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Cable Update (GBPUSD)

  • #155,721
  • Aug 6, 2009 6:44am Aug 6, 2009 6:44am
OK, guys...here's a quick glance at what just happened and where we are at right now...
Attached Image
Hear the music before the song is over ...
  • #155,722
  • Aug 6, 2009 6:50am Aug 6, 2009 6:50am
it's time for shopping GU??
  • #155,723
  • Aug 6, 2009 6:50am Aug 6, 2009 6:50am
Typical rising bearish wedge

Quoting GlobalMacro
OK, guys...here's a quick glance at what just happened and where we are at right now...
  • #155,724
  • Aug 6, 2009 6:51am Aug 6, 2009 6:51am
Still holding cable longs 1st position 430 pips
2nd position 80 pips

sell off found support on a fib level.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 104 KB
Just Trade It
  • #155,725
  • Aug 6, 2009 6:54am Aug 6, 2009 6:54am
Quoting Big Wave Rider
Still holding cable longs 1st position 430 pips
2nd position 80 pips

sell off found support on a fib level.

holding on long?? any particular fundamental says its bull? I make move with bear..hoping its true break support
Play it HarD*
  • #155,726
  • Aug 6, 2009 6:55am Aug 6, 2009 6:55am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
What a run, best time to buy once US, asia bears have a go as well. Perhaps 16770...16700ish if it gets there
UK market is thrilled with the news, it's going UP and so will pound, once the dust is settled today
  • #155,727
  • Aug 6, 2009 6:59am Aug 6, 2009 6:59am
Quoting onios32
holding on long?? any particular fundamental says its bull?


The Trend
Just Trade It
  • #155,728
  • Aug 6, 2009 7:01am Aug 6, 2009 7:01am
It was so boring in the morning that I decided to go the gym. I come back and THIS happens. Just my bloomin' luck.
You've got to be IN IT to WIN IT!
  • #155,729
  • Aug 6, 2009 7:03am Aug 6, 2009 7:03am
Quoting Big Wave Rider
The Trend

hmm...lets see that once the unemployment claims for USD released...good luck..
Play it HarD*
  • #155,730
  • Aug 6, 2009 7:03am Aug 6, 2009 7:03am
Here is another way of putting it.

Quoting Big Wave Rider
The Trend
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 50 KB
  • #155,731
  • Aug 6, 2009 7:04am Aug 6, 2009 7:04am
Quoting Bull_Bear
Yeah, Mi-Lady.... but I have:

1. sell order @ 1.6880... SL 1.6950... TP 1.6800 (i believe this will hit first)

2. buy order @ 1.6790 ... SL 1.6740... TP 1.6850
i M WITH U BRO :d I WAS IN SELL RALLY TOO

BUT STILL NEED MORE GREEN PIPS :d

UB
  • #155,732
  • Aug 6, 2009 7:06am Aug 6, 2009 7:06am
Quoting onios32
hmm...lets see that once the unemployment claims for USD released...good luck..

I`m past the luck stage, now its business as usual. CHA CHING.
Just Trade It
  • #155,733
  • Aug 6, 2009 7:06am Aug 6, 2009 7:06am
That is the number I want to see. After that manipulated housing number yesterday, I don't know what to think.


Quoting onios32
hmm...lets see that once the unemployment claims for USD released...good luck..
  • #155,734
  • Aug 6, 2009 7:07am Aug 6, 2009 7:07am
Quoting Fx1618
If this 1hr candle holds,
R1 @ 1.675*
R2 @ 1.670*
R3 @ 1.5.5*

Unfortunately I only took 50 on my Breakout, will have to wait for the top of the hour
Quoting onios32
holding on long?? any particular fundamental says its bull? I make move with bear..hoping its true break support
Quoting Big Wave Rider
The Trend

My trend is broken, I'm Short again
  • #155,735
  • Aug 6, 2009 7:09am Aug 6, 2009 7:09am
Quoting Nene
Here is another way of putting it.

For those of you who are wondering what my strategy is, and Cesar can vouch for this, it is quite simple. Take a trade with the trend, go on vacation, drink copious amounts of cheap red wine, come home and take profit then repeat.
Keep It Simple Stupid
Just Trade It
  • #155,736
  • Aug 6, 2009 7:12am Aug 6, 2009 7:12am
Quoting Yngwie
position [email protected] [email protected] [email protected]
what the heck.. loss -60pips. Out of my control. LoL!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #155,737
  • Aug 6, 2009 7:19am Aug 6, 2009 7:19am
Quoting ubaidahsan
i M WITH U BRO :d I WAS IN SELL RALLY TOO

BUT STILL NEED MORE GREEN PIPS :d

UB
Good to hear UB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,738
  • Aug 6, 2009 7:23am Aug 6, 2009 7:23am
can somebody post 15min GU chart on here?

pretty please
  • #155,739
  • Aug 6, 2009 7:35am Aug 6, 2009 7:35am
Quoting lexazver
can somebody post 15min GU chart on here?

pretty please

GU 15 min



Dr. D.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 15 min chart.gif Size: 20 KB
  • #155,740
  • Aug 6, 2009 7:42am Aug 6, 2009 7:42am
Remember those 2 buy arrows I showed you this morning. They are about to pay off.
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