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Cable Update (GBPUSD)

  • #10,441
  • Apr 16, 2007 3:52am Apr 16, 2007 3:52am
I'm short too. Target 1.97. CCI already reach +100

Quoting CWH
Hmm, 1.96 is a little bit exaggerated. I bet the lowest intraday point should be 1.97 & above..

What do you reckon?
  • #10,442
  • Apr 16, 2007 3:53am Apr 16, 2007 3:53am
Quoting Equilibrium
it never did reach .9915 in my chart, only till .9912
it did reach 9914 as i can see
  • #10,443
  • Apr 16, 2007 3:53am Apr 16, 2007 3:53am
Quoting PandoraBox
What is your opinion cesarnc, GBP/USD will going up or down?
I'm trading for GU 2.0000, UJ 121 and GJ accordingly this week. Breach of 9913 today opens an attempt to 2.0000 for today!
  • #10,444
  • Apr 16, 2007 3:55am Apr 16, 2007 3:55am
Short GBPUSD -1.9910

Quoting sameer
short 9896
  • #10,445
  • Apr 16, 2007 3:55am Apr 16, 2007 3:55am
04:41market may test the 2.000 level today
  • #10,446
  • Apr 16, 2007 3:58am Apr 16, 2007 3:58am
Quoting Equilibrium
it never did reach .9915 in my chart, only till .9912
It only reached .9913 on my chart. Got stopped becoz of the 3 pips spread.
  • #10,447
  • Apr 16, 2007 3:58am Apr 16, 2007 3:58am
I am short again on G/U
price 9908
target:9800-97xx
stop:9940
SPEED SPEED SPEED
  • #10,448
  • Apr 16, 2007 4:00am Apr 16, 2007 4:00am
7 position open for short lets hope or i will die
  • #10,449
  • Apr 16, 2007 4:02am Apr 16, 2007 4:02am
I think so too, we might test 2.0000 today.
  • #10,450
  • Apr 16, 2007 4:04am Apr 16, 2007 4:04am
ok i admit that i could be wrong in my short, but ok lets see what will happen
  • #10,451
  • Apr 16, 2007 4:05am Apr 16, 2007 4:05am
Quoting sameer
7 position open for short lets hope or i will die
Me too i have 3.5 lots short on GBPUSD
But i am not worry...
i have enough money on account
SPEED SPEED SPEED
  • #10,452
  • Apr 16, 2007 4:06am Apr 16, 2007 4:06am
Quoting sameer
7 position open for short lets hope or i will die
Hope, fear and greed will get you in trouble everytime with forex. You must know why you are trading, what is your target, what is your stop.
Gbp will drop 500pips in the next couple of weeks. It is quite possible to reach 2.00 but needs to break 19952 first.(IMO) My max up is 2.0094.
  • #10,453
  • Apr 16, 2007 4:06am Apr 16, 2007 4:06am
I still think it will go up
  • #10,454
  • Apr 16, 2007 4:07am Apr 16, 2007 4:07am
i got stopped at .9915. going long for now.
  • #10,455
  • Apr 16, 2007 4:07am Apr 16, 2007 4:07am
Any1 know some information about US Reports?
I am waiting US Reports before i Close my positions
  • #10,456
  • Apr 16, 2007 4:15am Apr 16, 2007 4:15am
Gonna be that pain the arse again: why trading against the trend, specialy with cable reacting to very positive PPI?

You must know what your doing.

I'm long all the way up from 9870, long GJ and UJ, too.
  • #10,457
  • Apr 16, 2007 4:15am Apr 16, 2007 4:15am
looks like there is going to be a lot of dead animals today, loks like bears, but we will see
  • #10,458
  • Apr 16, 2007 4:15am Apr 16, 2007 4:15am
Quoting svengali
Hope, fear and greed will get you in trouble everytime with forex. You must know why you are trading, what is your target, what is your stop.
Gbp will drop 500pips in the next couple of weeks. It is quite possible to reach 2.00 but needs to break 19952 first.(IMO) My max up is 2.0094.
What leads you to believe it will drop 500 pips in the next few weeks?
  • #10,459
  • Apr 16, 2007 4:16am Apr 16, 2007 4:16am
Quoting svengali
Hope, fear and greed will get you in trouble everytime with forex. You must know why you are trading, what is your target, what is your stop.
Gbp will drop 500pips in the next couple of weeks. It is quite possible to reach 2.00 but needs to break 19952 first.(IMO) My max up is 2.0094.
Why do you think max up is 2.0094?
If you can't solve a problem, it's because you're playing by the rules.
  • #10,460
  • Apr 16, 2007 4:20am Apr 16, 2007 4:20am
Quoting svengali
Hope, fear and greed will get you in trouble everytime with forex. You must know why you are trading, what is your target, what is your stop.
Gbp will drop 500pips in the next couple of weeks. It is quite possible to reach 2.00 but needs to break 19952 first.(IMO) My max up is 2.0094.
can u show to us how and why GBP will Drop 500Pips??
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