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Cable Update (GBPUSD)

  • #138,681
  • Jun 21, 2009 5:26pm Jun 21, 2009 5:26pm
Quoting paul czech
my idea was 1,69 -70 after triangle break this week,your idea is ok,but g.brown maybe will be out next week....and pound can she go down!!!
Brov it is a scap trade.....not a swing....
Let Price determine your future!
  • #138,682
  • Jun 21, 2009 5:30pm Jun 21, 2009 5:30pm
Quoting paul czech
technically will be cable go to 1,70 very fast but fundament is very dangerous....
Brov without hurting your thoughts....Please dont post sycho like figures here....sycho is a member....on the board by the way lets talk about a week or a day.. I dont mind....there are weekly forums and also please post your charts and reasons as to why you think it will go to 1.7.....

Anyways Good luck...
Geppy wants all to win..
Let Price determine your future!
  • #138,683
  • Jun 21, 2009 5:32pm Jun 21, 2009 5:32pm
geppy is your trigger finger ready??
  • #138,684
  • Jun 21, 2009 5:36pm Jun 21, 2009 5:36pm
Off topic a bit.

What happened to NZDUSD?
Great Bodies are Engineered not Born
  • #138,685
  • Jun 21, 2009 5:38pm Jun 21, 2009 5:38pm
Trade 1:

Long at 1.6458 stop @ 1.6430 target 1.6488
Let Price determine your future!
  • #138,686
  • Jun 21, 2009 5:41pm Jun 21, 2009 5:41pm
Still holding to my short @1.6511
Great Bodies are Engineered not Born
  • #138,687
  • Jun 21, 2009 5:43pm Jun 21, 2009 5:43pm
Quoting RichLadyFX
Still holding to my short @1.6511
Nice Short I wish you luck

I can see this bearish as well...but am scalping it lets see..
Let Price determine your future!
  • #138,688
  • Jun 21, 2009 5:45pm Jun 21, 2009 5:45pm
Quoting Geppyg
Nice Short I wish you luck

I can see this bearish as well...but am scalping it lets see..
GL to you too, waiting for Japan opens.
Great Bodies are Engineered not Born
  • #138,689
  • Jun 21, 2009 5:52pm Jun 21, 2009 5:52pm
Quoting Geppyg
Trade 1:

Long at 1.6458 stop @ 1.6430 target 1.6488
Stop moved to break even currently +20
Let Price determine your future!
  • #138,690
  • Jun 21, 2009 5:53pm Jun 21, 2009 5:53pm
Quoting Geppyg
Stop moved to break even currently +20
Close my short@ 28 pips.
Great Bodies are Engineered not Born
  • #138,691
  • Jun 21, 2009 6:03pm Jun 21, 2009 6:03pm
Quoting Geppyg
Brov without hurting your thoughts....Please dont post sycho like figures here....sycho is a member....on the board by the way lets talk about a week or a day.. I dont mind....there are forums and also please post your charts and reasons as to why you think it will go to 1.7.....

Anyways Good luck...
Geppy wants all to win..
i'm not gambler...if price break triangle at daily chart then next target is 1,70,because size of triangle is about 750 pips and break price 6600 + 750=1,7350but1,7 is psychological price ,so my target is 1,70....triangle size rules:highest point / lowest point...this is my rules...
  • #138,692
  • Jun 21, 2009 6:13pm Jun 21, 2009 6:13pm
Quoting paul czech
i'm not gambler...if price break triangle at daily chart then next target is 1,70,because size of triangle is about 750 pips and break price 6600 + 750=1,7350but1,7 is psychological price ,so my target is 1,70....triangle size rules:highest point / lowest point...this is my rules...
Whatever ........Goodnight
Let Price determine your future!
  • #138,693
  • Jun 21, 2009 6:16pm Jun 21, 2009 6:16pm
Quoting Geppyg
Stop moved to break even currently +20
Had to move stop again....rich lady beat me to my pips in all fairness missed my target by 2 pips lol...
Again stop is at @430....agghh

Well done richladyfx
Let Price determine your future!
  • #138,694
  • Jun 21, 2009 6:18pm Jun 21, 2009 6:18pm
Its currently bouncing of a 5 mins channel...and also pivot is close by...so lets see. if it break this daily pivot then 380 is the next target to the downside....
Attached Image (click to enlarge)
Click to Enlarge Name: gu81.gif Size: 29 KB
Let Price determine your future!
  • #138,695
  • Jun 21, 2009 6:27pm Jun 21, 2009 6:27pm
Quoting RichLadyFX
Some analysts speculate that oil may hit usd 80 in a week or two. What does this mean to us? A weaker greenback?

It means stronger greenback. Always has. Look at the last year numbers. Oil and dollar have a strong direct correlations.
  • #138,696
  • Jun 21, 2009 6:34pm Jun 21, 2009 6:34pm
Quoting Ferick
It means stronger greenback. Always has. Look at the last year numbers. Oil and dollar have a strong direct correlations.
u mean inverse right ??
and it means weaker "greenback"
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #138,697
  • Jun 21, 2009 6:34pm Jun 21, 2009 6:34pm
Quoting Ferick
It means stronger greenback. Always has. Look at the last year numbers. Oil and dollar have a strong direct correlations.
Thanks for the info.
Great Bodies are Engineered not Born
  • #138,698
  • Jun 21, 2009 6:36pm Jun 21, 2009 6:36pm
Quoting djambazov84
u mean inverse right ??
and it means weaker "greenback"
Thanks too.

Now i have headache...
Great Bodies are Engineered not Born
  • #138,699
  • Jun 21, 2009 6:42pm Jun 21, 2009 6:42pm
As long as it does not break 78.50, it will move up. I think general trajectory for USD is up, but pound is looking very suborn. Failure to crack 1.6660 this week is a definite bearish for the pound.
Attached Image (click to enlarge)
Click to Enlarge Name: Dollar Index.JPG Size: 60 KB
  • #138,700
  • Jun 21, 2009 6:54pm Jun 21, 2009 6:54pm
Quoting djambazov84
u mean inverse right ??
and it means weaker "greenback"

No Sir. They have a direct correlation for the most part. So if you think oil will go up, same think will happen with the dollar.
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