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Cable Update (GBPUSD)

  • #56,161
  • Feb 27, 2008 3:09am Feb 27, 2008 3:09am
http://fxsol.com/contest/test-drive/leader-board.html
If I Go Broke Trying Then I Will die happy.
  • #56,162
  • Feb 27, 2008 3:09am Feb 27, 2008 3:09am
Quoting makey2u
lol ifthey have to sell it, it aint a system, its a scam.

Oh by the way Salah my TP is 9795.
gotta tell u man u hit were it hurts
congrats
hope it hits ur tp today
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,163
  • Edited 3:19am Feb 27, 2008 3:12am | Edited 3:19am
Just my two cents worth....on such a proven bullish run, don't take the possibility of a retracement as a trade direction...wait for the retracement, and then re-enter on the original trend direction, if the retracement don't come, then, treat it as a consolidation break out...easy to say, hard to do
What it says to me is that most traders, being institutional or otherwise, did not cover their positions, rather they held on to their longs, which means they're looking at a different target level not reached yet...take a look at the daily right now...
This applies to prior to european open...
Biggest joker
  • #56,164
  • Feb 27, 2008 3:15am Feb 27, 2008 3:15am
are this a real down?
  • #56,165
  • Feb 27, 2008 3:15am Feb 27, 2008 3:15am
geppy is falling hard
2 dollars in 20 minutes
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,166
  • Feb 27, 2008 3:17am Feb 27, 2008 3:17am
Quoting baron193
Just my two cents worth....on such a proven bullish run, don't take the possibility of a retracement as a trade direction...wait for the retracement, and then re-enter on the original trend direction, if the retracement don't come, then, treat it as a consolidation break out...easy to say, hard to do
What it says to me is that most traders, being institutional or otherwise, did not cover their positions, rather they held on to their longs, which means they're looking at a different target level not reached yet...take a look at the daily right now...
i never thought of it that way.
thnx for the advice
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,167
  • Feb 27, 2008 3:18am Feb 27, 2008 3:18am
Quoting salah k.
geppy is falling hard
2 dollars in 20 minutes
scary.
If I Go Broke Trying Then I Will die happy.
  • #56,168
  • Feb 27, 2008 3:22am Feb 27, 2008 3:22am
Quoting Moe
scary.
well i was told that they have 90% intraday corelation so im thinking cable fell because of that because if u notice euro is still high.

Ameritini u r the man.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,169
  • Feb 27, 2008 3:22am Feb 27, 2008 3:22am
welcome..set ur belt tight..
  • #56,170
  • Feb 27, 2008 3:23am Feb 27, 2008 3:23am
GDP is coming, nice movement downwards. My long went to hell with only small profit.

Moral of the day - dont go to make a cup of coffe during these crazy days
  • #56,171
  • Feb 27, 2008 3:25am Feb 27, 2008 3:25am
Quoting sDRs
GDP is coming, nice movement downwards. My long went to hell with only small profit.

Moral of the day - dont go to make a cup of coffe during these crazy days
If I Go Broke Trying Then I Will die happy.
  • #56,172
  • Feb 27, 2008 3:28am Feb 27, 2008 3:28am
Personaly i thought it would make it to 2.0040 it might yet,
but if the indices start falling out of the sky, you can forget about that.
Welcome Salah.
Biggest joker
  • #56,173
  • Feb 27, 2008 3:28am Feb 27, 2008 3:28am
Euro against Dollar is all years high, Gold is all years high - it wont last long, becouse everyone wants to buy when retracement finishes, so it will be.

GDP is coming !!
  • #56,174
  • Feb 27, 2008 3:29am Feb 27, 2008 3:29am
The drop was because of the earthquake in U.K.
  • #56,175
  • Feb 27, 2008 3:30am Feb 27, 2008 3:30am
i think GU has done it's correction...we will wait the next few hours what will happen..
  • #56,176
  • Feb 27, 2008 3:32am Feb 27, 2008 3:32am
Last months high has been broken, (Job Done) but really I’m not seeing a close above it this week that’s why I sold the rejection ,lets see what the news brings us,
Im thinking retrace.
Im also thinking a break and close on daily over last month high is gonna shoot this to the sky,but shes a bit streched for that isnt she?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #56,177
  • Feb 27, 2008 3:34am Feb 27, 2008 3:34am
CNBC:
US interest rate expectations for march are no cut

thats unlikely to happen
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #56,178
  • Feb 27, 2008 3:34am Feb 27, 2008 3:34am
Quoting Daisygirl
The drop was because of the earthquake in U.K.
LOL, now that's funny... the earthquake took place like 9 hours ago.
  • #56,179
  • Feb 27, 2008 3:34am Feb 27, 2008 3:34am
Quoting Bones
Last months high has been broken, (Job Done) but really I’m not seeing a close above it this week that’s why I sold the rejection ,lets see what the news brings us,
Im thinking retrace.
Im also thinking a break and close on daily over last month high is gonna shoot this to the sky,but shes a bit streched for that isnt she?
Good on ya bones, we're both riding the pig now
And your mouth dropped
  • #56,180
  • Feb 27, 2008 3:34am Feb 27, 2008 3:34am
Not quite bad for Uk, but not good as well.

Till daily pivot its still north.
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