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Cable Update (GBPUSD)

  • #65,681
  • May 13, 2008 10:28am May 13, 2008 10:28am
I can even see the bottom of this down channel!!!
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  • #65,682
  • May 13, 2008 10:31am May 13, 2008 10:31am
OK everybody get ready with your longs...... I am going to short
  • #65,683
  • May 13, 2008 10:34am May 13, 2008 10:34am
Check out all these morning stars, go up now!!(ok it is only a 5M chart)
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  • #65,684
  • May 13, 2008 10:34am May 13, 2008 10:34am
Quoting Runway Trade
OK everybody get ready with your longs...... I am going to short
damnit man i nearly had a heart attack it went down again , what the hell happened
  • #65,685
  • May 13, 2008 10:35am May 13, 2008 10:35am
Quoting Runway Trade
OK everybody get ready with your longs...... I am going to short
I still sure your call for long yesterday but just be executed today ....
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #65,686
  • May 13, 2008 10:39am May 13, 2008 10:39am
Quoting nAVIN2007
damnit man i nearly had a heart attack it went down again , what the hell happened
a whipsaw.........
hunting stop loss
I Deeply Love My Virtual Life In Virtual World , RLC
  • #65,687
  • May 13, 2008 10:39am May 13, 2008 10:39am
Quoting manize
I still sure your call for long yesterday to be executed today ....
everytime i go above 0.1 i get screwed..
  • #65,688
  • May 13, 2008 10:40am May 13, 2008 10:40am
Quoting nAVIN2007
damnit man i nearly had a heart attack it went down again , what the hell happened
I first thought about going long
  • #65,689
  • May 13, 2008 10:43am May 13, 2008 10:43am
Quoting Runway Trade
I first thought about going long
  • #65,690
  • May 13, 2008 10:43am May 13, 2008 10:43am
Quoting Runway Trade
I first thought about going long
Cable just does not have any strength. Even when euro was running up, it just doesn't follow the parade. I closed my long for a small profit. Thought it was best not to incur any loss.
Expected the unexpected
  • #65,691
  • May 13, 2008 10:45am May 13, 2008 10:45am
Quoting nAVIN2007
damnit man i nearly had a heart attack it went down again , what the hell happened
Cable just does not have any strength. Even when euro was running up, it just doesn't follow the parade. I closed my long for a small profit. Thought it was best not to incur any loss.
Expected the unexpected
  • #65,692
  • May 13, 2008 10:45am May 13, 2008 10:45am
Quoting notme32
a whipsaw.........
hunting stop loss

thats why i deleted them as it got close its a text book buy area, has all the sign just forex live a bit more hectic but it has every chance its hit the low of the day especially now london coming to close....
  • #65,693
  • May 13, 2008 10:46am May 13, 2008 10:46am
Seriously though I have know idea what is happening today. Now I am going to open a bottle of Merlot and look at the sunset. See you guys & girls tomorrow. Hopefully the madness stops. Nav I hope it goes up to a least clear your longs. Enjoy! Salah I hope you are safe tonight
  • #65,694
  • May 13, 2008 10:49am May 13, 2008 10:49am
im not going against the trend any1 .....this is to hectic
  • #65,695
  • May 13, 2008 10:49am May 13, 2008 10:49am
Just something to think about... are you sure somebody wants to be long (@ longer timeframe !) ?
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  • #65,696
  • May 13, 2008 10:51am May 13, 2008 10:51am
Quoting Runway Trade
Seriously though I have know idea what is happening today. Now I am going to open a bottle of Merlot and look at the sunset. See you guys & girls tomorrow. Hopefully the madness stops. Nav I hope it goes up to a least clear your longs. Enjoy! Salah I hope you are safe tonight
the way this is going it dont want to go up...even the news wont take it up!..
  • #65,697
  • May 13, 2008 10:58am May 13, 2008 10:58am
Quoting nAVIN2007
im not going against the trend any1 .....this is to hectic
hey nav wats up buddy

fundamentally speaking i expect the trend to change especially after those inflationary numbers in th UK

looks like UK is in pretty ad shape: stagflation

lets see wats their approach because i really dont think they will cut rates anymore not after those massive numbers.

tecnically speaking theres no stopping it from entering at least 9300 area.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #65,698
  • May 13, 2008 11:02am May 13, 2008 11:02am
I hold my long at 1.9545 till the end of this week. D1 and W chart still say Up. Change stop Loss at 1.9300 or lower.
Attached Image
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #65,699
  • May 13, 2008 11:08am May 13, 2008 11:08am
Quoting salah k.
hey nav wats up buddy

fundamentally speaking i expect the trend to change especially after those inflationary numbers in th UK

looks like UK is in pretty ad shape: stagflation

lets see wats their approach because i really dont think they will cut rates anymore not after those massive numbers.

tecnically speaking theres no stopping it from entering at least 9300 area.
Hello Salak,

If we see a break out down, wow, berish is the law then. If not, we still in the main tunel. This baby is really weak. With all that data from yesterday (but the housing that was the only one bad) and still down, hmm UK is in problems big time.
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  • #65,700
  • May 13, 2008 11:14am May 13, 2008 11:14am

Cable up we go . I have been waiting for this for so long.

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