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Cable Update (GBPUSD)

  • #36,021
  • Oct 18, 2007 3:43am Oct 18, 2007 3:43am
Quoting bullrock
Ok sit tight for the next 300 pips...

As for some people, 5 pips is enought. :


--TNT--
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  • #36,022
  • Oct 18, 2007 3:43am Oct 18, 2007 3:43am
confirm
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  • #36,023
  • Oct 18, 2007 3:44am Oct 18, 2007 3:44am
Quoting Plutonite
300 is a lot IMHO. But the more outrageous, the more likely - I'll take 50 pips and go away thank you very much
same here
Twitter: @forexpokerpro
  • #36,024
  • Oct 18, 2007 3:46am Oct 18, 2007 3:46am
i think it is better to use trailing stops.. let your profits run...
  • #36,025
  • Oct 18, 2007 3:47am Oct 18, 2007 3:47am
Definitely breaking the Hourly Triangle and now trying to break the Daily Triangle. I think I can scarp off both of the triangle now Bull Party
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  • #36,026
  • Oct 18, 2007 3:48am Oct 18, 2007 3:48am
Are we having a bye bye 0400 here?
  • #36,027
  • Oct 18, 2007 3:50am Oct 18, 2007 3:50am
There are a bunch of option barriers at 2.0500.. so might be good resistance (or not if it just decides to break through!)
  • #36,028
  • Oct 18, 2007 3:50am Oct 18, 2007 3:50am


we are pissing on the flag upside
now we need to take 500 then welcome 2.14 and welcome back soros JR
  • #36,029
  • Oct 18, 2007 3:52am Oct 18, 2007 3:52am
Cable is nudging the 2.0460 resistance level after September's strong retail sales print. Royal Bank of Scotland says breach of the 2.0460-90 resistance zone should fuel a run on the July 07 high of 2.0650. Cable now at 2.0459.
  • #36,030
  • Oct 18, 2007 3:54am Oct 18, 2007 3:54am
I am long term player. Not hunting for 5 or 50 pips, only my SL is about 150 pips.. I have a target and thats several hundred pips from here. Today or in 2 weeks time I dont care really.
.
  • #36,031
  • Oct 18, 2007 4:01am Oct 18, 2007 4:01am
closed at 40 pips and now waiting for 12:30 GMT news.
  • #36,032
  • Oct 18, 2007 4:02am Oct 18, 2007 4:02am
Quoting forexlion
A passing crow told me that GU will go to 454 today.

The crow was following a chick.

One more thing, in the list below, which shows the id of people viewing this thread.

My id shows a + sign with it, which means i am the official Lion here.

forexlion+
The passing crow was correct !!!!
  • #36,033
  • Oct 18, 2007 4:11am Oct 18, 2007 4:11am
Quoting bullrock
I am long term player. Not hunting for 5 or 50 pips, only my SL is about 150 pips.. I have a target and thats several hundred pips from here. Today or in 2 weeks time I dont care really.
This is indeed a good strategy :-)
Hello World!
  • #36,034
  • Oct 18, 2007 4:12am Oct 18, 2007 4:12am
Quoting ClockTrader
This is indeed a good strategy :-)
Thanks CT. How r u doing?
.
  • #36,035
  • Oct 18, 2007 4:12am Oct 18, 2007 4:12am
Quoting benssol


we are pissing on the flag upside
now we need to take 500 then welcome 2.14 and welcome back soros JR
Agree... crack of 0500 would be huge....

However, the target of this breakout is around 0850, measured as extension of the 9878 - 0492 = 600 pips

Bottom of the flag 0250 + 600 =
  • #36,036
  • Oct 18, 2007 4:16am Oct 18, 2007 4:16am
Quoting bullrock
Thanks CT. How r u doing?
I'm doing fine, not quite well on the pips side though, lolz

anyways, I wonder how martingale strategy will do if one were to buy 1,000 pips downwards, like an account on gamble.

BUT for sure, long term cable on longs is a very good plan :-)
Hello World!
  • #36,037
  • Oct 18, 2007 4:17am Oct 18, 2007 4:17am
Quoting forexlion
The passing crow was correct !!!!
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  • #36,038
  • Oct 18, 2007 4:24am Oct 18, 2007 4:24am
Quoting cesarnc
Agree... crack of 0500 would be huge....

However, the target of this breakout is around 0850, measured as extension of the 9878 - 0492 = 600 pips

Bottom of the flag 0250 + 600 =
the flagpole
you scale it like murphy

someone on the wires said he see 2.1450 and I dont know why?
but it's ok coz it's good for us

  • #36,039
  • Oct 18, 2007 4:28am Oct 18, 2007 4:28am
Quoting benssol
the flagpole
you scale it like murphy

someone on the wires said he see 2.1450 and I dont know why?
but it's ok coz it's good for us

LOL... Hey man, there are just two prices to crack all the way up: 0500 and 0650. I don't see how 0850 isn't possible shall those levels go...

On the ultra bold calls, analysts have oil $100, gold $1,000, euro 1,70

Some even count this 5 years trend in cable and euro as Wave 1 , can you imagine wave 5? LOLLLLLL
  • #36,040
  • Oct 18, 2007 4:34am Oct 18, 2007 4:34am
I hope it goes up now some 30 pips at least, i need some sure pips on sl cause i only have SL 50 pips..
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