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Cable Update (GBPUSD)

  • #83,941
  • Aug 25, 2008 9:05am Aug 25, 2008 9:05am
Hm.. not much move with the USD news. Price bounce at support on 1hr channel.

Hope it will break the channel later.
I'm going to sleep now.
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"Invest With The Insiders, Not The Masses" George Muzea
  • #83,942
  • Aug 25, 2008 9:11am Aug 25, 2008 9:11am
Quoting eohater
I'll be going short at 1.866x. I played off that price last week, let's see how this week takes to it.
I'm not so sure we will see that level before a retest of 8400...
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Patience + Discipline - Greed = Success
  • #83,943
  • Aug 25, 2008 9:13am Aug 25, 2008 9:13am
I'm still holding short until 8460
  • #83,944
  • Aug 25, 2008 9:14am Aug 25, 2008 9:14am
Quoting Infinity
I'm not so sure we will see that level before a retest of 8400...

yeah man ..im feeling the same thing..1.8500 need to break thou..
  • #83,945
  • Aug 25, 2008 9:23am Aug 25, 2008 9:23am
Quoting Infinity
I'm not so sure we will see that level before a retest of 8400...
Neither am I, but on my 4 hour it's the top of the channel for my current candle.

On a side note, this is why I don't trade the news. Good data for US should be causing this to fall, but it's just sitting here.
Just digging in the trenches like everyone else!
  • #83,946
  • Aug 25, 2008 9:24am Aug 25, 2008 9:24am
Quoting nAVIN2007
im short if this goes wrong im out of the market and gonna demo for ever...
I hope she falls to 1.84 for you then!
Just digging in the trenches like everyone else!
  • #83,947
  • Aug 25, 2008 9:24am Aug 25, 2008 9:24am
Hope everyone made some pips last night as i went long and pocketed a quick 30 pips. I think we should see a good +30 pips to the upwards again before having the price going down again and retesting some important levels. Long at 1.8526 and looking for my magic 30 pips....
  • #83,948
  • Aug 25, 2008 9:25am Aug 25, 2008 9:25am
Quoting eohater
I hope she falls to 1.84 for you then!
U and me both bro..
  • #83,949
  • Aug 25, 2008 9:28am Aug 25, 2008 9:28am
I thinh i will buy litlle SLk if this drop to 1.840 continues.

Have a nice day
I am back. Actually, I never left...
  • #83,950
  • Aug 25, 2008 9:32am Aug 25, 2008 9:32am
There is some resistance at 1.8505 level which is also 0.0 Fib
  • #83,951
  • Aug 25, 2008 9:37am Aug 25, 2008 9:37am
i just realise i placed the identical trade where i got stopped out...hopefully second time lucky..
  • #83,952
  • Aug 25, 2008 9:44am Aug 25, 2008 9:44am
Quoting nAVIN2007
i just realise i placed the identical trade where i got stopped out...hopefully second time lucky..
did u go long or short
  • #83,953
  • Aug 25, 2008 9:53am Aug 25, 2008 9:53am
Quoting nAVIN2007
i just realise i placed the identical trade where i got stopped out...hopefully second time lucky..
Did you secure profit?
Just digging in the trenches like everyone else!
  • #83,954
  • Aug 25, 2008 9:54am Aug 25, 2008 9:54am
Quoting nAVIN2007
i just realise i placed the identical trade where i got stopped out...hopefully second time lucky..
That's how it should be bro. Then you lose nothing if it goes to your favor
Go figure.. Simplicity work
  • #83,955
  • Aug 25, 2008 9:59am Aug 25, 2008 9:59am
Quoting tokwanden
That's how it should be bro. Then you lose nothing if it goes to your favor
Dude, I don't know what your screen name stands for, but I like it! Here's how I interpret it: Toke one then! Yeah! I'm taken a toke on that!
Just digging in the trenches like everyone else!
  • #83,956
  • Aug 25, 2008 10:08am Aug 25, 2008 10:08am
Quoting eohater
Dude, I don't know what your screen name stands for, but I like it! Here's how I interpret it: Toke one then! Yeah! I'm taken a toke on that!
I bet you do . It' stand for "My Grand Father". An attribution for him.
Go figure.. Simplicity work
  • #83,957
  • Aug 25, 2008 10:13am Aug 25, 2008 10:13am
Quoting tokwanden
I bet you do . It' stand for "My Grand Father". An attribution for him.
Excellent! Praise to your grandfather!

I'll take a hit for him too!
Just digging in the trenches like everyone else!
  • #83,958
  • Aug 25, 2008 10:33am Aug 25, 2008 10:33am
Suddenly this thread become quiet . The old man used to tell me, If thing like this happen, meaning that angle is crossing around.

Everybody suspenses watching the bar/candles. I'm not in the bull or bear side, I'm int the out side.
Go figure.. Simplicity work
  • #83,959
  • Aug 25, 2008 10:44am Aug 25, 2008 10:44am
The 150 sma is coming in on the 0% fib on the 15 min chart so we may see some good resistance here and a turn back to the 38% fib or 1.8500
Please ask questions and share your experiences with us all!
  • #83,960
  • Aug 25, 2008 10:55am Aug 25, 2008 10:55am
Quoting bkg102665
The 150 sma is coming in on the 0% fib on the 15 min chart so we may see some good resistance here and a turn back to the 38% fib or 1.8500
cable just blew through the 150sma on the 15 min chart... took a 26 pip loss
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