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Cable Update (GBPUSD)

  • #158,561
  • Aug 18, 2009 3:40am Aug 18, 2009 3:40am
Quoting pakitrader
Uncle sam u looking me worried dont be worried if u already taken the trade ok

Put ur stop loss and wait .
Why would I need stop loss when I closed position with profit and just waiting for another news to come out. Little by little. I don't like to hold positiong too long until I end up with no pips at all.
  • #158,562
  • Aug 18, 2009 3:41am Aug 18, 2009 3:41am
Quoting Ifty
YES YES YES. Amazing 3k for me in just 10 secs.
Superb mate! are you hungry for more or you gonna grab and run?
  • #158,563
  • Aug 18, 2009 3:43am Aug 18, 2009 3:43am
1.6430 acted as strong support on the move down and is acting as resistance now.

Whether it will hold or break I just don't know but I'm long from just before the news so I'll hold on to that until it definitely holds.
  • #158,564
  • Aug 18, 2009 3:44am Aug 18, 2009 3:44am
Quoting Bull_Bear
Hi Guys,

Shorties still in play....

The underside of that previous 4hr ascending support trend line being tested now from the underside following the breech to the downside is also the 23.6% fib of the main 7044-6272 fall.

G/L
ex member
  • #158,565
  • Aug 18, 2009 3:46am Aug 18, 2009 3:46am
Quoting joewalker123
Superb mate! are you hungry for more or you gonna grab and run?
I suffer from a disease quite often of looking at the profit and getting out ASAP. I cannot seem to snap out of it but as long as i am not losing I am happy. I can take it easy for this month now and enjoy smaller trades and see what everyone is thinking. I LOVE FF.
You've got to be IN IT to WIN IT!
  • #158,566
  • Aug 18, 2009 3:51am Aug 18, 2009 3:51am
i think the currency might rise up till 1.6470 then comes back towards south
  • #158,567
  • Aug 18, 2009 3:54am Aug 18, 2009 3:54am
Quoting bbmac
The underside of that previous 4hr ascending support trend line being tested now from the underside following the breech to the downside is also the 23.6% fib of the main 7044-6272 fall.

G/L
Yup tested agreed, broken not convincingly not yet. 2nd line of defence is the downward sloping TL, finally 1.6490 must hold to push her back below the TL. I will look to add to short on approach to 1.6490.... SL is 1.6510
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,568
  • Aug 18, 2009 3:56am Aug 18, 2009 3:56am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I held long from 6300, paid ok... target is 64800, partial exit, final exit 65500. Then short the sucker :-)
  • #158,569
  • Aug 18, 2009 4:08am Aug 18, 2009 4:08am
show me the moneyyyy
Thank You
  • #158,570
  • Aug 18, 2009 4:11am Aug 18, 2009 4:11am
Quoting wormboy
show me the moneyyyy
Banked yesterday already

Chilling on the short side still?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,571
  • Aug 18, 2009 4:11am Aug 18, 2009 4:11am
Quoting wormboy
show me the moneyyyy
What a day my God!!! Do you think we'll have a downtrend from the 6440-6450 level???
  • #158,572
  • Aug 18, 2009 4:12am Aug 18, 2009 4:12am
Stronger than expected uk cpi inflation (and zew in euro zone) have seen £ lift to 6467 current intraday hi....pairing nowe finding some resistance at the 23.6% 7044-6272 with 50% 6831-6272, also around the 4hr descending potential resistance trend line.

G/L
ex member
  • #158,573
  • Aug 18, 2009 4:14am Aug 18, 2009 4:14am
Quoting wormboy
show me the moneyyyy
no,no,no,uh,uh,uh...you gotta do it this way:

shOW ME DA moooNEEYYY!!!....lol
Hear the music before the song is over ...
  • #158,574
  • Aug 18, 2009 4:14am Aug 18, 2009 4:14am
Quoting Bull_Bear
Banked yesterday already

Chilling on the short side still?
lol yea. I made a bit yesterday.
Nursing this one right now in the -ve with stop @485.
How's your day coming bro?
Thank You
  • #158,575
  • Aug 18, 2009 4:17am Aug 18, 2009 4:17am
Quoting wormboy
show me the moneyyyy
YAYYYY AM IN NEGATIVE LOL
  • #158,576
  • Aug 18, 2009 4:17am Aug 18, 2009 4:17am
Quoting maurofx
What a day my God!!! Do you think we'll have a downtrend from the 6440-6450 level???
You mean a reversal? lol I hope so, I'm short!
But it depends on who you ask tho tbh. Ask someone who's long they'll tell you no the reversal will be at 1.8, ask someone who's short they'll tell you it'll reverse right now
Thank You
  • #158,577
  • Aug 18, 2009 4:18am Aug 18, 2009 4:18am
Quoting wormboy
lol yea. I made a bit yesterday.
Nursing this one right now in the -ve with stop @485.
How's your day coming bro?
Yup in negative too bro... have another add order sitting at 1.6485.... SL for me is 1.6510. 1.6490 must hold for continued downward action.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,578
  • Aug 18, 2009 4:19am Aug 18, 2009 4:19am
Quoting GlobalMacro
no,no,no,uh,uh,uh...you gotta do it this way:

shOW ME DA moooNEEYYY!!!....lol

okay.

shOW ME DA moooNEEYYY!!

lol.
How's it going gm, all good bro?
Thank You
  • #158,579
  • Aug 18, 2009 4:20am Aug 18, 2009 4:20am
Quoting grashid
and 1.6450 is the key for upmove.....i think..not trade just wach fo GU ..but GY am change my mine to take small long...
short?..yes i did..will hold it if H1 confirm on it..M15 give me some clue
  • #158,580
  • Aug 18, 2009 4:21am Aug 18, 2009 4:21am
Quoting GlobalMacro
no,no,no,uh,uh,uh...you gotta do it this way:

shOW ME DA moooNEEYYY!!!....lol
GM wots doin bro, where you got her going mate? You slide in with a shifty post every now and than. Did you catch the slippery dip yesterday?
Veni, Vidi, Vici (We came, we saw, we conquered)
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