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Cable Update (GBPUSD)

  • #99,161
  • Nov 18, 2008 10:30am Nov 18, 2008 10:30am
Quoting AmeriTrini
it was on the congressional hearing taking place now.
i think fixed exchange rates are out of the question just yet, so is the gold standard (advocated by the Austrian School of Economics) that they were referring to....

there was alot of talk going to that G20 meeting that a new bretton woods agreement would be drawn up, removing the dollar as the worlds reserve and substituting with others (possibly euro, yuan, yen, swiss) having competing currencies....

much to do about nothing!!

cable stuck in tight range of a change, consoldation, 14950 area was good support early on, if that opens up then u could see 1.48-49 areas, again if that 14950 holds up then it may trade higher.... lets see what happens, ive just been playing the range.... awaiting some form of breakout.....
Trading is 80% Emotional, 20% Technical
  • #99,162
  • Nov 18, 2008 10:33am Nov 18, 2008 10:33am
Time to eat some shorts!!!

  • #99,163
  • Nov 18, 2008 10:35am Nov 18, 2008 10:35am
Quoting AmeriTrini
Time to eat some shorts!!!

You can have mine, but you have to get the price up there first!
Just digging in the trenches like everyone else!
  • #99,164
  • Nov 18, 2008 10:40am Nov 18, 2008 10:40am
up up and away
  • #99,165
  • Nov 18, 2008 10:40am Nov 18, 2008 10:40am
Quoting eohater
You can have mine, but you have to get the price up there first!
BTW eoHater, I noticed that 62EMA works almost flawlessly with 5Minutes bars. Made over 300 pips this morning just trading on that.
  • #99,166
  • Nov 18, 2008 10:40am Nov 18, 2008 10:40am
u r not eating mine either i will not close it
When life gives you lemons, make lemonade
  • #99,167
  • Nov 18, 2008 10:41am Nov 18, 2008 10:41am
Quoting CitiTrade
BTW eoHater, I noticed that 62EMA works almost flawlessly with 5Minutes bars. Made over 300 pips this morning just trading on that.
you made 300 pips on 1 trade and it works flawlessly huh??
  • #99,168
  • Nov 18, 2008 10:41am Nov 18, 2008 10:41am
Quoting CitiTrade
BTW eoHater, I noticed that 62EMA works almost flawlessly with 5Minutes bars. Made over 300 pips this morning just trading on that.
Good job!
Just digging in the trenches like everyone else!
  • #99,169
  • Nov 18, 2008 10:42am Nov 18, 2008 10:42am
Quoting micho
u r not eating mine either i will not close it
well then get ready to owe your broker.
  • #99,170
  • Nov 18, 2008 10:46am Nov 18, 2008 10:46am
Quoting AmeriTrini
well then get ready to owe your broker.
ill not give my broker this pleasure dont worry
When life gives you lemons, make lemonade
  • #99,171
  • Nov 18, 2008 10:48am Nov 18, 2008 10:48am
Quoting micho
ill not give my broker this pleasure dont worry
well then that must mean you have to close, cuz this is going up. there is a thin line separating stupidity and bravery, I don't know which side you are on!!
  • #99,172
  • Nov 18, 2008 10:49am Nov 18, 2008 10:49am
Quoting AmeriTrini
well then that must mean you have to close, cuz this is going up.
Your very passionate about this going north! I don't know where she's going, but I'm covered in the green.
Just digging in the trenches like everyone else!
  • #99,173
  • Nov 18, 2008 10:49am Nov 18, 2008 10:49am
Quoting eohater
Your very passionate about this going north! I don't know where she's going, but I'm covered in the green.
very!
  • #99,174
  • Nov 18, 2008 10:54am Nov 18, 2008 10:54am
Quoting AmeriTrini
well then that must mean you have to close, cuz this is going up. there is a thin line separating stupidity and bravery, I don't know which side you are on!!
what goes up goes back down
When life gives you lemons, make lemonade
  • #99,175
  • Nov 18, 2008 10:54am Nov 18, 2008 10:54am
Quoting micho
ill not give my broker this pleasure dont worry
Could not hold on to my short any longer, but am glad I let go as it went another 25 against me in a couple of minutes. Maybe Steelhead ate mine
  • #99,176
  • Nov 18, 2008 10:56am Nov 18, 2008 10:56am
Quoting micho
what goes up goes back down
Gravity! Yes, gravity!
Just digging in the trenches like everyone else!
  • #99,177
  • Nov 18, 2008 10:56am Nov 18, 2008 10:56am
Quoting Chris_35
Could not hold on to my short any longer, but am glad I let go as it went another 25 against me in a couple of minutes. Maybe Steelhead ate mine
i went around 50 against me but i really dont care, i wanna bring this bitch down where she belongs
When life gives you lemons, make lemonade
  • #99,178
  • Nov 18, 2008 10:57am Nov 18, 2008 10:57am
So much for it going down to anywhere near yesterdays low
  • #99,179
  • Nov 18, 2008 10:58am Nov 18, 2008 10:58am
Quoting eohater
Gravity! Yes, gravity!
lol, what about helium balloons
When life gives you lemons, make lemonade
  • #99,180
  • Nov 18, 2008 10:59am Nov 18, 2008 10:59am
Quoting Chris_35
So much for it going down to anywhere near yesterdays low
why not? any technical reason why not?
When life gives you lemons, make lemonade
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