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Cable Update (GBPUSD)

  • #68,401
  • May 29, 2008 7:40am May 29, 2008 7:40am
Quoting Moe
u.s. is open.
US will open in 50 minutes
Getting it right is NOT as important as not getting it wrong.
  • #68,402
  • May 29, 2008 7:45am May 29, 2008 7:45am
Quoting fxswing
US will open in 50 minutes
what are you talking about, u.s. open at 8am est, please explain.
If I Go Broke Trying Then I Will die happy.
  • #68,403
  • May 29, 2008 7:49am May 29, 2008 7:49am
[quot]19:30 USDPrelim GDP q/q 0.9% 0.9%0.6%
19:30 USDPrelim GDP Price Index q/q 2.6% 2.6%2.6%
19:30 USDUnemployment Claims 372K 370K365K[/quot]

the news is great but why cables keep klimbing....
Keep Learning and you'll get what you want...
  • #68,404
  • May 29, 2008 7:51am May 29, 2008 7:51am
Quoting Moe
what are you talking about, u.s. open at 8am est, please explain.

US open for me refers to the US stock open at 9:30 US EST

8:00 is the pre-market open, but that's not really important, as long as we're talking about the same thing...
Getting it right is NOT as important as not getting it wrong.
  • #68,405
  • May 29, 2008 7:53am May 29, 2008 7:53am
Quoting fxswing
US open for me refers to the US stock open at 9:30 US EST

8:00 is the pre-market open, but that's not really important, as long as we're talking about the same thing...
no we not talking about the same thing im talking about forex if you trade stock good for you i can care less about u.s. stock market these days, i use to trade it but i love forex much better,
If I Go Broke Trying Then I Will die happy.
  • #68,406
  • May 29, 2008 7:56am May 29, 2008 7:56am
MOE do you still on the coaster?Im still on it.all my 2 position still on going and the tp still 1.9650.news bad 4 US not good 4 me.Hope that dont influence cable.
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  • #68,407
  • May 29, 2008 7:58am May 29, 2008 7:58am
Quoting Moe
no we not talking about the same thing im talking about forex if you trade stock good for you i can care less about u.s. stock market these days, i use to trade it but i love forex much better,
cable back upto 19800! so whats new? selling into failed rally again around 19820? buying dips or even break?
Trading is 80% Emotional, 20% Technical
  • #68,408
  • May 29, 2008 8:02am May 29, 2008 8:02am
Quoting fx local
cable back upto 19800! so whats new? selling into failed rally again around 19820? buying dips or even break?
don't know, what i do know is i went short again at 9800 i told you guys yesterday to find what you think is the low or high of the day and ride it for 100 pips
If I Go Broke Trying Then I Will die happy.
  • #68,409
  • May 29, 2008 8:06am May 29, 2008 8:06am
Quoting B@by trader
MOE do you still on the coaster?Im still on it.all my 2 position still on going and the tp still 1.9650.news bad 4 US not good 4 me.Hope that dont influence cable.
i close that 9810 trade at 9704, now im back short at 9800
If I Go Broke Trying Then I Will die happy.
  • #68,410
  • May 29, 2008 8:07am May 29, 2008 8:07am
Quoting Moe
what are you talking about, u.s. open at 8am est, please explain.

who jinxed cable?

Hi moe
DOW JONES fut drop and i sell eur/jpg 163.70 s/l 164.00 t/p 163.00

Grasp all lose all
  • #68,411
  • May 29, 2008 8:14am May 29, 2008 8:14am
Quoting Moe
i close that 9810 trade at 9704, now im back short at 9800
do you think cable will touch 9800?
Keep Learning and you'll get what you want...
  • #68,412
  • May 29, 2008 8:23am May 29, 2008 8:23am
I think it's time to ride it down!
Don't be afraid to challenge the pros, even in their own backyard.
  • #68,413
  • May 29, 2008 8:29am May 29, 2008 8:29am
Quoting Moe
don't know, what i do know is i went short again at 9800 i told you guys yesterday to find what you think is the low or high of the day and ride it for 100 pips
good strategy seems safeist way to trade this pair at mo
Trading is 80% Emotional, 20% Technical
  • #68,414
  • May 29, 2008 8:31am May 29, 2008 8:31am
Quoting Danger
I think it's time to ride it down!
looks that way
however all cable seems stronger than all other currencies facing dollar.

which actually shouldnt be the case
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,415
  • May 29, 2008 9:01am May 29, 2008 9:01am
Quoting Moe
don't know, what i do know is i went short again at 9800 i told you guys yesterday to find what you think is the low or high of the day and ride it for 100 pips

Nice call sir, careful though.

Downtrending on 90min ( Good ) testing it currently.
Uptrending on 6hour ( bad ),
sitting right on 3 hour.

So move higher expect a new high / retest, brakes 1.9750 expect a retest of the bottom.

fun fun fun
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #68,416
  • May 29, 2008 9:05am May 29, 2008 9:05am
Quoting MasAdhi
do you think cable will touch 9800?
well i went short at 9800 so i guess i will/did touch 9800
If I Go Broke Trying Then I Will die happy.
  • #68,417
  • May 29, 2008 9:06am May 29, 2008 9:06am
Quoting Turveyd
Nice call sir, careful though.

Downtrending on 90min ( Good ) testing it currently.
Uptrending on 6hour ( bad ),
sitting right on 3 hour.

So move higher expect a new high / retest, brakes 1.9750 expect a retest of the bottom.

fun fun fun
always
If I Go Broke Trying Then I Will die happy.
  • #68,418
  • May 29, 2008 9:07am May 29, 2008 9:07am
Quoting fx local
good strategy seems safeist way to trade this pair at mo
yep
If I Go Broke Trying Then I Will die happy.
  • #68,419
  • May 29, 2008 9:10am May 29, 2008 9:10am
am outa market with 19+ pip
Grasp all lose all
  • #68,420
  • May 29, 2008 9:12am May 29, 2008 9:12am
Quoting Moe
always
Good


90sma held, expect we'll chop around until someone decided a direction between the 2, 90mins coming down though, so lookins good
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
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