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Cable Update (GBPUSD)

  • #52,021
  • Feb 5, 2008 4:28am Feb 5, 2008 4:28am
Anyone going long now???
I just went long from 1.9676..
"Invest With The Insiders, Not The Masses" George Muzea
  • #52,022
  • Feb 5, 2008 4:30am Feb 5, 2008 4:30am
Quoting Abuawad
it's fine with me i'm long from 1.9689 and take my first profit at 1.9711, and open short from that point until now
long +22 pip
and i close the short here 1.9668 with +43 pip
  • #52,023
  • Feb 5, 2008 4:30am Feb 5, 2008 4:30am
Quoting Qu|cksilver
Anyone going long now???
I just went long from 1.9676..
just add one at 1.9680, to 1.9750 and 1.9820
  • #52,024
  • Feb 5, 2008 4:32am Feb 5, 2008 4:32am
seeing the resilience of the pound at 1.9680 while EUR getting pounded, I have to turn bull on GBP, my bear view was wrong.
  • #52,025
  • Feb 5, 2008 4:35am Feb 5, 2008 4:35am
Quoting traderchan
seeing the resilience of the pound at 1.9680 while EUR getting pounded, I have to turn bull on GBP, my bear view was wrong.
euro hasn't stood the test of time my friend, the GBP has.
  • #52,026
  • Feb 5, 2008 4:36am Feb 5, 2008 4:36am
Quoting Qu|cksilver
Anyone going long now???
I just went long from 1.9676..
Welcome back, QuickSilver!
So glad to hear from you again!
  • #52,027
  • Feb 5, 2008 4:38am Feb 5, 2008 4:38am
Abuawad are you long from 1.9689?

seems like golatigo analysis is working at the moment.

anyways all the best every body
  • #52,028
  • Feb 5, 2008 4:39am Feb 5, 2008 4:39am
Quoting JanPoko
Welcome back, QuickSilver!
So glad to hear from you again!
Thanks Janpoko...

You long or short?
"Invest With The Insiders, Not The Masses" George Muzea
  • #52,029
  • Feb 5, 2008 4:42am Feb 5, 2008 4:42am
I will go long in GBP/USD if it crosses 1.9710 .. But right now its bearish and i see it to falll towards 1.9640 levels.
  • #52,030
  • Feb 5, 2008 4:49am Feb 5, 2008 4:49am
Quoting jacobtrader
I will go long in GBP/USD if it crosses 1.9710 .. But right now its bearish and i see it to falll towards 1.9640 levels.
yes i think you can expect that! if you see it looks like the market is over from the long (upyt 24hr) consolodation process, it's looking to go down finally...it sould be gr8 to see a siginifiant downtrend build up and hope no news effects this...
I believe . . .
  • #52,031
  • Feb 5, 2008 4:51am Feb 5, 2008 4:51am
Quoting w4533m
Abuawad are you long from 1.9689?

seems like golatigo analysis is working at the moment.

anyways all the best every body
No that order close at 1.9711
but yes i'm long for new order from 1.9680
  • #52,032
  • Feb 5, 2008 4:58am Feb 5, 2008 4:58am
Quoting Qu|cksilver
Thanks Janpoko...

You long or short?
I am out and watching.
The dive was so enormous and unexpected (by me) that I still do not have courage to enter. There must be something hidden behind the fall (at least hidden to me)...
  • #52,033
  • Feb 5, 2008 4:59am Feb 5, 2008 4:59am
Quoting golatigo
short g/u 9707 tp 9600
short e/u 4720 tp 4600

we'll see
:surprised
  • #52,034
  • Feb 5, 2008 5:09am Feb 5, 2008 5:09am
Quoting JanPoko
I am out and watching.
The dive was so enormous and unexpected (by me) that I still do not have courage to enter. There must be something hidden behind the fall (at least hidden to me)...
the fall was led by a bounce in $yen followed by the plunge in euro. Compared to euro, the fall in pound is nothing significant.
  • #52,035
  • Feb 5, 2008 5:09am Feb 5, 2008 5:09am
Quoting Abuawad
:surprised
trailing stop got me for only +10
may jump back short again soon or maybe just go to bed - 3am here
e/u short still active - also have t s on it (+32 now)

still think g/u will hit 9600 by thursday

just my opinion / i do wish positive pips on everyone though
  • #52,036
  • Feb 5, 2008 5:11am Feb 5, 2008 5:11am
Quoting Abuawad
No that order close at 1.9711
but yes i'm long for new order from 1.9680

Cooool i like that close the long from 1.9680 on 1.9711 with +31 pip
and open another short from 1.9708
  • #52,037
  • Feb 5, 2008 5:15am Feb 5, 2008 5:15am
Quoting Abuawad
Cooool i like that close the long from 1.9680 on 1.9711 with +31 pip
and open another short from 1.9708
ok close the short at 1.9684 with +24 pip

and out the trading to see what happen here!!
  • #52,038
  • Feb 5, 2008 5:21am Feb 5, 2008 5:21am
Quoting JanPoko
I am out and watching.
The dive was so enormous and unexpected (by me) that I still do not have courage to enter. There must be something hidden behind the fall (at least hidden to me)...
I’m not that experience in gold affect on cable is there any effect for it because the gold ounce’s price now 889.75 $ drop from 893.75$
  • #52,039
  • Feb 5, 2008 5:33am Feb 5, 2008 5:33am
Quoting Abuawad
I’m not that experience in gold affect on cable is there any effect for it because the gold ounce’s price now 889.75 $ drop from 893.75$
I'm also still a newbie but wouldn't it be strange if the price of gold affect this pair?
  • #52,040
  • Feb 5, 2008 5:38am Feb 5, 2008 5:38am

Just simply check whats against EUR and GOLD..
A currency known as DOLLAR...

Now if DOLLAR IS Strong.. what will happen?? you should know the answer
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