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Cable Update (GBPUSD)

  • #33,721
  • Edited 9:25pm Oct 2, 2007 9:02pm | Edited 9:25pm
2nd long target was achieved 2.0435. 3rd target is almost achieved 2.0445 (less 4 or 5 pips).
If euro breaks 1.4181, it will go to 1.4195.
  • #33,722
  • Oct 2, 2007 10:19pm Oct 2, 2007 10:19pm
I bought at 2.0420 with a take profit at 2.0454.
  • #33,723
  • Oct 2, 2007 11:05pm Oct 2, 2007 11:05pm
good day bro, whats up with you ? thanks for the other day, what do u think of cable today? any long position for now or before the end of the week that can at least take us to 2.480 there about. i was trapped there for days now. hoping that we will be there again. plz. any good info to help my situation. thanks once again.



Quoting santoso
either this one is fake breakout of uptrend or not. Today cable depends on ADP news. Short target may be 2.0395 or 2.0387.
Edit:
cut my short position. Turn into long position. Target may be 2.0426 or 2.0435.
  • #33,724
  • Edited 11:31pm Oct 2, 2007 11:14pm | Edited 11:31pm
Quoting mcmartins
good day bro, whats up with you ? thanks for the other day, what do u think of cable today? any long position for now or before the end of the week that can at least take us to 2.480 there about. i was trapped there for days now. hoping that we will be there again. plz. any good info to help my situation. thanks once again.
The past short target at 2.0200, that you have asked before, was recommended by Cesarnc, not me. I just followed him.

Cable is bullish today. But let's see whether BoE will cut the interest rate or not tomorrow. Friday is NFP but the number may depends on the ADP number today.

If 2.0445 goes through, cable will be 2.0454. If goes through 2.0454, may be 2.0486.

Even if you worked for IMF or central bank and you didn't practice a lot, you couldn't sharpen your trading skill. I don't use any indicators, I just use the chart that I posted them in here. But if you want to learn the forex, you can study the Auslanco's strategy (forum discussion, Auslanco's strategy gbp/jpy and gbp/usd). But before you are asking a lot of questions on that thread. You should read the 30% of the current whole thread to prepare your difficult question that you can't solve by yourself. And read a lot and practice a lot.

The price sometimes retraces back and sometimes doesn't go back to the previous level or changes its direction. So if you don't protect your profit or move your stop loss, you will end your position to the loss.
  • #33,725
  • Oct 2, 2007 11:39pm Oct 2, 2007 11:39pm
thanks bro. i just hope it will and for sure it will, patience is the name of the game. rate has to be cut at this level. Anbd when is the ADP news coming up? if u have an ideal of that. once again thanks


Quoting santoso
The past short target at 2.0200, that you have asked before, was recommended by Cesarnc, not me. I just followed him.

Cable is bullish today. But let's see whether BoE will cut the interest rate or not tomorrow. Friday is NFP but the number may depends on the ADP number today.

If 2.0445 goes through, cable will be 2.0454. If goes through 2.0454, may be 2.0486.

Even if you worked for IMF or central bank and you didn't practice a lot, you couldn't sharpen your trading skill. I don't use any indicators, I just use the chart that I posted them in here. But if you want to learn the forex, you can study the Auslanco's strategy (forum discussion, Auslanco's strategy gbp/jpy and gbp/usd). But before you are asking a lot of questions on that thread. You should read the 30% of the current whole thread to prepare your difficult question that you can't solve by yourself. And read a lot and practice a lot.

The price sometimes retraces back and sometimes doesn't go back to the previous level or changes its direction. So if you don't protect your profit or move your stop loss, you will end your position to the loss.
  • #33,726
  • Oct 2, 2007 11:41pm Oct 2, 2007 11:41pm
Quoting mcmartins
thanks bro. i just hope it will and for sure it will, patience is the name of the game. rate has to be cut at this level. Anbd when is the ADP news coming up? if u have an ideal of that. once again thanks
Welcome. About 8 hrs later ADP news.
http://forexfactory.com/calendar.php
  • #33,727
  • Oct 2, 2007 11:53pm Oct 2, 2007 11:53pm
Quoting benssol
anyone long?
Yes, but I'm flat the market.
  • #33,728
  • Oct 2, 2007 11:56pm Oct 2, 2007 11:56pm
cable is acting weird today..
  • #33,729
  • Oct 3, 2007 12:17am Oct 3, 2007 12:17am
Quoting Bemac
Yes, but I'm flat the market.
heh, join the club.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #33,730
  • Oct 3, 2007 12:35am Oct 3, 2007 12:35am
Quoting buangcla
cable is acting weird today..
May I ask you... Are you a woman or a man?
.
  • #33,731
  • Oct 3, 2007 12:45am Oct 3, 2007 12:45am
Quoting bullrock
May I ask you... Are you a woman or a man?
I'm a man, just ignore my avatar.
  • #33,732
  • Oct 3, 2007 12:51am Oct 3, 2007 12:51am
Quoting buangcla
I'm a man, just ignore my avatar.
I just dont understand why some MAN people who claim they are MAN select girly avatars??? I just dont get it... Sorry...
.
  • #33,733
  • Oct 3, 2007 1:07am Oct 3, 2007 1:07am
Quoting bullrock
I just dont understand why some MAN people who claim they are MAN select girly avatars??? I just dont get it... Sorry...
I don't understand that either
Hello World!
  • #33,734
  • Oct 3, 2007 1:16am Oct 3, 2007 1:16am
Yawn?
Cable is my sugardaddy
  • #33,735
  • Oct 3, 2007 1:18am Oct 3, 2007 1:18am
Quoting bohogirl
Yawn?
off the topic: u know gals look quite hot when they yawn !!!
Hello World!
  • #33,736
  • Oct 3, 2007 1:20am Oct 3, 2007 1:20am
What is the GU doing??
.
  • #33,737
  • Oct 3, 2007 1:25am Oct 3, 2007 1:25am
buying pressure, selling pressure,
buying pressure, selling pressure,
buying pressure, selling pressure,
buying pressure, selling pressure,
buying pressure, selling pressure,
buying pressure, selling pressure,
buying pressure, selling pressure
.
  • #33,738
  • Oct 3, 2007 1:25am Oct 3, 2007 1:25am
Quoting bullrock
What is the GU doing??

not yawning
Hello World!
  • #33,739
  • Oct 3, 2007 1:26am Oct 3, 2007 1:26am
Quoting bullrock
What is the GU doing??
1/2 traders expecting rate cut.. 1/2 expecting no cut lol. GU squeezed in the middle.
  • #33,740
  • Oct 3, 2007 1:27am Oct 3, 2007 1:27am
Quoting ClockTrader
not yawning
.
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