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Cable Update (GBPUSD)

  • #70,241
  • Jun 11, 2008 10:02pm Jun 11, 2008 10:02pm
Quoting warta
i wonder whjy gold and oil droping so hard like this
must be some bad news maybe
there's something funny in the air.
If I Go Broke Trying Then I Will die happy.
  • #70,242
  • Jun 11, 2008 10:02pm Jun 11, 2008 10:02pm
Quoting Moe
i miss the boat so i won't be trading today, i might be done for the week, unless something comes up

we just start the day lol i missed too , but i think things will change with london period
  • #70,243
  • Jun 11, 2008 10:03pm Jun 11, 2008 10:03pm
Quoting warta
i wonder whjy gold and oil droping so hard like this
must be some bad news maybe
A few cents to a dollar or two is not a hard drop. But G-8 is coming and so is the OPEC meeting on 22nd June.
Expected the unexpected
  • #70,244
  • Jun 11, 2008 10:09pm Jun 11, 2008 10:09pm
Quoting scyang
A few cents to a dollar or two is not a hard drop. But G-8 is coming and so is the OPEC meeting on 22nd June.

yep interresting days and we have to US news for today it seems good for $
  • #70,245
  • Jun 11, 2008 10:11pm Jun 11, 2008 10:11pm
we need a live chat room.
If I Go Broke Trying Then I Will die happy.
  • #70,246
  • Jun 11, 2008 10:13pm Jun 11, 2008 10:13pm
Quoting Moe
we need a live chat room.

lol i used to ave my own voice chat room on paltalk , there is alot of fx room too and all live , its pretty cool but the problem u cant post charts lol
  • #70,247
  • Jun 11, 2008 10:14pm Jun 11, 2008 10:14pm
Quoting warta
yep interresting days and we have to US news for today it seems good for $
The retail sales data is not for 9 more hours yet so I wouldn't make any guess on that. Euro zone bulletin will be out first. If they are very hawkish, that might do some damage to USD. But then Uncle Ben will be talking later and he will most likely talk up $ just to consistent with himself.
Expected the unexpected
  • #70,248
  • Edited 10:38pm Jun 11, 2008 10:15pm | Edited 10:38pm
Quoting Moe
and i miss the boat, , so now i want this m.f. to shoot up to 9800
I took advantage by no sleep till the N.Y closing time, follow your analysis yesterday. Thanks Moe.

However using strategy introduced by Abuawad, combined with Moe analysis very very help me.

I inform to all of you, since May 22, 2008 my account has been blown up till 150% --> 10% margin / open trade. Before active here, I've got loss 98% from October 2007 - May 2008 ---> 20% margin / open trade.

So I know now about MM. 10% margin used ---> able to play BIG STOP LOSS, BIG TARGET PIPS and doing OTHER OFFLINE BUSINESS.

Happy trading all .....
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #70,249
  • Jun 11, 2008 10:19pm Jun 11, 2008 10:19pm
Quoting scyang
The retail sales data is not for 9 more hours yet so I wouldn't make any guess on that. Euro zone bulletin will be out first. If they are very hawkish, that might do some damage to USD. But then Uncle Ben will be talking later and he will most likely talk up $ just to consistent with himself.

oh yeah uncle Ben , i hate this guy lol
  • #70,250
  • Jun 11, 2008 10:24pm Jun 11, 2008 10:24pm
Looking at it objectively, i'd note that the drop is during asia. Note that asia is trying to cover the opening day gap. All expectations are met.

Im not sure if Europe wanna follow the same grace. We may see some support building up from here to 550 area onwards.

Slew of US data will come out today and note that Ben will speak later too. Prices will go wild, but i suspect the parade has ended, wonder how long Ben can continue talking up the USD.
  • #70,251
  • Jun 11, 2008 10:28pm Jun 11, 2008 10:28pm
Quoting jest1081
Looking at it objectively, i'd note that the drop is during asia. Note that asia is trying to cover the opening day gap. All expectations are met.

Im not sure if Europe wanna follow the same grace. We may see some support building up from here to 550 area onwards.

Slew of US data will come out today and note that Ben will speak later too. Prices will go wild, but i suspect the parade has ended, wonder how long Ben can continue talking up the USD.
agree and thats why am going to dleep now and see u on london period lol
good trade for all ov u guys
  • #70,252
  • Jun 11, 2008 10:38pm Jun 11, 2008 10:38pm
Quoting warta
agree and thats why am going to dleep now and see u on london period lol
good trade for all ov u guys
So, what are we expecting on the London Period.
  • #70,253
  • Jun 11, 2008 11:18pm Jun 11, 2008 11:18pm
go to this thread, im gonna get a lot of slack for this one.

http://www.forexfactory.com/showthre...06#post2050806
If I Go Broke Trying Then I Will die happy.
  • #70,254
  • Jun 12, 2008 12:14am Jun 12, 2008 12:14am
Quoting Moe
i miss the boat so i won't be trading today, i might be done for the week, unless something comes up
I missed the boat as well! No worries, there's always another right around the corner.
Just digging in the trenches like everyone else!
  • #70,255
  • Jun 12, 2008 12:16am Jun 12, 2008 12:16am
Quoting manize
I took advantage by no sleep till the N.Y closing time, follow your analysis yesterday. Thanks Moe.

However using strategy introduced by Abuawad, combined with Moe analysis very very help me.

I inform to all of you, since May 22, 2008 my account has been blown up till 150% --> 10% margin / open trade. Before active here, I've got loss 98% from October 2007 - May 2008 ---> 20% margin / open trade.

So I know now about MM. 10% margin used ---> able to play BIG STOP LOSS, BIG TARGET PIPS and doing OTHER OFFLINE BUSINESS.

Happy trading all .....
It's always great to hear when someone has success! Keep up the hard work
Just digging in the trenches like everyone else!
  • #70,256
  • Jun 12, 2008 12:20am Jun 12, 2008 12:20am
Quoting manize
I took advantage by no sleep till the N.Y closing time, follow your analysis yesterday. Thanks Moe.

However using strategy introduced by Abuawad, combined with Moe analysis very very help me.

I inform to all of you, since May 22, 2008 my account has been blown up till 150% --> 10% margin / open trade. Before active here, I've got loss 98% from October 2007 - May 2008 ---> 20% margin / open trade.

So I know now about MM. 10% margin used ---> able to play BIG STOP LOSS, BIG TARGET PIPS and doing OTHER OFFLINE BUSINESS.

Happy trading all .....
If I Go Broke Trying Then I Will die happy.
  • #70,257
  • Jun 12, 2008 12:22am Jun 12, 2008 12:22am
.
  • #70,258
  • Jun 12, 2008 12:25am Jun 12, 2008 12:25am
Quoting bullrock
welcome back
If I Go Broke Trying Then I Will die happy.
  • #70,259
  • Jun 12, 2008 12:39am Jun 12, 2008 12:39am
Quoting Moe
welcome back
Just for 2 secs Moe. Hope you are well!!. I got to go. I will pop-in tonight (GMT) Have fun have a good day.
.
  • #70,260
  • Jun 12, 2008 12:49am Jun 12, 2008 12:49am
hmmm...new short opp if we break 1.9570...or long if we break 1.9590...:nerd:
Just digging in the trenches like everyone else!
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Ahsan