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Cable Update (GBPUSD)

  • #184,681
  • Nov 25, 2009 4:03pm Nov 25, 2009 4:03pm
1.6800 i guess is the most likely level for the GBP to settle. I may be wrong. But its my guess last week before the fall for 2 rigorous days on the 6800 level.
  • #184,682
  • Nov 25, 2009 4:13pm Nov 25, 2009 4:13pm
Got on a long near the 6700, expect it'll continue higher into asia SLOWLY!!

Risking a USDCAD Long to, double bottom TIGHT SL!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #184,683
  • Nov 25, 2009 4:25pm Nov 25, 2009 4:25pm
Quoting Turveyd
Got on a long near the 6700, expect it'll continue higher into asia SLOWLY!!

Risking a USDCAD Long to, double bottom TIGHT SL!!

u should have sold that mofo...its a bottomless pit
  • #184,684
  • Nov 25, 2009 4:57pm Nov 25, 2009 4:57pm
Quoting nAVIN2007
u should have sold that mofo...its a bottomless pit

Errrrmmm but the trend is UP!!!

USDCAD Maybe, it's got buyers at the 1.0450 level though so could get a bounce.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #184,685
  • Nov 25, 2009 5:06pm Nov 25, 2009 5:06pm
LOL

Check out Swissy! Below 1.0000

Cable is being indecisive as of yet! Unfortunately off tight correlation with fiber... A pop up would be nice.
Quoting nAVIN2007
u should have sold that mofo...its a bottomless pit
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #184,686
  • Nov 25, 2009 6:03pm Nov 25, 2009 6:03pm
Quoting Dest_unknown
thoughts

You were spot on about your target for Gbp/Usd Long.
Never Trade without a defined risk, never, never, never.
  • #184,687
  • Nov 25, 2009 6:06pm Nov 25, 2009 6:06pm
I believe you were targeting the top trendline on 4hr
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Never Trade without a defined risk, never, never, never.
  • #184,688
  • Nov 25, 2009 6:20pm Nov 25, 2009 6:20pm
your right on thats exactly what I had in mind...... Short now with stop @ 1.6731 but still trying to gauge my target.... not sure if it should be 6630 (the 15MA on 4H) or just go for the lower trend line.....
  • #184,689
  • Nov 25, 2009 6:32pm Nov 25, 2009 6:32pm
Quoting Dest_unknown
your right on thats exactly what I had in mind...... Short now with stop @ 1.6731 but still trying to gauge my target.... not sure if it should be 6630 (the 15MA on 4H) or just go for the lower trend line.....

Yeah Shorts are good odds here, EU's turned down, glad I bailed for a few pips ages back

Wishing I'd of held USDCAD for longer though but hey!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #184,690
  • Nov 25, 2009 7:34pm Nov 25, 2009 7:34pm
Bank Holiday in the US and no news for the next 4-8 hours for the GBP. The trend is uptrend and bullish. so shorts will be temporary scalps.

My bias is it should still go on up till above 1.6800 for a test of 1.6900-1.7000
  • #184,691
  • Nov 25, 2009 7:51pm Nov 25, 2009 7:51pm
Quoting Dest_unknown
your right on thats exactly what I had in mind...... Short now with stop @ 1.6731 but still trying to gauge my target.... not sure if it should be 6630 (the 15MA on 4H) or just go for the lower trend line.....
It is still early, but so far it looks bullish, Price Action has to prove it to me to look for shorts. I'll wait for either an upward breakout or signs of bears taking over.
Never Trade without a defined risk, never, never, never.
  • #184,692
  • Nov 25, 2009 9:16pm Nov 25, 2009 9:16pm
On the 1H there is an ascending triangle. If it breaks 1.6731 we will see a run up to 1.6835...my thoughts at least. Then I would look for a slight reversal.
  • #184,693
  • Nov 25, 2009 9:30pm Nov 25, 2009 9:30pm
ES drops like a rock the yen pairs follow... the freaking pound ignores it!!??
  • #184,694
  • Nov 25, 2009 9:49pm Nov 25, 2009 9:49pm
Quoting MykeFX
ES drops like a rock the yen pairs follow... the freaking pound ignores it!!??
What is ES?
  • #184,695
  • Nov 25, 2009 9:57pm Nov 25, 2009 9:57pm
Quoting damien100888
What is ES?
The E-mini S&p500 ...
  • #184,696
  • Nov 25, 2009 10:34pm Nov 25, 2009 10:34pm
trade ur charts
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 32 KB
  • #184,697
  • Nov 25, 2009 10:54pm Nov 25, 2009 10:54pm
Quote:
Originally Posted by micho http://cdn.forexfactory.com/images/buttons/viewpost.gif
short GBPJPY at 147.855, first target 144.65, second target 139.05
Stop loss at BE for second order if we reach 1.4465
dont copy

Quote
still in up 115 in both so far

closed one at 1.4440 for +398 stop loss at BE for second one
When life gives you lemons, make lemonade
  • #184,698
  • Nov 25, 2009 11:43pm Nov 25, 2009 11:43pm
:nerd:1.6664 !
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #184,699
  • Nov 25, 2009 11:51pm Nov 25, 2009 11:51pm
OK, entry long 1.6666, I hope break 1.6675/77 to confirm move up !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #184,700
  • Nov 26, 2009 12:12am Nov 26, 2009 12:12am
Quoting manize
OK, entry long 1.6666, I hope break 1.6675/77 to confirm move up !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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