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Cable Update (GBPUSD)

  • #159,041
  • Aug 18, 2009 11:16pm Aug 18, 2009 11:16pm
dubaifx, do u hv any recommendations for today's trade?
  • #159,042
  • Aug 18, 2009 11:17pm Aug 18, 2009 11:17pm
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 18, 2009 11:17pm Aug 18, 2009 11:17pm
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 18, 2009 11:18pm Aug 18, 2009 11:18pm
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 18, 2009 11:20pm Aug 18, 2009 11:20pm
Hi WB

I am the one without my shirt (at the moment)
  • #159,046
  • Aug 18, 2009 11:20pm Aug 18, 2009 11:20pm
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 18, 2009 11:22pm Aug 18, 2009 11:22pm
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 18, 2009 11:22pm Aug 18, 2009 11:22pm
Here we go!
  • #159,049
  • Aug 18, 2009 11:23pm Aug 18, 2009 11:23pm
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 18, 2009 11:29pm Aug 18, 2009 11:29pm
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 18, 2009 11:31pm Aug 18, 2009 11:31pm
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 18, 2009 11:33pm Aug 18, 2009 11:33pm
I am still bull, and there is a dog savaging big pieces out of my rump
  • #159,053
  • Aug 18, 2009 11:36pm Aug 18, 2009 11:36pm
I am out, how much more evidence did I need I was wrong?
  • #159,054
  • Aug 18, 2009 11:36pm Aug 18, 2009 11:36pm
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 18, 2009 11:40pm Aug 18, 2009 11:40pm
will it bounce off 38.2 fibo?!! and continue wave 3 ??

struggling ~~
Lets Soar The Sky
  • #159,056
  • Aug 18, 2009 11:53pm Aug 18, 2009 11:53pm
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 18, 2009 11:54pm Aug 18, 2009 11:54pm
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 Aug 19, 2009 12:12am Aug 18, 2009 11:57pm | Edited Aug 19, 2009 12:12am
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 12:02am Aug 19, 2009 12:02am
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 12:04am Aug 19, 2009 12:04am
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!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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