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Cable Update (GBPUSD)

  • #158,601
  • Aug 18, 2009 4:45am Aug 18, 2009 4:45am
Quoting Faryad
lol man am already right now -45 pips
I'm -41! lol.
Let's see who ends up losing bigger. Since everyday it's everyone making a kajillion pips, it's getting boring. Faryad's taking the lead now
Thank You
  • #158,602
  • Aug 18, 2009 4:48am Aug 18, 2009 4:48am
Quoting wormboy
crap, you have a po right at my stop! For my sake, I hope it doesn't get hit
I know, I was been suggestive bro .... To me 1.6490 is the last significant resistance, push her back below the TL
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,603
  • Aug 18, 2009 4:48am Aug 18, 2009 4:48am
Quoting rastapips
As the famous malaysian saying goes

Correct !! Correct !!! Correct !!

It depends from where you are looking at
vk lingam's an idiot! He never looked at a different vantage point when he was splurting shit out of his mouth!
Thank You
  • #158,604
  • Aug 18, 2009 4:48am Aug 18, 2009 4:48am
when the cable will reach to 1.6490 i am exhausted want to short .............................
  • #158,605
  • Aug 18, 2009 4:48am Aug 18, 2009 4:48am
Quoting maurofx
lmao!! I'm also short @6451 expecting for the US news around midday, that'll definitly will give us our downtrend!! But till then I hope it goes south dude!!!
lol it will
Thank You
  • #158,606
  • Aug 18, 2009 4:49am Aug 18, 2009 4:49am
Quoting wormboy
i'm -41! Lol.
Let's see who ends up losing bigger. Since everyday it's everyone making a kajillion pips, it's getting boring. Faryad's taking the lead now
lol man trophy is alwayz mine
  • #158,607
  • Aug 18, 2009 4:50am Aug 18, 2009 4:50am
Quoting Bull_Bear
Are you for real?
http://www.forexfactory.com/showpost...stcount=158595
Thank You
  • #158,608
  • Aug 18, 2009 4:51am Aug 18, 2009 4:51am
Quoting wormboy
I'm -41! lol.
Let's see who ends up losing bigger. Since everyday it's everyone making a kajillion pips, it's getting boring. Faryad's taking the lead now
Naaa...I've got you both beat. Booked -70 already this morning....
Ghost Rider - WWTBMD?
  • #158,609
  • Aug 18, 2009 4:52am Aug 18, 2009 4:52am
..take a look Gy as well..see all of you....mm...thats how big boy play ya...
  • #158,610
  • Aug 18, 2009 4:54am Aug 18, 2009 4:54am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
65500 will clear your doubts...

We will have good news from the US IMO. then trace backup, tomorrow..short may be....
I said it yesterday that news is being played now.
Thu, Fri bad US news , we saw major reaction yesterday.
Despite yesterday's good news there was still selling...and with all the hype cable going down (unless proved otherwise) being generated by the big boys. I am sceptical. Break 6550 and we will be in a 500 pip range.


Fundamentally, I see cable attracting buyers for gilts by "being cheap for a while", but it can only be done when investors see the potential in the currency going UP later, not by dragging it down too much.
Nobody would like to invest in the sinking ship (currency which might go downhill in few months), would you?
Think of those guys, who have billions. They have terms when buying gilts :-)
US does the same when they need to sell treasuries.

Anyways, we are good with charting analysis from ourselves, and second opinion from many good traders on the forum and we wouldn't mind shorting, going long , do we !!








Quoting pakitrader
I dont know why but price actions saying that it will breach 6500 area today.

Still waiting news already removed my sell limit.

Just waiting and watching

Yesterday fall could be fake breakout or bear trap as I see huge small traders sold at 6400 area.

We can see another test 1.70 area.
  • #158,611
  • Aug 18, 2009 4:54am Aug 18, 2009 4:54am
Am also short cable at 38. What make you guys so sure it will tank after the US figs. As usual, I expect them to be heavily cooked.Further both tech. and fundamentally I don't see one reason to buy cable, nonetheless,the US is buying them every day as crazy!
{Promotion Removed}
  • #158,612
  • Aug 18, 2009 4:57am Aug 18, 2009 4:57am
Quoting pakitrader
I see large buy orders here
where? Care to post your source or chart please?
Now I'm no expert, but that H1 candle does not interpret large buying to me.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.JPG Size: 60 KB
Thank You
  • #158,613
  • Aug 18, 2009 4:59am Aug 18, 2009 4:59am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
DT where are you mate??
  • #158,614
  • Aug 18, 2009 5:00am Aug 18, 2009 5:00am
Quoting albchr
Naaa...I've got you both beat. Booked -70 already this morning....
crap, chris is having a ball!
But you've booked, I have not, could still beat ya to it!
Thank You
  • #158,615
  • Edited 5:20am Aug 18, 2009 5:00am | Edited 5:20am
I've established short position around 1.6459 on the retest of the lower side of the previous, now abandoned congestion zone...
Attached Image
Hear the music before the song is over ...
  • #158,616
  • Aug 18, 2009 5:04am Aug 18, 2009 5:04am
Quoting Bull_Bear
I know, I was been suggestive bro .... To me 1.6490 is the last significant resistance, push her back below the TL
You think it is going so "high". Would be a mistake if i go and sell now?

Too late, already entered at 1.645 SL at 1.652 tp 1.618

Now waiting......
I am back. Actually, I never left...
  • #158,617
  • Aug 18, 2009 5:06am Aug 18, 2009 5:06am
Hey all,New in here and can see that all are a bit tensed (ubless you dont wanna confess).My name is Tope,they call me Mr handsome,you can judge by m pic! Take a look and relax!

I am proud of who i am!
Attached Image
  • #158,618
  • Aug 18, 2009 5:09am Aug 18, 2009 5:09am
Quoting wormboy
crap, chris is having a ball!
But you've booked, I have not, could still beat ya to it!
LOL...well I certainly hope not buddy. I'd like to see you make some cash and at least I'm winning at losing as of now...
Ghost Rider - WWTBMD?
  • #158,619
  • Aug 18, 2009 5:12am Aug 18, 2009 5:12am
Quoting taragula
You think it is going so "high". Would be a mistake if i go and sell now?

Too late, already entered at 1.645 SL at 1.652 tp 1.618

Now waiting......
My tolerance for short is above 1.6510.... she's gonna need and BULL-DOZER to take that.

If you have not entered, I would place my entry closer the top, but thats me. I'm already holding a losing position, will add 1 more lot at the top, max is 2 only, for me.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #158,620
  • Aug 18, 2009 5:13am Aug 18, 2009 5:13am
welcome handsome
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