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Cable Update (GBPUSD)

  • #86,441
  • Sep 8, 2008 9:57am Sep 8, 2008 9:57am
this is what i find worrying we seem to be on the bottom pretty much for the short, if it breaks this channel...my god!! we may find below hell

i dunno if it will go below....weekly candle got a fairly long shadow..could we have a temporary bottom????....technically if channel breaks we looking at possible 4000 pips down....i dunno, tha would be some crazy sh*t!!!!!!

assuming its a breakout offcourse
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  • #86,442
  • Sep 8, 2008 10:04am Sep 8, 2008 10:04am
Quoting nAVIN2007
this is what i find worrying we seem to be on the bottom pretty much for the short, if it breaks this channel...my god!! we may find below hell

i dunno if it will go below....weekly candle got a fairly long shadow..could we have a temporary bottom????....technically if channel breaks we looking at possible 4000 pips down....i dunno, tha would be some crazy sh*t!!!!!!

assuming its a breakout offcourse
I'll ride her ass all the way!
Just digging in the trenches like everyone else!
  • #86,443
  • Sep 8, 2008 10:05am Sep 8, 2008 10:05am
Quoting eohater
I'll ride her ass all the way!

  • #86,444
  • Sep 8, 2008 10:14am Sep 8, 2008 10:14am
Quoting Infinity
I hope you are ok after that move.... I also hope you revisited the definition of uptrend and downtrend....
Yup, at least i realized that never trade against the trend, But hey i did take 150pips this morning on buy, just didn't short or id have made a whooping 200-300 easy pisps
  • #86,445
  • Sep 8, 2008 10:26am Sep 8, 2008 10:26am
Get prepared for 1.74xx in 1-2 days...
  • #86,446
  • Sep 8, 2008 10:29am Sep 8, 2008 10:29am
Quoting sERDAr
Get prepared for 1.74xx in 1-2 days...
based on what?
  • #86,447
  • Sep 8, 2008 10:37am Sep 8, 2008 10:37am
whats happeming to the pound.at these rate the pound is going to drop to 0.0000 and it would be so useless to the brits cos it would only be used for arse wiping.lol
  • #86,448
  • Sep 8, 2008 10:55am Sep 8, 2008 10:55am
nAVIN

Could you post your 4h chart?

Thank you!
Just digging in the trenches like everyone else!
  • #86,449
  • Sep 8, 2008 10:56am Sep 8, 2008 10:56am
Quoting oolides
whats happeming to the pound.at these rate the pound is going to drop to 0.0000 and it would be so useless to the brits cos it would only be used for arse wiping.lol
Thats a bit harsh. ROFLMFAO. Labour and Darlings comments are killing it so we have to have the bloody Euro. Conspiracy theory LOL

cheerio.
  • #86,450
  • Sep 8, 2008 10:59am Sep 8, 2008 10:59am
I'm a dancing fool! I added two more shorts at 1.7655.
Just digging in the trenches like everyone else!
  • #86,451
  • Sep 8, 2008 11:00am Sep 8, 2008 11:00am
the pound is still overpriced, could always go nigeria and buy shit loads..
  • #86,452
  • Sep 8, 2008 11:03am Sep 8, 2008 11:03am
Quoting eohater
I'm a dancing fool! I added two more shorts at 1.7655.
I wonder if it will break.....

peircing formation on 5 minute..
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  • #86,453
  • Sep 8, 2008 11:05am Sep 8, 2008 11:05am
Quoting nAVIN2007
Thank you!
Just digging in the trenches like everyone else!
  • #86,454
  • Sep 8, 2008 11:11am Sep 8, 2008 11:11am
Quoting eohater
Thank you!
wellcome buddy ...
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  • #86,455
  • Sep 8, 2008 11:12am Sep 8, 2008 11:12am
Quoting therainmaker
trade idea. : Enter 8400, SL 8000, Tp 7000/ or lower, adjust accordingly
Panicked this morning that my SL would be hit and position closed @ 1.78977. =(

Reopen short position now at 1.76238.. Tp// 1.7 still.
  • #86,456
  • Sep 8, 2008 11:17am Sep 8, 2008 11:17am
Quoting therainmaker
Panicked this morning that my SL would be hit and position closed @ 1.78977. =(

Reopen short position now at 1.76238.. Tp// 1.7 still.
i must say im kinda enjoying this....cable i think over 2 month has taught every1.....go with the flipping trend, even hardsteall now going with it...

if u go long against cable, cable get mad
  • #86,457
  • Sep 8, 2008 11:21am Sep 8, 2008 11:21am
Quoting nAVIN2007
i must say im kinda enjoying this....cable i think over 2 month has taught every1.....go with the flipping trend, even hardsteall now going with it...

if u go long against cable, cable get mad
The trend is your friend till the bend at the end..

tata
  • #86,458
  • Sep 8, 2008 11:22am Sep 8, 2008 11:22am
Quoting MarineUK
The trend is your friend till the bend at the end..

tata
yeah.....thats a good one...
  • #86,459
  • Sep 8, 2008 11:34am Sep 8, 2008 11:34am
Quoting nAVIN2007
the pound is still overpriced, could always go nigeria and buy shit loads..
YEAH RITE.guess you can laugh now cos you made a lotta pips rite.duhhhhhhhhhhh pounds is crap now.i d rather spend my naira.duhhhhhhhhhhhhhhhhhhhhh
  • #86,460
  • Sep 8, 2008 11:42am Sep 8, 2008 11:42am
Quoting oolides
YEAH RITE.guess you can laugh now cos you made a lotta pips rite.duhhhhhhhhhhh pounds is crap now.i d rather spend my naira.duhhhhhhhhhhhhhhhhhhhhh
bro.....i was kidding, just making a point which is the pound is still strong, 1.7 dollars to pound id say is not worthless..
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