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Daily Cable Vision

  • #2,121
  • Jul 7, 2009 3:08pm Jul 7, 2009 3:08pm
Quoting deboooo2005
BE hit
Hi Debboooo,

Cheers for the thread, first time here. Thinking about your short, maybe its oing to drop to the 1.6100 zone, being a round number and strong support i anticipate a bouce from here. RSI kicked up but still dropping.

Chart attached.
Attached Image (click to enlarge)
Click to Enlarge Name: cable8.gif Size: 18 KB
  • #2,122
  • Jul 7, 2009 3:45pm Jul 7, 2009 3:45pm
Quoting pjpipster
Hi Debboooo,

Cheers for the thread, first time here. Thinking about your short, maybe its oing to drop to the 1.6100 zone, being a round number and strong support i anticipate a bouce from here. RSI kicked up but still dropping.

Chart attached.
short is below 1.6090 when we still above 1.6090 long is better
  • #2,123
  • Jul 7, 2009 3:59pm Jul 7, 2009 3:59pm
Quoting deboooo2005
short is below 1.6090 when we still above 1.6090 long is better
I see. Have an order to buy @1.6100, use a 25 pip stop, if the break of 1.6090 holds I will then go short. Well thats my plan anyway. I could even miss the long yet. Scored over 100 pips short earlier tonight.

Almost my bedtime 4am here in Laos.

Good luck
  • #2,124
  • Jul 7, 2009 5:18pm Jul 7, 2009 5:18pm
Quoting pjpipster
I see. Have an order to buy @1.6100, use a 25 pip stop, if the break of 1.6090 holds I will then go short. Well thats my plan anyway. I could even miss the long yet. Scored over 100 pips short earlier tonight.

Almost my bedtime 4am here in Laos.

Good luck
Cancelled long
  • #2,125
  • Jul 7, 2009 5:49pm Jul 7, 2009 5:49pm
Still thinking we will see new lows today. Very bearish on GBP/USD as well as JPY pairings. Looking for a retrace to 1.6171 (38.2 fibon this run down) for a possible entry. Otherwise a break of 1.6085 will do it for me to ride her on down.
Show me the PIPS!
  • #2,126
  • Jul 7, 2009 5:59pm Jul 7, 2009 5:59pm
Long @ 1.6110

S/L @ 1.6090

T/P @ 1.6170


If It hits S/L, I'm looking to go Short to 1.6000.


Wish me luck
  • #2,127
  • Jul 8, 2009 12:52am Jul 8, 2009 12:52am
i'm buying 1.6074.. risky trade.. but the support is there.. i see 1.6065 still act as a support.. oldresistance act as a minor support..
  • #2,128
  • Jul 8, 2009 1:14am Jul 8, 2009 1:14am
hi

first real support @ 1.6008
  • #2,129
  • Jul 8, 2009 1:23am Jul 8, 2009 1:23am
Quoting deboooo2005
hi

first real support @ 1.6008
trying to do scalping.. but stopped out 30 pips minus... i see 1.6000 as a fibo level too.. Last low is broken.. creating a new lower low.. 1.6000 will be its next stop positively.. i will do another long @ 1.6000..
  • #2,130
  • Jul 8, 2009 1:44am Jul 8, 2009 1:44am
add short @ 1.6085
  • #2,131
  • Jul 8, 2009 1:58am Jul 8, 2009 1:58am
Becareful

breaking 1.6115 ... let cable visit 1.6185
  • #2,132
  • Jul 8, 2009 2:04am Jul 8, 2009 2:04am
stopped @ 1.6100.. just testing.. - 15 more pips.. LOL..
  • #2,133
  • Jul 8, 2009 3:24am Jul 8, 2009 3:24am
the pa is strange.. no steam for gu to move lower..long @ 1.6070
  • #2,134
  • Jul 8, 2009 3:36am Jul 8, 2009 3:36am
Quoting mloistianto
the pa is strange.. no steam for gu to move lower..long @ 1.6070
Good lad. Please don't forget to protect your profit as you go along.
You've got to be IN IT to WIN IT!
  • #2,135
  • Jul 8, 2009 3:43am Jul 8, 2009 3:43am
Quoting Ifty
Good lad. Please don't forget to protect your profit as you go along.
Yes.. SL 2 BE already.. the price action lost the steam to go lower.. i think bullish will take care the rest..
  • #2,136
  • Jul 8, 2009 3:48am Jul 8, 2009 3:48am
Quoting mloistianto
Yes.. SL 2 BE already.. the price action lost the steam to go lower.. i think bullish will take care the rest..
If are ever 20-30 pips+ then always move your SL as there is no point giving away ALL the profit.
You've got to be IN IT to WIN IT!
  • #2,137
  • Jul 8, 2009 4:14am Jul 8, 2009 4:14am
Hi Deboooo. How are you bro? Is the bull now starting to wake up do you think?
You've got to be IN IT to WIN IT!
  • #2,138
  • Jul 8, 2009 4:21am Jul 8, 2009 4:21am
closed @ 1.6117 open another short @ 1.6115 right @ the resistance..
  • #2,139
  • Jul 8, 2009 4:23am Jul 8, 2009 4:23am
Quoting Ifty
Hi Deboooo. How are you bro? Is the bull now starting to wake up do you think?
the bull will wake up is there is a clear breakout 1.6110-1.6120

thats what i think, as long as the price stay below it, there is room to reach 1.6000 where the real support is..
  • #2,140
  • Jul 8, 2009 4:35am Jul 8, 2009 4:35am
Quoting mloistianto
closed @ 1.6117 open another short @ 1.6115 right @ the resistance..
I'm long 1.6114 with tight stop .. let's see..
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