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Cable Update (GBPUSD)

  • #139,121
  • Jun 22, 2009 6:40pm Jun 22, 2009 6:40pm
Support for today.

S1 = 6270

S2 = 6234

And S3= 6187

I am looking at 6187 to be hit in next 5-6 H4 bars or better.


For those in a short trade ATM, 6387 should be the Stop.
Its all in the mind.
  • #139,122
  • Jun 22, 2009 7:50pm Jun 22, 2009 7:50pm
Quoting grashid
first TP completed and let see last entry for 2nd TP for GU and GY...
Completed my weekly target..and let see how trailing stop is working..

Good luck to all
2nd target hit....am taking my rest for GU this week ....Good small long to 1.6350/1.6400 i think but am not trade this GU atm... Good luck to all
  • #139,123
  • Jun 22, 2009 8:37pm Jun 22, 2009 8:37pm
Quoting Ferick
Now +210 Floating Pips and counting. Looks we will break 1.63 before day is out. I think 1.6220 will be tested withing 24 hours. If it breaks I will hold my short until 1.5810. Otherwise I will cash out at 1.6220. With Equities falling 2-3% I expect the downtrend to continue.

Slowly but surely it is moving in the right direction. Now +240 Floating pips. Chances are looking good for the 1.62 figure to be challenged if not broken during London. Setting my Limit to 1.6010. Good piping.
  • #139,124
  • Jun 22, 2009 8:43pm Jun 22, 2009 8:43pm
you really think we'll brake down to 1.6010 during london? i could see 1.62 most likely..
  • #139,125
  • Jun 22, 2009 8:59pm Jun 22, 2009 8:59pm
Quoting tjhimself
you really think we'll brake down to 1.6010 during london? i could see 1.62 most likely..
Will have to get past 1.62, which is tough but given the sentiment I think It might give way. That looks like the path of least resistance. I just don't see it going up above 1.65 where my SL is located. I can afford to take more risk on this trade and I am betting on the South Train.
  • #139,126
  • Jun 22, 2009 9:02pm Jun 22, 2009 9:02pm
yes i see. i was short from 1.6473 but i closed it earlier and now have an open at 1.6311 looking for papa bear. best of statistics to us both!!
  • #139,127
  • Jun 22, 2009 9:09pm Jun 22, 2009 9:09pm
I think next is 6267, if this break I think 60 is next i' ll go long around 6267.
lets see.
  • #139,128
  • Jun 22, 2009 9:15pm Jun 22, 2009 9:15pm
I think by looking at TF, she will go up to 1.64 by london time before diving again.
  • #139,129
  • Jun 22, 2009 9:19pm Jun 22, 2009 9:19pm
Quoting Ferick
Slowly but surely it is moving in the right direction. Now +240 Floating pips. Chances are looking good for the 1.62 figure to be challenged if not broken during London. Setting my Limit to 1.6010. Good piping.
Hi Ferick how are u, i just woke up , gu still down from the top today..my floating order already +250 pip now. now waiting journey to 1.6250
  • #139,130
  • Jun 22, 2009 9:28pm Jun 22, 2009 9:28pm
What a day. I was in a long position and the grisly bear thundered. Stopped my long, went short and suddenly the bear became my friend. Thanks to geppyg(whoever you are), wormboy(you're a professor) and the rest of you, through your posting, managed to convince me short was the order of the day.

What gonna work? teamwork. Wonderpet!

http://i90.photobucket.com/albums/k2.../wonderpet.jpg


This is the week of THE TRANSFORMERS. Looks like USD is transformed too!
Great Bodies are Engineered not Born
  • #139,131
  • Jun 22, 2009 9:33pm Jun 22, 2009 9:33pm
Where is me, I dont see myself in this pik



Quoting RichLadyFX
What a day. I was in a long position and the grisly bear thundered. Stopped my long, went short and suddenly the bear became my friend. Thanks to geppyg(whoever you are), wormboy(you're a professor) and the rest of you, through your posting, managed to convince me short was the order of the day.

What gonna work? teamwork. Wonderpet!

http://i90.photobucket.com/albums/k2.../wonderpet.jpg


This is the week of THE TRANSFORMERS. Looks like USD is transformed too!
Its all in the mind.
  • #139,132
  • Jun 22, 2009 9:34pm Jun 22, 2009 9:34pm
My s/l was hit.. waited for it to retrace to 1.64xx,,never hapen..now its going down..should I short again??
  • #139,133
  • Jun 22, 2009 9:36pm Jun 22, 2009 9:36pm
Wonderpet..my son favorite song.
  • #139,134
  • Jun 22, 2009 9:42pm Jun 22, 2009 9:42pm
pon pon!!
salam every body

G/U SELL AT 1.6272....TP it up to you

ntah correct or not
  • #139,135
  • Jun 22, 2009 9:42pm Jun 22, 2009 9:42pm
Timmmmmmmberrr !!

1.6181
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  • #139,136
  • Edited 10:21pm Jun 22, 2009 9:47pm | Edited 10:21pm
long 6269 sl 6255 tp 6290.
  • #139,137
  • Jun 22, 2009 9:49pm Jun 22, 2009 9:49pm
Quoting Angelina
long 6269 sl 6355 tp 6290.
wow that is 76 pip SL for just 21 pips gain

and how on earth can your SL be above
  • #139,138
  • Jun 22, 2009 9:51pm Jun 22, 2009 9:51pm
Quoting malcolmb14
gu is coming down to 6250 next London session.,

Did you check what happened on all spiked 15 min today ??/ thery got sold . We should see test 6250

here is what I got now... all day GU and gj been selling as both under the lower value areas of Friday

Attachment

now what 1.6000 in London ??? maybe .

been on gu and gj sells all day

insane day

hope you are all doing well
Blogging daily now at www.volume.zone
  • #139,139
  • Jun 22, 2009 9:54pm Jun 22, 2009 9:54pm
Quoting tomie
pon pon!!
salam every body

G/U SELL AT 1.6272....TP it up to you

ntah correct or not
I'm not sure of going short from here.. but guys seem so confident with short so I short @1.6271.. let see what hapens.
  • #139,140
  • Jun 22, 2009 9:56pm Jun 22, 2009 9:56pm
I took long E/J 3160 sl 3148 and tp 3182 it worked very well.
Scalping still give us + 30 pips a day lolz.
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