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Cable Update (GBPUSD)

  • #70,721
  • Jun 13, 2008 6:05am Jun 13, 2008 6:05am
Quoting Moe
i got a buy at 1.9432 and one at 1.9500
this is where my trade stands, im in at 1.9432, and i cancel 1.9500 order
If I Go Broke Trying Then I Will die happy.
  • #70,722
  • Jun 13, 2008 6:07am Jun 13, 2008 6:07am
Quoting Moe
this is where my trade stands, im in at 1.9432, and i cancel 1.9500 order
im stuck in a buy trade and can't get out, might have to take a loss on this one guys, but im riding it out.
If I Go Broke Trying Then I Will die happy.
  • #70,723
  • Jun 13, 2008 6:07am Jun 13, 2008 6:07am
Quoting warta
where is abuawad today we didn't see his comments
I'm here and i have no comment cable still in the unknown area for me.
  • #70,724
  • Edited 6:23am Jun 13, 2008 6:08am | Edited 6:23am
i really think th US data might come in worse than expected hence, EU and GU will move up a little before we go back down...

or come out worse and we head down straight.
  • #70,725
  • Jun 13, 2008 6:10am Jun 13, 2008 6:10am
Quoting Moe
im stuck in a buy trade and can't get out, might have to take a loss on this one guys, but im riding it out.
hedge ur position bro
  • #70,726
  • Jun 13, 2008 6:12am Jun 13, 2008 6:12am
Quoting salah k.
so wat happened in yesterday's ireland vote: a 'yes' or 'no'
No official result yet.
They started to count at 10:00, and it looks like the "No" is ahead.
Final result should be announced at 16:00.
I'm not sure if it's 16:00 cet or ist.

Friday, June 13, 2008 7:03:00 AM
NEWS: Ireland"s RTE-Most Constituencies Voting "No" To Treaty

Looks like the bookies were right

Now if the "No" wins, we'll see what France and Germany have to propose, they have said that in case of a "No", they will make a proposal after the official result is announced.
Getting it right is NOT as important as not getting it wrong.
  • #70,727
  • Jun 13, 2008 6:16am Jun 13, 2008 6:16am
Quoting warta
hedge ur position bro
thats not my trading style.
If I Go Broke Trying Then I Will die happy.
  • #70,728
  • Jun 13, 2008 6:17am Jun 13, 2008 6:17am
Quoting warta
where is abuawad today we didn't see his comments
Ops i forget to told you that i don't trade in the weekend's
  • #70,729
  • Jun 13, 2008 6:17am Jun 13, 2008 6:17am
Quoting Moe
thats not my trading style.
neither mine but if it can cut lose , we have to
  • #70,730
  • Jun 13, 2008 6:18am Jun 13, 2008 6:18am
Quoting Moe
this is where my trade stands, im in at 1.9432, and i cancel 1.9500 order
,
If I Go Broke Trying Then I Will die happy.
  • #70,731
  • Jun 13, 2008 6:18am Jun 13, 2008 6:18am
Quoting warta
neither mine but if it can cut lose , we have to
you long?
If I Go Broke Trying Then I Will die happy.
  • #70,732
  • Jun 13, 2008 6:19am Jun 13, 2008 6:19am
http://www.rte.ie/news/2008/0613/eulisbon.html

Getting it right is NOT as important as not getting it wrong.
  • #70,733
  • Jun 13, 2008 6:20am Jun 13, 2008 6:20am
Quoting Moe
thats not my trading style.
Quite right - hedging on a position is a dangerous game. When it goes bad, it generally goes very bad. Invest the time on planned entry and exit, and know when to get out, taking small loss if necessary. There are always pips out there and hedging is a nice way to blow your account....
  • #70,734
  • Jun 13, 2008 6:20am Jun 13, 2008 6:20am
Quoting Moe
you long?
nah am still waiting a breakout in one direction or 425 or 490 those r the top and bottom of the range.

lol yeah i know what u wana say , maybe am looking for low profit but its low risk too
  • #70,735
  • Jun 13, 2008 6:22am Jun 13, 2008 6:22am
On direction if gold break 860 we might see some continued strength in the dollar and a fall in sterling. I'm sitting tight waiting for confirmation before entering long or short.......funny thing no trades for sideways.....
  • #70,736
  • Jun 13, 2008 6:22am Jun 13, 2008 6:22am
Quoting Moe
you long?
Long.
Enlightened.
  • #70,737
  • Jun 13, 2008 6:23am Jun 13, 2008 6:23am
m/m forecasts re CPI are arguably not disposed toward a short $ position, but remember that the fed is targetted on inflation and growth unlike the boe/mpc which is just (supposedly) targetted on cpi inflation.

Anything can happen though, alnd probably will, G/l all
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  • #70,738
  • Jun 13, 2008 6:24am Jun 13, 2008 6:24am
Quoting Galeforce 10
Long.
this can get ugly for us, so i gots to with you.
If I Go Broke Trying Then I Will die happy.
  • #70,739
  • Jun 13, 2008 6:25am Jun 13, 2008 6:25am
Quoting rockdrive22
Quite right - hedging on a position is a dangerous game. When it goes bad, it generally goes very bad. Invest the time on planned entry and exit, and know when to get out, taking small loss if necessary. There are always pips out there and hedging is a nice way to blow your account....
If I Go Broke Trying Then I Will die happy.
  • #70,740
  • Jun 13, 2008 6:26am Jun 13, 2008 6:26am
Quoting Moe
this can get ugly for us, so i gots to with you.
Are we on our collective knees looking skywards.....Bonne chance
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