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Cable Update (GBPUSD)

  • #40,161
  • Nov 20, 2007 5:08am Nov 20, 2007 5:08am
Quoting Qu|cksilver
What about this? i don't think this will equal to 2 lots
I always use my brain when it comes to money management.

Ah ok. So that first trade you did of 6x164pips.

What was the percentage risked on that trade? 3%?

Or was it 6 x 0.5% .. which makes 3%... which means it's 164pips made on 3% risked.
  • #40,162
  • Nov 20, 2007 5:10am Nov 20, 2007 5:10am
Think they're might be a short setting up here - any1 agree?
  • #40,163
  • Nov 20, 2007 5:38am Nov 20, 2007 5:38am
All trading wil be today about FOMC Meeting Minutes, cut the rates or not?
  • #40,164
  • Nov 20, 2007 5:39am Nov 20, 2007 5:39am
Quoting notme32
Add long at 497....... target 640...

SH.....OR ...........T................

my bear is wake up again..........

i agree with SH GU SHO.......rt targeting 520 today...just hope......
I Deeply Love My Virtual Life In Virtual World , RLC
  • #40,165
  • Nov 20, 2007 5:52am Nov 20, 2007 5:52am
My current outlook: Long above 2.0583 with targets @ 2.0724 & 2.0749

Alternative: Below 2.0583 look for further downside with 2.0559 & 2.0535

Take it with a grain of salt though.....
  • #40,166
  • Nov 20, 2007 5:59am Nov 20, 2007 5:59am
SHORT :634

Target: 560

  • #40,167
  • Nov 20, 2007 6:33am Nov 20, 2007 6:33am
hi everyone,

I have been doing my local financial markets full time lately, of course been doing FX too.

I thought I should post here so that u people don't forget me, lolz

will keep sharing my monthly results on 1st of every month.

Good to see ya people around, keep the thread kicking, its a great feeling to be a part of this community.

cheers and good luck to all :-)
Hello World!
  • #40,168
  • Nov 20, 2007 6:34am Nov 20, 2007 6:34am
Cable stalling right at the 50EMA in the H4. Same level it stalled and fell from on Nov 14th.

Housing data + Minutes will be the spark for a direction here. 'til then, indecision.

Same for Euro. 4770 is good candidate for (temporary?) top or it's a good point to shoot to the expected 1.50.

After recent ECB statements very likely the market is going to test Trichet & Co's tolerance to pain before intervention.
  • #40,169
  • Nov 20, 2007 6:34am Nov 20, 2007 6:34am
Quoting cesarnc
Cable stalling right at the 50EMA in the H4. Same level it stalled and fell from on Nov 14th.

Housing data + Minutes will be the spark for a direction here. 'til then, indecision.

Same for Euro. 4770 is good candidate for (temporary?) top or it's a good point to shoot to the expected 1.50.

After recent ECB statements very likely the market is going to test Trichet & Co's tolerance to pain before intervention.
1.50
Patience + Humility + Study = Success
  • #40,170
  • Nov 20, 2007 6:37am Nov 20, 2007 6:37am
Quoting Qu|cksilver
What about this? i don't think this will equal to 2 lots
I always use my brain when it comes to money management.
I noticed you sell at very high price 2.0658
Would you teach me how to sell at very high price and buy very low price?
  • #40,171
  • Nov 20, 2007 6:40am Nov 20, 2007 6:40am
Quoting DutchTrader
1.50
Asking or affirming? :
  • #40,172
  • Nov 20, 2007 6:43am Nov 20, 2007 6:43am
Quoting cesarnc
Asking or affirming? :

Aye, Aye my Captain, full speed ahead to 1.50!!!
Patience + Humility + Study = Success
  • #40,173
  • Nov 20, 2007 6:50am Nov 20, 2007 6:50am
Quoting DutchTrader
Aye, Aye my Captain, full speed ahead to 1.50!!!
Ok then.

I'll set TP at 1.4999 for the fun of it and not to be pointed out as accomplice to this torture to ECB at 1.50.

  • #40,174
  • Nov 20, 2007 6:54am Nov 20, 2007 6:54am
Quoting cesarnc
Ok then.

I'll set TP at 1.4999 for the fun of it and not to be pointed out as accomplice to this torture to ECB at 1.50.

I'm in vigorous "buy dips" mode
Patience + Humility + Study = Success
  • #40,175
  • Nov 20, 2007 7:02am Nov 20, 2007 7:02am
Cable has been in a range since 1983 It has finally broken the resistance line at 2.01 which means a continued up trend until we break the all time high.
2.46 HERE WE COME!!!!!!!*

Soros Jr style baby!

*Disclaimer
This is not a real call, therefore I am excluded from any consideration of being in the hall of shame as this is a DEMO call and not a live call.
This message is not endorsed by BWR Inc or any of its affiliates.
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Just Trade It
  • #40,176
  • Nov 20, 2007 7:41am Nov 20, 2007 7:41am
long GU long!
  • #40,177
  • Nov 20, 2007 7:45am Nov 20, 2007 7:45am
the price is fighting over the resistance..
  • #40,178
  • Nov 20, 2007 7:47am Nov 20, 2007 7:47am
Quoting hijackxx@hotmai
the price is fighting over the resistance..
The US housing turn out quite OK. What next ..short??
  • #40,179
  • Nov 20, 2007 8:03am Nov 20, 2007 8:03am
Quoting fxcritic
The US housing turn out quite OK. What next ..short??
Euro past 1.48. Dragging everybody with it, in spite of news and all...

When the traders have an agenda, they put it into play. Whatever the rumours and gossips and news and minutes

  • #40,180
  • Nov 20, 2007 8:05am Nov 20, 2007 8:05am
Quoting cesarnc
Euro past 1.48. Dragging everybody with it, in spite of news and all...

When the traders have an agenda, they put it into play. Whatever the rumours and gossips and news and minutes


Makes sense...but there's uncertainty
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