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Cable Update (GBPUSD)

  • #64,661
  • May 7, 2008 7:51pm May 7, 2008 7:51pm
Quoting plumiash
ok, i'll take a risk, for buy @ 1.9510, i hope could release it @ 1.9590, but will keep watching 9540 level..

phew.. busy day..
wow dude thats a big risk
I'd be really surprised if we see 9590 be4 news

good luck
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #64,662
  • May 7, 2008 8:04pm May 7, 2008 8:04pm
Quoting salah k.
wow dude thats a big risk
I'd be really surprised if we see 9590 be4 news

good luck
thank you.. i'm already slide my SL to BEP..
it's hard move..

anyone know when the MPC Rate Statement will release?
  • #64,663
  • Edited 10:00pm May 7, 2008 8:20pm | Edited 10:00pm
I don't care the other news. I am waiting for H4 candle open/close beyond 1.9501 - 1.9541 to get the strong trend to open a trade. It is the only news I believe. H1 also can be used to detect the trend , but sometimes failed... hmmm said the success/fail ratio 2:2 to 3 :1. So H4 action is my choice to trade. Maybe late to scrab huge profits but more better late with a few profits than got nothing or even got loss.
Attached Image
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #64,664
  • May 7, 2008 8:58pm May 7, 2008 8:58pm
haha.. i'm quit.. @ BEP.. lol
  • #64,665
  • May 7, 2008 9:18pm May 7, 2008 9:18pm
Quoting plumiash
haha.. i'm quit.. @ BEP.. lol
Wise decission. Do not trade when doubtfull !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #64,666
  • May 7, 2008 10:00pm May 7, 2008 10:00pm
Check it out.
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  • #64,667
  • May 8, 2008 12:00am May 8, 2008 12:00am
Quoting Carrera
Check it out.

I saw the same thing and spot on, I am long at 1.9508.
The quality of your life is brought about by the quality of your thinking.
  • #64,668
  • May 8, 2008 12:08am May 8, 2008 12:08am
Quoting Carrera
Check it out.
it bounce several times in the last 7 hours..

in my chart 1.9503 is the first support for today before 1.9446..
  • #64,669
  • May 8, 2008 12:30am May 8, 2008 12:30am
Morning all! Strong MACD divergance from 1H & 30M. I think rate hold was priced in yesterday, bottom of 4H channel kinda morning star doji on 4H. Still think we going north
  • #64,670
  • May 8, 2008 1:24am May 8, 2008 1:24am
Yesterday, Cable has broken major uptrend from April 2006.

Today, I am lookind to Sell 1.9540/1.9560
or a break of 1.9500.

Target 1.9350
  • #64,671
  • May 8, 2008 2:00am May 8, 2008 2:00am
Yesterday I told so, and was wrong, this time I hope to be right
Jesus Christ is my only Lord !
  • #64,672
  • May 8, 2008 2:03am May 8, 2008 2:03am
This channel is why I dont think we will be going down. I am still long biast to 1.9800 today or tomorrow. Fundies have already been priced in yesterday. MHO
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  • #64,673
  • May 8, 2008 2:10am May 8, 2008 2:10am
Quoting hipcio
Yesterday I told so, and was wrong, this time I hope to be right
Just out of interest why an hour?
  • #64,674
  • May 8, 2008 2:15am May 8, 2008 2:15am
Maybe MPC Rate Statement will release an hour later.
  • #64,675
  • May 8, 2008 2:33am May 8, 2008 2:33am
Quoting Runway Trade
Just out of interest why an hour?
I Have found it in I-Ching by Doris Halim
Jesus Christ is my only Lord !
  • #64,676
  • May 8, 2008 2:37am May 8, 2008 2:37am
Quoting Runway Trade
Just out of interest why an hour?
It is here:
http://www.forexfactory.com/showthread.php?p=1986697
Jesus Christ is my only Lord !
  • #64,677
  • May 8, 2008 2:38am May 8, 2008 2:38am
Cable going up??
  • #64,678
  • May 8, 2008 2:40am May 8, 2008 2:40am
hmmmm
Morning Guys, I see we still ranging from last night.... Well holding all my long positions still.... lets see what today brings.... BTW Runway, I agree that rate cut was priced in yesterday, but what do I know
Have to go back to work now, so check back with u guys in about hour or two
Happy trading
  • #64,679
  • May 8, 2008 3:13am May 8, 2008 3:13am
Took the 04.00 trigger for another buy,

I calculated as if my previous entry had been stopped out. So still only 5% risk.

Now I have 140 lots long...fingers crossed !
The quality of your life is brought about by the quality of your thinking.
  • #64,680
  • May 8, 2008 3:14am May 8, 2008 3:14am
not sure where these guys came from ....bullish moves comes from nowhere .i was really hoping that the 4 hr chart would have given a morning star pattern ..id feel much better about the long ...

now im thinking retracement to 38% level around 1.9600 mark and then down

what we thinking?
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