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Cable Update (GBPUSD)

  • #156,941
  • Aug 11, 2009 9:39am Aug 11, 2009 9:39am
Quoting GlobalMacro
Morning All,

The momentum of the bear move of the last several days seems to be subsiding. Overall bullish tendencies still exist; as such I started to slowly build up my long position around 1.6450 level and will add as long as major supports remain intact.
alright still long...reloaded major on 1.6450...now cruis'N...
Attached Image
Hear the music before the song is over ...
  • #156,942
  • Aug 11, 2009 9:39am Aug 11, 2009 9:39am
Quoting Bull_Bear
I see why you guys like it now....Dame 500pips movement
lol yea, watch it pull cable down if uj hit the 95 support & bounce
Thank You
  • #156,943
  • Aug 11, 2009 9:41am Aug 11, 2009 9:41am
Quoting grashid
Thank You
  • #156,944
  • Edited 9:53am Aug 11, 2009 9:41am | Edited 9:53am
Quoting ams
Waiting for a breakout as they did before the BOE QE announcement.

You reckon bullish reversal for GBP?
The rate announcement itself has to be a non event - the comments and revelations of easing etc will cause a few feathers to come loose

Anything could happen and that's why most people stay out until it has all settled down and it starts plodding in one direction or the other

If its gets whippy, I might try and scalp some, but I will not be taking any positions over the announcement periood
  • #156,945
  • Aug 11, 2009 9:42am Aug 11, 2009 9:42am
I see buyers. Im in at 16480, mulitple targets right up to 170.
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  • #156,946
  • Aug 11, 2009 9:42am Aug 11, 2009 9:42am
Quoting gammase1
It's "everyone" and not "every1". What is going on here, skerdi-meta? We must maintain the excellent standards that, in recent months, we have become accustom to on this thread. If we let standards slip, then this thread could become polluted with....

Just kidding. I, like everyone else, understood what you meant.
Lol, yeah man, I try hard not 2 shorten the words like I short g/u.
  • #156,947
  • Aug 11, 2009 9:44am Aug 11, 2009 9:44am
Quoting wormboy
lol yea, watch it pull cable down if uj hit the 95 support & bounce
Not yet bro.... GY looks tired GU pulling now.....

I'm outta here seeya @ 1.6600, if not I buy you beer

Later ALL
cya
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #156,948
  • Aug 11, 2009 9:49am Aug 11, 2009 9:49am
Quoting Bull_Bear
Not yet bro.... GY looks tired GU pulling now.....

I'm outta here seeya @ 1.6600, if not I buy you beer

Later ALL
cya
see ya bro, have a good one
Thank You
  • #156,949
  • Aug 11, 2009 9:51am Aug 11, 2009 9:51am
Quoting wormboy
  • #156,950
  • Aug 11, 2009 9:53am Aug 11, 2009 9:53am
Quoting Bull_Bear
Not yet bro.... GY looks tired GU pulling now.....

I'm outta here seeya @ 1.6600, if not I buy you beer

Later ALL
cya

bro...HIGH 5....
Hear the music before the song is over ...
  • #156,951
  • Aug 11, 2009 9:55am Aug 11, 2009 9:55am
grammer bully? I didn't say to capitalize your first letter.

I was just mearly saying to move your decimal point cos others will get confused.

Quoting skerdi-meta
yeah, but u did get that didnt u?

You sound a bit like a grammar bully. You know those supply english-grammar teachers, who always trying to explain how every1 appart from them are stupid. A teacher I used to have saw a sign outside a cd shop writing cd's and she described the act as satanic, you know, she went just mental.
PM Me If You Need Help!
  • #156,952
  • Aug 11, 2009 9:57am Aug 11, 2009 9:57am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
You bullish DT??




Quoting direct-trade
I see buyers. Im in at 16480, mulitple targets right up to 170.
  • #156,953
  • Aug 11, 2009 9:58am Aug 11, 2009 9:58am
Quoting BobHall
grammer bully? I didn't say to capitalize your first letter.

I was just mearly saying to move your decimal point cos others will get confused.
yeah yeah, I was just joking dude.
  • #156,954
  • Aug 11, 2009 10:05am Aug 11, 2009 10:05am
I see pound bearish
  • #156,955
  • Aug 11, 2009 10:08am Aug 11, 2009 10:08am
my maria going to stop me for sleeping..See ya..Good luck all
  • #156,956
  • Aug 11, 2009 10:10am Aug 11, 2009 10:10am
who is maria grashid
  • #156,957
  • Aug 11, 2009 10:13am Aug 11, 2009 10:13am
Quoting pakitrader
who is maria grashid
his two timing girlfriend. she's been sleeping with me from 162.57
Thank You
  • #156,958
  • Aug 11, 2009 10:18am Aug 11, 2009 10:18am
Quoting wormboy
his two timing girlfriend. she's been sleeping with me from 162.57

Ouuuch!!!
Hear the music before the song is over ...
  • #156,959
  • Aug 11, 2009 10:21am Aug 11, 2009 10:21am
I am suspicious of the G/U atm.
Gold down, crude down, equties down (S&P & DOW) yet so far little responce from this pair, indeed some buyers are active.
Make sure losses are small and profits are bigger!
  • #156,960
  • Aug 11, 2009 10:26am Aug 11, 2009 10:26am
Quoting ams
You bullish DT??
I see something here...somebody "big" is buying, but just controlling price by keeping it under 16500 so as not to let the horse bolt so to speak.

Now they could keep accumulating like this for a while, or let it drop below today's low to pick up a few bargins...and run a few stops whilst at it. I doubt the stop hunt though, too much at risk if they can't control the fall.

I saw it on the tick chart and it was enough for me to enter Long.

Could be a dummy move to trap bulls, not sure until it plays out.

Holding long at 16480, SL below today's low (and a bit extra).

Targets are spaced right up to 170 area just in case.
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