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Cable Update (GBPUSD)

  • #74,721
  • Jul 7, 2008 5:06am Jul 7, 2008 5:06am
Well,

She's traveled 183 pips since Asia...
Way over her A.T.R. (range) for the day.
But is she done... who knows? -I FLAT hope London turns her around,
because i got into some buying action @19700 "ish" back up! !

-Your Call John Wish you the best... whichever way.
She's gotta get past the 80's now upward!

Quoting John Lo
Plan to Long, but is 1.9650 is a good price to take LONG position?
I will work to Objectively Identify my Edges
  • #74,722
  • Jul 7, 2008 5:08am Jul 7, 2008 5:08am
Quoting TerpFan2
Well,

She's traveled 183 pips since Asia...
Way over her A.T.R. (range) for the day.
i learned a hard lessons going counter trend.

i prefer to wait until the movement ends, then i might buy according to the market signals.
  • #74,723
  • Jul 7, 2008 5:10am Jul 7, 2008 5:10am
Hello guys. Welcome everybody in new trading week and wishes all of you many pips

Anybody who believe, that she's going down, maybe to 1.9600, before goes back up?
-- There's no winner without lose --
  • #74,724
  • Jul 7, 2008 5:14am Jul 7, 2008 5:14am
No doubt buddy...

Right you ARE!
I'm only hoping...
Hoping this is a 5min double bottom right here! !
T'Pipper,

"Out" !
Quoting tarektm
i learned a hard lessons going counter trend.

i prefer to wait until the movement ends, then i might buy according to the market signals.
I will work to Objectively Identify my Edges
  • #74,725
  • Jul 7, 2008 5:20am Jul 7, 2008 5:20am
Quoting JamesCZ
Anybody who believe, that she's going down, maybe to 1.9600, before goes back up?
Maybe.... who knows. All my short positions closed this morning. I am now looking for a long entry.

Happy Trading
  • #74,726
  • Jul 7, 2008 5:26am Jul 7, 2008 5:26am
Quoting DJ4x
Maybe.... who knows. All my short positions closed this morning. I am now looking for a long entry.

Happy Trading
It looks like we are going up now. I am in long, hoping we have retreacement here..
-- There's no winner without lose --
  • #74,727
  • Jul 7, 2008 5:32am Jul 7, 2008 5:32am
Yeah James...

Working on 85 here if she'll clear...!
I will work to Objectively Identify my Edges
  • #74,728
  • Jul 7, 2008 5:34am Jul 7, 2008 5:34am
  •  Trader#0000
  • | Status: Unregistered Trader
think dat cable will still going down..
  • #74,729
  • Jul 7, 2008 5:35am Jul 7, 2008 5:35am
Quoting tarektm
i learned a hard lessons going counter trend.

i prefer to wait until the movement ends, then i might buy according to the market signals.
Agree.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #74,730
  • Jul 7, 2008 5:42am Jul 7, 2008 5:42am
Quoting atif
I don't know about you guys. All the signals in my daily charts showing downward move.
Next support should be 20 SMA @ 9741 which is Bollinger band midpoint.
I wouldn't go long with GBP at this point.
Well, I guess I was right on my short position on July 3rd. Closed it now and will watch from the sideline.
{Promotion Removed}
  • #74,731
  • Jul 7, 2008 5:44am Jul 7, 2008 5:44am
July 7 (Bloomberg) -- A suicide car bomb attack on the Indian embassy in Afghanistan's capital, Kabul, killed at least 30 people and injured 141 today, a government spokesman said.

"Police have also recovered a half-blown body which may be the suicide bomber.''
No, "He was just 'LONGING' the Cable w/some of us"...! !
I will work to Objectively Identify my Edges
  • #74,732
  • Jul 7, 2008 5:47am Jul 7, 2008 5:47am
He was... 'Hoping for a 'Re-Trace' too... !
I will work to Objectively Identify my Edges
  • #74,733
  • Jul 7, 2008 5:50am Jul 7, 2008 5:50am
Quoting JamesCZ
Hello guys. Welcome everybody in new trading week and wishes all of you many pips

Anybody who believe, that she's going down, maybe to 1.9600, before goes back up?

we have the same view about the movement but IMHO GU will make a reversal movement around 1.9460... but thats only an opinion...
  • #74,734
  • Jul 7, 2008 6:25am Jul 7, 2008 6:25am
Quoting forexmoments
Looking at my chart for Cable, it seems this could be a a good move south for a couple of hundred pips during the week.
Looks like the market is quicker than mankind's cerebrum!

  • #74,735
  • Jul 7, 2008 6:30am Jul 7, 2008 6:30am
Im Back, But Not Here.
If I Go Broke Trying Then I Will die happy.
  • #74,736
  • Jul 7, 2008 6:33am Jul 7, 2008 6:33am
Quoting forexmoments
Looks like the market is quicker than mankind's cerebrum!

Nice signal today with ashfx-daily just a pity I am still learning the signals and did not trust it. Waiting for the next one
  • #74,737
  • Jul 7, 2008 6:37am Jul 7, 2008 6:37am
Quoting Runway Trade
Nice signal today with ashfx-daily just a pity I am still learning the signals and did not trust it. Waiting for the next one
Don't worry dude, you made the right decision. If you're not sure about something do not trade it. Just keep testing on demo till you are comfortable.
  • #74,738
  • Jul 7, 2008 6:42am Jul 7, 2008 6:42am
Quoting Moe
Im Back, But Not Here.
Are you still in the trade?
  • #74,739
  • Jul 7, 2008 6:44am Jul 7, 2008 6:44am
Quoting Runway Trade
Nice signal today with ashfx-daily just a pity I am still learning the signals and did not trust it. Waiting for the next one
Do you have some link where can I found ashfx-daily, or what is it exactly?
-- There's no winner without lose --
  • #74,740
  • Jul 7, 2008 6:45am Jul 7, 2008 6:45am
Quoting uncletrumpet
Are you still in the trade?
NO SIR
If I Go Broke Trying Then I Will die happy.
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