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Cable Update (GBPUSD)

  • #83,181
  • Aug 20, 2008 6:00am Aug 20, 2008 6:00am
Quoting micho
hi man, i really dont know cause i am not trading cable this week.
maybe we will range again from 1.85 to 1.87 but better buy from the bottom and sell from the top of the channel lines with tight stops
Thanx!
Keep It Simple Stupid
  • #83,182
  • Aug 20, 2008 6:00am Aug 20, 2008 6:00am
I started trading live last month with the $500,000,000.00 that Salah sent me, after I promised him I will double it in 3 days Now I am losing 1 million a day and still smiling, why? Strict MM
Quoting Terri1
I started Trading with £500.00 18 months ago. Trading in December with a balance of £4997.00 LOST £4901.00 in 2 trades early Jan. Been back this last week, slowly, slowly. 10 pips here, 20 pips there!
  • #83,183
  • Aug 20, 2008 6:00am Aug 20, 2008 6:00am
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
If the U.S. indices sell off again today, this could weaken the strengthening of the dollar overnight correct or not really....the correlation isn't that strong?
"Wishful thinking dies hard." Igor T.
  • #83,184
  • Aug 20, 2008 6:01am Aug 20, 2008 6:01am
Quoting the_wizard
Good shorts now around 80 for a break of the lows at 40. Stops above 1.8600.
This is a beautiful market.

Highs of the move was 81.

Get ready for a break of the day lows. There should be some stop hunting down there. Perhaps a good place to add.
  • #83,185
  • Aug 20, 2008 6:07am Aug 20, 2008 6:07am
Quoting Alastair
Thanx!
just follow your own system man, you have to trust yourself cause everybody has his trading style

good luck for u
When life gives you lemons, make lemonade
  • #83,186
  • Aug 20, 2008 6:33am Aug 20, 2008 6:33am
hmmmmmmmmmm

shouldnt it be more towards to LONG... after all we are at the bottom level now... correct me if i am wrong
  • #83,187
  • Aug 20, 2008 6:38am Aug 20, 2008 6:38am
Quoting trading801
hmmmmmmmmmm

shouldnt it be more towards to LONG... after all we are at the bottom level now... correct me if i am wrong
when it reaches the bottom and hangs like that for so long... it means she is waiting to get more long entries in order to break down the channel and hunt as many stop losses possible
When life gives you lemons, make lemonade
  • #83,188
  • Aug 20, 2008 6:41am Aug 20, 2008 6:41am
This Is The Time To Go And Sell Gbp/usd If You Are Going To Do It , Do It Now
  • #83,189
  • Aug 20, 2008 6:46am Aug 20, 2008 6:46am
Quoting micho
when it reaches the bottom and hangs like that for so long... it means she is waiting to get more long entries in order to break down the channel and hunt as many stop losses possible

serious? this sounds scary
  • #83,190
  • Aug 20, 2008 6:47am Aug 20, 2008 6:47am
Quoting micho
when it reaches the bottom and hangs like that for so long... it means she is waiting to get more long entries in order to break down the channel and hunt as many stop losses possible
I sure hope you right bro.
im being hurt this week!
i need ky jelly...
Keep It Simple Stupid
  • #83,191
  • Aug 20, 2008 6:53am Aug 20, 2008 6:53am
lets talk fundamentals ... news wise, those were more or less expected.. not worst.. hence.. why will it drop more?
  • #83,192
  • Aug 20, 2008 7:01am Aug 20, 2008 7:01am
Quoting trading801
lets talk fundamentals ... news wise, those were more or less expected.. not worst.. hence.. why will it drop more?
im hoping the trend will continue..
Keep It Simple Stupid
  • #83,193
  • Aug 20, 2008 7:01am Aug 20, 2008 7:01am
NY starts

*rings bell
  • #83,194
  • Aug 20, 2008 7:09am Aug 20, 2008 7:09am
Quoting trading801
lets talk fundamentals ... news wise, those were more or less expected.. not worst.. hence.. why will it drop more?
cause news is not the thing that drives this pair, you saw what happens with every news event the pair moves in contradiction to the news. its just a game of banks stealing the money thats all. besides if this pair moves with the news, it does but everything is already priced 1 or 2 weeks prior to any news announcement
When life gives you lemons, make lemonade
  • #83,195
  • Aug 20, 2008 7:26am Aug 20, 2008 7:26am
Quoting trading801
lets talk fundamentals ... news wise, those were more or less expected.. not worst.. hence.. why will it drop more?

we can talk fundamentals as long as u need
first off we are in a down trend
y fight it with ur long?

fundamentally cable is weak mainly because dollar is strong and UK is in bad shape so a couple of small numbers wont make a difference

dont fight the trend because it is the easiest way to make money
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #83,196
  • Aug 20, 2008 7:27am Aug 20, 2008 7:27am

Quoting salah k.
we can talk fundamentals as long as u need
first off we are in a down trend
y fight it with ur long?

fundamentally cable is weak mainly because dollar is strong and UK is in bad shape so a couple of small numbers wont make a difference

dont fight the trend because it is the easiest way to make money
When life gives you lemons, make lemonade
  • #83,197
  • Aug 20, 2008 7:28am Aug 20, 2008 7:28am
Quoting shiva
I started trading live last month with the $500,000,000.00 that Salah sent me, after I promised him I will double it in 3 days Now I am losing 1 million a day and still smiling, why? Strict MM
good man
its better than giving that money to charity
lose it to the big boys they earned it
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #83,198
  • Aug 20, 2008 7:35am Aug 20, 2008 7:35am
Quoting salah k.
good man
its better than giving that money to charity
lose it to the big boys they earned it
salah give me 1000$, i will give it back to you 100,000 in 1 year loooooool
When life gives you lemons, make lemonade
  • #83,199
  • Aug 20, 2008 7:35am Aug 20, 2008 7:35am
Quoting micho
salah give me 1000$, i will give it back to you 100,000 in 1 year loooooool
100,000 L.L of course hahahaha
When life gives you lemons, make lemonade
  • #83,200
  • Aug 20, 2008 7:41am Aug 20, 2008 7:41am
Quoting micho
cause news is not the thing that drives this pair, you saw what happens with every news event the pair moves in contradiction to the news. its just a game of banks stealing the money thats all. besides if this pair moves with the news, it does but everything is already priced 1 or 2 weeks prior to any news announcement
This is the first time that I post in this place, but is like the fifth time that I hear about the same, Im new in this bussines, so can you explain me better all that thing of "banks stealing the money" or "already priced 1 or 2 weeks before"
thanks
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