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Cable Update (GBPUSD)

  • #150,521
  • Jul 24, 2009 5:59am Jul 24, 2009 5:59am
Im still short
  • #150,522
  • Jul 24, 2009 6:01am Jul 24, 2009 6:01am
Come H4 QQE..below 50 line...
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  • #150,523
  • Jul 24, 2009 6:02am Jul 24, 2009 6:02am
Surprised there aren't more people fading the news move.

IF eu breaks here i'd want to retrace it all.
  • #150,524
  • Jul 24, 2009 6:02am Jul 24, 2009 6:02am
Quoting ams
Expect some surprise today folks...

I am expecting one...there is a reason for tanking currencies against the dollar from big boys..who knows it could be IR decision from fed etc...they are in question for replacement with council as well...


ams
dows futures are up....do you think we could see Fri rally? if so, this will give us some ideas?

S&P500 1st Res 966.10
Upper Potential 973.40
1st Support 962.80
Lower Potential 957.80

Crude 1st Res 67.10
Upper Potential 67.50
1st Support 66.50
Lower Potential 65.89
  • #150,525
  • Jul 24, 2009 6:04am Jul 24, 2009 6:04am
Quoting KillPhil08
Surprised there aren't more people fading the news move.

IF eu breaks here i'd want to retrace it all.
It's like I have precognition or something.
  • #150,526
  • Jul 24, 2009 6:06am Jul 24, 2009 6:06am
Quoting forexlion
exactlevel to level trade which you simply cannot miss
Come on mate......I cant even say anything brov...
Its all over the place....its ranging between the 4 hourly trendlines..that is not called a down trend...anyways leave you with your thoughts..i am happy scalping this right now.....

Good Luck
Let Price determine your future!
  • #150,527
  • Jul 24, 2009 6:06am Jul 24, 2009 6:06am
Quoting Angelina
any1 in trade now guys?
I am currently have 2 lots buy from 1.6440 TP still unknown SL at 1.6410
  • #150,528
  • Jul 24, 2009 6:08am Jul 24, 2009 6:08am
http://www.cnbc.com/id/32120666
  • #150,529
  • Jul 24, 2009 6:08am Jul 24, 2009 6:08am
Quoting Pyramus
I am currently have 2 lots buy from 1.6440 TP still unknown SL at 1.6380
nice to see you in green ;D
  • #150,530
  • Jul 24, 2009 6:11am Jul 24, 2009 6:11am
Quoting KillPhil08
It's like I have precognition or something.
LOL.

Nice rejection of the low of the overnight range on cable.
  • #150,531
  • Jul 24, 2009 6:11am Jul 24, 2009 6:11am
Quoting Pyramus
I am currently have 2 lots buy from 1.6440 TP still unknown SL at 1.6410

i would TP at this 50% at 80/85 why go against the news? also after a nice move up weekend taking profit take your 4 pips and run
  • #150,532
  • Jul 24, 2009 6:13am Jul 24, 2009 6:13am
I think it is going down.

6480 would be top for today.
  • #150,533
  • Jul 24, 2009 6:14am Jul 24, 2009 6:14am
Quoting eshrira
i would TP at this 50% at 80/85 why go against the news? also after a nice move up weekend taking profit take your 4 pips and run

ur wiser...
  • #150,534
  • Jul 24, 2009 6:16am Jul 24, 2009 6:16am
Quoting AstonDan
LOL.

Nice rejection of the low of the overnight range on cable.
How are you doing? Any trades?

I'm only trading one account today looking for 38 more pips. Not sure I can really be bothered though. I've got other side projects to do.
  • #150,535
  • Jul 24, 2009 6:19am Jul 24, 2009 6:19am
Quoting eshrira
i would TP at this 50% at 80/85 why go against the news? also after a nice move up weekend taking profit take your 4 pips and run
I'm still bullish because all other currencies including gold is still going up no signs of slowing down it may potentially carry GU up i'll still hold this till news just adjusted SL to 1.6430
  • #150,536
  • Jul 24, 2009 6:22am Jul 24, 2009 6:22am
Quoting KillPhil08
How are you doing? Any trades?

I'm only trading one account today looking for 38 more pips. Not sure I can really be bothered though. I've got other side projects to do.
Nothing on the table today. I had to be up and out of the house by 7.30 so didn't bother looking this morning for the range, although it looks sweet in hindsight.

Took a nice short on EU yesterday afternoon but IG was playing up last night so decided to leave alone.
  • #150,537
  • Jul 24, 2009 6:24am Jul 24, 2009 6:24am
Quoting KillPhil08
How are you doing? Any trades?

I'm only trading one account today looking for 38 more pips. Not sure I can really be bothered though. I've got other side projects to do.

ok i hope it works out for you but rite now your risking your 40 pips profit im my opinion. look to re-enter at the lows again if you really want to stay in this trade

this want meant to be replied to papyrus sorry
  • #150,538
  • Jul 24, 2009 6:25am Jul 24, 2009 6:25am
Quoting AstonDan
Nothing on the table today. I had to be up and out of the house by 7.30 so didn't bother looking this morning for the range, although it looks sweet in hindsight.

Took a nice short on EU yesterday afternoon but IG was playing up last night so decided to leave alone.
I had two disppearing trades on IG last night, and they discredited me 45pips when my loss should have been 30.

Furthermore after they reset their end both trades were still open??!?! STopping me out again but taking profit on euro. Friggin crazy, they still havent replied to my mail.
  • #150,539
  • Jul 24, 2009 6:25am Jul 24, 2009 6:25am
I think we could see a big move down when eur/usd tops, it is already at 4250 could peak to 4290 and after a peak it will go down probably, i guess gbp could follow only in faster pace!
  • #150,540
  • Jul 24, 2009 6:26am Jul 24, 2009 6:26am
Hey guyz

Hope u r all doing great

yesterday was a bad day for me ..

i think i will learn alittel more @ babypips

Good Luck guyz and thnx for everything
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