this honestly could go up as well...its just not moving....check the indecision candles in the range
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Cable Update (GBPUSD)
- #103,361
- Dec 2, 2008 10:29pm Dec 2, 2008 10:29pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
- #103,362
- Dec 2, 2008 10:29pm Dec 2, 2008 10:29pm
since yesterday's trade i was -150 i'm trying to put myself in the positive thinking now. it's only the second day of the month. still plenty of time and plenty of chances.
the bad thing is that waiting for the withdrawal which i made last tuesday(25/11/2008) from my current broker it is just sucks. whether its my bank or them(the broker) is slow.
fxpro?
- #103,363
- Dec 2, 2008 10:32pm Dec 2, 2008 10:32pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
guess what nav. what a sleep i had. i'm just awake now and damn confusedat what i saw. the cable have a lot of u-turn.
so nav, are you still holding your shorts???
im actually both it never work out the way i wanted it i thought it might go up in the night and id place sto on break....so if it went up.....i could catch a bit on the way up and narrow my stop on the short...the minute i buy, it sank a bit...incredible, now it looks like it wants to go up but has no strength
today maybe be very quick moves..
- #103,364
- Dec 2, 2008 10:34pm Dec 2, 2008 10:34pm
- | Membership Revoked | Joined Aug 2008 | 1,097 Posts
this honestly could go up as well...its just not moving....check the indecision candles in the range
2 hrs more to go
- #103,365
- Dec 2, 2008 10:35pm Dec 2, 2008 10:35pm
You broker sucks. What time they claim to complete the withdrawal?
guess what broker I'm in??
- #103,368
- Dec 2, 2008 10:39pm Dec 2, 2008 10:39pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
The euro session will push this baby down.
2 hrs more to go
yesterday dailly candle is a bit disturbing since its slightly bulish
- #103,372
- Dec 2, 2008 10:44pm Dec 2, 2008 10:44pm
- Joined Jan 2008 | Status: Trader | 2,996 Posts
This is a day you whant to zoom out and trade larger timeframe swings and adjust your style ....you see right now I dont trust shorts in the 1 hour simply based on how the market is showing a bitt of weakness to the bearish side....so I dont trust intraday at this point....so I simply zoom out and trade longer timeframes...at this point we are looking at how marketmakers have come to a pause after such a drop and we are going to see if they are going to be scalping...so make sure to pull the trigger when the entries look clear and not when you have to be hoping you made the right call.....if the entry is not obvious then it should not be taken.Their will be a million more trades...its always better to miss a good trade then be in a bad one.
- #103,375
- Dec 2, 2008 11:02pm Dec 2, 2008 11:02pm
Morning Ladies
A quick fundamental addition for your notes today.
Check this article:
http://www.dailyexpress.co.uk/posts/view/73968
It suggests The Brits may be ready to consider swapping the GBP for the EUR. Goodbye cable
. The article may spur some selloff although an action like this would take a long time to implement and would hit a shedload of resistance along the way from the public (altho maybe not any more) and the oppostion parties.
I will be keeping a watch on the other pairs involving GBP today to see if any of their action influences cable. Especially keep an eye on the GBPJPY as the heavy selloff's and movements on that pair have correlated with cable but a few times it seems to kickoff shortly before cable's moves. It helps if you are about to enter a trade or concerned with a sudden reversal.
A quick fundamental addition for your notes today.
Check this article:
http://www.dailyexpress.co.uk/posts/view/73968
It suggests The Brits may be ready to consider swapping the GBP for the EUR. Goodbye cable
. The article may spur some selloff although an action like this would take a long time to implement and would hit a shedload of resistance along the way from the public (altho maybe not any more) and the oppostion parties.I will be keeping a watch on the other pairs involving GBP today to see if any of their action influences cable. Especially keep an eye on the GBPJPY as the heavy selloff's and movements on that pair have correlated with cable but a few times it seems to kickoff shortly before cable's moves. It helps if you are about to enter a trade or concerned with a sudden reversal.
Ride the Bulls bearback!
- #103,377
- Dec 2, 2008 11:06pm Dec 2, 2008 11:06pm
- | Joined Nov 2008 | Status: Trader | 2,548 Posts
Morning Ladies
A quick fundamental addition for your notes today.
Check this article:
http://www.dailyexpress.co.uk/posts/view/73968
It suggests The Brits may be ready to consider swapping the GBP for the EUR....
They prob wont want to give Gordon the Euro anymore, look what they did to the Pound
- #103,378
- Dec 2, 2008 11:07pm Dec 2, 2008 11:07pm
Morning Ladies
A quick fundamental addition for your notes today.
Check this article:
http://www.dailyexpress.co.uk/posts/view/73968
It suggests The Brits may be ready to consider swapping the GBP for the EUR. Goodbye cable
I will be keeping a watch on the other pairs involving GBP today to see if any of their...
- #103,379
- Dec 2, 2008 11:07pm Dec 2, 2008 11:07pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
They prob wont want to give Gordon the Euro anymore, look what they did to the Pound
he will finish the planet, give him half the chance