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Cable Update (GBPUSD)

  • #135,341
  • Jun 3, 2009 10:01am Jun 3, 2009 10:01am
short from .6572, +282pips today, nicely.
  • #135,342
  • Jun 3, 2009 10:01am Jun 3, 2009 10:01am
Quoting BANDA
GBP was just a scam...........it appreciated for nothing it was just a stop hunting move.................at least 1.60 on the cards ...............
5300 my friend. at least
Good luck to you
Thank You
  • #135,343
  • Jun 3, 2009 10:02am Jun 3, 2009 10:02am
Quoting at2au
Very interesting!! Is this monthly ? Where do you get this?

http://www.mizuho-cb.co.uk/TresInter...CALS/Index.htm
  • #135,344
  • Jun 3, 2009 10:02am Jun 3, 2009 10:02am
fall fall fall.....
makes me dizzy. maybe trend already broken
and people in long direction got trapped
- Always pray on your trading - God know the best for everyone
  • #135,345
  • Jun 3, 2009 10:03am Jun 3, 2009 10:03am
Quoting wormboy
5300 my friend. at least
Good luck to you
you mean we can sit in sell now easily?and can make atleast 300-400


Ub
  • #135,346
  • Jun 3, 2009 10:06am Jun 3, 2009 10:06am
hey buddy I trust what you say...........You are a great trader............if 1.53 it would be awesome......U.K political situation also could sway this thing 200-300 pips south............some say U.K will have to dissolve the parliament due to resignations ..........I know nothing about u.k so need to verify with U.K friends ........maybe GBP falling after Andy Murry lost in French Open ..... or maybe due to the fact that Susan Boyle lost "Britain got talent"

Quoting wormboy
5300 my friend. at least
Good luck to you
BANDA333
  • #135,347
  • Jun 3, 2009 10:09am Jun 3, 2009 10:09am
Nice trade Jack I doubted it myself



Quoting jack.canadia
Yes, it hit while i was sleeping for +5 pips .. looks like the 6660/70 area held nicely though and i hope many of you are short! Too bad im not in it .. but...

I am long another pair, USDCAD .. many positions near 1.08 and the smile on my face when i woke up this morning



I also stated that a weekly close below the larger 38.2 level is extremely bearish .. So we want a close below 6400 ..

After NFPs, I'll put together a plan to get short next week for you guys if in fact we get a bearish close and a few other indications!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #135,348
  • Jun 3, 2009 10:11am Jun 3, 2009 10:11am
Quoting Exciter135
short from .6572, +282pips today, nicely.
That is amazing for 1 days work. But where was your SL as it did go to 1.6660?
You've got to be IN IT to WIN IT!
  • #135,349
  • Jun 3, 2009 10:15am Jun 3, 2009 10:15am
Lol price has to rise and fall otherwise whats the piont theres no scam,it was all there for the taking....you just missed it

Quoting BANDA
GBP was just a scam...........it appreciated for nothing it was just a stop hunting move.................at least 1.60 on the cards ...............
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #135,350
  • Jun 3, 2009 10:20am Jun 3, 2009 10:20am
Looks like bearish englufing candle on daily.
  • #135,351
  • Jun 3, 2009 10:21am Jun 3, 2009 10:21am
Quoting Ifty
That is amazing for 1 days work. But where was your SL as it did go to 1.6660?
.6670. Short in London session. when she turns her head already.
  • #135,352
  • Jun 3, 2009 10:24am Jun 3, 2009 10:24am
Quoting Exciter135
.6670. Short in London session. when she turns her head already.
Oh right OK sorry. Well you have done well. The impressive thing for me is how you stayed in the trade till the end. I have a problem with exiting too early.
You've got to be IN IT to WIN IT!
  • #135,353
  • Jun 3, 2009 10:27am Jun 3, 2009 10:27am
Hey Tony
I agree with you on price movement thing. Look at the U.K economy I read in a British economist writing GBP has to be weak around 1.45 for U.K to make money with EU exports which could help with rising employment u.k ....... I am no way trying to make fun out of GBP.Who ever drove this thing up had some motive to crush all the shorties and to frighten them never to short GBP only for them to short when needed.
Quoting Bones
Lol price has to rise and fall otherwise whats the piont theres no scam,it was all there for the taking....you just missed it
BANDA333
  • #135,354
  • Jun 3, 2009 10:29am Jun 3, 2009 10:29am
Quoting Ifty
Oh right OK sorry. Well you have done well. The impressive thing for me is how you stayed in the trade till the end. I have a problem with exiting too early.
I don't know how to upload picture into my post. could you help me. I'll show.
  • #135,355
  • Jun 3, 2009 10:36am Jun 3, 2009 10:36am
i have not done it before but when you are replying to this post there is a ATTACHMENT option at the top of the box. SELECT the file (.jpeg) etc and it will attach. Hope it works as i need all the help i can get.

Thanks again man.
You've got to be IN IT to WIN IT!
  • #135,356
  • Jun 3, 2009 10:39am Jun 3, 2009 10:39am
Anyone who missed the short, we'll have to wait for a pullback.. the second leg down will be fun
  • #135,357
  • Jun 3, 2009 10:40am Jun 3, 2009 10:40am
Quoting BANDA
GBP was just a scam...........it appreciated for nothing it was just a stop hunting move.................at least 1.60 on the cards ...............
No scam ... even if it was a stop hunting move, you could have made money .. it looks as if the big money is unwinding for now, so we can have a short bias now
  • #135,358
  • Jun 3, 2009 10:40am Jun 3, 2009 10:40am
Quoting Ifty
i have not done it before but when you are replying to this post there is a ATTACHMENT option at the top of the box. SELECT the file (.jpeg) etc and it will attach. Hope it works as i need all the help i can get.

Thanks again man.
I tried already, but not successful. I can email you if I have the address.
  • #135,359
  • Jun 3, 2009 10:42am Jun 3, 2009 10:42am
Really Banda you mindset is wrong for trading ,if you think the market is a conspiracy and the market being totally manipulated all the time ,everything is there for the taking for you if you can learn to read it cause no matter what
it moves within set boundaries and always has done.

Quoting BANDA
Hey Tony
I agree with you on price movement thing. Look at the U.K economy I read in a British economist writing GBP has to be weak around 1.45 for U.K to make money with EU exports which could help with rising employment u.k ....... I am no way trying to make fun out of GBP.Who ever drove this thing up had some motive to crush all the shorties and to frighten them never to short GBP only for them to short when needed.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #135,360
  • Jun 3, 2009 10:42am Jun 3, 2009 10:42am
Whats anyones take with the strength or weakness of the dollar if geidner gets china to buy more "paper" from us.... ? Will it strengthen or weaken the dollar....
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