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Cable Update (GBPUSD)

  • #76,601
  • Jul 21, 2008 5:28am Jul 21, 2008 5:28am
Quoting Runway Trade
Hail to the long lost starter of this thread........ missing your big red arrow "UP CABLE UP!" today


2 hours from now, DOWN CABLE DOWN!!!

"Invest With The Insiders, Not The Masses" George Muzea
  • #76,602
  • Jul 21, 2008 5:35am Jul 21, 2008 5:35am
quicksilver am i seeing things .....yur back!!!!!!

u really got to post more man .....it is yur thread
  • #76,603
  • Jul 21, 2008 5:35am Jul 21, 2008 5:35am
Quoting Runway Trade
Lets start betting! I bet 3Pips we first going down
I can see that happening, but my Sell trigger is 901 and Buy is 976. So if it does drop now (next 15-60m) Im still gonna be waiting. I dont trust anything but my system, but a trigger has to be hit b4 I go to town.
Don't Get Bitter, Get Better
  • #76,604
  • Jul 21, 2008 5:49am Jul 21, 2008 5:49am
Quoting Qu|cksilver
Hi to all everybody.. esp to cable update fans

Happy trading..
Hello Qu|cksilver ....

long time we didnt see u ... hello my old friend
  • #76,605
  • Jul 21, 2008 6:03am Jul 21, 2008 6:03am
Quoting Qu|cksilver


2 hours from now, DOWN CABLE DOWN!!!

cable ready to go down, shorted @9971 SL +23pps PT9912
Make sure losses are small and profits are bigger!
  • #76,606
  • Jul 21, 2008 6:06am Jul 21, 2008 6:06am
Well I tried to stick it out but I dont do ranges. I hope tomorrow brings some real direction. You guys enjoy what pips you can pick up, I'm jumpin into bed.
Don't Get Bitter, Get Better
  • #76,607
  • Jul 21, 2008 6:09am Jul 21, 2008 6:09am
tricking day today so far i entered 3 times and got 14 pips ....lol

i shall try perhaps short at 1.9983 ish area
  • #76,608
  • Jul 21, 2008 6:13am Jul 21, 2008 6:13am
the US is waiting for Bank of America and Warchovia to release results. If better than expected then Cable down.
  • #76,609
  • Jul 21, 2008 6:19am Jul 21, 2008 6:19am
Quoting 2be
cable ready to go down, shorted @9971 SL +23pps PT9912
SL at BE, small profit taken,at 958, shall reinstate shorts when the 5min cycle poits down again. Very choppy atm, still expecting cable to come down.
Make sure losses are small and profits are bigger!
  • #76,610
  • Jul 21, 2008 6:23am Jul 21, 2008 6:23am
Quoting 2be
SL at BE
it will be hit ...
  • #76,611
  • Jul 21, 2008 6:25am Jul 21, 2008 6:25am
lets see if it makes a new high ..
  • #76,612
  • Jul 21, 2008 6:30am Jul 21, 2008 6:30am
Hellooo
I've been away from my pc all day. Took a long this morning at 1.9950. So far, been a sad, slooow trading day. Lets see what happens later on.
Happy trading people.
  • #76,613
  • Jul 21, 2008 6:30am Jul 21, 2008 6:30am
Quoting deboooo2005
it will be hit ...
Thanks, I would like to sell again at these levels, but do not feel confident to buy atm. Delta and EW counts are very challenging ATM, so I trade what I see. I am still of the opinion that cable should go to 9840 zone within the next day or two, but not confident enough to put a big trade in this direction. Where 9840 zone be hit I would certainly buy big way.
Make sure losses are small and profits are bigger!
  • #76,614
  • Jul 21, 2008 6:39am Jul 21, 2008 6:39am
Quoting 2be
cable ready to go down, shorted @9971 SL +23pps PT9912
My opinion, it is too early for you to short. Anyway hope will not hit your stoploss.



Debooooo my friend!! how are you bro?
"Invest With The Insiders, Not The Masses" George Muzea
  • #76,615
  • Jul 21, 2008 7:04am Jul 21, 2008 7:04am
Quoting Qu|cksilver
My opinion, it is too early for you to short. Anyway hope will not hit your stoploss.



Debooooo my friend!! how are you bro?
Fine ... when have been all this period?
  • #76,616
  • Jul 21, 2008 7:17am Jul 21, 2008 7:17am
Price still channeling down in this possible bullish flag. Support is still holding. If it gets to the LTL of the accending 4hr/dayly channel ill be placing long positions from that area. Right now staying out of cable.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_h1_bullflag200708.gif Size: 28 KB
  • #76,617
  • Jul 21, 2008 7:37am Jul 21, 2008 7:37am
how come the market is moving so slow today ...friday was like this to..even gold isnt moving..

any1 know why?
  • #76,618
  • Jul 21, 2008 7:44am Jul 21, 2008 7:44am
Quoting Qu|cksilver
My opinion, it is too early for you to short. Anyway hope will not hit your stoploss.



Debooooo my friend!! how are you bro?
QS welcome back - maybe forexguru is back too.
  • #76,619
  • Jul 21, 2008 7:54am Jul 21, 2008 7:54am
Quoting nAVIN2007
how come the market is moving so slow today ...friday was like this to..even gold isnt moving..

any1 know why?
big news out later on in the week, Boe mins, UK retails sales thursday, UK GDP friday,

today japan holiday also, would expect today and tomorrow to be quite range bound
Trading is 80% Emotional, 20% Technical
  • #76,620
  • Jul 21, 2008 8:00am Jul 21, 2008 8:00am
Bank of America posted better results than expected!! expect a small rally for GBP before it heads down!!!
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