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Cable Update (GBPUSD)

  • #65,501
  • May 13, 2008 3:28am May 13, 2008 3:28am
Quoting hornet
waiting for the right trigger to enter long, if it wasn't for CPI in 5 mins
What level are you targeting? It looks to me that it could go down to 1.9450.
  • #65,502
  • May 13, 2008 3:30am May 13, 2008 3:30am
Quoting maverick
What level are you targeting? It looks to me that it could go down to 1.9450.
1.9575
The quality of your life is brought about by the quality of your thinking.
  • #65,503
  • May 13, 2008 3:31am May 13, 2008 3:31am
I am glad I am not in a trade right now.
  • #65,504
  • May 13, 2008 3:32am May 13, 2008 3:32am
Quoting hornet
1.9575
ooops
The quality of your life is brought about by the quality of your thinking.
  • #65,505
  • May 13, 2008 3:37am May 13, 2008 3:37am
Quoting hornet
ooops
Lock your profit and run.
Expected the unexpected
  • #65,506
  • May 13, 2008 3:37am May 13, 2008 3:37am
cable is no good.
If I Go Broke Trying Then I Will die happy.
  • #65,507
  • May 13, 2008 3:39am May 13, 2008 3:39am
Quoting scyang
Lock your profit and run.
unfortunately there was no trigger for me. it was clear it was going up but, as always, if my rules are not met I don't enter
The quality of your life is brought about by the quality of your thinking.
  • #65,508
  • May 13, 2008 3:39am May 13, 2008 3:39am
targeting above yesterday's high............
  • #65,509
  • May 13, 2008 3:41am May 13, 2008 3:41am
Quoting AmeriTrini
targeting above yesterday's high............

All green UK news. Should send the puppy way up.
Expected the unexpected
  • #65,510
  • May 13, 2008 3:42am May 13, 2008 3:42am
Good data for cable, sooooo where r the longs...
  • #65,511
  • May 13, 2008 3:43am May 13, 2008 3:43am
It's still hanging around. Thought it would go up faster than that.
Expected the unexpected
  • #65,512
  • May 13, 2008 3:46am May 13, 2008 3:46am
I can't understand cable, 4 better than expected news by a decent margin too and its heading south. I guess its all priced in?
  • #65,513
  • May 13, 2008 3:48am May 13, 2008 3:48am
I think it's making a reverse..
  • #65,514
  • May 13, 2008 3:51am May 13, 2008 3:51am
Quoting Spoony
I can't understand cable, 4 better than expected news by a decent margin too and its heading south. I guess its all priced in?
You would think it should take a nice train north!! But no, it just spiked and then sank down. I guess it just doesn't want to up, good news or not.
Expected the unexpected
  • #65,515
  • May 13, 2008 3:51am May 13, 2008 3:51am
Quoting fxdoc
From my previous post:
the break down of 1.9515 means its not an "abc", but a 5 waves down from 1.9632 - therefore sell rallies for a new low below 1.9440 !!!
May retrace to 1.9560/1.9580.
Previous target low not reached is 1.9400.
Sold 1.9575
Stop moved at 1.9550
  • #65,516
  • May 13, 2008 3:53am May 13, 2008 3:53am
yes i do agree that watching it go up all the way and came down even lower that says it wants down
  • #65,517
  • May 13, 2008 3:54am May 13, 2008 3:54am
sterling f@@ked i guess, no1 wants it
Trading is 80% Emotional, 20% Technical
  • #65,518
  • May 13, 2008 3:54am May 13, 2008 3:54am
or maybe an another theory that its waiting for the US feed to get it out from the no mans land
  • #65,519
  • May 13, 2008 3:56am May 13, 2008 3:56am
It looks like it is coming down to 1.9450-1.9443.
  • #65,520
  • May 13, 2008 4:01am May 13, 2008 4:01am
u just cant win ...good news goes up and then comes down .....
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