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Cable Update (GBPUSD)

  • #109,361
  • Jan 6, 2009 9:19am Jan 6, 2009 9:19am
Quoting Abuawad
if she break 1.4835 will go to 1.4877
thats what i am hoping. i want to short there if everything aligns
TRIALS THAT SHAKE SOME, CONFIRM OTHERS!
  • #109,362
  • Jan 6, 2009 9:19am Jan 6, 2009 9:19am
Oooo dear...dont tell me this baby gonna break 1.4900
  • #109,363
  • Jan 6, 2009 9:20am Jan 6, 2009 9:20am
1.4850 might be in the cards if it breaks yall think a push up 149 will go. in any event im short 14850 and another at 14890 if it gets there. if not im entering at 1.4800
  • #109,364
  • Jan 6, 2009 9:21am Jan 6, 2009 9:21am
good lord she just took off...
  • #109,365
  • Jan 6, 2009 9:21am Jan 6, 2009 9:21am
Quoting eohater
I've added to mine at 4790. I was way too early on my first entry.
well EO...

the trade is headed to creating an upward trend.
  • #109,366
  • Jan 6, 2009 9:24am Jan 6, 2009 9:24am
Should have hang on to my longs
  • #109,367
  • Jan 6, 2009 9:25am Jan 6, 2009 9:25am
Quoting Atondra
Oooo dear...dont tell me this baby gonna break 1.4900
Why are you shorting
  • #109,368
  • Jan 6, 2009 9:25am Jan 6, 2009 9:25am
Quoting Atondra
Should have hang on to my longs
might fall from here..
  • #109,369
  • Jan 6, 2009 9:27am Jan 6, 2009 9:27am
trying a short for some retrace..

just because some German speculator has committed suicide after shorting VW is not a reason for all this jubilation in cable
  • #109,370
  • Jan 6, 2009 9:27am Jan 6, 2009 9:27am
Quoting Abuawad
Why are you shorting
This is why I am.....
Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 21 KB
Patience + Discipline - Greed = Success
  • #109,371
  • Jan 6, 2009 9:27am Jan 6, 2009 9:27am
well i just entered my first short at 14852 will see what happens...
  • #109,372
  • Jan 6, 2009 9:27am Jan 6, 2009 9:27am
interestinng she's breking 1.4816.
waiting until she's cllosed
  • #109,373
  • Jan 6, 2009 9:27am Jan 6, 2009 9:27am
Quoting Atondra
Should have hang on to my longs
i don't say it before because i'm not that kind of person. but with someone like you and with your way to post comment i'll say that what happen when you make your self silly with the masters here
  • #109,374
  • Jan 6, 2009 9:28am Jan 6, 2009 9:28am
i thought i would be safe with a 100 pip stop loss!!
i got stopped out!!!!!!
Keep It Simple Stupid
  • #109,375
  • Jan 6, 2009 9:28am Jan 6, 2009 9:28am
Quoting JammerJams
well EO...

the trade is headed to creating an upward trend.
We confirmed the upward trend when we couldn't get a lower low today. Yes, my short is in the shit currently, no doubt about it. I'm still expecting a pullback to get my ass out. We'll see how she plays out.
Just digging in the trenches like everyone else!
  • #109,376
  • Jan 6, 2009 9:29am Jan 6, 2009 9:29am
Can anyone explain this "comeback" of the pound?
I don't find any logical reason for it to leap high above 1.48...
  • #109,377
  • Jan 6, 2009 9:32am Jan 6, 2009 9:32am
Quoting Yohay
Can anyone explain this "comeback" of the pound?
I don't find any logical reason for it to leap high above 1.48...
Because Pound has pride!! How long do you expect Pound to get punished by the Dollar? Long live the Queen!!!

  • #109,378
  • Jan 6, 2009 9:33am Jan 6, 2009 9:33am
Quoting jamesdarren
Because Pound has pride!! How long do you expect Pound to get punished by the Dollar? Long live the Queen!!!

that's not a LOGICAL reason
  • #109,379
  • Jan 6, 2009 9:33am Jan 6, 2009 9:33am
Quoting jamesdarren
Because Pound has pride!! How long do you expect Pound to get punished by the Dollar? Long live the Queen!!!

Long live the Queen! But her majesty's economy is doing rather bad, even compared to the American economy.
Well, maybe the pound lift's his head after all those punishments..
  • #109,380
  • Jan 6, 2009 9:34am Jan 6, 2009 9:34am
Good evening from the UK.
Why the surprise at this rally? GBP is way oversold against all the majors. The economy is not in such dire straits as either Europe or the USA. I expect the rally to continue until Thursday. There will be some retracement when the Bof E cuts by half a point, but after that this will continue back to 1.8.
DOW looks ready to break to the downside on the data released today. Job figures likely to add to the misery, but its all under control.
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