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Cable Update (GBPUSD)

  • #71,021
  • Jun 16, 2008 11:44pm Jun 16, 2008 11:44pm
Quoting allserene
Welcome - as long as you don't have a bank account full of oil money that you want me to help with, or a truck load of gold where I just have to send 10k to the transport company and we will share it out here later. Or a beautiful sister who looks just like that one 2nd from the left in the Hawaian models magazine - and she has fallen in love with my poetic words - - Yes, as long as I don't have to send a blank, signed, letterhead and my bank details then welcome
It must be very difficult for honest Nigerians who want to deal on the markets and they have my sympathy
Yes it is and thats the truth for the fact that dishonest Nigerians has messed up our rep. But is not so right now because an organ known as the Economic and Financial Crimes Commission has really dealt with both fraudstars and dihonest politicians. Most of these crooks are now in jail.
  • #71,022
  • Jun 17, 2008 12:27am Jun 17, 2008 12:27am
Quoting ForexRookie
All i can say to that is . Excellent stuff brother.
All I can say is that we should stick to forex and stop taking shots on peoples nationalities by generalizing the negative. Should I say all americans are murderers becuase your President made a mess of Iraq? or that you're all stupid because some Nigerians with no education are duping surgeons, proffessors and other professionals? or that all englishmen are alcoholics? No! Treat each person individually and lets stick to forex...no one can dupe anyone else that way!
  • #71,023
  • Edited 1:43am Jun 17, 2008 1:29am | Edited 1:43am

Hi everybody,
Regarding today UK CPI, I was long on GBPUSD, and I decided to take 40 pip profit at 1.9675, the previous high, which I see as a resistance. It is certainly possible to see the next resistance at 1.9724 before or after the release but a significantly more risk should be taken.

  • #71,024
  • Jun 17, 2008 2:57am Jun 17, 2008 2:57am
Quoting scyang
Went in long before I saw your posting. Hoping for a little run. Where do you suggest for the TP level?
i prefer short.
If I Go Broke Trying Then I Will die happy.
  • #71,025
  • Jun 17, 2008 2:58am Jun 17, 2008 2:58am
Quoting eohater
Moe, do you still see 1.9450 as a short target. Setting my current position aside, my system is telling me to short now at 1.9675.
i do
If I Go Broke Trying Then I Will die happy.
  • #71,026
  • Jun 17, 2008 3:00am Jun 17, 2008 3:00am
Quoting ZenTrader
Follow the Moe before he says I told you so.
you follow me you won't have your account long
If I Go Broke Trying Then I Will die happy.
  • #71,027
  • Jun 17, 2008 3:05am Jun 17, 2008 3:05am
Quoting Moe
you follow me you won't have your account long
  • #71,028
  • Jun 17, 2008 3:11am Jun 17, 2008 3:11am
Quoting Abuawad
what you think, we have to break 9600 for the downtrend to happen
If I Go Broke Trying Then I Will die happy.
  • #71,029
  • Jun 17, 2008 3:13am Jun 17, 2008 3:13am
good morning all
morning abuawad , moe and all Moe's follower
  • #71,030
  • Jun 17, 2008 3:16am Jun 17, 2008 3:16am
who fav long and who fav short? raise your hand please
If I Go Broke Trying Then I Will die happy.
  • #71,031
  • Jun 17, 2008 3:16am Jun 17, 2008 3:16am
Moe you are short, if inflation figures come in higher the expected cable goes up. Do you think it will be just short term the start comming down again?
We have also seen positive news for cable the cable goes down? I am in short at 1.9662, just worried that a news spike will hit my S/L at 1.9710. Just advice, do you think I should remove it for the news?
  • #71,032
  • Jun 17, 2008 3:16am Jun 17, 2008 3:16am
Woo! Established myself with my first impression. My mission is complete.
  • #71,033
  • Jun 17, 2008 3:19am Jun 17, 2008 3:19am
Quoting Runway Trade
Moe you are short, if inflation figures come in higher the expected cable goes up. Do you think it will be just short term the start comming down again?
We have also seen positive news for cable the cable goes down? I am in short at 1.9662, just worried that a news spike will hit my S/L at 1.9710. Just advice, do you think I should remove it for the news?
it's best to be short around 9600 this is the price it needs to hit for it to go down
If I Go Broke Trying Then I Will die happy.
  • #71,034
  • Jun 17, 2008 3:19am Jun 17, 2008 3:19am
Quoting Moe
who fav long and who fav short? raise your hand please
moe my position is SHong again lol
better to trade after news not before
  • #71,035
  • Jun 17, 2008 3:21am Jun 17, 2008 3:21am
Quoting Moe
who fav long and who fav short? raise your hand please
well u have big figure out in 10mins UK CPI, print lower thatn 3.0% should see cable fall, although a higher print than 3.2% should see it rally to 9700?? lets see.... although last time i believe it sold off from 3% figure so anything can happen!!
Trading is 80% Emotional, 20% Technical
  • #71,036
  • Jun 17, 2008 3:22am Jun 17, 2008 3:22am
Quoting Moe
it's best to be short around 9600 this is the price it needs to hit for it to go down
Thanks news too risky. got out +1
  • #71,037
  • Jun 17, 2008 3:24am Jun 17, 2008 3:24am
Quoting Runway Trade
Thanks news too risky. got out +1
+1 pip ?
is it done for today ?
  • #71,038
  • Jun 17, 2008 3:25am Jun 17, 2008 3:25am
Quoting warta
moe my position is SHong again lol
better to trade after news not before
shong is a good position, sooner or later you have to pick a side :nerd:
If I Go Broke Trying Then I Will die happy.
  • #71,039
  • Jun 17, 2008 3:26am Jun 17, 2008 3:26am
Quoting warta
+1 pip ?
is it done for today ?
,
If I Go Broke Trying Then I Will die happy.
  • #71,040
  • Jun 17, 2008 3:28am Jun 17, 2008 3:28am
Quoting fx local
well u have big figure out in 10mins UK CPI, print lower thatn 3.0% should see cable fall, although a higher print than 3.2% should see it rally to 9700?? lets see.... although last time i believe it sold off from 3% figure so anything can happen!!
im the thread idiot so i don't know shit
If I Go Broke Trying Then I Will die happy.
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