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Cable Update (GBPUSD)

  • #139,041
  • Jun 22, 2009 9:15am Jun 22, 2009 9:15am
Quoting wormboy
Hey buddy. Trading's okay.
I'm still holding my euro short. No trade on cable yet for me, still waiting for a breakout. I'm just spending my time here today trying to mess with everyone's head
wats your SL and TP on EUR??
  • #139,042
  • Jun 22, 2009 9:16am Jun 22, 2009 9:16am
Quoting Fibonatzi
Last 1H candle I think that means SM have finished phase distribution.Let's see how this 1H candle will close .
Spot on! I just started reading up on VSA over the weekend. I think I may buy the software with the profit from that short
  • #139,043
  • Jun 22, 2009 9:18am Jun 22, 2009 9:18am
Quoting macd
wats your SL and TP on EUR??
po triggered @3920
current stop now @3910
No tp set.
Thank You
  • #139,044
  • Jun 22, 2009 9:21am Jun 22, 2009 9:21am
some retracement before the big fall?? The world bank gave out some really pessimistic numbers today.. this usually means that the dollar strengthens... grabbed some more shorts just now.
  • #139,045
  • Jun 22, 2009 9:23am Jun 22, 2009 9:23am
Good Morning All! Nice trading on the GU today. Closed my long from 1.6370 @ 1.6401...Up 80pips for the day so far
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  • #139,046
  • Jun 22, 2009 9:25am Jun 22, 2009 9:25am
FINALLY EUR/USD UPS
  • #139,047
  • Jun 22, 2009 9:26am Jun 22, 2009 9:26am
Quoting simoneg
Good Morning All! Nice trading on the GU today. Closed my long from 1.6370 @ 1.6401...Up 80pips for the day so far

closed a little too early... anyway.. i still think it's gonna shoot down soon.
  • #139,048
  • Jun 22, 2009 9:27am Jun 22, 2009 9:27am
Quoting invicta79
some retracement before the big fall?? The world bank gave out some really pessimistic numbers today.. this usually means that the dollar strengthens... grabbed some more shorts just now.
Hey Invicta looks like the dollar got weak!
  • #139,049
  • Jun 22, 2009 9:30am Jun 22, 2009 9:30am
grabbed even more shorts.... c'mon baby!
  • #139,050
  • Jun 22, 2009 9:30am Jun 22, 2009 9:30am
The volatility of the cable just bailed me out of my lousy long position...
  • #139,051
  • Jun 22, 2009 9:32am Jun 22, 2009 9:32am
Quoting invicta79
closed a little too early... anyway.. i still think it's gonna shoot down soon.
Yes it was a little early...but love to protect that profit.
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  • #139,052
  • Jun 22, 2009 9:32am Jun 22, 2009 9:32am
Quoting PiPaDoR
Hey Invicta looks like the dollar got weak!

look again!
  • #139,053
  • Jun 22, 2009 9:34am Jun 22, 2009 9:34am
Quoting invicta79
look again!
Nice cos I have a short position @ 1.6377... so I'm in the game again...
  • #139,054
  • Jun 22, 2009 9:38am Jun 22, 2009 9:38am
Drats, I hesitated on my short trade plan @1.6425
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  • #139,055
  • Jun 22, 2009 9:38am Jun 22, 2009 9:38am
Quoting PiPaDoR
Nice cos I have a short position @ 1.6377... so I'm in the game again...
i almost went in @ the same rate but waited for the bounceback since I saw 3 red candles on my 30min. In 90% of the cases we'll see a blue (green) candle after 3 red ones at the 30min timeframe.
  • #139,056
  • Jun 22, 2009 9:47am Jun 22, 2009 9:47am
Not trusting price action in 1.6370 area...watch those shorts!!
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  • #139,057
  • Jun 22, 2009 9:49am Jun 22, 2009 9:49am
Quoting invicta79
i almost went in @ the same rate but waited for the bounceback since I saw 3 red candles on my 30min. In 90% of the cases we'll see a blue (green) candle after 3 red ones at the 30min timeframe.
It's true... I'm looking right now... So do u have any position open right now? I just closed... I was not confortable...
  • #139,058
  • Jun 22, 2009 9:56am Jun 22, 2009 9:56am
What's up with these mad swings in the cable? Are we fooled by randomness?
  • #139,059
  • Jun 22, 2009 9:59am Jun 22, 2009 9:59am
Quoting Ipips
What's up with these mad swings in the cable? Are we fooled by randomness?
I think it's the consolidation time....
  • #139,060
  • Jun 22, 2009 9:59am Jun 22, 2009 9:59am
Quoting Ipips
What's up with these mad swings in the cable? Are we fooled by randomness?
The 50% fib of the entire move was hit at 1.6371 and seems it wants to hold. I get the feeling we are still bullish.
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