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Cable Update (GBPUSD)

  • #163,981
  • Sep 8, 2009 12:47am Sep 8, 2009 12:47am
lol
Thank You
  • #163,982
  • Sep 8, 2009 12:48am Sep 8, 2009 12:48am
any trades currently wormboy? me long at 1.6365 TP 1.6455
  • #163,983
  • Sep 8, 2009 12:49am Sep 8, 2009 12:49am
Resistance for today is 1.6370 and 1.6445. Price likely to go up to around 1.64 after that, it might potentially down to around 1.63.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #163,984
  • Sep 8, 2009 12:50am Sep 8, 2009 12:50am
anyone see a short soon
  • #163,985
  • Sep 8, 2009 12:52am Sep 8, 2009 12:52am
the price is going to go down when it reaches 1.6450 region..
  • #163,986
  • Sep 8, 2009 12:52am Sep 8, 2009 12:52am
Quoting wormboy
lol
short or long man?
  • #163,987
  • Sep 8, 2009 12:53am Sep 8, 2009 12:53am
Quoting navhin
any trades currently wormboy? me long at 1.6365 TP 1.6455
yup. shawtys.

cable:
1. http://www.forexfactory.com/showpost...postcount=2830
2. http://www.forexfactory.com/showpost...postcount=2833

dragon:
1. http://www.forexfactory.com/showpost...postcount=2829
2. http://www.forexfactory.com/showpost...postcount=2832

easy money lol
Thank You
  • #163,988
  • Sep 8, 2009 12:54am Sep 8, 2009 12:54am
Quoting navhin
the price is going to go down when it reaches 1.6450 region..
ermm its far away to wait for a short
  • #163,989
  • Sep 8, 2009 12:56am Sep 8, 2009 12:56am
hoping to get an average of 80+ pips with my current trade..
  • #163,990
  • Sep 8, 2009 12:56am Sep 8, 2009 12:56am
My view is lightly bearish at present. I have indicated the levels of importance to me at present.

1) We have the Friday's close @ 1.6395 and just below that, the weekly open price of 1.6391.
2) The 50% line of this week sitting @ 1.6381

Longs can be taken once these are broken and price advances above the 1.6400 round number to clear last week's high of 1.6411.

To the downside, Thursday's close @ 1.6317, then the monthly open of 1.6287, Friday' low @ 1.6285 and finally the 50% month range @ 1.6276

High probability shorts below these.

I will hold my short if price remains below 1.6395. I'll cut my losses once this level goes.

Good trading to all
Attached Image (click to enlarge)
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  • #163,991
  • Sep 8, 2009 12:58am Sep 8, 2009 12:58am
Quoting navhin
the price is going to go down when it reaches 1.6450 region..
just a retrace to 6345, do you think it is possible
  • #163,992
  • Sep 8, 2009 1:03am Sep 8, 2009 1:03am
Quoting TauTrader
My view is lightly bearish at present. I have indicated the levels of importance to me at present.

1) We have the Friday's close @ 1.6395 and just below that, the weekly open price of 1.6391.
2) The 50% line of this week sitting @ 1.6381

Longs can be taken once these are broken and price advances above the 1.6400 round number to clear last week's high of 1.6411.

To the downside, Thursday's close @ 1.6317, then the monthly open of 1.6287, Friday' low @ 1.6285 and finally the 50% month range @ 1.6276

High probability shorts below...

you're forgetting something.
down periscope
Attached Image (click to enlarge)
Click to Enlarge Name: gud.JPG Size: 58 KB
Thank You
  • #163,993
  • Sep 8, 2009 1:04am Sep 8, 2009 1:04am
guidance here, my computer went down now -40 pip's. does anyone see it going south, any time soon
  • #163,994
  • Sep 8, 2009 1:05am Sep 8, 2009 1:05am
Quoting direct-trade
Cable TP 3 at 16440 hit, +278, holding remaining longs for remaining targets here:

http://www.forexfactory.com/showpost...stcount=161658


GBP/JPY longs held from 15119, loaded further longs at 15177 lower trendline bounce area (shown on chart).

GBP/USD longs held from 16162, loaded further longs at 16338 LTL bounce area. (shown on chart)

USD/JPY holding from 9256, expecting further upside, but waiting to see if better entry price presents itself (shown on chart)

Not too phased about today's PA seeing as no-one...
http://www.forexfactory.com/showpost...stcount=163975

USD/JPY retraced a little as anticipated (into blue area shown on charts in link above). Further longs added now at 6277.
  • #163,995
  • Sep 8, 2009 1:10am Sep 8, 2009 1:10am
Quoting wormboy
you're forgetting something.
down periscope
Without sounding totally stupid - would you care to explain the significance of this formation? What does it tell you?

Thanking you
  • #163,996
  • Sep 8, 2009 1:18am Sep 8, 2009 1:18am
See you tomorrow.
  • #163,997
  • Sep 8, 2009 1:24am Sep 8, 2009 1:24am
Quoting TauTrader
Without sounding totally stupid - would you care to explain the significance of this formation? What does it tell you?

Thanking you
Hi tau how's it going.

Daily closed bearish engulfing off 6380 resistance level.
That's a top reversal at a very significant level.
Thank You
  • #163,998
  • Sep 8, 2009 1:25am Sep 8, 2009 1:25am
Quoting direct-trade
See you tomorrow.
have a good one brother
Thank You
  • #163,999
  • Sep 8, 2009 1:27am Sep 8, 2009 1:27am
are we bearish now ?
  • #164,000
  • Sep 8, 2009 1:28am Sep 8, 2009 1:28am
Quoting wormboy
Hi tau how's it going.

Daily closed bearish engulfing off 6380 resistance level.
That's a top reversal at a very significant level.
I see. Note made. Thank you for taking the time. Appreciated.

Have a good one!

Highest regards
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