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Cable Update (GBPUSD)

  • #87,821
  • Sep 14, 2008 9:48pm Sep 14, 2008 9:48pm
pending short orders at 1.8200 if they're not reached for this week then i doubt im gonna trade this week (unless there're good news on Lehman)
I recommend you read something else as this sentence is now concluded.
  • #87,822
  • Sep 14, 2008 10:48pm Sep 14, 2008 10:48pm
Quoting fx local
why go long? everyone knows that trend is just stick with it, look for opps for good entries, be patient and pips come...


the answer is cause it was a buy setup. The answer is because there were buyers coming into the market. This was a perfect long setup. As was the e/u later in the week.


This is why you don't pay attention to indicators you pay attention to price action. This is why you dont pay attention to all the clutter from this forum.

It's all right there in the charts. READ THEM. Stop fooling around with useless indicators
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  • #87,823
  • Sep 14, 2008 11:01pm Sep 14, 2008 11:01pm
So long or short now?
Keep It Simple Stupid
  • #87,824
  • Sep 14, 2008 11:13pm Sep 14, 2008 11:13pm
I'm waiting for the signal to come for the GBP/USD on the one hour chart to enter short.
  • #87,825
  • Sep 14, 2008 11:21pm Sep 14, 2008 11:21pm
Quoting DirkH143
I'm waiting for the signal to come for the GBP/USD on the one hour chart to enter short.
i dont think that today is a good day to enter a trade, or lets just say big dogs might try to fill the unfilled gap and so traders will drive the direction further, the best trade for me to take this week is after the Feds rate
I recommend you read something else as this sentence is now concluded.
  • #87,826
  • Sep 14, 2008 11:21pm Sep 14, 2008 11:21pm
is anybody seeing an inverted shooting star on the hourly/???
could be a sign of a alittle retrace
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  • #87,827
  • Sep 14, 2008 11:38pm Sep 14, 2008 11:38pm
Quoting DirkH143
I'm waiting for the signal to come for the GBP/USD on the one hour chart to enter short.
Good Luck to you
  • #87,828
  • Sep 14, 2008 11:45pm Sep 14, 2008 11:45pm
inverted shooting star...never fails. drop should voer the weekend gap
  • #87,829
  • Sep 14, 2008 11:55pm Sep 14, 2008 11:55pm
Check out the 4 hr. chart. It just agrees with the 1hr. chart and predicts the down trend.
  • #87,830
  • Sep 14, 2008 11:56pm Sep 14, 2008 11:56pm
Quoting msheno01
is anybody seeing an inverted shooting star on the hourly/???
could be a sign of a alittle retrace
The shooting star is falling heavily !!!
WHo shot it down ???
  • #87,831
  • Sep 14, 2008 11:57pm Sep 14, 2008 11:57pm
I think it will go down. Lehman filled for chapter 11. Another big dent in the financial's.
  • #87,832
  • Sep 15, 2008 12:01am Sep 15, 2008 12:01am
regardless of what it'll do...the volatility will be insane. Please trade wisely and use good MM.

GU will cover the weekend gap as it has almost done( to my knowledge) in the past. Just make sure your wise with your trades
  • #87,833
  • Sep 15, 2008 12:05am Sep 15, 2008 12:05am
Quoting DirkH143
I think it will go down. Lehman filled for chapter 11. Another big dent in the financial's.
wouldn't that make the US dollar go down?
  • #87,834
  • Sep 15, 2008 12:14am Sep 15, 2008 12:14am
Got a question. I just read that Bank of America will buy Merrill Lynch for 50 billion. What does this mean now for the market???
  • #87,835
  • Sep 15, 2008 12:27am Sep 15, 2008 12:27am
FORMER US FED CHAIRMAN GREENSPAN SAYS VERY BAD IDEA TO GET RID OF SHORT SELLING


now what does that mean?
I recommend you read something else as this sentence is now concluded.
  • #87,836
  • Sep 15, 2008 12:40am Sep 15, 2008 12:40am
i guess today maybe ranging trend..
"Invest With The Insiders, Not The Masses" George Muzea
  • #87,837
  • Sep 15, 2008 1:26am Sep 15, 2008 1:26am
There are alot of rumors and news going around right now and the minute some important person scratches their head, the market will react...im out. I traded short term on these ups and downs. I make about 150+ pips from all these movement. hope you guys had the same results.
  • #87,838
  • Sep 15, 2008 1:31am Sep 15, 2008 1:31am
Huge drop... and I had just opened long position.
  • #87,839
  • Sep 15, 2008 1:45am Sep 15, 2008 1:45am
i hope u have a large sl for ur long
  • #87,840
  • Sep 15, 2008 2:14am Sep 15, 2008 2:14am
lol shooting star n a bull **** star
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