Cable Update (GBPUSD) | Page 7330 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #146,581
  • Jul 15, 2009 12:10pm Jul 15, 2009 12:10pm
this is chart I have been working on all week

the highest volume today happened at the utl , on a narrow spread up bar. Looks like some sellers hitting the market .

Earnings season is on us and JP Morgan is up tomorrow pre market so any thing can happen . BUt in an ideal world gu should move down to 6200 test

Attached Image (click to enlarge)
Click to Enlarge Name: chf01.gif Size: 28 KB
Blogging daily now at www.volume.zone
  • #146,582
  • Jul 15, 2009 12:16pm Jul 15, 2009 12:16pm
Quoting wormboy
hey mal .. 155!
BEAUTY !!!
Blogging daily now at www.volume.zone
  • #146,583
  • Jul 15, 2009 12:23pm Jul 15, 2009 12:23pm
Malcomb,

Are these moves up in GU and GY still in the sync of things over all? Remember you were talking about syncronicity
  • #146,584
  • Jul 15, 2009 12:49pm Jul 15, 2009 12:49pm
Oh thank God I am risking 1 pip now!
Hero Traders Live to see their Accounts Die!
  • #146,585
  • Jul 15, 2009 12:50pm Jul 15, 2009 12:50pm
Out with -1pip. Cant complain...
Hero Traders Live to see their Accounts Die!
  • #146,586
  • Jul 15, 2009 1:07pm Jul 15, 2009 1:07pm
I think from now to Asia session if she could not break below 6375 I think 6600 area will be next I'll prob short around that area. Nikkie will follow the Dow for sure.

GoodLuck

Angelina.
  • #146,587
  • Jul 15, 2009 1:10pm Jul 15, 2009 1:10pm
Quoting Angelina
I think from now to Asia session if she could not break below 6375 I think 6600 area will be next I'll prob short around that area. Nikkie will follow the Dow for sure.

GoodLuck

Angelina.
Exactly was I was thinking. Also the hourly chart is overbought at present and will need to retrace a little to build the momentum to go up.
You've got to be IN IT to WIN IT!
  • #146,588
  • Jul 15, 2009 1:10pm Jul 15, 2009 1:10pm
1.6408 stubbornly holding...Happy Trading all...out of here.
Hero Traders Live to see their Accounts Die!
  • #146,589
  • Jul 15, 2009 1:36pm Jul 15, 2009 1:36pm
FOMC is over and still DEAD as a Doe Doe!!

I give up, I'm outta here with Zero trades today


* Watch it fly *
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #146,590
  • Jul 15, 2009 1:40pm Jul 15, 2009 1:40pm
Yeah, I'd pull the plug too except obviously, it's already been pulled.
Ghost Rider - WWTBMD?
  • #146,591
  • Jul 15, 2009 1:55pm Jul 15, 2009 1:55pm
Not yet convinced of shorts!
Attached Image (click to enlarge)
Click to Enlarge Name: pennant.jpg Size: 388 KB
Hero Traders Live to see their Accounts Die!
  • #146,592
  • Jul 15, 2009 2:05pm Jul 15, 2009 2:05pm
Quoting simoneg
Not yet convinced of shorts!
Nothing can be determined in this low/no volume time of day. There simply isn't any trading going on right now.

Time to shut down the charts, pull up the recliner and do some bird watching...LOL
Ghost Rider - WWTBMD?
  • #146,593
  • Jul 15, 2009 2:07pm Jul 15, 2009 2:07pm
Quoting albchr
Nothing can be determined in this low/no volume time of day. There simply isn't any trading going on right now.

Time to shut down the charts, pull up the recliner and do some bird watching...LOL
Haha...If I had your view I could albchr.
Hero Traders Live to see their Accounts Die!
  • #146,594
  • Jul 15, 2009 2:09pm Jul 15, 2009 2:09pm
E/J and G/J is overbought.

I hope we should see a retracement soon.


Angelina.
Attached Image (click to enlarge)
Click to Enlarge Name: guejgj.jpg Size: 148 KB
  • #146,595
  • Jul 15, 2009 2:13pm Jul 15, 2009 2:13pm
Hi Angelina,

Whats your take on gbp/usd?

I see this as still up but with correction to 380-400!
  • #146,596
  • Jul 15, 2009 2:14pm Jul 15, 2009 2:14pm
Quoting simoneg
Haha...If I had your view I could albchr.

Not now ... but i think this is heading to 1.6600.

meanwhile in the news there are a few negative things about the credit markets , CIT. mmmmm

all seems a bit odd to me but enjoying the ride.
Blogging daily now at www.volume.zone
  • #146,597
  • Jul 15, 2009 2:19pm Jul 15, 2009 2:19pm
Quoting simoneg
Haha...If I had your view I could albchr.

You're kidding right? You live in Jamaica. Never been there but I hear it's BEAUTIFUL!! I'd love to see it someday.
Ghost Rider - WWTBMD?
  • #146,598
  • Jul 15, 2009 2:20pm Jul 15, 2009 2:20pm
Quoting alex1976
Hi Angelina,

Whats your take on gbp/usd?

I see this as still up but with correction to 380-400!
Hi Alex,

I just moved my sl @ 6355 blocked 105pips, my target is open untill it hit 6600 areas if not still get green. I think Nikkie will follow the Dow and 1h chart is still giving the up move so I dont wana get out now untill London session.

GoodLuck Alex.

Angelina.
  • #146,599
  • Jul 15, 2009 2:28pm Jul 15, 2009 2:28pm
Quoting albchr
You're kidding right? You live in Jamaica. Never been there but I hear it's BEAUTIFUL!! I'd love to see it someday.
Yes it is beautiful here..just dont have the views from home...Ocho Rios and Montego Bay are great places to visit.
Hero Traders Live to see their Accounts Die!
  • #146,600
  • Jul 15, 2009 2:29pm Jul 15, 2009 2:29pm
Quoting malcolmb14
Not now ... but i think this is heading to 1.6600.

meanwhile in the news there are a few negative things about the credit markets , CIT. mmmmm

all seems a bit odd to me but enjoying the ride.
yeah malcolmb, bes to wait and see...
Hero Traders Live to see their Accounts Die!
1,261 traders viewing now