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Cable Update (GBPUSD)

  • #141,021
  • Jun 29, 2009 9:55pm Jun 29, 2009 9:55pm
Quoting drerhys
I think the market is still ranging. Its now at the upper limit of the range. If it breaks beyond this point though, there is no telling how far it may go. My gut feeling is the bears will dominate throught the European session.

I don't see any evidence to support your conclusion. I hope you are not short.

Bye bye range.
  • #141,022
  • Jun 29, 2009 9:58pm Jun 29, 2009 9:58pm
Quoting iqyusan
My m15 up to h1 indicator is overbougth
h4 indi : make second top
day indi : trend up
is it possible to go down first to 6550 or arround daily pivot ?

if it's not broken.... it could fly ....

I don't know what i'm doing...... so don't trust me
Man, and indicator reading is not going to change the price of a whole nations currencies. I learn, I'm newbie too, but i learn indicator just to be use as guide, not to be follow blindly. 50% decision come from indicator, 50% coming from price action and trend. maybe i am wrong, buts thats what i feel.
  • #141,023
  • Jun 29, 2009 10:00pm Jun 29, 2009 10:00pm
Quoting Ferick
I don't see any evidence to support your conclusion. I hope you are not short.

Bye bye range.


I'm waiting until the start of the European session before placing any trades. Its strange to see such strong resistance broken so easily during the Asian session...I'm not sure what to make of it. The European session will be interesting.
  • #141,024
  • Jun 29, 2009 10:01pm Jun 29, 2009 10:01pm
Quoting iqyusan
My m15 up to h1 indicator is overbougth
h4 indi : make second top
day indi : trend up
is it possible to go down first to 6550 or arround daily pivot ?

if it's not broken.... it could fly ....

I don't know what i'm doing...... so don't trust me
But yes i want price to go below 65xx for a buy, cant say when and how much it retrace later, it be silly to be wait hours in negative pip like that ...
  • #141,025
  • Jun 29, 2009 10:06pm Jun 29, 2009 10:06pm
my opinion during this session of the month, well probably some of reversal will created on news today that we have chance to enter Long signal after that price should continues made beauty candle for this month. still keep on eye for big chart guy's . happy trading
  • #141,026
  • Jun 29, 2009 10:08pm Jun 29, 2009 10:08pm
Quoting drerhys
I'm waiting until the start of the European session before placing any trades. Its strange to see such strong resistance broken so easily during the Asian session...I'm not sure what to make of it. The European session will be interesting.
I agree, I'm not sure what to make of it either. I'm currently long from 1.6450 but gettin the heebie jeebies at 1.6661. imo this is the key resistance and will dicate how I play from here.
  • #141,027
  • Jun 29, 2009 10:09pm Jun 29, 2009 10:09pm
Quoting chonyc
Good Morning Guys....



I share the same thought if it breaks 1.6665 it may go to 1.6785...price movement show no sign of reversal at the moment....
It is nearly... Happy with that.

Pham.
  • #141,028
  • Jun 29, 2009 10:14pm Jun 29, 2009 10:14pm
the hpi will be crucial for the make or break i guess =]

let's stay tune
  • #141,029
  • Jun 29, 2009 10:14pm Jun 29, 2009 10:14pm
Buy near 6590, Daily M3 and target Daily M5 at 6760.
Attached Image (click to enlarge)
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  • #141,030
  • Jun 29, 2009 10:16pm Jun 29, 2009 10:16pm
Quoting Salsettefx
But yes i want price to go below 65xx for a buy, cant say when and how much it retrace later, it be silly to be wait hours in negative pip like that ...
already sell, TP 6575 SL at the highest poin today... . green already

i don't know what i'm doin.........
  • #141,031
  • Jun 29, 2009 10:17pm Jun 29, 2009 10:17pm
Quoting jack.canadia
Buy near 6590, Daily M3 and target Daily M5 at 6760.
Same thought Jack well already close tight Buy 1.6576 last night with 70 pipis now lilbit short for 1.6600 the Long again. Gud luck mate
  • #141,032
  • Jun 29, 2009 10:18pm Jun 29, 2009 10:18pm
Quoting jack.canadia
Buy near 6590, Daily M3 and target Daily M5 at 6760.
  • #141,033
  • Jun 29, 2009 10:18pm Jun 29, 2009 10:18pm
Quoting deryworlds
Same thought Jack well already close tight Buy 1.6576 last night with 70 pipis now lilbit short for 1.6600 the Long again. Gud luck mate
Ya im short too from 6655. Looking to long as well down there.
  • #141,034
  • Jun 29, 2009 10:27pm Jun 29, 2009 10:27pm
Quoting jack.canadia
Ya im short too from 6655. Looking to long as well down there.
I just put a Long with U/J at the end of last week but I closed it too early.

Pham.
  • #141,035
  • Jun 29, 2009 10:50pm Jun 29, 2009 10:50pm
Quoting jack.canadia
Ya im short too from 6655. Looking to long as well down there.

Jack is the breakout coming?
  • #141,036
  • Jun 29, 2009 10:53pm Jun 29, 2009 10:53pm
with 6658 the main pivot at this point!
  • #141,037
  • Jun 29, 2009 11:27pm Jun 29, 2009 11:27pm
Mann, anywhere below 1.6600 is a good place for a buy.... im still waitin here to position a buy. hope it falls a bit
  • #141,038
  • Jun 29, 2009 11:45pm Jun 29, 2009 11:45pm
Quoting Ferick
After getting stopped out at BE on several shorts I took during the past 24 hours, I am now switching gears. Looks too good to pass it out, even though we are close to the range. malcolmb14, can you share what you seeing volume wise at these levels?

Closed it for +50 Pips. Will buy again at 1.6665
  • #141,039
  • Jun 30, 2009 12:01am Jun 30, 2009 12:01am
Quoting Salsettefx
Mann, anywhere below 1.6600 is a good place for a buy.... im still waitin here to position a buy. hope it falls a bit
position cancelled at b/e .....
  • #141,040
  • Jun 30, 2009 12:49am Jun 30, 2009 12:49am
i have a sell position since 1.6500
won't i see this price today ?????
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