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Cable Update (GBPUSD)

  • #80,821
  • Aug 7, 2008 10:41pm Aug 7, 2008 10:41pm
Quoting steelhead
Anyone want to join me for a long position at 9300. Call me crazy but there was no logical reason for the tank on this. By Next week 1.9800 again
I am long at 9296.
  • #80,822
  • Aug 7, 2008 10:46pm Aug 7, 2008 10:46pm
1.9268 is the lowest point I have ever seen since I started forex trading technically in June of 2007. Thanks GOD that I funded my accounts until 1.89/90 and I don't think it will go that low otherwise UK will be in toilet for a long time to come out and back up to 1.97/98.....

Can anyone tell me what is the bottom and I can give you one hint for whoever tell me because I think 1.9268 is the bottom bottom and I think if it didn't go below so this is the great entry point for Long; what do you think guys;
  • #80,823
  • Aug 7, 2008 10:50pm Aug 7, 2008 10:50pm
Quoting asyed4
1.9268 is the lowest point I have ever seen since I started forex trading technically in June of 2007. Thanks GOD that I funded my accounts until 1.89/90 and I don't think it will go that low otherwise UK will be in toilet for a long time to come out and back up to 1.97/98.....

Can anyone tell me what is the bottom and I can give you one hint for whoever tell me because I think 1.9268 is the bottom bottom and I think if it didn't go below so this is the great entry point for Long; what do you think guys;
1.9146 is the bottom if it break this we in job center..thx god we not close to end of month..let this be a warning to those that think we going above 2.04 aint happening
  • #80,824
  • Aug 7, 2008 10:52pm Aug 7, 2008 10:52pm
The cable just broke all supports of 2008, I never seen anything like this...............never.

Technically, a lower low is in place on the daily, now time for a lower high!!!!!!
  • #80,825
  • Aug 7, 2008 10:55pm Aug 7, 2008 10:55pm
if this 1 h close above 320 will form a nice reversal pin bar after a R level
  • #80,826
  • Aug 7, 2008 10:57pm Aug 7, 2008 10:57pm
Quoting AmeriTrini
The cable just broke all supports of 2008, I never seen anything like this...............never.

Technically, a lower low is in place on the daily, now time for a lower high!!!!!!

jamie whats happening here bro..any idea?
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  • #80,827
  • Aug 7, 2008 11:04pm Aug 7, 2008 11:04pm
Quoting nAVIN2007
jamie whats happening here bro..any idea?
The BEAR has returned for the pound!!!!!!!!!!! We may have next week be bullish for the pound, but that is only for the long term BEAR to resume. These supports were a major hurdle for the $ to overcome and it has happened, so look for something lower than 2.0150 as another top, huh, even that might be too high. Somewhere along the lines of 1.9880 might be more realistic!!.
  • #80,828
  • Aug 7, 2008 11:08pm Aug 7, 2008 11:08pm
Quoting AmeriTrini
The BEAR has returned for the pound!!!!!!!!!!! We may have next week be bullish for the pound, but that is only for the long term BEAR to resume. These supports were a major hurdle for the $ to overcome and it has happened, so look for something lower than 2.0150 as another top, huh, even that might be too high. Somewhere along the lines of 1.9880 might be more realistic!!.

u think london can do something today ? i cant see any place for a bullish swing this week
  • #80,829
  • Aug 7, 2008 11:09pm Aug 7, 2008 11:09pm
tony when u wake up ..u wanted it a bit lower..this low enough bro.....
my thought go out to all those that are long way up....where the hell are the bulls..???
  • #80,830
  • Aug 7, 2008 11:10pm Aug 7, 2008 11:10pm
Quoting warta
u think london can do something today ? i cant see any place for a bullish swing this week
London may start the new wave.
  • #80,831
  • Aug 7, 2008 11:11pm Aug 7, 2008 11:11pm
Quoting warta
u think london can do something today ? i cant see any place for a bullish swing this week
i think we sinking right to 1.9163 (better be the max) then people will buy like crazy i pray
  • #80,832
  • Aug 7, 2008 11:12pm Aug 7, 2008 11:12pm
here is the bull navin

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  • #80,833
  • Edited 11:24pm Aug 7, 2008 11:13pm | Edited 11:24pm
Quoting warta
here is the bull navin

Attachment



i woke up to take a leak thought let me see my winning position and first reaction is..."what the hell" .....now sleep has gone 100%

for the first time in trading i seen every short target met.....all 3 weekly support levels and s levels achieved and its not even friday morning yet..might go up now..
  • #80,834
  • Aug 7, 2008 11:16pm Aug 7, 2008 11:16pm
Quoting nAVIN2007


i woke up to take a leak thought let me see my winning position and first reaction is..."what the hell" .....now sleep has gone 100%
yea, I can't sleep either................there isn't an emoticon for how I feel.

I'm long at 9668, I'm an idiot!!!
  • #80,835
  • Aug 7, 2008 11:17pm Aug 7, 2008 11:17pm
Quoting nAVIN2007


i woke up to take a leak thought let me see my winning position and first reaction is..."what the hell" .....now sleep has gone 100%
same shit hahahha i found myself in a nice red pips lol but my position is only 1/2 micro lot
  • #80,836
  • Aug 7, 2008 11:17pm Aug 7, 2008 11:17pm
As crazy as this may sound this thing could sit tight until london open. retrace to 19338 or so and then by us open one last surge down if the last bit of data is positive. It's obvious higher powers are calling the shots for some serious dollar strength right now.
  • #80,837
  • Aug 7, 2008 11:19pm Aug 7, 2008 11:19pm
tkx god i closed all my big lots last night with some green
  • #80,838
  • Aug 7, 2008 11:21pm Aug 7, 2008 11:21pm

  • #80,839
  • Aug 7, 2008 11:23pm Aug 7, 2008 11:23pm
Quoting AmeriTrini
yea, I can't sleep either................there isn't an emoticon for how I feel.

I'm long at 9668, I'm an idiot!!!
that was understandable buddy...i mean this move is hectic at least with your experience u have the goods to get through it...smart mm

i with u all the way on this one
  • #80,840
  • Aug 7, 2008 11:24pm Aug 7, 2008 11:24pm
Quoting nAVIN2007
that was understandable buddy...i mean this move is hectic at least with your experience u have the goods to get through it...smart mm

i with u all the way on this one

hey guys we have to accept the red pips with a large smile as we do with green pips
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