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Cable Update (GBPUSD)

  • #64,461
  • May 7, 2008 3:41am May 7, 2008 3:41am
Got a Hammer forming on the 1 hr, wont be long.
  • #64,462
  • May 7, 2008 3:42am May 7, 2008 3:42am
Good morning traders,

Navin sorry for your lost.
  • #64,463
  • May 7, 2008 3:45am May 7, 2008 3:45am
1st target is 9608
  • #64,464
  • May 7, 2008 3:46am May 7, 2008 3:46am
What happend Nav?
  • #64,465
  • May 7, 2008 3:50am May 7, 2008 3:50am
Quoting hard1head1
Think shes tired Nav, but you never know, its testing the back of S2 Pivot. Lets see if we get a bounce. I puuled all my profit, wont enter short until 9546 is broke. Its a shame you guys dont trade the E/J, it just formed a double top on the 4 Hr
not tired yet bro we still have US numbers.
they might trigger retracement to 9650 or make it hit 94 area
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,466
  • May 7, 2008 3:51am May 7, 2008 3:51am
Quoting hard1head1
What happend Nav?
Family lost.
  • #64,467
  • May 7, 2008 3:52am May 7, 2008 3:52am
Hey salah,
How is trading?
  • #64,468
  • May 7, 2008 3:57am May 7, 2008 3:57am
Hey Guys
Once again I am on the wrong side of a trade. Three longs on 1.9732, 1.9658, 1.9606. Going to have to look at scaling out if it drops much further. Lets see. .... Happy trading
  • #64,469
  • May 7, 2008 4:00am May 7, 2008 4:00am
Quoting Carrera
Good morning traders,

Navin sorry for your lost.
hiii carr...long time no see..
how about your buterfly can we see now?
1.27% fibo was hit.. what your plan now?
  • #64,470
  • Edited 4:16am May 7, 2008 4:04am | Edited 4:16am
Quoting Carrera
Hey salah,
How is trading?

not bad yesterday i entered a 0.1 lot sell position at 9709 yesterday but i had to sleep so i put t/p at 9600 and s/l at 97340 just in case

i was gonna wait till 4:30 like hard1head1 told me but i decided to risk it

i wish i kept my t/p running because i had this gut feeling that we would be seeing 95

hows ur trading buddy
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,471
  • May 7, 2008 4:26am May 7, 2008 4:26am
Dont fight the trend, Guys
  • #64,472
  • May 7, 2008 4:29am May 7, 2008 4:29am
Quoting salah k.
not bad yesterday i entered a 0.1 lot sell position at 9709 yesterday but i had to sleep so i put t/p at 9600 and s/l at 97340 just in case

i was gonna wait till 4:30 like hard1head1 told me but i decided to risk it

i wish i kept my t/p running because i had this gut feeling that we would be seeing 95

hows ur trading buddy
I thought i would risk it as well last night, went short at 1.9705 but i closed a touch too early and lost out on a small amount this morning.

Forex Rookie
"The trend is your friend, until the end."
  • #64,473
  • May 7, 2008 4:37am May 7, 2008 4:37am
Anyone feeling this pair hitting 1.9500 and retracing from there?
  • #64,474
  • May 7, 2008 4:38am May 7, 2008 4:38am
Quoting ForexRookie
I thought i would risk it as well last night, went short at 1.9705 but i closed a touch too early and lost out on a small amount this morning.

Forex Rookie
hey bro dont worry
i cant even count the times that has happened to me.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,475
  • May 7, 2008 4:58am May 7, 2008 4:58am
Quoting maverick
Anyone feeling this pair hitting 1.9500 and retracing from there?
I think cable will retrace around 9600-9501 area to 9750-9800 area and then came back to 9700-9600 area....,cable already saw 9300 area at least and 9500 are the gate
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  • #64,476
  • May 7, 2008 5:06am May 7, 2008 5:06am
Quoting maverick
Anyone feeling this pair hitting 1.9500 and retracing from there?
yeah bro i see at least a 100 pip retracement
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,477
  • May 7, 2008 5:15am May 7, 2008 5:15am
Anyone think the gu will go down once the us news comes out in about 25 mins? I'm clueless at this point.
Don't be afraid to challenge the pros, even in their own backyard.
  • #64,478
  • May 7, 2008 5:16am May 7, 2008 5:16am
hey guys wish us luck
looks like lebanon is on the verge of a civil war.

they are shooting each other on the streets and the army is watching
im thinking of making some popcorn for the army so that they would enjoy theyre fucking stay.

im sorry its out of context but its pissing me off.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,479
  • May 7, 2008 5:19am May 7, 2008 5:19am
Quoting Danger
Anyone think the gu will go down once the us news comes out in about 25 mins? I'm clueless at this point.

depends on the news
if its was good US news i think cable will go down even further
bad US news cable will probably retrace
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,480
  • May 7, 2008 5:22am May 7, 2008 5:22am
Major Daily UTL may come down today, guys.
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