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Cable Update (GBPUSD)

  • #151,101
  • Jul 27, 2009 12:47am Jul 27, 2009 12:47am
Quoting Takisd
Given the fact its report season and technicals are playing very little part in the market right now, I wouldn't be in the market until a clean move starts to appear.

It has not started to appear.
It has appeared and I am in the market. The technicals are actually working quite well, along with a little discretion and tick tick.
  • #151,102
  • Jul 27, 2009 12:49am Jul 27, 2009 12:49am
Quoting RichLadyFX
What about end of london session?
I wont know until after 9GMT, but would be nice
  • #151,103
  • Jul 27, 2009 12:49am Jul 27, 2009 12:49am
Quoting direct-trade
It has appeared and I am in the market. The technicals are actually working quite well, along with a little discretion and tick tick.
Ok Sir. you are the boss

but I am short with 1.6383 exit from 1.6460 as usual
  • #151,104
  • Jul 27, 2009 12:50am Jul 27, 2009 12:50am
Quoting direct-trade
You're on. We see 16565 before end US Session tomorrow.
How do you know this? Why not 16564 or 16566? The market can go anywhere, wait for it to show it's hand Please.



Z
  • #151,105
  • Jul 27, 2009 12:53am Jul 27, 2009 12:53am
460 is good resistance level

___________

support resistance

.
  • #151,106
  • Jul 27, 2009 12:54am Jul 27, 2009 12:54am
Quoting errich fx
460 is good resistance level

___________

support resistance

.
hence i just entered a short off of it.
Keep It Simple Stupid
  • #151,107
  • Jul 27, 2009 12:55am Jul 27, 2009 12:55am
Quoting errich fx
460 is good resistance level

___________

support resistance

.
Similar to the number of posts you've made....

Is anyone actually watching the markets?

Z
  • #151,108
  • Jul 27, 2009 12:57am Jul 27, 2009 12:57am
Don't see where the short is. Good luck mate.

70% chance of it going up from here at least +34 based on the last 2 years of trading. But what do I know
  • #151,109
  • Jul 27, 2009 12:59am Jul 27, 2009 12:59am
man......its jumping....
  • #151,110
  • Jul 27, 2009 1:00am Jul 27, 2009 1:00am
Quoting Alastair
hence i just entered a short off of it.
S/l hit @ -20.
Keep It Simple Stupid
  • #151,111
  • Jul 27, 2009 1:07am Jul 27, 2009 1:07am
up up up rofl

1.6550 here we come
  • #151,112
  • Jul 27, 2009 1:08am Jul 27, 2009 1:08am
Quoting forexlion
okie dokie 1.6460

now the deal is this

 

  1. we are in a tight trading range, there is no doubt about this so forget big targets
  2. if 1.6460 breaks and we trade above 1.6475 then 1.6542 again
  3. on the down side if 1.6383 breaks, then it breaks the range somewhat for a retest of 1.60 area.
  4. otherwise we still continue to slog on 5 min charts

my short @ 6460 hit SL, but the deal is still on

we broke upper resistance, so its 6542
  • #151,113
  • Jul 27, 2009 1:08am Jul 27, 2009 1:08am
Quoting MoForce
up up up rofl

1.6550 here we come
yap my pending at 6550 sell limit and another will be at 6580 and samcke in EU 4280 and another at 4320

Good Luck


Ub
  • #151,114
  • Jul 27, 2009 1:10am Jul 27, 2009 1:10am
Quoting MoForce
up up up rofl

1.6550 here we come
  • #151,115
  • Jul 27, 2009 1:13am Jul 27, 2009 1:13am
Quoting ubaidahsan
yap my pending at 6550 sell limit and another will be at 6580 and samcke in EU 4280 and another at 4320

Good Luck


Ub
How about buy limit @ 1.6430 and TP 1.6600
Patient is virtual....
  • #151,116
  • Jul 27, 2009 1:14am Jul 27, 2009 1:14am
Quoting forexlion
my short @ 6460 hit SL, but the deal is still on

we broke upper resistance, so its 6542
Am with you on the short side but waiting for the right point to get in. Let the bulls run out of steam.

Z
  • #151,117
  • Jul 27, 2009 1:15am Jul 27, 2009 1:15am
place my short early this morning....but not feeling right after that. pull of after losing 3 pips only. but now i'm glad. for a small trader, ever dime counts.
  • #151,118
  • Jul 27, 2009 1:19am Jul 27, 2009 1:19am
Quoting zuret9
Am with you on the short side but waiting for the right point to get in. Let the bulls run out of steam.

Z
M5 now im short just after the shooting star SL at 6505, in case if Bull are in again, but today just looking for short gu....
Trade with the momentum
  • #151,119
  • Jul 27, 2009 1:19am Jul 27, 2009 1:19am
Quoting urutu
place my short early this morning....but not feeling right after that. pull of after losing 3 pips only. but now i'm glad. for a small trader, ever dime counts.
For a small trader, Patience counts a lot more.

Z
  • #151,120
  • Jul 27, 2009 1:20am Jul 27, 2009 1:20am
Quoting grashid
How about buy limit @ 1.6430 and TP 1.6600
Patient is virtual....
Yeah there's a GOOD chance of 1.66+ as long as G/U breaks that 1.55 level.
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