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Cable Update (GBPUSD)

  • #130,141
  • Apr 22, 2009 3:10am Apr 22, 2009 3:10am
Quoting kingindian
im going to 4545 too
but beaware 21 min left in GBP datas which can turn market down or up so becareful and work with SL


Ub
  • #130,142
  • Apr 22, 2009 3:14am Apr 22, 2009 3:14am
i think todays low is enough,tf 15m seem like going up already..
newbies yang minat nak belajar forex, sila ym saya, ym: ammal007
  • #130,143
  • Apr 22, 2009 3:14am Apr 22, 2009 3:14am
Quoting riggster
How are you guys going to play this for the news 9.30 gmt? Lock in profits and hold? or exit before?
I'm holding, I entered on the 38.2%, 1.4697 on the short side (posted earlier). Trend is down so I'm hanging tight.... I have zero risk ATM.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,144
  • Apr 22, 2009 3:19am Apr 22, 2009 3:19am
Quoting Bull_Bear
I'm holding, I entered on the 38.2%, 1.4697 on the short side (posted earlier). Trend is down so I'm hanging tight.... I have zero risk ATM.
Good call, you've got some room for it to breath there too. Best of luck.
  • #130,145
  • Apr 22, 2009 3:21am Apr 22, 2009 3:21am
will this cause boost up?

billion pound boost for housing
link
- Always pray on your trading - God know the best for everyone
  • #130,146
  • Apr 22, 2009 3:24am Apr 22, 2009 3:24am
Quoting kingindian
will this cause boost up?

billion pound boost for housing
link
let see what will happen if data comes in favor of GBP then market will shoot up otherwise will go more down and will touch level of 4300


Ub
  • #130,147
  • Apr 22, 2009 3:39am Apr 22, 2009 3:39am
its going down now and will reach 4545...
congratz all,
i already take it out because i've got to go..
- Always pray on your trading - God know the best for everyone
  • #130,148
  • Apr 22, 2009 3:56am Apr 22, 2009 3:56am
closed all shorts at 4529
thanks all for your insite to this one
Durn the torpedos, full speed ahead
  • #130,149
  • Apr 22, 2009 4:04am Apr 22, 2009 4:04am
Quoting Ben920FX
Up by 40 pips, I am setting my SL to BE, no risk at all, 1st TP is 100 pips
1st TP hit... that's it for me, goodluck everyone
My edge ===> Patience
  • #130,150
  • Apr 22, 2009 4:06am Apr 22, 2009 4:06am
Still holding shorts...... SL adjusted to 1.4630
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,151
  • Apr 22, 2009 4:12am Apr 22, 2009 4:12am
Quoting Bull_Bear
Still holding shorts...... SL adjusted to 1.4630
Still more room to go down so it's a nice call...
My edge ===> Patience
  • #130,152
  • Apr 22, 2009 4:33am Apr 22, 2009 4:33am
question is, is the 'worst Budget since WW2' that the media are hyping up already factored into todays drop, or is there worse to come??
  • #130,153
  • Apr 22, 2009 5:21am Apr 22, 2009 5:21am
Quoting duflingy
closed all shorts at 4529
thanks all for your insite to this one
Wisdom
Never sell @ lower upward channel unless breacked and vise versa .
  • #130,154
  • Apr 22, 2009 5:33am Apr 22, 2009 5:33am
gbpusd down today
  • #130,155
  • Apr 22, 2009 5:35am Apr 22, 2009 5:35am
cable need to be above 1.4649 to clear continue up ... or its trap and SL hunting
  • #130,156
  • Apr 22, 2009 5:38am Apr 22, 2009 5:38am
Quoting deboooo2005
cable need to be above 1.4649 to clear continue up ... or its trap and SL hunting
I agree, it hunted my SL down.... still +67 pips in front
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #130,157
  • Apr 22, 2009 5:41am Apr 22, 2009 5:41am
Quoting Bull_Bear
I agree, it hunted my SL down.... still +67 pips in front
about me i long @ 1.4525 and looking to Sell @1.4770
  • #130,158
  • Apr 22, 2009 5:44am Apr 22, 2009 5:44am
Dear Deboooo

Is that just going up to gather momentum to continue down and break 1.4520 area ???

The last 4 H close was clealry bearsh , but I don't understand what is happened now ?




Quoting deboooo2005
cable need to be above 1.4649 to clear continue up ... or its trap and SL hunting
  • #130,159
  • Apr 22, 2009 5:47am Apr 22, 2009 5:47am
Quoting paraivagas
gbpusd down today
no.
Thank You
  • #130,160
  • Apr 22, 2009 5:47am Apr 22, 2009 5:47am
next target 1.4680 and then there is important area between 1.4717 and 1.4732 if it broke 1.4792 ... and there is also important area between 1.4824 and 1.4841 if it broke 1.4915
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