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Cable Update (GBPUSD)

  • #109,761
  • Jan 7, 2009 10:17am Jan 7, 2009 10:17am
Quoting fx local
great call there bro....
Patience + Discipline - Greed = Success
  • #109,762
  • Jan 7, 2009 10:17am Jan 7, 2009 10:17am
5 bagger night? or 5 good calls the past couple of days?
  • #109,763
  • Jan 7, 2009 10:18am Jan 7, 2009 10:18am
Quoting Abuawad
if cable manage to break 1.5167 will open the way to 1.5288 , 1.5585
You know your stuff!
Nothing worth having is easy.
  • #109,764
  • Jan 7, 2009 10:19am Jan 7, 2009 10:19am
Quoting GuateForex
**************
1. Buy at 1.5126 | Tp: 1.5156 | TP1: +30 Pips
2. Buy at 1.5126 | Tp: 1.5166 | TP2: +40 Pips
3. Buy at 1.5126 | Tp: 1.5176 | TP3: +50 Pips

+120 Pips !!!
So far So Good!!!!

Jan 02: +120Pips
Jan 05: +120Pips
Jan 06: +120Pips
Jan 07: +120 Pips

Total: 480 Pips!!!

Done for Today.... Good Traiding Everybody....
  • #109,765
  • Jan 7, 2009 10:19am Jan 7, 2009 10:19am
Quoting Abuawad
if cable manage to break 1.5167 will open the way to 1.5288 , 1.5585
yes for sure
Trading is 80% Emotional, 20% Technical
  • #109,766
  • Jan 7, 2009 10:20am Jan 7, 2009 10:20am
i gna hold back from shortin atm, it reached target a bit early.
  • #109,767
  • Jan 7, 2009 10:22am Jan 7, 2009 10:22am
Quoting fry2010
5 bagger night? or 5 good calls the past couple of days?
i meant another 500+ pips nite...
  • #109,768
  • Jan 7, 2009 10:23am Jan 7, 2009 10:23am
short!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 120 KB
  • #109,769
  • Jan 7, 2009 10:23am Jan 7, 2009 10:23am
Its as if theyve announced the cut today.
  • #109,770
  • Jan 7, 2009 10:23am Jan 7, 2009 10:23am
lol nice one then matey.
  • #109,771
  • Jan 7, 2009 10:30am Jan 7, 2009 10:30am
Quoting fry2010
i still see it going higher to 5300.
That will be good to short.
it was funny the minute you posted it shot thru the roof.You sure you dont work for the BoE
  • #109,772
  • Jan 7, 2009 10:31am Jan 7, 2009 10:31am
Quoting mpurdy1973
short!
Where is your TP?
  • #109,773
  • Jan 7, 2009 10:31am Jan 7, 2009 10:31am
Quoting Qu|cksilver
Hi,
Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?

I am reminded of this post whenever I call up this active thread...

What if.... nah... wont happen in my lifetime !!

I am all out - my last stop taken out at 1.5225. Good nite all!

May the pips be with you!
  • #109,774
  • Jan 7, 2009 10:32am Jan 7, 2009 10:32am
Quoting trader2160
You sure you dont work for the BoE
lol yeah i applied for them but they wudnt hire me. lol.
  • #109,775
  • Jan 7, 2009 10:35am Jan 7, 2009 10:35am
Quoting Abuawad
Next 1.5165 then 1.5240 & 1.5288
Its always best to get the last laugh.
  • #109,776
  • Jan 7, 2009 10:39am Jan 7, 2009 10:39am
Quoting svirgo
Where is your TP?
dont have one....will use trailing stop (

1) the cable is overbought
2) interest cuts tomorrow
3) everyone is buying
4) cable has hit resistance


it may only go down 200 pips or it could go back to 4500??? it will go back up... dont know when... however right now... good time to short :-)
  • #109,777
  • Jan 7, 2009 10:44am Jan 7, 2009 10:44am
Quoting mpurdy1973
dont have one....will use trailing stop (

1) the cable is overbought
2) interest cuts tomorrow
3) everyone is buying
4) cable has hit resistance


it may only go down 200 pips or it could go back to 4500??? it will go back up... dont know when... however right now... good time to short :-)
I'm sensing one final push up...

Closed half of my short from 5257 rest at BE+2...

Let's see....
  • #109,778
  • Jan 7, 2009 10:46am Jan 7, 2009 10:46am
Quoting mpurdy1973
dont have one....will use trailing stop (

1) the cable is overbought
2) interest cuts tomorrow
3) everyone is buying
4) cable has hit resistance


it may only go down 200 pips or it could go back to 4500??? it will go back up... dont know when... however right now... good time to short :-)
I can't disagree with that one..however we could go a bit higher before dropping to maybe the daily 5sma...

I am thinking that we may see a selloff after interest is paid later on...
Patience + Discipline - Greed = Success
  • #109,779
  • Jan 7, 2009 10:46am Jan 7, 2009 10:46am
Quoting fry2010
lol yeah i applied for them but they wudnt hire me. lol.
Merv?Is that you.

Come on Mr King stop kidding around
  • #109,780
  • Jan 7, 2009 10:49am Jan 7, 2009 10:49am
This is the right time to buy... i think so...
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