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Cable Update (GBPUSD)

  • #140,741
  • Jun 29, 2009 5:23am Jun 29, 2009 5:23am
I think Cable is very bullish for now
  • #140,742
  • Jun 29, 2009 5:27am Jun 29, 2009 5:27am
Choppy and Sideways, 1.6550 is the line in the sand for me holding short near that level.

Lack of selling at this level, does give me something to worry about though.


ALL previous chop plays on the day woulda netted good pips already, my luck really does suck, well I'm in the flat time I guess
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #140,743
  • Jun 29, 2009 5:33am Jun 29, 2009 5:33am
Quoting Limstylz
Just because the figures are painted in red, doesn't necessarily mean that the news is bad, just that they are less than expected. As with all news reports, they need to be taken into context and matched with technical levels.

I believe long is the safer option for the moment, however I am reserving entry for US open.
OK sir .....
  • #140,744
  • Jun 29, 2009 5:33am Jun 29, 2009 5:33am
I will short @ 6600 - 6650 area.


Angelina.
  • #140,745
  • Jun 29, 2009 5:39am Jun 29, 2009 5:39am
Long @ 1.6525.... SL 1.6420.... TP open
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #140,746
  • Jun 29, 2009 5:40am Jun 29, 2009 5:40am
Quoting iqyusan
OK sir .....
Careful with your short at 1.65157 as this is a 4h SR line from last week. Looks like you are making some good pips so far
  • #140,747
  • Jun 29, 2009 5:43am Jun 29, 2009 5:43am
Took 20pips rinse and repeat!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #140,748
  • Jun 29, 2009 5:44am Jun 29, 2009 5:44am
Quoting Limstylz
Careful with your short at 1.65157 as this is a 4h SR line from last week. Looks like you are making some good pips so far
I am long sir .... I am just beginner ...... still have to learn from masters in this forum .....
  • #140,749
  • Jun 29, 2009 5:45am Jun 29, 2009 5:45am
cable again down to test 1.6482 think so !!
  • #140,750
  • Jun 29, 2009 5:45am Jun 29, 2009 5:45am
Quoting Petar_Serbia
I open long at 1.6535
What's ur s/l ?
  • #140,751
  • Jun 29, 2009 5:48am Jun 29, 2009 5:48am
Quoting iqyusan
I am long sir .... I am just beginner ...... still have to learn from masters in this forum .....
I misread your quote from roreki, "i opened a short one @ 1.6542 my target would be 20-30 pips no more". I thought it was you that said that, sorry.

Yes, long looks to to be the order of the day. When were you in from?
  • #140,752
  • Jun 29, 2009 5:52am Jun 29, 2009 5:52am
Quoting iqyusan
I am long sir .... I am just beginner ...... still have to learn from masters in this forum .....
Dude, if your a newbie and consider masters to be in this forum, your seriously mistaken, because the masters are out there (big boys) moving the market with their big monies hehehe
prepare for worst & expect the best
  • #140,753
  • Jun 29, 2009 5:52am Jun 29, 2009 5:52am
Quoting Limstylz
I misread your quote from roreki, "i opened a short one @ 1.6542 my target would be 20-30 pips no more". I thought it was you that said that, sorry.

Yes, long looks to to be the order of the day. When were you in from?
i took my 20 pips and waiting for updates
  • #140,754
  • Jun 29, 2009 5:53am Jun 29, 2009 5:53am
Quoting Limstylz
I misread your quote from roreki, "i opened a short one @ 1.6542 my target would be 20-30 pips no more". I thought it was you that said that, sorry.

Yes, long looks to to be the order of the day. When were you in from?
Indonesia sir, sory for my very bad in english
  • #140,755
  • Jun 29, 2009 5:53am Jun 29, 2009 5:53am
Quoting mjay
What's ur s/l ?
i open 3 position,
First 15 TP sec 30 TP and third i opened,my SL for all position is 1.6475
"Buy on fear, sell on greed !!!
  • #140,756
  • Jun 29, 2009 5:54am Jun 29, 2009 5:54am
The market i s so ranging. To me, its either you scalp targeting 10-20 pips or sit out.
Great Bodies are Engineered not Born
  • #140,757
  • Jun 29, 2009 5:57am Jun 29, 2009 5:57am
Quoting tony_dtrader
Dude, if your a newbie and consider masters to be in this forum, your seriously mistaken, because the masters are out there (big boys) moving the market with their big monies hehehe
so i mean....senior trader like you brother .....
  • #140,758
  • Jun 29, 2009 5:58am Jun 29, 2009 5:58am
Quoting Bull_Bear
Long @ 1.6525.... SL 1.6420.... TP open
great great great....
  • #140,759
  • Jun 29, 2009 5:58am Jun 29, 2009 5:58am
Quoting iqyusan
Indonesia sir, sory for my very bad in english
I meant when were you long from?
  • #140,760
  • Jun 29, 2009 5:58am Jun 29, 2009 5:58am
Quoting Limstylz
Looks like consolidation for now with a possible move North when US opens. For now, cable has completed just over half of its daily range, and is currently in the middle of the range. Looking for technical levels to go long as there are no important news reports today.
If you look at the daily chart, the nearest high this month has been around 1.66xx and after that its been in consolidation on daily.

Consolidation is good, it shows a disagreement in buyers and sellers heheh, the real war. Then when all have made up their mind we should see the trendy move happen.

So if its consolidating consider yourself lucky.... a new trend is on the way my friend
prepare for worst & expect the best
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