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Cable Update (GBPUSD)

  • #161,501
  • Aug 27, 2009 9:46pm Aug 27, 2009 9:46pm
good morning all, let's make some pip's , we got new's at fourthirty. hope it starts to move soon
  • #161,502
  • Aug 27, 2009 10:55pm Aug 27, 2009 10:55pm
where's everyone ?
  • #161,503
  • Aug 27, 2009 11:16pm Aug 27, 2009 11:16pm
Resistance Held Opening Short 1.6282 TP 1.6225 SL 1.6315
It's amazing how lucky you are when you make good decisions.
  • #161,504
  • Aug 27, 2009 11:22pm Aug 27, 2009 11:22pm
Closed long at 1.6290 now going short unable to break 1.63 will resume GU drop. Perhaps big players waiting for better pricing before going long.
  • #161,505
  • Aug 27, 2009 11:33pm Aug 27, 2009 11:33pm
Quoting Pyramus
Closed long at 1.6290 now going short unable to break 1.63 will resume GU drop. Perhaps big players waiting for better pricing before going long.

1.6299 strong resistance level. If you are not for 10 pips beter wait till this level get broken.
  • #161,506
  • Aug 27, 2009 11:38pm Aug 27, 2009 11:38pm
Good MAE Everyone...
Ghost Rider - WWTBMD?
  • #161,507
  • Aug 27, 2009 11:40pm Aug 27, 2009 11:40pm
Shorts should be safe below 1.6315 if it goes above that better rethink the position.
It's amazing how lucky you are when you make good decisions.
  • #161,508
  • Aug 27, 2009 11:41pm Aug 27, 2009 11:41pm
Quoting Jimz
where's everyone ?
sleeping...
waiting for london
  • #161,509
  • Aug 27, 2009 11:43pm Aug 27, 2009 11:43pm
Quoting neutronis
Shorts should be safe below 1.6315 if it goes above that better rethink the position.
Curious, where do you get that number from?
Ghost Rider - WWTBMD?
  • #161,510
  • Aug 27, 2009 11:44pm Aug 27, 2009 11:44pm
is that the moment for Long way to 1,71?? I think it is.
  • #161,511
  • Aug 27, 2009 11:45pm Aug 27, 2009 11:45pm
Quoting neutronis
Resistance Held Opening Short 1.6282 TP 1.6225 SL 1.6315
Closed out at 1.6274 due to huge buildup in opposite direction on the LVL2 will reconsider if it stays below 1.6315
It's amazing how lucky you are when you make good decisions.
  • #161,512
  • Aug 27, 2009 11:57pm Aug 27, 2009 11:57pm
Quoting neutronis
Closed out at 1.6274 due to huge buildup in opposite direction on the LVL2 will reconsider if it stays below 1.6315
Excuse my ignorance - that was a good call, but what is LVL2 (Long Volume...?), and where do you access that info?

And to echo Albchr, where did 1.6315 come from?

Thx
  • #161,513
  • Aug 28, 2009 12:00am Aug 28, 2009 12:00am
hola

it's gonna be a bumpy day methinks. still a lot of wood to chop before I can turn to a gummy bear and bounce lol.

earlier chart :
http://www.forexfactory.com/showpost...stcount=161128

Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: guh4a.JPG Size: 88 KB
Thank You
  • #161,514
  • Aug 28, 2009 12:03am Aug 28, 2009 12:03am
Quoting blueskyopp
Excuse my ignorance - that was a good call, but what is LVL2 (Long Volume...?), and where do you access that info?

And to echo Albchr, where did 1.6315 come from?

Thx
My broker MB Trading offers LVL 2 quotes. Although it isn't interbank still can give you a little warning of things. In the short term that is.
It's amazing how lucky you are when you make good decisions.
  • #161,515
  • Aug 28, 2009 12:06am Aug 28, 2009 12:06am
Quoting blueskyopp
Excuse my ignorance - that was a good call, but what is LVL2 (Long Volume...?), and where do you access that info?

And to echo Albchr, where did 1.6315 come from?

Thx
I don't know , That what I was asking. I don't see 6315 as any relevant number myself. but it is close enough to "other" S/R levels I have I suppose...lol
Ghost Rider - WWTBMD?
  • #161,516
  • Aug 28, 2009 12:08am Aug 28, 2009 12:08am
Quoting wormboy
hola

it's gonna be a bumpy day methinks. still a lot of wood to chop before I can turn to a gummy bear and bounce lol.

earlier chart :
http://www.forexfactory.com/showpost...stcount=161128

Good luck
Wormie.......lol

I agree buddy. Looking forward to a CRAZY day myself.....
Ghost Rider - WWTBMD?
  • #161,517
  • Aug 28, 2009 12:08am Aug 28, 2009 12:08am
Quoting blueskyopp
Excuse my ignorance - that was a good call, but what is LVL2 (Long Volume...?), and where do you access that info?

And to echo Albchr, where did 1.6315 come from?

Thx
Sorry Bluesky didn't really answer your question did I? LVL 2 shows the orders coming at the bid and ask in the open market. If you see a buildup in one direction or the other it can give you an indication of a move in price about to happen.
It's amazing how lucky you are when you make good decisions.
  • #161,518
  • Aug 28, 2009 12:12am Aug 28, 2009 12:12am
Bulls don't take 1.63... andaaa i think go to downstairs)))
  • #161,519
  • Aug 28, 2009 12:12am Aug 28, 2009 12:12am
Quoting albchr
Wormie.......lol

I agree buddy. Looking forward to a CRAZY day myself.....
hey chris how's it going bro
yea, this is definitely not a day for rash decisions methinks. last friday of the month, going into september lol

cool heads needed today
Thank You
  • #161,520
  • Aug 28, 2009 12:14am Aug 28, 2009 12:14am
Quoting albchr
I don't know , That what I was asking. I don't see 6315 as any relevant number myself. but it is close enough to "other" S/R levels I have I suppose...lol
It is the MR2 line. Which it just bounced off of so should be valid.
Attached Image (click to enlarge)
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It's amazing how lucky you are when you make good decisions.
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