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Cable Update (GBPUSD)

  • #3,741
  • Dec 28, 2006 11:16am Dec 28, 2006 11:16am
Quoting Leugimp
Lets just call him a guy and lets just call her a ho!
well it is that time of season. Ho Ho Ho
  • #3,742
  • Dec 28, 2006 11:17am Dec 28, 2006 11:17am
well, according to some, the u.s. is cooking the books to make the numbers look good. i think it has more to do with countries that hold large amounts of dollars are selling to buy euros since it is so high, making the dollar weaker. my opinion, i could be wrong. what does moneymaster think??
  • #3,743
  • Dec 28, 2006 11:18am Dec 28, 2006 11:18am
Tomorrow which ever direction the market moves im expecting a giant fade from top or bottom for big boys taking profit it will be friday and last day of the year. I will be disappointed if we dont see 2.0 for gbp and 1.35 in euro its not looken good tho lmao
Ghost Swoopen in for my pips while no one is lookin !!
  • #3,744
  • Dec 28, 2006 11:21am Dec 28, 2006 11:21am
Quoting mtrmth
well, according to some, the u.s. is cooking the books to make the numbers look good. i think it has more to do with countries that hold large amounts of dollars are selling to buy euros since it is so high, making the dollar weaker. my opinion, i could be wrong. what does moneymaster think??
"Cooking the books?" I've never heard of a country trying to do that.
  • #3,745
  • Dec 28, 2006 11:22am Dec 28, 2006 11:22am
Quoting tdion
"Cooking the books?" I've never heard of a country trying to do that.
if anyone would do it it would be the USA we are full of liars and dirty politicians, + it would be a good way to show that the USA isnt going to crash even tho it probably will
Ghost Swoopen in for my pips while no one is lookin !!
  • #3,746
  • Dec 28, 2006 11:23am Dec 28, 2006 11:23am
i like my 5 min chart, looks like jessica simpson!! woohoo!!
  • #3,747
  • Dec 28, 2006 11:26am Dec 28, 2006 11:26am
the japanese do it with the yen all the time, look at the recent scandal in the banking industry. clinton did it in 2000 to get gore elected. china is doing it now. power brings in the cash, and cash brings more power!!! why do you think women flock to wealthy ugly men??
  • #3,748
  • Dec 28, 2006 11:29am Dec 28, 2006 11:29am
Today with hat trick of USD favorable data, GBP still managed to recover losses or USD $ couldn’t gain with stronger than anticipated results. Does any of you think GBP will hit 1.2800+++,as tomorrow is the last trading day for year?

<o> </o>

Wish you all happy prosperous 2007!
BANDA333
  • #3,749
  • Dec 28, 2006 11:51am Dec 28, 2006 11:51am
newest lesson I learned today- put in stops even if you dont leave computer - My comp just froze and wouldn't start up - past my exit point by 38 pips - at 4 lots its a large f--kup. I'm gonna cry.
Man who scratches ass should not bite fingernails
  • #3,750
  • Dec 28, 2006 12:00pm Dec 28, 2006 12:00pm
Quoting SeekingLight
Hey Mike,

congratulations, that was a LOVELY trade!
Seems we now have a full fledged 4h pin bar from that tiny 30M one...you shoulda stayed in with one last bit, we might pin for the day, too

Now, if only I could turn back time...

Best regards,

SeekingLight
hey seeking, I just wanted to get a better price cause i knew this would happen again, like it has been. So i will be keeping an eye for a re-entry short to follow this again. I was looking at that too were always on pretty much same page

best,
Mike
  • #3,751
  • Dec 28, 2006 12:02pm Dec 28, 2006 12:02pm
might be headed back to support at 9600 this afternoon..
probably just freeze at 9625 though
  • #3,752
  • Dec 28, 2006 12:03pm Dec 28, 2006 12:03pm
yep thinking about taking a long on the usd/chf for other reasons but ya I am still thinking short pound either way
  • #3,753
  • Dec 28, 2006 12:09pm Dec 28, 2006 12:09pm
I made a mistake in my last post will GBP hit 1.9800 tomorrow?
Today with hat trick of USD favorable data, GBP still managed to recover losses or USD $ couldn’t gain with stronger than anticipated results. Does any of you think GBP will hit 1.2800+++,as tomorrow is the last trading day for year?

<o> </o>

Wish you all happy prosperous 2007!
<!-- / message --><!-- sig -->
BANDA333
  • #3,754
  • Dec 28, 2006 12:13pm Dec 28, 2006 12:13pm
Quoting BANDA
I made a mistake in my last post will GBP hit 1.9800 tomorrow?
Today with hat trick of USD favorable data, GBP still managed to recover losses or USD $ couldn’t gain with stronger than anticipated results. Does any of you think GBP will hit 1.2800+++,as tomorrow is the last trading day for year?

<o> </o>

Wish you all happy prosperous 2007!
<!-- / message --><!-- sig -->
GBP on 1.28...?
  • #3,755
  • Dec 28, 2006 12:21pm Dec 28, 2006 12:21pm
Quoting Leugimp
newest lesson I learned today- put in stops even if you dont leave computer - My comp just froze and wouldn't start up - past my exit point by 38 pips - at 4 lots its a large f--kup. I'm gonna cry.
Ouch hard lesson to learn. First thing I do is put a stops in it just makes me feel better even though I cry when they hit


Also I have to learn to shut down MT4 sometimes there is a new version update
Greed Kills
  • #3,756
  • Dec 28, 2006 12:35pm Dec 28, 2006 12:35pm
well both the GBP and the Euro have retraced 100 % of there move from the news. What does this mean? The uptrend is very very strong because the news was so dollar strong. Does anyone have any ideas or experience when an important news event gets put right back to where it was before the news? I have no experience but i would say the GBP is going to go up up and away.
Ghost Swoopen in for my pips while no one is lookin !!
  • #3,757
  • Dec 28, 2006 12:42pm Dec 28, 2006 12:42pm
Quoting Miguel
Set And Forget Trade For Me:

Long: @1.9603
Stop: @1.9578
Tp: @ Space

Enough trading for today, gym time.
Back from the gym. Man that was quick profit. It's nice, i like! :
  • #3,758
  • Dec 28, 2006 12:57pm Dec 28, 2006 12:57pm
Quoting Ghostpipper
well both the GBP and the Euro have retraced 100 % of there move from the news. What does this mean? The uptrend is very very strong because the news was so dollar strong. Does anyone have any ideas or experience when an important news event gets put right back to where it was before the news? I have no experience but i would say the GBP is going to go up up and away.
Have a look at the last NFP. If you take the news out, the trend resumed PERFECTLY...

And for today, taking the news out, we have a retracement from today's high. News movement was so fast that it didn't mess with majors indicators in the 1hr chart
  • #3,759
  • Dec 28, 2006 1:26pm Dec 28, 2006 1:26pm
May be a clear pattern indicating a resumption of the uptrend.
Attached Image
  • #3,760
  • Dec 28, 2006 1:36pm Dec 28, 2006 1:36pm
the high of 9648 will hold, get ready for the down move. here we go! close below 38 in next 20 ticks and were off to the 95's
Man who scratches ass should not bite fingernails
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