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Cable Update (GBPUSD)

  • #72,301
  • Jun 25, 2008 4:58am Jun 25, 2008 4:58am
Quoting tarektm
if i were you, i will not short now.
but the safe short, should be under 1.9635
although i am thinking of long as my system say ( which have 20% false signals ).

just waiting for a good chance to enter.
long it was, but who opened that, please keep in mind, that w have a lot of resistant points now.
i prefer to play it safe and get out.
  • #72,302
  • Jun 25, 2008 4:59am Jun 25, 2008 4:59am
Quoting scyang
There is no way they are going to cut rate again this month. They have been talking about inflation headwind and being attentative to dollar strength. If they cut, they will just have slapped themselves in the face.
Exactly, which is why i'm too scared to go long here
  • #72,303
  • Jun 25, 2008 5:00am Jun 25, 2008 5:00am
CBI Distributive Trades Realized went better than expected
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,304
  • Jun 25, 2008 5:03am Jun 25, 2008 5:03am
Quoting tarektm
long it was, but who opened that, please keep in mind, that w have a lot of resistant points now.
i prefer to play it safe and get out.
better safe than sorry
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,305
  • Jun 25, 2008 5:04am Jun 25, 2008 5:04am
Quoting salah k.
better safe than sorry
Always
  • #72,306
  • Jun 25, 2008 5:10am Jun 25, 2008 5:10am
run for your fucking lives, i have no clue guys, sorry but i can't help you on this one, im looking for answer's myself. SHORT hell i don't know.
If I Go Broke Trying Then I Will die happy.
  • #72,307
  • Jun 25, 2008 5:15am Jun 25, 2008 5:15am
Welcome Moe
  • #72,308
  • Jun 25, 2008 5:19am Jun 25, 2008 5:19am
Quoting Moe
run for your fucking lives, i have no clue guys, sorry but i can't help you on this one, im looking for answer's myself. SHORT hell i don't know.
Nice to see you again .... thanks for posting. It makes me sure what should be done.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,309
  • Jun 25, 2008 5:20am Jun 25, 2008 5:20am
Quoting Moe
run for your fucking lives, i have no clue guys, sorry but i can't help you on this one, im looking for answer's myself. SHORT hell i don't know.
MOE wats the word on the big boy street
hawkish FED statement????????????
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #72,310
  • Jun 25, 2008 5:25am Jun 25, 2008 5:25am
LOL
Don't Get Bitter, Get Better
  • #72,311
  • Jun 25, 2008 5:26am Jun 25, 2008 5:26am
Oups .. sofar already 40 pips from 1.9690 .... Thanks God !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #72,312
  • Jun 25, 2008 5:29am Jun 25, 2008 5:29am
Quoting Moe
run for your fucking lives, i have no clue guys, sorry but i can't help you on this one, im looking for answer's myself. SHORT hell i don't know.
WHAT A CHILD IS VIEWING ON A SKYSCRAPER AN ELDER SEES IT ON THE GROUND FLOOR.
This is what they say in my village. I am long already up by 50pips up to get out at 1.9766. What do u think
  • #72,313
  • Jun 25, 2008 5:29am Jun 25, 2008 5:29am
Quoting manize
Oups .. sofar already 40 pips from 1.9690 .... Thanks God !
Welcome aboard I think you saw what I saw.
Don't Get Bitter, Get Better
  • #72,314
  • Jun 25, 2008 5:30am Jun 25, 2008 5:30am
I think we will see 1.98 today
  • #72,315
  • Jun 25, 2008 5:37am Jun 25, 2008 5:37am
Seems like the news so far isn't enough to break pass the upper trendline for both E/U and G/U, it's quite clear the market is looking for direction from FOMC. You can see that the price took an upward move from the pivots but still tightly within range of the converging trendlines.

People in both long and short positions should already have your strategies in place for whatever happens. If not... the casino might give you the same odds!
Trade the reaction, not the news!
  • #72,316
  • Jun 25, 2008 5:41am Jun 25, 2008 5:41am
oh, i forgot to say hi, hi guys, im not in the market, untill i see something im .
If I Go Broke Trying Then I Will die happy.
  • #72,317
  • Jun 25, 2008 5:42am Jun 25, 2008 5:42am
Quoting uncletrumpet
WHAT A CHILD IS VIEWING ON A SKYSCRAPER AN ELDER SEES IT ON THE GROUND FLOOR.
This is what they say in my village. I am long already up by 50pips up to get out at 1.9766. What do u think
thats a good exit.
If I Go Broke Trying Then I Will die happy.
  • #72,318
  • Jun 25, 2008 5:43am Jun 25, 2008 5:43am
Quoting salah k.
MOE wats the word on the big boy street
hawkish FED statement????????????
what if they tone down market expectations of rate hike and lean towards remaining on hold..? statement could well be mixed bag... difficult to trade, expect whipsaw price action...


ive hardly traded this week, got one long trade at 19601 been holding for almost 6 days now!! boring old cable,
Trading is 80% Emotional, 20% Technical
  • #72,319
  • Jun 25, 2008 5:44am Jun 25, 2008 5:44am
Quoting manize
Nice to see you again .... thanks for posting. It makes me sure what should be done.
so when i don't know, you know, well shit hook a brother up, where is it going? beacuse i don't know.
If I Go Broke Trying Then I Will die happy.
  • #72,320
  • Jun 25, 2008 5:45am Jun 25, 2008 5:45am
Quoting NuB
Welcome aboard I think you saw what I saw.
Hi.. nice to see you ..... we learn to be a self confidence trader here ... Wish always success both of us !!
I only trade XAU/USD. Based on USD news & Fib SR & BB20
337 traders viewing now, 1 is registered:
SamMarkus