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Cable Update (GBPUSD)

  • #148,061
  • Jul 20, 2009 10:30am Jul 20, 2009 10:30am
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  • #148,062
  • Jul 20, 2009 10:31am Jul 20, 2009 10:31am
Taken out at +12...Some days I just hate this pair.....LOL
Ghost Rider - WWTBMD?
  • #148,063
  • Jul 20, 2009 10:32am Jul 20, 2009 10:32am
Quoting Bull_Bear
You the only one that makes crows call.... Agreed they are effective
Thank You
  • #148,064
  • Jul 20, 2009 10:36am Jul 20, 2009 10:36am
Quoting albchr
Taken out at +12...Some days I just hate this pair.....LOL
still think'n to pull trigger now or as planned at 1.6530.... lets hold as planned for now.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #148,065
  • Jul 20, 2009 10:36am Jul 20, 2009 10:36am
Quoting wormboy

Sir WB

Was it correct what i understood by the crows ? its a strong signs of bear. The Gu is going up, is it because of profit taking?

please enlighten me !
  • #148,066
  • Jul 20, 2009 10:36am Jul 20, 2009 10:36am
Are we going to go up again and break today's high?
  • #148,067
  • Jul 20, 2009 10:41am Jul 20, 2009 10:41am
Quoting rastapips

Was it correct what i understood by the crows ? its a strong signs of bear. The Gu is going up, is it because of profit taking?
Yup, that's how I understand them as well.
No idea why cable is going up, not overly concerned about going long either unless price close above 6600.
Thank You
  • #148,068
  • Jul 20, 2009 10:41am Jul 20, 2009 10:41am
Quoting pino2
Are we going to go up again and break today's high?
Very unlikely as it had reached the daily resistance @1.6540 area .. should be in retracing mode ..
  • #148,069
  • Jul 20, 2009 10:44am Jul 20, 2009 10:44am
1.650 is the 50% retrace of the high/low of the last 3 hour candles. it may hold and we head back down, have to wait and see. Both the S&P and DJ have done the same. The dow is sitting right at the 50% mark now at 8786.

It's lunch time in NY, .... man I miss NY pizza.
  • #148,070
  • Jul 20, 2009 10:44am Jul 20, 2009 10:44am
Quoting rastapips
Sir WB

Was it correct what i understood by the crows ? its a strong signs of bear. The Gu is going up, is it because of profit taking?

please enlighten me !
Retracement to 50 level Fib from 16548 to 16455 at 16504, bang on the money.

I favour a further slide South, Bears are always hungry when coming out of hibernation..
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  • #148,071
  • Jul 20, 2009 10:44am Jul 20, 2009 10:44am
Quoting Bull_Bear
still think'n to pull trigger now or as planned at 1.6530.... lets hold as planned for now.
Yeah, I'd say wait but unfortunately we're at that (Molasses on a 3 degree day) time of day so it might be some time. I still favor short but like you, I'd like to see it a bit higher. 6530/50 area again.
Ghost Rider - WWTBMD?
  • #148,072
  • Jul 20, 2009 10:46am Jul 20, 2009 10:46am
Quoting wormboy
Yup, that's how I understand them as well.
No idea why cable is going up, not overly concerned about going long either unless price close above 6600.

Mr. WB

Thanks allot for the enlightenment, emm thought what i understood was wrong.

lets see what happens with GU after this whether the crow will take over or the bull whack the crow and the bear.

hope the sleeping bears gets up.
  • #148,073
  • Jul 20, 2009 11:04am Jul 20, 2009 11:04am
Quoting albchr
Yeah, I'd say wait but unfortunately we're at that (Molasses on a 3 degree day) time of day so it might be some time. I still favor short but like you, I'd like to see it a bit higher. 6530/50 area again.
I don't like 1.6550. maybe pushing it a little, with all the bearish signs. I prefer 1.6530, thats why am still up making sure i get in and not miss the opportunity.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #148,074
  • Jul 20, 2009 11:05am Jul 20, 2009 11:05am
@ Bullbear
What will be your sl if you go in at 530?
  • #148,075
  • Jul 20, 2009 11:07am Jul 20, 2009 11:07am
Quoting rastapips
Mr. WB ..
Thank You
  • #148,076
  • Jul 20, 2009 11:08am Jul 20, 2009 11:08am
Doesn't look confident on bear :-)
  • #148,077
  • Jul 20, 2009 11:08am Jul 20, 2009 11:08am
Bull in control now?
Great Bodies are Engineered not Born
  • #148,078
  • Jul 20, 2009 11:09am Jul 20, 2009 11:09am
Quoting lbr
@ Bullbear
What will be your sl if you go in at 530?
refer back a couple of my post. SL and TP still active
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #148,079
  • Jul 20, 2009 11:10am Jul 20, 2009 11:10am
Quoting rastapips
whether the crow will take over or the bull whack the crow and the bear.

hope the sleeping bears gets up.
I don't have a clue what you're talking about, but I love it!

maybe the bull wants some of those pancakes....
  • #148,080
  • Jul 20, 2009 11:10am Jul 20, 2009 11:10am
I reckon cable has its eye on the DOW which is at decison level again

I am not sure whether we will see 8300 again or the DOW will go to 9000

I reckon this is the decider, and the Q2 profits being disclosed this week will drive it

'The miracle is this - the more we share, the more we have. ~ Leonard Nimoy ~ ' (so never share your ears)
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