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Cable Update (GBPUSD)

  • #95,781
  • Nov 5, 2008 1:22pm Nov 5, 2008 1:22pm
Quoting micho
yo2borne lamitta
yo2borne l shemmeeeem ana
btishbah taba3 one night at mc coool's
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #95,782
  • Nov 5, 2008 1:23pm Nov 5, 2008 1:23pm
Quoting salah k.
yalla man we can
shou what do u think of the market
i mean with a rate cut tomorrow
and and trichet opening his mouth
from what is appearing now, we have a nice down trend that broke some levels... lets see where it will go.. then we can sell retracements

cause i was concerned about the up trend today but hope the down trend overtakes it and we can sell again all the way

what do you think?
When life gives you lemons, make lemonade
  • #95,783
  • Nov 5, 2008 1:24pm Nov 5, 2008 1:24pm
1.59 strong level
When life gives you lemons, make lemonade
  • #95,784
  • Nov 5, 2008 1:24pm Nov 5, 2008 1:24pm
Ok guys, I've gotta get up and move around. I'm still short and moving my SL with the movements. I'll be back before the close of the US Session to determine my position from there.

Good luck to everyone and I hope your all making some good pips!
Just digging in the trenches like everyone else!
  • #95,785
  • Nov 5, 2008 1:28pm Nov 5, 2008 1:28pm
Quoting eohater
Ok guys, I've gotta get up and move around. I'm still short and moving my SL with the movements. I'll be back before the close of the US Session to determine my position from there.

Good luck to everyone and I hope your all making some good pips!
Patience + Discipline - Greed = Success
  • #95,786
  • Nov 5, 2008 1:28pm Nov 5, 2008 1:28pm
Quoting eohater
Ok guys, I've gotta get up and move around. I'm still short and moving my SL with the movements. I'll be back before the close of the US Session to determine my position from there.

Good luck to everyone and I hope your all making some good pips!
see you
When life gives you lemons, make lemonade
  • #95,787
  • Nov 5, 2008 1:30pm Nov 5, 2008 1:30pm
Quoting Inzider
1.6000/1.6054 bouncing making a head and sholder pattern!?
Then south to 1.5900...?
Target Hit!

Quoting ezodisy
interesting, thanks for pointing that out Inzider. We've got a similar pattern on gbp/jpy too.
Thx for your insight! Made some pips over it!

Take care!
  • #95,788
  • Nov 5, 2008 1:32pm Nov 5, 2008 1:32pm
Quoting m00jiman
Awesome dude!!!!!

I was pissed off actually for missing that big move earlier, but got back from lunch, fresh mind, shorted from top, longed at 6000 to 6050 in total of 150 pips.

I feel so much better now. Watching for bounce possible 15m50ema, if not 1hr62ema.
Wonderfull ! Perfectly prediction ! Touches 1hr62ema and bounced. Let see till what level she goes up !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #95,789
  • Nov 5, 2008 1:37pm Nov 5, 2008 1:37pm
Quoting Inzider
Target Hit!



Thx for your insight! Made some pips over it!

Take care!
You too. IMO the big fall will come towards close of NY session if this is still playing out. Check out the left shoulder formation.
  • #95,790
  • Nov 5, 2008 1:44pm Nov 5, 2008 1:44pm
Quoting micho
from what is appearing now, we have a nice down trend that broke some levels... lets see where it will go.. then we can sell retracements

cause i was concerned about the up trend today but hope the down trend overtakes it and we can sell again all the way

what do you think?
yeah man
we have rate cuts
trichet and a lot of shit backing the down trend
so yes
im with u
sell on retracements
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #95,791
  • Nov 5, 2008 1:46pm Nov 5, 2008 1:46pm
Quoting salah k.
yeah man
we have rate cuts
trichet and a lot of shit backing the down trend
so yes
im with u
sell on retracements
but during the days im at work so rarely i could look at the charts and trade.. but i am trying
When life gives you lemons, make lemonade
  • #95,792
  • Nov 5, 2008 1:53pm Nov 5, 2008 1:53pm
Quoting micho
but during the days im at work so rarely i could look at the charts and trade.. but i am trying

yeah man same here i can barely trade
but i will try
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #95,793
  • Nov 5, 2008 1:56pm Nov 5, 2008 1:56pm
Quoting salah k.
yeah man same here i can barely trade
but i will try
catch u later... i want to go sleep im so tired
byeeeeeez
When life gives you lemons, make lemonade
  • #95,794
  • Nov 5, 2008 2:04pm Nov 5, 2008 2:04pm
Quoting salah k.
yeah man same here i can barely trade
but i will try
whats happening my brother! .....long time no hear...if yur busy thats definatey a good sign keep in touch man!

bloody alpari still havent processed my account for opening..i cannot wait to go micro..lol
  • #95,795
  • Nov 5, 2008 2:07pm Nov 5, 2008 2:07pm
I think the next target is 1,57740.
The trend has just touched the higher band of the bollingers and the 15 EMA has change direction and the next support line is at 1,5760, just below the lower band.
  • #95,796
  • Nov 5, 2008 2:18pm Nov 5, 2008 2:18pm
Quoting nAVIN2007
whats happening my brother! .....long time no hear...if yur busy thats definatey a good sign keep in touch man!

bloody alpari still havent processed my account for opening..i cannot wait to go micro..lol
hey nav buddy
how r u bro
im good
yeah been busy but now i found some time for trading so that should go good
what do u think of the market
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #95,797
  • Nov 5, 2008 2:30pm Nov 5, 2008 2:30pm
Quoting AngelaTrix
I think the next target is 1,57740.
The trend has just touched the higher band of the bollingers and the 15 EMA has change direction and the next support line is at 1,5760, just below the lower band.
Ahahahaha…I told you it was going that way…I’m doing 180 pips right now.
  • #95,798
  • Nov 5, 2008 2:39pm Nov 5, 2008 2:39pm
Correct me if Im wrong but are we on the brink of a big drop ahead of the EUR/GPB intrest rate decision. Looks like a big drop ready on GDP/USD and GPBJPY??
  • #95,799
  • Nov 5, 2008 2:45pm Nov 5, 2008 2:45pm
I was wanting the 1h to close below the 50sma. The 4h is looking like it will close below the 5sma and 10sma which is nice. The Dow is getting it's teeth kicked in here at the end of the day. We'll see where she ends up.
Just digging in the trenches like everyone else!
  • #95,800
  • Nov 5, 2008 2:55pm Nov 5, 2008 2:55pm
Quoting zaqzaq
Correct me if Im wrong but are we on the brink of a big drop ahead of the EUR/GPB intrest rate decision. Looks like a big drop ready on GDP/USD and GPBJPY??
I feels the rate cut of 0.5% has been expected and already discounted.
Unless the cut is more than 0.5%
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