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Cable Update (GBPUSD)

  • #85,701
  • Sep 3, 2008 8:36am Sep 3, 2008 8:36am
for the nice trading day
+53 pps

Good luck to all!
Jesus Christ is my only Lord !
  • #85,702
  • Sep 3, 2008 8:37am Sep 3, 2008 8:37am
as Newbie I'm Looking for short at 1.7786
The Ottelo way's find the mutual system to wins
  • #85,703
  • Sep 3, 2008 8:37am Sep 3, 2008 8:37am
MNI - CABLE - 9/3/2008 8:25:15 AM

CABLE: Extends recovery to $1.7773 meeting resistance from offers placed around the $1.7775 level (61.8% retracement of the fall from Asian highs at $1.7839 to $1.7669). A break above this level to open a move on toward $1.7800 (76.4%) one trader has suggested. Bids now seen placed back at $1.7710/00.
  • #85,704
  • Sep 3, 2008 8:40am Sep 3, 2008 8:40am
Next stop, 1.7803
  • #85,705
  • Sep 3, 2008 8:42am Sep 3, 2008 8:42am
hope mr.leahy cashed out his shorts when he was in positive
  • #85,706
  • Sep 3, 2008 8:42am Sep 3, 2008 8:42am
ya no worries lol
  • #85,707
  • Sep 3, 2008 8:42am Sep 3, 2008 8:42am
Fist T/P hit, 1.7827 next res.
  • #85,708
  • Sep 3, 2008 8:44am Sep 3, 2008 8:44am
was any news released to cause this rally?
  • #85,709
  • Sep 3, 2008 8:45am Sep 3, 2008 8:45am
1.7955 is not out of the question today, fellows.

Jim
  • #85,710
  • Sep 3, 2008 8:45am Sep 3, 2008 8:45am
wow this sucker is really moving up. looking for a short opportunity
  • #85,711
  • Sep 3, 2008 8:50am Sep 3, 2008 8:50am
It may go up to around 1.7845 and consolidate for awhile.

Jim

Quoting mr.leahy
wow this sucker is really moving up. looking for a short opportunity
  • #85,712
  • Sep 3, 2008 8:50am Sep 3, 2008 8:50am
erm took somwhat risky short at 7794
  • #85,713
  • Sep 3, 2008 8:51am Sep 3, 2008 8:51am
Quoting n9com
was any news released to cause this rally?
canadiaan interest rate came out at 3percent,unchanged.the dollar lost to that by over 100pips.i want to believe treder were looking for an excuse to buy.anyway i dont think the trend will change.so i'll sell when i see a signal
  • #85,714
  • Sep 3, 2008 8:55am Sep 3, 2008 8:55am
Very bad idea to just jump in especially when pair is badly in need of correction.

Quoting mr.leahy
erm took somwhat risky short at 7794
  • #85,715
  • Sep 3, 2008 8:56am Sep 3, 2008 8:56am
It could turn out good for him, though.
  • #85,716
  • Sep 3, 2008 8:56am Sep 3, 2008 8:56am
Quoting emmyi29
canadiaan interest rate came out at 3percent,unchanged.the dollar lost to that by over 100pips.i want to believe treder were looking for an excuse to buy.anyway i dont think the trend will change.so i'll sell when i see a signal
kind of a late reaction to this then? that was 55 mins ago
  • #85,717
  • Sep 3, 2008 8:57am Sep 3, 2008 8:57am
Quoting hard1head1
Very bad idea to just jump in especially when pair is badly in need of correction.

agreed, but he's probably going to claim that 100 trades were made for 1000pips today, funny how everybody wins and no one loses, if I was only a winner, I for one would never be on forex factory!!!
  • #85,718
  • Sep 3, 2008 8:59am Sep 3, 2008 8:59am
Quoting hard1head1
Very bad idea to just jump in especially when pair is badly in need of correction.
I know what you are saying and this is in fact more risk than i usually take but I'm up a ton on the day and the trend is still down so i decided to roll the dice we/ll see how it works out
  • #85,719
  • Sep 3, 2008 9:02am Sep 3, 2008 9:02am
Quoting AmeriTrini
agreed, but he's probably going to claim that 100 trades were made for 1000pips today, funny how everybody wins and no one loses, if I was only a winner, I for one would never be on forex factory!!!

hey thanks for assuming Im a liar nice to hear from u
  • #85,720
  • Sep 3, 2008 9:02am Sep 3, 2008 9:02am
Quoting mr.leahy
I know what you are saying and this is in fact more risk than i usually take but I'm up a ton on the day and the trend is still down so i decided to roll the dice we/ll see how it works out
Where are all the traders?, suddenly this place has turned into a casino.....LOL!!
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