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Cable Update (GBPUSD)

  • #158,701
  • Aug 18, 2009 8:07am Aug 18, 2009 8:07am
Quoting Bull_Bear
Just resetting my positions Bro... Nothing has changed for me on the short view.
BB, so 1.6480 still waiting to touch right?
thx
  • #158,702
  • Aug 18, 2009 8:08am Aug 18, 2009 8:08am
Quoting taragula
Do you guys think that i exaggerat if I think it will go for psyholocigal level at 1.6000 this or maybe next week.?? And then beyond that level.

BB what do you think?
I think real sellers are sitting up between 1.6490 / 00..... 1.6400 will give support
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,703
  • Aug 18, 2009 8:08am Aug 18, 2009 8:08am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
might bounce back on touching 63800...let the bosses (USA) come :-)

This is just in my opinion for 20th Aug.
  • #158,704
  • Aug 18, 2009 8:15am Aug 18, 2009 8:15am

GBP/USD looks finished for the next few years just like the rest of the USD crosses. I suspect the commodities are about to crash as well, especially gold.

  • #158,705
  • Aug 18, 2009 8:21am Aug 18, 2009 8:21am
Quoting ams
might bounce back on touching 63800...let the bosses (USA) come :-)

This is just in my opinion for 20th Aug.
Same view here as well :

1st Stop : 1.6380
2nd Stop: Reverse to take the shorts out all the way to 475
3rd Stop : 1.6350 and sit there till tommorow...

Lets see if she plays out..

Good Luck
GeppyG

Sorry Global Macro I cannot give you the times this will happen as there is a bug with my software:lol
Let Price determine your future!
  • #158,706
  • Aug 18, 2009 8:24am Aug 18, 2009 8:24am
Quoting okie
BB, so 1.6480 still waiting to touch right?
thx
1.6480 / 90 / 00 take your pick
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,707
  • Aug 18, 2009 8:27am Aug 18, 2009 8:27am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Cool, it's purely based on experience from recent past.

As BB said as well, we might see buyers on top not here.

I personally see it at 65500 for some reason, but I can't right be sure.





Quoting Geppyg
Same view here as well :

1st Stop : 1.6380
2nd Stop: Reverse to take the shorts out all the way to 475
3rd Stop : 1.6350 and sit there till tommorow...

Lets see if she play out..

Good Luck
GeppyG
  • #158,708
  • Aug 18, 2009 8:32am Aug 18, 2009 8:32am
Quoting ams
Cool, it's purely based on experience from recent past.

As BB said as well, we might see buyers on top not here.

I personally see it at 65500 for some reason, but I can't right be sure.
Sellers on top AMS sellers..... possible you will miss the short ride if you taking her to 1.6550.

Good Luck bro
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,709
  • Aug 18, 2009 8:33am Aug 18, 2009 8:33am
I buying
  • #158,710
  • Aug 18, 2009 8:37am Aug 18, 2009 8:37am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
No way BB, I am shorting at 64800
and loading more at 65500 if it gets there

It's getting or might need to get loaded for thursday.
Look how bullish it is atm....it's all prep 2 days in advance.





Quoting Bull_Bear
Sellers on top AMS sellers..... possible you will miss the short ride if you taking her to 1.6550.
  • #158,711
  • Aug 18, 2009 8:39am Aug 18, 2009 8:39am
Exactly as I said in my earlier post. Cable only wants to go up,up and up!
See how far it is from it's lows of the day compared to e/u. Big time manipulation going on here. Apparently something is cooking and they want the market to be as long as possible
{Promotion Removed}
  • #158,712
  • Aug 18, 2009 8:45am Aug 18, 2009 8:45am
Quoting azibi
Exactly as I said in my earlier post. Cable only wants to go up,up and up!
See how far it is from it's lows of the day compared to e/u. Big time manipulation going on here. Apparently something is cooking and they want the market to be as long as possible
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,713
  • Aug 18, 2009 8:46am Aug 18, 2009 8:46am
Quoting pakitrader
I buying

Its always nice to have someone to sell to.....
Trading Levels with WRBs
  • #158,714
  • Aug 18, 2009 8:49am Aug 18, 2009 8:49am
Quoting Bull_Bear
1.6480 / 90 / 00 take your pick
Thanks
  • #158,715
  • Aug 18, 2009 8:49am Aug 18, 2009 8:49am
Quoting ams
No way BB, I am shorting at 64800
and loading more at 65500 if it gets there

It's getting or might need to get loaded for thursday.
Look how bullish it is atm....it's all prep 2 days in advance.
If you're looking to short, I'd do it right now. Don't think you're going to see 80 today at all. This looks like the secondary high of the day here at 6459
There's always money in the banana stand.
  • #158,716
  • Aug 18, 2009 8:52am Aug 18, 2009 8:52am
Quoting Islander
Its always nice to have someone to sell to.....
Comeon leave Mr Paki alone. He's been drilled all session
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,717
  • Aug 18, 2009 8:55am Aug 18, 2009 8:55am
Quoting LizardGizzard
If you're looking to short, I'd do it right now. Don't think you're going to see 80 today at all. This looks like the secondary high of the day here at 6459
Not me, not now....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,718
  • Aug 18, 2009 8:57am Aug 18, 2009 8:57am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Will see mate, it's friggin bullish atm, it's getting loaded. That's the only thing I know. I have my share for today, when I went long @6300 yesterday and closed at 64750.

It might not even tank today or tomorrow. But that's me.




Quoting LizardGizzard
If you're looking to short, I'd do it right now. Don't think you're going to see 80 today at all. This looks like the secondary high of the day here at 6459
  • #158,719
  • Aug 18, 2009 9:00am Aug 18, 2009 9:00am
Quoting Bull_Bear
Not me, not now....
I've had a short PO at 6480 all morning...lol. About to take a nap waiting for it. Missed it by 2 pips 4 hours ago....
Ghost Rider - WWTBMD?
  • #158,720
  • Aug 18, 2009 9:03am Aug 18, 2009 9:03am
Been sitting at .6490 just waiting quietly.
Don't let the same dog bite you twice. -- Chuck Berry
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