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Cable Update (GBPUSD)

  • #140,761
  • Jun 29, 2009 5:58am Jun 29, 2009 5:58am
Quoting RichLadyFX
The market i s so ranging. To me, its either you scalp targeting 10-20 pips or sit out.

Didn't range quite low enough for me to go long

EU's turning up here and breaking the range be warned, GU could follow suite!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #140,762
  • Jun 29, 2009 5:59am Jun 29, 2009 5:59am
On the Hourly Charts, it is the 5th consecutive hour for a higer low..... Bullish
  • #140,763
  • Jun 29, 2009 6:01am Jun 29, 2009 6:01am
Quoting Limstylz
I meant when were you long from?
hehheheheh sorry for miss interpreted . long from 6490 sir
  • #140,764
  • Jun 29, 2009 6:02am Jun 29, 2009 6:02am
Quoting tony_dtrader
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
Agreed
  • #140,765
  • Jun 29, 2009 6:02am Jun 29, 2009 6:02am
Quoting Turveyd
Didn't range quite low enough for me to go long

EU's turning up here and breaking the range be warned, GU could follow suite!!
Ranging but more to the upside. Shorties need to be very careful.
Great Bodies are Engineered not Born
  • #140,766
  • Jun 29, 2009 6:06am Jun 29, 2009 6:06am
Quoting iqyusan
hehheheheh sorry for miss interpreted . long from 6490 sir
Your entry was at just over the half way point for the current range. You should do well from that trade
  • #140,767
  • Jun 29, 2009 6:08am Jun 29, 2009 6:08am
Quoting RichLadyFX
Ranging but more to the upside. Shorties need to be very careful.
Indeed. Trend and recent price movements support this idea.
  • #140,768
  • Jun 29, 2009 6:09am Jun 29, 2009 6:09am
Hi All.

Hope everyone is making pips,

Have a lovely pipping day

GeppyG
Let Price determine your future!
  • #140,769
  • Jun 29, 2009 6:11am Jun 29, 2009 6:11am
Quoting RichLadyFX
Ranging but more to the upside. Shorties need to be very careful.
yes, cable looks as if it trying to push through 6545 level
  • #140,770
  • Jun 29, 2009 6:13am Jun 29, 2009 6:13am
im down 47pips today this is a tough session man. any good call please shout them out
  • #140,771
  • Jun 29, 2009 6:14am Jun 29, 2009 6:14am
Quoting RichLadyFX
Ranging but more to the upside. Shorties need to be very careful.
I AM ALWAYS IN OPPOSITE DIRECTION ALL ARE FOR LONG AM SHORT
  • #140,772
  • Jun 29, 2009 6:16am Jun 29, 2009 6:16am
Quoting poisonivy0
im down 47pips today this is a tough session man. any good call please shout them out

Well I'm doing the opposite of you
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #140,773
  • Jun 29, 2009 6:17am Jun 29, 2009 6:17am
Quoting poisonivy0
im down 47pips today this is a tough session man. any good call please shout them out
man nobody is gonna give you a call to trade. trade ur chart. i have been in some shorts since last week and holding on to it with loss of pips and dont complain as im looking to add to the short if it goes higher until it break 1.66. you are responsible for ur actions so sit up and read ur chart. 47pips loss is still a chicken
  • #140,774
  • Jun 29, 2009 6:17am Jun 29, 2009 6:17am
Quoting Faryad
I AM ALWAYS IN OPPOSITE DIRECTION ALL ARE FOR LONG AM SHORT

On the basis 98% lose, being the odd 1 out could work out nicely.

1.6550 area is being sold nicely so good odds on a move lower, ofcourse it goes through you want to be closing your short!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #140,775
  • Jun 29, 2009 6:18am Jun 29, 2009 6:18am
Quoting Turveyd
Well I'm doing the opposite of you
good job. dont know hw to scalp.
  • #140,776
  • Jun 29, 2009 6:23am Jun 29, 2009 6:23am
Well i hate to stare all time on my hourly chart, so im off to kill some people to earn some dollars...playin a game called Grand Theft Auto 4 , be back when NY opens. Cya and happy trading to all.
prepare for worst & expect the best
  • #140,777
  • Jun 29, 2009 6:23am Jun 29, 2009 6:23am
very ranging....waiting for us session. Happie ending for short I think
  • #140,778
  • Jun 29, 2009 6:27am Jun 29, 2009 6:27am
trying my very best im a newbie turn 1000 into 1600 in a month which i though was ok for me but now my accounts been spanked HARD!
1st time ive been in a choppy market this bad so its adding to my experience.
I will continue to read the charts.
Check My Live Trades
  • #140,779
  • Jun 29, 2009 6:28am Jun 29, 2009 6:28am
Quoting Just20pips
very ranging....waiting for us session. Happie ending for short I think

You should only treat yourself to a happy ending after you've banked some good weekly profits

over 6550 getting interesting!!

My system calls Short near here but hmmmm risky!!

No news today though.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #140,780
  • Jun 29, 2009 6:31am Jun 29, 2009 6:31am
I'm expecting a test of the 6600 area. Will look to short there if PA agrees.
Ghost Rider - WWTBMD?
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