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Cable Update (GBPUSD)

  • #85,941
  • Sep 4, 2008 4:55pm Sep 4, 2008 4:55pm
Quoting allserene
its going to 1.60 but not in a straight line

why not 1.45 ish eventually

This is F'in historic man. Liquidation globally ... Asia and London will push it further ...

something major is going on or going to happen ... I have never seen this in trading forex since I started 5 years ago.

Yikez ...

I'm scared to short at these levels at the moment cause i could get smacked ...

thoughts ya'll?
  • #85,942
  • Sep 4, 2008 5:06pm Sep 4, 2008 5:06pm
Quoting poweredbuyer
This is F'in historic man. Liquidation globally ... Asia and London will push it further ...

something major is going on or going to happen ... I have never seen this in trading forex since I started 5 years ago.

Yikez ...

I'm scared to short at these levels at the moment cause i could get smacked ...

thoughts ya'll?
I saw it at 1.1000 when I was working as european finance director for an american public company

My salary looked crap in the head office books as they were county boys at heart and saw it all in usd - like recently passportless sarah palin - and they were giving me 30% annual rises haha !

seems like yesterday actually
  • #85,943
  • Sep 4, 2008 5:10pm Sep 4, 2008 5:10pm
Quoting poweredbuyer
This is F'in historic man. Liquidation globally ... Asia and London will push it further ...

something major is going on or going to happen ... I have never seen this in trading forex since I started 5 years ago.

Yikez ...

I'm scared to short at these levels at the moment cause i could get smacked ...




thoughts ya'll?

Best to stay out of the market at this time
  • #85,944
  • Sep 4, 2008 5:18pm Sep 4, 2008 5:18pm
Any thoughts on a possible R/L for cable at the moment. Im just not sure!!
  • #85,945
  • Sep 4, 2008 5:24pm Sep 4, 2008 5:24pm
Quoting steelhead
Best to stay out of the market at this time
I concur, until you get a valid signal to short from your strategy.
"The trend is your friend, until the end."
  • #85,946
  • Sep 4, 2008 5:49pm Sep 4, 2008 5:49pm
get ready for another short - it's boring riding em down all the time - bit like surfin'

lets not make this complicated
  • #85,947
  • Sep 4, 2008 5:57pm Sep 4, 2008 5:57pm
im jumpin in short! whoohoooo whos with me? Broke the support... lets ride?
Lets do this...
  • #85,948
  • Sep 4, 2008 6:02pm Sep 4, 2008 6:02pm
Quoting jcminvest
im jumpin in short! whoohoooo whos with me? Broke the support... lets ride?

Am waiting 4 it to get to 7625 then i will enter for a short

what do you think
  • #85,949
  • Sep 4, 2008 6:06pm Sep 4, 2008 6:06pm
Quoting peulthai
Am waiting 4 it to get to 7625 then i will enter for a short

what do you think
Yeah not a bad idea... im already in. Instinct says if I broken support.. and I big one at that is broken then a continued trend shall follow. The only thing that has me a little concerned is the non-farm comming out tomorrow morning on the USD.... but I expect good reports and even if bad (this morning wasn't great for USD and still pulled through) I still feel confident in the ever falling Cable.... if it goes up then well.... cant say I didnt try right?
Lets do this...
  • #85,950
  • Sep 4, 2008 6:12pm Sep 4, 2008 6:12pm
Quoting jcminvest
Yeah not a bad idea... im already in. Instinct says if I broken support.. and I big one at that is broken then a continued trend shall follow. The only thing that has me a little concerned is the non-farm comming out tomorrow morning on the USD.... but I expect good reports and even if bad (this morning wasn't great for USD and still pulled through) I still feel confident in the ever falling Cable.... if it goes up then well.... cant say I didnt try right?
If it does go up just hold your short for 24 hours and you will be in profit!!!
Please ask questions and share your experiences with us all!
  • #85,951
  • Sep 4, 2008 6:14pm Sep 4, 2008 6:14pm
cable is going up
Good night folks !
  • #85,952
  • Sep 4, 2008 6:14pm Sep 4, 2008 6:14pm
Quoting bkg102665
If it does go up just hold your short for 24 hours and you will be in profit!!!
I know this thing is wicked man. I don't understand it. Its breaking all rules except hopefuly it holds one here for a change and continues after breaking support lvl. Anybody predicting anything for the non-farm? I hate holding trades through the weekend because sundays scare me. I just hope i can close well tomorrow afternoon
Lets do this...
  • #85,953
  • Sep 4, 2008 6:24pm Sep 4, 2008 6:24pm
Quoting eohater
Who see's 1.73 in the near future? I do, then 1.67, 1.57, then 1.47.
I still see this!
Just digging in the trenches like everyone else!
  • #85,954
  • Sep 4, 2008 6:34pm Sep 4, 2008 6:34pm
wowowow.. trade idea. : Enter 8400, SL 8000, Tp 7000/ or lower, adjust accordingly
  • #85,955
  • Sep 4, 2008 6:43pm Sep 4, 2008 6:43pm
Quoting therainmaker
wowowow.. trade idea. : Enter 8400, SL 8000, Tp 7000/ or lower, adjust accordingly
from where is this one coming?

will cable get to 8400? if yes when?

My God all forms of analyses!
  • #85,956
  • Sep 4, 2008 6:50pm Sep 4, 2008 6:50pm
junk your technicals - some people have shorts from 2.11 !!!

big ones

imagine that for a second


now ride it from the next peak down to 1.60
  • #85,957
  • Sep 4, 2008 6:50pm Sep 4, 2008 6:50pm
Quoting therainmaker
wowowow.. trade idea. : Enter 8400, SL 8000, Tp 7000/ or lower, adjust accordingly
hmmmm.....i'm lost!
Just digging in the trenches like everyone else!
  • #85,958
  • Sep 4, 2008 6:54pm Sep 4, 2008 6:54pm
any of you guys worried about the non-farms for usd tomorrow? or am I stressing over nothing?
Lets do this...
  • #85,959
  • Sep 4, 2008 6:59pm Sep 4, 2008 6:59pm
Quoting peulthai
from where is this one coming?

will cable get to 8400? if yes when?

My God all forms of analyses!

no la, my friend been enter short @ 1.84 since last week. Can't bear to close the position , yet.
  • #85,960
  • Sep 4, 2008 7:02pm Sep 4, 2008 7:02pm
Quoting jcminvest
any of you guys worried about the non-farms for usd tomorrow? or am I stressing over nothing?
Here's my thought, bear in mind I am NOT a fundamental trader. Non-farm payroll will come in bad, and drive her upto around 1.777x, from there we'll be back on the short path again.
Just digging in the trenches like everyone else!
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