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Cable Update (GBPUSD)

  • #148,121
  • Jul 20, 2009 10:30am Jul 20, 2009 10:30am
Kill bull story by--FOMC Member Lockhart Speaks!!
  • #148,122
  • Jul 20, 2009 10:32am Jul 20, 2009 10:32am
Quoting Yngwie
Bro, whats your TP for short?
Well 6000 would be nice....LOL

But I'll settle for 6450 first target.
Ghost Rider - WWTBMD?
  • #148,123
  • Jul 20, 2009 10:34am Jul 20, 2009 10:34am
Quoting albchr
Well 6000 would be nice....LOL

But I'll settle for 6450 first target.
You think its going to hit yor target in hours or u hoping when London opens?
  • #148,124
  • Jul 20, 2009 10:39am Jul 20, 2009 10:39am
Quoting UncleSam123
You think its going to hit yor target in hours or u hoping when London opens?
Really hard to say at this hour. My NY neighbors are coming back from lunch now so things "should" pick up a little bit soon.

Right now I'm just happy to be locked in profit with no worries.
Ghost Rider - WWTBMD?
  • #148,125
  • Jul 20, 2009 10:40am Jul 20, 2009 10:40am
On the following site, it mentions the pivot @ 1.6505 - Could this be correct?

http://www.actionforex.com/technical...-200603215756/
Disclaimer: Check your 1m charts
  • #148,126
  • Jul 20, 2009 10:41am Jul 20, 2009 10:41am
Quoting albchr
Well 6000 would be nice....LOL

But I'll settle for 6450 first target.
Well 6450 will be hitted soon. 6000 next day
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #148,127
  • Jul 20, 2009 10:44am Jul 20, 2009 10:44am
Quoting Yngwie
Well 6450 will be hitted soon.
I wouldn't guarantee that...be careful.

And of course, I was kidding about 6000....LOL

I'd be crazy happy if it makes 6380 which I have doubts about right now.
Ghost Rider - WWTBMD?
  • #148,128
  • Jul 20, 2009 10:53am Jul 20, 2009 10:53am
Short term UP. But bearing divergence building on all TF.
Patience.
  • #148,129
  • Jul 20, 2009 10:53am Jul 20, 2009 10:53am
Quoting albchr
I wouldn't guarantee that...be careful.

And of course, I was kidding about 6000....LOL

I'd be crazy happy if it makes 6380 which I have doubts about right now.

Got my Long on, tis with the trend so patience, might score big time, or might cost me alittle!!

SNOOZE!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #148,130
  • Jul 20, 2009 10:53am Jul 20, 2009 10:53am
Well folks, have a great day. I'm outta here. Trade safe....
Ghost Rider - WWTBMD?
  • #148,131
  • Jul 20, 2009 11:28am Jul 20, 2009 11:28am
Where's Lion at?
Disclaimer: Check your 1m charts
  • #148,132
  • Jul 20, 2009 11:36am Jul 20, 2009 11:36am
Looks like this short/bearish doesn't go anywhere. Most would be 1.6490 area (hourly support) .. imo.
  • #148,133
  • Jul 20, 2009 11:37am Jul 20, 2009 11:37am
Quoting Bull_Bear
Common guys as long as that daily falling trend is still in place no need to panic just yet.
Hey folks, been out of action for a while but I've caught this one. BB, I know you're in bed now.... but when you read this, are you referring to daily volume trend decreasing, cos that's what I'm seeing?

Anyways, I'm in short @ 6534 (2nd attempt). Got whiplashed out on my first go as I was in a rush to leave the office - let that be a lesson for the newbies like me, rushing and too tight a stop = not a good plan...
A pip is only worth it if you know how much you risked to earn it
  • #148,134
  • Jul 20, 2009 11:43am Jul 20, 2009 11:43am
This last rise is a bull trap. Close any Profitable Long and Dont open new ones.
  • #148,135
  • Jul 20, 2009 11:45am Jul 20, 2009 11:45am
Lets see what it does at 548?
  • #148,136
  • Jul 20, 2009 11:46am Jul 20, 2009 11:46am
Quoting vlady1974
Hey folks, been out of action for a while but I've caught this one. BB, I know you're in bed now.... but when you read this, are you referring to daily volume trend decreasing, cos that's what I'm seeing?

Anyways, I'm in short @ 6534 (2nd attempt). Got whiplashed out on my first go as I was in a rush to leave the office - let that be a lesson for the newbies like me, rushing and too tight a stop = not a good plan...

The trend the trend, don't fight the trend!!

Jump on the trend, take the trend for a ride and make more pips than you can count, or don't and lose your pips!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #148,137
  • Jul 20, 2009 11:53am Jul 20, 2009 11:53am
Hey geppyg
how ya mate ?
  • #148,138
  • Jul 20, 2009 11:54am Jul 20, 2009 11:54am
I still think we are in an uptrend.

We may see pullback to around 480, before going north again!
  • #148,139
  • Jul 20, 2009 11:57am Jul 20, 2009 11:57am
Quoting alex1976
I still think we are in an uptrend.

We may see pullback to around 480, before going north again!

Only interested in really short term trends here and yes uptrend, it's sitting on my first S/R SMA at the moment.


Another at 1.6520 area, then final at 1.6510 until allowed to short here.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #148,140
  • Jul 20, 2009 12:01pm Jul 20, 2009 12:01pm
Just trying to start these chainsaws....bear with me.
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