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Cable Update (GBPUSD)

  • #276,761
  • Apr 18, 2011 9:22am Apr 18, 2011 9:22am
hi there

I think we will be heading up 1.6350 during Asia.
  • #276,762
  • Apr 18, 2011 9:26am Apr 18, 2011 9:26am
Quoting redbeben
hi there

I think we will be heading up 1.6350 during Asia.

are u long?
  • #276,763
  • Apr 18, 2011 9:47am Apr 18, 2011 9:47am
Quoting PoundTrader
still holding short at 1.6324, t/p 1.6177, s/l 1.6407. but im still looking for a good exit it could be 100 or 1,000 pips
good shit, market going crazy
  • #276,764
  • Apr 18, 2011 9:47am Apr 18, 2011 9:47am
Quoting bonus76
are u long?
I am with TP 1.67
we might see some pullbacks but if it plays out acc to plan we should have a cross on H1 on ichi in a few hours and in some 16 hours meaning during asia we should have the price above 1.6315.

it all depends to the next hours and how they close
  • #276,765
  • Apr 18, 2011 9:48am Apr 18, 2011 9:48am
After 100 pips up, now 100 pips down. Whoa, today we have witnessed 200 pips movement. Anybody got lucky from those movements?
  • #276,766
  • Apr 18, 2011 9:48am Apr 18, 2011 9:48am
Long..
€.
  • #276,767
  • Apr 18, 2011 9:51am Apr 18, 2011 9:51am
Take profit reached 100 pips. Will post my next entry here will only be tomorow morning just before londen if i get one.
  • #276,768
  • Apr 18, 2011 9:54am Apr 18, 2011 9:54am
Quoting PoundTrader
still holding short at 1.6324, t/p 1.6177, s/l 1.6407. but im still looking for a good exit it could be 100 or 1,000 pips
take profit is comming
  • #276,769
  • Apr 18, 2011 9:55am Apr 18, 2011 9:55am
Quoting PoundTrader
good shit, market going crazy
Eat up ! I already close mine BE + profit 32 pips. I quit for today since I'm quite tired. Good luck guys, it's still going down quite hard.
  • #276,770
  • Apr 18, 2011 9:58am Apr 18, 2011 9:58am
Quoting 0rPhioZ
Eat up ! I already close mine BE + profit 32 pips. I quit for today since I'm quite tired. Good luck guys, it's still going down quite hard.
good job
  • #276,771
  • Apr 18, 2011 9:59am Apr 18, 2011 9:59am
we needed this break out, about time
  • #276,772
  • Apr 18, 2011 10:02am Apr 18, 2011 10:02am
no need to go long at the moment unless going for 15-30 pips
  • #276,773
  • Apr 18, 2011 10:02am Apr 18, 2011 10:02am
Quoting Euro
Long..
Adding more longs
€.
  • #276,774
  • Apr 18, 2011 10:02am Apr 18, 2011 10:02am
Quoting 0rPhioZ
Eat up ! I already close mine BE + profit 32 pips. I quit for today since I'm quite tired. Good luck guys, it's still going down quite hard.
you telling me to EAT Sht
  • #276,775
  • Apr 18, 2011 10:03am Apr 18, 2011 10:03am
Quoting Euro
Adding more longs
keep adding dont stop
  • #276,776
  • Apr 18, 2011 10:06am Apr 18, 2011 10:06am
cable seems to be going a bit haywire....it touched the last support at 6200....a bullish reversal may seem less feasible now....it has almost crossed the close prices of the prev candles in daily....a decline below 6158 may suggest a bearish continuation and and upward break through 6321 may lead to another high above 6434....till then we need to move with the trend ...need to see how market reacts in tomorrow's asian session
  • #276,777
  • Apr 18, 2011 10:10am Apr 18, 2011 10:10am
What a trap...now the other way for about 150 pips!
  • #276,778
  • Apr 18, 2011 10:23am Apr 18, 2011 10:23am
ok

now the picture looks clearer
depending on H4 we might hit 1.59 this week

130 on GJ and 1.37 on EU

long term view on all those pairs still the same

1.50-51 for EU in the next 1,1/2 months
1.67 GU same time
GJ 1.48 and above by the end of the year

closed my 2 weeks old shorts now.

adding longs while going down some with 1.67 TP some short term with first TP 1.623
  • #276,779
  • Apr 18, 2011 10:24am Apr 18, 2011 10:24am
3k down now 7 k left 20£ long on cable i just want to get out of it
  • #276,780
  • Apr 18, 2011 10:36am Apr 18, 2011 10:36am
this is the view

look at all 3 charts and you will see the same story

look closer at GJ

this is what will happen with EU and GU
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GJ H4 hells gate.JPG Size: 220 KB
Click to Enlarge Name: EU H4hells gate.JPG Size: 199 KB
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