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Cable Update (GBPUSD)

  • #89,661
  • Sep 30, 2008 9:37am Sep 30, 2008 9:37am
i got my 150$ for the day...

now we're heading for tp1 at 72
When life gives you lemons, make lemonade
  • #89,662
  • Sep 30, 2008 9:38am Sep 30, 2008 9:38am
next target 1.7842
When life gives you lemons, make lemonade
  • #89,663
  • Sep 30, 2008 9:46am Sep 30, 2008 9:46am
Quoting micho
next target 1.7842
Your target has been reached.......

I'm letting mine ride!!!

HOLLA
  • #89,664
  • Sep 30, 2008 9:46am Sep 30, 2008 9:46am
stop short from yesterday @7950
has finally opened
Jesus Christ is my only Lord !
  • #89,665
  • Sep 30, 2008 9:46am Sep 30, 2008 9:46am
looking for a bounce @ 7910

if it holds then am thinking long
  • #89,666
  • Sep 30, 2008 9:56am Sep 30, 2008 9:56am
Quoting Shilva
looking for a bounce @ 7910

if it holds then am thinking long
now looking for a retest of 7983 to see if it holds
  • #89,667
  • Sep 30, 2008 10:01am Sep 30, 2008 10:01am
Quoting Shilva
now looking for a retest of 7983 to see if it holds
It's busting levels like butter...
  • #89,668
  • Sep 30, 2008 10:06am Sep 30, 2008 10:06am
my short
but I am not sure it can continue
Jesus Christ is my only Lord !
  • #89,669
  • Sep 30, 2008 10:07am Sep 30, 2008 10:07am
Is this move really because of a poll for consumer confidence based on 5000 people for real or maybe all is not what it seems?
  • #89,670
  • Sep 30, 2008 10:07am Sep 30, 2008 10:07am
Quoting Shilva
It's busting levels like butter...
More like HOT WAX........

Looks like and end of month/quarter dump.....

HOLLA
  • #89,671
  • Sep 30, 2008 10:08am Sep 30, 2008 10:08am
could bounce from here
Attached Image (click to enlarge)
Click to Enlarge Name: cable h1-2.gif Size: 40 KB
  • #89,672
  • Sep 30, 2008 10:11am Sep 30, 2008 10:11am
Quoting Chris_35
Is this move really because of a poll for consumer confidence based on 5000 people for real or maybe all is not what it seems?

The question all of us have been asking ... no answers.
  • #89,673
  • Sep 30, 2008 10:13am Sep 30, 2008 10:13am
Quoting Turtle
More like HOT WAX........

Looks like and end of month/quarter dump.....

HOLLA

Trading is 80% Emotional, 20% Technical
  • #89,674
  • Sep 30, 2008 10:15am Sep 30, 2008 10:15am
Quoting mr.m
need a break below the low of this 4hr candle..for a short confirmation - 120 pip target thereafter - 15 min for candle to close...
this is done
  • #89,675
  • Sep 30, 2008 10:20am Sep 30, 2008 10:20am
sell stop @7748
Jesus Christ is my only Lord !
  • #89,676
  • Sep 30, 2008 10:22am Sep 30, 2008 10:22am
next target 1.7632~33
When life gives you lemons, make lemonade
  • #89,677
  • Sep 30, 2008 10:23am Sep 30, 2008 10:23am
i go away for 1 hr and miss the action..damn..looks like we going a lot lower
  • #89,678
  • Sep 30, 2008 10:26am Sep 30, 2008 10:26am
i just see 1.7500
  • #89,679
  • Sep 30, 2008 10:27am Sep 30, 2008 10:27am
ya
When life gives you lemons, make lemonade
  • #89,680
  • Sep 30, 2008 10:27am Sep 30, 2008 10:27am
Quoting Chris_35
Is this move really because of a poll for consumer confidence based on 5000 people for real or maybe all is not what it seems?
Recent market moves have nothing to do with any news report (economic data) They are being swung around by things like the bailout issues, banks failing, rumors of global rate cuts, etc etc.

Don't even try looking at news reports and trading - not until markets normalize.
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