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Cable Update (GBPUSD)

  • #155,701
  • Aug 6, 2009 6:27am Aug 6, 2009 6:27am
Quoting Ferick
Now the hard part. Should I hold the short or cash out? Does this break the back of the bulls? BOA really hurt the Bulls with rate cut and QE increase.
If I were you I would cash out and wait for a new setup.. Cable is at critical support now.
  • #155,702
  • Aug 6, 2009 6:27am Aug 6, 2009 6:27am
Quoting Bull_Bear
Just like you said mate
congrats, buddy on your short...
boy this is gonna be some weekend...bring it on...brrrrrrrr zzzzzzzzzz
Hear the music before the song is over ...
  • #155,703
  • Aug 6, 2009 6:28am Aug 6, 2009 6:28am
Ok guys enough goofing around back to business...

Any daring takers?
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,704
  • Aug 6, 2009 6:28am Aug 6, 2009 6:28am
Quoting Big Wave Rider
I told you, the dancing bear is ALWAYS right.
lol I love that bear
Thank You
  • #155,705
  • Aug 6, 2009 6:30am Aug 6, 2009 6:30am
Quoting Bull_Bear
Ok guys enough goofing around back to business...

Any daring takers?

Business is done, time to take your money off the table and run........like you stole it from the mob.
Just Trade It
  • #155,706
  • Aug 6, 2009 6:30am Aug 6, 2009 6:30am
Quoting Bull_Bear
Ok guys enough goofing around back to business...

Any daring takers?
Meaning long?
Great Bodies are Engineered not Born
  • #155,707
  • Aug 6, 2009 6:31am Aug 6, 2009 6:31am
Got a great buy signal, but gonna wait for the momentum to subside.

Ne
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  • #155,708
  • Aug 6, 2009 6:31am Aug 6, 2009 6:31am
Quoting direct-trade
http://www.forexfactory.com/showpost.php?p=2931310&postcount=155178

http://www.forexfactory.com/showpost...stcount=155187

No surprises there then (in posts above), rise through 17000 to 17043 and drop as planned.


And nice little Short on GBP/JPY at 16240/50 resistance, currently at 16062: http://www.forexfactory.com/showpost.php?p=2931468&postcount=155227...
TP 1 hit.

http://www.forexfactory.com/showpost...stcount=154828
  • #155,709
  • Aug 6, 2009 6:32am Aug 6, 2009 6:32am
Quoting Big Wave Rider
Business is done, time to take your money off the table and run........like you stole it from the mob.
Banked already mate
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,710
  • Aug 6, 2009 6:33am Aug 6, 2009 6:33am
Quoting cesarnc
This one was for free, worm...

Next time we're charging $50 apiece

I'm getting me one of those then
Thank You
  • #155,711
  • Aug 6, 2009 6:33am Aug 6, 2009 6:33am
Quoting Big Wave Rider
Business is done, time to take your money off the table and run........like you stole it from the mob.
like that movie -- Quick Change-- the scene where the guy steals money from the mob...freaking hilarious!
Hear the music before the song is over ...
  • #155,712
  • Aug 6, 2009 6:34am Aug 6, 2009 6:34am
whoa..wat a bear runs..took short entry at 6954 and cant even strech my tp it blows my 60 pips off..hmm anyway i long from 6830 to 6900..again retracement happen..m i rite?
Play it HarD*
  • #155,713
  • Aug 6, 2009 6:37am Aug 6, 2009 6:37am
Quoting Big Wave Rider
Business is done, time to take your money off the table and run........like you stole it from the mob.
Yes! Or they will hunt you down and take it back!
  • #155,714
  • Aug 6, 2009 6:37am Aug 6, 2009 6:37am
I will use a 228 pip stoploss

Quoting Nene
Got a great buy signal, but gonna wait for the momentum to subside.

Ne
  • #155,715
  • Aug 6, 2009 6:38am Aug 6, 2009 6:38am
Quoting Nene
Got a great buy signal, but gonna wait for the momentum to subside.

Ne
I'm in at (1.6860) but If the hourly closes above 1.6820 I'll jump in for another lot - this teddy could turn into a spike. so don't wanna miss it.
May the forex be with you |
  • #155,716
  • Aug 6, 2009 6:38am Aug 6, 2009 6:38am
Quoting RichLadyFX
Meaning long?
Yeah, Mi-Lady.... but I have:

1. sell order @ 1.6880... SL 1.6950... TP 1.6800 (i believe this will hit first)

2. buy order @ 1.6790 ... SL 1.6740... TP 1.6850
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,717
  • Aug 6, 2009 6:38am Aug 6, 2009 6:38am
All other majors had just a minor sell off, which means this move is over. For the time being anyways.
Just Trade It
  • #155,718
  • Aug 6, 2009 6:42am Aug 6, 2009 6:42am
Another wild card coming .. ECB decision and conference ..
  • #155,719
  • Aug 6, 2009 6:43am Aug 6, 2009 6:43am
around 50 sec. - 1 minute BEFORE NEWS look the price action and make MARKET ORDER in the DIRECTION of PRICE ACTION ... and SL just 10 PIPS ... and then BOOM we have it .... most of time it WORKS .... SL just 10 pips!!!!
  • #155,720
  • Aug 6, 2009 6:44am Aug 6, 2009 6:44am
Quoting Big Wave Rider
All other majors had just a minor sell off, which means this move is over. For the time being anyways.
Big chance of a huge whipsaw in this H4 chart. Maybe D1.

Weekly open is still 100 pips below.
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