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Cable Update - Continued 61 replies

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

Quoting alpin
Buy again at this price? I already got sell at 1.9111, because all my indicator has show overbought.
i brought at 1.9112 lets see where this take me.
If I Go Broke Trying Then I Will die happy.
Quoting Moe
Time to buy gbp/usd
Moe with your system can you predict the GBU strength until when? It's already reach 1.9136 can it be higher?
Quoting alpin
Moe with your system can you predict the GBU strength until when? It's already reach 1.9136 can it be higher?
no it can't. but i gives me times of the day when the market pushes a currency up or down then its my choice to close the trade or keep it open.
If I Go Broke Trying Then I Will die happy.
I disliked very much this week.
I started the week with the clear idea that would be a bussih week for euro and pound. This was clear from foundamentals and technical point of view.
And so i started to buy.
I hold pound until 1.9080 and sold and went short
i sol euro @1.2830 because didint give any sign of buying interest ! this was a bad move.. I dont like such moments of dead market..and the quick moves like this..I will keep the short positions for a while now...
Quoting trucco
I disliked very much this week.
I started the week with the clear idea that would be a bussih week for euro and pound. This was clear from foundamentals and technical point of view.
And so i started to buy.
I hold pound until 1.9080 and sold and went short
i sol euro @1.2830 because didint give any sign of buying interest ! this was a bad move.. I dont like such moments of dead market..and the quick moves like this..I will keep the short positions for a while now...
next week should be a good week.
If I Go Broke Trying Then I Will die happy.
Quoting Moe
next week should be a good week.
I sell other amount here @1.2930 to average entry price to 1.2880

Will see
it moving now
If I Go Broke Trying Then I Will die happy.
<TABLE cellSpacing=6 cellPadding=0 width="100%" border=0><TBODY><TR><TD noWrap>trucco what is ur entry for sell? if u dont mind
</TD><TD width="100%"> </TD></TR></TBODY></TABLE>
im out with a 34 pip profit. anybody else.
If I Go Broke Trying Then I Will die happy.
Quoting Moe
im out with a 34 pip profit. anybody else.
good trae
Moe ..i myself is waiting on a short..im sure most here are also.


anyone think it will go any higher, if so how high?
once again the worlds strongest currency shows it might. the mighty pound. and its still going
If I Go Broke Trying Then I Will die happy.
Quoting Tatton
good trae
Moe ..i myself is waiting on a short..im sure most here are also.


anyone think it will go any higher, if so how high?
be careful on those shorts. i will wait till next week. im done for the week.
If I Go Broke Trying Then I Will die happy.
Quoting stonie
<table cellspacing="6" cellpadding="0" width="100%" border="0"><tbody><tr><td nowrap="nowrap">trucco what is ur entry for sell? if u dont mind
</td><td width="100%">
</td></tr></tbody></table>
im short eur from 1.2880 and poud short from 1.9080

i keep the positions

i have lots of space on account, to dont close and dont give this money to anybody
Waiting to short at current levels. There really isn't any strong fundamental data that can push the pound higher. IMO, a correction is very likely at this level. If the correction isn't as severe, we could see the pound go higher.
Quoting Moe
once again the worlds strongest currency shows it might. the mighty pound. and its still going
If only I just listen to you and buy rather than sell maybe my equity is doesn't have to bleeding like this. Your prediction is beyond all my indicator. But I still believe GU will come back to 1.900, don't know when but eventually it will.
Short @ 1.9159. I'll keep this position open till I get stopped out at 1.9187. Another short entry at 1.9215. TP for both is set at 1.8885.
Quoting blueshift
Waiting to short at current levels. There really isn't any strong fundamental data that can push the pound higher. IMO, a correction is very likely at this level. If the correction isn't as severe, we could see the pound go higher.
I tell you what :

I have some friends that work in this field, and when such things happen, behind this there are often the same big investors..that all togheter keep pushing higher and higher. No real reasons...abloslutly unjustified move, unless unfortunatly you see it from the prospective of speculation on retail traders.

How many of us, soon or later have started shorts from this morning ?
and how many of us (if you put stop losses, I dont put stop losses now) were stopped out ?
I earned some more pips through scalping making it totalling about 200+ pips since monday... happy holiday! It's a smooth ride but I expect to short by next week hopefully. The MAs are so steep right now, it's rare to see this and I was wondering if it might pierce through 1.9200 and it going long until next week. What do u guys think?
Quoting trucco
I tell you what :

I have some friends that work in this field, and when such things happen, behind this there are often the same big investors..that all togheter keep pushing higher and higher. No real reasons...abloslutly unjustified move, unless unfortunatly you see it from the prospective of speculation on retail traders.

How many of us, soon or later have started shorts from this morning ?
and how many of us (if you put stop losses, I dont put stop losses now) where stopped out ?
yes, but my risk/reward ratio is so low, that I can be wrong 5 times, and right once, and still be in a profit. Chances are that I'll be wrong, as I was at 1.9120. Lost a little, but that's part of the game. And price action tells me that a reversal will happen SOON.
Quoting blueshift
Short @ 1.9159. I'll keep this position open till I get stopped out at 1.9187. Another short entry at 1.9215. TP for both is set at 1.8885.
Amen for that.
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