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Cable Update (GBPUSD)

  • #76,741
  • Jul 22, 2008 4:44am Jul 22, 2008 4:44am
Quoting TerpFan2
Navin,

Shucks baby...
It's confirming! -Time 2... Get the HECK OUT! Amytiville HorrA unfolding,
-Just wait till our brother 'Paulson Speak's this am, he can't wait to
wimper & wine, and bring the Pound & EurO higher for your Economy !
yeah it looks like it wants to go up ....but still to dodgeball for me
  • #76,742
  • Jul 22, 2008 4:51am Jul 22, 2008 4:51am
I see resistance @ ~ 2.00555 Break above and long with a stop&reverse 15pips below will be a safe trade. Just need a proper close above the resistance.
  • #76,743
  • Jul 22, 2008 5:04am Jul 22, 2008 5:04am
Navin I hear you bbuttt...

Yesterday @11/12noon, i had your short as well @1.9973.
for a 10-13 pip "Baker's Dozen" retrace strategy in 'descending channel.

I Coulda Woulda Shoulda took the quick dozen pips. but NO-O,
I 'THOUGHT she might break 19957 ish, -NOT! -She climbed back up!
I took the loss. period, for minus 13 pips! Whoop-T-do.
I think she started yesterday, on the move back North 1.9906 not broken.

Up 30 pips so far, We'll see what the Dynamic Duo, "Plosser and Paulson" do,
Along with Lower indexed Home Sale Prices, and a Poor Richmond index to 'Save the Day' over here!
Looks like she's drifted down a bit for you now!
I will work to Objectively Identify my Edges
  • #76,744
  • Jul 22, 2008 5:12am Jul 22, 2008 5:12am
Quoting TerpFan2
Navin I hear you bbuttt...

Yesterday @11/12noon, i had your short as well @1.9973.
for a 10-13 pip "Baker's Dozen" retrace strategy in 'descending channel.

I Coulda Woulda Shoulda took the quick dozen pips. but NO-O,
I 'THOUGHT she might break 19957 ish, -NOT! -She climbed back up!
I took the loss. period, for minus 13 pips! Whoop-T-do.
I think she started yesterday, on the move back North 1.9906 not broken.

Up 30 pips so far, We'll see what the Dynamic Duo, "Plosser and Paulson" do,
Along with Lower indexed Home Sale Prices, and a Poor Richmond index to 'Save the Day' over here!
Looks like she's drifted down a bit for you now!
cable these days require a fastastic entry otherwise its impossible to hold without risking a loss......this is my big problem ..i cannot accept the loss, so even if i get 3 pips .i'll take it!! ...i need to overcome this sh*t

also got issue holding long so high up....oh well lets see how this pans out
  • #76,745
  • Jul 22, 2008 5:13am Jul 22, 2008 5:13am
still short for today
see ya guys am off take , target is 900 area if not am holding
happy trade all and with u a zillion of pips
  • #76,746
  • Jul 22, 2008 5:24am Jul 22, 2008 5:24am
Run into resistance
Daily says up.
Attached Image (click to enlarge)
Click to Enlarge Name: cable daily 22-07 no 1.gif Size: 65 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #76,747
  • Jul 22, 2008 5:43am Jul 22, 2008 5:43am
Quoting Bones
Run into resistance
Daily says up.
for me i'm still not sure the cable playing in the unknown area
  • #76,748
  • Jul 22, 2008 5:48am Jul 22, 2008 5:48am
Cable become MAD and lost his way and dont know where is going,,,

very strange that USD is still down
  • #76,749
  • Jul 22, 2008 5:50am Jul 22, 2008 5:50am
Quoting Abuawad
for me i'm still not sure the cable playing in the unknown area
for me as well, cable is always in an unknown area every day
When life gives you lemons, make lemonade
  • #76,750
  • Jul 22, 2008 5:51am Jul 22, 2008 5:51am
cable ready for free fall..

i`ts now close more than any time..

just watch before this night end..
  • #76,751
  • Jul 22, 2008 5:54am Jul 22, 2008 5:54am
Quoting sheraz
Cable become MAD and lost his way and dont know where is going,,,

very strange that USD is still down
you have right...
  • #76,752
  • Jul 22, 2008 6:02am Jul 22, 2008 6:02am
hopefully this bad boy is gaining strength..

spoke 2 soon ....
Attached Image (click to enlarge)
Click to Enlarge Name: picturebmp.JPG Size: 151 KB
  • #76,753
  • Jul 22, 2008 6:03am Jul 22, 2008 6:03am
keep on guessing
When life gives you lemons, make lemonade
  • #76,754
  • Jul 22, 2008 6:05am Jul 22, 2008 6:05am
here we go

they want it from the upr trend..
  • #76,755
  • Jul 22, 2008 6:07am Jul 22, 2008 6:07am
just as I go short it shoots up
  • #76,756
  • Jul 22, 2008 6:09am Jul 22, 2008 6:09am
something is happening to the USD.. something bad. its losing ground on many fronts.

anyone knows what is happening?
  • #76,757
  • Jul 22, 2008 6:12am Jul 22, 2008 6:12am
Quoting nAVIN2007
hopefully this bad boy is gaining strength..

spoke 2 soon ....
USDCHF?
  • #76,758
  • Jul 22, 2008 6:12am Jul 22, 2008 6:12am
Quoting ragnakore
something is happening to the USD.. something bad. its losing ground on many fronts.

anyone knows what is happening?
Wachovia report is bad
  • #76,759
  • Jul 22, 2008 6:12am Jul 22, 2008 6:12am
Quoting micho
look i think it will go up to take all the stop losses of the guys who went short, then it will go down below 2 to take all the stop losses of the guys who went long and it will settle somewhere near 2
When life gives you lemons, make lemonade
  • #76,760
  • Jul 22, 2008 6:12am Jul 22, 2008 6:12am
Like i said trade what you see

+60 pips out for the day
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