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Cable Update (GBPUSD)

  • #159,041
  • Aug 19, 2009 1:16am Aug 19, 2009 1:16am
dubaifx, do u hv any recommendations for today's trade?
  • #159,042
  • Aug 19, 2009 1:17am Aug 19, 2009 1:17am
there were some posts yesterday telling people what they say & when.
so -----------> http://www.forexfactory.com/showpost...stcount=158882

hah! told ya.

okay good luck friends. be back later
Thank You
  • #159,043
  • Aug 19, 2009 1:17am Aug 19, 2009 1:17am
Quoting lexazver
at the moment im waiting to see how USDCHF plays out, it it dips below .1.0740 and then reverses that would be very very strong signal for dollar rise tomorrow and hence fall in EU and GU
well, USDCHF did dip below 1.0740 to 1.0726 and bounced back up which shows healthy bullish signal for dollar. im also expecting a sizable fall in stock today.
  • #159,044
  • Aug 19, 2009 1:18am Aug 19, 2009 1:18am
Quoting wormboy
I knew my shawty me bro......she was just bored and decided to throw a hissy fit...but it's all good now...

.........HIGH 5........
Hear the music before the song is over ...
  • #159,045
  • Aug 19, 2009 1:20am Aug 19, 2009 1:20am
Hi WB

I am the one without my shirt (at the moment)
  • #159,046
  • Aug 19, 2009 1:20am Aug 19, 2009 1:20am
not sure about 63xx, my target is about 641x

still think it might retest 1.70, lt looks to me more like an asending wave at retrace wave 2
Lets Soar The Sky
  • #159,047
  • Aug 19, 2009 1:22am Aug 19, 2009 1:22am
Quoting navhin
dubaifx, do u hv any recommendations for today's trade?
shorted cable @ 6550 moved s/l to break even .....navhin bro what is your t/p limit....
  • #159,048
  • Aug 19, 2009 1:22am Aug 19, 2009 1:22am
Here we go!
  • #159,049
  • Aug 19, 2009 1:23am Aug 19, 2009 1:23am
coverred shorts from yesterday, shall wait for the news release at 9.30
Make sure losses are small and profits are bigger!
  • #159,050
  • Aug 19, 2009 1:29am Aug 19, 2009 1:29am
in this case the price has touched the EMA 200..in this case is it acting as a support or resistance?
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 21 KB
  • #159,051
  • Aug 19, 2009 1:31am Aug 19, 2009 1:31am
Sell @ 1.6492 SL 1.6536 TP 1.6392 @ 07.13GMT

I am not very confident in this one the daily looks like it could turn bullish very easily.

Good luck to all today.
Attached Image
  • #159,052
  • Aug 19, 2009 1:33am Aug 19, 2009 1:33am
I am still bull, and there is a dog savaging big pieces out of my rump
  • #159,053
  • Aug 19, 2009 1:36am Aug 19, 2009 1:36am
I am out, how much more evidence did I need I was wrong?
  • #159,054
  • Aug 19, 2009 1:36am Aug 19, 2009 1:36am
Quoting MHuzaifa
london bridge is falling down....falling down...what do you think Mr.Paki
I closed my long at 6550 and shorted i saw H and S in 15 min charts


You have even been in london u cant predict its falling sucker
  • #159,055
  • Aug 19, 2009 1:40am Aug 19, 2009 1:40am
will it bounce off 38.2 fibo?!! and continue wave 3 ??

struggling ~~
Lets Soar The Sky
  • #159,056
  • Aug 19, 2009 1:53am Aug 19, 2009 1:53am
something is scarrying the markets perhaps some rumour flying around or what not. yields are down (meaning bond (safety) prices up) commodity currencies like CAD and AUD are plumetting, something is up.
  • #159,057
  • Aug 19, 2009 1:54am Aug 19, 2009 1:54am
Quoting I like steak
I think we may be hitting weekly pivot PP resistance...shorting now for nearest support to the green arrow ...
good morning everybody...it feels a bit rude just to make a post and then run off again...but very busy atm ..

I am closing this short from yesterday mid us session for 67pips green

it is almost at support on the green arrow, we have some more data out this morning, and I am going to the dentist so no time to check every tick.

for some reason my charts do not want to save properly so I include the one where I placed the trade.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 4h 18.08.09...gif Size: 28 KB
  • #159,058
  • Edited 2:12am Aug 19, 2009 1:57am | Edited 2:12am
Quoting I like steak
good morning everybody...it feels a bit rude just to make a post and then run off again...but very busy atm ..

I am closing this short from yesterday mid us session for 67pips green

it is almost at support on the green arrow, we have some more data out this morning, and I am going to the dentist so no time to check every tick.

for some reason my charts do not want to save properly so I include the one where I placed the trade.

good job bro...
Hear the music before the song is over ...
  • #159,059
  • Aug 19, 2009 2:02am Aug 19, 2009 2:02am
Well I mannaged to get my small target of 35 pips! (I never aim for too many more than that in any one trade)

Almost had my daily heart attack too!
  • #159,060
  • Aug 19, 2009 2:04am Aug 19, 2009 2:04am
From previous charts posted, took profit on shorts down to 1.6460, and in a long with a 50 pip s/l for the long....pretty heavy downward momentum, so not so sure about a reversal here.

Night all!
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