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Cable Update (GBPUSD)

  • #64,521
  • May 7, 2008 8:28am May 7, 2008 8:28am
Quoting mavewei
Is it good for Cable? Seen Cable is going down n down
Don't stay only with fundamental, Technicals rules a lot of time. Remember that currency could be priced in by the time of the news.
  • #64,522
  • May 7, 2008 8:33am May 7, 2008 8:33am
Moving up to the 15 Min we got a nice little Hammer. looking for this to turn into a morning star.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 45 KB
  • #64,523
  • May 7, 2008 8:36am May 7, 2008 8:36am
Quoting Carrera
LOL long time! Is one of those week that I place so many post.lol Usually I don't post that much.

I will post my chart later. But this movement (short) still strong yet. Maybe 161% is possible. For long we need a bullish candler formation between 127 and 161%.
ok i just take that..
thanks u are great teacher for me..
  • #64,524
  • May 7, 2008 8:36am May 7, 2008 8:36am
Long again 1.9528
  • #64,525
  • May 7, 2008 8:39am May 7, 2008 8:39am
hey boxingislife and warta
good luck to u both in this time

im looking to go long for 30 pips but im trying to figure out a good entry

it seems to be running out of steam as shown in smaller time frames
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,526
  • May 7, 2008 8:42am May 7, 2008 8:42am
Quoting salah k.
hey boxingislife and warta
good luck to u both in this time

im looking to go long for 30 pips but im trying to figure out a good entry

it seems to be running out of steam as shown in smaller time frames
tkx salah and good luck to u too
am waiting too a good entry i think we r in the bottom but waiting a good signal to join long
will see how it can play
cheers
  • #64,527
  • May 7, 2008 8:44am May 7, 2008 8:44am
Long 1.9527.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #64,528
  • May 7, 2008 8:49am May 7, 2008 8:49am
long 9525
  • #64,529
  • May 7, 2008 8:51am May 7, 2008 8:51am
thx guys
they just closed the road here again
gonna be a long night....
im this close to goin back to florida

yea ima buyer for a dozen pips or so
  • #64,530
  • May 7, 2008 8:52am May 7, 2008 8:52am
again nice hummer on H1

let's wait for the news...
Attached Image (click to enlarge)
Click to Enlarge Name: hummer.GIF Size: 22 KB
  • #64,531
  • May 7, 2008 8:54am May 7, 2008 8:54am
Quoting DJ4x
Long again 1.9528
How long will you still keep your longs? I see you have one at 1.9723 I am holding one from 1.9685. Planning to take a long if we go through 1.9550 hopefully will go up to top of 4H trendline!
  • #64,532
  • May 7, 2008 8:57am May 7, 2008 8:57am
Quoting boxingislife
thx guys
they just closed the road here again
gonna be a long night....
im this close to goin back to florida

yea ima buyer for a dozen pips or so
Best of luck to you and Salah keep your heads down. Hope sanity prevails
  • #64,533
  • May 7, 2008 8:57am May 7, 2008 8:57am
Hey, you beat me to the punch on that one. Yep 1 Hr Hammer. We are turning nicely. Hope nothing ruins it.

Quoting magictrader
again nice hummer on H1

let's wait for the news...
  • #64,534
  • May 7, 2008 9:01am May 7, 2008 9:01am
Quoting Runway Trade
How long will you still keep your longs? I see you have one at 1.9723 I am holding one from 1.9685. Planning to take a long if we go through 1.9550 hopefully will go up to top of 4H trendline!
I start getting stressed near the near 250 pip level. I will look for poosible scale out positions after that point only.....
  • #64,535
  • May 7, 2008 9:08am May 7, 2008 9:08am
man US news is as expected which is better than last month.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,536
  • May 7, 2008 9:08am May 7, 2008 9:08am
Quoting DJ4x
I start getting stressed near the near 250 pip level. I will look for poosible scale out positions after that point only.....
OK just for some added pressure I added a long at 1.9522 will bail out or hedge if we go below 1.9490 (This one is now gambeling )
  • #64,537
  • May 7, 2008 9:11am May 7, 2008 9:11am
Will Crude Oil Inventories index added more preasure to GBP?
Still seeking a Long entry ...
  • #64,538
  • May 7, 2008 9:11am May 7, 2008 9:11am
Quoting manize
Long 1.9527.
Order Filled. Im here as well.
USD Est Non Mortuus
  • #64,539
  • May 7, 2008 9:15am May 7, 2008 9:15am
Quoting Runway Trade
Best of luck to you and Salah keep your heads down. Hope sanity prevails

thnx bro
i hope sanity prevails too but when the people are hungry they will literally do anything for a couple of bucks no matter who pays them.

guess this life

anyway very tempted to enter llong but pending home sales is relatively a good number
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,540
  • May 7, 2008 9:15am May 7, 2008 9:15am
Quoting Runway Trade
OK just for some added pressure I added a long at 1.9522 will bail out or hedge if we go below 1.9490 (This one is now gambeling )
Definately gambling, definately against the trend, but if you don't accept you've got to do both of those things in this game you'll never place a trade.

Getting tempted / bored to go long to!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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