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Cable Update (GBPUSD)

  • #47,861
  • Jan 3, 2008 1:51am Jan 3, 2008 1:51am
Quoting Designer1
i think looking for 9754 to 9760 in this numbers cable will go up
conversely if it doesn't hold then cable's gonna go even further down.

my shorts are looking good.
  • #47,862
  • Jan 3, 2008 1:53am Jan 3, 2008 1:53am
Quoting anyhowtrade
conversely if it doesn't hold then cable's gonna go even further down.

my shorts are looking good.
it will hold because U.S. data will be terrible.
  • #47,863
  • Jan 3, 2008 2:25am Jan 3, 2008 2:25am
Get ready for long...
Buy at dip
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,864
  • Jan 3, 2008 2:26am Jan 3, 2008 2:26am
closed my short @ 1.9782 with 45+ pips

what about u Qs
  • #47,865
  • Jan 3, 2008 2:29am Jan 3, 2008 2:29am
Quoting deboooo2005
closed my short @ 1.9782 with 45+ pips

what about u Qs
i close at 35pips profit
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,866
  • Jan 3, 2008 2:31am Jan 3, 2008 2:31am
you covered ur shorts...?? 1.9880 good level to buy rite
  • #47,867
  • Jan 3, 2008 2:33am Jan 3, 2008 2:33am
Price standing on W s1 right now (.9782), and my broker says they got bids @ .9775, so if price touches that lvl we could see more downside.
Measure twice, cut once
  • #47,868
  • Jan 3, 2008 2:34am Jan 3, 2008 2:34am
0ops sorry i meant 1.9780....
  • #47,869
  • Jan 3, 2008 2:35am Jan 3, 2008 2:35am
shit.. why did i close too early...
cable drop hard!!!
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,870
  • Jan 3, 2008 2:38am Jan 3, 2008 2:38am
hmm... next support people... ?
  • #47,871
  • Jan 3, 2008 2:39am Jan 3, 2008 2:39am
Quoting Qu|cksilver
Get ready for long...
Buy at dip
Hello,

what are you referring to when you say "Buy AT DIP" ? I read this thread a lot, and I see you using that term quite often, although I don't know for sure what it means !

Thanks in advance.
  • #47,872
  • Jan 3, 2008 2:39am Jan 3, 2008 2:39am
shit!!
  • #47,873
  • Jan 3, 2008 2:39am Jan 3, 2008 2:39am
Quoting bhesania
hmm... next support people... ?
9737
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,874
  • Jan 3, 2008 2:39am Jan 3, 2008 2:39am
Quoting Hansbrocks
Hello,

what are you referring to when you say "Buy AT DIP" ? I read this thread a lot, and I see you using that term quite often, although I don't know for sure what it means !

Thanks in advance.
are you joking?
  • #47,875
  • Jan 3, 2008 2:40am Jan 3, 2008 2:40am
Quoting Hansbrocks
Hello,

what are you referring to when you say "Buy AT DIP" ? I read this thread a lot, and I see you using that term quite often, although I don't know for sure what it means !

Thanks in advance.
buy at dip means buy from low/bottom
"Invest With The Insiders, Not The Masses" George Muzea
  • #47,876
  • Jan 3, 2008 2:40am Jan 3, 2008 2:40am
my nearest support is 1.9755.

yet to close my short on cable.
  • #47,877
  • Jan 3, 2008 2:41am Jan 3, 2008 2:41am
cable has probably reached a low for today...........
  • #47,878
  • Jan 3, 2008 2:43am Jan 3, 2008 2:43am
long Gu Long
  • #47,879
  • Jan 3, 2008 2:46am Jan 3, 2008 2:46am
Looking back from May 14th 2006 (where the pair started the long term uptrend) 1,9757.... I added one more for long position... I mean we might be going back and forth between 1.9700 and 2.000 within this month.
  • #47,880
  • Jan 3, 2008 2:48am Jan 3, 2008 2:48am
covered my shorts for cable and usd/chf for 67 pips.

that strong upside momentum caught me by surprise.
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