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Cable Update (GBPUSD)

  • #70,441
  • Jun 12, 2008 6:28am Jun 12, 2008 6:28am
Quoting salah k.
warta read this post
http://www.ireland.com/newspaper/bre...breaking12.htm
wow thats gr8 bro at the end we have some record hahaha
  • #70,442
  • Jun 12, 2008 6:29am Jun 12, 2008 6:29am
Quoting salah k.
from www.ireland.com
"
What percentage of people indicated they would vote No to Lisbon in the latest Irish Times poll?

Correct answer: 35 per cent "
Correct, but in that same poll only 30% said they would vote yes and 28% were undecided. The 7% left will probably go fishing
Getting it right is NOT as important as not getting it wrong.
  • #70,443
  • Jun 12, 2008 6:32am Jun 12, 2008 6:32am
sell stop 1.9450 s/l 1.9470
1t/p 1.9400
2t/p 1.9360
  • #70,444
  • Jun 12, 2008 6:34am Jun 12, 2008 6:34am
Quoting fxswing
Correct, but in that same poll only 30% said they would vote yes and 28% were undecided. The 7% left will probably go fishing

oh i didnt know that i just took the quiz and they only asked about this and then gave me the right answer
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #70,445
  • Jun 12, 2008 6:36am Jun 12, 2008 6:36am
price 178 range hi-lo so far today, above y/day's 175, and the average of around 160 over 5,20 and 20 days.

Support likely in this 9560/50 area ahead of 9520/10 extending to 9400. Resistance (SBR) already found around yesterdays lows after the pullback from 9468 area. Above that 9590-10 zone, 9520/25 ahead of 9547-54 could provide some measure of resistance (U.s data later excepted of course)
ex member
  • #70,446
  • Jun 12, 2008 6:38am Jun 12, 2008 6:38am
Quoting salah k.
oh i didnt know that i just took the quiz and they only asked about this and then gave me the right answer
Look here:
http://www.ireland.com/newspaper/bre.../breaking1.htm


"According to the Irish Times/TNS mrbi poll results, the number of people intending to vote No has almost doubled to 35 per cent (up 17 points) since the last poll three weeks ago, while the number of the Yes side has declined to 30 per cent (down 5 points). The number of undecided voters is still a significant 28 per cent (down 12 points), while 7 per cent won’t vote."

This was on June 6.
Getting it right is NOT as important as not getting it wrong.
  • #70,447
  • Jun 12, 2008 6:47am Jun 12, 2008 6:47am
Quoting fxswing
Look here:
http://www.ireland.com/newspaper/bre.../breaking1.htm


"According to the Irish Times/TNS mrbi poll results, the number of people intending to vote No has almost doubled to 35 per cent (up 17 points) since the last poll three weeks ago, while the number of the Yes side has declined to 30 per cent (down 5 points). The number of undecided voters is still a significant 28 per cent (down 12 points), while 7 per cent won’t vote."

This was on June 6.
That's old news then.
Expected the unexpected
  • #70,448
  • Jun 12, 2008 6:52am Jun 12, 2008 6:52am
even if we will have a good news for $ i think the drop can be more than 60 to 80 pips as we have strong daily support @ the 400 area

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  • #70,449
  • Jun 12, 2008 6:57am Jun 12, 2008 6:57am
Cables starting to move north getting ready for confirmation will be early indication the us figures are naff looks like resistance has held again we shall see have an order in to buy at 1.9505

all the best dean
  • #70,450
  • Jun 12, 2008 7:17am Jun 12, 2008 7:17am
cable hitting it's head on y/days low that intersects with breeched 4hr asc supp t/line now acting as resistance from underside test...U.s data due in 12mins now.
ex member
  • #70,451
  • Jun 12, 2008 7:21am Jun 12, 2008 7:21am
i'm so nervous, i take a long position at 1.9486..
could anyone give me advice where should i put the stop loss?
  • #70,452
  • Jun 12, 2008 7:21am Jun 12, 2008 7:21am
what u think guys .. we will fly or go to hell
relaxxxx keep ur emotion free
  • #70,453
  • Jun 12, 2008 7:23am Jun 12, 2008 7:23am
Quoting GreenPipz
i'm so nervous, i take a long position at 1.9486..
could anyone give me advice where should i put the stop loss?

360
a small advise bro : if u cant hold position or control ur emotion , never ever take a position before news
  • #70,454
  • Jun 12, 2008 7:23am Jun 12, 2008 7:23am
Quoting warta
what u think guys .. we will fly or go to hell
relaxxxx keep ur emotion free
Are you holding long?
Expected the unexpected
  • #70,455
  • Jun 12, 2008 7:24am Jun 12, 2008 7:24am
Quoting GreenPipz
i'm so nervous, i take a long position at 1.9486..
could anyone give me advice where should i put the stop loss?
Brave ahead of potentially market moving U.s data. Stop shoulkd sensibly be placed under the known support which probably extends down to 9450. Of course it also depends on your risk:rewrad and loss tolerances, and whether your broker widens the spread out around data
ex member
  • #70,456
  • Jun 12, 2008 7:25am Jun 12, 2008 7:25am
thx bro..
5 minutes to go.. up up up up up up up
  • #70,457
  • Jun 12, 2008 7:27am Jun 12, 2008 7:27am
3 seperate bits of data due in descending order of importance; retail sales, import prices, wkly initial claims, i guess.

G/l
ex member
  • #70,458
  • Jun 12, 2008 7:27am Jun 12, 2008 7:27am
long with a tight stop around 9440

its a minimal risk for a few hundred pips
  • #70,459
  • Jun 12, 2008 7:30am Jun 12, 2008 7:30am
Long into the news looks promising, 1min to go, errrmmmm, Eur's trying to turn up, arrrgghhhhhh

Waiting breaks 9500 then go long I say, new lows go short but it's arlready down huge!!


Good luck!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #70,460
  • Jun 12, 2008 7:32am Jun 12, 2008 7:32am
wow those numbers are through the roof
"what doesn't bankrupt me, makes me stronger" modern nietzche
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