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Cable Update (GBPUSD)

  • #286,441
  • Aug 17, 2011 12:27am Aug 17, 2011 12:27am
...

but worried about :
(Reuters) - Japanese shares fell on Wednesday, dragged down mainly by hi-tech firms, while the euro wobbled after French and German leaders failed to deliver a solution to the euro zone debt crisis and restore investor confidence after a global market rout.
http://www.reuters.com/article/2011/...7725BC20110817

rgds...


Quoting iqyu5an
filled the gap.
closed position at 6445.
Flat mode ON

rgds...
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not euphoria follower
  • #286,442
  • Aug 17, 2011 12:48am Aug 17, 2011 12:48am
I am currently holding two shorts one at 1.6423 and 1.6472 stop at 1.6520. But I am really looking for 73.80 to hold on the dollar index. While above that I'll hold shorts for 1.63 if the 73.8 breaks I'll close my positions. If stopped will re enter two positions around 1.6570 depending on PA. Will update later how it went.
  • #286,443
  • Aug 17, 2011 1:05am Aug 17, 2011 1:05am
.
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not euphoria follower
  • #286,444
  • Aug 17, 2011 2:22am Aug 17, 2011 2:22am
What a move! 50 pips within 5 minutes of EU markets open.

Where do you see GBP/USD going today?

The 4h chart seems to point south, lets wait and see. I might open more shorts if we go below 1.64

Any ideas?

Regards
  • #286,445
  • Aug 17, 2011 2:29am Aug 17, 2011 2:29am
Quoting USD-Bear
Moved stop to BE
closed @ 1.6422
Don't be a hero. Don't have an ego. Always question yourself
  • #286,446
  • Aug 17, 2011 2:45am Aug 17, 2011 2:45am
morning all
my plan was to buy there
and i bought

while writing i move stops @BE
lets see..
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90% of traders use TA, indicators and prediction
  • #286,447
  • Aug 17, 2011 2:48am Aug 17, 2011 2:48am
Quoting _BBKing_
morning all
my plan was to buy there
and i bought

while writing i move stops @BE
lets see..
always good, Noda might want some USD shortly.....
Don't be a hero. Don't have an ego. Always question yourself
  • #286,448
  • Aug 17, 2011 3:00am Aug 17, 2011 3:00am
Quoting USD-Bear
always good, Noda might want some USD shortly.....
Noda?1 what does it mean?

anyway faster TF still not ready to go more up.
big data comes in 30 minutes
im searchin a line to place an hedge...
90% of traders use TA, indicators and prediction
  • #286,449
  • Aug 17, 2011 3:02am Aug 17, 2011 3:02am
Quoting USD-Bear
closed @ 1.6422

was better if i hold that short from 6470...
90% of traders use TA, indicators and prediction
  • #286,450
  • Aug 17, 2011 3:04am Aug 17, 2011 3:04am
Quoting _BBKing_
Noda?1 what does it mean?

anyway faster TF still not ready to go more up.
big data comes in 30 minutes
im searchin a line to place an hedge...
Noda, Japan's finance minister might start buying USD.....in other words intervention to the markets to weaken the yen.

My 2 cents.
  • #286,451
  • Aug 17, 2011 3:07am Aug 17, 2011 3:07am
Quoting Nectarios
What a move! 50 pips within 5 minutes of EU markets open.

Where do you see GBP/USD going today?

The 4h chart seems to point south, lets wait and see. I might open more shorts if we go below 1.64

Any ideas?

Regards
hello,
i dont get it going down...
i posted earlier my plan to buy into 6405-6425 area. im targetin 6510.
sincerely i hope the news in 30 minutes will help me
90% of traders use TA, indicators and prediction
  • #286,452
  • Aug 17, 2011 3:09am Aug 17, 2011 3:09am
Quoting Nectarios
Noda, Japan's finance minister might start buying USD.....in other words intervention to the markets to weaken the yen.

My 2 cents.
ah ok
thanks!

anyway looks like it is not doing for the moment...
better be careful! when they say, one time or the other they do it!
90% of traders use TA, indicators and prediction
  • #286,453
  • Aug 17, 2011 3:10am Aug 17, 2011 3:10am
Quoting iqyu5an
...

but worried about :
(Reuters) - Japanese shares fell on Wednesday, dragged down mainly by hi-tech firms, while the euro wobbled after French and German leaders failed to deliver a solution to the euro zone debt crisis and restore investor confidence after a global market rout.
http://www.reuters.com/article/2011/...7725BC20110817

rgds...
hello bro,
nice chart! i still see GU moving in a perfect technical mode!!
90% of traders use TA, indicators and prediction
  • #286,454
  • Aug 17, 2011 3:12am Aug 17, 2011 3:12am
i closed half position @6450
90% of traders use TA, indicators and prediction
  • #286,455
  • Aug 17, 2011 3:17am Aug 17, 2011 3:17am
Quoting _BBKing_
hello,
i dont get it going down...
i posted earlier my plan to buy into 6405-6425 area. im targetin 6510.
sincerely i hope the news in 30 minutes will help me
I am nursing a number of short positions, which is not a problem at the moment but they will become if it goes a lot higher.

At the moment I hedge my positions until I see how the CCC develop in 15 minutes. Then I will trade accordingly.

Regards
  • #286,456
  • Aug 17, 2011 3:18am Aug 17, 2011 3:18am
Quoting Nectarios
I am nursing a number of short positions, which is not a problem at the moment but they will become if it goes a lot higher.

At the moment I hedge my positions until I see how the CCC develop in 15 minutes. Then I will trade accordingly.

Regards
also the MPC meeting minutes is very important!
90% of traders use TA, indicators and prediction
  • #286,457
  • Aug 17, 2011 3:23am Aug 17, 2011 3:23am
shitty pre-news move.
i closed my position.....
90% of traders use TA, indicators and prediction
  • #286,458
  • Aug 17, 2011 3:35am Aug 17, 2011 3:35am


GU drops for 100 point !!!!!
Golden Goose Return This Month: na
  • #286,459
  • Aug 17, 2011 3:37am Aug 17, 2011 3:37am
that 6350 option barrier is gonna be toast...
  • #286,460
  • Aug 17, 2011 3:37am Aug 17, 2011 3:37am
I closed 2 short @6445, took loss and now GU down crazy, how funny!
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