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Cable Update (GBPUSD)

  • #157,561
  • Aug 13, 2009 4:55am Aug 13, 2009 4:55am
Quoting GlobalMacro
not only yesterday bro...some ppl got their hating going poetic too, maybe they should turn that talent of theirs into cash instead of hanging around hating...
poetic? lol losers.
so how's it going bro? you in any trade atm?
Thank You
  • #157,562
  • Aug 13, 2009 4:57am Aug 13, 2009 4:57am
Quoting Bull_Bear
DT how u going bro, looks like you taking her for a U turn mate.
Yes, jumped in a couple of days ago at 16480 when I saw buyers jumping in whilst falling (in post), if you know what I mean.

Unsure as to how far they want to take it, all I know is I saw strong buyers playing with price, so jumped in for the ride North.

My overall sentiment is still bearish, but I like to swing trade too. This could rise back to its starting position, or we could just drop like a stone from around this area, Sl at B/E, so free money either way.

I stay away from posting much when the market isn't moving whilst looking for a setup, sometimes after I have hit my profit targets I have to wait a few days until I see a setup. Once in the new trade, I stay away from the forum until either my SL is hit or the trade is in profit with SL to B/E. Keeps my mind focused and uncluttered from other views (some of which are excellent views BTW)

Now that the trade is safe, I can talk whilst staring at screens waiting for targets to hit......bored. Interesting to see what everyone else is thinking.

Hope you are well, hows the beer fund?
  • #157,563
  • Aug 13, 2009 4:57am Aug 13, 2009 4:57am
Quoting direct-trade
http://www.forexfactory.com/showpost...stcount=157444

Stop Loss moved to break even at 16480.

Targets:

1st 16640
2nd 16710
3rd 16794
4th 16922
5th 17048
6th 17142
dt, notice there's round bottom formation there too bro. hopefully that plays out
Thank You
  • #157,564
  • Aug 13, 2009 5:00am Aug 13, 2009 5:00am
Quoting direct-trade

Hope you are well, hows the beer fund?
Beer again! lol the lot of you ought to fly out to phuket with geppyg &
Thank You
  • #157,565
  • Aug 13, 2009 5:04am Aug 13, 2009 5:04am
Quoting direct-trade
http://www.forexfactory.com/showpost...stcount=157444

Stop Loss moved to break even at 16480.

Targets:

1st 16640
2nd 16710
3rd 16794
4th 16922
5th 17048
6th 17142

DT, if you are right, i'll call you the best of the best.

I'm still long and expecting for 1.68
If you resist at heart attack, you will be rich from trading.
  • #157,566
  • Aug 13, 2009 5:04am Aug 13, 2009 5:04am
Quoting wormboy
Beer again! lol the lot of you ought to fly out to phuket with geppyg &
wormboy i dont stay so far from phuket....
Trade with the momentum
  • #157,567
  • Aug 13, 2009 5:05am Aug 13, 2009 5:05am
Quoting wormboy
dt, notice there's round bottom formation there too bro. hopefully that plays out
I agree. Seems I was a couple of days too early and had to sit in the trade waiting for it to play out lol. Better early than late I suppose.

Summer Holidays price action, hate it. Cant wait until September when a little more normality returns (ish).

Bulls in control for now, bears sitting on sideline waiting for an opportunity.
  • #157,568
  • Aug 13, 2009 5:06am Aug 13, 2009 5:06am
Quoting Ilovefx
DT, if you are right, i'll call you the best of the best.

I'm still long and expecting for 1.68
Did you buy at 16480?
  • #157,569
  • Aug 13, 2009 5:06am Aug 13, 2009 5:06am
6600.
Here comes the bulls! ......... I mean Here comes the BOOM!

Inserted Video
Thank You
  • #157,570
  • Aug 13, 2009 5:07am Aug 13, 2009 5:07am
Quoting wormboy
poetic? lol losers.
so how's it going bro? you in any trade atm?
fine and dandy bro...
No no position, am flat now...doing my routine weekly sun-bathing and taking my beauty nap... before my butler takes delivery of the fresh off-the-press peoms (typo intended!) from sore #$$&/"@$!
maybe I could then spare a change or two to support those aspiring artists...
Hear the music before the song is over ...
  • #157,571
  • Aug 13, 2009 5:07am Aug 13, 2009 5:07am
Quoting wormboy
Beer again! lol the lot of you ought to fly out to phuket with geppyg &
I can officially take that beer off a your hands now buddy 1.6600
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,572
  • Aug 13, 2009 5:08am Aug 13, 2009 5:08am
Selling GBP/USD @ 1.6595 Stop Loss 1.6640 TP 1.6500
  • #157,573
  • Aug 13, 2009 5:09am Aug 13, 2009 5:09am
Quoting sailor68
wormboy i dont stay so far from phuket....
cool man! awesome place phuket is, absolute paradise I love bang-la road
you from thailand?
Thank You
  • #157,574
  • Aug 13, 2009 5:10am Aug 13, 2009 5:10am
Quoting Bull_Bear
I wouldn't say never bro, sometimes I drink too much and she knocks me on my arse

I selling her on the way up at two levels, posted earlier....market preparing herself for 1.6600 break.....
thats very true the word "never" doesnt come into it on forex or coming to think of it in life

oh well have a good day! chaps im off to blasted work now..
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  • #157,575
  • Aug 13, 2009 5:11am Aug 13, 2009 5:11am
Quoting UncleSam123
Selling GBP/USD @ 1.6595 Stop Loss 1.6640 TP 1.6500

So your Stop Loss is at my 1st Take Profit? Thanks
  • #157,576
  • Aug 13, 2009 5:11am Aug 13, 2009 5:11am
Quoting direct-trade

Hope you are well, hows the beer fund?
Beer fund going good bro....

I like your style and the way you think, makes alot of sense.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #157,577
  • Aug 13, 2009 5:12am Aug 13, 2009 5:12am
Quoting direct-trade
Did you buy at 16480?
Unfortunately no. I bought just when i enter to market at 1.6566 two hours ago.
If you resist at heart attack, you will be rich from trading.
  • #157,578
  • Aug 13, 2009 5:15am Aug 13, 2009 5:15am
Quoting UncleSam123
Selling GBP/USD @ 1.6595 Stop Loss 1.6640 TP 1.6500
Same with you Sold GU at 1.6595 SL at 1.6640
  • #157,579
  • Aug 13, 2009 5:16am Aug 13, 2009 5:16am
Hi all just my novice view and my thoughts but i think R3 on my pivots will get tested imo and R2 needs to hold as support before i would assume a direction, of course i have limited abilty in FX...cheers
Attached Image (click to enlarge)
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  • #157,580
  • Aug 13, 2009 5:16am Aug 13, 2009 5:16am
Core Retail Sales m/m, Retail Sales m/m, Unemployment Claims, if positive numbers come out for these news will it be good or bad for the dollar?
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