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Cable Update (GBPUSD)

  • #145,721
  • Jul 13, 2009 11:58am Jul 13, 2009 11:58am
Quoting RichLadyFX
She went close to 6200. Will 6220 attainable before NY closes?
Yess indeed. Price at 50% fibo for the first TP.
  • #145,722
  • Jul 13, 2009 11:58am Jul 13, 2009 11:58am
Quoting wormboy
Okay. Atm I don't see cable getting there.
Anyway, Good luck with your trading
Thanks, but am done for the day!
Hero Traders Live to see their Accounts Die!
  • #145,723
  • Jul 13, 2009 12:01pm Jul 13, 2009 12:01pm
Quoting wormboy
Okay. Atm I don't see cable getting there.
Anyway, Good luck with your trading
hellow wb..
how r u today ?
still bearrr ?
hoohooo....
Juz a newbie learn to get rich.
  • #145,724
  • Jul 13, 2009 12:05pm Jul 13, 2009 12:05pm
Quoting lUnk2
hellow wb..
how r u today ?
still bearrr ?
hoohooo....
Hi. Bear since early June & since 6600. Nothing is new.
Thank You
  • #145,725
  • Jul 13, 2009 12:09pm Jul 13, 2009 12:09pm
Quoting simoneg
Closed longs for +218pips...Over and Out! Thanks for the focus talk again Bull_Bear!!!

Happy Trading All!
Which long gave u +218pips pls? Was lon from 6030 to 6175 for +145pips and highest point ws 6193. So how come the +218 pips?
In all your ways acknowledge Him and He will direct your path.
  • #145,726
  • Jul 13, 2009 12:12pm Jul 13, 2009 12:12pm
As long as the DJ is ranging above 8200, the GU won't drop in this session. Some decent long scalps in the 6150 - 6200 range.
  • #145,727
  • Jul 13, 2009 12:14pm Jul 13, 2009 12:14pm
Quoting wormboy
why

anything is possible .

we have broken channel and could even head to 1.6350 test ....

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Blogging daily now at www.volume.zone
  • #145,728
  • Jul 13, 2009 12:15pm Jul 13, 2009 12:15pm
Quoting OmegaFire
Which long gave u +218pips pls? Was lon from 6030 to 6175 for +145pips and highest point ws 6193. So how come the +218 pips?
Boy i tell u...I will outline for u...but as trader to trader we should not be so sceptical...Multiple positions Omega...@ 1.6088, 1.6101 &1.6103 closed @ 1.6170.
Hero Traders Live to see their Accounts Die!
  • #145,729
  • Jul 13, 2009 12:25pm Jul 13, 2009 12:25pm
Quoting RichLadyFX
She went close to 6200. Will 6220 attainable before NY closes?
Sorry for the delay, reading another thread and the FF servers crapped....LOL

Well we can never be sure but as of now, it's hovering in what to me is no mans land meaning I won't place a trade either way.

If it reaches 6220 (which it's getting close to now), then PA from there will give me "clues" as to where it might go.

EDIT: Well my pending short at 6220 was just triggered so I guess I'll see if it was a good move or not now...LOL
Ghost Rider - WWTBMD?
  • #145,730
  • Jul 13, 2009 12:29pm Jul 13, 2009 12:29pm
Quoting albchr
it's hovering in what to me is no mans land meaning I won't place a trade either way.
I had 1.6180 as my daily long entry price.
Hero Traders Live to see their Accounts Die!
  • #145,731
  • Jul 13, 2009 12:37pm Jul 13, 2009 12:37pm
Quoting simoneg
I had 1.6180 as my daily long entry price.

That's the beauty of Forex...LOL...we all have our views and plans...

So good luck to both of us.....
Ghost Rider - WWTBMD?
  • #145,732
  • Jul 13, 2009 12:41pm Jul 13, 2009 12:41pm
Quoting albchr
That's the beauty of Forex...LOL...we all have our views and plans...

So good luck to both of us.....
I'm short at 6217 based on the PA at the 6220-6225 area. Lets see how this unfolds
  • #145,733
  • Jul 13, 2009 12:41pm Jul 13, 2009 12:41pm
Quoting Yngwie
Waiting for the short!!!! Right here waiting bebeh!!!
Time for me to [email protected] [email protected] TP@OPEN Nite guys!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #145,734
  • Jul 13, 2009 12:45pm Jul 13, 2009 12:45pm
Quoting albchr
That's the beauty of Forex...LOL...we all have our views and plans...

So good luck to both of us.....
I think simone reporting pips as pips made. Ie if i went 10 lots and made 100 pips . I actually make 10,000 pip

I think .. anyway she was on skype with me she may even have gone long off 1.6080 .
Blogging daily now at www.volume.zone
  • #145,735
  • Jul 13, 2009 12:46pm Jul 13, 2009 12:46pm
I'll try a 30 pip 'lottery ticket' here as well:
Short @ 1.6204, SL 1.6234.
  • #145,736
  • Jul 13, 2009 12:48pm Jul 13, 2009 12:48pm
Quoting albchr
That's the beauty of Forex...LOL...we all have our views and plans...

So good luck to both of us.....

Very true albchr...I am not trading it...the entry has already gone. However it may trigger at or close to the last swing high. Good trade to you too.
Hero Traders Live to see their Accounts Die!
  • #145,737
  • Jul 13, 2009 12:49pm Jul 13, 2009 12:49pm
Quoting Yngwie
Time for me to [email protected] [email protected] TP@OPEN Nite guys!

good luck .. overall i am bearish

they just seem to be intent on marking the market up today
Blogging daily now at www.volume.zone
  • #145,738
  • Jul 13, 2009 12:50pm Jul 13, 2009 12:50pm
Quoting wormboy
why
In the broader picture, the 50% retracement of 1.7340 is still viable before the major move down. This may sound a bit crazy, but it's been an invested target for 5 months, so the preferred inspiration of the market. If support holds at 1.600, which so far it has, it may well happen.

Logically, I'm bearish because the Sterling should adjust down. But when has the GU been predictable?
  • #145,739
  • Jul 13, 2009 12:50pm Jul 13, 2009 12:50pm
Quoting malcolmb14
I think simone reporting pips as pips made. Ie if i went 10 lots and made 100 pips . I actually make 10,000 pip

I think .. anyway she was on skype with me she may even have gone long off 1.6080 .
No Malcolm, I had three different positions.
Hero Traders Live to see their Accounts Die!
  • #145,740
  • Jul 13, 2009 12:57pm Jul 13, 2009 12:57pm
Quoting malcolmb14
good luck .. overall i am bearish

they just seem to be intent on marking the market up today
Yep, they're working hard to get us all bullish now...
I'm putting on a couple of shorts against the markup instead.
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