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Cable Update (GBPUSD)

  • #76,441
  • Jul 18, 2008 4:45am Jul 18, 2008 4:45am
Quoting DJ4x
Closed all position. Pos 213 for the week

Happy with that
Don't Get Bitter, Get Better
  • #76,442
  • Jul 18, 2008 4:48am Jul 18, 2008 4:48am
Quoting DJ4x
Closed all position. Pos 213 for the week

Happy with that

good trading bro .....
  • #76,443
  • Jul 18, 2008 4:51am Jul 18, 2008 4:51am
Quoting nAVIN2007
maybe working very hard...
anyway i exited my short got 90+ pips for once ...lol
Glad to see you making pips. Way to go!
Expected the unexpected
  • #76,444
  • Jul 18, 2008 4:54am Jul 18, 2008 4:54am
Quoting nAVIN2007
maybe working very hard...
anyway i exited my short got 90+ pips for once ...lol
nice trading Nav
  • #76,445
  • Jul 18, 2008 5:00am Jul 18, 2008 5:00am
Quoting fxswing
Watch the daily 200 sma at 1.9961, we got 2 closes above it so far.

Cable have to hold 200 sma, and make a new high to show real strength.
If she can't hold above it, then imho we'll probably go back into range trading for the next 6-8 weeks...

We dipped below daily 200sma that was previously a support, now let's see if it will become resistance...
We'll need a new low, below 1.9905 to confirm the return in the range .

Getting it right is NOT as important as not getting it wrong.
  • #76,446
  • Jul 18, 2008 5:17am Jul 18, 2008 5:17am
Quoting Runway Trade
nice trading Nav
thx bro.....looks like i got out at the right time.....would have lost 70 pips easy ..dunno whats going on ...technical analysis conflicts for long and short..im suffering from
  • #76,447
  • Jul 18, 2008 5:27am Jul 18, 2008 5:27am
Hi all, Im new here, just droppin by
I think i'm gonna go short here..
any suggestion for me?
thanks
  • #76,448
  • Jul 18, 2008 5:30am Jul 18, 2008 5:30am
Quoting Wijaya
Hi all, Im new here, just droppin by
I think i'm gonna go short here..
any suggestion for me?
thanks
whats the reasoning for shorting ..
  • #76,449
  • Jul 18, 2008 5:33am Jul 18, 2008 5:33am
if 1 hr close as a pin i might short as well .....im kinda thinking siniliar
  • #76,450
  • Jul 18, 2008 5:35am Jul 18, 2008 5:35am
Well peoples, its been fun but I'm out for today, 60+. Hope you guys have a good weekend and enjoy the rest of the pips today.
Don't Get Bitter, Get Better
  • #76,451
  • Jul 18, 2008 5:43am Jul 18, 2008 5:43am
Quoting nAVIN2007
whats the reasoning for shorting ..

I see the M15 chart and the RSi show that it's time to go short.


and it's already gave me 20 pips
from 19973 to 19953..

well maybe it's a luck anyway..
  • #76,452
  • Jul 18, 2008 5:44am Jul 18, 2008 5:44am
The rumors were to have very bad dow open today.........Dow futuers were down -69........suddenly dow only -10 ........ as Citi groups posted better results just now(expected 2.50B loss but actual 2.20 B loss... seems like Vikram Pundit doing a good job ..........one thing for sure ........big time stop hunting going on so it is very difficult to fathom the direction...........


Quoting nAVIN2007
whats the reasoning for shorting ..
BANDA333
  • #76,453
  • Jul 18, 2008 6:04am Jul 18, 2008 6:04am
Quoting BANDA
The rumors were to have very bad dow open today.........Dow futuers were down -69........suddenly dow only -10 ........ as Citi groups posted better results just now(expected 2.50B loss but actual 2.20 B loss... seems like Vikram Pundit doing a good job ..........one thing for sure ........big time stop hunting going on so it is very difficult to fathom the direction...........
Our news also reports US markets to be down mainly as Merilly Linch reported hugh losses last night?? will wait and see
  • #76,454
  • Jul 18, 2008 6:23am Jul 18, 2008 6:23am
Quoting Runway Trade
Our news also reports US markets to be down mainly as Merilly Linch reported hugh losses last night?? will wait and see
market is not moving i entered short and got 11 pips and bailed....i thingk we caught in range..damnit i should have stayed in ...oh well
  • #76,455
  • Jul 18, 2008 6:32am Jul 18, 2008 6:32am
is 1.9940 still fine to enter short?
  • #76,456
  • Jul 18, 2008 6:36am Jul 18, 2008 6:36am
Quoting iflogic
is 1.9940 still fine to enter short?
i really not sure we in a range and very close to the low of the day ...this movement down might be a retracement to go up or to make a new low ....
  • #76,457
  • Jul 18, 2008 6:45am Jul 18, 2008 6:45am
Quoting iflogic
is 1.9940 still fine to enter short?
If the hour candle closes below 1.9947 enter but beware of 1.9912
  • #76,458
  • Edited 7:07am Jul 18, 2008 6:52am | Edited 7:07am
Quoting iflogic
is 1.9940 still fine to enter short?
I don't think so
ithink it will go up
  • #76,459
  • Jul 18, 2008 7:47am Jul 18, 2008 7:47am
Quoting Wijaya
I don't think so
ithink it will go up

hope you catched that one too
  • #76,460
  • Jul 18, 2008 7:56am Jul 18, 2008 7:56am
in the last couple of days, there is a big boy/girl playing and robbing our money. i hope he/she RIP soon
When life gives you lemons, make lemonade
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