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Cable Update (GBPUSD)

  • #67,741
  • May 26, 2008 11:31am May 26, 2008 11:31am
I bet if you all close all short posisition then the price will down........,

but if you didnt close , then the price will go up............
I Deeply Love My Virtual Life In Virtual World , RLC
  • #67,742
  • May 26, 2008 11:35am May 26, 2008 11:35am
Quoting notme32
I bet if you all close all short posisition then the price will down........,

but if you didnt close , then the price will go up............
am outa market
  • #67,743
  • May 26, 2008 11:41am May 26, 2008 11:41am
hi guys, im having a cookout and drinking some beer, enjoy your holiday
If I Go Broke Trying Then I Will die happy.
  • #67,744
  • May 26, 2008 11:45am May 26, 2008 11:45am
Quoting warta
am outa market
OMG after you post that........the price down 1 pips........ !!!!!!!!!!

anyone else abroad ?

.............

moe, i am very hungry .......
I Deeply Love My Virtual Life In Virtual World , RLC
  • #67,745
  • May 26, 2008 11:47am May 26, 2008 11:47am
Quoting nAVIN2007
seems a bit worry for down ....i wanted to see 1.96 area
daily majorly overbought

1hr time chart suggest movement down was only cause of diverence playing out ....now on 1 hr it isnt there....

news for week look not good for cable to sink which i find worrying ...dunno whats happening and it looks like fundamentals going to determine direction which are looking up for cable .....but wheres the retracement??
Ya'll are stuck in a circle here, once you guys get it in your heads its going in a certain direction you stick to that no matter what any techs or charts or fundis tell you, you seem to find a way to "see" a bull in a bears costume and vice versa regardless of the facts.
dont look to lagging indicators for help when you trade the worse pair to trade right now, the weak against the weak.
In the last 7 weeks I have not lost a GU trade. I also am not looking for those 50 to 150 pip moves but taking what it is freely giving which is very clear 15 to 25 pip moves everywhere everyday. Today was no exception.
all those little pips add up quickly all to way to the bank.

Do any of you trade for a living here as in this IS your job?
Don't chase the market, Let the market come to you
  • #67,746
  • May 26, 2008 11:48am May 26, 2008 11:48am
Quoting salah k.
dude if ur thinking it will never come down
DONT


we still have dollar come back plus i thought u said longer term charts are looking bearish
what made u change ur view.
weekly chart suggest bullish movement, there a bullish pin formed also, also movement down today was rejected right at the first support if it broke that then 1.9615 would have been seen

it really isnt looking good for short, i would suggest to any1 thinking of holding for hedging u need to be carefull.....cause u might end up in blowing yur account

i just dont know like every1 else

note: the closes on monthly above the support area...
if it breaks to the top .then 2.04 very likely to be seen .
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  • #67,747
  • May 26, 2008 11:48am May 26, 2008 11:48am
Quoting notme32
OMG after you post that........the price down 1 pips........ !!!!!!!!!!

anyone else abroad ?

.............

moe, i am very hungry .......
I've not thrown the towel in quite yet...
  • #67,748
  • May 26, 2008 11:55am May 26, 2008 11:55am
Quoting notme32
OMG after you post that........the price down 1 pips........ !!!!!!!!!!

anyone else abroad ?

.............

moe, i am very hungry .......

hahah yeah i took my capital ( 25 $ ) out
  • #67,749
  • May 26, 2008 11:57am May 26, 2008 11:57am
Quoting notme32
OMG after you post that........the price down 1 pips........ !!!!!!!!!!

anyone else abroad ?

.............

moe, i am very hungry .......
we got steak, ribs, chicken, what ever you want bro. im off to the bahamas later today. enjoy guys
If I Go Broke Trying Then I Will die happy.
  • #67,750
  • May 26, 2008 11:58am May 26, 2008 11:58am
Moe, pls enjoy your self..........

TMAC.............BRAVO..........bravo...............

.............................................

i am live for trading and trade for living, (did i spell right ? )
I Deeply Love My Virtual Life In Virtual World , RLC
  • #67,751
  • May 26, 2008 12:00pm May 26, 2008 12:00pm
the first bold white line needs to break then there every chance at least to go to 1.9750 .....lol

double top and double bottom ..talk about being in the middle
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  • #67,752
  • May 26, 2008 12:08pm May 26, 2008 12:08pm
Quoting Tmac

Do any of you trade for a living here as in this IS your job?
Whys that important ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #67,753
  • May 26, 2008 12:15pm May 26, 2008 12:15pm
I doubt if it will break 2 first time but I would say that’s where we are going short (week or so ) term.


Quoting nAVIN2007
weekly chart suggest bullish movement, there a bullish pin formed also, also movement down today was rejected right at the first support if it broke that then 1.9615 would have been seen

it really isnt looking good for short, i would suggest to any1 thinking of holding for hedging u need to be carefull.....cause u might end up in blowing yur account

i just dont know like every1 else

note: the closes on monthly above the support area...
if it breaks to the top .then 2.04 very likely to be seen .
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #67,754
  • May 26, 2008 12:21pm May 26, 2008 12:21pm
It went from 1.95 to 1.98 , without barely a retrace, I would think it would go down 150 pips before it goes up another 300 pips, but who knows.
  • #67,755
  • May 26, 2008 12:25pm May 26, 2008 12:25pm
Is anyones Cable "Paused"?
Mine has not moved since about 25 min. ago.
  • #67,756
  • May 26, 2008 12:27pm May 26, 2008 12:27pm

am outa market with 9+ pip

today I have 64+pip

see you all tomorrow

Grasp all lose all
  • #67,757
  • May 26, 2008 12:38pm May 26, 2008 12:38pm
Quoting Bones
I doubt if it will break 2 first time but I would say that’s where we are going short (week or so ) term.
wht i did is cancel the previous sell at 1.9715 and sell at 1.9820 or so instead ..just to give myself a better chance, not sure if that was wise?
  • #67,758
  • May 26, 2008 12:43pm May 26, 2008 12:43pm
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Quoting notme32
I bet if you all close all short posisition then the price will down........,

but if you didnt close , then the price will go up............
LOL. That was good. Happens all the time!
"Wishful thinking dies hard." Igor T.
  • #67,759
  • May 26, 2008 12:45pm May 26, 2008 12:45pm
Quoting Bones
Whys that important ?
because so much of what is posted in here is speculation and guess work for most people and its hard to imagine anyone making money from guess work and speculation in forex.
but like the EU thread i am now done in here, happy trading to ya'll and good luck.
Don't chase the market, Let the market come to you
  • #67,760
  • May 26, 2008 12:49pm May 26, 2008 12:49pm
Quoting Moe
hi guys, im having a cookout and drinking some beer, enjoy your holiday
thats it bro
no invites!!!
"what doesn't bankrupt me, makes me stronger" modern nietzche
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