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Cable Update (GBPUSD)

  • #215,981
  • Apr 12, 2010 4:46am Apr 12, 2010 4:46am
Quoting The Magician
opened short at 15440, riding it to the '00! Long term bullish, just enjoying the retrace!
both cable and fibre moving to important points now within the next 10 min... Will it hold, I'm saying yes this time...
@pawpaw1000 on Twitter
  • #215,982
  • Apr 12, 2010 4:47am Apr 12, 2010 4:47am
Quoting bbmac
as pic
bb2 whats doing bro, you getting very creative with your chart mate.

Hows your trading coming along?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #215,983
  • Apr 12, 2010 4:50am Apr 12, 2010 4:50am
this could churn either way -- no significant eur/us news today, but i still think it's going higher.
  • #215,984
  • Apr 12, 2010 4:51am Apr 12, 2010 4:51am
Quoting Bull_Bear
Bakker, keep an eye on these junture points... 1.5380 & 1.5320
Cheers buddy for the heads up!
  • #215,985
  • Apr 12, 2010 4:52am Apr 12, 2010 4:52am
Quoting Bull_Bear
Bakker, keep an eye on these junture points... 1.5380 & 1.5320
Just checked my chart and they are already on there. Well 77 and 19, but close enough
  • #215,986
  • Apr 12, 2010 4:55am Apr 12, 2010 4:55am
there goes fibre.
  • #215,987
  • Apr 12, 2010 4:55am Apr 12, 2010 4:55am
love fiber with honey
  • #215,988
  • Apr 12, 2010 4:56am Apr 12, 2010 4:56am
Quoting cableboy
there goes fibre.
short... s.l 3610, t/p 3550...
@pawpaw1000 on Twitter
  • #215,989
  • Apr 12, 2010 4:56am Apr 12, 2010 4:56am
Quoting pawpaw1000
both cable and fibre moving to important points now within the next 10 min... Will it hold, I'm saying yes this time...
Yeah, you are right bro.
  • #215,990
  • Apr 12, 2010 4:57am Apr 12, 2010 4:57am
Quoting kill56
love fiber with honey
Yeah, am short at 361
  • #215,991
  • Apr 12, 2010 4:58am Apr 12, 2010 4:58am
Quoting bbakker
Cheers buddy for the heads up!
Quoting bbakker
Just checked my chart and they are already on there. Well 77 and 19, but close enough
All good
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #215,992
  • Apr 12, 2010 4:58am Apr 12, 2010 4:58am
Quoting cloggie
Yeah, am short at 361


On fibre ass chart, 3590 also a important point, but should break after 3600 broke!
@pawpaw1000 on Twitter
  • #215,993
  • Apr 12, 2010 4:58am Apr 12, 2010 4:58am
Quoting pawpaw1000
both cable and fibre moving to important points now within the next 10 min... Will it hold, I'm saying yes this time...
Off goes fibre! Shame I'd put a limit on at 600 - ah well, another 20 pips bagged so can't complain. Now I just need cable to come down another 20 or so and I'll be happy.
  • #215,994
  • Apr 12, 2010 4:59am Apr 12, 2010 4:59am
Quoting pawpaw1000
short... s.l 3610, t/p 3550...
You are long now, right?
  • #215,995
  • Apr 12, 2010 5:00am Apr 12, 2010 5:00am
Quoting free4440273
this could churn either way -- no significant eur/us news today, but i still think it's going higher.
although alcoa is reporting after-hrs
  • #215,996
  • Apr 12, 2010 5:00am Apr 12, 2010 5:00am
Quoting cloggie
I am still flat fibre, 35915 looks too strong to me.
Sold half my position. Keeping eye on PA for a clean break of 13591

No break. Cashed in all of my position!
  • #215,997
  • Apr 12, 2010 5:01am Apr 12, 2010 5:01am
Quoting tundeakins
You are long now, right?
t/p 3550??? short mate..
@pawpaw1000 on Twitter
  • #215,998
  • Apr 12, 2010 5:01am Apr 12, 2010 5:01am
Quoting cloggie
Yeah, am short at 361

look at this
Attached Image (click to enlarge)
Click to Enlarge Name: h1eur.gif Size: 20 KB
  • #215,999
  • Apr 12, 2010 5:03am Apr 12, 2010 5:03am
Quoting pawpaw1000


On fibre ass chart, 3590 also a important point, but should break after 3600 broke!
You mean you are shorting fibre?
  • #216,000
  • Apr 12, 2010 5:04am Apr 12, 2010 5:04am
For those who watch EUR/USD for movements with cable, you will see similar pivotal chart points.

Red circle top, 1440EMA.
24/200 cross
1hr is the relevant chart, green bubble is the possible retrace zone.
Attached Image (click to enlarge)
Click to Enlarge Name: eu1hr.jpg Size: 124 KB
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