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Cable Update (GBPUSD)

  • #160,161
  • Aug 24, 2009 3:06am Aug 24, 2009 3:06am
Quoting Pyramus
If it holds then my target would be 1.6600 - 1.6650
Don't see it holding. H4 has not finished playing out yet. 6550 is Max even if it holds.

Might however see 6350 before any definite up move

SELL STOP order @ 6405 TP 6355
In all your ways acknowledge Him and He will direct your path.
  • #160,162
  • Aug 24, 2009 3:07am Aug 24, 2009 3:07am
H4 close/open between 1.6466/80. Stand a side to watch the next H1 close/open !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #160,163
  • Aug 24, 2009 3:10am Aug 24, 2009 3:10am
Morning All,

Alright...I'm closing the short position from 1.6564 here @ 1.6455 and booking 109 pips profits .
My position is flat now.
Attached Image
Hear the music before the song is over ...
  • #160,164
  • Aug 24, 2009 3:13am Aug 24, 2009 3:13am
Quoting manize
H4 close/open between 1.6466/80. Stand a side to watch the next H1 close/open !
Still holding my long as I'm looking at an upward channel developing.
  • #160,165
  • Aug 24, 2009 3:20am Aug 24, 2009 3:20am
Quoting Pyramus
Still holding my long as I'm looking at an upward channel developing.
Yup,.... ! But if I were you I'll lock in some green pips ...at least below 1.4660.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #160,166
  • Aug 24, 2009 3:22am Aug 24, 2009 3:22am
Quoting Pyramus
Still holding my long as I'm looking at an upward channel developing.
I see the same... still holding my long. My macd say that there is a probably divergence 30M chart... long @6470
  • #160,167
  • Aug 24, 2009 3:47am Aug 24, 2009 3:47am
seems that market is waiting for EUR news
  • #160,168
  • Aug 24, 2009 3:49am Aug 24, 2009 3:49am
Quoting roreki
seems that market is waiting for EUR news
What time to be isued ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #160,169
  • Aug 24, 2009 3:52am Aug 24, 2009 3:52am
Quoting manize
What time to be isued ?
after 8 min
  • #160,170
  • Aug 24, 2009 4:05am Aug 24, 2009 4:05am
Quoting roreki
after 8 min
the market is waiting for the 4hr candle to complete to give direction
  • #160,171
  • Aug 24, 2009 4:05am Aug 24, 2009 4:05am
i think ppl are gonna use the eur news to get better short positions
  • #160,172
  • Aug 24, 2009 4:14am Aug 24, 2009 4:14am
New H1 close/open at 1.6480 ---> still shown side ways / flat !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #160,173
  • Aug 24, 2009 4:17am Aug 24, 2009 4:17am
Quoting poisonivy0
i think ppl are gonna use the eur news to get better short positions
soooooooooo boring!!!!
  • #160,174
  • Aug 24, 2009 4:21am Aug 24, 2009 4:21am
Quoting mikjurado
soooooooooo boring!!!!
Still holding my patience
  • #160,175
  • Aug 24, 2009 4:21am Aug 24, 2009 4:21am
Hey Fellas..... & Gals,

GM & Wormie I''ve gone to the dark side boys
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,176
  • Aug 24, 2009 4:21am Aug 24, 2009 4:21am
yeah market is so boring , shall wait untill US session
  • #160,177
  • Aug 24, 2009 4:28am Aug 24, 2009 4:28am
Quoting Bull_Bear
Hey Fellas..... & Gals,

GM & Wormie I''ve gone to the dark side boys
if that is long..im there as well so long as this 4hr closes like this
Attached Image (click to enlarge)
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  • #160,178
  • Aug 24, 2009 4:33am Aug 24, 2009 4:33am
Quoting nAVIN2007
if that is long..im there as well so long as this 4hr closes like this
Thats right Nav, I was seeing short last week but I reverted to Long this week as 1.6200 didn't come. My view is still to short it higher @ 1.6650 and higher again @ 1.6740.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,179
  • Aug 24, 2009 4:41am Aug 24, 2009 4:41am
Quoting Bull_Bear
Thats right Nav, I was seeing short last week but I reverted to Long this week as 1.6200 didn't come. My view is still to short it higher @ 1.6650 and higher again @ 1.6740.
Same here just playing based on what I see on the charts and right now that upward channel is pretty solid.
  • #160,180
  • Aug 24, 2009 4:43am Aug 24, 2009 4:43am
Quoting Bull_Bear
Thats right Nav, I was seeing short last week but I reverted to Long this week as 1.6200 didn't come. My view is still to short it higher @ 1.6650 and higher again @ 1.6740.
i will look to short on the monthly close..unless it closes bullish..i agree thou 1.66 area and if higher then i rather go with short..

good analysis buddy..
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