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Cable Update (GBPUSD)

  • #282,581
  • Jun 29, 2011 12:34am Jun 29, 2011 12:34am
Quoting bchbch
Thanks bbking. At what gmt time the vote news will release. just like to know. any idea???
i don't know.
it is around greek afternoon.
but there is not an exact hour i think.

they must discuss first then at the end of discuss they will vote.
maybe later near end of london session imo
90% of traders use TA, indicators and prediction
  • #282,582
  • Jun 29, 2011 12:35am Jun 29, 2011 12:35am
a real tug of war going on between 6015-5995 at the moment...
ex member
  • #282,583
  • Jun 29, 2011 12:37am Jun 29, 2011 12:37am
Quoting _BBKing_
some one is driving market in a very bad way.
could please some one teach him something?

BB KING Why do you drive this PA to the wrong sides.
Plse KING BB Correction Happy Trading lol
  • #282,584
  • Jun 29, 2011 12:38am Jun 29, 2011 12:38am
Quoting Bd69
If we get positive vote from Greece we could see breaking of 1.6050, but I still prefer short on cable, 1.6135-50 seems OK to me.
6140 near is a good level
but be careful because always depends why, and how much fast the price comes there.
if we go in a straight candle we can see a pullback of some 10-20 pips then a boost into 62 area.......

resistances n supports are made to be broken
90% of traders use TA, indicators and prediction
  • #282,585
  • Jun 29, 2011 12:39am Jun 29, 2011 12:39am
Quoting at2au
BB KING Why do you drive this PA to the wrong sides.
Plse KING BB Correction Happy Trading lol

i bought some 100 lots 5998 to help market
90% of traders use TA, indicators and prediction
  • #282,586
  • Jun 29, 2011 12:40am Jun 29, 2011 12:40am
The Parliamentary session begins at 10am local time which is 8am London Time / 3am NY Time. The vote is expected to be completed by the NY open at 3pm Local time / 1pm London Time / 8am NY Time. Thursday’s vote is on the procedures for implementation. This could still stall the process but should be more of a technicality than anything else. This process will last longer because MPs will be giving individual speeches which will then be followed up with the vote by midnight / 10pm London Time / 5pm NY Time. The outcome of the vote will determine whether the EUR/USD http://www.fx360.com/App_Common/images/chart-icon.gif races above 1.45 or crashes towards 1.40.

From http://www.fx360.com/commentary/kath...or-greece.aspx
  • #282,587
  • Jun 29, 2011 12:41am Jun 29, 2011 12:41am
Quoting bbmac
a real tug of war going on between 6015-5995 at the moment...
yes mate!
did you see the bear trap to 5997.... lol

i think today evening will turn on again the BBQ for some nice bear's hamburger
90% of traders use TA, indicators and prediction
  • #282,588
  • Jun 29, 2011 12:43am Jun 29, 2011 12:43am
Quoting _BBKing_
yes mate!
did you see the bear trap to 5997.... lol

i think today evening will turn on again the BBQ for some nice bear's hamburger
uhm.... maybe no!
90% of traders use TA, indicators and prediction
  • #282,589
  • Jun 29, 2011 12:46am Jun 29, 2011 12:46am
crashed it did. just lost 15 pips.
  • #282,590
  • Jun 29, 2011 12:51am Jun 29, 2011 12:51am
Just lost more than 15 pips.....
  • #282,591
  • Jun 29, 2011 12:54am Jun 29, 2011 12:54am
closed all buy @BEp n one lost 15 pips.
now shorts went on.
90% of traders use TA, indicators and prediction
  • #282,592
  • Jun 29, 2011 12:57am Jun 29, 2011 12:57am
out also on short.
too closed trailing stop...

damn end of month.
90% of traders use TA, indicators and prediction
  • #282,593
  • Jun 29, 2011 1:00am Jun 29, 2011 1:00am
2nd leg up from the 6043-5974 pullback of the 5910-6064 move snuffed out at 6016 with supply hitting the pairing, rate has slipped below the 50% of the 5910-6043 move...61.8% is @ 5962 area. Mixed conditions now on 1hr downwards.

G/L
ex member
  • #282,594
  • Jun 29, 2011 1:03am Jun 29, 2011 1:03am
I'm just waiting
Trader from Croatia
  • #282,595
  • Jun 29, 2011 1:09am Jun 29, 2011 1:09am
Quoting Geene
I'm just waiting
what for ?
ex member
  • #282,596
  • Jun 29, 2011 1:11am Jun 29, 2011 1:11am
ok
this market condition is very hard imo.

what do you guys suggest?
i mean other than trade with small lots n waitin levels to be broken?

is there a way to trade n pick some money?
90% of traders use TA, indicators and prediction
  • #282,597
  • Jun 29, 2011 1:13am Jun 29, 2011 1:13am
Will it be 'forever and ever' or a 'greek tragedy?'

Where is Demis Roussos when you need him ?

G/L

Inserted Video
ex member
  • #282,598
  • Jun 29, 2011 1:17am Jun 29, 2011 1:17am
I made 12 pips selling the candle close shown below...it's just that type of market atm, gotta just scalp it and wait for a clear direction to be taken...might be some good trading opps on the knee-jerk reaction to Greek vote (s)

Uk data due at 0930am London.

G/L

Quoting _BBKing_
ok
this market condition is very hard imo.

what do you guys suggest?
i mean other than trade with small lots n waitin levels to be broken?

is there a way to trade n pick some money?
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ex member
  • #282,599
  • Jun 29, 2011 1:23am Jun 29, 2011 1:23am
Quoting bbmac
I made 12 pips selling the candle close shown below...it's just that type of market atm, gotta just scalp it and wait for a clear direction to be taken...might be some good trading opps on the knee-jerk reaction to Greek vote (s)

Uk data due at 0930am London.

G/L
uhm ok i also got some pips there, then closed in loss again shortin 5995.
lets see now what goes on in 10 minutes
90% of traders use TA, indicators and prediction
  • #282,600
  • Jun 29, 2011 1:23am Jun 29, 2011 1:23am
Don't know for u guys but im still holding my long from 1.5995
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