Thursday there are official bank rate event with forecast 2.00% from 3.00% so the GBP should fall like tommorow or tommorow night GMT-8, please correct me if i'm wrong.
thanks
Alexan
Cable Update (GBPUSD)
- #103,303
- Dec 2, 2008 4:05pm Dec 2, 2008 4:05pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #103,304
- Dec 2, 2008 4:07pm Dec 2, 2008 4:07pm
- | Joined Nov 2008 | Status: Trader | 2,548 Posts
Im back! was hoping to see cable on its knees by now 
- #103,305
- Dec 2, 2008 4:21pm Dec 2, 2008 4:21pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
typical i go short now this is acting like its in a uptrend..
- #103,306
- Dec 2, 2008 4:26pm Dec 2, 2008 4:26pm
- | Joined Nov 2008 | Status: Trader | 2,548 Posts
typical i go short now this is acting like its in a uptrend..
Hopefully not i still have shorts on too!Dont think there will be any action until the Asian session anyway, so time for food!
- #103,307
- Dec 2, 2008 4:40pm Dec 2, 2008 4:40pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
Let me look at my crystal ball...
Some movement upwards in the asian session
Some movement upwards in the asian session
- #103,308
- Dec 2, 2008 4:42pm Dec 2, 2008 4:42pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
Let me look at my crystal ball...
Some movement upwards in the asian session
just kidding bro...
- #103,309
- Dec 2, 2008 4:45pm Dec 2, 2008 4:45pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
i feel better about my short now ..hehe
just kidding bro...
We'll see some movement upward in the area 1.51XX in the asian session
- #103,310
- Dec 2, 2008 5:10pm Dec 2, 2008 5:10pm
It's hovering around the pivot level.
We'll see some movement upward in the area 1.51XX in the asian session
If it's too good to be true, it probably is.
- #103,311
- Dec 2, 2008 5:15pm Dec 2, 2008 5:15pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
More like its making an arc downwards underneath the pivot.
we'll wait and see then
- #103,312
- Dec 2, 2008 5:51pm Dec 2, 2008 5:51pm
- | Commercial User | Joined May 2008 | 1,334 Posts
typical i go short now this is acting like its in a uptrend..
Thats cause you short at the wrong time and have no patience Navin.
You need to focus on the big picture. Why are you even trading this time of day with no volume?
- #103,313
- Dec 2, 2008 5:51pm Dec 2, 2008 5:51pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
oooo yeah ?
we'll wait and see then
- #103,315
- Dec 2, 2008 5:55pm Dec 2, 2008 5:55pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
i pressed the buy button hence the magic ark....now im hedge both at a loss....it just goes from bad to worse
- #103,316
- Dec 2, 2008 5:59pm Dec 2, 2008 5:59pm
- | Commercial User | Joined May 2008 | 1,334 Posts
Relax bro....looks like it's coming down now
Its in a freakin 70 pip range for the last several hours no reason to be trading. Let it stretch out a bit come back maybe later in asia or london.
Ever wonder why most are not around this time of day. Im shaking my head its so darn stupid.
Navin I dont know why you get yourself in this mess. Help me understand your reasoning
- #103,317
- Dec 2, 2008 5:59pm Dec 2, 2008 5:59pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #103,319
- Dec 2, 2008 6:05pm Dec 2, 2008 6:05pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #103,320
- Dec 2, 2008 6:12pm Dec 2, 2008 6:12pm
- | Joined Oct 2007 | Status: work in progress | 1,009 Posts
wellcome buddy..and lets just stop this talk about newbies (i hate that term) every1 here is here to learn and the main thing i suppose is we learn from each other...may yur journey be a long one .....
Don't chase the market, Let the market come to you