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Cable Update (GBPUSD)

  • #142,161
  • Jul 2, 2009 11:38am Jul 2, 2009 11:38am
Is it H1 or H4 charts?
LT
Quoting Nene
following cue
Discomfort and profit often stand side by side
  • #142,162
  • Jul 2, 2009 11:39am Jul 2, 2009 11:39am
Equities crashing -2.5, Oil -3.5, yet cable handles herself just fine.
  • #142,163
  • Jul 2, 2009 11:42am Jul 2, 2009 11:42am
Dr. Jack .. say ur word on cable
  • #142,164
  • Jul 2, 2009 11:43am Jul 2, 2009 11:43am
Twas the 30 Min, but you can see it on the 1 hr also and the 15 here they are as follows.

Quoting LondonTrader
Is it H1 or H4 charts?
LT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu2.gif Size: 43 KB
Click to Enlarge Name: gu1.gif Size: 42 KB
  • #142,165
  • Jul 2, 2009 11:45am Jul 2, 2009 11:45am
looks like it can't break the 1.6410 area
  • #142,166
  • Jul 2, 2009 11:47am Jul 2, 2009 11:47am
Quoting roreki
Dr. Jack .. say ur word on cable
I would favor a buy at 6280/90 .. trendline support and weekly S1 pivot
Attached Image (click to enlarge)
Click to Enlarge Name: gu buy.gif Size: 23 KB
  • #142,167
  • Jul 2, 2009 11:48am Jul 2, 2009 11:48am
could it be rise up to 6435/6436 ?? and further North ?? by asian open??
  • #142,168
  • Jul 2, 2009 11:50am Jul 2, 2009 11:50am
Yea Jack, I got a falling wedge and we may be able to milk a few hundred pips out of.

Quoting jack.canadia
I would favor a buy at 6280/90 .. trendline support and weekly S1 pivot
  • #142,169
  • Jul 2, 2009 11:51am Jul 2, 2009 11:51am
Long it is
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  • #142,170
  • Jul 2, 2009 11:52am Jul 2, 2009 11:52am
im short at 1.6400 loking for 1.6300 and then i might trade again this week but idk we need to find a direction on daily charts.
  • #142,171
  • Jul 2, 2009 12:05pm Jul 2, 2009 12:05pm
Quoting jgnorton
Long it is
Hmm..stopped @ 1.6400? Long? Or this is the beginning of greater fall??
  • #142,172
  • Jul 2, 2009 12:16pm Jul 2, 2009 12:16pm
Damn i should have kept that long this morning! err
  • #142,173
  • Jul 2, 2009 12:17pm Jul 2, 2009 12:17pm
jack u short u/cad by chance

so for off topic
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #142,174
  • Jul 2, 2009 12:17pm Jul 2, 2009 12:17pm
Quoting djambazov84
jack u short u/cad by chance

so for off topic
i did i did
  • #142,175
  • Jul 2, 2009 12:21pm Jul 2, 2009 12:21pm
I think the commodities have moved the pair up...
  • #142,176
  • Jul 2, 2009 12:22pm Jul 2, 2009 12:22pm
Quoting zapper
I think the commodities have moved the pair up...
Oil especially ... Im short but ucad isnt going anywhere! hahah
  • #142,177
  • Jul 2, 2009 12:24pm Jul 2, 2009 12:24pm
I think it's just testing the long term 38 fib at 6428 again. Looking for drops from here again.
Ghost Rider - WWTBMD?
  • #142,178
  • Jul 2, 2009 12:25pm Jul 2, 2009 12:25pm
Quoting jack.canadia
Oil especially ... Im short but ucad isnt going anywhere! hahah
i`m affraid it might for the 1.165
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #142,179
  • Jul 2, 2009 12:28pm Jul 2, 2009 12:28pm
added onther short @ 1.6423 and i have one too @ 1.6373 ,,
  • #142,180
  • Jul 2, 2009 12:28pm Jul 2, 2009 12:28pm
testing a trade for fibo 38.2 short @ 1.6423 tight sl..
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