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Cable Update (GBPUSD)

  • #75,321
  • Jul 10, 2008 2:14am Jul 10, 2008 2:14am
Quoting laposta74
presently, we are trying to take out s many stops as possible before we allow Cable go in its desired direction.
and the desired direction is DOWN, just a few weeks ago it was 1.93, and now 1.98 is way too high price.
  • #75,322
  • Jul 10, 2008 2:14am Jul 10, 2008 2:14am

down to 9724?
  • #75,323
  • Jul 10, 2008 2:20am Jul 10, 2008 2:20am
chart
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 11.png Size: 20 KB
  • #75,324
  • Jul 10, 2008 2:27am Jul 10, 2008 2:27am
I know this Trick did not just let me hit, then run with out giving me no kinda lovin.
Don't Get Bitter, Get Better
  • #75,325
  • Jul 10, 2008 2:41am Jul 10, 2008 2:41am
big long 9770 for 9885 50 pip stop
  • #75,326
  • Jul 10, 2008 2:42am Jul 10, 2008 2:42am
Quoting NuB
I know this Trick did not just let me hit, then run with out giving me no kinda lovin.
Two pips? Lousy Trick
Don't Get Bitter, Get Better
  • #75,327
  • Jul 10, 2008 2:50am Jul 10, 2008 2:50am
Quoting Clouds
and the desired direction is DOWN, just a few weeks ago it was 1.93, and now 1.98 is way too high price.
am sorry i cld not get that far. av just started trading live but i knew it was unsafe to enter a trade then. maybe i agree with down now but i got a buy stop waiting somewhere shld in case it turns..

Happy Trading!!!
Thanks to all folks that contribute to the FF project am glad av learnt a lot and what more... everything given on the site is for free. i thank FF managers for making it that way. i hope to give my valuable inouts someday too.
  • #75,328
  • Edited 3:41am Jul 10, 2008 2:55am | Edited 3:41am
Quoting tomaz55
big long 9770 for 9885 50 pip stop

trying to help us apply brakes or maybe a clutch to change to a faster gear..

From the Big boys: Ok watch out we are coming for you!!!
  • #75,329
  • Jul 10, 2008 2:57am Jul 10, 2008 2:57am
news in 3 minutes.....
  • #75,330
  • Jul 10, 2008 3:03am Jul 10, 2008 3:03am
Thats it, she has been up graded. But I still have to watch her shady @$$ before she choose another.
Don't Get Bitter, Get Better
  • #75,331
  • Jul 10, 2008 3:27am Jul 10, 2008 3:27am
Quoting tomaz55
big long 9770 for 9885 50 pip stop
......
  • #75,332
  • Jul 10, 2008 3:35am Jul 10, 2008 3:35am
house data was bad why would u go long...?

or am i missing something here
  • #75,333
  • Jul 10, 2008 3:37am Jul 10, 2008 3:37am
Quoting nAVIN2007
house data was bad why would u go long...?

or am i missing something here
no, you are fine
  • #75,334
  • Jul 10, 2008 3:40am Jul 10, 2008 3:40am
.....we have BOE and Bernanke today, 200 pips trades is possible!
  • #75,335
  • Jul 10, 2008 3:41am Jul 10, 2008 3:41am
Quoting 30pips
.....we have BOE and Bernanke today, 200 pips trades is possible!
yes, down
  • #75,336
  • Jul 10, 2008 3:41am Jul 10, 2008 3:41am
Oh nAVIN...... u obviously on the right side of this trade . Well done
Just for the record I'm also looking for long entry
  • #75,337
  • Jul 10, 2008 3:42am Jul 10, 2008 3:42am
i expect a bounce this time to the up side based on fib.
  • #75,338
  • Jul 10, 2008 3:49am Jul 10, 2008 3:49am
First stronger support could be at 1,9728-1,9720.

Few important Fibs there.
  • #75,339
  • Jul 10, 2008 3:50am Jul 10, 2008 3:50am
Quoting DJ4x
Oh nAVIN...... u obviously on the right side of this trade . Well done
Just for the record I'm also looking for long entry
well bro i exited b4 news as i could have been spiked out...

the way i see it we had 2 bearish candles and yesterday one bullish it just tested the top so as i can make its way down...candles are bearish not bullish ..

going up only cause the rate will hold at 5% it will go up likely to 1.9825 area then id short ..

why people thinking beyond 2 i cant understand at all...im probably wrong what its what im thinking...i have to work on allowing my trades to see themselves through...but theres always a fine line which i keep crossing ...lol
  • #75,340
  • Jul 10, 2008 3:50am Jul 10, 2008 3:50am
i expect it end somewhere later today further down, then i go long, then i go short, then i go long, and short, and then we see 9300, or something
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