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Cable Update (GBPUSD)

  • #109,721
  • Jan 7, 2009 9:18am Jan 7, 2009 9:18am
Quoting blurrcow
who is buyingz ???

dun they know that there will be a huge rate cut tomorrow ???

so everyone who has been trying to short GBP (including myself the last 2 days) has been killed, unless we got out in time....

so the only ones still holding short on GBP are really those with deep pockets and must have been averaging up.... and still hoping for a big fall tomorrow...

Good Luck!
Nice one
  • #109,722
  • Jan 7, 2009 9:19am Jan 7, 2009 9:19am
Quoting nAVIN2007
u were saying..
it's not yet closed
  • #109,723
  • Jan 7, 2009 9:21am Jan 7, 2009 9:21am
Quoting blurrcow
who is buyingz ???

dun they know that there will be a huge rate cut tomorrow ???

so everyone who has been trying to short GBP (including myself the last 2 days) has been killed, unless we got out in time....

so the only ones still holding short on GBP are really those with deep pockets and must have been averaging up.... and still hoping for a big fall tomorrow...

Good Luck!

yeah im with on gettin hurt lol, as for the rate cut tomorrow..it is possible the price is being driven back up for that purpose, as too position themselves and hopefully the small folk like myself for a great short entry and a nice big drop, just my thoughts on it though. well see how it all plays out...
  • #109,724
  • Jan 7, 2009 9:22am Jan 7, 2009 9:22am
we then have to wait till the rate cut..
  • #109,725
  • Edited 9:23am Jan 7, 2009 9:22am | Edited 9:23am
Well it's time to rest. . .

take good care of you (your money), guys!
  • #109,726
  • Jan 7, 2009 9:23am Jan 7, 2009 9:23am
Quoting Atondra
I beg to differ bro. I think the rate cut announcement has been discounted.
this is definatly the worrying factor for going short before the decision tomorrow.

I wont be able to trade tomorrow so i'll prob wait for fri and look for longs then as long as the BOE dont do something crazy with the rates that is
  • #109,727
  • Jan 7, 2009 9:26am Jan 7, 2009 9:26am
Quoting GuateForex
Entry Orders de Compra --- Buy Entry Orders
1. Buy at 1.5126 | Tp: 1.5156
2. Buy at 1.5126 | Tp: 1.5166
3. Buy at 1.5126 | Tp: 1.5176

Entry Orders de Venta --- Sell Entry Orders
1. Sell at 1.4931 | Tp: 1.4901
2. Sell at 1.4931 | Tp: 1.4891
3. Sell at 1.4931 | Tp: 1.4881




If the buy Entry (Pending) orders are executed then you must remove the Sell Entry (Pending) orders and viceversa.

1. Buy at 1.5126 | Tp: 1.5156
2. Buy at 1.5126 | Tp: 1.5166
3. Buy at 1.5126 | Tp: 1.5176

Good Luck!!!

**************
This are my trades, and I will not be responsable of any lose if you follow my trades. You must do your own analisys.
  • #109,728
  • Jan 7, 2009 9:27am Jan 7, 2009 9:27am
Quoting nAVIN2007
u were saying..
nAVIN, what did i told you about the small time frame before, you can't be sure about them my friend....
  • #109,729
  • Jan 7, 2009 9:28am Jan 7, 2009 9:28am
Obama is about to take a news conference- hopefully he will be able to boost some dollar confidence.
  • #109,730
  • Jan 7, 2009 9:31am Jan 7, 2009 9:31am
Quoting NwFXenthsist
yeah im with on gettin hurt lol, as for the rate cut tomorrow..it is possible the price is being driven back up for that purpose, as too position themselves and hopefully the small folk like myself for a great short entry and a nice big drop, just my thoughts on it though. well see how it all plays out...

yep... 5200 please :-) i really want to short heavy!
  • #109,731
  • Jan 7, 2009 9:37am Jan 7, 2009 9:37am
Quoting Abuawad
nAVIN, what did i told you about the small time frame before, you can't be sure about them my friend....
oh i know..4hr thou i incredibly bullish and dailly as well..im packing stuff for moving so im reallly not with it at all..which is good otherwise id have lost a packet trading last 2 days..
  • #109,732
  • Jan 7, 2009 9:38am Jan 7, 2009 9:38am
Quoting mpurdy1973
yep... 5200 please :-) i really want to short heavy!

5200 would be nice
  • #109,733
  • Jan 7, 2009 9:38am Jan 7, 2009 9:38am
Quoting mpurdy1973
yep... 5200 please :-) i really want to short heavy!
for me too late for LONG and kinda early for SHORT>....
holdin long fr .1.492x ....
Trend is ur friend...buddy..

Sonic
  • #109,734
  • Jan 7, 2009 9:39am Jan 7, 2009 9:39am
Quoting nAVIN2007
oh i know..4hr thou i incredibly bullish and dailly as well..im packing stuff for moving so im reallly not with it at all..which is good otherwise id have lost a packet trading last 2 days..
even 30 min chart my friend
  • #109,735
  • Jan 7, 2009 9:40am Jan 7, 2009 9:40am
Quoting Abuawad
even 30 min chart my friend
yes..
  • #109,736
  • Jan 7, 2009 9:40am Jan 7, 2009 9:40am
Quoting spintrader
Obama is about to take a news conference- hopefully he will be able to boost some dollar confidence.
Who is Obama ?
  • #109,737
  • Jan 7, 2009 9:41am Jan 7, 2009 9:41am
Quoting Atondra
Who is Obama ?
  • #109,738
  • Jan 7, 2009 9:43am Jan 7, 2009 9:43am
Quoting nAVIN2007
oh i know..4hr thou i incredibly bullish and dailly as well..im packing stuff for moving so im reallly not with it at all..which is good otherwise id have lost a packet trading last 2 days..
dude you were a nice contrarian indicator yesterday.Made me a bundle .
  • #109,739
  • Jan 7, 2009 9:46am Jan 7, 2009 9:46am
well well well Welcome a board Nancy
  • #109,740
  • Jan 7, 2009 9:48am Jan 7, 2009 9:48am
Quoting Atondra
Who is Obama ?
ignorance is another enemy for a trader...

Sonic
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