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Cable Update (GBPUSD)

  • #85,161
  • Sep 1, 2008 3:15am Sep 1, 2008 3:15am
I just went long....
  • #85,162
  • Sep 1, 2008 3:15am Sep 1, 2008 3:15am
why are u long quicksilver? (serious question not being rude) I am short because gap refused to close earlier and we are in a big time downtrend also
British economy facing 'worst downturn in 60 years' - Darling

  • #85,163
  • Sep 1, 2008 3:15am Sep 1, 2008 3:15am
Quoting Qu|cksilver
Seems like everyone still going short.
Am i the only one going long??
no no.. you are not the only one.. i have long position too.. 1.8050 SL @1.7950 TP @1.8250
  • #85,164
  • Sep 1, 2008 3:17am Sep 1, 2008 3:17am
You guys are making me nervous!
I'm +17 pips atm on my short, wondering if I made the wrong decision now =-/

edit: Make that +21 pips
Do you think the karate kid knows kung-fu?
  • #85,165
  • Sep 1, 2008 3:20am Sep 1, 2008 3:20am
Quoting Qu|cksilver
Seems like everyone still going short.
Am i the only one going long??
I'm with you long.. =)
  • #85,166
  • Sep 1, 2008 3:20am Sep 1, 2008 3:20am
Quoting salah k.
dude its trend trading
should be damn easy for u

anyway hows bilo
he didnt send me anythin
yes i know what you mean salo but i dont usually trade "trends"
i trend based on statistical history but now not anymore to this pair cause pattern changed, i start working on the trend system like others

bilo is ok, he did the operation but we didnt talk he just sent a message
When life gives you lemons, make lemonade
  • #85,167
  • Sep 1, 2008 3:21am Sep 1, 2008 3:21am
Quoting mr.leahy
why are u long quicksilver? (serious question not being rude) I am short because gap refused to close earlier and we are in a big time downtrend also
British economy facing 'worst downturn in 60 years' - Darling

I'm long because on 2hr chart price can't break the support. So i assume price is going long. But i don't know if PMI news later will break the support.
"Invest With The Insiders, Not The Masses" George Muzea
  • #85,168
  • Sep 1, 2008 3:22am Sep 1, 2008 3:22am
How long till PMI news again?
Do you think the karate kid knows kung-fu?
  • #85,169
  • Sep 1, 2008 3:23am Sep 1, 2008 3:23am
fair enough
  • #85,170
  • Sep 1, 2008 3:23am Sep 1, 2008 3:23am
Quoting micho
yes i know what you mean salo but i dont usually trade "trends"
i trend based on statistical history but now not anymore to this pair cause pattern changed, i start working on the trend system like others

bilo is ok, he did the operation but we didnt talk he just sent a message
ah ok
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #85,171
  • Sep 1, 2008 3:23am Sep 1, 2008 3:23am
Big gap down as asian session open reacts to darling's w/e comments re Uk economy. gap remains open heading into 0830am gmt Uk data, forecasts for which look mildly £ negative...just over 5mins to those releases at time of writing.

intraday remains generally bearish in line with trend, so long as gap remains open i guess.
ex member
  • #85,172
  • Sep 1, 2008 3:24am Sep 1, 2008 3:24am
WOW these messages are making me nervous and regret why i even got into the market Long. I hope the news gets it up....
  • #85,173
  • Sep 1, 2008 3:26am Sep 1, 2008 3:26am
OMG news in 5 minutes i feel like i am gambling right now.... I'm about to have high blood pressure
  • #85,174
  • Sep 1, 2008 3:26am Sep 1, 2008 3:26am
closed my short from72 +22 pips (pre-news close) holding short from 125
  • #85,175
  • Sep 1, 2008 3:26am Sep 1, 2008 3:26am
Quoting Qu|cksilver
Seems like everyone still going short.
Am i the only one going long??
don't worry bro your are not the only one thinking for long....I am one of them thinking same like you....however better fasten your seat belt to avoid any problem....better hit SL rather than keep floating with red color.....
  • #85,176
  • Sep 1, 2008 3:27am Sep 1, 2008 3:27am
Quoting Forextrader4
OMG news in 5 minutes i feel like i am gambling right now.... I'm about to have high blood pressure
me too.....
  • #85,177
  • Sep 1, 2008 3:31am Sep 1, 2008 3:31am
Can anybody PLEASE tell me what happened with news??????
  • #85,178
  • Sep 1, 2008 3:32am Sep 1, 2008 3:32am
Congratulations, longs
Out for +10 pips =-/
Do you think the karate kid knows kung-fu?
  • #85,179
  • Sep 1, 2008 3:32am Sep 1, 2008 3:32am
Darn , good news for GBP, just exit my short trade with -9 pips hehe
  • #85,180
  • Sep 1, 2008 3:33am Sep 1, 2008 3:33am
Quoting Qu|cksilver
I'm long because on 2hr chart price can't break the support. So i assume price is going long. But i don't know if PMI news later will break the support.
When life gives you lemons, make lemonade
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