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Cable Update (GBPUSD)

  • #125,561
  • Mar 9, 2009 6:40am Mar 9, 2009 6:40am
Proportional retrace, from last to tops to bottom 2, going to hold for 1.39 area...after break of 1.3803...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,562
  • Mar 9, 2009 6:41am Mar 9, 2009 6:41am
Quoting cesarg
the bottom is around zero ... really, good bottom will be the parity with dollar..

sometime ago, i said: 1 dollar = 1pound = 1 euro = 100 yen... my god, is so close that time!!!!

Good talk..it took Rome 500 years to fall...

United Kingdom...will soon fall

then America..will fall

We are waiting for the new KINGDOM
  • #125,563
  • Mar 9, 2009 6:41am Mar 9, 2009 6:41am
Quoting Forbes55
I don't see the bottom but I see pound closing today or tomorrow morning around 1.39

i can see a little retracement till around 1.3930-60...

i'm still crying by my closed positions at 1.40
  • #125,564
  • Mar 9, 2009 6:41am Mar 9, 2009 6:41am
Long at 3765...looking for 50 pips....we'll see...http://www.forexfactory.com/images/icons/icon7.gif....

EDIT: Whoops...I miss typed I meant 40 pips. Darn fat fingers....lol
Ghost Rider - WWTBMD?
  • #125,565
  • Mar 9, 2009 6:44am Mar 9, 2009 6:44am
KA CHING...$$$$....Thank you Forex Gods
Ghost Rider - WWTBMD?
  • #125,566
  • Mar 9, 2009 6:44am Mar 9, 2009 6:44am
Quoting albchr
Long at 3765...looking for 50 pips....we'll see...http://www.forexfactory.com/images/icons/icon7.gif....
take more easily - 100 pips, but no more
also I sold another damn thing - eurgbp
ROBOT FOREX
  • #125,567
  • Mar 9, 2009 6:50am Mar 9, 2009 6:50am
Quoting albchr
Long at 3765...looking for 40 pips....we'll see...http://www.forexfactory.com/images/icons/icon7.gif....

OH you entered a little too early..i entered long @ 1.3741..still counting
  • #125,568
  • Mar 9, 2009 6:51am Mar 9, 2009 6:51am
Quoting alfamichi
Good talk..it took Rome 500 years to fall...

United Kingdom...will soon fall

then America..will fall

We are waiting for the new KINGDOM

i don't think both will fall, but they are in really serious troubles.
new kingdom.... what will be.... ???
  • #125,569
  • Mar 9, 2009 6:51am Mar 9, 2009 6:51am
Quoting Forbes55
take more easily - 100 pips, but no more
also I sold another damn thing - eurgbp
Looks like you may be right. But being a new trader, I try (best I can) to stick to the old "don't get greedy" mantra...LOL

I'll take 40 pips on a 1 lot for a Monday morning first trade and be very happy about it...lol
Ghost Rider - WWTBMD?
  • #125,570
  • Mar 9, 2009 6:53am Mar 9, 2009 6:53am
Pshhhhhhhh, easy money play...
Took 120 all 3 combined, will wait for pull back and maybe take another bite on this apple!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,571
  • Mar 9, 2009 6:53am Mar 9, 2009 6:53am
Quoting alfamichi
OH you entered a little too early..i entered long @ 1.3741..still counting
Nice call...ride the wave!!
Ghost Rider - WWTBMD?
  • #125,572
  • Mar 9, 2009 6:54am Mar 9, 2009 6:54am
got 500 pip loss but from now i will trade carefully and always concentrate and follow on news and indications of other traders rather then own indicators thanks for all of you guidance but i forgot to hedge that is why i got loss

Ub
  • #125,573
  • Mar 9, 2009 6:56am Mar 9, 2009 6:56am
prepare for next drop towards 3710

short from 1.4031 http://www.forexfactory.com/images/icons/icon14.gif
  • #125,574
  • Mar 9, 2009 6:59am Mar 9, 2009 6:59am
c`mon cable dive dive
  • #125,575
  • Mar 9, 2009 7:00am Mar 9, 2009 7:00am
let's support the cable for long life!
ROBOT FOREX
  • #125,576
  • Mar 9, 2009 7:00am Mar 9, 2009 7:00am
Looking to add long @ 1.376 area on a turn...will see what happens.

15m looks good to go for another run at long side imo
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #125,577
  • Mar 9, 2009 7:04am Mar 9, 2009 7:04am
I see her retrace upward to 1.4020 then turn around and head south.

strong physiological support hit already..
we may see the big move upward in a could hours...

good luck all...
  • #125,578
  • Mar 9, 2009 7:07am Mar 9, 2009 7:07am
Quoting Magix
Looking to add long @ 1.376 area on a turn...will see what happens.

15m looks good to go for another run at long side imo
I also closed two longs with small profit but I smell that we closed too early, we should have wait till level 1.39
ROBOT FOREX
  • #125,579
  • Mar 9, 2009 7:11am Mar 9, 2009 7:11am
Quoting JammerJams
I see her retrace upward to 1.4020 then turn around and head south.

strong physiological support hit already..
we may see the big move upward in a could hours...

good luck all...
Jammer why do you think as high as 4020? To test that previous support level?
  • #125,580
  • Mar 9, 2009 7:11am Mar 9, 2009 7:11am
Quoting Forbes55
I also closed two longs with small profit but I smell that we closed too early, we should have wait till level 1.39
Small pull back in the wind, but still good on a long cycle...

I am quick to protect profits, most times, a little tooooooooo quick...

Theres always another play.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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