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Cable Update (GBPUSD)

  • #141,821
  • Jul 1, 2009 2:39pm Jul 1, 2009 2:39pm
Quoting LondonTrader
Wow,
The explanation is great - only it is not easy to follow ...

LT
You obviously have not met my good friend OrionsWay then
Glad I could've helped. Have a good one buddy, I'll catch you tomorrow London session. I need to sleep.

Good nite & good luck
Thank You
  • #141,822
  • Jul 1, 2009 2:50pm Jul 1, 2009 2:50pm
Quoting mloistianto
this time we are not on the same side.. LOL.. My view is bearish.. till further notice..
Selling at 6600 implies that I am bearish also! My sell reccomendation at the daily pivot could have scored 60-80 pips today based on entry and exit. During london no one thought it would get to the daily pp (just my luck i guess).

Maybe i can go 2 for 2 lol

Although i am bearish, consider this 4 hour chart. Price action is bullish until we fail to make a new high above 67xx and also form a new low below 6380.
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  • #141,823
  • Jul 1, 2009 2:55pm Jul 1, 2009 2:55pm
i have a sell order at 1.6600 also, this week hasnt been good for me so far if i would have held on to my trades they all would have been positive gains but you cant win them all i guess . happy trading hope next week and the rest of this week end positive
  • #141,824
  • Jul 1, 2009 2:58pm Jul 1, 2009 2:58pm
Quoting jack.canadia
Selling at 6600 implies that I am bearish also! My sell reccomendation at the daily pivot could have scored 60-80 pips today based on entry and exit. During london no one thought it would get to the daily pp (just my luck i guess).

Maybe i can go 2 for 2 lol

Although i am bearish, consider this 4 hour chart. Price action is bullish until we fail to make a new high above 67xx and also form a new low below 6380.
i got your point.. well actually i prefer your way shorting from 6600 however, we have slightly different views on minor movement.. anyway... whatever happens.. may the force of pips be with u.. LOL.. Good nite people.. i am done for today... let my short rolling.. cya..
  • #141,825
  • Jul 1, 2009 3:01pm Jul 1, 2009 3:01pm
Testing a small long right now from 6470, stop at 6450, TP = 6550

Last trade until tonight! see you then
Attached Image (click to enlarge)
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  • #141,826
  • Jul 1, 2009 3:02pm Jul 1, 2009 3:02pm
Very short term: Bearish (at least < 6415).
  • #141,827
  • Jul 1, 2009 3:07pm Jul 1, 2009 3:07pm
Attached Image


the chart
  • #141,828
  • Jul 1, 2009 3:09pm Jul 1, 2009 3:09pm
And thank you to everyone that wished me happy canada day! .. which no one did! haha
  • #141,829
  • Jul 1, 2009 3:13pm Jul 1, 2009 3:13pm
Well, it's probably all going to be insignificant "noise", until the shit hits the fan @ 12:30 GMT tomorrow. Anyhow, expecting a sweet smell, that is something like: "Oh, we only lost about 285k jobs, that sounds soooo good compared to the 360k loss that we expected... BUY BUY BUY!"
  • #141,830
  • Jul 1, 2009 3:14pm Jul 1, 2009 3:14pm
I just heard that it was Canada Day on the radio.... HAPPY CANADA DAY BRO!
  • #141,831
  • Jul 1, 2009 3:16pm Jul 1, 2009 3:16pm
Quoting jack.canadia
And thank you to everyone that wished me happy canada day! .. which no one did! haha
Happy Fête du Canada Jack!
  • #141,832
  • Jul 1, 2009 3:21pm Jul 1, 2009 3:21pm
Have a good night. I am going sleep as well. Tomorrow I would like to make a link to your explanation and your Friend whom I didn`t meet

Thank you a lot.
LT
Quoting wormboy
You obviously have not met my good friend OrionsWay then
Glad I could've helped. Have a good one buddy, I'll catch you tomorrow London session. I need to sleep.

Good nite & good luck
Discomfort and profit often stand side by side
  • #141,833
  • Jul 1, 2009 3:21pm Jul 1, 2009 3:21pm
Quoting ganymedes
Very short term: Bearish (at least < 6415).
Short term bearish as well, but aiming for 1.6375 middle of the range. Don't think we'll see any major moves before ECB decision / NFP tomorrow.


Also feel free to add to the NFP thread and vote on tomorrow's number.
http://www.forexfactory.com/showthread.php?t=179616
Attached Image (click to enlarge)
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  • #141,834
  • Jul 1, 2009 4:30pm Jul 1, 2009 4:30pm
Quoting jack.canadia
And thank you to everyone that wished me happy canada day! .. which no one did! haha

Happy Canada Day Jack!
  • #141,835
  • Jul 1, 2009 4:39pm Jul 1, 2009 4:39pm
Quoting alex1976
Happy Canada Day Jack!
Happy Canada day also Jack. PS. I am from Halifax............. in the UK that is .
You've got to be IN IT to WIN IT!
  • #141,836
  • Jul 1, 2009 5:39pm Jul 1, 2009 5:39pm
Support Resistance Levels 2 July 2009

1,6678 - 1,6711 - 1,675 - 1,68 - 1,6826

1,6640

1,6607 - 1,6535 - 1,6504 - 1,646 - 1,6419

Diamond Pattern

.
  • #141,837
  • Jul 1, 2009 6:26pm Jul 1, 2009 6:26pm
haha thanks for the canada day wishes

all eyes on NFP tomorrow ahhh
  • #141,838
  • Jul 1, 2009 6:31pm Jul 1, 2009 6:31pm
..Just got back from work and read all this NFA crap from my brokers.

Can anyone else how exactly are we being protected by his new orders? I am planning to move accounts to some non NFA Non Friggin NOBAMA US Boker.

This is BS..
Its all in the mind.
  • #141,839
  • Jul 1, 2009 6:33pm Jul 1, 2009 6:33pm
Quoting 5abi
..Just got back from work and read all this NFA crap from my brokers.

Can anyone else how exactly are we being protected by his new orders? I am planning to move accounts to some non NFA Non Friggin NOBAMA US Boker.

This is BS..
What were his orders?
  • #141,840
  • Jul 1, 2009 6:35pm Jul 1, 2009 6:35pm
Quoting 5abi
..Just got back from work and read all this NFA crap from my brokers.

Can anyone else how exactly are we being protected by his new orders? I am planning to move accounts to some non NFA Non Friggin NOBAMA US Boker.

This is BS..
Same here....
Does anyone know brokers that are not regulated by the nfa ?
I`ve been wrong before,and I may be wrong again.
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