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Cable Update (GBPUSD)

  • #140,801
  • Jun 29, 2009 7:27am Jun 29, 2009 7:27am
Good Luck to LONGers and SHORTers
Great Bodies are Engineered not Born
  • #140,802
  • Edited 7:39am Jun 29, 2009 7:27am | Edited 7:39am
LOL...predictions are for physics, tarot card readers and Gypsies with crystal balls.

IMHO, anyone taking a position either way much before 8:30 - 9:00 EST is simply guessing with no better than a 50/50 shot at being right.

PA all the way folks....
Ghost Rider - WWTBMD?
  • #140,803
  • Jun 29, 2009 7:28am Jun 29, 2009 7:28am
Quoting Faryad
150 pips ... No i didnt vary it still i am in short from 1.6543
i am bull today as usual, hoping it will break the hard resistance.
  • #140,804
  • Jun 29, 2009 7:29am Jun 29, 2009 7:29am
Quoting RichLadyFX
Good Luck to LONGers and SHORTers
WHAT ABOUT UR JOURNEY
  • #140,805
  • Jun 29, 2009 7:33am Jun 29, 2009 7:33am
Quoting Faryad
150 pips ... No i didnt vary it still i am in short from 1.6543
Spot on....Stop mate.....Just like myself...
Let Price determine your future!
  • #140,806
  • Jun 29, 2009 7:37am Jun 29, 2009 7:37am
Quoting john123x
i am bull today as usual, hoping it will break the hard resistance.
BEST OF LUCK
  • #140,807
  • Jun 29, 2009 7:39am Jun 29, 2009 7:39am
Quoting Faryad
WHAT ABOUT UR JOURNEY
Still waiting...
Great Bodies are Engineered not Born
  • #140,808
  • Jun 29, 2009 7:40am Jun 29, 2009 7:40am
Quoting albchr
LOL...predictions are for physics, tarot card readers and Gypsies with crystal balls.
Lol or Psychics even...
  • #140,809
  • Jun 29, 2009 7:42am Jun 29, 2009 7:42am
Quoting Faryad
BEST OF LUCK
thx u,

btw, currently my chart showing some fake bulls with no power....
  • #140,810
  • Jun 29, 2009 7:45am Jun 29, 2009 7:45am
Quoting Limstylz
Lol or Psychics even...
Yep......That too....

MORE COFFEE!!! LOL

Although Physics is kind of a guessing game at first too...
Ghost Rider - WWTBMD?
  • #140,811
  • Jun 29, 2009 7:52am Jun 29, 2009 7:52am
Quoting john123x
i am bull today as usual, hoping it will break the hard resistance.
You may be right, however, with bearish divergence on 15M & 1H (on virtually all oscillators) I think cable will pull towards the dollar side today.

However, cable has broken almost all Tech.anal rules/assumptions over the past couple of months so you never know.

I think the only thing holding it back from the breakout is a lack of news.
  • #140,812
  • Jun 29, 2009 7:59am Jun 29, 2009 7:59am
anyone knows any prediction about stock market, S&P, nasdaq
today thay can make a direction for this unclear situation
they start 30 40 min later i think
  • #140,813
  • Jun 29, 2009 8:04am Jun 29, 2009 8:04am
Quoting Ferick
After I was stopped at BE on the previous short at 1.6470. SL at be already as not willing to take risk.

Was stopped out at BE once again. Entered yet another short at 1.6550. Will set SL at BE shortly.
  • #140,814
  • Jun 29, 2009 8:10am Jun 29, 2009 8:10am
Quoting RichLadyFX
Still waiting...
  • #140,815
  • Jun 29, 2009 8:11am Jun 29, 2009 8:11am
GEPPY BYE BYE BULLS
  • #140,816
  • Jun 29, 2009 8:15am Jun 29, 2009 8:15am
Quoting Faryad
GEPPY BYE BYE BULLS
wait and be cool
  • #140,817
  • Jun 29, 2009 8:15am Jun 29, 2009 8:15am
Quoting Ferick
Was stopped out at BE once again. Entered yet another short at 1.6550. Will set SL at BE shortly.

you been swimming against the trend all session.

I did note that if price got above 1/6445 (lower value area Friday) and stayed there for mopre than 30 min then 80% chance it goes to 1,6510 , it went higher and is now above the upper value area Friday. There are no signs of sellers yest and we remains in the up channel with the journey towards 1.6632 intact as long as that 1.6500 level holds

Note the volume associated with the ;ast 15 min. High. If this is really sellers next 15 min candle should be down. If hidden buyers as I expect , then buying above 1.6550. for ride into 1.6650 test in US session.

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  • #140,818
  • Jun 29, 2009 8:17am Jun 29, 2009 8:17am
I'm stuck at work and cannot find the current cable price - I used to use marketwatch but cannot find it now. Can anyone let me know the current price please, I have a large (for me) position and am basically crapping myself!
  • #140,819
  • Jun 29, 2009 8:19am Jun 29, 2009 8:19am
Quoting SirFrancis
I'm stuck at work and cannot find the current cable price - I used to use marketwatch but cannot find it now. Can anyone let me know the current price please, I have a large (for me) position and am basically crapping myself!
1.6540 :-)
Let Price determine your future!
  • #140,820
  • Jun 29, 2009 8:24am Jun 29, 2009 8:24am
Quoting Ferick
Was stopped out at BE once again. Entered yet another short at 1.6550. Will set SL at BE shortly.

And stopped out. This is so annoying.
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