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Cable Update (GBPUSD)

  • #184,461
  • Nov 24, 2009 6:55am Nov 24, 2009 6:55am
I place sell limit order @ 1,6599 SL 1,6677

Peter
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Jesus Christ is my only Lord !
  • #184,462
  • Nov 24, 2009 7:03am Nov 24, 2009 7:03am
  • #184,463
  • Nov 24, 2009 7:04am Nov 24, 2009 7:04am
Quoting hipcio
I place sell limit order @ 1,6599 SL 1,6677

Peter
hi peter! anyway i saw ur thread u started which u used to do some experiment. haa. u still using that? what system u normally use.
  • #184,464
  • Nov 24, 2009 7:11am Nov 24, 2009 7:11am
So what's the general consensus for the upcoming news?
  • #184,465
  • Nov 24, 2009 7:12am Nov 24, 2009 7:12am
Quoting TexasforEX
I believe that GDP will set the direction for the rest of the week. Break above 1.6610 and 1.6850 is the target. Failure here at 1.6585 level and here comes 1.6250.

stops on shorts from 1.6615 moved to BE
but i think FOMC Meeting Minutes and BOE Gov King Speaks more important.
  • #184,466
  • Nov 24, 2009 7:13am Nov 24, 2009 7:13am
Quoting DubaiTrader
So what's the general consensus for the upcoming news?

getting a preconceived idea is foolish. I choose to relax, wait for the number and most importantly wait for the markets reaction.

with that said, I do hold shorts from higher levels currently.
"Timing Is Everything. Really I Swear It Is"
  • #184,467
  • Nov 24, 2009 7:15am Nov 24, 2009 7:15am
Quoting TexasforEX
getting a preconceived idea is foolish. I choose to relax, wait for the number and most importantly wait for the markets reaction.

with that said, I do hold shorts from higher levels currently.
I'm not looking to pre-empt the market, merely seeing what other trades have in mind.

Good luck with your shorts.
  • #184,468
  • Nov 24, 2009 7:39am Nov 24, 2009 7:39am
short wave started
  • #184,469
  • Nov 24, 2009 7:43am Nov 24, 2009 7:43am
Quoting FXAdvice
short wave started
couldnt agree more. haha.
  • #184,470
  • Nov 24, 2009 7:48am Nov 24, 2009 7:48am
Entry long again 1.6560 ! 1.6611 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #184,471
  • Nov 24, 2009 7:53am Nov 24, 2009 7:53am
Quoting ja5on
couldnt agree more. haha.
will see brother
  • #184,472
  • Nov 24, 2009 7:54am Nov 24, 2009 7:54am
Hi, long time not posting... SHort.. have some shorts actually... i dont have time to post chart. but i will add a pic later.. according to TL.. this is a valid short. good luck people who adding long.. may God always be with u.. hopefully.
  • #184,473
  • Nov 24, 2009 8:03am Nov 24, 2009 8:03am
Quoting manize
Entry long again 1.6560 ! 1.6611 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #184,474
  • Nov 24, 2009 8:06am Nov 24, 2009 8:06am
Quoting manize
i hope your predict will be success mate,
  • #184,475
  • Nov 24, 2009 8:06am Nov 24, 2009 8:06am
Quoting grashid


If UTL holds, we drop from here.
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  • #184,476
  • Nov 24, 2009 8:08am Nov 24, 2009 8:08am
Quoting FXAdvice
i hope your predict will be success mate,
The failure of 1.6583 might be hit, but no more worry, already lock in + 8 pips !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #184,477
  • Nov 24, 2009 8:09am Nov 24, 2009 8:09am
Quoting Fudomyo


If UTL holds, we drop from here.
yes i guess this will happen
  • #184,478
  • Nov 24, 2009 8:29am Nov 24, 2009 8:29am
Quoting FXAdvice
yes i guess this will happen
We haven't had a close above DPP in 13 hours. Current support now the 23% 1656. Baseline support at MS2 1650 9.78%. A 1H close below LTL then expect a bigger move down, above DPP we head north. In the meantime nice range to trade since the market's undecided.
  • #184,479
  • Nov 24, 2009 8:46am Nov 24, 2009 8:46am
Quoting ja5on
hi peter! anyway i saw ur thread u started which u used to do some experiment. haa. u still using that? what system u normally use.
Dear Ja,

I will write in two hrs, now I finish my work and when back home will answer

Peter
Jesus Christ is my only Lord !
  • #184,480
  • Nov 24, 2009 8:55am Nov 24, 2009 8:55am
Quoting Fudomyo
We haven't had a close above DPP in 13 hours. Current support now the 23% 1656. Baseline support at MS2 1650 9.78%. A 1H close below LTL then expect a bigger move down, above DPP we head north. In the meantime nice range to trade since the market's undecided.
as i said in couple posts before sell wave started
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