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Cable Update (GBPUSD)

  • #106,681
  • Dec 15, 2008 9:34am Dec 15, 2008 9:34am
Quoting fx local
next stop 1.5500?
That's a huge ask...

I don't see it going past 1.5370-90...
  • #106,682
  • Dec 15, 2008 9:36am Dec 15, 2008 9:36am
75% long post closed.
Waiting to short above 1.5350
  • #106,683
  • Dec 15, 2008 9:38am Dec 15, 2008 9:38am
Quoting Vourvoul
That's a huge ask...

I don't see it going past 1.5370-90...
Maybe not today... but it should get to 5500 this week...
Patience + Discipline - Greed = Success
  • #106,684
  • Dec 15, 2008 9:39am Dec 15, 2008 9:39am
Quoting Infinity
Maybe not today... but it should get to 5500 this week...
I would agree with that!
Just digging in the trenches like everyone else!
  • #106,685
  • Dec 15, 2008 9:43am Dec 15, 2008 9:43am
Price Action will show us the way... plenty of pips to be made till 1.5500!

  • #106,686
  • Dec 15, 2008 9:45am Dec 15, 2008 9:45am
Quoting Infinity
Maybe not today... but it should get to 5500 this week...
sounds good bro, 4 hour candle looks monsterous!
Trading is 80% Emotional, 20% Technical
  • #106,687
  • Dec 15, 2008 9:47am Dec 15, 2008 9:47am
Quoting fx local
sounds good bro, 4 hour candle looks monsterous!
True... and the one hour candles are on speed...
  • #106,688
  • Dec 15, 2008 9:59am Dec 15, 2008 9:59am
Quoting fx local
sounds good bro, 4 hour candle looks monsterous!
It's almost scary....
Patience + Discipline - Greed = Success
  • #106,689
  • Dec 15, 2008 10:00am Dec 15, 2008 10:00am
Entered a small lot short @ 1.5375
  • #106,690
  • Dec 15, 2008 10:02am Dec 15, 2008 10:02am
Quoting gagakrimba
Entered a small lot short @ 1.5375
I tried one as well........because of this....
Attached Image
Patience + Discipline - Greed = Success
  • #106,691
  • Dec 15, 2008 10:03am Dec 15, 2008 10:03am
Quoting Infinity
It's almost scary....
personally, i think it's quite sexy...
  • #106,692
  • Dec 15, 2008 10:05am Dec 15, 2008 10:05am
Quoting Infinity
I tried one as well........because of this....
gu is a short in mid term bcz uk will tank hard in coming monthes
  • #106,693
  • Dec 15, 2008 10:07am Dec 15, 2008 10:07am
Quoting moneybookers
gu is a short in mid term bcz uk will tank hard in coming monthes
Personally, I think we will have dollar weakness til the end of the year from positions being closed out and repositioned and then the first of the year, the tanking will resume.
Just digging in the trenches like everyone else!
  • #106,694
  • Edited 10:08am Dec 15, 2008 10:07am | Edited 10:08am
Quoting Infinity
I tried one as well........because of this....
I got in at 5360, you beat me didn't you?
Just digging in the trenches like everyone else!
  • #106,695
  • Dec 15, 2008 10:09am Dec 15, 2008 10:09am
Quoting linleysound
personally, i think it's quite sexy...
I don't disagree..
Patience + Discipline - Greed = Success
  • #106,696
  • Dec 15, 2008 10:09am Dec 15, 2008 10:09am
Quoting eohater
I got in at 5360, you beat me didn't you?
by one pip....
Patience + Discipline - Greed = Success
  • #106,697
  • Dec 15, 2008 10:11am Dec 15, 2008 10:11am
Quoting Infinity
by one pip....
Just digging in the trenches like everyone else!
  • #106,698
  • Dec 15, 2008 10:17am Dec 15, 2008 10:17am
Quoting eohater
Personally, I think we will have dollar weakness til the end of the year from positions being closed out and repositioned and then the first of the year, the tanking will resume.
This is how I see it as well..
Patience + Discipline - Greed = Success
  • #106,699
  • Dec 15, 2008 10:19am Dec 15, 2008 10:19am
Quoting Infinity
This is how I see it as well..
If my oil shares hit $60 before year end, I will be dumping those as well. That would be a nice year end bonus and this is the first time I've ever traded oil.
Just digging in the trenches like everyone else!
  • #106,700
  • Dec 15, 2008 10:23am Dec 15, 2008 10:23am
Quoting eohater
I got in at 5360.....
I want to see the current 15m candle close below 5320.
Just digging in the trenches like everyone else!
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