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Cable Update (GBPUSD)

  • #38,881
  • Nov 7, 2007 5:48am Nov 7, 2007 5:48am
I closed at 2.1030 today at a good 375 pips and I won't open a position until tomorrow after interest news.
My goal is bearish unless they increase interest rates as for now I stopped trading.
  • #38,882
  • Nov 7, 2007 5:50am Nov 7, 2007 5:50am
Quoting Qu|cksilver
you finger shaking??

I don't know what the news will give.. also i don't see 2.1000 as strong support.

Ya my finger was shaking! still is!! but I am not that scared because if we go back to 21042 and get closed out....I lose= 0.00

coming back to test 21000 hopefully
  • #38,883
  • Nov 7, 2007 5:54am Nov 7, 2007 5:54am
only few days ago, i was shoutting 2.10.
damn, it happens so quick. I will short for some correction profit 2-3 hours later. see what happends

Guys, dollar is not dead yet..... see what happen if American have a war with Iran.
  • #38,884
  • Nov 7, 2007 5:58am Nov 7, 2007 5:58am
just check the chart again. cable can go higher today.
bears have to wait to tomorrow
  • #38,885
  • Nov 7, 2007 6:02am Nov 7, 2007 6:02am
Meanwhile !!!!!!!!!!!!!!!!!!!!
Attached Image
For he that would be deceived, let him.
  • #38,886
  • Nov 7, 2007 6:08am Nov 7, 2007 6:08am
Quoting pinchapip
Meanwhile !!!!!!!!!!!!!!!!!!!!
I dont think its the time to buy yet!!
  • #38,887
  • Nov 7, 2007 6:12am Nov 7, 2007 6:12am
Quoting pinchapip
Meanwhile !!!!!!!!!!!!!!!!!!!!
i am short 14680 and 2.1023,...i am gona lok 5 pip profit, and let it ride if not stoped out..., tp 1 month.
its just money
  • #38,888
  • Nov 7, 2007 6:13am Nov 7, 2007 6:13am
Quoting Qu|cksilver
you finger shaking??

I don't know what the news will give.. also i don't see 2.1000 as strong support.

Hello sir!

Hows is your trade? U feeling comfortable yet? lol
  • #38,889
  • Nov 7, 2007 6:14am Nov 7, 2007 6:14am
That was just an Ironic post guys !!!!
For he that would be deceived, let him.
  • #38,890
  • Nov 7, 2007 6:19am Nov 7, 2007 6:19am
Quoting venomdesignsUK
Hello sir!

Hows is your trade? U feeling comfortable yet? lol
Im going to move my SL to breakeven after news.
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,891
  • Nov 7, 2007 6:39am Nov 7, 2007 6:39am
Quoting Moe
hope your not in that short.
No sir. Changed my mind after seeing the nasty failure at 0800 on Monday. Jumped out at small loss.

Now long at 0870. The entire market is "short dollar at first tick out of oversold area". Vox populi vox Dei, what can I say? :
  • #38,892
  • Nov 7, 2007 6:40am Nov 7, 2007 6:40am
Quoting Qu|cksilver
Im going to move my SL to breakeven after news.

I exited my position at 988!! I dont know if thats too quick! But 50pip profit aint that bad either. I will trade again after the news if I see a good trade again.

Thanks QuIcksilver for the ideas.....I am off to revise. (Yes I am a university student) lol
  • #38,893
  • Nov 7, 2007 6:45am Nov 7, 2007 6:45am
Quoting metro
There's gonna be a 'Nonfarm' today, is this the one

j that makes those big moves, i'd like to exit my positions before that if that's the case, they scare me; i'd appreciate it if someone could help me out.

metro
No this is not the "non Farm Payrolls" which moves the market in violently. Expect a little reaction tho.
  • #38,894
  • Nov 7, 2007 6:50am Nov 7, 2007 6:50am
Quoting de123
i am short 14680 and 2.1023,...i am gona lok 5 pip profit, and let it ride if not stoped out..., tp 1 month.
Hi de123

If you don't mind, could u please tell me why you short now?

Seems to be a good entry but today and probably tomorrow its a bull day..

Tomorrow we've BOE and ECB news, why you don't wait for the news and short after the news?

Sorry the question but I'm curios

Thank you
  • #38,895
  • Nov 7, 2007 7:01am Nov 7, 2007 7:01am
Quoting cesarnc
No sir. Changed my mind after seeing the nasty failure at 0800 on Monday. Jumped out at small loss.

Now long at 0870. The entire market is "short dollar at first tick out of oversold area". Vox populi vox Dei, what can I say? :
good, im sitting on the sideline waiting for clear direction, we all screaming short like soros jr was screaming long and you know the story from there.
If I Go Broke Trying Then I Will die happy.
  • #38,896
  • Nov 7, 2007 7:02am Nov 7, 2007 7:02am
Dow - 150 for the open on GM's Jupiter-sized losses.
  • #38,897
  • Nov 7, 2007 7:03am Nov 7, 2007 7:03am
Quoting venomdesignsUK
I exited my position at 988!! I dont know if thats too quick! But 50pip profit aint that bad either. I will trade again after the news if I see a good trade again.

Thanks QuIcksilver for the ideas.....I am off to revise. (Yes I am a university student) lol

Wow.. thats good with 50 pip profits.
Now price bouce at 23% fibo..
"Invest With The Insiders, Not The Masses" George Muzea
  • #38,898
  • Nov 7, 2007 7:05am Nov 7, 2007 7:05am
Quoting Moe
good, im sitting on the sideline waiting for clear direction, we all screaming short like soros jr was screaming long and you know the story from there.
Well, now that 1.45 is gone as the last important figure, there is nothing in euro's way until 1.5 psychological.

Direction is put. The art now is getting a good price at the highs to sell higher. lol
  • #38,899
  • Nov 7, 2007 7:07am Nov 7, 2007 7:07am
Strong resistance at 2.1050...
  • #38,900
  • Nov 7, 2007 7:07am Nov 7, 2007 7:07am
Quoting hellkkas
Hi de123

If you don't mind, could u please tell me why you short now?

Seems to be a good entry but today and probably tomorrow its a bull day..

Tomorrow we've BOE and ECB news, why you don't wait for the news and short after the news?

Sorry the question but I'm curios

Thank you
price action,..i dont know,..sl is hit, anyway...
its just money
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