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Cable Update (GBPUSD)

  • #70,661
  • Jun 13, 2008 2:11am Jun 13, 2008 2:11am
Quoting nAVIN2007
i really dont need to tell why this is happening im long .3 lots...either it gonna break this support or go up ..likely down hill since im long...
No NAV. This time it's going down because I am long. I think I am just as good an indicator as you.
Expected the unexpected
  • #70,662
  • Edited 2:19am Jun 13, 2008 2:15am | Edited 2:19am
marginal new lows before the bounce at the 9430/35 touted bids (mni) area of y/days low and minor pivot Wkly M1. Any downside break likely to encounter support at the 9410/95 area ahead of the 9365-35 area, the latter part of that area being the current yrly lo.

The phrase path of least resistance springs to in, in the sense that the downside seems less cluttered with reasons to buy, than the upsider is with reasons to sell...but hey, this is forex, and gbpusd in particular, so anything can happen, and probably will,...just trade the set-ups, no preference either way.
ex member
  • #70,663
  • Jun 13, 2008 2:15am Jun 13, 2008 2:15am
trades for today
EU:short 1.5421
GU:short 1.9433
like i will say. its on demo but i treat it as a live account i.e. with discipline and dedication..

Updates to come
  • #70,664
  • Jun 13, 2008 2:17am Jun 13, 2008 2:17am
moe to win ur long u have to load more than 60 lot
  • #70,665
  • Jun 13, 2008 2:23am Jun 13, 2008 2:23am
Quoting laposta74
trades for today
EU:short 1.5421
GU:short 1.9433
like i will say. its on demo but i treat it as a live account i.e. with discipline and dedication..

Updates to come
i used to say exactly the same thing about demo infact when i was on demo i really thought every1 in here was crazy cause they were saying its different....i hope u dont have the same issues i have..god luck bro
  • #70,666
  • Jun 13, 2008 2:23am Jun 13, 2008 2:23am
good night
If I Go Broke Trying Then I Will die happy.
  • #70,667
  • Jun 13, 2008 2:25am Jun 13, 2008 2:25am
The 1hr chart shows that 9590 area, former support now resistance, several re-tests and rejection of that area from the underside so far. 9490-9510 remains the first real hurdle to any upside progress.
Attached Image
ex member
  • #70,668
  • Jun 13, 2008 2:25am Jun 13, 2008 2:25am
Quoting Moe
good night
What time is it over where you are? You can't turn in just yet. Stick around and watch.
Expected the unexpected
  • #70,669
  • Jun 13, 2008 2:25am Jun 13, 2008 2:25am
t/p 1.9650
If I Go Broke Trying Then I Will die happy.
  • #70,670
  • Jun 13, 2008 2:26am Jun 13, 2008 2:26am
Quoting Moe
good night

where r u going moe , we r j/k come on
look cable start to point up
  • #70,671
  • Jun 13, 2008 2:35am Jun 13, 2008 2:35am
Quoting warta
where r u going moe , we r j/k come on
look cable start to point up
im sleepy
If I Go Broke Trying Then I Will die happy.
  • #70,672
  • Jun 13, 2008 2:35am Jun 13, 2008 2:35am
Quoting Moe
t/p 1.9650
and SL ?
  • #70,673
  • Jun 13, 2008 2:37am Jun 13, 2008 2:37am
Quoting Moe
im sleepy

ok bro have a sweet dreams
  • #70,674
  • Jun 13, 2008 2:40am Jun 13, 2008 2:40am
Quoting Moe
im sleepy
OK sleep right in front of the monitor. What's your phone number? We will call you and wake you up if we deem necessary.
Expected the unexpected
  • #70,675
  • Jun 13, 2008 2:42am Jun 13, 2008 2:42am
we are into the 'support zone ' of the candles that makes up the previous swing lows on the daily chart, ie the wicks/spikes of the candles, that run down to 9335 low. screenshot below.
Attached Image (click to enlarge)
Click to Enlarge Name: ff.gif Size: 21 KB
ex member
  • #70,676
  • Jun 13, 2008 2:44am Jun 13, 2008 2:44am
Quoting fifo
and SL ?
1.9229
If I Go Broke Trying Then I Will die happy.
  • #70,677
  • Jun 13, 2008 2:44am Jun 13, 2008 2:44am
Quoting Moe
im sleepy
thats MOE tht I know..a confident trader.and when he wake up he see his post all green.
  • #70,678
  • Jun 13, 2008 2:45am Jun 13, 2008 2:45am
Quoting scyang
OK sleep right in front of the monitor. What's your phone number? We will call you and wake you up if we deem necessary.
lol
If I Go Broke Trying Then I Will die happy.
  • #70,679
  • Jun 13, 2008 2:46am Jun 13, 2008 2:46am
Quoting B@by trader
thats MOE tht I know..a confident trader.and when he wake up he see his post all green.
If I Go Broke Trying Then I Will die happy.
  • #70,680
  • Jun 13, 2008 2:52am Jun 13, 2008 2:52am
Friday 13th today,,,...hope no one is superstitious!!
ex member
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