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Cable Update (GBPUSD)

  • #43,941
  • Dec 11, 2007 3:09am Dec 11, 2007 3:09am
Quoting AmeriTrini
it looks like we have a short term downtrend forming, who agrees!!
Nope
  • #43,942
  • Dec 11, 2007 3:09am Dec 11, 2007 3:09am


If i'm not mistaken yesterday i told McDonald to close his long position at 2.0505 and i see that was the perfect trade for him.
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,943
  • Dec 11, 2007 3:12am Dec 11, 2007 3:12am
Quoting AmeriTrini
it looks like we have a short term downtrend forming, who agrees!!
I'm 50-50 right now.
You might be correct.. short term also long term!!
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,944
  • Dec 11, 2007 3:14am Dec 11, 2007 3:14am
Quoting AmeriTrini
it looks like we have a short term downtrend forming, who agrees!!
runwaytrade noticed a outside reversal on the 1hr...also, we have hit a 50%fibo from 2.0217 to 2.0518....i like the pound short ...next target 2.0440/20/00/385....looking for follow thru...

mm
He who hesitates is hesitant....which always leads to bad entries.
  • #43,945
  • Dec 11, 2007 3:15am Dec 11, 2007 3:15am
GBP is fu...ng strong looks like 2.0450 must be hited then i start looking SHORT s .
  • #43,946
  • Dec 11, 2007 3:15am Dec 11, 2007 3:15am
Quoting Qu|cksilver
I'm 50-50 right now.
You might be correct..
ill wait till news time!
  • #43,947
  • Dec 11, 2007 3:18am Dec 11, 2007 3:18am
but... im still not confidence with the short.

I'm out..
"Invest With The Insiders, Not The Masses" George Muzea
  • #43,948
  • Dec 11, 2007 3:19am Dec 11, 2007 3:19am
Quoting AmeriTrini
ill wait till news time!
Then you coming with me 3 min before NEWs LONGs ?
  • #43,949
  • Dec 11, 2007 3:20am Dec 11, 2007 3:20am
Quoting AmeriTrini
ill wait till news time!
for long?

11 minutes to go..
  • #43,950
  • Dec 11, 2007 3:20am Dec 11, 2007 3:20am
BOMB timer shows 10 minutes more
  • #43,951
  • Dec 11, 2007 3:24am Dec 11, 2007 3:24am
i am keeping with my long -
  • #43,952
  • Dec 11, 2007 3:27am Dec 11, 2007 3:27am
Im LONG in 2.0467
  • #43,953
  • Dec 11, 2007 3:30am Dec 11, 2007 3:30am
BOOOOOOOOOOOOM
  • #43,954
  • Dec 11, 2007 3:32am Dec 11, 2007 3:32am
Quoting Designer1
i am keeping with my long -
agree and bank.. 10 pipss...
  • #43,955
  • Dec 11, 2007 3:34am Dec 11, 2007 3:34am
News was good...add to this a good cut from feds today.....to the moon
"Lunch ? Lunch Is For Wimps !"
  • #43,956
  • Dec 11, 2007 3:36am Dec 11, 2007 3:36am
we going hit 2.0525
  • #43,957
  • Dec 11, 2007 3:37am Dec 11, 2007 3:37am
started several lots at 2.0502.. put my stop loss at 2.0380 after I saw hungry $ now back to where I started the day.....

why forex should be so difficult sometimes...
  • #43,958
  • Dec 11, 2007 3:40am Dec 11, 2007 3:40am
Quoting forexguru
started several lots at 2.0502.. put my stop loss at 2.0380 after I saw hungry $ now back to where I started the day.....

why forex should be so difficult sometimes...
you are crazy man...forget about it, I tought you were going short, you are long, right
"Lunch ? Lunch Is For Wimps !"
  • #43,959
  • Dec 11, 2007 3:40am Dec 11, 2007 3:40am
Quoting MrFuture
you are crazy man...
I know.. but how do u know?
  • #43,960
  • Dec 11, 2007 3:41am Dec 11, 2007 3:41am
Hi every one... the news doesn't show any effect on the market. So any one here got any comment about it? Short or long for tonight?
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