as we have Quad or Quadruple Witching on the calendar. Quadruple witching only occurs four times a year - on the third Friday of March, June, September and December.


It is a day when the contracts for stock index futures, stock index options, stock options and single stock futures (SSF) all expire. This usually leads to some erratic price action in the equity markets. Since currencies like to take its cue from equities, we could see some uneven price action in the forex market.
  • #138,268
  • Jun 18, 2009 7:23pm Jun 18, 2009 7:23pm
Quoting francish
Dear Jack,
Being a newbie here, this is my first post, what do u mean by longed to 80 and shorted 56.
Thanks.
I was in a long trade up to 6380 and then I shorted at 6356 .. sorry for the jargon
  • #138,269
  • Jun 18, 2009 7:26pm Jun 18, 2009 7:26pm
Quoting jack.canadia
I leave mt charts/trade station open from like 10am till about 2am and check it often ... do stuff in between

i couldnt get a summer job this time around so i pass the time with forex .. i go to the gym everyday .. breaks for eating

its like, a fulltime job with overtime and keeps me occupied and sane lol
okay buddy. just don't forget to enjoy your summer
off for my morning jog. laters
Thank You
  • #138,270
  • Jun 18, 2009 7:30pm Jun 18, 2009 7:30pm
Quoting wormboy
okay buddy. just don't forget to enjoy your summer
off for my morning jog. laters
oh i still do! no worries mate.

enjoy the run .. i did track for 4 years in university btw2! sprinter
  • #138,271
  • Jun 18, 2009 7:33pm Jun 18, 2009 7:33pm
Quoting jack.canadia
I was in a long trade up to 6380 and then I shorted at 6356 .. sorry for the jargon

thanks. i hope to be around for a long time. hahaha. pls bear with me. am learning slowly, and hopefully surely. lost a few usd past few weeks.
  • #138,272
  • Jun 18, 2009 7:39pm Jun 18, 2009 7:39pm
Quoting jack.canadia
marry to 80 and extra marital at 56, and beer is delicious
ok
  • #138,273
  • Jun 18, 2009 7:42pm Jun 18, 2009 7:42pm
Trading plan for today:

short till 6230 then long for 6330 then short for 6230 then long for 6330 then short for 6230 then long for 6330 then short for 6230 then long for 6330 then short for 6230 then long for 6330 then short for 6230 then long for 6330 then short for 6230 then long for 6330 then short for 6230 then long for 6330 then short for 6230
  • #138,274
  • Jun 18, 2009 7:43pm Jun 18, 2009 7:43pm
Quoting forexlion
ok
thats twice today ive seen you change someones post in the quote section lol
  • #138,275
  • Jun 18, 2009 7:44pm Jun 18, 2009 7:44pm
gbp is strongest of the 3 european pairs... i ended my shorts at BE... want to wait it out.
Attached Image (click to enlarge)
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  • #138,276
  • Jun 18, 2009 7:44pm Jun 18, 2009 7:44pm
Still holding to my short order @1.6324, -15 pips though.
Great Bodies are Engineered not Born
  • #138,277
  • Jun 18, 2009 7:51pm Jun 18, 2009 7:51pm
Quoting RichLadyFX
Still holding to my short order @1.6324, -15 pips though.

this could be some form of accumulation

that is twice now it has been marked down to 6320 . I am long still . 6450 / 6500 test as target.

Maybe once we get quadruple witching out of the way tomorrow markets will become more unidirectional .

i am a day trader though , taking 20 - 100 pips a time if the market gifts me that.

Attached Image (click to enlarge)
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  • #138,278
  • Jun 18, 2009 7:52pm Jun 18, 2009 7:52pm
Quoting malcolmb14
this could be some form of accumulation

that is twice now it has been marked down to 6320 . I am long still . 6450 / 6500 test as target.

Maybe once we get quadruple witching out of the way tomorrow markets will become more unidirectional .

i am a day trader though , taking 20 - 100 pips a time if the market gifts me that.

Attachment

wrong chart

Attached Image (click to enlarge)
Click to Enlarge Name: chf01.gif Size: 19 KB
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  • #138,279
  • Jun 18, 2009 7:54pm Jun 18, 2009 7:54pm
Quoting RichLadyFX
Still holding to my short order @1.6324, -15 pips though.
Are you kidding? its too lower for today pivot, i will find target for short @ 1638x/164xx.
  • #138,280
  • Jun 18, 2009 8:08pm Jun 18, 2009 8:08pm
anyone interested in going LONG with USD/CHF... i went long @ 1.0840 T/P 1.0920; safer than cable and eurusd.
Attached Image (click to enlarge)
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