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Cable Update (GBPUSD)

  • #96,061
  • Nov 6, 2008 10:30am Nov 6, 2008 10:30am
Quoting alcando
Micho
That sounds like revenge... and I hope you get it
well i made a mistake today... besides my broker (crown forex) is delaying my executions too much and the minimum distance is 32 points all week long... and i was at work and not having time to trade or look at charts.. so only few minutes... which complicates things... i dunno... im playing with my profit, lets see what happens

wish you good results too
When life gives you lemons, make lemonade
  • #96,062
  • Nov 6, 2008 10:31am Nov 6, 2008 10:31am
1.5785 is the 23% of the last down trend... we're stopped here now... come on cable go down and stop bitching for 1 day
When life gives you lemons, make lemonade
  • #96,063
  • Nov 6, 2008 10:36am Nov 6, 2008 10:36am
MICHO stop looking for reasons why this will go down.try and face reality cos it has more that 60% of not going down.check your chart, it doesnt lie and also follow what u think buffet will do if he his in your shoe
  • #96,064
  • Nov 6, 2008 10:36am Nov 6, 2008 10:36am
Quoting beejay
dont get married to a position. do u think the big boys will sell at this point.
watchout and dont be fooled by your lagging indicator
actually, i lost money listening to opinions on here.. i plan to do what is in my mind this time
When life gives you lemons, make lemonade
  • #96,065
  • Nov 6, 2008 10:37am Nov 6, 2008 10:37am
RSI <50 in all time frames... daily is pointing down... nothing makes me think that we are near a reversal nothing
When life gives you lemons, make lemonade
  • #96,066
  • Nov 6, 2008 10:39am Nov 6, 2008 10:39am
im just concerned about tomorrow's NFP
When life gives you lemons, make lemonade
  • #96,067
  • Nov 6, 2008 10:39am Nov 6, 2008 10:39am
Quoting beejay
MICHO stop looking for reasons why this will go down.try and face reality cos it has more that 60% of not going down.check your chart, it doesnt lie and also follow what u think buffet will do if he his in your shoe
it's going down.

I shouldn't have to add that this is my opinion and everybody here should follow there own minds.

But it might retrace up a bit, but in the medium term its going to drop. There is absolutely no evidence that the down trend has finished.
  • #96,068
  • Nov 6, 2008 10:41am Nov 6, 2008 10:41am
Quoting fx local
great stuff ur shampoo finally played out also,

same on the aussy
Patience + Discipline - Greed = Success
  • #96,069
  • Nov 6, 2008 10:41am Nov 6, 2008 10:41am
even if it didnt go down i have 1000 points of profit... i will lose them and will not close this position negative!!! i just wont because i opened it for a reason
When life gives you lemons, make lemonade
  • #96,070
  • Nov 6, 2008 10:42am Nov 6, 2008 10:42am
perfect head and shoulders on the hourly
When life gives you lemons, make lemonade
  • #96,071
  • Nov 6, 2008 10:43am Nov 6, 2008 10:43am
Well this baby been moving in tandem to the equity markets and they have been sliding quite nicely till now but they are sneaking back. or maybe not... I'm with Micho here... Married to the short for now
Ride the Bulls bearback!
  • #96,072
  • Nov 6, 2008 10:43am Nov 6, 2008 10:43am
another test of the 1.5785 fibo level coming up... hope it breaks this time
When life gives you lemons, make lemonade
  • #96,073
  • Nov 6, 2008 10:44am Nov 6, 2008 10:44am
Quoting beejay
dont get married to a position. do u think the big boys will sell at this point.
watchout and dont be fooled by your lagging indicator
it seems to me too
  • #96,074
  • Nov 6, 2008 10:45am Nov 6, 2008 10:45am
Quoting alcando
Well this baby been moving in tandem to the equity markets and they have been sliding quite nicely till now but they are sneaking back. or maybe not... I'm with Micho here... Married to the short for now
be careful man im only doing this because im playing with my profit... nothing to lose
When life gives you lemons, make lemonade
  • #96,075
  • Nov 6, 2008 10:49am Nov 6, 2008 10:49am
I closed in +82. i think the pull back is coming.
  • #96,076
  • Nov 6, 2008 10:49am Nov 6, 2008 10:49am
Quoting micho
be careful man im only doing this because im playing with my profit... nothing to lose
Well done
GELORE
  • #96,077
  • Nov 6, 2008 10:52am Nov 6, 2008 10:52am
im ready to wait as long as it takes 1.5277 is my target
When life gives you lemons, make lemonade
  • #96,078
  • Nov 6, 2008 10:54am Nov 6, 2008 10:54am
Quoting micho
perfect head and shoulders on the hourly
There is a shampoo inside a shampoo on there.....
Attached Image (click to enlarge)
Click to Enlarge Name: SHAMPOOS.gif Size: 20 KB
Patience + Discipline - Greed = Success
  • #96,079
  • Nov 6, 2008 10:56am Nov 6, 2008 10:56am
Quoting Infinity
There is a shampoo inside a shampoo on there.....
ya this shampoo it looks pretty
When life gives you lemons, make lemonade
  • #96,080
  • Nov 6, 2008 10:59am Nov 6, 2008 10:59am
Thats ok. I am +250 pips up today. I have killed off the short now as I am not convinced of the fundamentals regarding a GBP slide vs the Dollar. I may pop in later to see.

Quoting micho
be careful man im only doing this because im playing with my profit... nothing to lose
Ride the Bulls bearback!
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