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Cable Update (GBPUSD)

  • #263,301
  • Nov 4, 2010 7:46am Nov 4, 2010 7:46am
Quoting dag777
Hello PipChick,

missed your nice and clean charts, hope you are fine.
Hello Dag..
  • #263,302
  • Nov 4, 2010 7:52am Nov 4, 2010 7:52am
usa futures making new highs dow futures +100
  • #263,303
  • Nov 4, 2010 7:52am Nov 4, 2010 7:52am
Quoting Beljevina
Bring up the daily version of USDGBP and the yen 15-year high makes GBPUSD of 1.7 in Jul 2009 look like it'll be here any day. Just trying to help with level headed thinking all 'round.
hi bel, thanks. i get lucky sometimes
1.7 target looks real now doesn't it? this weekly close will be telling.
We'll take it one step at a time tho, Once we get to 6300 I'll clear all my longs.
The rise so far had been easy I suspect non farm tomorrow can be nasty & I don't want to have anything to do with it lol

Have a good one
Thank You
  • #263,304
  • Nov 4, 2010 8:02am Nov 4, 2010 8:02am
Quoting wormboy
hi pipgame

well tbh I hope it does not bounce at the monthly since I'm still long lol
seriously tho, I've not seen anything yet to suggest that there'll be a bounce at the current level so I'll just follow the money.
I will however tighten my stop during the rates later.

have a good one mate
booked another quarter, only a quarter position left for 6300 with stop locked in further. 6203 is now immediate support. Good luck
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Thank You
  • #263,305
  • Nov 4, 2010 8:03am Nov 4, 2010 8:03am
Good day to you,

Taking short position here @ 1.6260 and 1.6272 as we are entering a strong resistance area running back to mid January. SL placed @ 1.6320.

If this level goes... well...... Worth a shot.

wish you all the best

Regards
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  • #263,306
  • Nov 4, 2010 8:03am Nov 4, 2010 8:03am
sold @ 1.62689 40 pip stop
  • #263,307
  • Nov 4, 2010 8:22am Nov 4, 2010 8:22am
Quoting redsword11
sold @ 1.62689 40 pip stop


Attached Image (click to enlarge)
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  • #263,308
  • Nov 4, 2010 8:27am Nov 4, 2010 8:27am
Quoting cloggie
I have 4251 as the minor obstacle though.

To the pip, covered longs, now flat yooro, waiting for Tricky-T
  • #263,309
  • Nov 4, 2010 8:33am Nov 4, 2010 8:33am
Quoting cloggie
To the pip, covered longs, now flat yooro, waiting for Tricky-T

Hey Cloggie - whats your next target on GU? Do you exit at your TP & then re-enterr, or do you just lock in profits and let the trade run.
  • #263,310
  • Nov 4, 2010 8:33am Nov 4, 2010 8:33am
Weekly
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  • #263,311
  • Nov 4, 2010 8:38am Nov 4, 2010 8:38am
close long,

see u tomorrow...
I will be the number one Manager.
  • #263,312
  • Nov 4, 2010 8:45am Nov 4, 2010 8:45am
310 or 325, please!
  • #263,313
  • Nov 4, 2010 8:47am Nov 4, 2010 8:47am
Quoting trending
310 or 325, please!
roger roger, coming
Thank You
  • #263,314
  • Nov 4, 2010 8:58am Nov 4, 2010 8:58am
Quoting TauTrader
Good day to you,

Taking short position here @ 1.6260 and 1.6272 as we are entering a strong resistance area running back to mid January. SL placed @ 1.6320.

If this level goes... well...... Worth a shot.

wish you all the best

Regards
Good day to you,

Evidently on a mission. Cutting early and stepping aside.

Regards
  • #263,315
  • Nov 4, 2010 8:58am Nov 4, 2010 8:58am
Quoting cloggie
I have 42816 to be exact.

Cr@p I was 1/2 pip out on that one, need to work on that, just unacceptable. I will never make any money this way.....
  • #263,316
  • Nov 4, 2010 8:59am Nov 4, 2010 8:59am
Quoting cloggie
Cr@p I was 1/2 pip out on that one, need to work on that, just unacceptable. I will never make any money this way.....

:-) lol
  • #263,317
  • Nov 4, 2010 9:02am Nov 4, 2010 9:02am
Dont think it wants to give up till 6396 is reached. 6289 is a pretty strong resistance tho so we will see.
Attached Image (click to enlarge)
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  • #263,318
  • Nov 4, 2010 9:06am Nov 4, 2010 9:06am
Daily hit the UTL.

Brake this next should be pink line.

Else bounce back.
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Attached Image
  • #263,319
  • Nov 4, 2010 9:10am Nov 4, 2010 9:10am
Quoting cloggie
Cr@p I was 1/2 pip out on that one, need to work on that, just unacceptable. I will never make any money this way.....
haha yeh...babypips.com is a good way to start!
COT: The precious data ignored
  • #263,320
  • Nov 4, 2010 9:12am Nov 4, 2010 9:12am
Complicated situation: blue ascending channel broke to the upside but PA was limited by the black descending TL from august 2008.
Will wait for a retrace or maybe till monday to think about my next trade.
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