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Cable Update (GBPUSD)

  • #39,001
  • Nov 8, 2007 1:56am Nov 8, 2007 1:56am
Quoting Plutonite
Well put, not much more to say.
Yeah. I cared to say it all on purpose. Wanna see seekinglight coming "Are you guys crazy? Going long at this level? Only on Cable Update"

  • #39,002
  • Nov 8, 2007 2:00am Nov 8, 2007 2:00am
Need your feedback. What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 16 KB
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,003
  • Nov 8, 2007 2:02am Nov 8, 2007 2:02am
Quoting cesarnc
Yeah. I cared to say it all on purpose. Wanna see seekinglight coming "Are you guys crazy? Going long at this level? Only on Cable Update"


We are going down ...... to Chinatown
May the Pips be with You Let's Pimp some Pips!
  • #39,004
  • Nov 8, 2007 2:03am Nov 8, 2007 2:03am
Quoting Qu|cksilver
Need your feedback. What do you think?
Put in the H4 and this bumping ride turns into a bullish flag.

It's hard to anticipate big falls in small timeframes charts.
  • #39,005
  • Nov 8, 2007 2:03am Nov 8, 2007 2:03am
Quoting Qu|cksilver
Need your feedback. What do you think?
looks more promising then previous Head and shoulder at 888...
its just money
  • #39,006
  • Nov 8, 2007 2:05am Nov 8, 2007 2:05am
I just went short @21026

I am not feeling confident but my analysis shows that we are due a fall to 20990 atleast! But lets wait and see.

I went on a scalping venture last evening and bagged about 20pips!! So my net for yesterday was +74pips. I would like to make about 45 today if I can.....wish me luck!!

How you guys trading today....I know everyone is waiting for the BOE but you gotta make your mind up and not rely on such news to a big extent. I know they are useful but if we learn how to analyse the charts carefully regardless of the news then I am sure we shall be all with green pips!!

Thoughts/ideas....?
  • #39,007
  • Nov 8, 2007 2:05am Nov 8, 2007 2:05am
Quoting de123
looks more promising then previous Head and shoulder at 888...
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,008
  • Nov 8, 2007 2:07am Nov 8, 2007 2:07am
Quoting venomdesignsUK
I just went short @21026

I am not feeling confident but my analysis shows that we are due a fall to 20990 atleast! But lets wait and see.

I went on a scalping venture last evening and bagged about 20pips!! So my net for yesterday was +74pips. I would like to make about 45 today if I can.....wish me luck!!

How you guys trading today....I know everyone is waiting for the BOE but you gotta make your mind up and not rely on such news to a big extent. I know they are useful but if we learn how to analyse the charts carefully regardless of the news then I am sure we shall be all with green pips!!

Thoughts/ideas....?
Good Luck...
I'm still waiting for higher price to short.
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,009
  • Nov 8, 2007 2:10am Nov 8, 2007 2:10am
Quoting Qu|cksilver
Good Luck...
I'm still waiting for higher price to short.
Good luck to you too man. I think a good to previously go short was at 21042 for about 40pips.
  • #39,010
  • Nov 8, 2007 2:15am Nov 8, 2007 2:15am
Quoting venomdesignsUK
but you gotta make your mind up and not rely on such news to a big extent.
Thoughts/ideas....?
I learn something very helfull,...u may already hear that many times,...still i think, and many would agree,..if something doesnt go up, it will go down...thats it,..so it if it failes to make new highs,...it may either go a little down to get the fuell to break the high, or it can go even very, very down, to get the fuell (aprox 800 pipsov) to break 2.11 in 08,...and i think it will go down, if they dont lift the rates,...but i kinda got a feeling, that they may cut rates, at least for gbp, the chances are a little higher then for euro,...and u?
its just money
  • #39,011
  • Nov 8, 2007 2:32am Nov 8, 2007 2:32am
Quoting de123
and u?
http://photo.jacko.com/d/10110-2/sleeping-dog
  • #39,012
  • Nov 8, 2007 2:33am Nov 8, 2007 2:33am
Quoting Qu|cksilver
Need your feedback. What do you think?

is that last candle a pin bar?
  • #39,013
  • Nov 8, 2007 2:42am Nov 8, 2007 2:42am
Quoting de123
I learn something very helfull,...u may already hear that many times,...still i think, and many would agree,..if something doesnt go up, it will go down...thats it,..so it if it failes to make new highs,...it may either go a little down to get the fuell to break the high, or it can go even very, very down, to get the fuell (aprox 800 pipsov) to break 2.11 in 08,...and i think it will go down, if they dont lift the rates,...but i kinda got a feeling, that they may cut rates, at least for gbp, the chances are a little higher then for euro,...and u?

Ya I know what you are saying. As regards to the BOE rates, I would be surprised if they cut the rate today. I think there is a 50% chance they might cut it next month. As of today, I dont think they will cut the rate but if they do then its gonna trigger a retracement hopefully.
  • #39,014
  • Nov 8, 2007 2:52am Nov 8, 2007 2:52am
The price climb higher to hunt your stop loss guys...
  • #39,015
  • Nov 8, 2007 2:54am Nov 8, 2007 2:54am
Quoting 3013
The price climb higher to hunt your stop loss guys...

UNBELIEVABLE!!
  • #39,016
  • Nov 8, 2007 2:55am Nov 8, 2007 2:55am
lets hope this thing goes up tp 2.1150
If I Go Broke Trying Then I Will die happy.
  • #39,017
  • Nov 8, 2007 2:59am Nov 8, 2007 2:59am
Quoting 3013
The price climb higher to hunt your stop loss guys...

well fortunately i have my 3 trades going long
  • #39,018
  • Nov 8, 2007 3:00am Nov 8, 2007 3:00am
Quoting Moe
lets hope this thing goes up tp 2.1150

Are you long?
  • #39,019
  • Nov 8, 2007 3:03am Nov 8, 2007 3:03am
I went Short at 2.1050!
"Invest With The Insiders, Not The Masses" George Muzea
  • #39,020
  • Nov 8, 2007 3:05am Nov 8, 2007 3:05am
Quoting hijackxx@hotmai
well fortunately i have my 3 trades going long

Well, any sucker can make money very easily in a trending market.
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