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Cable Update (GBPUSD)

  • #93,661
  • Oct 24, 2008 1:28am Oct 24, 2008 1:28am
Quoting nangro
insane!
freaking!!!!!! insane and getting boring

nothing can stop it....wtf is going on a invasion?
  • #93,662
  • Oct 24, 2008 1:33am Oct 24, 2008 1:33am
Quoting eohater
Here's yesterday's chart for me. I hope it helps.

Thanks for sharing. Great trades.

You have a system unlike anything I've read or seen.

I am trying to follow, but seem to lag behind a bit. I hope you continue to post your charts, so I could try and catch up.
  • #93,663
  • Oct 24, 2008 1:38am Oct 24, 2008 1:38am
Shame, this poor old girl is getting blattered along with her friend, Euro. Everytime I see the new low, I picture the Queen in rags... looks like my mother-in-law now...

Is playing a retrace too risky and what signal to get in?
Ride the Bulls bearback!
  • #93,664
  • Oct 24, 2008 1:38am Oct 24, 2008 1:38am
Quoting nAVIN2007
freaking!!!!!! insane and getting boring

nothing can stop it....wtf is going on a invasion?
worse...

my zar now R11.37/$1, R18.22/£1 , R14.55/€1
  • #93,665
  • Oct 24, 2008 2:00am Oct 24, 2008 2:00am
Quoting dakrusha
hey guys, just wanted to give you the 411..i had a talk with GU today. She's a bit of a nag but she said she's going below 6000 today...just thought you should know.

hate to say it...but i told ya
  • #93,666
  • Oct 24, 2008 2:03am Oct 24, 2008 2:03am
..can't believe it! till when?..retrace?
  • #93,667
  • Oct 24, 2008 2:20am Oct 24, 2008 2:20am
any help?do u guy this trend is about to reverse?
  • #93,668
  • Oct 24, 2008 2:22am Oct 24, 2008 2:22am
Quoting enoh james a
any help?do u guy this trend is about to reverse?
overall trend is still down. if you wanna go long it won't be for long you need to find local supports and resistance...trade to and from them
  • #93,669
  • Oct 24, 2008 2:24am Oct 24, 2008 2:24am
Quoting enoh james a
any help?do u guy this trend is about to reverse?
wait for the news..
  • #93,670
  • Oct 24, 2008 2:33am Oct 24, 2008 2:33am
here who knows wat the German Flash Manufacturing PMI news is going to do to the market?
  • #93,671
  • Oct 24, 2008 2:33am Oct 24, 2008 2:33am
If you don't have one a newsfeed, this Ransquawk news feed is brilliant for brief audio updates to what's happening in US and Euro markets. Also very quick and easy for getting the economic news items without visually hunting for them.

http://retail.ransquawk.com/
Ride the Bulls bearback!
  • #93,672
  • Oct 24, 2008 2:35am Oct 24, 2008 2:35am
Quoting enoh james a
any help?do u guy this trend is about to reverse?
Looking for reversal seems very tiresome bussines,
it is much easier to follow the trend, looking for retrace
to enter position,
of course it can happen today,
but if You had been looking for reversal last weeks
You would miss many great opp. to make trades with trend,
I know - looking at myself - that it would be very nice to be the first
to find the bottom,
but the probabillty of such event seems not to be very high - for me of course.
Jesus Christ is my only Lord !
  • #93,673
  • Oct 24, 2008 2:39am Oct 24, 2008 2:39am
Quoting hipcio
Looking for reversal seems very tiresome bussines,
it is much easier to follow the trend, looking for retrace
to enter position,
of course it can happen today,
but if You had been looking for reversal last weeks
You would miss many great opp. to make trades with trend,
I know - looking at myself - that it would be very nice to be the first
to find the bottom,
but the probabillty of such event seems not to be very high - for me of course.
truthfully we are more likely to find a bottom at 1.5.
you can prob expect to see a pretty strong bounce there. poss as much as 1000 or more pips before it returns back to 1.5 to retest and possibly go lower.
  • #93,674
  • Oct 24, 2008 2:54am Oct 24, 2008 2:54am
Quoting eohater
I'm not sold on a position right now. I'm gonna grab something to eat, be back in about 30.
Your loss bro...it's tumbling down
  • #93,675
  • Oct 24, 2008 3:30am Oct 24, 2008 3:30am
this is getting ridiculous...
When life gives you lemons, make lemonade
  • #93,676
  • Oct 24, 2008 3:37am Oct 24, 2008 3:37am
Quoting spintrader
This thing is going into the 1.5's I'm sure of it. You're all welcome to laugh at me if I'm proven wrong!
Sorry, but I just just woke up to check on my short, and I couldn't resist.
  • #93,677
  • Oct 24, 2008 3:40am Oct 24, 2008 3:40am
Damn, I jumped in late and only got 140 pips off that Armageddon slide. Very bad data for UK.
Ride the Bulls bearback!
  • #93,678
  • Oct 24, 2008 3:41am Oct 24, 2008 3:41am
my monthly chart screams: 1.40 here we come
this is very cautious target, the momentum suggests 1.30-1.20
  • #93,679
  • Oct 24, 2008 3:44am Oct 24, 2008 3:44am
What actually happen ?
300 pipsin less than 5 minutes.
Anybody can enlighten me ?
  • #93,680
  • Oct 24, 2008 3:47am Oct 24, 2008 3:47am
Does anyone have something to hide/delete the BUY button. I won't be using that for a while.
Ride the Bulls bearback!
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