Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

Post #74,041
Quote
Jul 2, 2008 4:57am Jul 2, 2008 4:57am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

my long s/l got hit i was holding, now im short till 1.9760.

If I Go Broke Trying Then I Will die happy.

Post #74,042
Quote
Jul 2, 2008 4:58am Jul 2, 2008 4:58am

mandoaddam
| Joined Sep 2006 | Status: Dragon Slayer | 148 Posts

Quoting elmondello

Disliked

Hello,
I am a relatively new trader, so please forgive my (vast) ignorance...
The GBP has slipped noticeably against the USD in a small amount of time, now trading 'round 1.9870's - would this be a good time to buy the pounds, and perhaps profit off of a light gain against the dollar in the next few hours?...

Ignored

I think >>> if we break 1.9860 we'll go to 1.9803 and it will not be the end i'll be with my short till 1.9770 ... may be I'm rong but that what I see

If you count on hope in any trade ……. Get out of it

Post #74,043
Quote
Jul 2, 2008 4:58am Jul 2, 2008 4:58am

Tulip
| Joined May 2008 | Status: Member | 145 Posts

Quoting micho

Disliked

please hold please hold

Ignored

oopsie!!! LOL

Post #74,044
Quote
Jul 2, 2008 4:58am Jul 2, 2008 4:58am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,853 Posts

Quoting Moe

Disliked

my long s/l got hit i was holding, now im short till 1.9760.

Ignored

U the man!!!!

Post #74,045
Quote
Jul 2, 2008 4:59am Jul 2, 2008 4:59am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

Quoting mandoaddam

Disliked

I think >>> if we break 1.9860 we'll go to 1.9803 and it will not be the end i'll be with my short till 1.9770 ... may be I'm rong but that what I see

Ignored

If I Go Broke Trying Then I Will die happy.

Post #74,046
Quote
Jul 2, 2008 5:00am Jul 2, 2008 5:00am

tarektm
| Joined Apr 2008 | Status: Forex Freedom | 300 Posts

Quoting Moe

Disliked

my long s/l got hit i was holding, now im short till 1.9760.

Ignored

hard luck Moe.
i wish your short earns as much as you want it to do.
that 50% fibo,
do you expect that we will reach it today?

Post #74,047
Quote
Jul 2, 2008 5:01am Jul 2, 2008 5:01am

fransisco
| Joined Apr 2008 | Status: Cable Citizen | 85 Posts

Quoting Moe

Disliked

my long s/l got hit i was holding, now im short till 1.9760.

Ignored

i did that moe..it break 1.9760

Post #74,048
Quote
Jul 2, 2008 5:02am Jul 2, 2008 5:02am

hemal011
| Joined Apr 2008 | Status: Member | 63 Posts

Hey Moe, Riding this with you...what should be the S/L ?

Post #74,049
Quote
Jul 2, 2008 5:05am Jul 2, 2008 5:05am

elmondello
| Joined Jun 2008 | Status: Member | 30 Posts

The Services PMI is apparently supposed to have a significant impact on the GBP, was wondering what kind of trades people were putting through ahead of this data (as well as the Halifax data)...

Post #74,050
Quote
Jul 2, 2008 5:14am Jul 2, 2008 5:14am

magictrader
| Joined Jan 2008 | Status: Member | 873 Posts

We are now on weekly pivot point @ 1,9855 and morning star is forming.

Post #74,051
Quote
Jul 2, 2008 5:17am Jul 2, 2008 5:17am

elmondello
| Joined Jun 2008 | Status: Member | 30 Posts

Quoting magictrader

Disliked

We are now on weekly pivot point @ 1,9855 and morning star is forming.

Ignored

What you say is all very well... could you please explain what you mean?, i have much to learn (obviously), and was wondering if you had the patience...

Post #74,052
Quote
Jul 2, 2008 5:23am Jul 2, 2008 5:23am

B@by trader
| Joined Jan 2008 | Status: Member | 730 Posts

Quoting B@by trader

Disliked

maybe food for thought

Ignored

Ive told you!!!now 150pips drop anyone get tht im still shorting.and I heard MOE investment also short.whts your target MOE?anyone?

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Post #74,053
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Jul 2, 2008 5:23am Jul 2, 2008 5:23am

magictrader
| Joined Jan 2008 | Status: Member | 873 Posts

I think if that candle will close like this in half an hour, we could see some up move waiting for bad US data, signal could be stronger because of weekly pivot.

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Post #74,054
Quote
Jul 2, 2008 5:31am Jul 2, 2008 5:31am

Moe
| Membership Revoked | Joined Mar 2005 | 4,703 Posts

my target 1.9760,

If I Go Broke Trying Then I Will die happy.

Post #74,055
Quote
Jul 2, 2008 5:32am Jul 2, 2008 5:32am

tarektm
| Joined Apr 2008 | Status: Forex Freedom | 300 Posts

Quoting B@by trader

Disliked

Ive told you!!!now 150pips drop anyone get tht im still shorting.and I heard MOE investment also short.whts your target MOE?anyone?

Ignored

Mow target the 50% daily fibo at 760