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Cable Update (GBPUSD)

  • #79,761
  • Aug 5, 2008 3:07am Aug 5, 2008 3:07am
Quoting micho
i wonder who is long from 1.97 or 1.98
we might never reach there
I have one entry at 1.9756
  • #79,762
  • Aug 5, 2008 3:08am Aug 5, 2008 3:08am
Quoting micho
i wonder who is long from 1.97 or 1.98
we might never reach there
Looks that way:nerd: Im short right now regaining some of my loss from yesterday.
Don't Get Bitter, Get Better
  • #79,763
  • Aug 5, 2008 3:08am Aug 5, 2008 3:08am
by the way how is moe doin? looks like no changes about his ban ?
  • #79,764
  • Aug 5, 2008 3:08am Aug 5, 2008 3:08am
Quoting micho
i wonder who is long from 1.97 or 1.98
we might never reach there
of course we will micho..but its just a matter of time...
  • #79,765
  • Aug 5, 2008 3:09am Aug 5, 2008 3:09am
Quoting mrmunir
here's my view warta..im ling gu 19555 sl 19500 TP 19600...but if it goes higher i will move my sl..lets see guys what will happen next...
Almost same here...


Price: 1.9555
Stop: 1.9525
Target: 1.9655
Que
  • #79,766
  • Aug 5, 2008 3:10am Aug 5, 2008 3:10am
Quoting DJ4x
I have one entry at 1.9756
i wish you good luck with that one
  • #79,767
  • Aug 5, 2008 3:11am Aug 5, 2008 3:11am
if 1.9550 is down, the next target is 1.9385 hehehehehe
enjoy the free fall
When life gives you lemons, make lemonade
  • #79,768
  • Aug 5, 2008 3:12am Aug 5, 2008 3:12am
It's funny that everybody is yelling for cable to go down to parity when it's been going down, just like people were calling for it to go to 3 when it hit 2.01xx only a bit over 2 weeks ago. I don't think the charts are telling you either one. I don't think the fundamentals are warranting this either. Let's all try to be very realistic and read what the technicals and fundamentals are telling you.
Expected the unexpected
  • #79,769
  • Aug 5, 2008 3:12am Aug 5, 2008 3:12am
Euro broke 1.55, you guys are moving to 1.94 and maybe lower after a retrace.. Good luck with the longs though... you'll need it.
On the path to Enrichment.
  • #79,770
  • Aug 5, 2008 3:12am Aug 5, 2008 3:12am
Quoting micho
if 1.9550 is down, the next target is 1.9385 hehehehehe
enjoy the free fall
Yes, it is free fall.
Have to go, chat later guys
  • #79,771
  • Aug 5, 2008 3:13am Aug 5, 2008 3:13am
if 19550 breakdown..first we will see 19510 and of course i will add more long there...
  • #79,772
  • Aug 5, 2008 3:14am Aug 5, 2008 3:14am
Quoting DJ4x
I have one entry at 1.9756
its been 3 days without retracement......
today..? hope it'll retrace to 1.9700 or at least 1.9650...









  • #79,773
  • Aug 5, 2008 3:14am Aug 5, 2008 3:14am
Quoting for_idea
by the way how is moe doin? looks like no changes about his ban ?
yeah bro moe is ok and doing well
and i think the moderator wana kill this thread aswell
as u can see there is no more ppl joining here like before
  • #79,774
  • Aug 5, 2008 3:17am Aug 5, 2008 3:17am
why would the moderator do that man?
  • #79,775
  • Aug 5, 2008 3:18am Aug 5, 2008 3:18am
michoo ta3a arguil ma3eh
  • #79,776
  • Aug 5, 2008 3:20am Aug 5, 2008 3:20am
Got my 50 back.
Don't Get Bitter, Get Better
  • #79,777
  • Aug 5, 2008 3:20am Aug 5, 2008 3:20am
Quoting Galeforce 10
Navin,

What do you see? Are you still holding your long positions?
i went long yesterday at 1.9606 and exited after 20 pips....dailly and wekly really bearish...i have no idea about going long...and to scared to short as it can easily go up retracements and all.....

i knew i should have gone short at 1.9600 ..start of downtrend, people holding longs above 1.9700 need to be carefull.
also gold hasnt found support yet...19500..might be a good place to long
  • #79,778
  • Aug 5, 2008 3:20am Aug 5, 2008 3:20am
Hiya, still most people here are thinking that cable would be long? I'm ready to short today. I'll be targeting only 50 pips as I'm not a longer term trader, seems like a lot of people here are holding on to their existing positions?
  • #79,779
  • Aug 5, 2008 3:21am Aug 5, 2008 3:21am
directly to the toilet

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  • #79,780
  • Aug 5, 2008 3:22am Aug 5, 2008 3:22am
Quoting warta
yeah bro moe is ok and doing well
and i think the moderator wana kill this thread aswell
as u can see there is no more ppl joining here like before
i still see a lot of benefits in this thread. this thread doesn't need a lot of people joining, it just needs pure nice analysis
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