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Cable Update (GBPUSD)

  • #80,301
  • Aug 6, 2008 9:26am Aug 6, 2008 9:26am
Hey Dan have you made any today?
  • #80,302
  • Aug 6, 2008 9:27am Aug 6, 2008 9:27am
may be now is time to go up.
I see hidden bullish divergence on 4hr chart.
It's right??
Attached Image (click to enlarge)
Click to Enlarge Name: gbp30-7.gif Size: 22 KB
  • #80,303
  • Aug 6, 2008 9:27am Aug 6, 2008 9:27am
Quoting poweredbuyer
I disagree bro ... with Halifax data coming out and rate statement tommorow (they will keep it at 5) I think 1.93 before a retracement of any sorts.

Nobody agreed when I called 96 last week :-( and I exited my shorts at 97 ... Im adding shorts as we go ... tommorow will be a 150-200 pip plunge.

my useless 2 cents.

Look at the last 10 significant economic data releases for GBP and none are in the green. I think tommorow comments by the BOE will be negative and they will admit that they are slipping into a recession.
either way .....dailly tells me this is time to move up..i missed the wave down....aint missing it up...
  • #80,304
  • Aug 6, 2008 9:27am Aug 6, 2008 9:27am
final buy order triggered at 9494. sweet. This is my main position with the remainder of my lots.

This is worked out great.. according to my chart posted on Sunday Jul 26, 2008 11:09am

http://www.forexfactory.com/showpost...ostcount=77960
USD Est Non Mortuus
  • #80,305
  • Aug 6, 2008 9:30am Aug 6, 2008 9:30am
Quoting LuckyLurker
final buy order triggered at 9494. sweet. This is my main position with the remainder of my lots.

This is worked out great.. according to my chart posted on Sunday Jul 26, 2008 11:09am

http://www.forexfactory.com/showpost...ostcount=77960
I'm glad I'm not the only one riding this bitch long! I'd like to get a couple more added before I leave.
Just digging in the trenches like everyone else!
  • #80,306
  • Aug 6, 2008 9:30am Aug 6, 2008 9:30am
Quoting Marko31
Well is that a new donwtrend or the market will range ?


http://img353.imageshack.us/img353/9...b7039755ce.jpg
Dude, you need to resize your chart. Also use the attachment funtion.
  • #80,307
  • Aug 6, 2008 9:31am Aug 6, 2008 9:31am
Quoting eohater
I'm glad I'm not the only one riding this bitch long! I'd like to get a couple more added before I leave.


hahah I absolutly agree I hope it gets down there one more time so i can postion my self there im just scalping down tho....

But TOTAL agree.
  • #80,308
  • Aug 6, 2008 9:34am Aug 6, 2008 9:34am
Quoting eohater
I'm glad I'm not the only one riding this bitch long! I'd like to get a couple more added before I leave.
Im glad I held out with the bulk of my lots for this position. The other 2 are just single lots each. Good money to be made on this.
USD Est Non Mortuus
  • #80,309
  • Aug 6, 2008 9:35am Aug 6, 2008 9:35am
Quoting Manny
my free margin gave up, now i can only make tiny trades!

im sorry to hear this bro
  • #80,310
  • Aug 6, 2008 9:36am Aug 6, 2008 9:36am
Quoting Carrera
Dude, you need to resize your chart. Also use the attachment funtion.
Yep
Trade at Your Own Risk.
  • #80,311
  • Aug 6, 2008 9:43am Aug 6, 2008 9:43am
Quoting LuckyLurker
Im glad I held out with the bulk of my lots for this position. The other 2 are just single lots each. Good money to be made on this.
Lurker you are fearless and a time lord who knows the future !

If we are still ranging per the daily charts then yes there is 400 pips up here

If you are wrong and it's the start of the dive, then there are 1400 pips down

So where will you put your stop loss assuming you have one ?


My tight s/l's got hit but at least it didnt bounce back up after
  • #80,312
  • Aug 6, 2008 9:49am Aug 6, 2008 9:49am
One question i have for everyone.. and please let me know if im wrong but "why go against the trend DOWN???
  • #80,313
  • Aug 6, 2008 9:54am Aug 6, 2008 9:54am
What the hell, I just added another one! That's 6!
Just digging in the trenches like everyone else!
  • #80,314
  • Aug 6, 2008 9:54am Aug 6, 2008 9:54am
Quoting allserene
Lurker you are fearless and a time lord who knows the future !

If we are still ranging per the daily charts then yes there is 400 pips up here

If you are wrong and it's the start of the dive, then there are 1400 pips down

So where will you put your stop loss assuming you have one ?


My tight s/l's got hit but at least it didnt bounce back up after
My risk is set to 9189, which is well within my 7%mm. So all in all very stress free. I'm not expecting to lose on this one, but if so, i wont be wounded. Risk for this is around 18k.
USD Est Non Mortuus
  • #80,315
  • Aug 6, 2008 9:56am Aug 6, 2008 9:56am
Quoting Mr PIP DADDY
One question i have for everyone.. and please let me know if im wrong but "why go against the trend DOWN???
i see support near 480 are and i see it getting tired and oversold

so it will not harm if i go long and wait until friday with 100 to 200 pips profit

i am talking about short term only
  • #80,316
  • Aug 6, 2008 9:57am Aug 6, 2008 9:57am
Quoting msniper
i see support near 480 are and i see it getting tired and oversold

so it will not harm if i go long and wait until friday with 100 to 200 pips profit

i am talking about short term only

Ok i see what you are saying..
  • #80,317
  • Aug 6, 2008 10:07am Aug 6, 2008 10:07am
Quoting Mr PIP DADDY
One question i have for everyone.. and please let me know if im wrong but "why go against the trend DOWN???
Well, I guess that is kind of addiction. Cowboy trading.

Don't worry, they will get it in the hard way or another.
  • #80,318
  • Aug 6, 2008 10:09am Aug 6, 2008 10:09am
Quoting Carrera
Well, I guess that is kind of addiction. Cowboy trading.

Don't worry, they will get it in the hard way or another.

allrighty thanks..... well its currently trying to break that S1 may do it who knows....
  • #80,319
  • Aug 6, 2008 10:10am Aug 6, 2008 10:10am
Quoting Mr PIP DADDY
Ok i see what you are saying..

this what make me think of buying GU

does it make sense ?
Attached Image (click to enlarge)
Click to Enlarge Name: daily.png Size: 22 KB
  • #80,320
  • Aug 6, 2008 10:11am Aug 6, 2008 10:11am
Quoting Marko31
Well is that a new donwtrend or the market will range ?
hey...little buddy there...

will you post pic in smaller size?


I wish someone give you infraction next time you do that again...
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