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Cable Update (GBPUSD)

  • #118,141
  • Feb 4, 2009 7:31pm Feb 4, 2009 7:31pm
free webinar tonight again for those interested contact me via yahoo im for details
  • #118,142
  • Feb 4, 2009 8:15pm Feb 4, 2009 8:15pm
Quoting jack.canadia
Two short positions on cable .. 1.4450 and 1.4443
hope you are scalping
  • #118,143
  • Feb 4, 2009 8:41pm Feb 4, 2009 8:41pm
I keep moving my stops above 5 minute swing highs...I am locked in profit on both now but I see it lower still
  • #118,144
  • Edited 9:16pm Feb 4, 2009 8:54pm | Edited 9:16pm
Quoting golatigo
hope you are scalping
I see this going down a couple hundred more pips, I'm not interested in any economic report, what catches my interest is BLACK GOLD, and its on its way DOWN.
  • #118,145
  • Feb 4, 2009 9:14pm Feb 4, 2009 9:14pm
try 2 scalp 4 a little pips..long at 4416
  • #118,146
  • Feb 4, 2009 9:16pm Feb 4, 2009 9:16pm
Quoting AmeriTrini
I see this going down a couple more hundred pips, I'm not interested in any economic report, what catches my interest is BLACK GOLD, and its on its way DOWN.
I agree with you, BUT think we'll see 4500+ before it heads south
oil is fairly flat right now at about $40.+
  • #118,147
  • Feb 4, 2009 9:22pm Feb 4, 2009 9:22pm
Quoting steelhead
free webinar tonight again for those interested contact me via yahoo im for details
I wish I would read this earlier I would like to attend
  • #118,148
  • Feb 4, 2009 9:26pm Feb 4, 2009 9:26pm
Quoting sofia101
I wish I would read this earlier I would like to attend


Its not for 3 1/2 hours so you still can. shoot me an email i will get you the info
  • #118,149
  • Feb 4, 2009 9:27pm Feb 4, 2009 9:27pm
Quoting steelhead
Its not for 3 1/2 hours so you still can. shoot me an email i will get you the info
Thank you I will
  • #118,150
  • Edited 10:12pm Feb 4, 2009 9:28pm | Edited 10:12pm
Quoting golatigo
I agree with you, BUT think we'll see 4500+ before it heads south
oil is fairly flat right now at about $40.+
i also think market go 2 north 1st...becoz of lower tf...after back 2 south becoz 1h tf confirm 2 down
  • #118,151
  • Feb 4, 2009 9:36pm Feb 4, 2009 9:36pm
Quoting sofia101
Now that's what I am looking at you decide
Hello Sofia...

Your daily chart showing the pivot and finishing candles seem to be leaning indecision...and short...but it has broken the upper channel to indicate upward testing...

I would be cautious..but can see a lower parallel channel possible forming as well.

Its not too clear...so far...
  • #118,152
  • Feb 4, 2009 9:38pm Feb 4, 2009 9:38pm
long touch my tp...12 pips...i don't how 2 post what i used 2 make decition whether long r buy....sometime i entry ealier than my chart....follow my heard.....yesterday i got 239 pips...hope can cont 4 2day
  • #118,153
  • Feb 4, 2009 9:39pm Feb 4, 2009 9:39pm
Quoting JammerJams
Hello Sofia...

Your daily chart showing the pivot and finishing candles seem to be leaning indecision...and short...but it has broken the upper channel to indicate upward testing...

I would be cautious..but can see a lower parallel channel possible forming as well.

Its not too clear...so far...
I agree will see a little later
  • #118,154
  • Feb 4, 2009 9:40pm Feb 4, 2009 9:40pm
Quoting sofia101
Thank you I will
I hope you got my e-mail
  • #118,155
  • Feb 4, 2009 9:45pm Feb 4, 2009 9:45pm
what i saw on 4h tf did not confirm 2 down....so caution when make decition 2 short....from what i learn the market always follow the higher tf...but we can scalp within that (lower tf)
  • #118,156
  • Feb 4, 2009 9:46pm Feb 4, 2009 9:46pm
Quoting AmeriTrini
I see this going down a couple hundred more pips, I'm not interested in any economic report, what catches my interest is BLACK GOLD, and its on its way DOWN.

Oil correct? I thought that the cable is classified as a non commodity linked currency. I know the euro is linked to Oil.

Im interested in your opinion on the link between the cable and oil, thanks.
  • #118,157
  • Feb 4, 2009 9:50pm Feb 4, 2009 9:50pm
yesterday my sl was hit and i lost 70 pips .today i put my short pending order at 1.4350 and tp 4220 sl 1.4420 and my long pending order at 1.4550 tp 1.4650 and sl 1.4480.i just went short at 1.4450 tp 1.4370 sl 1.4500
  • #118,158
  • Feb 4, 2009 9:52pm Feb 4, 2009 9:52pm
Will we see risk aversion? Or just happens with USD news?

So if BOE cuts rate = weak cable = sell cable/buy usd.
Currencies have been hinky lately, trying to understand it a little better. Many a times have I been caught on the wrong side, opinions please, thanks.
  • #118,159
  • Feb 4, 2009 10:02pm Feb 4, 2009 10:02pm
got 15 pips short...market swing
  • #118,160
  • Feb 4, 2009 10:05pm Feb 4, 2009 10:05pm
Quoting mappollo69
Will we see risk aversion? Or just happens with USD news?

So if BOE cuts rate = weak cable = sell cable/buy usd.
Currencies have been hinky lately, trying to understand it a little better. Many a times have I been caught on the wrong side, opinions please, thanks.

I see reflected in the price of oil witi, unknown meaning but following the plot, I see ahy correspondence.

forgiveness for my English.

trading from argentina

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