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Cable Update (GBPUSD)

  • #140,461
  • Jun 26, 2009 7:53am Jun 26, 2009 7:53am
Quoting roreki

now it's down a littel , if it goes to high again i will take a short , wt do u think ?
Good plan. I also would like to take a short higher...
  • #140,462
  • Jun 26, 2009 7:56am Jun 26, 2009 7:56am
Soooo Close.....
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 26 KB
Ghost Rider - WWTBMD?
  • #140,463
  • Jun 26, 2009 7:58am Jun 26, 2009 7:58am
Quoting wormboy
tough luck melady. But I didn't recommend you to pull the trade. Esemes was already in the trade.
You on the other hand, had a choice. Trading around data release is always a gamble, I did mention that yesterday remember? Price deflated right after the spike as you can see. All about luck trading during news.
Sorry about your loss tho
Its ok, i made the choice.
Great Bodies are Engineered not Born
  • #140,464
  • Jun 26, 2009 7:58am Jun 26, 2009 7:58am
Quoting roreki
any one will take a short around 1.6550 ?

i took short but @ 6530
  • #140,465
  • Jun 26, 2009 7:59am Jun 26, 2009 7:59am
Quoting beejay
wont get there.the news is ood for $$$$$. on the other hand weekly reversal is at 1.6575.
Then I am bullish till 1.6550.
  • #140,466
  • Jun 26, 2009 7:59am Jun 26, 2009 7:59am
Quoting beejay
wont get there.the news is ood for $$$$$. on the other hand weekly reversal is at 1.6575.
who knows !!
  • #140,467
  • Jun 26, 2009 8:01am Jun 26, 2009 8:01am
Quoting cesarg
i took short but @ 6530
Good one mate i almost had this point but no luck next time i think
  • #140,468
  • Jun 26, 2009 8:03am Jun 26, 2009 8:03am
Quoting roreki
who knows !!
It will get there. Don't be hasty in executing shorts.
  • #140,469
  • Jun 26, 2009 8:03am Jun 26, 2009 8:03am
Prefering another Long.. 1.6430 -45
  • #140,470
  • Jun 26, 2009 8:05am Jun 26, 2009 8:05am
I wouldn't count out 6550 just yet. Still making higher lows last two hours.
Ghost Rider - WWTBMD?
  • #140,471
  • Jun 26, 2009 8:05am Jun 26, 2009 8:05am
as long as the price does not go higher, would this look like a head and shoulders forming?
Attached Image (click to enlarge)
Click to Enlarge Name: gu h&s.gif Size: 22 KB
  • #140,472
  • Jun 26, 2009 8:08am Jun 26, 2009 8:08am
Covered 520 530 540......490 480....

Lets see 410 ,280

Good luck all

GeppyG


Stops at 1.6800
Let Price determine your future!
  • #140,473
  • Jun 26, 2009 8:10am Jun 26, 2009 8:10am
..1.64 rendek
  • #140,474
  • Jun 26, 2009 8:13am Jun 26, 2009 8:13am
Quoting grashid
..1.64 rendek
What doesz Grendek mean grashid ?
Let Price determine your future!
  • #140,475
  • Jun 26, 2009 8:14am Jun 26, 2009 8:14am
Needs to bust thorugh 70 as a first to break 5 10 15 min channels
Let Price determine your future!
  • #140,476
  • Jun 26, 2009 8:17am Jun 26, 2009 8:17am
I took a long at 1.6483 at trendline support. Looks good.
  • #140,477
  • Jun 26, 2009 8:19am Jun 26, 2009 8:19am
A lot of people here are assuming that it will hit 1.6550 and reverse what if anything are you basing this on surely it is better to wait for a proper reversal candle, this could go all the way to 1.6680 even 1.7000

Maybe I am missing something here I am long from 1.6253 and intend holding on to it until it actually reverses, all I have seen over the last few hours is it struggling to get past the 1H channel and R1 at 1.6486
  • #140,478
  • Jun 26, 2009 8:19am Jun 26, 2009 8:19am
I pips I have been looking at that same trendline...when that breaks we should get a bam bam bam.....down :-)
Let Price determine your future!
  • #140,479
  • Jun 26, 2009 8:19am Jun 26, 2009 8:19am
Quoting Geppyg
What doesz Grendek mean grashid ?
1.64 one
  • #140,480
  • Jun 26, 2009 8:20am Jun 26, 2009 8:20am
Quoting Ipips
I took a long at 1.6483 at trendline support. Looks good.
i hafe a long too but from 1.6473 i think i will close it around 1.6550 and go Short
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