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Cable Update (GBPUSD)

  • #78,721
  • Jul 30, 2008 12:56am Jul 30, 2008 12:56am
Quoting scyang
I am not trying to discredit bloomberg. But check their past record. They have posted reports that said euro was going down for 1.43 several months ago. Instead euro made new highs. Take it with a grain of salt, not that I don't agree that euro will go down for the immediate future. But 1.45? I am not too sure about that. Depends on many factors.
Suppose it could just be sensationalism
  • #78,722
  • Jul 30, 2008 1:01am Jul 30, 2008 1:01am
Quoting Runway Trade
Suppose it could just be sensationalism
You notice that media always follow the actual price action and drives things to the ground. When euro is shooting up, they say it will break the ceiling. When euro is going down, they say it will crack the floor. They are never able to predict what's coming to meaningfully help people act ahead of time. So you have to deduce your own plan according to the dynamics of the marketplace.
Expected the unexpected
  • #78,723
  • Jul 30, 2008 1:16am Jul 30, 2008 1:16am
Hope everyone holding longs from yeasterday is still breathing. I think its about time to come up for some air. Its a new day and more money is waiting to be made.
Don't Get Bitter, Get Better
  • #78,724
  • Jul 30, 2008 1:20am Jul 30, 2008 1:20am
Quoting NuB
Hope everyone holding longs from yeasterday is still breathing. I think its about time to come up for some air. Its a new day and more money is waiting to be made.

dude no disrespect but holding longs from yesterday would be like suicide
i mean follow price action and dont defy it

if u said i went long it would be clear u were after retracement but the trend reversed looks like we are heading for 9700 first support
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #78,725
  • Jul 30, 2008 1:22am Jul 30, 2008 1:22am
hallo all,
could anyone tell me the sudden move down from 9810 to 9770 on a 5 min only... any update....?
thanks..........
  • #78,726
  • Jul 30, 2008 1:24am Jul 30, 2008 1:24am
Quoting NuB
Hope everyone holding longs from yeasterday is still breathing. I think its about time to come up for some air. Its a new day and more money is waiting to be made.
Hi NuB,
i hope cable move fast to breathing new air. my O2 tanke almost finish
  • #78,727
  • Jul 30, 2008 1:26am Jul 30, 2008 1:26am
Quoting salah k.
dude no disrespect but holding longs from yesterday would be like suicide
i mean follow price action and dont defy it

if u said i went long it would be clear u were after retracement but the trend reversed looks like we are heading for 9700 first support
I did not hold long. I fell asleep and my SL was hit on the fall to the bottom. I got my 50+ for yesterday. Its not my system to hold over night. But I know some people do. Thats all.
Don't Get Bitter, Get Better
  • #78,728
  • Jul 30, 2008 1:28am Jul 30, 2008 1:28am
Quoting NuB
I did not hold long. I fell asleep and my SL was hit on the fall to the bottom. I got my 50+ for yesterday. Its not my system to hold over night. But I know some people do. Thats all.
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #78,729
  • Jul 30, 2008 1:28am Jul 30, 2008 1:28am
Quoting NuB
Hope everyone holding longs from yeasterday is still breathing. I think its about time to come up for some air. Its a new day and more money is waiting to be made.
Good Morning.

Get this trick in gear Nub!

I just started a new long, so let's see where she goes

In @ 1.9780
Enlightened.
  • #78,730
  • Jul 30, 2008 1:29am Jul 30, 2008 1:29am
Quoting Abuawad
Hi NuB,
i hope cable move fast to breathing new air. my O2 tanke almost finish
We should be back to the 800's by the end of the day for you guys sake. Lets see what she does and just follow her picking up pips as they drop out her purse. Pimpin Pipin
Don't Get Bitter, Get Better
  • #78,731
  • Jul 30, 2008 1:31am Jul 30, 2008 1:31am
Quoting okinuriko
hallo all,
could anyone tell me the sudden move down from 9810 to 9770 on a 5 min only... any update....?
thanks..........
Lots of sellers. Could be some early morning stop hunting... who knows??

Or it could be a rocket ship to 1.96
Enlightened.
  • #78,732
  • Jul 30, 2008 1:34am Jul 30, 2008 1:34am
Dont worry my friend it is going up?
  • #78,733
  • Jul 30, 2008 1:35am Jul 30, 2008 1:35am
Quoting Galeforce 10
Good Morning.

Get this trick in gear Nub!

I just started a new long, so let's see where she goes

In @ 1.9780
That looks like a good price but I have to wait for my trigger. Somebody slapped her to the floor yesterday. Lets see how long it takes her to get back up and make that money.
Don't Get Bitter, Get Better
  • #78,734
  • Jul 30, 2008 1:35am Jul 30, 2008 1:35am
me = aside now
When life gives you lemons, make lemonade
  • #78,735
  • Jul 30, 2008 1:37am Jul 30, 2008 1:37am
Quoting monies
Dont worry my friend it is going up?

question or statement?
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #78,736
  • Jul 30, 2008 1:39am Jul 30, 2008 1:39am
closed for 30 pips and reverse
went long from 81 sl at 50 -swing
  • #78,737
  • Jul 30, 2008 1:46am Jul 30, 2008 1:46am
Quoting 5ysfx
closed for 30 pips and reverse
went long from 81 sl at 50 -swing
hello i read the details of your trading style, i dunno its like total chaos
When life gives you lemons, make lemonade
  • #78,738
  • Jul 30, 2008 1:48am Jul 30, 2008 1:48am
Quoting Runway Trade
I am now in two minds. The channel looks long, but Bloomberg just reported that August should be bearish for EUR down to 1.53xx and 1.45xx by year end. GBP might follow?
There are also predictions for GBP to fall to 1.9000 by year end. Who knows?
I do think that it will have a lot to do with cable weakness and not so much as dollar strength if that should happen.... Lets see.
  • #78,739
  • Jul 30, 2008 1:54am Jul 30, 2008 1:54am
Quoting micho
hello i read the details of your trading style, i dunno its like total chaos
among the chaos always is harmony
or
in Poland we say :
There is a method in this maddness
  • #78,740
  • Jul 30, 2008 1:56am Jul 30, 2008 1:56am
Quoting 5ysfx
among the chaos always is harmony
or
in Poland we say :
There is a method in this maddness
there is actually a scientific theory about that
u can find a straight and decisive pattern even in total chaos
"what doesn't bankrupt me, makes me stronger" modern nietzche
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