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Cable Update (GBPUSD)

  • #71,541
  • Jun 19, 2008 8:18am Jun 19, 2008 8:18am
Quoting NuB

and in a VERY DEEP voice "YEAH"
i send you a IM hope you got it, put that trade at breakeven.
If I Go Broke Trying Then I Will die happy.
  • #71,542
  • Jun 19, 2008 8:37am Jun 19, 2008 8:37am
What's happening, why is this thread too quiet today?
  • #71,543
  • Jun 19, 2008 8:59am Jun 19, 2008 8:59am
Quoting tarektm
What's happening, why is this thread too quiet today?
Because Euro is going down cause the situation on sw bcause people is starting to be affraid the crise spread around this region, so this is containing longs on cable. And now no one knows were it's going to go. To me a data like that retail sales should send cable at least to 1.9755, but today seems not be the day for it. I'm in sideways to creepy.
No Brain, no Gain.
  • #71,544
  • Jun 19, 2008 9:00am Jun 19, 2008 9:00am
Quoting tarektm
What's happening, why is this thread too quiet today?
Because the market is ranging and accounts are not been blown
  • #71,545
  • Jun 19, 2008 9:02am Jun 19, 2008 9:02am
Quoting BGazzoni
Because Euro is going down cause the situation on sw bcause people is starting to be affraid the crise spread around this region, so this is containing longs on cable. And now no one knows were it's going to go. To me a data like that retail sales should send cable at least to 1.9755, but today seems not be the day for it. I'm in sideways to creepy.
i have posted a chart before, that shows a strong trend, tested before,
yes no one knows where the direction is, but if it didn't go down, that means a new levels,
that's why there are some big guys who want to keep that market in this range for now.

but i might go wrong also, that's my opinion..
  • #71,546
  • Jun 19, 2008 9:04am Jun 19, 2008 9:04am
I's beginning going down..Hope it keep going
  • #71,547
  • Jun 19, 2008 9:16am Jun 19, 2008 9:16am
Quoting fifo
fuck GBP/CHF my broker have 12 pips spread here
which broker are you using it ????
  • #71,548
  • Jun 19, 2008 9:18am Jun 19, 2008 9:18am
Quoting joemilly
which broker are you using it ????
Polish broker - X-Trade Brokers

xtb.pl
  • #71,549
  • Jun 19, 2008 9:27am Jun 19, 2008 9:27am
Quoting manize
Pending order for short at 1.9740.
I cancel my short pending order. Thinking to make long ..... Maybe after move up above 1.9617...
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #71,550
  • Jun 19, 2008 9:42am Jun 19, 2008 9:42am
took a trade yesterday late afternoon, long GBP @ 1.9597 Limit was hit @1.9671 73pip gain(thats bout the only gain i got today). freaking usd/chf f-ed me over, was up 35pips before i went to sleep, woke up at 430Am easterntime, that spike up took me out. blah, i still fell it was a right trade just set the limit too far out.
  • #71,551
  • Jun 19, 2008 9:47am Jun 19, 2008 9:47am
Anything could happen in the next hour or 2 staying cash here!!



All 4 charts look too risk Missed some nice setups earlier though, dratts
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #71,552
  • Jun 19, 2008 10:26am Jun 19, 2008 10:26am
Quoting tarektm
the daily frame trend didn't break today so far:
as for me it is the time to sell, with stop above 1.9735
but remember, if you follow this, do it at your own risk, this is a critical area, and this is a critical call.
best place to enter is 1.9718
Still holding on ...
Stop didn't hit us
  • #71,553
  • Jun 19, 2008 10:26am Jun 19, 2008 10:26am
wow i've missed a lot of swing action this week
freaking embassies
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #71,554
  • Jun 19, 2008 10:28am Jun 19, 2008 10:28am
Quoting salah k.
wow i've missed a lot of swing action this week
freaking embassies
Exams are Much important...
i've been there
good luck.
  • #71,555
  • Jun 19, 2008 10:36am Jun 19, 2008 10:36am
Quoting tarektm
Exams are Much important...
i've been there
good luck.

no bro i finished last week
im just working on my papers to either get out of this country or if i find a descent paying job here
i'll stay and finish my masters here
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #71,556
  • Jun 19, 2008 10:39am Jun 19, 2008 10:39am
Yes right at the daily channel top so the next day or two's trading will tell us if we have a new trend

I reckon there has been too much swing in sentiment from usd to gbp in the last few days/weeks and there is not enough confidence for a new trend to start.

Even if the daily doesn't drop to the channel bottom, I am not expecting a break upwards

If it does break upwards, there will be some nerves when it gets up there

that philly fed number was striking so.....
  • #71,557
  • Jun 19, 2008 11:01am Jun 19, 2008 11:01am
my stop was targeted and it was hit.

so i will keep my eye on tomorrow and the next week.
  • #71,558
  • Jun 19, 2008 11:02am Jun 19, 2008 11:02am
Quoting salah k.
no bro i finished last week
im just working on my papers to either get out of this country or if i find a descent paying job here
i'll stay and finish my masters here
Congratulation Bro
well, it's the hardest time, and i wish you find a good job that suites you.
  • #71,559
  • Jun 19, 2008 11:05am Jun 19, 2008 11:05am
Quoting salah k.
no bro i finished last week
im just working on my papers to either get out of this country or if i find a descent paying job here
i'll stay and finish my masters here
looks like my call to buy cable last night worked its magic $$$
what up man?

read breakin news on ftv about explosions heard in jezzeen
  • #71,560
  • Edited 11:34am Jun 19, 2008 11:18am | Edited 11:34am
Quoting manize
I cancel my short pending order. Thinking to make long ..... Maybe after move up above 1.9617...
She is moving up but I don't have enough dare to make long, too risky. But no indication will fall down earlier before raise ... till 1.9760 - 1.9815 taking into account ranging around 220 pips today. More better waiting for short at that top range .. 1.9760 - 1,9815. ( Moe target maybe reached today). Count me wrong. See next ....
En ... sterling looks like stronger. Anyone know any fundamental news about Sterling ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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