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Cable Update (GBPUSD)

  • #198,821
  • Feb 9, 2010 10:51am Feb 9, 2010 10:51am
Quoting fourxtrader
In long at 1.5598 and out now @ 1.5650 for 50 pips.

Dr. D.
Do we know what caused that movement up???
  • #198,822
  • Feb 9, 2010 10:53am Feb 9, 2010 10:53am
Two soldiers --> 1.5587 and 1.5645 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #198,823
  • Feb 9, 2010 10:57am Feb 9, 2010 10:57am
It just saw live on Bloomberg, Germany decided to help Greece. But it's not confirmed yet. Some said it was on Reuters also
  • #198,824
  • Feb 9, 2010 11:00am Feb 9, 2010 11:00am
Quoting manize
Two soldiers --> 1.5587 and 1.5645 !
Close all 1.5680 at fibo fan res support 61.8 % - 2.1143 - 1.3500 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #198,825
  • Feb 9, 2010 11:14am Feb 9, 2010 11:14am
Cable shot upto 1.5710. Now what.....
how far will it go. I need to short here but i am scared if it will go upto 1.5800

Edit : ok i found out that it is setting up for a short at 1.5730/40
GL and go short
Attached Image
  • #198,826
  • Feb 9, 2010 11:21am Feb 9, 2010 11:21am
greece

US Markets: Risk-assets surge in the wake of headlines suggesting some

kind of assistance to be offered to Greece though details remain far

from substantive. Gold oil and US stocks all surge higher around

mid-session. Dow up 200 points or so oil up $1.75 and gold up about $8

from early levels.
  • #198,827
  • Feb 9, 2010 11:29am Feb 9, 2010 11:29am
short from 15732 gu eu from 13831 the heck with it
  • #198,828
  • Feb 9, 2010 11:30am Feb 9, 2010 11:30am
DX has reached a key support level, we may see cable come down a bit now if that level holds.
  • #198,829
  • Edited 11:50am Feb 9, 2010 11:34am | Edited 11:50am
Quoting Touchdown
DX has reached a key support level, we may see cable come down a bit now if that level holds.
Here is what I have for the DX.
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.gif Size: 30 KB
I trade what I see on my charts. Do Not listen to the Muppets.
  • #198,830
  • Feb 9, 2010 11:41am Feb 9, 2010 11:41am
Quoting Vanhook2
Here is what I have for the DX.
Nice chart.

Its putting a lot of pressure on 79.700 but so far she is holding. If it does we could see a nice pop in gold also but I dont think we will break it, not now anyway. She wont give way that easily, we've had a huge move down already.
  • #198,831
  • Feb 9, 2010 11:44am Feb 9, 2010 11:44am
love it what ever gos up comes down
  • #198,832
  • Feb 9, 2010 11:48am Feb 9, 2010 11:48am
the darn greece

GERMANY/GREECE: Wire Rtr now cites a German gov`t spokesman as saying

reports on Greek aid package are unfounded. Euro retreats to $1.3775 on

the news.
  • #198,833
  • Feb 9, 2010 11:49am Feb 9, 2010 11:49am
Quoting wormboy
I'm positioned long from 5591 with stop placed @5520.
First target 5750 & 2nd target 5900 before any drop. Unless of course the ....
Good luck

That's the first.
Thank You
  • #198,834
  • Feb 9, 2010 11:51am Feb 9, 2010 11:51am
Quoting kill56
love it what ever gos up comes down
You lucky you got it at 32, i was a little late and got it at 22
Good luck and Keep the pips coming
  • #198,835
  • Feb 9, 2010 11:54am Feb 9, 2010 11:54am
Trend is down on daily so take care Just thought to say it.
GL ALL
  • #198,836
  • Feb 9, 2010 11:55am Feb 9, 2010 11:55am
Quoting Honored
You lucky you got it at 32, i was a little late and got it at 22
Good luck and Keep the pips coming
thanks bro all the luck greeny pips all the time bro
  • #198,837
  • Feb 9, 2010 11:56am Feb 9, 2010 11:56am
Quoting wormboy
That's the first.

10000000 mabrook bro
  • #198,838
  • Feb 9, 2010 11:57am Feb 9, 2010 11:57am
Quoting egkid
Trend is down on daily so take care Just thought to say it.
GL ALL

keefak ya bro
  • #198,839
  • Feb 9, 2010 12:03pm Feb 9, 2010 12:03pm
Quoting wormboy
That's the first.
Nice trade bro. I closed my longs at 1.5738. That DX support level scared me

Will enter another long again at 1.5655
  • #198,840
  • Feb 9, 2010 12:08pm Feb 9, 2010 12:08pm
Quoting kill56
keefak ya bro
ALL fine bro
How is trading with u? Hope u got some green ++
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