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Cable Update (GBPUSD)

  • #71,701
  • Jun 20, 2008 4:48am Jun 20, 2008 4:48am
oooo no....cable going up...
be patient, self-belief and discipline... stay focus...
  • #71,702
  • Jun 20, 2008 4:49am Jun 20, 2008 4:49am
Quoting trader07
Here We Go!
where???
  • #71,703
  • Jun 20, 2008 4:50am Jun 20, 2008 4:50am
im try with hold my position looking for :nerd:luck....short from 1.9730
be patient, self-belief and discipline... stay focus...
  • #71,704
  • Jun 20, 2008 4:53am Jun 20, 2008 4:53am
Why is it that everybody is short on cable even when it's been going up in the last two days? Nobody has confidence in the UK economy?
Expected the unexpected
  • #71,705
  • Jun 20, 2008 4:54am Jun 20, 2008 4:54am
Quoting scyang
Why is it that everybody is short on cable even when it's been going up in the last two days? Nobody has confidence in the UK economy?
i think no body is confidence in himself , coz no one following his chart but the free calls
wrong and thats why ppl lose money
  • #71,706
  • Jun 20, 2008 4:57am Jun 20, 2008 4:57am
Quoting scyang
Why is it that everybody is short on cable even when it's been going up in the last two days? Nobody has confidence in the UK economy?
i closed my short. 3 pips TAKEN!
  • #71,707
  • Jun 20, 2008 5:07am Jun 20, 2008 5:07am
If candle [15tf] closes above 1,9744 it's break away time and I believe it is not a good time to be short. imo
  • #71,708
  • Jun 20, 2008 5:09am Jun 20, 2008 5:09am
Quoting warta
yeah tarek its really shit here , hi tax , more than 300 % , well hows kuweit man .
Dust, Hot, No lovely people
no beautiful Girls ...
  • #71,709
  • Jun 20, 2008 5:10am Jun 20, 2008 5:10am
.12 $ Venezuela
  • #71,710
  • Jun 20, 2008 5:11am Jun 20, 2008 5:11am
cable moving up to 1.9820-9830. How are the longs feeling?
  • #71,711
  • Jun 20, 2008 5:13am Jun 20, 2008 5:13am
Quoting tarektm
Dust, Hot, No lovely people
no beautiful Girls ...
i may go soon to kuweit am not sure yet
  • #71,712
  • Jun 20, 2008 5:15am Jun 20, 2008 5:15am
I started trading this week. Made $205 on teusday when i started now i am in the negative to the tune of $226.

I believed in the cable so much, i have ended up missing the sweet trends in the euro/usd and the usd/chf.

However, i am now making about $130 - $140 in the current cable rise.

If only i could predict it accurately.


I think this rise will continue. I hope it does at least. How far do you think it will go?
  • #71,713
  • Jun 20, 2008 5:17am Jun 20, 2008 5:17am
Quoting salah k.
check out that flag on 4h chart
it might just shoot up like crazy after that
Good call there! Luckely got out my short in small profit. Indicators changed direction so got out
  • #71,714
  • Jun 20, 2008 5:26am Jun 20, 2008 5:26am
Quoting Dafiri
I started trading this week. Made $205 on teusday when i started now i am in the negative to the tune of $226.

I believed in the cable so much, i have ended up missing the sweet trends in the euro/usd and the usd/chf.

However, i am now making about $130 - $140 in the current cable rise.

If only i could predict it accurately.


I think this rise will continue. I hope it does at least. How far do you think it will go?
its not about "predict it accurately" its about having and knowing what ur edge is. anything can happen in market, no1 can control that, all we can control is our actions and what we are going to do when there markets gets there.
Trading is 80% Emotional, 20% Technical
  • #71,715
  • Jun 20, 2008 5:52am Jun 20, 2008 5:52am
Has Euro and cable hit the ceiling or are they just pausing to continue North?
  • #71,716
  • Edited 6:18am Jun 20, 2008 5:53am | Edited 6:18am
I hope 1.9779 - 19815 is the top level today and then back fall down .
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #71,717
  • Jun 20, 2008 6:00am Jun 20, 2008 6:00am
Quoting fifo
i closed my short. 3 pips TAKEN!
You should appreciate every 1 pip you make
When life gives you lemons, make lemonade
  • #71,718
  • Jun 20, 2008 6:02am Jun 20, 2008 6:02am
Quoting Dafiri
I started trading this week. Made $205 on teusday when i started now i am in the negative to the tune of $226.

I believed in the cable so much, i have ended up missing the sweet trends in the euro/usd and the usd/chf.

However, i am now making about $130 - $140 in the current cable rise.

If only i could predict it accurately.


I think this rise will continue. I hope it does at least. How far do you think it will go?
If you continue trading the way you are trading, you will blow your account. Be careful
When life gives you lemons, make lemonade
  • #71,719
  • Jun 20, 2008 6:05am Jun 20, 2008 6:05am
i wonder how many ppl went short on cable yesterday....
well anywayz i think im going to go long once price break thur 1.9800, and ride the trend up
  • #71,720
  • Jun 20, 2008 6:14am Jun 20, 2008 6:14am
Dont forget that cable is in a down channel since march's 2.04. And we're nearing the top of the range. Id want to see at least 1.99 before going long. If we go back below 1.97 ill be going short
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