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Cable Update (GBPUSD)

  • #179,081
  • Oct 27, 2009 7:59am Oct 27, 2009 7:59am
Quoting Magix
Closed long 1.6492....Will wait for confirmation for additional on 5m

CHA CHING!!!
bs?
  • #179,082
  • Oct 27, 2009 7:59am Oct 27, 2009 7:59am
I'm taking long from 1.6310 and waiting to close at 1.6450..
hope cable we hit it..
Never look for past.. always beyond the boundary
  • #179,083
  • Oct 27, 2009 8:01am Oct 27, 2009 8:01am
Quoting Yngwie
hate to say this.. u 80% right.. damn..
..patient..6550 should reach there first..

anyway let we wait for more better view n confirmation
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  • #179,084
  • Oct 27, 2009 8:01am Oct 27, 2009 8:01am
Quoting grashid
bs?
er uh, 1.6392....my bad, fat finger....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #179,085
  • Oct 27, 2009 8:03am Oct 27, 2009 8:03am
38.2% Fib level and 1.6415 level has acted as good resistance. 4hrly trend channel resistance also holding. A breakout from the bottom of this 4hrly channel could see us testing existing support as resistance and then head lower to the mid to low regions of the overall daily range 1.6103 area.

As wormboy quite rightly has said the Eur/GBP is at a important support level on the 4hrly and daily chart. It would be worth keeping an eye on this aswell as the US data releases this afternoon.
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  • #179,086
  • Oct 27, 2009 8:03am Oct 27, 2009 8:03am
Quoting grashid
..patient..6550 should reach there first..

anyway let we wait for more better view n confirmation

Should i set the tp at 1.6550? or am i to greed.
Never look for past.. always beyond the boundary
  • #179,087
  • Oct 27, 2009 8:04am Oct 27, 2009 8:04am
Quoting Magix
er uh, 1.6392....my bad, fat finger....
........
  • #179,088
  • Oct 27, 2009 8:05am Oct 27, 2009 8:05am
Add 2 long, 1.6390...24ma on 1m seems to have held...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #179,089
  • Oct 27, 2009 8:06am Oct 27, 2009 8:06am
Quoting grashid
bs?
hi mate. thanks btw for the vouch.. really appreciated it man.

Still holding my short..looks good in my trend lines if you people see my previous chart. 4H still inside the channel. My first short closed @BE. and this is the last for today.. GL people.. for longers and shorters..
  • #179,090
  • Oct 27, 2009 8:07am Oct 27, 2009 8:07am
Quoting hardaez
Should i set the tp at 1.6550? or am i to greed.
not encourage..am 50-50 and no trade atm..1-5 sen should be fine wth SL=6300 to monitor the weight
  • #179,091
  • Oct 27, 2009 8:08am Oct 27, 2009 8:08am
Grashid,

Can you please enable PMs from other members? I tried to contact you regarding your method but I couldn't. Thanks
  • #179,092
  • Oct 27, 2009 8:08am Oct 27, 2009 8:08am
Quoting mloistianto
hi mate. thanks btw for the vouch.. really appreciated it man.

Still holding my short..looks good in my trend lines if you people see my previous chart. 4H still inside the channel. My first short closed @BE. and this is the last for today.. GL people.. for longers and shorters..
thats nothing..ur pips=$$ is more important...anyway keep it up especially ur TL drawing.....

catch u guys later..need to meet somebody....
  • #179,093
  • Oct 27, 2009 8:10am Oct 27, 2009 8:10am
Quoting Magix
Add 2 long, 1.6390...24ma on 1m seems to have held...
Closed even...

Will wait until to see if we break through 200ma on 1m for confirmation on longside.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #179,094
  • Oct 27, 2009 8:17am Oct 27, 2009 8:17am
Quoting grashid
thats nothing..ur pips=$$ is more important...anyway keep it up especially ur TL drawing.....

catch u guys later..need to meet somebody....
LOL. thanks again still. My pips is my Ego its not $$.. Its just more than money.. Good luck to u. Well, no sign of upmove til now..
  • #179,095
  • Oct 27, 2009 8:22am Oct 27, 2009 8:22am
Once we hit 6240 it will drop to 1.6135 area pretty quick.

Jim
  • #179,096
  • Oct 27, 2009 8:23am Oct 27, 2009 8:23am
Single long @ 1.6376...might be one more run for the money.

Trigger finger on EXIT.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #179,097
  • Oct 27, 2009 8:30am Oct 27, 2009 8:30am
Quote
Single long @ 1.6376...might be one more run for the money.

based on?

i think we might topped out here, sterling yen double top as well, all index down.
best of luck to you
  • #179,098
  • Oct 27, 2009 8:32am Oct 27, 2009 8:32am
Quoting knoxxxalot
based on?

i think we might topped out here, sterling yen double top as well, all index down.
best of luck to you
Based on the clock.

Exited +8 long...gunna sit back for a while n watch now.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #179,099
  • Oct 27, 2009 8:32am Oct 27, 2009 8:32am
Quoting Nene
Once we hit 6240 it will drop to 1.6135 area pretty quick.

Jim
Yeah but i prefer 1.6300 area.. below that area. its a good sign for bear.. go go bear.. I'm a gummy bear.
  • #179,100
  • Oct 27, 2009 8:35am Oct 27, 2009 8:35am
if 1.6357 become a good support, we may see 1.65000
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