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Cable Update (GBPUSD)

  • #38,781
  • Nov 6, 2007 9:04pm Nov 6, 2007 9:04pm
I hope the shorts had their SL.....
"Lunch ? Lunch Is For Wimps !"
  • #38,782
  • Nov 6, 2007 9:06pm Nov 6, 2007 9:06pm
unfottunatly not, but I martingale shorten top. hope to break even
  • #38,783
  • Nov 6, 2007 9:07pm Nov 6, 2007 9:07pm
Closed ~ 2.0290 on day of post.

http://www.forexfactory.com/showpost...23&postcount=6
  • #38,784
  • Nov 6, 2007 9:08pm Nov 6, 2007 9:08pm
"""Quote-
02:32 EUR/USD: Trades To Fresh All-Time High As USD Broadly Weakens Sydney,
November 07: The market has successfully knocked out a option barrier at 1.4600
and stops have been triggered up to 1.4665. Traders say that comments from a
Chinese official saying that China should diversify into strong currencies such
as the Euro have sparked the move higher.

02:36 USD: Slammed Lower On Comments From China Official Sydney, November 07:
Comments made by a top Chinese adviser saying that China should diversify more
of their 1.4 TLN USD reserves into the Euro sparked a huge jump in the EUR/USD
from 1.4565 to 1.4665 in very quick time. The comments have weighed on the US
dollar across the board and helped push gold ever higher.
--unqoute"""
  • #38,785
  • Nov 6, 2007 9:11pm Nov 6, 2007 9:11pm
looks like this is the beginning of the worst for US...

more pain will come....it'll be interesting how usdjpy will form up
  • #38,786
  • Nov 6, 2007 9:20pm Nov 6, 2007 9:20pm
This spike surely will kill lot of bears..
  • #38,787
  • Nov 6, 2007 9:23pm Nov 6, 2007 9:23pm
Thanks for that post Dave P.! I was sure someone, somewhere would find out what happened...



Best wishes for success.
  • #38,788
  • Nov 6, 2007 9:25pm Nov 6, 2007 9:25pm
VIVA TREND FOLLOWING

  • #38,789
  • Nov 6, 2007 9:28pm Nov 6, 2007 9:28pm
Bastard, it keeps going up after I sold....but I can't have regrets or I'll lose my pips just as fast as I gained them...
"Lunch ? Lunch Is For Wimps !"
  • #38,790
  • Nov 6, 2007 9:32pm Nov 6, 2007 9:32pm
I did go short yesterday...took some at 20pips...and trailed 40.
Got eaten at BE or a small loss i guess, i'll have to check again later
  • #38,791
  • Nov 6, 2007 9:35pm Nov 6, 2007 9:35pm
Quoting Bemac
Closed ~ 2.0290 on day of post.

http://www.forexfactory.com/showpost...23&postcount=6
Hey Bemac, would you plan to revise the target to 2.2000 given you still have most of the year left?
  • #38,792
  • Nov 6, 2007 9:39pm Nov 6, 2007 9:39pm
Quoting jgospoda
Thanks for that post Dave P.! I was sure someone, somewhere would find out what happened...



Best wishes for success.

Anytime jgospoda!
We're all here to look out for each other.
  • #38,793
  • Nov 6, 2007 9:41pm Nov 6, 2007 9:41pm
Quoting Dave.P
"""Quote-
02:32 EUR/USD: Trades To Fresh All-Time High As USD Broadly Weakens Sydney,
November 07: The market has successfully knocked out a option barrier at 1.4600
and stops have been triggered up to 1.4665. Traders say that comments from a
Chinese official saying that China should diversify into strong currencies such
as the Euro have sparked the move higher.

02:36 USD: Slammed Lower On Comments From China Official Sydney, November 07:
Comments made by a top Chinese adviser saying that China should diversify more
of their 1.4 TLN USD reserves into the Euro sparked a huge jump in the EUR/USD
from 1.4565 to 1.4665 in very quick time. The comments have weighed on the US
dollar across the board and helped push gold ever higher.
--unqoute"""
Good one Dave,

Who are you quoting in your 1st post here at FF?
I found a similar article in Google from 2004...boy talk about fundies as laging indicators, phew!
  • #38,794
  • Nov 6, 2007 10:00pm Nov 6, 2007 10:00pm
dollar is dead guys, it may recover next year
If I Go Broke Trying Then I Will die happy.
  • #38,795
  • Nov 6, 2007 10:01pm Nov 6, 2007 10:01pm
Quoting Kayoubi
Hey Bemac, would you plan to revise the target to 2.2000 given you still have most of the year left?
Only thing I know For Sure is...
IF it gets to 1.2000, {~86% CopOpXop} It will hit 1.14?? Before it gets there.

Trade the Now with the Future in mind.
  • #38,796
  • Nov 6, 2007 10:01pm Nov 6, 2007 10:01pm
OIL @ 98

2$ and the invasion of Iran begin
  • #38,797
  • Nov 6, 2007 10:03pm Nov 6, 2007 10:03pm
Just asking,
Does anyone here have price alert indicator for MT4?
For e.g. when price hit certain level the indicator will make an alarm sound..
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,798
  • Nov 6, 2007 10:07pm Nov 6, 2007 10:07pm
GU bearish pattern on the daily chart is completed.
Trade what you see, not what you think.
  • #38,799
  • Nov 6, 2007 10:09pm Nov 6, 2007 10:09pm
Quoting Moe
dollar is dead guys, my it can recover next year
Agree.. no one will look for the dollar now.. very bad.
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,800
  • Nov 6, 2007 10:17pm Nov 6, 2007 10:17pm
I think we should keep selling dollars in other words trading what we see
Whatever you do, just keep doing it in a dicipline manner.
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