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Cable Update (GBPUSD)

  • #144,981
  • Jul 9, 2009 11:48pm Jul 9, 2009 11:48pm
Quoting tathlynq
WHOAH! How did you know?!?! HA! Anyway... I am looking at SHORTING today IF we can break 1.6270.
More logical to me.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #144,982
  • Jul 10, 2009 12:02am Jul 10, 2009 12:02am
tricky closure of last hour, i'm not sure it's a brake, i would like it to be a brake, ideas?
  • #144,983
  • Jul 10, 2009 12:07am Jul 10, 2009 12:07am
Hi FXLION

it is a great idea i will keep in mind for next time thanks for sharing .for me it is forming b and now will head to C wave up a little more before jumping down. on 4 hour timeframe
  • #144,984
  • Jul 10, 2009 12:07am Jul 10, 2009 12:07am
I need a good SOLID close below 1.6270 before I'll feel good about it. Still waiting patiently.
Show me the PIPS!
  • #144,985
  • Jul 10, 2009 12:10am Jul 10, 2009 12:10am
Quoting forexlion
Lets send an anonymous email to the north Korean president that united states is launching an attack on them sometime today
He-he, some less bad news would do just fine
  • #144,986
  • Jul 10, 2009 12:22am Jul 10, 2009 12:22am
EU and other euro based currencies are droppiung like flies....Whats happened to GU....?
  • #144,987
  • Jul 10, 2009 12:22am Jul 10, 2009 12:22am
Quoting Endrju
tricky closure of last hour, i'm not sure it's a brake, i would like it to be a brake, ideas?
My SELL Limit Pending order @ 1.6260 was trigerred for +6pips b4 a reversal that took out my 20 SL. Waiting now for a break below daily pivot to short again or above I hr high (6328) to Long.

What do you think?
In all your ways acknowledge Him and He will direct your path.
  • #144,988
  • Jul 10, 2009 12:27am Jul 10, 2009 12:27am
If it hold's the PP's 16,250 maybe go long but I am pretty sure it will break and carry on going south....
  • #144,989
  • Jul 10, 2009 12:28am Jul 10, 2009 12:28am
Quoting Kamikaze456
EU and other euro based currencies are droppiung like flies....Whats happened to GU....?
some 10 east european countries are talking with IMF for multi billion bailout, that's why eur is weak and falling, gbp should follow, short @ 6277 after retrace from 60ties, 15m and 1h shows triangle, which will be broken then hourly closes below 6270
  • #144,990
  • Jul 10, 2009 12:37am Jul 10, 2009 12:37am
waiting for 1.6237 for short entry. Price going crazy now..news coming over!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #144,991
  • Jul 10, 2009 12:37am Jul 10, 2009 12:37am
Quoting redrose
Hi FXLION

it is a great idea i will keep in mind for next time thanks for sharing .for me it is forming b and now will head to C wave up a little more before jumping down. on 4 hour timeframe
i set all trades to close with a 10 pip profit, so as it goes down it will keep reducing my exposure
  • #144,992
  • Jul 10, 2009 12:38am Jul 10, 2009 12:38am
Morning everyone...

Anybody catch the move back down? Set this up before bed last night in hopes it would bounce off 6380. Got lucky. Same on EU as well but it had a nice 4H pin.

Might just make back those yesterday losses...LOL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 25 KB
Click to Enlarge Name: eu 4h.gif Size: 30 KB
Ghost Rider - WWTBMD?
  • #144,993
  • Edited 1:10am Jul 10, 2009 12:39am | Edited 1:10am
Quoting Bull_Bear
Yippie, a whole +20pips (+75pip on way up and -55pips to go down) in my sleep.... all good

Short @ 1.6335 .... SL 1.6410.... TP 1.6275

See you guys in the London Session
Nice little profit..... +55pips from this mornings call.

Gotta run have the woman barking in my ear, see you guys a bit later on.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #144,994
  • Jul 10, 2009 1:09am Jul 10, 2009 1:09am
Hi all
Daily chart indicate bullish trend ... take care ... see you later
  • #144,995
  • Jul 10, 2009 1:10am Jul 10, 2009 1:10am
Back online now, been let off the hook. She's looking bearish but no calls as yet.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #144,996
  • Jul 10, 2009 1:20am Jul 10, 2009 1:20am
Quoting deboooo2005
Hi all
Daily chart indicate bullish trend ... take care ... see you later
its gonna free fall......becareful
  • #144,997
  • Jul 10, 2009 1:22am Jul 10, 2009 1:22am
Quoting macd
its gonna free fall......becareful
and why would you say this?
Keep It Simple Stupid
  • #144,998
  • Jul 10, 2009 1:23am Jul 10, 2009 1:23am
Quoting Alastair
and why would you say this?
H4 Stoch, daily MACD and weekly Stoch pointing down...
  • #144,999
  • Jul 10, 2009 1:43am Jul 10, 2009 1:43am
Quoting macd
H4 Stoch, daily MACD and weekly Stoch pointing down...
I agree bro, but anything could happen now. 1.6270 is too hard to broken.
  • #145,000
  • Jul 10, 2009 1:51am Jul 10, 2009 1:51am
Quoting macd
H4 Stoch, daily MACD and weekly Stoch pointing down...
GI is a BITCH, so unless 1 hour and 4 hour do not agree on direction, just be careful and avoid risk
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