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Cable Update (GBPUSD)

  • #77,781
  • Jul 25, 2008 3:43am Jul 25, 2008 3:43am
hallo all cable traders......any direction yet for today??nice to meet you all and hope can fulfill my knowledge on cable...cheerrsss........
  • #77,782
  • Jul 25, 2008 3:43am Jul 25, 2008 3:43am
i switch my long for a short before the news.....
shit!!!
  • #77,783
  • Jul 25, 2008 3:44am Jul 25, 2008 3:44am
Quoting okinuriko
hallo all cable traders......any direction yet for today??nice to meet you all and hope can fulfill my knowledge on cable...cheerrsss........
welcome to the thread!
Just digging in the trenches like everyone else!
  • #77,784
  • Jul 25, 2008 3:45am Jul 25, 2008 3:45am
955
  • #77,785
  • Jul 25, 2008 3:46am Jul 25, 2008 3:46am
Quoting Manny
i switch my long for a short before the news.....
shit!!!
this is why I don't trade the news and I get into my trade well before news comes out. I've been burned so many times by playing the news. When I use to trade other pairs, I found they responded to the news, cable just doesn't give a shit most of the time and does what it wants to.
Just digging in the trenches like everyone else!
  • #77,786
  • Jul 25, 2008 3:47am Jul 25, 2008 3:47am
Quoting okinuriko
hallo all cable traders......any direction yet for today??nice to meet you all and hope can fulfill my knowledge on cable...cheerrsss........
welcome to board
When life gives you lemons, make lemonade
  • #77,787
  • Jul 25, 2008 3:47am Jul 25, 2008 3:47am
Quoting okinuriko
hallo all cable traders......any direction yet for today??nice to meet you all and hope can fulfill my knowledge on cable...cheerrsss........

wellcome and enjoy.
  • #77,788
  • Jul 25, 2008 3:48am Jul 25, 2008 3:48am
well cable today has alot of technicals that point it should go down, however its holding and trying to pull up instead.

this happens often on fridays so might be the cause, but has to actual direction as yet
  • #77,789
  • Jul 25, 2008 3:49am Jul 25, 2008 3:49am
my prediction is cable still going down today...
the upmove is likely only for around 991x the could go down to test yesterday low...
by the way it's not only prediction but also my hope cause im on short ..... hehehe
  • #77,790
  • Jul 25, 2008 3:49am Jul 25, 2008 3:49am
Quoting eohater
this is why I don't trade the news and I get into my trade well before news comes out. I've been burned so many times by playing the news. When I use to trade other pairs, I found they responded to the news, cable just doesn't give a shit most of the time and does what it wants to.
Especially on a friday!!!
  • #77,791
  • Jul 25, 2008 3:50am Jul 25, 2008 3:50am
It time to follow this Trick down the street and see how much money she drops out her purse. Short @ 886
Don't Get Bitter, Get Better
  • #77,792
  • Jul 25, 2008 3:50am Jul 25, 2008 3:50am
I set an entry stop at buy 9902 and sell 9845. see what hapen.
  • #77,793
  • Jul 25, 2008 3:51am Jul 25, 2008 3:51am
Quoting adrianebn
well cable today has alot of technicals that point it should go down, however its holding and trying to pull up instead.

this happens often on fridays so might be the cause, but has to actual direction as yet

Do you mind posting a chart showing what you mean?
Just digging in the trenches like everyone else!
  • #77,794
  • Jul 25, 2008 3:51am Jul 25, 2008 3:51am
i actualy closed all my positions right now for a few pips, cause its friday and dont wanna get into a move that might reverse on monday start

but yes, short is what indicators are saying but its trying to push it up
  • #77,795
  • Jul 25, 2008 3:51am Jul 25, 2008 3:51am
UP ... Cable ... UP
Attached Image
  • #77,796
  • Jul 25, 2008 3:53am Jul 25, 2008 3:53am
Quoting eohater
this is why I don't trade the news and I get into my trade well before news comes out. I've been burned so many times by playing the news. When I use to trade other pairs, I found they responded to the news, cable just doesn't give a shit most of the time and does what it wants to.
my plan was set up since last nite... I went over this mf a couple of times... then this morning i go completely against it!
  • #77,797
  • Jul 25, 2008 3:54am Jul 25, 2008 3:54am
Quoting adrianebn
i actualy closed all my positions right now for a few pips, cause its friday and dont wanna get into a move that might reverse on monday start

but yes, short is what indicators are saying but its trying to push it up
technicals point up 100% nothing say down except the bearish candle yesterday, but u have to remeber price is a upward chanel and it cant breach channel it only going up...
  • #77,798
  • Jul 25, 2008 3:55am Jul 25, 2008 3:55am
Quoting NuB
It time to follow this Trick down the street and see how much money she drops out her purse. Short @ 886
I'm hittin the pipe for ya! But I'm still long with multiples from 1.984x area. I hope you come down here and close my ass out so I can reload around 1.979x area.
Just digging in the trenches like everyone else!
  • #77,799
  • Jul 25, 2008 3:55am Jul 25, 2008 3:55am
am out till the USA news
good luck all
btw no short before 940 area
have a nice trade guys
  • #77,800
  • Jul 25, 2008 3:56am Jul 25, 2008 3:56am
Quoting nAVIN2007
technicals point up 100% nothing say down except the bearish candle yesterday, but u have to remeber price is a upward chanel and it cant breach channel it only going up...
Just digging in the trenches like everyone else!
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