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Cable Update (GBPUSD)

  • #160,421
  • Aug 25, 2009 3:45am Aug 25, 2009 3:45am
Quoting traderfx
now navin don't embarass me, you know im long and i know your short,
if your looking at this i can understand...but im not in this....i will wait for the dailly close incase the mofo spikes down..a pin here would be good thou
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  • #160,422
  • Aug 25, 2009 3:54am Aug 25, 2009 3:54am
Quoting Bull_Bear
Morning guys,

I'm taking her north @ 1.6505... SL.... 1.6380... TP 1.6650

http://www.forexfactory.com/showpost...stcount=160070

See you guys at the London Session.

Quoting Bull_Bear
Morning Guys,

Position added to Longs when price revisited 1.6400.

Cable must close above 1.6420 for a glimmer of hope that 1.6400 will hold.

See you guys in the London Session.
Beer money looking shaky this week with this kind of a start..... -145pips

Wormie & GM nice work leading the shorties boys

I'm gonna have another stab at the long side boys...

Long @ 1.6351... SL 1.6240.... 1st TP 1.6480 2nd TP 1.6650
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,423
  • Aug 25, 2009 4:02am Aug 25, 2009 4:02am
Quoting Bull_Bear
Beer money looking shaky this week with this kind of a start..... -145pips

Wormie & GM nice work leading the shorties boys

I'm gonna have another stab at the long side boys...

Long @ 1.6351... SL 1.6240.... 1st TP 1.6480 2nd TP 1.6650

Thanks buddy...still a long way to friday...I'm sure you'll get them all back and then some...
Hear the music before the song is over ...
  • #160,424
  • Aug 25, 2009 4:05am Aug 25, 2009 4:05am
I can understand those people buying at the daily ascending support trend line referred to and pictured in posts above this (that is co-existant with the channeltop on the same t/f) The current lows are also at a previous 1hr swing low=prev supp=potential support zone. G/L with those.

Trend remains down to the 1hr chart with macd signal lines crossed below their ma lines and zero axis 1hr-daily.

Bit of a H&S going on on the Daily t/f??

http://i28.tinypic.com/xdxk4w.gif
ex member
  • #160,425
  • Aug 25, 2009 4:09am Aug 25, 2009 4:09am
Quoting GlobalMacro
Thanks buddy...still a long way to friday...I'm sure you'll get them all back and then some...
Come Friday, if you see me trade in relax mode than am in green with my trades, if not trading relax mode than didn't make enough BEER money
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,426
  • Aug 25, 2009 4:09am Aug 25, 2009 4:09am
Quoting Bull_Bear
Beer money looking shaky this week with this kind of a start..... -145pips

Wormie & GM nice work leading the shorties boys

I'm gonna have another stab at the long side boys...

Long @ 1.6351... SL 1.6240.... 1st TP 1.6480 2nd TP 1.6650
im with u on this one bro..its possible
Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 16 KB
  • #160,427
  • Aug 25, 2009 4:16am Aug 25, 2009 4:16am
Quoting nAVIN2007
im with u on this one bro..its possible
Hopefully it will hold this time.....

This is what I can up with on the weekend NAV..... Shows I'm good at one thing... Drawing

http://www.forexfactory.com/showpost...stcount=160061
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,428
  • Aug 25, 2009 4:28am Aug 25, 2009 4:28am
Long @ 6380 SL 6330 (At the break of the range between 6373-6338)
  • #160,429
  • Aug 25, 2009 4:29am Aug 25, 2009 4:29am
big ben will get another term, wall strett love this news, expect to see wall street jumping today, when this pair moves it gonna be quick and easy, some will and some will be
  • #160,430
  • Aug 25, 2009 4:50am Aug 25, 2009 4:50am
Quoting Bull_Bear
Hopefully it will hold this time.....

This is what I can up with on the weekend NAV..... Shows I'm good at one thing... Drawing

http://www.forexfactory.com/showpost...stcount=160061

this has to move quick now for longs to change things..
  • #160,431
  • Aug 25, 2009 4:54am Aug 25, 2009 4:54am
Quoting Bull_Bear
Hopefully it will hold this time.....

This is what I can up with on the weekend NAV..... Shows I'm good at one thing... Drawing

http://www.forexfactory.com/showpost...stcount=160061

Can cable go to 1.6470 by today?what bout US news later, will it effect GBP?
  • #160,432
  • Aug 25, 2009 4:54am Aug 25, 2009 4:54am
Quoting nAVIN2007
this has to move quick now for longs to change things..
Not too worry, SL adjusted to 1.6310 now..... cos of the risk of trend break. Once 1.6400 break I'll be more comfortable
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,433
  • Aug 25, 2009 5:02am Aug 25, 2009 5:02am
Quoting Gainmoney
Can cable go to 1.6470 by today?what bout US news later, will it effect GBP?
I know you only want to gainmoney by asking me that question.... sorry just a dig

If I control the market I'll answer with definite yes. so my friend if you have a plan stick to it.....
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,434
  • Aug 25, 2009 5:02am Aug 25, 2009 5:02am
Quoting Bull_Bear
Not too worry, SL adjusted to 1.6310 now..... cos of the risk of trend break. Once 1.6400 I'll be more comfortable
i got out..+8 pips
the last 15 minutes and shooting star thing on 30 minutes suggest a going back down

will buy lower i think...its all pointing up now i think
  • #160,435
  • Aug 25, 2009 5:03am Aug 25, 2009 5:03am
Hi guys,

Yesterday i took two trade 100 pips plus EUR/JPY at price 135.50 my TP was 134.50 and 100 pips at GBP/JPY 100 pips at price 155.65 TP 154.65 and GBP USD i not trade becouse wasnt define and clear.

Now i wait all three pairs for long in next hours....




Cheers
"Buy on fear, sell on greed !!!
  • #160,436
  • Aug 25, 2009 5:07am Aug 25, 2009 5:07am
Quoting nAVIN2007
i got out..+8 pips
the last 15 minutes and shooting star thing on 30 minutes suggest a going back down
Nav, bro..... stay with your plan, its still intact. Temp pull back at 1.6400 resistance, which is expected. I moved my SL up instead of closing position.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,437
  • Aug 25, 2009 5:07am Aug 25, 2009 5:07am
Cable finding some resistance at it's current recover highs - the underside of previous 1hr ascending potential support trend line and the 23.6% fib of the drop from 6622-current intraday low @ 6338 area.

http://i31.tinypic.com/2agrmyu.gif
ex member
  • #160,438
  • Aug 25, 2009 5:10am Aug 25, 2009 5:10am
Quoting GlobalMacro
OK..sorry bulls but you were warned to get your act together...
I shorted again at 1.6500....
Cable's now trading @ 1.6491
Alright...I'm covering my entire short position from 1.6500 here @ 1.6388 and taking profits for 112 pips.

My position is FLAT now.
Attached Image
Hear the music before the song is over ...
  • #160,439
  • Aug 25, 2009 5:11am Aug 25, 2009 5:11am
Quoting Petar_Serbia
Hi guys,

Yesterday i took two trade 100 pips plus EUR/JPY at price 135.50 my TP was 134.50 and 100 pips at GBP/JPY 100 pips at price 155.65 TP 154.65 and GBP USD i not trade becouse wasnt define and clear.

Now i wait all three pairs for long in next hours....




Cheers
Did you make a real time call? If not I'm not interested in your claims. You have to stop doing this now, as on friady i had tolerance with alcohol in my system.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #160,440
  • Aug 25, 2009 5:12am Aug 25, 2009 5:12am
Current Daily pip range is 87, plenty of upside/downside scope to the current average daily pip range of this instrument=180 (weighted moving average over 20days,) the 100 dayatr being 184.

G/L
ex member
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