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Cable Update (GBPUSD)

  • #159,021
  • Aug 18, 2009 11:42pm Aug 18, 2009 11:42pm
lets wait and seeits broken 1hr trend line, i am still down biased
Lets Soar The Sky
  • #159,022
  • Aug 18, 2009 11:52pm Aug 18, 2009 11:52pm
Quoting Qu|cksilver
Thanks for your reply.
My strategy when the market open above 1.8950 i will set long because the market open above the resistance.

lol, good strategy..... but really good choice, and check out the 1hr tunnel trade set up.
  • #159,023
  • Aug 19, 2009 12:20am Aug 19, 2009 12:20am
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
1.6600 must be broken for any meaningful fly otherwise we drop... The next 40min will tell.
I like the Big Dogs because I trade like them
  • #159,024
  • Aug 19, 2009 12:31am Aug 19, 2009 12:31am
targets anyone?
really want to see that 1.6508 broken
Lets Soar The Sky
  • #159,025
  • Aug 19, 2009 12:32am Aug 19, 2009 12:32am
Quoting zykas
1.6600 must be broken for any meaningful fly otherwise we drop... The next 40min will tell.
I agree Zykas, we are at the top of a historic daily channel, early europe will be opening soon, and wait and see at this time of day.

I have shorted my demo account and expect to stop it out arround the 10 - 15 range I am trying to get myself in the zone, I have slept all day its 17 30 hrs local time here and I feel crap, and have stopped out my demo short, I type to slow.....
  • #159,026
  • Aug 19, 2009 12:39am Aug 19, 2009 12:39am
it will tell us lot at the 500 line will it bounce off? will it go through?
  • #159,027
  • Aug 19, 2009 12:46am Aug 19, 2009 12:46am
Quoting GlobalMacro
I've established short position around 1.6459 on the retest of the lower side of the previous, now abandoned congestion zone...
Morning All,

I continue to carry my short position from Tuesday and have sold more around 1.6550 O/N due to lack of strong follow-through; This brings my AvgPrc up to 1.6519 .
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Hear the music before the song is over ...
  • #159,028
  • Aug 19, 2009 12:49am Aug 19, 2009 12:49am
come on
time to slide

i havnt got all day~~
Lets Soar The Sky
  • #159,029
  • Aug 19, 2009 12:49am Aug 19, 2009 12:49am
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
[quote=qp2;2966533]I agree Zykas, we are at the top of a historic daily channel, early europe will be opening soon, and wait and see at this time of day.

Iquote]

your right...seem the clouds are gathering fast.
I like the Big Dogs because I trade like them
  • #159,030
  • Aug 19, 2009 12:53am Aug 19, 2009 12:53am
london bridge is falling down....falling down...what do you think Mr.Paki
  • #159,031
  • Aug 19, 2009 12:53am Aug 19, 2009 12:53am
I have gone long with a tight stop, no valid technical reason other than a reversal often occurs at the top of the hour and at a significant number, ie the 00 and the market will either continue and I will reverse or it will reverse and I will rejoyce...
  • #159,032
  • Aug 19, 2009 12:56am Aug 19, 2009 12:56am
1.6490 was the significant level yesterday and it' touched that just now. If it breaks that it will be a nice move down.
  • #159,033
  • Aug 19, 2009 12:57am Aug 19, 2009 12:57am
I like the Big Dogs because I trade like them

In ten minutes I will either be a dog, or dogs breakfast, woof??? the top of the hour is important....
  • #159,034
  • Aug 19, 2009 12:59am Aug 19, 2009 12:59am
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
Quoting qp2
I have gone long with a tight stop, no valid technical reason other than a reversal often occurs at the top of the hour and at a significant number, ie the 00 and the market will either continue and I will reverse or it will reverse and I will rejoyce...
Thats the spirit...whereever the pendulum swings follow it.
I like the Big Dogs because I trade like them
  • #159,035
  • Aug 19, 2009 1:02am Aug 19, 2009 1:02am
Quoting zykas
Thats the spirit...whereever the pendulum swings follow it.
woof I am in profit (just) this is subject to sudden change....
  • #159,036
  • Aug 19, 2009 1:03am Aug 19, 2009 1:03am
WOOF
  • #159,037
  • Aug 19, 2009 1:06am Aug 19, 2009 1:06am
Quoting qp2
woof I am in profit (just) this is subject to sudden change....
lol..that sound wakes me up....
Hear the music before the song is over ...
  • #159,038
  • Aug 19, 2009 1:11am Aug 19, 2009 1:11am
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
Quoting qp2
WOOF

I like the Big Dogs because I trade like them
  • #159,039
  • Aug 19, 2009 1:13am Aug 19, 2009 1:13am
Quoting pakitrader
I believe Cable has already given its low for the day 6510.
Dont see in hurry to predict the market Bro..

It may come ot 6350 its possible todays target..
i am short from 65 and still holding my shorts
its GBP its votalitile
last hour spike confirmed my bearish view..
as i posted in auslanco gbp news trade thread..
Don't compare your Trades with Others
  • #159,040
  • Aug 19, 2009 1:14am Aug 19, 2009 1:14am
Quoting GlobalMacro
lol..that sound wakes me up....

Thank You
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