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Cable Update (GBPUSD)

  • #65,601
  • May 13, 2008 7:35am May 13, 2008 7:35am
Looks like is priced in already.
  • #65,602
  • May 13, 2008 7:36am May 13, 2008 7:36am
9440 level is big, Guys and Gals. Need to drop thru and test the back
  • #65,603
  • May 13, 2008 7:39am May 13, 2008 7:39am
just when it was making progress too..bummer
  • #65,604
  • May 13, 2008 7:40am May 13, 2008 7:40am
anyone think we're headed south of 1.9440?
  • #65,605
  • May 13, 2008 7:40am May 13, 2008 7:40am
ugh, my long got stopped out. I guess US news is good so cable dropped.
Expected the unexpected
  • #65,606
  • May 13, 2008 7:40am May 13, 2008 7:40am
Quoting maverick
How did your trade go?
lol,

anybody want a crystal ball ? good sale price....

seriously though, no trigger for me. 08.30 was good but SL was too large for my rules so no trade.

The quality of your life is brought about by the quality of your thinking.
  • #65,607
  • May 13, 2008 7:43am May 13, 2008 7:43am
Lets push this thing thru.
  • #65,608
  • May 13, 2008 7:44am May 13, 2008 7:44am
Quoting hard1head1
Lets push this thing thru.
agreed, and down below 1.9400..... ?

The quality of your life is brought about by the quality of your thinking.
  • #65,609
  • May 13, 2008 7:51am May 13, 2008 7:51am
9449 and test to be exact
  • #65,610
  • May 13, 2008 7:54am May 13, 2008 7:54am
Quoting hard1head1
9449 and test to be exact
yeah, that's what I meant. break, test and down below the figure....and some.

just my 2 cents, i am in no position
The quality of your life is brought about by the quality of your thinking.
  • #65,611
  • May 13, 2008 7:59am May 13, 2008 7:59am
Quoting priceaction
One of the long time traders at FF is Jacko. He posted at this thread over the weekend actually.

He trades around 50 lots at a time, he's one of the most successful traders at FF and just over a year ago, he made his first half million USD from trading EURUSD http://www.forexfactory.com/showpost.php?p=1431044

He uses the 50 fib.

Rob
Hi Priceaction

LOL.. I haven't traded that small for quite some time. It makes the losses more "interesting"...LOL


.
  • #65,612
  • May 13, 2008 7:59am May 13, 2008 7:59am
Quoting manize
Morning Jim... ur yesterday analyzing was perfectly.
Currently H4 chart indicates trend down --> New candle open below 1.9535, but feelling says trend up if see D1 chart. Hmmm .....maybe down 1st about not lower than 1.9465 ( open / close) and then huge up. Just 2 cents opinion. Count me wrong !
Huge jump up started ????
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #65,613
  • May 13, 2008 7:59am May 13, 2008 7:59am
thx god for that ....at least that went to plan ...bottom confirmaed...long should be good now ..it would have made no sense if it broke ...goes against the charts ..

news was priced in ...long is good now (i think)
  • #65,614
  • May 13, 2008 8:01am May 13, 2008 8:01am
That triple bottom is going to follow thru it looks.
  • #65,615
  • May 13, 2008 8:03am May 13, 2008 8:03am
Quoting hard1head1
That triple bottom is going to follow thru it looks.
morning star on 4 hr confirmed it..from now on i listen to the charts and only the charts
  • #65,616
  • May 13, 2008 8:03am May 13, 2008 8:03am
Quoting hard1head1
That triple bottom is going to follow thru it looks.
as in head north or south?
  • #65,617
  • May 13, 2008 8:03am May 13, 2008 8:03am

then again I might be VERY VERY wrong, I had sushi and a bottle of italian white for lunch

lol
The quality of your life is brought about by the quality of your thinking.
  • #65,618
  • May 13, 2008 8:06am May 13, 2008 8:06am
Quoting nAVIN2007
thx god for that ....at least that went to plan ...bottom confirmaed...long should be good now ..it would have made no sense if it broke ...goes against the charts ..

news was priced in ...long is good now (i think)
All those holding long positions (including me) slightly stressed. Fundamentals are bullish, technicals are bearish.
  • #65,619
  • May 13, 2008 8:09am May 13, 2008 8:09am
Quoting DJ4x
All those holding long positions (including me) slightly stressed. Fundamentals are bullish, technicals are bearish.
not sure if u noticed this i think we have a think for buying bro ...its never short always long ....

what the hell is going on ...stress level increased big time while at support ...still stupid thing might decide to go there again..
  • #65,620
  • May 13, 2008 8:16am May 13, 2008 8:16am
It might be ranging

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