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Cable Update (GBPUSD)

  • #143,521
  • Jul 7, 2009 7:18am Jul 7, 2009 7:18am
Quoting jack.canadia
2 winners short overnight

waiting for some direction then ill go from there
A man with patience and a plan. thats a rareity good on yah Jack
  • #143,522
  • Jul 7, 2009 7:21am Jul 7, 2009 7:21am
Today's trading is really rubbish..
  • #143,523
  • Jul 7, 2009 7:22am Jul 7, 2009 7:22am
Quoting jack.canadia
2 winners short overnight

waiting for some direction then ill go from there
Yep, same for me with that single 3 lot short last night. Flat now as GU has been pissing me off with it's wishy washy attitude all morning...LOL

Currently short the EU from 4044. Locked in and trailing....

Snapped a long off on EU this morning from 3926 to 4048 as well.
Ghost Rider - WWTBMD?
  • #143,524
  • Jul 7, 2009 7:23am Jul 7, 2009 7:23am
50/50 here, dead with no direction to mention currently and no news to spark a move either way.

I hate waiting patiently!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #143,525
  • Jul 7, 2009 7:25am Jul 7, 2009 7:25am
Heads up. Big NYC branch selling cable.
  • #143,526
  • Jul 7, 2009 7:26am Jul 7, 2009 7:26am
Quoting KillPhil08
Heads up. Big NYC branch selling cable.
where u get that from?
  • #143,527
  • Jul 7, 2009 7:29am Jul 7, 2009 7:29am
http://ransquawk.com/channels

GJ bouncing off trendline and hori S.
GU also on 16215 level.

How choppy is this.
  • #143,528
  • Jul 7, 2009 7:31am Jul 7, 2009 7:31am
Quoting albchr
Morning Jack, WB...

How go the trades?
Evening buddy. Just trading the dragon bro. No cable trade for me today. How's your day going?
Thank You
  • #143,529
  • Jul 7, 2009 7:32am Jul 7, 2009 7:32am
updownupdownupdownupdownupdownupdownupdownupdownupdownupdownupdown

I say up for the rest of NY session.
  • #143,530
  • Jul 7, 2009 7:32am Jul 7, 2009 7:32am
Quoting Bull_Bear
Ok took another hit -76pips this morning......

Shorting @ 1.6250..... SL 1.6320.... TP open
TP is 1.6050
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #143,531
  • Jul 7, 2009 7:36am Jul 7, 2009 7:36am
Quoting wormboy
Evening buddy. Just trading the dragon bro. No cable trade for me today. How's your day going?
Same here man (no dragon). Flat the GU right right now. Ripped off a few hundred $ on a GU short from last night.

A few more on a long EU this morning and my trailer just got hit on a EU short for +10.

Slow day.....
Ghost Rider - WWTBMD?
  • #143,532
  • Jul 7, 2009 7:36am Jul 7, 2009 7:36am
Quoting KillPhil08
http://ransquawk.com/channels

GJ bouncing off trendline and hori S.
GU also on 16215 level.

How choppy is this.
funny how they ran it down to support and then it bounced .. so predictable.

entered long at 6221 .. may turn into a scalp
  • #143,533
  • Jul 7, 2009 7:37am Jul 7, 2009 7:37am
If there is a sell (BIG NYC branch) it means the cable should go down?

London Trader
Quoting KillPhil08
Heads up. Big NYC branch selling cable.
Discomfort and profit often stand side by side
  • #143,534
  • Jul 7, 2009 7:38am Jul 7, 2009 7:38am
Long at 1.6219 and 1.6223...Looks like 1.6450
Hero Traders Live to see their Accounts Die!
  • #143,535
  • Jul 7, 2009 7:42am Jul 7, 2009 7:42am
Looks like we have a split field today......
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #143,536
  • Jul 7, 2009 7:43am Jul 7, 2009 7:43am
Quoting simoneg
Long at 1.6219 and 1.6223...Looks like 1.6450
ya the hourly looks like a 123 reversal pattern for now, and price action is bullish still on the 15 minute.

tons of resistance at 6300 though, thats the level to beat to move up
  • #143,537
  • Jul 7, 2009 7:43am Jul 7, 2009 7:43am
Yeah well my feed is 2min delayed. So although it did go down at the time, my reply might have been late for anyone to get in. It's good for the newswire and generally during speeches etc. For example you occasionally get a headsup about what soros is doing or what big banks are doing (which so far has been 100% right - ie. soros buying below 1.40 and deutch bank buying 1.54 or something like that).

total scalpers territory, only using 10pip stops and aiming for 10-15. (fyi most of these lines where from sunday/monday lol, still valid!)
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  • #143,538
  • Jul 7, 2009 7:43am Jul 7, 2009 7:43am
Quoting LondonTrader
If there is a sell (BIG NYC branch) it means the cable should go down?

London Trader
Don't believe everything you ....hear....read....hear.
Ghost Rider - WWTBMD?
  • #143,539
  • Jul 7, 2009 7:45am Jul 7, 2009 7:45am
Enough already. You've tortured us the whole day..
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  • #143,540
  • Jul 7, 2009 7:45am Jul 7, 2009 7:45am
Quoting jack.canadia
ya the hourly looks like a 123 reversal pattern for now, and price action is bullish still on the 15 minute.

tons of resistance at 6300 though, thats the level to beat to move up
Yes Jack, just saw that 6300-25 must be watched closely.
Hero Traders Live to see their Accounts Die!
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