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Cable Update (GBPUSD)

  • #63,581
  • May 1, 2008 2:42am May 1, 2008 2:42am
anybody is looking for short at 1.9930?
When life gives you lemons, make lemonade
  • #63,582
  • May 1, 2008 2:44am May 1, 2008 2:44am
Quoting DJ4x
oh... missed that boat
you missed the titanic good for you
When life gives you lemons, make lemonade
  • #63,583
  • May 1, 2008 2:45am May 1, 2008 2:45am
diverence on 4 hrs as well ...
i think the wave formation cycle for moving down are in motion now ...
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  • #63,584
  • May 1, 2008 2:52am May 1, 2008 2:52am
The thing I would worry about on a short is it was only the other day we were here attaching this line after a huge drop ,price looks set to confirm line 9 min to go
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,585
  • May 1, 2008 2:55am May 1, 2008 2:55am
Quoting Bones
The thing I would worry about on a short is it was only the other day we were here attaching this line after a huge drop ,price looks set to confirm line 9 min to go
i was thinking the same thing 1hr candle isnt looking great ..
  • #63,586
  • May 1, 2008 2:58am May 1, 2008 2:58am
bears have 3 min to make it bear,lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,587
  • May 1, 2008 2:59am May 1, 2008 2:59am
i been long 9853 hope im not wrong, lol
If I Go Broke Trying Then I Will die happy.
  • #63,588
  • May 1, 2008 3:01am May 1, 2008 3:01am
this will so road today

11:30am GBP http://www.forexfactory.com/images/m...mpact_high.gif Manufacturing PMI
29 minutes to that
  • #63,589
  • May 1, 2008 3:07am May 1, 2008 3:07am
Quoting nAVIN2007
i was thinking the same thing 1hr candle isnt looking great ..
this big drop was because of the $, look at EU and gold. What we learn about this sell off is that the pound is very bullish they want it to stay above the TL pointing north.

I would not take a short but i agree that in the liquidity of this market volatility is flying good day for options traders =)
  • #63,590
  • May 1, 2008 3:11am May 1, 2008 3:11am
5 min view looks bullish.Still needs to break the 1 hour TL though
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,591
  • May 1, 2008 3:18am May 1, 2008 3:18am
Quoting Moe
i been long 9853 hope im not wrong, lol
hope this hold for 200 pips up.
If I Go Broke Trying Then I Will die happy.
  • #63,592
  • May 1, 2008 3:33am May 1, 2008 3:33am
Quoting Moe
hope this hold for 200 pips up.

i doubt it man
  • #63,593
  • May 1, 2008 3:35am May 1, 2008 3:35am
So the UK number is a bit better than expected. Where do you think this puppy is going?
Expected the unexpected
  • #63,594
  • May 1, 2008 3:35am May 1, 2008 3:35am
Quoting nAVIN2007
i doubt it man
why because your short?
If I Go Broke Trying Then I Will die happy.
  • #63,595
  • May 1, 2008 3:37am May 1, 2008 3:37am
chances area its gonna break
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #63,596
  • May 1, 2008 3:38am May 1, 2008 3:38am
Quoting Moe
why because your short?
what the best TP for GBPUSD?
how far it will climb up? 1.9000? isn't it will reach that soon?
  • #63,597
  • May 1, 2008 3:40am May 1, 2008 3:40am
Quoting Moe
why because your short?
the trend is down, and price is in a cycle lower highs
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  • #63,598
  • May 1, 2008 3:40am May 1, 2008 3:40am
Quoting Ultraman
what the best TP for GBPUSD?
how far it will climb up? 1.9000? isn't it will reach that soon?
Do you mean 1.9900?
Expected the unexpected
  • #63,599
  • May 1, 2008 3:41am May 1, 2008 3:41am
Quoting Ultraman
what the best TP for GBPUSD?
how far it will climb up? 1.9000? isn't it will reach that soon?
ah, 1.9000
If I Go Broke Trying Then I Will die happy.
  • #63,600
  • May 1, 2008 3:41am May 1, 2008 3:41am
Quoting scyang
Do you mean 1.9900?
yup, isn't it's be reach soon?
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