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Cable Update (GBPUSD)

  • #141,221
  • Jun 30, 2009 8:57am Jun 30, 2009 8:57am
Hi,

If the S&P500 is green and the DJI as well shell the GBPUSD goes up?
in theory?
LT
Quoting wormboy
So is the usd lfx.
Discomfort and profit often stand side by side
  • #141,222
  • Jun 30, 2009 9:00am Jun 30, 2009 9:00am
Im thinking that Cable has got the run down out or her system and am now looking for a long entry. I am looking for an aleart candle to close about the 7SMA and a bullish signal candle to open and close above it, before entering. My first traget will be 6585 which was previous support and watch how price behaves when it gets there.
  • #141,223
  • Jun 30, 2009 9:06am Jun 30, 2009 9:06am
can anyone explain why does gbp/usd drop when the U.S CB data shows a drop in confidence level?

many thanks!
  • #141,224
  • Jun 30, 2009 9:09am Jun 30, 2009 9:09am
Quoting Zuke
Im thinking that Cable has got the run down out or her system and am now looking for a long entry. I am looking for an aleart candle to close about the 7SMA and a bullish signal candle to open and close above it, before entering. My first traget will be 6585 which was previous support and watch how price behaves when it gets there.
and we are in 50 % fibo of 4h candles ( on going to 61 % fibo )..... and consumer convidence not good enough for US.... keep an eye 6435 area ...

i don't know what i'm doing.....so don't trust me ....
  • #141,225
  • Jun 30, 2009 9:10am Jun 30, 2009 9:10am
Quoting Geppyg
Remember My Bull Trap comments............

All My short looking healthy wealthy and wise..........

Faryad.....Enjoying this beautiful ride...bro
375 in the GREEEN Matey.....
Let Price determine your future!
  • #141,226
  • Jun 30, 2009 9:11am Jun 30, 2009 9:11am
great performance by support resistance levels

Attached Image (click to enlarge)
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S + R = $$$

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  • #141,227
  • Jun 30, 2009 9:12am Jun 30, 2009 9:12am
Quoting leimonx
can anyone explain why does gbp/usd drop when the U.S CB data shows a drop in confidence level?

many thanks!
market sentiment bro.....
  • #141,228
  • Jun 30, 2009 9:13am Jun 30, 2009 9:13am
Quoting Geppyg
375 in the GREEEN Matey.....
500! 500!
Thank You
  • #141,229
  • Jun 30, 2009 9:15am Jun 30, 2009 9:15am
^
^
^
ga sentimen lagi... market geblek tuh ) ) )
  • #141,230
  • Jun 30, 2009 9:18am Jun 30, 2009 9:18am
Wormboy...Mate....Loving this whole ride......non stop now our Bear Joruney to begin no more sleepless nights for the bears let the bulls keep going long.....for us to chop them down...

Which means from tommorow..sell every retracement..hahaha
Let Price determine your future!
  • #141,231
  • Jun 30, 2009 9:21am Jun 30, 2009 9:21am
Quoting boni100
^
^
^
ga sentimen lagi... market geblek tuh ) ) )
ha ha ha ha ha ................... 6435 is 38 % fibo from 2.0 to 1.32 just a reminder ...
  • #141,232
  • Jun 30, 2009 9:21am Jun 30, 2009 9:21am
Quoting wormboy
500! 500!
tumpang lalu...may i join..not much 200 going to 500... can?
  • #141,233
  • Jun 30, 2009 9:22am Jun 30, 2009 9:22am
Quoting Geppyg
Wormboy...Mate....Loving this whole ride......non stop now our Bear Joruney to begin no more sleepless nights for the bears let the bulls keep going long.....for us to chop them down...

Which means from tommorow..sell every retracement..hahaha
i am with you, been on this short here since 1.6607
  • #141,234
  • Jun 30, 2009 9:23am Jun 30, 2009 9:23am
I'm going long for a quick scalp. So overreacted...
  • #141,235
  • Jun 30, 2009 9:28am Jun 30, 2009 9:28am
Quoting forexlion
I think it was a small pullback

I went to sleep right after closing my longs, waiting for market to stabilize after the HPI news, and when I return, holla !! a small pullback
Lion, you sleeping on your money again? Still a small pullback so far

And oh, i hate to spoil the party, but the ranging is far from over
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Thank You
  • #141,236
  • Jun 30, 2009 9:28am Jun 30, 2009 9:28am
Quoting kaliber8
I'm going long for a quick scalp. So overreacted...
very good decision...am going to hedge too for small long
  • #141,237
  • Jun 30, 2009 9:29am Jun 30, 2009 9:29am
I'm out for quick 20 pips.

What a day! WOW
  • #141,238
  • Jun 30, 2009 9:31am Jun 30, 2009 9:31am
Quoting grashid
very good decision...am going to hedge too for small long

Yeah I mean it went down so hard. Close to 200 pips in under 2 hours. With no major event!
  • #141,239
  • Jun 30, 2009 9:31am Jun 30, 2009 9:31am
Quoting Geppyg
Wormboy...Mate....Loving this whole ride......non stop now our Bear Joruney to begin no more sleepless nights for the bears let the bulls keep going long.....for us to chop them down...

Which means from tommorow..sell every retracement..hahaha

Don't forget to book some mate. We need to get paid!
Thank You
  • #141,240
  • Jun 30, 2009 9:32am Jun 30, 2009 9:32am
I would let it go down some more and buy again for a quicky.
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