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Cable Update (GBPUSD)

  • #57,441
  • Mar 6, 2008 5:38pm Mar 6, 2008 5:38pm
7-3-2008
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  • #57,442
  • Mar 6, 2008 9:06pm Mar 6, 2008 9:06pm
could we see 2.0400
If I Go Broke Trying Then I Will die happy.
  • #57,443
  • Mar 6, 2008 9:09pm Mar 6, 2008 9:09pm
Quoting Moe
could we see 2.0400
I`m asking the same question
  • #57,444
  • Mar 6, 2008 9:20pm Mar 6, 2008 9:20pm
Yeh, that was a mistake as I see it. He shared a lot of his free time with all of us. IMO



Quoting Moe
why did fxdaily get ban?
  • #57,445
  • Mar 6, 2008 10:06pm Mar 6, 2008 10:06pm
Its quiet even in here.. somebody do something

PS 4 Karmostaji>
JPY IR announced flat, no changes.
The pair is as silent as a dead man, maybe i'll scalp some GJ in the meanwhile while the cable players wake up
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  • #57,446
  • Mar 6, 2008 10:20pm Mar 6, 2008 10:20pm
Quoting abuzant
Its quiet even in here.. somebody do something

PS 4 Karmostaji>
JPY IR announced flat, no changes.
The pair is as silent as a dead man, maybe i'll scalp some GJ in the meanwhile while the cable players wake up
wait till n.f.p
If I Go Broke Trying Then I Will die happy.
  • #57,447
  • Mar 6, 2008 10:21pm Mar 6, 2008 10:21pm
Ohh.. Someone is alive, hi Moe.
N.F.P. is gonna be a little scary this time, expect some fireworks i bet :-|
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  • #57,448
  • Mar 6, 2008 10:23pm Mar 6, 2008 10:23pm
Quoting abuzant
Ohh.. Someone is alive, hi Moe.
N.F.P. is gonna be a little scary this time, expect some fireworks i bet :-|
scary indeed as you know anything can happen, im thinking this thing can hit 2.0400 what you think
If I Go Broke Trying Then I Will die happy.
  • #57,449
  • Mar 6, 2008 10:26pm Mar 6, 2008 10:26pm
b.t.w im still long at 1.9739, i did close some of my position at 2.0000, im a swing trader so i go for 100+ pips per trade.
If I Go Broke Trying Then I Will die happy.
  • #57,450
  • Mar 6, 2008 10:32pm Mar 6, 2008 10:32pm
enjoy your pips guys, gots to get ready for the big N.F.P. day.
If I Go Broke Trying Then I Will die happy.
  • #57,451
  • Mar 6, 2008 10:32pm Mar 6, 2008 10:32pm
being long since 1.97xx is something nice of course.. if you have that in one piece, split-close volumes as you go.. if not, keep the longs open until a reversal signal appears on H4/D1 chart and start taking small shorts on the run; the shorts will hedge losses for the longs if the market drops and still be there for you covered and waiting for the soon-waited reversal.

I wish this makes any sense :> Good luck wither ways.
PS> Yes, i do believe in 2.0400, it would be even fair enough to say 2.1xxx is also expected on a little longer term, but do not be expecting that easily, swing-traders like yourself will enjoy the run-aways up and down till we reach that figure.. (See charts for 'Sept 30->Oct 30 2007' an example)
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  • #57,452
  • Mar 6, 2008 10:34pm Mar 6, 2008 10:34pm
If I Go Broke Trying Then I Will die happy.
  • #57,453
  • Mar 6, 2008 11:10pm Mar 6, 2008 11:10pm
Quoting Moe
b.t.w im still long at 1.9739, i did close some of my position at 2.0000, im a swing trader so i go for 100+ pips per trade.

100+ pips per trade..........
  • #57,454
  • Mar 6, 2008 11:41pm Mar 6, 2008 11:41pm
We expect serious news today more of bad news for the USD which will move the cable to the north pole. spikes will show off today. so be expectant...

Good luck to guys like us that entered long since 1.98XX. more pips to your account. Laterz
  • #57,455
  • Mar 7, 2008 2:59am Mar 7, 2008 2:59am
yeah and also the monthly chart predicted a bullish month for cable ..this ppuppy can go on for miles now...we we see 2.0423 we will be in a uptrend channel and sky really will be the limit ..
  • #57,456
  • Mar 7, 2008 3:07am Mar 7, 2008 3:07am
Quoting nAVIN2007
yeah and also the monthly chart predicted a bullish month for cable ..this ppuppy can go on for miles now...we we see 2.0423 we will be in a uptrend channel and sky really will be the limit ..
i dont know about that buddy i am long since 9932 but im getting ready to close any second. my s/l is at 2.0000

just dont get ur hopes too high we might see dollar rebound strongly.that might kill cables uptrend.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #57,457
  • Mar 7, 2008 3:09am Mar 7, 2008 3:09am
salah what i have found is when u trade u should focus on the technicals around news....and trade accordingly the big biys in here do this bearing in mind fundamentals for longer term...like moe, bullrock and ameri.....its the only way they can hold there positions with confidence and tons of money ..this is something which we can all need to learn from them cause i doubt they even incurred loses in the last 2 weeks....
  • #57,458
  • Edited 3:25am Mar 7, 2008 3:14am | Edited 3:25am
Quoting salah k.
i dont know about that buddy i am long since 9932 but im getting ready to close any second. my s/l is at 2.0000

just dont get ur hopes too high we might see dollar rebound strongly.that might kill cables uptrend.
america data isnt good ..theres a recession, theres a lot of issues, i think the fumamentals are now kicking in....remember that monthly chart its all comming together...all im saying is u never know and dont short unless u have a signal on a high time frame to suggest a reversal...
I know we have a lot of bullish candles and u have to expect a bearish candle on daily but i think we are only really going up! ...it shall be interesting to see..
  • #57,459
  • Mar 7, 2008 3:22am Mar 7, 2008 3:22am
lessy buddy i going live next week ...
  • #57,460
  • Mar 7, 2008 3:40am Mar 7, 2008 3:40am
i don't know about that limit, but i'm looking forward to 1.86 this year.

Quoting nAVIN2007
yeah and also the monthly chart predicted a bullish month for cable ..this ppuppy can go on for miles now...we we see 2.0423 we will be in a uptrend channel and sky really will be the limit ..
Nihil Sine Deo.
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