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Cable Update (GBPUSD)

  • #80,681
  • Aug 7, 2008 1:04pm Aug 7, 2008 1:04pm
Yep ameri trini i live in trinidad wish you all good luck?
  • #80,682
  • Aug 7, 2008 1:08pm Aug 7, 2008 1:08pm
Quoting LuckyLurker
ill re-post this again compliments of Carerra..

http://www.forexfactory.com/showpost...ostcount=80593
Hey Lucky, hi everybody

Well, as we said, there are days and there are days.

I hope for those whom had a bad day or week, to be alive for one more day of trading and gain later on the pips back.

Why go long???? ( see here #80289, price got to the support easily) I still don't know but something is for sure, all currencies have to retrace at any point sometimes.
  • #80,683
  • Aug 7, 2008 1:09pm Aug 7, 2008 1:09pm
Quoting monies
Yep ameri trini i live in trinidad wish you all good luck?


SWEET SWEET TNT, so what kind of trader are you? how did you get into this?

Jamie.
  • #80,684
  • Aug 7, 2008 1:10pm Aug 7, 2008 1:10pm
Quoting AmeriTrini
Where the heck is Tone? Are we going to buy the heck outta this cable or what????


Not a Chance ... I'm not fighting the trend. Clearly the almighty Greenback is a better choice right now.

Why oh why do we continue to fight the trend and look for a Greedy entry. Wait till there is a clear sign the US Bull run is over (I haven't seen $hit yet to say its not).

OIL to fall further ...

I think a good time to go long is 92-93 area for the inevitable ride back to 98-99 ....

Until then ... I'm just watching
  • #80,685
  • Aug 7, 2008 1:10pm Aug 7, 2008 1:10pm
{Promotion Removed}
  • #80,686
  • Aug 7, 2008 1:22pm Aug 7, 2008 1:22pm
LOL,yea im thinking its at a bottom im also thinking oil will rise in the next 24hrs same as you Jamie
And the Eur-Usd

Quoting AmeriTrini
Where the heck is Tone? Are we going to buy the heck outta this cable or what????

On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,687
  • Aug 7, 2008 1:41pm Aug 7, 2008 1:41pm
Quoting Bones
LOL,yea im thinking its at a bottom im also thinking oil will rise in the next 24hrs same as you Jamie
And the Eur-Usd
there's got to be profit taking for the dollar at some point soon, I'm thinking tomorrow as it's the end of the week.
  • #80,688
  • Aug 7, 2008 1:47pm Aug 7, 2008 1:47pm
Quoting Bones
LOL,yea im thinking its at a bottom im also thinking oil will rise in the next 24hrs same as you Jamie
And the Eur-Usd

hopefully get a doji on this 4hr buddy
  • #80,689
  • Aug 7, 2008 1:48pm Aug 7, 2008 1:48pm
Exactly what worries me at this price is that is not evident id rather it fell a little more to give a nice candle to say that is the target.


Quoting spintrader
there's got to be profit taking for the dollar at some point soon, I'm thinking tomorrow as it's the end of the week.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,690
  • Aug 7, 2008 1:49pm Aug 7, 2008 1:49pm
Exactly ,lol
Quoting nAVIN2007
hopefully get a doji on this 4hr buddy
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,691
  • Aug 7, 2008 1:51pm Aug 7, 2008 1:51pm
I am a position trader? i got into this 3yrs ago ameritrini
  • #80,692
  • Edited 2:05pm Aug 7, 2008 1:53pm | Edited 2:05pm
But when I look at oil I see a real chance of a temporary bottom,a retrace ,profit taking,trend continuation
Or maybe a pause for breath
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #80,693
  • Aug 7, 2008 1:53pm Aug 7, 2008 1:53pm
Quoting monies
I am a position trader? i got into this 3yrs ago ameritrini

okay thats cool, I'm a swing trader/day trader. Where in TNT are you from?
  • #80,694
  • Aug 7, 2008 2:03pm Aug 7, 2008 2:03pm
Happy Trading to all...................
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  • #80,695
  • Aug 7, 2008 2:04pm Aug 7, 2008 2:04pm
No real news comming out tomorrow and cable not listening to technicals so we have to wait for high PPI and CPI figures next week to take cable up
  • #80,696
  • Aug 7, 2008 2:11pm Aug 7, 2008 2:11pm
continuation of last message to make picture more clear.
Attached Image (click to enlarge)
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  • #80,697
  • Aug 7, 2008 2:12pm Aug 7, 2008 2:12pm
I am from princestown(moruga).
  • #80,698
  • Aug 7, 2008 2:15pm Aug 7, 2008 2:15pm
Quoting monies
I am from princestown(moruga).

ME TOO!! well not Moruga but Manahambre rd. Do you trade at home or work?
  • #80,699
  • Aug 7, 2008 2:17pm Aug 7, 2008 2:17pm
At home? i do have a day time job but make more money trading?
  • #80,700
  • Aug 7, 2008 2:20pm Aug 7, 2008 2:20pm
Quoting AmeriTrini
Happy Trading to all...................
loving yur analysis bro...
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