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Cable Update (GBPUSD)

  • #161,401
  • Aug 27, 2009 1:16pm Aug 27, 2009 1:16pm
I will leave you this chart before I go, I see accumulation etc. I normally look down to the tick chart for signs and clues, but have tried to show you what I mean on the 1min line chart as it would simply cause too much confusion/too many questions to go into tape reading methods on this thread.

Holding long 16178.

See you LDN.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 26-08-05.gif Size: 24 KB
  • #161,402
  • Aug 27, 2009 1:18pm Aug 27, 2009 1:18pm
Quoting albchr
I'm thinking about a short at the 6230/40 area GM. We have consistently lower highs over the last 22 hours and it fits within the range. Of course, I'll let PA show me the way if it gets there...

I wouldnt short at 16230
  • #161,403
  • Aug 27, 2009 1:19pm Aug 27, 2009 1:19pm
the dollar just collapsed a bit in just 5 minutes...
anyone knows what happened?
  • #161,404
  • Aug 27, 2009 1:22pm Aug 27, 2009 1:22pm
Quoting direct-trade
I will leave you this chart before I go, I see accumulation etc. I normally look down to the tick chart for signs and clues, but have tried to show you what I mean on the 1min line chart as it would simply cause too much confusion/too many questions to go into tape reading methods on this thread.

Holding long 16178.

See you LDN.
im not feeling so confident on the short unless that support area breaks..
  • #161,405
  • Aug 27, 2009 1:23pm Aug 27, 2009 1:23pm
will GBP break 6300 today?
  • #161,406
  • Aug 27, 2009 1:23pm Aug 27, 2009 1:23pm
i entered @1.6270 and will hold overnight
i saw the spike in the last minutes and the volume was very low
i suspect if the push is real.....
  • #161,407
  • Aug 27, 2009 1:25pm Aug 27, 2009 1:25pm
Quoting GlobalMacro
Sorry bears...that was too juicy had to buy around 1.6167...later
Quoting GlobalMacro
looks like a nice juicy dip...if not we'll find out soon enough.
For now holding longs.

Oh yes...This Is What I'm Talking About!

That's what I call a nice juicy cuty short squeeze...
Longs looking real good, will be holding them...
Attached Image
Hear the music before the song is over ...
  • #161,408
  • Aug 27, 2009 1:26pm Aug 27, 2009 1:26pm
I am long already

stop hunting is already started.

I am with the big boys

who is with me ?


Tc all
  • #161,409
  • Aug 27, 2009 1:28pm Aug 27, 2009 1:28pm
Quoting pso
i entered @1.6270 and will hold overnight
i saw the spike in the last minutes and the volume was very low
i suspect if the push is real.....
Level 2 volume looked OK...?
  • #161,410
  • Aug 27, 2009 1:28pm Aug 27, 2009 1:28pm
Well 6440 area is just coming in few hours

i am enjoying the long ride.:d
  • #161,411
  • Aug 27, 2009 1:31pm Aug 27, 2009 1:31pm
Now looking for a test of 6300/30 for short shot.
Ghost Rider - WWTBMD?
  • #161,412
  • Aug 27, 2009 1:31pm Aug 27, 2009 1:31pm
Bears getting there choneys SQUEEZED
It's amazing how lucky you are when you make good decisions.
  • #161,413
  • Aug 27, 2009 1:32pm Aug 27, 2009 1:32pm
i'm long too...at least for next 30 mins...
  • #161,414
  • Aug 27, 2009 1:32pm Aug 27, 2009 1:32pm
Quoting direct-trade
I wouldnt short at 16230
Ya think? lol I said I'd let PA show me the way. All the better for a nicer short up here or higher.

My EJ is 114 right now....
Ghost Rider - WWTBMD?
  • #161,415
  • Aug 27, 2009 1:32pm Aug 27, 2009 1:32pm
Now that's what I'm talking about.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu 26-08-05.gif Size: 24 KB
Click to Enlarge Name: gu 26-08-06.gif Size: 18 KB
  • #161,416
  • Aug 27, 2009 1:33pm Aug 27, 2009 1:33pm
Quoting albchr
I'm thinking about a short at the 6230/40 area GM. We have consistently lower highs over the last 22 hours and it fits within the range. Of course, I'll let PA show me the way if it gets there...
bro, definitely no room for shorts...find a place to go long...
Hear the music before the song is over ...
  • #161,417
  • Aug 27, 2009 1:34pm Aug 27, 2009 1:34pm
anyone knows what's going on here?
EU and GU up about 100 pips in less than 30 minutes?
i got no relevant news...
  • #161,418
  • Aug 27, 2009 1:34pm Aug 27, 2009 1:34pm
Quoting GlobalMacro
bro, definitely no room for shorts...find a place to go long...
GU is suddenly on cracks ..
  • #161,419
  • Aug 27, 2009 1:34pm Aug 27, 2009 1:34pm
Quoting albchr
Ya think? lol I said I'd let PA show me the way. All the better for a nicer short up here or higher.

My EJ is 114 right now....
Suit yourself.
  • #161,420
  • Aug 27, 2009 1:35pm Aug 27, 2009 1:35pm
Quoting mktjong
GU is suddenly on cracks ..
Nope. Dollar is collaspsing across the board. Somethings cooking here....
Ghost Rider - WWTBMD?
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