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- Pyramus replied Aug 31, 2009
I'm short at 1.6296 with tight SL at 1.6316 just playing with profit.
Cable Update (GBPUSD)
- Pyramus replied Aug 31, 2009
Nice I too already closed my longs for Beer Money
now time to have a goodnyt sleepCable Update (GBPUSD)
- Pyramus replied Aug 31, 2009
1.6180 has been holding for 6hrs already I'm starting to lose patience

Cable Update (GBPUSD)
- Pyramus replied Aug 31, 2009
Hi GlobalMacro would like to know your current TP for this swing?
Cable Update (GBPUSD)
- Pyramus replied Aug 31, 2009
Yes I don't expect a major swing for today as well just playing within the current range.
Cable Update (GBPUSD)
- Pyramus replied Aug 31, 2009
Same here I'm currently looking at previous trade scenario of July 9 to July 13 after that massive drop and saw a rebound that lead to a trend reversal. If we don't break 1.6150 by today then we will see a swing up.
Cable Update (GBPUSD)
- Pyramus replied Aug 30, 2009
First TP at 1.6380 if we break it then 2nd TP 1.6440
Cable Update (GBPUSD)
- Pyramus replied Aug 28, 2009
Both 1.6260 & 1.6385 are strong support & resistance but looking at the daily chart it is more inclined to go up rather than go down after that massive drop from 1.6628.
Cable Update (GBPUSD)
- Pyramus replied Aug 28, 2009
We may even still hit until 1.6440 based on how fast GU is rising before london session ends.
Cable Update (GBPUSD)
- Pyramus replied Aug 28, 2009
Closed long at 1.6290 now going short unable to break 1.63 will resume GU drop. Perhaps big players waiting for better pricing before going long.
Cable Update (GBPUSD)
- Pyramus replied Aug 27, 2009
I'm with you short w/ first target 1.6247, 2nd at 1.6230, 3rd at 1.6210 before it bounces up these will give time for those currently short to get out before massive push up. By the way Been longing GU since yesterday evening at 1.6160.
Cable Update (GBPUSD)
- Pyramus replied Aug 27, 2009
put a very small stop loss anything can happen. I will resume trade tomorrow and see what happens
Cable Update (GBPUSD)
- Pyramus replied Aug 27, 2009
GU shorts over saturated eventually sellers will cash in for profit and when that happens bulls push up I've been going long evertime it drops
Cable Update (GBPUSD)