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Cable Update (GBPUSD)

  • #139,001
  • Jun 22, 2009 8:01am Jun 22, 2009 8:01am
somebody plz tickle the bull to jump up! heh
  • #139,002
  • Jun 22, 2009 8:01am Jun 22, 2009 8:01am
U/Cad hit R3 a few minutes ago... Now cable will need to catch up (INVERSE DIRECTION) -- DOWN

I exited my short on the E/J after 4.5 hours for 10 pips profit... That thing was just not following gravity today...
  • #139,003
  • Jun 22, 2009 8:02am Jun 22, 2009 8:02am
Where is good place to TP?
Great Bodies are Engineered not Born
  • #139,004
  • Jun 22, 2009 8:03am Jun 22, 2009 8:03am
Quoting Geppyg
Went long brov at 1.6436..for a scalp...still in the trade my stop is at 1.6370...

Thanks sree....
Good luck mate
But I think richladygaga gave the wrong dosage! So keep those stop tight!
Thank You
  • #139,005
  • Jun 22, 2009 8:03am Jun 22, 2009 8:03am
Quoting Ipips
haha. Since last week it has been up down up down up down up down up down. This has bailed me out of my losing positions several times now..
Its ok with u ..but me I cannot be infront of the computer all the time..so scalping not for me only when I am free.
  • #139,006
  • Jun 22, 2009 8:06am Jun 22, 2009 8:06am
Quoting wormboy
I didn't draw that! lol
But how's this for creativity?
A real possibility....... Keep an eye on that rising trend line buddy.
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #139,007
  • Jun 22, 2009 8:07am Jun 22, 2009 8:07am
EUR/USD BUYING SIGNAL ?
  • #139,008
  • Jun 22, 2009 8:08am Jun 22, 2009 8:08am
Quoting RichLadyFX
Where is good place to TP?
I have 1.6333 but I also take profit every 20 -30 pips along the way... I usually start off scalping til direction is clearer (for me anyway) then I trade reversals for another 10-20 pips off the 00,25,50,75 levels or fibs and s/r lines...

Currently I'm short at 1.6495, 1.6427, & 1.6414. and a sell stop 1.6398. I only trade when I can sit infront of my terminal though-- cause PA can always change...
  • #139,009
  • Jun 22, 2009 8:12am Jun 22, 2009 8:12am
Quoting RichLadyFX
Where is good place to TP?
Are you sure with the shorts?? I am not taking any position yet..
  • #139,010
  • Jun 22, 2009 8:16am Jun 22, 2009 8:16am
Quoting fxcritic
Are you sure with the shorts?? I am not taking any position yet..
Short already @6408, looking for a suitable place to TP.
Great Bodies are Engineered not Born
  • #139,011
  • Jun 22, 2009 8:18am Jun 22, 2009 8:18am
Quoting jack.canadia
.. im with wormboy on being short this week.

off to bed see u in the morning
good morning .. yet again i love the pound! floating +113

anyone else short?
  • #139,012
  • Jun 22, 2009 8:19am Jun 22, 2009 8:19am
Quoting RichLadyFX
Short already @6408, looking for a suitable place to TP.
Good move.. but I think I'll wait a bit before taking a short.
  • #139,013
  • Jun 22, 2009 8:21am Jun 22, 2009 8:21am
USDCAD target acquired!! was long from 1.08, TP 1.15 .. + 700!
  • #139,014
  • Jun 22, 2009 8:21am Jun 22, 2009 8:21am
1.6370 was strong s/r last week-- we could bounce pretty hard off it
  • #139,015
  • Jun 22, 2009 8:23am Jun 22, 2009 8:23am
Quoting jack.canadia
good morning .. yet again i love the pound! floating +113

anyone else short?
Did you short again on Friday Jack? Well done for recovering the 25 pips. I have not had a chance yet mate. Wish me luck. What are you thinking from here BTW?
You've got to be IN IT to WIN IT!
  • #139,016
  • Jun 22, 2009 8:24am Jun 22, 2009 8:24am
Quoting jack.canadia
USDCAD target acquired!! was long from 1.08, TP 1.15 .. + 700!
Nice trading!!! U/C has been a rocket this am I was long a couple of times but each time it hit s/r I thought--high enough and bailed--- NOPE!!
  • #139,017
  • Jun 22, 2009 8:24am Jun 22, 2009 8:24am
Quoting jack.canadia
good morning .. yet again i love the pound! floating +113

anyone else short?
Hey Jack.....How about I leave the morning shift to you ay? Bed time for me..... Still holding long GBP SL...1.6250 and EUR long SL 1.3770.

Nice one on your greens
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #139,018
  • Jun 22, 2009 8:26am Jun 22, 2009 8:26am
Quoting fxcritic
Good move.. but I think I'll wait a bit before taking a short.
Wait untill what price?
Great Bodies are Engineered not Born
  • #139,019
  • Jun 22, 2009 8:28am Jun 22, 2009 8:28am
Quoting Ferick
I am up and it looks like its still heading south. Bollinger bands getting closer to each other- an indication this thing may break out, chances are much higher it will be to the down side. Will hold my short for a possible test to 1.6220

Nice Drop! Up 175 pips since Friday. Next up 1.6220.
  • #139,020
  • Jun 22, 2009 8:30am Jun 22, 2009 8:30am
Quoting Ifty
Did you short again on Friday Jack? Well done for recovering the 25 pips. I have not had a chance yet mate. Wish me luck. What are you thinking from here BTW?
I was short friday from 6505 .. took +40 last night .. then a small long trade .. then another short on approach to 6520 (got in 6505 again) and let it run

Its in a range still so buy at support, sell at resistance

she just hit the 50% from the most recent move up from 6200 so expect some support here .. as for a buy a dont know .. my bias is short so i am comfortable only doing that
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