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Cable Update (GBPUSD)

  • #151,481
  • Jul 27, 2009 11:02am Jul 27, 2009 11:02am
Quoting albchr
I still think she's gonna tank. It's just a question of when....
yes I reckon

Obama is in trouble with his trillions spending plan and the DOW is weak and tottering

Safe dollar trade on the horizon perhaps

Only the new housing figures are holding it up I reckon - but if the market wants to pull back some then it will - it doesnt need a real reason

I have stop losses under all my big share holdings and its caution time with the GBP and the DOW
  • #151,482
  • Jul 27, 2009 11:02am Jul 27, 2009 11:02am
Quoting nAVIN2007
15 minutes and 30 minutes are shaping up to be bullish then....1hr can push though..according to me all time frames 15 upwards are bullish

OOPS ..LOL just as i say that cable slap me
ROBOT FOREX
  • #151,483
  • Jul 27, 2009 11:03am Jul 27, 2009 11:03am
Here is my Daily trading strategy I promised someone I would post when I got back from the hospital. I fully expect this to hit the red bottom of the envelope which is the predictive dot green arrow is pointing to. I don't give a dam if it goes 150 pips in either direction as my stop is back at 1.6693 and a breakout trade scheduled to buy long if the 1.6600 level is broken. Bottom line is the 1.6348 level is my target.

Ne
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  • #151,484
  • Jul 27, 2009 11:04am Jul 27, 2009 11:04am
Another insidebar, hopefully we can play the 1hour inside into the 4hour one.
  • #151,485
  • Jul 27, 2009 11:05am Jul 27, 2009 11:05am
I will change nothing as long as that orange line stays between the red and blue envelope lines.

Ne

Quoting Nene
Here is my Daily trading strategy I promised someone I would post when I got back from the hospital. I fully expect this to hit the red bottom of the envelope which is the predictive dot green arrow is pointing to. I don't give a dam if it goes 150 pips in either direction as my stop is back at 1.6693 and a breakout trade scheduled to buy long if the 1.6600 level is broken. Bottom line is the 1.6348 level is my target.

Ne
  • #151,486
  • Jul 27, 2009 11:05am Jul 27, 2009 11:05am
Quoting Nene
Bottom line is the 1.6348 level is my target.
Ne
sure
ROBOT FOREX
  • #151,487
  • Jul 27, 2009 11:05am Jul 27, 2009 11:05am
Quoting Bones
nope not a pin or hanging man
Hey buddy, how about that DOW huh?......lol

I know the day ain't over but that 9100 seems to be holding.
Ghost Rider - WWTBMD?
  • #151,488
  • Jul 27, 2009 11:08am Jul 27, 2009 11:08am
As long as my Swissy buy at 1.0664 is rolling I am not worried. Cable will drop. But my Swissy is up 68 pips right now heading for the blue side of the envelope.

Ne
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  • #151,489
  • Jul 27, 2009 11:10am Jul 27, 2009 11:10am
this is getting rediculious...im actually getting dizzy
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  • #151,490
  • Jul 27, 2009 11:13am Jul 27, 2009 11:13am
Quoting albchr
Hey buddy, how about that DOW huh?......lol

I know the day ain't over but that 9100 seems to be holding.
9059 at 9.11 pacific

I fear 8700 so its stop loss time - I am bringing more cash from UK to buy more shares at 8700

the DOW is 'too much too young' for my liking
  • #151,491
  • Jul 27, 2009 11:14am Jul 27, 2009 11:14am
Quoting nAVIN2007
this is getting rediculious...im actually getting dizzy

How can you get dizzy on something that doesn't move?....
Ghost Rider - WWTBMD?
  • #151,492
  • Jul 27, 2009 11:16am Jul 27, 2009 11:16am
Why is everyone surprised how this pair is acting. This pair does crap like this all the time. This is Cable and this is how cable moves.

Ne
  • #151,493
  • Jul 27, 2009 11:17am Jul 27, 2009 11:17am
boring..........
it try to break 65 with slow motion style....
- Always pray on your trading - God know the best for everyone
  • #151,494
  • Jul 27, 2009 11:17am Jul 27, 2009 11:17am
Quoting nAVIN2007
this is getting rediculious...im actually getting dizzy
That's right ... and tired and Sleepy
In all your ways acknowledge Him and He will direct your path.
  • #151,495
  • Jul 27, 2009 11:20am Jul 27, 2009 11:20am
Quoting Nene
Why is everyone surprised how this pair is acting. This pair does crap like this all the time. This is Cable and this is how cable moves.

Ne
Not in my experience over the past 10 months. This month excluded of course. I chose to trade this pair back then because of it's volatility and moves. Of course, having only traded for ten months, the summer wasn't part of it. I must say, I'm a tad disappointed across the board...

Anyway, lunch time. Somehow I don't think I'll miss much...LOL
Ghost Rider - WWTBMD?
  • #151,496
  • Jul 27, 2009 11:22am Jul 27, 2009 11:22am
Quoting albchr
How can you get dizzy on something that doesn't move?....
HAHA :- It might actually go where i want it to now..
  • #151,497
  • Jul 27, 2009 11:23am Jul 27, 2009 11:23am
blah blah blah blah
  • #151,498
  • Jul 27, 2009 11:29am Jul 27, 2009 11:29am
I'm Long @ 6503 but I'm just plain unimpressed with the cable today. Pls kindly share your nearest TP and SL with me in case it goes north. I just can't stand this. Need to leave the PC for a while if I have to keep my sanity.
In all your ways acknowledge Him and He will direct your path.
  • #151,499
  • Jul 27, 2009 11:34am Jul 27, 2009 11:34am
Quoting OmegaFire
I'm Long @ 6503 but I'm just plain unimpressed with the cable today. Pls kindly share your nearest TP and SL with me in case it goes north. I just can't stand this. Need to leave the PC for a while if I have to keep my sanity.
Man, those are decisions you should have made "before" pulling the trigger...no?
Ghost Rider - WWTBMD?
  • #151,500
  • Jul 27, 2009 11:37am Jul 27, 2009 11:37am
Quoting OmegaFire
I'm Long @ 6503 but I'm just plain unimpressed with the cable today. Pls kindly share your nearest TP and SL with me in case it goes north. I just can't stand this. Need to leave the PC for a while if I have to keep my sanity.
16514
16524
16544
16586

16494+spread or 16474 just below 50% fib and S/R
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