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Cable Update (GBPUSD)

  • #37,741
  • Oct 29, 2007 6:29am Oct 29, 2007 6:29am
Keeping my first short at 2.0532 and opening a second short at 2.0615!

* only for who have if you have sufficient margin, or stay away!
TheBe$t
  • #37,742
  • Oct 29, 2007 6:31am Oct 29, 2007 6:31am
Quoting TheBest
Keeping my first short at 2.0532 and opening a second short at 2.0615!

* only for who have if you have sufficient margin, or stay away!
Long
.
  • #37,743
  • Oct 29, 2007 6:33am Oct 29, 2007 6:33am
Quoting TheBest
Keeping my first short at 2.0532 and opening a second short at 2.0615!

* only for who have if you have sufficient margin, or stay away!
Good luck to you BUSH!
"Invest With The Insiders, Not The Masses" George Muzea
  • #37,744
  • Oct 29, 2007 6:35am Oct 29, 2007 6:35am
Quoting Qu|cksilver
Do you think long will be safe? target 2.0730?
Well the previous strongest point was 2.0650 but its the only point left to worry about now.

I would say shorting near that point is safe but then again what do i know.
  • #37,745
  • Oct 29, 2007 6:38am Oct 29, 2007 6:38am
this is what soros jr been screaming, this could be a bad week for the dollar.
If I Go Broke Trying Then I Will die happy.
  • #37,746
  • Oct 29, 2007 6:42am Oct 29, 2007 6:42am
Quoting Moe
this is what soros jr been screaming, this could be a bad week for the dollar.
And its fate is in Fed's hands...

Which is not necessarily good news
  • #37,747
  • Oct 29, 2007 6:44am Oct 29, 2007 6:44am
Quoting Ayham
Well the previous strongest point was 2.0650 but its the only point left to worry about now.

I would say shorting near that point is safe but then again what do i know.
Long. Long term target above 2.1. (Or what my system says)
.
  • #37,748
  • Oct 29, 2007 6:49am Oct 29, 2007 6:49am
Quoting Qu|cksilver
Good luck to you BUSH!
Thanks! I born with luck, but, all additional luck is welcome!

Good luck to you too!
TheBe$t
  • #37,749
  • Oct 29, 2007 6:59am Oct 29, 2007 6:59am
Quoting cesarnc
And its fate is in Fed's hands...

Which is not necessarily good news
yup its in the fed hands so im going long, t/p 3.0000
If I Go Broke Trying Then I Will die happy.
  • #37,750
  • Oct 29, 2007 7:02am Oct 29, 2007 7:02am
Quoting TheBest
Keeping my first short at 2.0532 and opening a second short at 2.0615!

* only for who have if you have sufficient margin, or stay away!
The basic rule of traders: you should never, never and never add more position to negative position, becouse you will be in a bigger loss

One question: and where is the stop loss of the first position? or you donīt have it?
Imagine that the price rises to 2,0670, you will be in 1st position in -138pips and on the other -55pips.

that is not so good,
wish you luck
  • #37,751
  • Oct 29, 2007 7:06am Oct 29, 2007 7:06am
Quoting TheBest
Keeping my first short at 2.0532 and opening a second short at 2.0615!

* only for who have if you have sufficient margin, or stay away!
or we haven a soros jr moment, short instead of long, this is how he broke daddy piggy bank, on the real tho i wouldn't put on a pair of shorts right now.
If I Go Broke Trying Then I Will die happy.
  • #37,752
  • Oct 29, 2007 7:10am Oct 29, 2007 7:10am
look like we broke that 2.0300-500 range i was talking about, if this shit hold, oh shit dollar.
If I Go Broke Trying Then I Will die happy.
  • #37,753
  • Oct 29, 2007 7:19am Oct 29, 2007 7:19am
when eur/usd broke it's milestone, gbp/usd didn't follow, so expect the same when cable breaks it's milestone.
If I Go Broke Trying Then I Will die happy.
  • #37,754
  • Oct 29, 2007 7:20am Oct 29, 2007 7:20am
Quoting bullrock
Long. Long term target above 2.1. (Or what my system says)
Yes I know the market is bullish but it must make a stop at the previous high level first.

Don't you think?!
  • #37,755
  • Oct 29, 2007 7:20am Oct 29, 2007 7:20am
Looks like it has made its high for the day!
To laugh, to learn, and to teach!
  • #37,756
  • Oct 29, 2007 7:24am Oct 29, 2007 7:24am
Quoting myles
Looks like it has made its high for the day!
give it till london close.
If I Go Broke Trying Then I Will die happy.
  • #37,757
  • Oct 29, 2007 8:00am Oct 29, 2007 8:00am
moving thread up
If I Go Broke Trying Then I Will die happy.
  • #37,758
  • Oct 29, 2007 8:05am Oct 29, 2007 8:05am
cesarnc look like your the only original left in here, im going to get breakfast.
If I Go Broke Trying Then I Will die happy.
  • #37,759
  • Oct 29, 2007 8:07am Oct 29, 2007 8:07am
I hate to be cheesy but

Told Ya

The market is moving down now.
  • #37,760
  • Oct 29, 2007 8:08am Oct 29, 2007 8:08am
Quoting Ayham
Yes I know the market is bullish but it must make a stop at the previous high level first.

Don't you think?!
might be right, but i am long term long. so if from 2.065 comes back to say 2.05 that wouldnt change my position.
.
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