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Cable Update (GBPUSD)

  • #325,101
  • Sep 25, 2012 9:48pm Sep 25, 2012 9:48pm
if we consider that last time price was at these levels, in 9 days was already deep into 60 area while actually still 62, i can say that definetly we have less supply than previous touch.
but...
who has balls to buy at these levels to target 64?
in my opinion price should at least ping pong between 59(60) and 62 before going more up. assuming that it will go more up next month.
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  • #325,102
  • Sep 25, 2012 11:51pm Sep 25, 2012 11:51pm
Quoting _BBKing_
if we consider that last time price was at these levels, in 9 days was already deep into 60 area while actually still 62, i can say that definetly we have less supply than previous touch.
but...
who has balls to buy at these levels to target 64?
in my opinion price should at least ping pong between 59(60) and 62 before going more up. assuming that it will go more up next month.
I hear ya
Come with me if you want to live....
  • #325,103
  • Sep 26, 2012 2:07am Sep 26, 2012 2:07am
Quoting _BBKing_
if we consider that last time price was at these levels, in 9 days was already deep into 60 area while actually still 62, i can say that definetly we have less supply than previous touch.
but...
who has balls to buy at these levels to target 64?
in my opinion price should at least ping pong between 59(60) and 62 before going more up. assuming that it will go more up next month.

i know im staying away from cable..i dont like selling when the longer term seems to me to be bullish..
  • #325,104
  • Sep 26, 2012 2:10am Sep 26, 2012 2:10am
2866 touched weeeeeeeeeeeeeee

now 2830 and 2806 are my next targets

on GU 6031 would do great
  • #325,105
  • Sep 26, 2012 2:10am Sep 26, 2012 2:10am
Quoting greg811
as they say" if you can't beat them join them"
Good Morning all,

Thought I would join in the discussions How are you ?

Scorpion
  • #325,106
  • Sep 26, 2012 2:14am Sep 26, 2012 2:14am
Quoting redbeben
2866 touched weeeeeeeeeeeeeee

now 2830 and 2806 are my next targets

on GU 6031 would do great
Lets see if can break 1.6113
  • #325,107
  • Sep 26, 2012 2:24am Sep 26, 2012 2:24am
Quoting Itrade24h
Lets see if can break 1.6113
lets see if we can close below 6150 first and then we see what you see
  • #325,108
  • Sep 26, 2012 2:51am Sep 26, 2012 2:51am
ok now

one h4 close below 6150 will take us to 6116-18 and from there a bounce is expected as arabs are defending 6100-6110 as well....so this should give a good RR with a buy to 1.62 area (need to be confirmed later) and some lil SL

I put a pending buy @ 1.6118 waiting

longer term view on daily 5899 (but it will drop to 5883)below 6031 and if that 5899 fails to hold and 5883 we will see 5427-5380...but this I said it already

all we need is a 15-20 days max to 1.59 or I'll change my mind
  • #325,109
  • Sep 26, 2012 2:53am Sep 26, 2012 2:53am
GU M5 about to give me a perfect sell ....I guess we'll go under 6150 afterall

6165 would be a good place to jump in
  • #325,110
  • Sep 26, 2012 2:56am Sep 26, 2012 2:56am
I will jump in at 16215
  • #325,111
  • Sep 26, 2012 2:59am Sep 26, 2012 2:59am
Quoting redbeben
GU M5 about to give me a perfect sell ....I guess we'll go under 6150 afterall

6165 would be a good place to jump in

thanks mr red....
  • #325,112
  • Sep 26, 2012 2:59am Sep 26, 2012 2:59am
Quoting greg811
I will jump in at 16215
that is an even better entry or 6220

actually from 6208 to 6229 would be shorting paradise but this M5 won't let me sleep

I'll eyeball it and in case it goes well I'll jump in for 1.6116-6118
  • #325,113
  • Sep 26, 2012 3:00am Sep 26, 2012 3:00am
Quoting srekcah24
thanks mr red....
nothing,if you jump in any of the trades today just use small SL as price is ranging too much
  • #325,114
  • Sep 26, 2012 3:01am Sep 26, 2012 3:01am
can anyone tell me anything about usdx ? where you see it in the near future ?....I see it gaining the mother of all strengths
  • #325,115
  • Sep 26, 2012 3:06am Sep 26, 2012 3:06am
Quoting redbeben
can anyone tell me anything about usdx ? where you see it in the near future ?....I see it gaining the mother of all strengths
Define "near" bro.
Ghost Rider - WWTBMD?
  • #325,116
  • Sep 26, 2012 3:10am Sep 26, 2012 3:10am
Quoting redbeben
GU M5 about to give me a perfect sell ....I guess we'll go under 6150 afterall

6165 would be a good place to jump in
Thanks Red. Thats if it starts going anywhere, the hamster is definitely off the wheel at the moment.. or have I woken in the middle of the Asian Session?
  • #325,117
  • Sep 26, 2012 3:14am Sep 26, 2012 3:14am
Quoting gavalar
Thanks Red. Thats if it starts going anywhere, the hamster is definitely off the wheel at the moment.. or have I woken in the middle of the Asian Session?
I have 5 pips already

now wait 7 now
  • #325,118
  • Sep 26, 2012 3:17am Sep 26, 2012 3:17am
Quoting redbeben
GU M5 about to give me a perfect sell ....I guess we'll go under 6150 afterall

6165 would be a good place to jump in
15 pips scaled 1/3 rest BE
  • #325,119
  • Sep 26, 2012 3:19am Sep 26, 2012 3:19am
I mean this
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  • #325,120
  • Sep 26, 2012 3:21am Sep 26, 2012 3:21am
Quoting albchr
Define "near" bro.
1 month?2 months ?

80.11-80.39 today

81.32-34 in 15-20 days

84.40 later on and 86 as last target
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