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Cable Update (GBPUSD)

  • #140,401
  • Jun 26, 2009 4:36am Jun 26, 2009 4:36am
i will short at 1.6550
  • #140,402
  • Jun 26, 2009 4:47am Jun 26, 2009 4:47am
Quoting Ipips
I'm scalping within this range currently, long and short, for 10-20 pips
This was the range I was referring to just now. The yellow arrows are where I entered my long and short positions to scalp for 10-20 pips.

I was worried about a breakout from the range because it was getting narrow and you can see that it did. And it so happened that I was on the right side of the trade. Long from 1.6454.
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  • #140,403
  • Jun 26, 2009 4:49am Jun 26, 2009 4:49am
Quoting Ipips
Buy at 1.6454

Good call! I am out with -32 pips. Will short it higher at 1.6550-1.66
  • #140,404
  • Jun 26, 2009 4:52am Jun 26, 2009 4:52am
Quoting Ferick
Good call! I am out with -32 pips. Will short it higher at 1.6550-1.66
Thanks mate. I'm going for dinner now~ S/L moved to +15pips.
  • #140,405
  • Jun 26, 2009 4:57am Jun 26, 2009 4:57am
Quoting ferick
good call! I am out with -32 pips. Will short it higher at 1.6550-1.66
u pplz give up so early
  • #140,406
  • Jun 26, 2009 5:07am Jun 26, 2009 5:07am
Quoting Faryad
u pplz give up so early
Are you calling me gutless?
  • #140,407
  • Jun 26, 2009 5:16am Jun 26, 2009 5:16am
Quoting Faryad
u pplz give up so early
It depends on what ones pre-determined strategy is.
Probability Professor
  • #140,408
  • Jun 26, 2009 5:22am Jun 26, 2009 5:22am
Yep, and sometimes we change that original stragity....LOL

Long 3 lots from 6250. 1 lot taken at at each check mark. My final TP is 6550 but I'm thinking 6500ish may be the cap today. SL at 6400 right now.

Hmmmm........might just take it here. Been a killer week!
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Ghost Rider - WWTBMD?
  • #140,409
  • Jun 26, 2009 5:27am Jun 26, 2009 5:27am
Quoting albchr
Yep, and sometimes we change that original stragity....LOL

Long 3 lots from 6250. 1 lot taken at at each check mark. My final TP is 6550 but I'm thinking 6500ish may be the cap today. SL at 6400 right now.

Hmmmm........might just take it here. Been a killer week!
Ok, that is a good one.

Pham.
  • #140,410
  • Jun 26, 2009 5:32am Jun 26, 2009 5:32am
Quoting Pham
Ok, that is a good one.

Pham.
Thanks Pham. This is my third trade this week. All 3 very similar to this. Up from Tuesday, down yesterday and up yesterday/today. MAN!! I just LOVE this ranging!! Until it breaks that is...LOL
Ghost Rider - WWTBMD?
  • #140,411
  • Jun 26, 2009 5:38am Jun 26, 2009 5:38am
Looks like time to go short lads...............an ladies oops
Let Price determine your future!
  • #140,412
  • Jun 26, 2009 5:43am Jun 26, 2009 5:43am
welcome 1.6618
  • #140,413
  • Jun 26, 2009 5:43am Jun 26, 2009 5:43am
Quoting Geppyg
Looks like time to go short lads...............an ladies oops
You might be right. It does look like it's loosing steam. I'm still holding for 6550 but moved my stop to 6450 (just in case)..
Ghost Rider - WWTBMD?
  • #140,414
  • Jun 26, 2009 5:46am Jun 26, 2009 5:46am
Quoting Geppyg
Looks like time to go short lads...............an ladies oops
You may be right I am not seeing a reversal as yet, what are your reasons for this?
  • #140,415
  • Jun 26, 2009 5:50am Jun 26, 2009 5:50am
Quoting Geppyg
Looks like time to go short lads...............an ladies oops

Thank you for the ladies!!
Better safe than sorry
  • #140,416
  • Jun 26, 2009 5:52am Jun 26, 2009 5:52am
Quoting davids
You may be right I am not seeing a reversal as yet, what are your reasons for this?
divergence on 1H...
  • #140,417
  • Jun 26, 2009 5:53am Jun 26, 2009 5:53am
Off my long 1.6500 & now im waitting my flight for a landing time.
GELORE
  • #140,418
  • Jun 26, 2009 5:58am Jun 26, 2009 5:58am
Shorts are open and target 1 is 410..
Let Price determine your future!
  • #140,419
  • Jun 26, 2009 5:58am Jun 26, 2009 5:58am
Quoting macd
divergence on 1H...
Thanks
  • #140,420
  • Jun 26, 2009 6:03am Jun 26, 2009 6:03am
Looks very Bulish, but it's approaching the high of the range. I would like to stay away from it! Uncertainty way too high.
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