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Cable Update (GBPUSD)

  • #139,861
  • Jun 24, 2009 11:38am Jun 24, 2009 11:38am
Quoting Nisda_
Not on bed yet bro..

I hardly trade at this hours especially family time but I hate floating n finally able to close shorts

Good nite all..off to bed
Have a good one
Thank You
  • #139,862
  • Jun 24, 2009 11:39am Jun 24, 2009 11:39am
Quoting wormboy
6330 on my chart.
Close below 6300 & I don't think there will be another leg up.
Yep, also looking at 6330 on 4H timeframes..

haha, I'm sure there will be another leg up even if it breaks 6300. It won't go to 0.
  • #139,863
  • Jun 24, 2009 11:40am Jun 24, 2009 11:40am
Quoting pjpipster
Looking to buy @ 1.64300 stop 63700 target 66000
Order filled.

Hope I got this one right :}
  • #139,864
  • Jun 24, 2009 11:40am Jun 24, 2009 11:40am
I cant believe this look at her go...........I am really mad with my self......................
Let Price determine your future!
  • #139,865
  • Jun 24, 2009 11:42am Jun 24, 2009 11:42am
Quoting Geppyg
I cant believe this look at her go...........I am really mad with my self......................
Why? I thought you were short?
  • #139,866
  • Jun 24, 2009 11:43am Jun 24, 2009 11:43am
Quoting Ipips
Yep, also looking at 6330 on 4H timeframes..

haha, I'm sure there will be another leg up even if it breaks 6300. It won't go to 0.
lol okay smartypants.
usd chf bulls are having a field day
Thank You
  • #139,867
  • Jun 24, 2009 11:43am Jun 24, 2009 11:43am
Quoting Ipips
malcolm, need some insight from you.. Is this another attempt for accumulation before the leg up?

could be .... i am confused now also . My instincts say this is some kind of trap down move. The 15 min volumes are low on down moves and then we get spikes .. almost buyers scaling in on way down

why do i have feeling the fomc are going to jam it up dollar bulls rear end ?

Attached Image (click to enlarge)
Click to Enlarge Name: chf01.gif Size: 21 KB
Blogging daily now at www.volume.zone
  • #139,868
  • Jun 24, 2009 11:44am Jun 24, 2009 11:44am
Quoting Ipips
Why? I thought you were short?
Brov I was really heavily short prior to this ...and came out at a loss to be honest.....As All I could see was buying....and I have got shorts but only 20% of the shorts I had prior to this......
Let Price determine your future!
  • #139,869
  • Jun 24, 2009 11:44am Jun 24, 2009 11:44am
Quoting MoeFx
you wish, bull is dead

maybe ... maybe not ... this down move looks all to easy before fomc ....


always think the opposite.
Blogging daily now at www.volume.zone
  • #139,870
  • Jun 24, 2009 11:45am Jun 24, 2009 11:45am
Quoting Geppyg
I cant believe this look at her go...........I am really mad with my self......................
500 man 500!! You forgot?
Thank You
  • #139,871
  • Jun 24, 2009 11:47am Jun 24, 2009 11:47am
Quote
there is bearish volumeo n the way down . Pros will be buying this lower . I am waiting.

reducing volume on way down often indicates pros not interested in selling.

if they are not interested in selling then they are losing.
young man i diasgree with u.

i read in auslanco, in the beginging of the week where u said 'low volume in a bearish move, GY gonna blow north by london open' and it blew 400pips south.

the shart is clear for GU. been trading inside a flat channel of 300pips range. a major news will drive it out and wherever it breaks out to should be the next trend to trade.

simple price action!
Attached Image (click to enlarge)
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  • #139,872
  • Jun 24, 2009 11:48am Jun 24, 2009 11:48am
bull died a long time ago, its all bear from here, down she goes
  • #139,873
  • Jun 24, 2009 11:48am Jun 24, 2009 11:48am
Long at 1.6421 resistance and backside of H4 TL, anyone long here?
Hero Traders Live to see their Accounts Die!
  • #139,874
  • Jun 24, 2009 11:49am Jun 24, 2009 11:49am
Quoting malcolmb14
maybe ... maybe not ... this down move looks all to easy before fomc ....


always think the opposite.
all we can do is wait and see what happens
  • #139,875
  • Jun 24, 2009 11:50am Jun 24, 2009 11:50am
Quoting simoneg
Long at 1.6421 resistance and backside of H4 TL, anyone long here?
me
long from 1.6424 and my target is 1.6600 wt do u think ?
  • #139,876
  • Jun 24, 2009 11:53am Jun 24, 2009 11:53am
Quoting roreki
me
long from 1.6424 and my target is 1.6600 wt do u think ?
you need to think for your self, think if every one going long whats the odd of them beging wright happens very few times, stick to your own plans
  • #139,877
  • Jun 24, 2009 11:53am Jun 24, 2009 11:53am
Quoting malcolmb14
mmmmm

here is a thought .... lets trap those dollar bulls ...

fomc hold rates steady

statement says no intention to raise rates this year due to economic recovery plan blah blah blah ..

gu picks up speed back to 1.6600 and higher in London ..

just a guess .. watching this channel 1.6400 maybe buying zone.

Attachment
This is what I see as well (I'm buying every 75 pips down (I like DD)-- looking to hit 1.6369 though-- kind of a favorite spot the past couple of weeks...

Like you charts have shown over and over-- lots of buyers at 1.6250-- I bet pro's go for more than 300 pips (honestly I have no clue their targets) and it didn't appear to be a huge sell off when we broke the UTL today... Right now I think the folks at Goldman Sachs are just having fun with us...
  • #139,878
  • Jun 24, 2009 11:54am Jun 24, 2009 11:54am
Quoting simoneg
Long at 1.6421 resistance and backside of H4 TL, anyone long here?
Yep, long @ 1.6430
  • #139,879
  • Jun 24, 2009 11:54am Jun 24, 2009 11:54am
Quoting roreki
me
long from 1.6424 and my target is 1.6600 wt do u think ?
Thats what I'm thinking, break there next 1.6660> lets see... Must watch 1.6480
Hero Traders Live to see their Accounts Die!
  • #139,880
  • Jun 24, 2009 11:56am Jun 24, 2009 11:56am
Quoting MoeFx
you need to think for your self, think if every one going long whats the odd of them beging wright happens very few times, stick to your own plans
thnx man 4 ur replay .. i closed my contracts of sell and get into buy and that's wt am seeing n my chart not cuz anyone told me that .. anyway its up trend and my account can hold even it goes to 1.5000 i will just wait for 1.6600 as a target .. thnx again man and sry for my poor english
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