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Cable Update (GBPUSD)

  • #195,741
  • Jan 25, 2010 1:17pm Jan 25, 2010 1:17pm
Quoting pqt
They are betting on good data tomorrow. Deja vu all over again
tomorrow gbp just has Prelim GDP q/q & BOE Gov King Speaks
r they enough for betting!! from now?!! rate announce some how yes
but these mmmmm
  • #195,742
  • Jan 25, 2010 1:26pm Jan 25, 2010 1:26pm
I don't think these levels will hold.. I'm shorting here 1.62.43 targeting 1.6178...
will add more shorts if higher.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #195,743
  • Jan 25, 2010 1:29pm Jan 25, 2010 1:29pm
Quoting england33
I don't think these levels will hold.. I'm shorting here 1.62.43 targeting 1.6178...
will add more shorts if higher.

Just curious ... whats your stop loss?

Edit : Too instrusive, whats your threshold range/level?
  • #195,744
  • Jan 25, 2010 1:31pm Jan 25, 2010 1:31pm
Quoting Warwick
Just curious ... whats your stop loss?

Edit : Too instrusive, whats your threshold range/level?
none set.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #195,745
  • Jan 25, 2010 1:42pm Jan 25, 2010 1:42pm
Woosh, a few stops cleared. A few more should be around the 1.6283 level.

Done for the US session... limit sell orders placed at 1.6432 through 1.6578 (Most Shorts should give up at those levels) jmho
  • #195,746
  • Jan 25, 2010 1:50pm Jan 25, 2010 1:50pm
Quoting peyman
tomorrow gbp just has Prelim GDP q/q & BOE Gov King Speaks
r they enough for betting!! from now?!! rate announce some how yes
but these mmmmm
I don't know how long u have been trading cable, but just go back checking the price action the last couple of months for fun. Plenty of examples, especially the 2 last times GDP were released...
  • #195,747
  • Jan 25, 2010 1:55pm Jan 25, 2010 1:55pm
Quoting england33
I don't think these levels will hold.. I'm shorting here 1.62.43 targeting 1.6178...
will add more shorts if higher.

Please are U trading with real Money... Just wanted to know... Perhaps Deme Account.
  • #195,748
  • Jan 25, 2010 2:29pm Jan 25, 2010 2:29pm
bearish dv on m15 m5 tf
  • #195,749
  • Jan 25, 2010 2:50pm Jan 25, 2010 2:50pm
Quoting Reznik
Please are U trading with real Money... Just wanted to know... Perhaps Deme Account.
weather demo or not as we speak it is green pips from when i posted. Perhaps i just have more skill than you.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #195,750
  • Jan 25, 2010 2:55pm Jan 25, 2010 2:55pm
A good day for simple trend following. Love what I see.

http://thetradequest.com/forexfactory/gbp2.png
  • #195,751
  • Jan 25, 2010 2:56pm Jan 25, 2010 2:56pm
Quoting england33
I don't think these levels will hold.. I'm shorting here 1.62.43 targeting 1.6178...
will add more shorts if higher.
Cable wait asian session for downtrend
  • #195,752
  • Jan 25, 2010 2:57pm Jan 25, 2010 2:57pm
Quoting Hazarder
Cable wait asian session for downtrend
I think you might be onto something
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #195,753
  • Jan 25, 2010 3:03pm Jan 25, 2010 3:03pm
Faster goes up then down . This is always when expect profit !!
  • #195,754
  • Jan 25, 2010 3:04pm Jan 25, 2010 3:04pm
we did not break the range a break above the line will willtake the cable north other wise we still have some down time will tell
Attached Image (click to enlarge)
Click to Enlarge Name: h1 cable.gif Size: 23 KB
  • #195,755
  • Jan 25, 2010 3:11pm Jan 25, 2010 3:11pm
Quoting GlobalMacro
Cable traded down to 1.6077 today just above 1.6045 weekly bullish gap and then pulled back up

Around 1.6100 a burgeoning TL from prior Double-Dip comes into play as well

This level also seems to complete 63.63% retracement of the 1.5896-1.6457 move...

I started building long position at around 1.6100


Have A Great Weekend Everyone!

Cable bounced off my entry point and steamrolled into mid 1.62s today confirming my Friday's bullish bias and creating bullish momentum in favor of the position


The long position is up 140 pips @ 1.6240


I Will Continue To Carry My Long Position Set @ 1.6100
Attached Image
Hear the music before the song is over ...
  • #195,756
  • Jan 25, 2010 3:18pm Jan 25, 2010 3:18pm
Tell me Global Macro ,do You think cable goes down 150 pips in Asian session ?
  • #195,757
  • Jan 25, 2010 3:30pm Jan 25, 2010 3:30pm
Quoting GlobalMacro
Cable bounced off my entry point and steamrolled into mid 1.62s today confirming my Friday's bullish bias and creating bullish momentum in favor of the position


The long position is up 140 pips @ 1.6240


I Will Continue To Carry My Long Position Set @ 1.6100
Id watch that long position....
The cable will most likely go down here in the asian session...
Im a zombie.. "Rawr"
  • #195,758
  • Jan 25, 2010 3:32pm Jan 25, 2010 3:32pm
Global what do u see with the sterling with news coming up that bernanke will get a 2nd term. Do u see any big move there or all the big moves in sterling will be out before that since the king will be speaking & some other sterling news is coming out before the u.s. session. What do u think?
  • #195,759
  • Jan 25, 2010 3:38pm Jan 25, 2010 3:38pm
Quoting Hazarder
Tell me Global Macro ,do You think cable goes down 150 pips in Asian session ?

Yeah!! Hell Yeah!! Goodnite to U'all... Happy PIppin...
  • #195,760
  • Jan 25, 2010 4:10pm Jan 25, 2010 4:10pm
Quoting GlobalMacro
Cable bounced off my entry point and steamrolled into mid 1.62s today confirming my Friday's bullish bias and creating bullish momentum in favor of the position


The long position is up 140 pips @ 1.6240


I Will Continue To Carry My Long Position Set @ 1.6100

GM how r u ?

i wont to know your TP??

and when cable will come back to fill the gab??
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