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Cable Update (GBPUSD)

  • #308,721
  • Apr 18, 2012 12:34am Apr 18, 2012 12:34am
Quoting UbuFamily
why u not touching tonight's NY open?
Also, I see the (possibility) of ending up near 5983-5990 today to maybe set up a nice swing down, so don't want to play anything from here.
Come with me if you want to live....
  • #308,722
  • Apr 18, 2012 12:34am Apr 18, 2012 12:34am
Quoting A-speculator
there are 3 levels i'm observing atm..

1. cable trading below 5900
2. fiber trading below 3100
3. swissy trading above 9135
what will invalidate this minor confirmation is cable trading above 5935 level and fiber trading above 3130..
  • #308,723
  • Apr 18, 2012 12:36am Apr 18, 2012 12:36am
Quoting A-speculator
there are 3 levels i'm observing atm..

1. cable trading below 5900
2. fiber trading below 3100
3. swissy trading above 9135
and UCAD closed above 1.0000?
I trade to live
  • #308,724
  • Apr 18, 2012 12:38am Apr 18, 2012 12:38am
Quoting A-speculator
i explain this many times.. there's no such thing as stop hunting..
ok mate...sorry I forgot to include IMO at the end of the post..my bad
I trade to live
  • #308,725
  • Apr 18, 2012 12:40am Apr 18, 2012 12:40am
Good luck all
Come with me if you want to live....
  • #308,726
  • Apr 18, 2012 12:40am Apr 18, 2012 12:40am
Quoting UbuFamily
and UCAD closed above 1.0000?
ucad is in range of ~9850-1.0050.. atm, i'm not interested in that pair.. perhaps it might move up back to the 1.0 level..

it's 50% is at 9950..
  • #308,727
  • Apr 18, 2012 12:41am Apr 18, 2012 12:41am
Quoting Ill-b-back
Also, I see the (possibility) of ending up near 5983-5990 today to maybe set up a nice swing down, so don't want to play anything from here.
I see... strong resistance zone in between there...
I trade to live
  • #308,728
  • Apr 18, 2012 12:45am Apr 18, 2012 12:45am
Quoting Ill-b-back
Good luck all
You too mate
I trade to live
  • #308,729
  • Apr 18, 2012 12:45am Apr 18, 2012 12:45am
Quoting UbuFamily
I see... strong resistance zone in between there...
i think we won't be revisiting that price again. this is due to we have already made an attempt at that price level before, so if the price want to go down, it should make a lower high.. i think the highest we get is yesterday's high and we should move lower from that point onwards.. imho.
  • #308,730
  • Apr 18, 2012 12:46am Apr 18, 2012 12:46am
Quoting A-speculator
ucad is in range of ~9850-1.0050.. atm, i'm not interested in that pair.. perhaps it might move up back to the 1.0 level..

it's 50% is at 9950..
I trade to live
  • #308,731
  • Apr 18, 2012 12:52am Apr 18, 2012 12:52am
Quoting A-speculator
i think we won't be revisiting that price again. this is due to we have already made an attempt at that price level before, so if the price want to go down, it should make a lower high.. i think the highest we get is yesterday's high and we should move lower from that point onwards.. imho.
Your above thoughts are meant for Ill b back because I was replying to him about his possibility of reaching that area..

Atm, I do need a bear drop to close my current short.
I trade to live
  • #308,732
  • Apr 18, 2012 12:55am Apr 18, 2012 12:55am
Quoting UbuFamily
Your above thoughts are meant for Ill b back because I was replying to him about his possibility of reaching that area..

Atm, I do need a bear drop to close my current short.
i guess we have to wait for it then.. still have 2.30 hours to go..
  • #308,733
  • Apr 18, 2012 12:58am Apr 18, 2012 12:58am
EU 3118
GU 5930

Something is way off here in terms of correlation.
Pound should drop to 5800 or less to match with EU.
In trading, you have to be defensive and aggressive at the same time
  • #308,734
  • Apr 18, 2012 12:58am Apr 18, 2012 12:58am
Quoting A-speculator
i guess we have to wait for it then.. still have 2.30 hours to go..
2.30 hours to where? I know London open is 1 hour later..

Gotta go mate...will be back soon
I trade to live
  • #308,735
  • Apr 18, 2012 12:59am Apr 18, 2012 12:59am
Quoting UbuFamily
2.30 hours to where? I know London open is 1 hour later..

Gotta go mate...will be back soon
2.30 hours to the fundamental data release..
  • #308,736
  • Apr 18, 2012 1:03am Apr 18, 2012 1:03am
Quoting A-speculator
2.30 hours to the fundamental data release..
Release by whom?Could you be more specific? Thank you bro
In trading, you have to be defensive and aggressive at the same time
  • #308,737
  • Apr 18, 2012 1:05am Apr 18, 2012 1:05am
Quoting Davit
Release by whom?Could you be more specific? Thank you bro
it's on the calendar mate..
  • #308,738
  • Apr 18, 2012 1:19am Apr 18, 2012 1:19am
Quoting A-speculator
i think we won't be revisiting that price again. this is due to we have already made an attempt at that price level before, so if the price want to go down, it should make a lower high.. i think the highest we get is yesterday's high and we should move lower from that point onwards.. imho.
Don't be too surprised if it does, I've seen weirder shit than that on this pair lately
Come with me if you want to live....
  • #308,739
  • Apr 18, 2012 1:20am Apr 18, 2012 1:20am
Quoting Ill-b-back
Don't be too surprised if it does, I've seen weirder shit than that on this pair lately
yeah i know.. lol.

but i think it would not make that thing this time mate.. but i could be wrong.. i'm fallable too..
  • #308,740
  • Apr 18, 2012 1:45am Apr 18, 2012 1:45am
stinky on my winky
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