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Cable Update (GBPUSD)

  • #97,321
  • Nov 12, 2008 4:12am Nov 12, 2008 4:12am
Buying gbp/usd at 1,5350, update of 1 hour chart falling to support here
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Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #97,322
  • Nov 12, 2008 4:17am Nov 12, 2008 4:17am
Quoting jckm
Buying gbp/usd at 1,5350, update of 1 hour chart falling to support here
risky..but could pay off nicely if you're right, place a relatively tight stop loss is my advice
  • #97,323
  • Nov 12, 2008 4:23am Nov 12, 2008 4:23am
Quoting jckm
Buying gbp/usd at 1,5350, update of 1 hour chart falling to support here

i think we may see 5200s first..; need a close below 5322 tho to confirm
  • #97,324
  • Nov 12, 2008 4:31am Nov 12, 2008 4:31am
There is far too much indecision at this price level to make this a safe call yet. I would wait for Mervyn to say something clever first...
Quoting jckm
Buying gbp/usd at 1,5350, update of 1 hour chart falling to support here
Ride the Bulls bearback!
  • #97,325
  • Nov 12, 2008 4:35am Nov 12, 2008 4:35am
Quoting mr.m
i think we may see 5200s first..; need a close below 5322 tho to confirm
gbp sold - target open...
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  • #97,326
  • Nov 12, 2008 4:36am Nov 12, 2008 4:36am
iv been screaming..

Tank!
Trade what you see, not what you think.
  • #97,327
  • Nov 12, 2008 4:41am Nov 12, 2008 4:41am
Quoting karmostaji
iv been screaming..

Tank!

keep screaming.....its working
  • #97,328
  • Nov 12, 2008 4:42am Nov 12, 2008 4:42am
Quoting nAVIN2007
keep screaming.....its working
It's just starting..

the pound is going to tank more and steelhead is going to go broke if he is buying..
Trade what you see, not what you think.
  • #97,329
  • Nov 12, 2008 4:43am Nov 12, 2008 4:43am
Quoting karmostaji
iv been screaming..

Tank!

hi there Karmo, any targets?
  • #97,330
  • Nov 12, 2008 4:44am Nov 12, 2008 4:44am
Add another short @ 1.5300.
This baby is tumbling down by the time US opens
  • #97,331
  • Nov 12, 2008 4:46am Nov 12, 2008 4:46am
Quoting mr.m
hi there Karmo, any targets?
looking at the monthly I see next support at 1.4100

but bank profits when u've made enough, don't get greedy and use a SL to lock profits
Trade what you see, not what you think.
  • #97,332
  • Nov 12, 2008 4:49am Nov 12, 2008 4:49am
Quoting karmostaji
looking at the monthly I see next support at 1.4100

but bank profits when u've made enough, don't get greedy and use a SL to lock profits

thats a good call! thanks. GL to you too
  • #97,333
  • Nov 12, 2008 4:51am Nov 12, 2008 4:51am
Quoting karmostaji
looking at the monthly I see next support at 1.4100

but bank profits when u've made enough, don't get greedy and use a SL to lock profits
1.4100 is a bit risky i think.
I'll close all shorts if it touches 1.4500
  • #97,334
  • Nov 12, 2008 4:52am Nov 12, 2008 4:52am
Quoting karmostaji
It's just starting..

the pound is going to tank more and steelhead is going to go broke if he is buying..

if u ask me is hasnt got a clue......buy in this market..i thought nothing could make me not go counter but this market teach me u do that yur ass will be toast....especially if yur looking for 100's a pips

i never seen anything like it
  • #97,335
  • Nov 12, 2008 4:53am Nov 12, 2008 4:53am
Since yesterday I just scared short at the bottom, no any trade till now. But look ! New lower low has been confirmized on Monthly chart since the latest 4 months ! Hmmmm ... let move up a bit please, any strong clue on M1 I will short qucikly !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #97,336
  • Nov 12, 2008 4:56am Nov 12, 2008 4:56am
im just watching the slaughtering
When life gives you lemons, make lemonade
  • #97,337
  • Nov 12, 2008 4:56am Nov 12, 2008 4:56am
Quoting nAVIN2007
if u ask me is hasnt got a clue......buy in this market..i thought nothing could make me not go counter but this market teach me u do that yur ass will be toast....especially if yur looking for 100's a pips

i never seen anything like it
precisely, I've said it before and I'll say it again, buying in this market is very risky right now, and should be left to those who truly know what they are doing.

I tried pointing out earlier how dangerous it is to buy right now, but my warnings did not receive much of a positive reception from certain individuals!

remember to lock in your short profits guys, it's pretty volatile right now.
  • #97,338
  • Nov 12, 2008 4:57am Nov 12, 2008 4:57am
was short from 5367 closed short at 5259
please DON'T copy my trades I am still learning
  • #97,339
  • Nov 12, 2008 4:59am Nov 12, 2008 4:59am
Quoting spintrader
precisely, I've said it before and I'll say it again, buying in this market is very risky right now, and should be left to those who truly know what they are doing.

I tried pointing out earlier how dangerous it is to buy right now, but my warnings did not receive much of a positive reception from certain individuals!

remember to lock in your short profits guys, it's pretty volatile right now.
and the new guy will always try and catch the bottom of a bottomless pit!
  • #97,340
  • Nov 12, 2008 5:01am Nov 12, 2008 5:01am
Quoting ezmystic
was short from 5367 closed short at 5259
I'm still short.
Waiting for it to break 1.5000.
Maybe not today but im pretty sure soon
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