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Cable Update (GBPUSD)

  • #89,801
  • Oct 1, 2008 8:21am Oct 1, 2008 8:21am
Quoting hipcio
+70
  • #89,802
  • Oct 1, 2008 8:25am Oct 1, 2008 8:25am
Quoting AmeriTrini
We might even touch or go past 7600!!!
i am still holding my short, and I am going for1.7585
  • #89,803
  • Oct 1, 2008 8:26am Oct 1, 2008 8:26am
My short is closed out. Looking for it to pull back around 1.774x for another entry short.
Just digging in the trenches like everyone else!
  • #89,804
  • Oct 1, 2008 8:28am Oct 1, 2008 8:28am
What is the vote/chance %:

cable will still retrace to close the gap on monday open?
  • #89,805
  • Oct 1, 2008 8:29am Oct 1, 2008 8:29am
Quoting Jnita
What is the vote/chance %:

cable will still retrace to close the gap on monday open?
I don't think we will be closing the gap until we atleast go to 1.7450.
Just digging in the trenches like everyone else!
  • #89,806
  • Oct 1, 2008 8:34am Oct 1, 2008 8:34am
Quoting Jnita
What is the vote/chance %:

cable will still retrace to close the gap on monday open?
nay
  • #89,807
  • Oct 1, 2008 8:47am Oct 1, 2008 8:47am
If the ISM comes out bullish, we definately hitting 7600!!
  • #89,808
  • Oct 1, 2008 8:47am Oct 1, 2008 8:47am
Quoting micho
i got my pips
sorry guys i was trading the AUDUSD not the GBP got confused
at least those that listened to u would have made money....

i have a feeling this week this bottom gonna break.. pip me u might have a position people will kill for
  • #89,809
  • Oct 1, 2008 8:50am Oct 1, 2008 8:50am
Quoting nAVIN2007
at least those that listened to u would have made money....
thats right Navin
Jesus Christ is my only Lord !
  • #89,810
  • Oct 1, 2008 8:54am Oct 1, 2008 8:54am
Quoting nAVIN2007
at least those that listened to u would have made money....

i have a feeling this week this bottom gonna break.. pip me u might have a position people will kill for

it happened to me not long ago to mix with chf
Jesus Christ is my only Lord !
  • #89,811
  • Oct 1, 2008 9:02am Oct 1, 2008 9:02am
I would exit my shorts here to be on the safe side............lock in profit!!
  • #89,812
  • Oct 1, 2008 9:05am Oct 1, 2008 9:05am
Quoting AmeriTrini
you wish it would take direction???............are we looking at the same charts?
Been ranging since after yesterdays news. Droped again with todays non farm news, but where to now. News like this does not give direction only knee jerks.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 20 KB
  • #89,813
  • Oct 1, 2008 9:05am Oct 1, 2008 9:05am
it seems to be that the pound is dead.
Bad figures for U.S. and the pound goes down.....hmmm
PIPPED TO THE LINE
  • #89,814
  • Oct 1, 2008 9:13am Oct 1, 2008 9:13am
Quoting trickytrader
it seems to be that the pound is dead.
Bad figures for U.S. and the pound goes down.....hmmm
currency is protected...imagine if £ gained strength, dollar would be in a bigger mess...i have been reading a book and the author say " if your 100% sure of what gonna happen yur 100% likely to be wrong....."

i thought that was halarious especially as i turn down so many trades cause i wasnt 100% sure and when i was sure i certainly got it!
  • #89,815
  • Oct 1, 2008 9:13am Oct 1, 2008 9:13am
looking to sell from bounce Around 1.7700 to 1.7736 if it could go there
  • #89,816
  • Oct 1, 2008 9:16am Oct 1, 2008 9:16am
Quoting nAVIN2007
currency is protected...imagine if £ gained strength, dollar would be in a bigger mess...i have been reading a book and the author say " if your 100% sure of what gonna happen yur 100% likely to be wrong....."

i thought that was halarious especially as i turn down so many trades cause i wasnt 100% sure and when i was sure i certainly got it!
hmmm, then when you are 100% sure, you should do the opposite of what youintended right?
anyway, there is no such thing as 100% in the market. I wouldn't even be 100% sure the world will exist in 10 minutes.
PIPPED TO THE LINE
  • #89,817
  • Oct 1, 2008 9:17am Oct 1, 2008 9:17am
Quoting trickytrader
it seems to be that the pound is dead.
Bad figures for U.S. and the pound goes down.....hmmm
that sign of a bear market
Trading is 80% Emotional, 20% Technical
  • #89,818
  • Oct 1, 2008 9:19am Oct 1, 2008 9:19am
Quoting trickytrader
hmmm, then when you are 100% sure, you should do the opposite of what youintended right?
anyway, there is no such thing as 100% in the market. I wouldn't even be 100% sure the world will exist in 10 minutes.
yeah thats a good point however i got burnt in august because i really thought i was 100% sure...so i well and truelly learnt that lesson
  • #89,819
  • Oct 1, 2008 9:19am Oct 1, 2008 9:19am
to open short @7620
Jesus Christ is my only Lord !
  • #89,820
  • Oct 1, 2008 9:25am Oct 1, 2008 9:25am
Quoting fx local
that sign of a bear market
Hi Guys,
Been away for a long now just got back and have been reading your exploits... may i have some pips?

Am short at 7658 Tp at 7615.

What do you think guys
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