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Cable Update (GBPUSD)

  • #87,081
  • Sep 10, 2008 3:31pm Sep 10, 2008 3:31pm
hi,

anyone have a target for the drop?

i'm reading 1.7507 from my chart or if project lower is 1.7489.

any other target?
loss 100k in Forex, up 1k, still have 99% to go!!
  • #87,082
  • Sep 10, 2008 3:33pm Sep 10, 2008 3:33pm
i'm long at 7530
  • #87,083
  • Sep 10, 2008 3:35pm Sep 10, 2008 3:35pm
Quoting Ritz
i'm long at 7530
nzd interest rate is within few and that might push the usd higher, hence gbpusd lower, so do you think its a good position? because im already involved with a long position
I recommend you read something else as this sentence is now concluded.
  • #87,084
  • Sep 10, 2008 3:37pm Sep 10, 2008 3:37pm
Quoting Ritz
i'm long at 7530
Same here. Not holding it very long though.
Just digging in the trenches like everyone else!
  • #87,085
  • Sep 10, 2008 3:37pm Sep 10, 2008 3:37pm
Quoting Obaidah
nzd interest rate is within few and that might push the usd higher, hence gbpusd lower, so do you think its a good position? because im already involved with a long position
I don't know about that nzd interest rate. I long based on my technical analysis on gbpusd chart.

hope cable will go long.

AMIN.
  • #87,086
  • Sep 10, 2008 3:39pm Sep 10, 2008 3:39pm
Quoting eohater
Same here. Not holding it very long though.
I'm closed out. Told you it wasn't going to be for very long.
Just digging in the trenches like everyone else!
  • #87,087
  • Sep 10, 2008 4:16pm Sep 10, 2008 4:16pm
close short with nice 30 pips , sleeping time, good night all.
loss 100k in Forex, up 1k, still have 99% to go!!
  • #87,088
  • Sep 10, 2008 4:20pm Sep 10, 2008 4:20pm
is this thing playing games or what it broke the support by 20 pips and still its ranging.... wtf?????
  • #87,089
  • Sep 10, 2008 4:25pm Sep 10, 2008 4:25pm
a move below 1.7490 might be a good sign for a ride down to 1.7240
I recommend you read something else as this sentence is now concluded.
  • #87,090
  • Sep 10, 2008 4:28pm Sep 10, 2008 4:28pm
i went long.... wheres the retrace?.... uh oh
Lets do this...
  • #87,091
  • Sep 10, 2008 4:30pm Sep 10, 2008 4:30pm
daily suggests nice down move....

look at the schocastics and macd histo....

if 9469 is taken out...look out below...
Attached Image (click to enlarge)
Click to Enlarge Name: day.GIF Size: 20 KB
Patience + Discipline - Greed = Success
  • #87,092
  • Sep 10, 2008 4:33pm Sep 10, 2008 4:33pm
Quoting Infinity
daily suggests nice down move....

look at the schocastics and macd histo....

if 9469 is taken out...look out below...
Damnit, we all saw then ideal entry when it bounced off the 4h 5 and 10 ma. Now it's time to find a place to fit in.
Just digging in the trenches like everyone else!
  • #87,093
  • Sep 10, 2008 4:35pm Sep 10, 2008 4:35pm
Quoting Infinity
daily suggests nice down move....

look at the schocastics and macd histo....

if 7469 is taken out...look out below...
Watch it stop 5 pips shy and pull back for now!
Just digging in the trenches like everyone else!
  • #87,094
  • Sep 10, 2008 4:35pm Sep 10, 2008 4:35pm
Quoting Ritz
i'm long at 7530
closed with -50
shit!!

I will short again later if price go up at 1.7520
The daily shows bearish candle.
  • #87,095
  • Sep 10, 2008 4:39pm Sep 10, 2008 4:39pm

yeah im not liking this long position but I am hoping on a bounce off of 5 ma.... if not I may take the loss... any opinions on my position? I longed at 7540

Lets do this...
  • #87,096
  • Sep 10, 2008 4:39pm Sep 10, 2008 4:39pm
Quoting eohater
it would be better if it was near the upper downward channel resistance. I'm not in a trade currently, waiting for a ride.
Your bear flag is playing out quite nicely
  • #87,097
  • Sep 10, 2008 4:40pm Sep 10, 2008 4:40pm
Quoting Ritz
closed with -50
shit!!

I will short again later if price go up at 1.7520
The daily shows bearish candle.

its crazy isnt all day when there volatility it plays games and in the night when volume meant to be low it breaks....i am fedup of placing trades which are good and losing money..i need to find a solution to control myself..
  • #87,098
  • Sep 10, 2008 4:41pm Sep 10, 2008 4:41pm
Quoting nAVIN2007
its crazy isnt all day when there volatility it plays games and in the night when volume meant to be low it breaks....i am fedup of placing trades which are good and losing money..i need to find a solution to control myself..
Xanax!
USD Est Non Mortuus
  • #87,099
  • Sep 10, 2008 4:41pm Sep 10, 2008 4:41pm
Quoting eohater
Damnit, we all saw then ideal entry when it bounced off the 4h 5 and 10 ma. Now it's time to find a place to fit in.
I took it but closed it out because I expected some buying before triple interest payments...I opened a short at 9520 after the day close and closed it at 90...I'm waiting for another entry....
Patience + Discipline - Greed = Success
  • #87,100
  • Sep 10, 2008 4:41pm Sep 10, 2008 4:41pm
Quoting Ritz
closed with -50
shit!!

I will short again later if price go up at 1.7520
The daily shows bearish candle.
Thank you for your honesty on the lose!
Just digging in the trenches like everyone else!
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