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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Quoting Runway Trade
Closed two positions + pips. One more at .7538 I hope we get there. Ill even close that one on BE if I can if the move seem to run out of steem. I am hoping for 1.9500
1.9500???
I hope we don't get there in one straight line, else I am screwed.

1.7500
Quoting Stanton81
MNI - 9/10/2008 6:14:25 AM - CABLE

CABLE: Pressured back toward pre Gilt auction lows around $1.7570 with traders noting supply seen from Russian names. Bids reported between $1.7560/50 (Asia low $1.7563).
thats it blame the russians!!!
Trading is 80% Emotional, 20% Technical
Quoting bbmac
chatter on the wires is that an unfounded rumour re a bad guilt auction and Uk store group Debenhams bond default prompting sell-off to the 76.4% fib of the 7505-7706 move.
buy rumour sell the fact or vice virsa in this case?
Trading is 80% Emotional, 20% Technical
Quoting DJ4x
1.9500???
I hope we don't get there in one straight line, else I am screwed.
Still have not got use to these low figures, drop was to fast mean 1.7500
this current 127pip fall from intraday highs @ 7676/80 area puts a bit of a dent into the recovery theories/plays??
Attached Image
ex member
what happened? I go out for a while and cable plunges!!
please DON'T copy my trades I am still learning
Quoting bbmac
this current 127pip fall from intraday highs @ 7676/80 area puts a bit of a dent into the recovery theories/plays??
nice chart
Trading is 80% Emotional, 20% Technical
Quoting ezmystic
what happened? I go out for a while and cable plunges!!
Go out again please I am still short!
im going long later at 1.7538
What is your expectation guys ?
up to 1.7600
OR
down to 1.7500
Quoting Hamood FX
What is your expectation guys ?
up to 1.7600
OR
down to 1.7500
1.7400
Only cause I am holding a short position
Quoting DJ4x
1.7400
Only cause I am holding a short position
Me too Bro, holding two short positions @ 1.7540 and @ 1.7532 long waiting for at least 1.74 or below!!!!! Hoping for the best (Insha-Allah)!!!!!!!!!!!!!!!!!
Quoting Ritz
im going long later at 1.7538
still planning to take that position?
I recommend you read something else as this sentence is now concluded.
Quoting DJ4x
1.7400
Only cause I am holding a short position

What do you think about effect of crude oil inventories on GDP ??
Quoting asyed4
Me too Bro, holding two short positions @ 1.7540 and @ 1.7532 long waiting for at least 1.74 or below!!!!! Hoping for the best (Insha-Allah)!!!!!!!!!!!!!!!!!
Amin
Quoting asyed4
Me too Bro, holding two short positions @ 1.7540 and @ 1.7532 long waiting for at least 1.74 or below!!!!! Hoping for the best (Insha-Allah)!!!!!!!!!!!!!!!!!
i hope it breaks this 50 area bro.. we inoccurred to much loss to this bloody currency
Quoting nAVIN2007
i hope it breaks this 50 area bro.. we inoccurred to much loss to this bloody currency
Patience. It's going to break it one way or another.
Holding short at 1.7544. All other positions have been closed.
I need a break. See you guys later
Quoting DJ4x
Patience. It's going to break it one way or another.
Holding short at 1.7544. All other positions have been closed.
I need a break. See you guys later
theres a fair few buying here..
Attached Image (click to enlarge)
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Quoting Hamood FX
What is your expectation guys ?
up to 1.7600
OR
down to 1.7500
Intraday has turned bearish with a breech of the previous intraday low at 7562 made during asian session. H&S patterns on 5 and 15min have necline breecehd and the 30/1hr H&S looking very likely too for a close below the neck line. Bearish thrust candles on both 30min and 1hr. Daily candle has turned bearish now, but a long way from close of course.

Short side - rangy have to be the 2 most favoured outcomes now I guess, but anything can happen (and probably will.)

Dly S1 area is 7504-09, plenty of downside scop insofar as 20day average pip range is concerned of 212pips, intraday hi-lo range so far 128.

g/l.
ex member
Living on the edge a little. Long 17577 S/L 17542
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