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Cable Update (GBPUSD)

  • #148,121
  • Jul 20, 2009 12:30pm Jul 20, 2009 12:30pm
Kill bull story by--FOMC Member Lockhart Speaks!!
  • #148,122
  • Jul 20, 2009 12:32pm Jul 20, 2009 12:32pm
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 12:34pm Jul 20, 2009 12:34pm
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 12:39pm Jul 20, 2009 12:39pm
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 12:40pm Jul 20, 2009 12:40pm
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 12:41pm Jul 20, 2009 12:41pm
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 12:44pm Jul 20, 2009 12:44pm
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 12:53pm Jul 20, 2009 12:53pm
Short term UP. But bearing divergence building on all TF.
Patience.
  • #148,129
  • Jul 20, 2009 12:53pm Jul 20, 2009 12:53pm
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 12:53pm Jul 20, 2009 12:53pm
Well folks, have a great day. I'm outta here. Trade safe....
Ghost Rider - WWTBMD?
  • #148,131
  • Jul 20, 2009 1:28pm Jul 20, 2009 1:28pm
Where's Lion at?
Disclaimer: Check your 1m charts
  • #148,132
  • Jul 20, 2009 1:36pm Jul 20, 2009 1:36pm
Looks like this short/bearish doesn't go anywhere. Most would be 1.6490 area (hourly support) .. imo.
  • #148,133
  • Jul 20, 2009 1:37pm Jul 20, 2009 1:37pm
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 1:43pm Jul 20, 2009 1:43pm
This last rise is a bull trap. Close any Profitable Long and Dont open new ones.
  • #148,135
  • Jul 20, 2009 1:45pm Jul 20, 2009 1:45pm
Lets see what it does at 548?
  • #148,136
  • Jul 20, 2009 1:46pm Jul 20, 2009 1:46pm
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 1:53pm Jul 20, 2009 1:53pm
Hey geppyg
how ya mate ?
  • #148,138
  • Jul 20, 2009 1:54pm Jul 20, 2009 1:54pm
I still think we are in an uptrend.

We may see pullback to around 480, before going north again!
  • #148,139
  • Jul 20, 2009 1:57pm Jul 20, 2009 1:57pm
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 2:01pm Jul 20, 2009 2:01pm
Just trying to start these chainsaws....bear with me.
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