BP buying cable for divendend payments.
So are asian and central banks.
Listen in...
http://ig.ransquawk.com
So are asian and central banks.
Listen in...
http://ig.ransquawk.com
Cable Update (GBPUSD)
- #149,243
- Jul 22, 2009 6:49am Jul 22, 2009 6:49am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
BP buying cable for divendend payments.
So are asian and central banks.
Listen in...
http://ig.ransquawk.com
I was so tempted to pull the trogger up there. That's exacxtly the kind of bounce I look fo so I can get to BE fast.
Ghost Rider - WWTBMD?
- #149,246
- Jul 22, 2009 6:55am Jul 22, 2009 6:55am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
I'm looking at your chart setup from yesterday, is it still valid for now ?
PS : I'm sorry for my bad english language. Still very newbie, just watch and try to learn from u all the master.
- #149,247
- Jul 22, 2009 6:56am Jul 22, 2009 6:56am
- Joined Jul 2009 | Status: Left Leg In, Right Leg Out! | 5,792 Posts
Thx to previous posts yesterday and last night. I had a look at the weekly and daily: both UP to me.
15M shows a stall. Perhaps a retrace to 1.6388?? which would be a really nice bounce for a good LONG position. Thoughts anyone?
Unfortunately, I've missed the initial run up... stoopid J.O.B.
15M shows a stall. Perhaps a retrace to 1.6388?? which would be a really nice bounce for a good LONG position. Thoughts anyone?
Unfortunately, I've missed the initial run up... stoopid J.O.B.
A pip is only worth it if you know how much you risked to earn it
- #149,248
- Jul 22, 2009 6:57am Jul 22, 2009 6:57am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
Yes thats more like why it went up.
You could buy at the down channel perhaps. I shorted 46, got 15 and a be trade last 30 mins. Not going to piss my money away. Will withdraw the excess to make it a round number hehe.
Beer on me!
No reason for a big sell off... unless we hear some bad news... keep in mind we are still way below the levels we had before the crisis... i don`t think we will sink unless new bad news come into the market...
And today the news were mainly good, even heard a sceptic on bloomberg(at least they said he is usually very sceptic) saying he has no reason to hold shorts right now...
I think he is right, we have no reason to go lower becouse things are improving, it will take a while to get back to where things were before, but cabble once has over 2.000 so it has room to go up, a lot of room, and i think it will slowly move higher as things settle and improve... and i`m pretty sure we won`t see 1.45 unless disaster strikes(again).
Also for long term it`s better to hold longs(buy) as you get intrest(swap)... i think the big guys will do just that, and are most likely adding longs as we go up and holding them.
At least with a long you know at some point, even if the market goes lower, you can get your money back as it can only go so low(money AND intrest)....
My opinion anyway.
Green pips!
And today the news were mainly good, even heard a sceptic on bloomberg(at least they said he is usually very sceptic) saying he has no reason to hold shorts right now...
I think he is right, we have no reason to go lower becouse things are improving, it will take a while to get back to where things were before, but cabble once has over 2.000 so it has room to go up, a lot of room, and i think it will slowly move higher as things settle and improve... and i`m pretty sure we won`t see 1.45 unless disaster strikes(again).
Also for long term it`s better to hold longs(buy) as you get intrest(swap)... i think the big guys will do just that, and are most likely adding longs as we go up and holding them.
At least with a long you know at some point, even if the market goes lower, you can get your money back as it can only go so low(money AND intrest)....
My opinion anyway.
Green pips!
- #149,250
- Jul 22, 2009 6:59am Jul 22, 2009 6:59am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #149,253
- Jul 22, 2009 7:05am Jul 22, 2009 7:05am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Explain?!
...Yeah...right....LOL...One of my rules. I never enter a position between my S/R lines. This last hour closed dam near smack dab in the middle...LOL
Ghost Rider - WWTBMD?
Yesterday's and the day before yesterday's charts were played out from 16555 entries. Today's charts were posted this morning, will update and post a couple more in 15mins.
- #149,255
- Jul 22, 2009 7:06am Jul 22, 2009 7:06am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Here is this morning's post including charts about the 3 senarios I mention after we hit 16307/11 area:
http://www.forexfactory.com/showpost...stcount=149072
1st chart below is from that post.
2nd chart shows what happened: Senario 3 in play.
PS They are only my analysis for my trades, trade your charts bro.
...I remember
Ghost Rider - WWTBMD?
- #149,256
- Jul 22, 2009 7:09am Jul 22, 2009 7:09am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
...and i think it will slowly move higher as things settle and improve... and i`m pretty sure we won`t see 1.45 unless disaster strikes(again).
At least with a long you know at some point, even if the market goes lower, you can get your money back as it can only go so low(money AND intrest)....
- #149,257
- Jul 22, 2009 7:18am Jul 22, 2009 7:18am
- | Commercial User | Joined Jun 2009 | 1,254 Posts
down baby down and give me green pips
- #149,258
- Jul 22, 2009 7:19am Jul 22, 2009 7:19am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
.... until we pause at 1.37.
hold your horses.... that is too fast. 1.50 area is good enough for now