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Cable Update (GBPUSD)

  • #154,661
  • Aug 3, 2009 8:47pm Aug 3, 2009 8:47pm
Quoting mktjong
I heard a rumour market will tank on Wed, I hope to see it one day sooner (i.e. today )
haha, what are your sources, may I ask? And what might the catalyst be?
  • #154,662
  • Aug 3, 2009 8:47pm Aug 3, 2009 8:47pm
Quoting wormboy
Good morning. Today we go

catch you guys london session. trade safe !

Worm, why you so sure were going down?
  • #154,663
  • Aug 3, 2009 8:48pm Aug 3, 2009 8:48pm
Is it because of the negative divergence on 1hr and 15min?
  • #154,664
  • Aug 3, 2009 8:56pm Aug 3, 2009 8:56pm
morning guys

If price break 1.7002 it should go up to 1.7075.. if break 1.6858 i consider we going down and it may down to 1.6786

happy trading!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #154,665
  • Aug 3, 2009 9:01pm Aug 3, 2009 9:01pm
Quoting Yngwie
morning guys

If price break 1.7002 it should go up to 1.7075.. if break 1.6858 i consider we going down and it may down to 1.6786

happy trading!
Don't think it will break until tomorrow --if it keeps going north.

1.70 has been psych level for long time and of you watched the touch and how fast it pulled back [must have had a S&^T load of sell orders placed there.]

I agree today will be a down day.
--- Gone --- RIP 11/27/09
  • #154,666
  • Aug 3, 2009 9:03pm Aug 3, 2009 9:03pm
I'll continue to buy on dips, with tight SL.
Great Bodies are Engineered not Born
  • #154,667
  • Aug 3, 2009 9:07pm Aug 3, 2009 9:07pm
yngwei,
you're sharp man. scored over 150pips yesterday right? is u don't mind me asking, u malaysian? what do u use to read the chart?
  • #154,668
  • Aug 3, 2009 9:08pm Aug 3, 2009 9:08pm
minor intraday support @ 1.6950
  • #154,669
  • Aug 3, 2009 9:13pm Aug 3, 2009 9:13pm
Quoting urutu
yngwei,
you're sharp man. scored over 150pips yesterday right? is u don't mind me asking, u malaysian? what do u use to read the chart?
im not good. maybe my day only. Not a fancy indicator just a stupid lines with some fibo level and pivot lines. Let see what we have today.. now just watch n wait
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #154,670
  • Aug 3, 2009 9:15pm Aug 3, 2009 9:15pm
Quoting RichLadyFX
I'll continue to buy on dips, with tight SL.

we have move 700 pip NO retrace .. be careful now this market is so overbought on all time frames it is not funny
Blogging daily now at www.volume.zone
  • #154,671
  • Aug 3, 2009 9:16pm Aug 3, 2009 9:16pm
I concur. you got a 150 yesterday, and a 150 today too

Quoting Yngwie
im not good. maybe my day only. Not a fancy indicator just a stupid lines with some fibo level and pivot lines. Let see what we have today.. now just watch n wait
Its all in the mind.
  • #154,672
  • Aug 3, 2009 9:17pm Aug 3, 2009 9:17pm
Quoting urutu
yngwei,
you're sharp man. scored over 150pips yesterday right? is u don't mind me asking, u malaysian? what do u use to read the chart?
he so sharp he managed to get a short this morning that not even goldman sachs themselves could have got....
Blogging daily now at www.volume.zone
  • #154,673
  • Aug 3, 2009 9:19pm Aug 3, 2009 9:19pm
lol now dats a lil harsh on him

Quoting malcolmb14
he so sharp he managed to get a short this morning that not even goldman sachs themselves could have got....
Its all in the mind.
  • #154,674
  • Aug 3, 2009 9:26pm Aug 3, 2009 9:26pm
Quoting malcolmb14
he so sharp he managed to get a short this morning that not even goldman sachs themselves could have got....
Just hitted Stop loss!! LoL! Who can deny u.. the king of scalper!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #154,675
  • Aug 3, 2009 9:26pm Aug 3, 2009 9:26pm
Quoting malcolmb14
we have move 700 pip NO retrace .. be careful now this market is so overbought on all time frames it is not funny
Thanks man, will be very careful, SL ready in case the BIG bear rears his oversized head.

I plan to get in and out with a 15-20 pips target. Buy on dips is the most sensible thing(in my opinion) to do in rising market

The problem is, i seldom follow my plan.
Great Bodies are Engineered not Born
  • #154,676
  • Aug 3, 2009 9:34pm Aug 3, 2009 9:34pm
Short GU AT 6975. Stop at 7075.
Its all in the mind.
  • #154,677
  • Aug 3, 2009 9:38pm Aug 3, 2009 9:38pm
Quoting primzvicious
it's happen on 6 week actually
Verily, in every difficulties there is relief
  • #154,678
  • Aug 3, 2009 10:15pm Aug 3, 2009 10:15pm
Quoting 5abi
Short GU AT 6975. Stop at 7075.
Nice try bro.. good luck~!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #154,679
  • Aug 3, 2009 10:20pm Aug 3, 2009 10:20pm
this is my order today
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  • #154,680
  • Aug 3, 2009 10:34pm Aug 3, 2009 10:34pm
my guts says to short, but the charts seems like long. in my short stint as a trader, have never seen this pair this quiet. move on dude. need to make a living here.
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