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Cable Update (GBPUSD)

  • #97,801
  • Nov 13, 2008 1:51am Nov 13, 2008 1:51am
Quoting vorschlag
why not stick to the fulltime trading then?
because its not a stable game... and its abnormal to be a full time trader at your own because you need to have a stable job and things to do... i guess
When life gives you lemons, make lemonade
  • #97,802
  • Nov 13, 2008 1:52am Nov 13, 2008 1:52am
Do you think she will come back for a retest?
Ride the Bulls bearback!
  • #97,803
  • Nov 13, 2008 1:53am Nov 13, 2008 1:53am
Quoting alcando
Do you think she will come back for a retest?
i dont know but i will sell for sure above 1.50xx
When life gives you lemons, make lemonade
  • #97,804
  • Nov 13, 2008 1:55am Nov 13, 2008 1:55am
I think the big boys don't want all us ride in this train for free. They will try to kick us off this train. Personally (i don't reccomend or enforce my point of view) I think there'll be a good pullback.
  • #97,805
  • Nov 13, 2008 1:57am Nov 13, 2008 1:57am
hi

i short @ 1.4872
  • #97,806
  • Nov 13, 2008 1:58am Nov 13, 2008 1:58am
Quoting vorschlag
I think the big boys don't want all us ride in this train for free. They will try to kick us off this train. Personally (i don't reccomend or enforce my point of view) I think there'll be a good pullback.
yes thats for sure, thats why all the cable crashes came during unexpected times... when the volumes were low especially the first kick down at 1.95... and during weekends and ... and ... they dont want you to ride with them at all
When life gives you lemons, make lemonade
  • #97,807
  • Nov 13, 2008 1:58am Nov 13, 2008 1:58am
Quoting deboooo2005
hi

i short @ 1.4872
maybe too early deboooo
When life gives you lemons, make lemonade
  • #97,808
  • Nov 13, 2008 2:00am Nov 13, 2008 2:00am
yesterday i had a dream that i bought cable at 2.02 with tp at 2.22 then my broker didnt close my order when the price was reached until 2.30
they left it open and i came back to the pc with a blown account at the price of 1.84 lol lol
all that in one day
When life gives you lemons, make lemonade
  • #97,809
  • Nov 13, 2008 2:06am Nov 13, 2008 2:06am
I am long 1.4870
  • #97,810
  • Nov 13, 2008 2:09am Nov 13, 2008 2:09am
i got a pending short at 1.5062... i guess i might not trade today
When life gives you lemons, make lemonade
  • #97,811
  • Nov 13, 2008 2:11am Nov 13, 2008 2:11am
Quoting micho
once again i miss the trade... but nothing to do... i have to sleep and to work and to drive and miss trades
well micho, I was short at 4917 before the spike up to 4942 and got out for +2 pips before the spike. I sure wish I'd just left it, but wasn't expecting more downside 1st thing in the morning, thoought a bit of a pullback would be 1st. still I sit and wait for another opportunity
please DON'T copy my trades I am still learning
  • #97,812
  • Nov 13, 2008 2:12am Nov 13, 2008 2:12am
Hello my friends,
I noticed a cicle movement here. Just click here and check this out.

-------------> #93967



There are some good trades posting here, I'm glad because that.
Infinity you do a nice analisys, keep the good work.
Navin, my friend, I hope you are doing ok.
Ameritrini, there is a lot of risk in the world, GBP economy is in pretty bad shape. If US is bad UK is...

Now with a new President on January, problably US start to fit the messy shit in the country.

I'm trading more the GBP-JPY. More pips

But I will keep me eye on this pair too.

Well TC people and becareful.
Attached Image (click to enlarge)
Click to Enlarge Name: (Carrera) GBP-USD Monthy Cicle movement Nov.13-2008.png Size: 47 KB
  • #97,813
  • Nov 13, 2008 2:13am Nov 13, 2008 2:13am
perhaps add some long by the end of the hour
  • #97,814
  • Nov 13, 2008 2:14am Nov 13, 2008 2:14am
GOOD MORNING PIPPERS! Wheres she go'n this morn? A decent chance of some correction. Gotta hang tight. Still looks like it wants to TANK! hehehe!
  • #97,815
  • Nov 13, 2008 2:15am Nov 13, 2008 2:15am
The correlation with the FTSE is useful again. Equities have been rallying since and continue to do so with the result of cash flowing back into GBP. I will not go long unless from hi resistance area but I think shorts are not in safe play till the equities stop climbing...
Ride the Bulls bearback!
  • #97,816
  • Nov 13, 2008 2:22am Nov 13, 2008 2:22am
Hello everyone.


She did not make a serious effort at breaking the 1.4800 but she will be back.

Hoping for a good retracement up to 1.50XX and then consider trading.

Keep up the good work and analysis. Share your insights.

Happy Pipping
  • #97,817
  • Nov 13, 2008 2:31am Nov 13, 2008 2:31am
Quoting Vourvoul
Hello everyone.


She did not make a serious effort at breaking the 1.4800 but she will be back.

Hoping for a good retracement up to 1.50XX and then consider trading.

Keep up the good work and analysis. Share your insights.

Happy Pipping
yep i hope so too
When life gives you lemons, make lemonade
  • #97,818
  • Nov 13, 2008 2:31am Nov 13, 2008 2:31am
Quoting Vourvoul
Hello everyone.


She did not make a serious effort at breaking the 1.4800 but she will be back.

Hoping for a good retracement up to 1.50XX and then consider trading.

Keep up the good work and analysis. Share your insights.

Happy Pipping
i believe we will be seeing 1.51's again before we see too much more 48 and below...now that we have a double bottom at 48xx
  • #97,819
  • Nov 13, 2008 2:32am Nov 13, 2008 2:32am
Quoting deboooo2005
hi

i short @ 1.4872

Hello ,

we're opposite lg @1,4900
  • #97,820
  • Nov 13, 2008 2:33am Nov 13, 2008 2:33am
if the hour close is above 1.4910 the baby is going to kiss the pivot
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