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Cable Update (GBPUSD)

  • #117,001
  • Feb 2, 2009 6:40am Feb 2, 2009 6:40am
4065 is s2 but I didn't feel the need to long (go w/ the flow and all that)
  • #117,002
  • Feb 2, 2009 6:42am Feb 2, 2009 6:42am
Dear

May be,,,long here from 1.4050 with short term target around 1.4180..for a retest on this broken support before continue down till 1.3840



Be Carfulle on Long now,,,as may be we will test 1.35XX again this week

Quoting pipmyride
anyone game for a long here ??
  • #117,003
  • Feb 2, 2009 6:47am Feb 2, 2009 6:47am
Quoting mohfaid

Be Carfulle on Long now,,,as may be we will test 1.35XX again this week
make sure you look at the daily chart and the last few candles. it would appear we are on a down move. any longs should be intraday and nothing more.
  • #117,004
  • Feb 2, 2009 6:49am Feb 2, 2009 6:49am
Quoting SmoothTrader
Should be good for a bounce, but the action today is highly suspect.
Yeh i'm definately NOT attempting it
  • #117,005
  • Feb 2, 2009 6:53am Feb 2, 2009 6:53am
in London the weather is not good, been snowing heavily since last night.
  • #117,006
  • Feb 2, 2009 6:55am Feb 2, 2009 6:55am
  •  Trader#0EAB
  • | Status: Unregistered Trader
have taken a long here... very minimal pipvalue... stoches are all bottomed out... will see if i can gain a few before news...

enter 1.4090
  • #117,007
  • Feb 2, 2009 6:55am Feb 2, 2009 6:55am
Quoting leu02cz
in London the weather is not good, been snowing heavily since last night.
Yeah its been really bad! I was meant to go into university today, but the weather has prevented that - so that's why i'm here .
"The trend is your friend, until the end."
  • #117,008
  • Feb 2, 2009 6:56am Feb 2, 2009 6:56am
i'm long since 1.4254 . . . but my micro...
i thought we'd have saome retracemnet there . . haha shit
  • #117,009
  • Feb 2, 2009 6:56am Feb 2, 2009 6:56am
Quoting leu02cz
in London the weather is not good, been snowing heavily since last night.
its been great, just had a huge snow fight in the garden!!

long may it continue, south east come a grinding halt though, very few trains to london, no bus services, no milk in shops either!!!
Trading is 80% Emotional, 20% Technical
  • #117,010
  • Feb 2, 2009 7:01am Feb 2, 2009 7:01am
  •  Trader#0EAB
  • | Status: Unregistered Trader
am looking for a good solid broker... am preparing to close my account with IBFX... and not looking to go back with FXPro... but may...

any suggestions would be great. only wanting mini as i want to manage the pipvalues to suit me...

want to be able to trade micromini lots as well as full lots...
  • #117,011
  • Feb 2, 2009 7:03am Feb 2, 2009 7:03am
long in 3 tranches that makes 1,4109

we go up from here, you'll see tomorrow and in this month especially

I see GBPUSD between 1,50 and 1,60 by the end of the month

PS I shorted in on Friday 1,445 to 1,41....but these downmoves are false moves..
  • #117,012
  • Feb 2, 2009 7:05am Feb 2, 2009 7:05am
Mack, look at alpari.co.uk. I am with them, very reliable so far, quick to respond through email usually, and they are offering 10% deposit bonus. Only problem is u have to trade 100 standard lots between certain dates to actually own that 10%, but its still added to your account so gives u bigger margin.
For mini they only offer 0.01 - 0.05 no more, then it goes into standard lot sizes 1.0 onwards.
  • #117,013
  • Feb 2, 2009 7:05am Feb 2, 2009 7:05am
Quoting fammira
long in 3 tranches that makes 1,4109

we go up from here, you'll see tomorrow and in this month especially

I see GBPUSD between 1,50 and 1,60 by the end of the month

PS I shorted in on Friday 1,445 to 1,41....but these downmoves are false moves..

what makes you think this? technical or fundamental analysis?
do you have any charts which indicate this?
  • #117,014
  • Feb 2, 2009 7:06am Feb 2, 2009 7:06am
Closed other half of Fridays position, +440.
I took shorts for the following last nite,

gbp/jpy 126.37 entry, closed this am 125.35 for +102
gbp/chf 1.6580 entry, closed this am 1.6365 for +215

Long,

eur/gbp .8959 entry, closed this am .9060 for +101

Taking the rest of the day off, happy pips to all.
  • #117,015
  • Feb 2, 2009 7:06am Feb 2, 2009 7:06am
  •  Trader#0EAB
  • | Status: Unregistered Trader
now closed for profit of 35 pips...

now to let news do it's thing while i go to breakfast

enjoy and happy snowday...
  • #117,016
  • Feb 2, 2009 7:15am Feb 2, 2009 7:15am
regarding your post quoted below, I have sent you an PM.

Michelle



Quoting macK
am looking for a good solid broker... am preparing to close my account with IBFX... and not looking to go back with FXPro... but may...

any suggestions would be great. only wanting mini as i want to manage the pipvalues to suit me...

want to be able to trade micromini lots as well as full lots...
  • #117,017
  • Feb 2, 2009 7:15am Feb 2, 2009 7:15am
Quoting ntoller
what makes you think this? technical or fundamental analysis?
do you have any charts which indicate this?
dont want to appear arrogant, it's just a feeling that I have of this market

up 3% on friday, down 3% on monday....this looks quite fake to me
  • #117,018
  • Feb 2, 2009 7:34am Feb 2, 2009 7:34am
Quoting fammira
dont want to appear arrogant, it's just a feeling that I have of this market

up 3% on friday, down 3% on monday....this looks quite fake to me

thats a huge move against the trend (2000 pips) and would probably signal the end of this relentless bearish sentiment, the end of risk aversion and some sort of stabilisation in between the current position and where you think it may head. over the last 6 months there hasnt been a move up of more than 1200 pips. If you look at the daily chart and hear the news which is still coming out bad I just dont see how you can predict this. Not so say you arent right, I have no idea of how you trade or whatever. Just would like to know that this is more than just a 'feeling' considering I see it continuin down or staying sideways over the month
  • #117,019
  • Feb 2, 2009 7:34am Feb 2, 2009 7:34am
US Data was a bit uneventful
  • #117,020
  • Feb 2, 2009 7:37am Feb 2, 2009 7:37am
i waiting bband up come out on 5m tf...2 cnfirm north movemnt...but i don't think it can go too far...but now i already green n still in trailing
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