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Cable Update (GBPUSD)

  • #77,221
  • Jul 23, 2008 12:38pm Jul 23, 2008 12:38pm
My freinds be aware of Swing pivot , Time of day and prior candles low has been broken....momentum has slowed and we might get a littel pullback or consolidation good luck..I would have closed my long...

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  • #77,222
  • Jul 23, 2008 12:40pm Jul 23, 2008 12:40pm
Quoting herry_winandi
why 1.985x?
It's the bottom of my channel on my 360 and 240 charts. Buy the lows, sell the highs.
Just digging in the trenches like everyone else!
  • #77,223
  • Jul 23, 2008 12:57pm Jul 23, 2008 12:57pm
Quoting Bones
Is he ever wrong?
im looking for a close over 2

i know ...now he is is a guy with plenty of experience lets see what happens...i wonder if this baby gonna make a new high or hold its way down despite last 4 hrs being rejected down...

bloody news..messed up my plans ...and jamie yes i know u told me so ... gone in 0.1 so i cant wait this out incase

what im seeing is oil fall and gold too and dollar index looking bullish and broke out of the downtrend..
  • #77,224
  • Jul 23, 2008 1:10pm Jul 23, 2008 1:10pm
Quoting nAVIN2007
i know ...now he is is a guy with plenty of experience lets see what happens...i wonder if this baby gonna make a new high or hold its way down despite last 4 hrs being rejected down...

bloody news..messed up my plans ...and jamie yes i know u told me so ... gone in 0.1 so i cant wait this out incase

what im seeing is oil fall and gold too and dollar index looking bullish and broke out of the downtrend..
In the back of my mind though I know the fed's tone on wanting a strong dollar has changed soo much over the last 3 months. This should not be ignored because at any moment they could unleash the fury. They are getting a lot of pressure for a strong dollar and at some point they will take action and not just offer lip service.

Im still GBP bullish and buying dips with this pair, but every month that goes by, I'm hearing a new tone of enough is enough. These guys have some game if they choose to go there. It's not a matter of if, it's when.
USD Est Non Mortuus
  • #77,225
  • Jul 23, 2008 1:14pm Jul 23, 2008 1:14pm
Quoting yank
I want join with all of you, but my english is not good,
so i never login or posting. My english is passive, I can understand reading your post, but i can't write it. Never been use english here
i'm leaving the day with -12 pips... i was able to makeup some pips on an 2.0005 short that i should have closed @ 1.9960 but chiken out, however you did called some moves right on the dot...

I ended closing the short on 1.9984

welcome to the thread...
  • #77,226
  • Jul 23, 2008 1:14pm Jul 23, 2008 1:14pm
long 9984 - jump out just before 0030

thats the plan

no big money shots here - just playing
  • #77,227
  • Jul 23, 2008 1:19pm Jul 23, 2008 1:19pm
Quoting allserene
long 9984 - jump out just before 0030

thats the plan

no big money shots here - just playing
your trying to close me out from my short at 2.0022. hmmm..
Just digging in the trenches like everyone else!
  • #77,228
  • Jul 23, 2008 1:21pm Jul 23, 2008 1:21pm
long @ 1.9980 looking to get out @ 2.0009
Please ask questions and share your experiences with us all!
  • #77,229
  • Jul 23, 2008 1:28pm Jul 23, 2008 1:28pm
Quoting bkg102665
long @ 1.9980 looking to get out @ 2.0009
....gold,euro and oil in a freefall and you want to go long?
  • #77,230
  • Jul 23, 2008 1:29pm Jul 23, 2008 1:29pm
That is so true lucky .All of it


Quoting LuckyLurker
In the back of my mind though I know the fed's tone on wanting a strong dollar has changed soo much over the last 3 months. This should not be ignored because at any moment they could unleash the fury. They are getting a lot of pressure for a strong dollar and at some point they will take action and not just offer lip service.

Im still GBP bullish and buying dips with this pair, but every month that goes by, I'm hearing a new tone of enough is enough. These guys have some game if they choose to go there. It's not a matter of if, it's when.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #77,231
  • Jul 23, 2008 1:33pm Jul 23, 2008 1:33pm
Quoting 30pips
....gold,euro and oil in a freefall and you want to go long?
Oil has been pretty flat all day and gold and euro seem to have stabilized for now. I am just looking for some retracement that is all, not a major move.
Please ask questions and share your experiences with us all!
  • #77,232
  • Jul 23, 2008 1:40pm Jul 23, 2008 1:40pm
i went out of my long early this morning.
i don't know what caused this bullish action in GBP,
maybe the 7-2 decision.
  • #77,233
  • Jul 23, 2008 1:41pm Jul 23, 2008 1:41pm
Quoting bkg102665
Oil has been pretty flat all day and gold and euro seem to have stabilized for now. I am just looking for some retracement that is all, not a major move.
Your retracement might be coming in the next 30 mins. I just closed my short from 2.0022. Hoping to enter again around the 2.002x area for another short.
Just digging in the trenches like everyone else!
  • #77,234
  • Jul 23, 2008 1:42pm Jul 23, 2008 1:42pm
Quoting tarektm
i went out of my long early this morning.
i don't know what caused this bullish action in GBP,
maybe the 7-2 decision.
Looks like the bullsh!t, I meanbullishness may be over
Please ask questions and share your experiences with us all!
  • #77,235
  • Jul 23, 2008 1:43pm Jul 23, 2008 1:43pm
Quoting eohater
Your retracement might be coming in the next 30 mins. I just closed my short from 2.0022. Hoping to enter again around the 2.002x area for another short.
a long shadow down is what we will see now.
and tomorrow, it's better to go short.
  • #77,236
  • Jul 23, 2008 1:43pm Jul 23, 2008 1:43pm
Quoting bkg102665
Looks like the bullsh!t, I meanbullishness may be over
Take it easy.
  • #77,237
  • Jul 23, 2008 1:44pm Jul 23, 2008 1:44pm
Quoting bkg102665
Oil has been pretty flat all day and gold and euro seem to have stabilized for now. I am just looking for some retracement that is all, not a major move.
oil pretty flat??? which charts you looking at. it went up to 129 and now in mid 124 level!! Now thats not flat! hopefully bring gbp down with it!
  • #77,238
  • Jul 23, 2008 1:45pm Jul 23, 2008 1:45pm
Quoting tarektm
i went out of my long early this morning.
i don't know what caused this bullish action in GBP,
maybe the 7-2 decision.

the market this week has totally finished me off in terms of no movement and emotion always made me bail then it flys....

a close of the 4hr under 1.9957 will convince this short is good
hope moe 50 lot is short
  • #77,239
  • Jul 23, 2008 1:46pm Jul 23, 2008 1:46pm
Quoting tarektm
i went out of my long early this morning.
i don't know what caused this bullish action in GBP,
maybe the 7-2 decision.
I also couldn't understand for this bullish action. One says rate hike, One says rate cut and 7 person says hold.
How that could be bullish indication for future rate hike? It's 1-1 draw.
Market behave weird sometimes.
Just wait in next couple of days this bullishness will go away and they will forget about all this 7-1-1 crap. I don't buy it.
I am dovish with GBP until I see it fall to 1.97 level only then I will buy. Not before that.
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  • #77,240
  • Jul 23, 2008 1:46pm Jul 23, 2008 1:46pm
Quoting tarektm
a long shadow down is what we will see now.
and tomorrow, it's better to go short.
I agree! Lower highs and lower lows since the 15th of July. Sell the highs and buy the dips.
Just digging in the trenches like everyone else!
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