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Cable Update (GBPUSD)

  • #228,761
  • May 27, 2010 2:17am May 27, 2010 2:17am
Enter Short just 30 minutes before New York Open ... momentum is highly bullish now .. Only NY can counter it
  • #228,762
  • May 27, 2010 2:24am May 27, 2010 2:24am
Quoting kanakzz
Enter Short just 30 minutes before New York Open ... momentum is highly bullish now .. Only NY can counter it
I entered a cheeky short at 548 as it bounced off R3. Only a scalp
  • #228,763
  • May 27, 2010 2:24am May 27, 2010 2:24am
http://www.maxiforex.ru/daily-market-review.aspx

please :-)
  • #228,764
  • May 27, 2010 2:26am May 27, 2010 2:26am
Quoting USD-Bear
short closed @ +3
better than a loss.
  • #228,765
  • May 27, 2010 2:30am May 27, 2010 2:30am
Quoting The Magician
I entered a cheeky short at 548 as it bounced off R3. Only a scalp
Closed for 15 pips profit. Seems to be some demand at the moment. NY will tell. I've mentioned this a few times before, but the daily chart looks attractive for a return to 1.5 at some point soon - obviously depending on fundamentals and only on the basis that the world does not - as forexlion would like us to believe - descend into chaos and ruin
  • #228,766
  • May 27, 2010 2:35am May 27, 2010 2:35am
Quoting forexlion
booked +65 i am out, euro wants to rest some here
what was i thinking when i closed dat

seems we got a range break ??
  • #228,767
  • May 27, 2010 2:39am May 27, 2010 2:39am
I have a pending short at 1.4600 for the last couple of days... What say ?? it will reach there ??
  • #228,768
  • May 27, 2010 2:39am May 27, 2010 2:39am
Yesterdays Post

http://www.forexfactory.com/showpost...stcount=228524

Now bulls Know your points of interest
Attached Image (click to enlarge)
Click to Enlarge Name: cable.JPG Size: 125 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #228,769
  • May 27, 2010 2:41am May 27, 2010 2:41am
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0002.png Size: 25 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #228,770
  • May 27, 2010 2:42am May 27, 2010 2:42am
Quoting forexlion
what was i thinking when i closed dat

seems we got a range break ??

after that +65 i am not touching anything

sitting on the fence an bird watching ..............
  • #228,771
  • May 27, 2010 2:44am May 27, 2010 2:44am
Quoting Bull_Bear
Yesterdays Post

http://www.forexfactory.com/showpost...stcount=228524

Now bulls Know your points of interest
good job bro what is your call for today?

Ub
  • #228,772
  • May 27, 2010 2:48am May 27, 2010 2:48am
Quoting forexlion
what was i thinking when i closed dat

seems we got a range break ??
Not sure what break your talking abt Lion mate.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.JPG Size: 127 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #228,773
  • May 27, 2010 2:51am May 27, 2010 2:51am
Quoting Bull_Bear
Not sure what break your talking abt Lion mate.
reckon he is talking about the consolodation range we have been in...

I don't see how we can go up looking at fundamentals...

BUT HEY, WHO CARES? RIDE THE WAVE...

Any opinions on whats gonna happen, basically guessing ;-)
@pawpaw1000 on Twitter
  • #228,774
  • May 27, 2010 2:54am May 27, 2010 2:54am
Quoting Bull_Bear
Not sure what break your talking abt Lion mate.
Ub, I have just closed my long and reversed to short from this level, but am looking to take her up a little more on dips.

Good luck
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #228,775
  • May 27, 2010 2:58am May 27, 2010 2:58am
Yeah its really tempting getting in short here. But thats cable ..it will tempt you to get in the trade and then hit your SL.

I have modifed my pending sell to 1.4620.

or I might enter before NY open.

I think its just consolidating before the next leg up.
  • #228,776
  • May 27, 2010 3:07am May 27, 2010 3:07am
Quoting kanakzz
Yeah its really tempting getting in short here. But thats cable ..it will tempt you to get in the trade and then hit your SL.

I have modifed my pending sell to 1.4620.

or I might enter before NY open.

I think its just consolidating before the next leg up.
why do ya think i am sitting on da fence

its not the birds i am interested in

but friggin cable break of 4517 as a spike is fishy
  • #228,777
  • May 27, 2010 3:13am May 27, 2010 3:13am
Quoting forexlion
why do ya think i am sitting on da fence

its not the birds i am interested in

but friggin cable break of 4517 as a spike is fishy
Why fishy?
Don't be a hero. Don't have an ego. Always question yourself
  • #228,778
  • May 27, 2010 3:13am May 27, 2010 3:13am
Quoting Bull_Bear
Not sure what break your talking abt Lion mate.

Quoting forexlion
there is nothing big in that call

cable has been following this 4517 / 4230 range for 2 weeks now since 17 May

its just pure observation of whats going on infront of your eyes

http://img517.imageshack.us/img517/7203/43395295.gif
watch with me, dat range
  • #228,779
  • May 27, 2010 3:17am May 27, 2010 3:17am
Quoting USD-Bear
Why fishy?
normally cable spikes thru a range channel and quickly changes direction

i want to be sure this is a valid break

as it is we got a 5053 tp if this is a valid break indeed

dats +500, so better sure first
  • #228,780
  • May 27, 2010 3:18am May 27, 2010 3:18am
i'm in, chart a moment...
I will be the number one Manager.
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