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Cable Update (GBPUSD)

  • #97,501
  • Nov 12, 2008 9:50am Nov 12, 2008 9:50am
Quoting Infinity
I feel sorry for the long guys...

I missed this but its ok....
yep, self inflicted mind you for going against the trend and momentum,

everything getting hit here, crude, gold, yen strength, stocks getting smashed lower, risk aversion overall good for the dollar(except against the yen)
Trading is 80% Emotional, 20% Technical
  • #97,502
  • Nov 12, 2008 9:53am Nov 12, 2008 9:53am
Quoting fx local
1.50 area will be psycological support, consenus is for weaker sterling overall given the current and future state of the UK, Karmo had 1.41 on monthly chart could well happen...

1.50 fast approaching, will it hold up....? lets see
Trading is 80% Emotional, 20% Technical
  • #97,503
  • Nov 12, 2008 9:56am Nov 12, 2008 9:56am
I made DAMN SURE and grabbed me some of this!!!!


  • #97,504
  • Nov 12, 2008 9:56am Nov 12, 2008 9:56am
Quoting Myman
Better you close te deal before 1800.. it is going to go north up to 1.5200
I see more like 1.49XX rather than 1.5200
  • #97,505
  • Nov 12, 2008 9:56am Nov 12, 2008 9:56am
Do you think this will bounce hard at 15000?? Good value for some?
Ride the Bulls bearback!
  • #97,506
  • Nov 12, 2008 9:58am Nov 12, 2008 9:58am
Quoting fx local
1.50 fast approaching, will it hold up....? lets see
It will hold for a couple of hrs....
then down it goes
  • #97,507
  • Nov 12, 2008 10:02am Nov 12, 2008 10:02am
Do u see!!! It go down slowly and up slowly
GELORE
  • #97,508
  • Nov 12, 2008 10:03am Nov 12, 2008 10:03am
Quoting gagakrimba
It will hold for a couple of hrs....
then down it goes
the second paulson opened his mouth, i shorted EVERYTHING . if he doesnt shut up, i dont think gu will have a problem hitting 49
  • #97,509
  • Nov 12, 2008 10:04am Nov 12, 2008 10:04am
There it goes..........1.49XX
Now i would like to see 1.45XX
  • #97,510
  • Nov 12, 2008 10:06am Nov 12, 2008 10:06am
Quoting fx local
yep, self inflicted mind you for going against the trend and momentum,

everything getting hit here, crude, gold, yen strength, stocks getting smashed lower, risk aversion overall good for the dollar(except against the yen)
I bet Steelhead will still claim to have made profits today from being on the longside.

Whether someone believes the pair will go up or down is of no concern to me, after all the forum is all about opinions and challenging one's views, but it does bother me when Steelhead refuses to admit he sometimes gets it wrong and claims to always make profits. This, I feel, is lisleading and dangerous for new traders to read.
  • #97,511
  • Nov 12, 2008 10:06am Nov 12, 2008 10:06am
the time it went down is 1992... so.. anyone think it will beat that record???
  • #97,512
  • Nov 12, 2008 10:07am Nov 12, 2008 10:07am
thanks for the nice private im fxlocal. I guess i deserve it eh.
  • #97,513
  • Nov 12, 2008 10:09am Nov 12, 2008 10:09am
This is carnage...
Patience + Discipline - Greed = Success
  • #97,514
  • Nov 12, 2008 10:09am Nov 12, 2008 10:09am
Quoting steelhead
thanks for the nice private im fxlocal. I guess i deserve it eh.
losing apart of the game i guess... tough to take humble pie sometimes..

happy trading
Trading is 80% Emotional, 20% Technical
  • #97,515
  • Nov 12, 2008 10:09am Nov 12, 2008 10:09am
Quoting therainmaker
the time it went down is 1992... so.. anyone think it will beat that record???
Rainmaker trading at forex.com eh?
  • #97,516
  • Nov 12, 2008 10:10am Nov 12, 2008 10:10am
Quoting Infinity
This is carnage...
serious carnage bro..... aggressive price action

wash out completely forget 1.50 it went through 1.49!!
Trading is 80% Emotional, 20% Technical
  • #97,517
  • Nov 12, 2008 10:10am Nov 12, 2008 10:10am
Huh.....someone make a mess of the thread.
Is it that necessary to post such huge graph ??
  • #97,518
  • Nov 12, 2008 10:10am Nov 12, 2008 10:10am
YES!!!!
  • #97,519
  • Nov 12, 2008 10:11am Nov 12, 2008 10:11am
This is what I was talking about a couple of days ago.

Tanking...
Trade what you see, not what you think.
  • #97,520
  • Nov 12, 2008 10:11am Nov 12, 2008 10:11am
whats going on with the cable, kinda pissed I exited so early!!
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