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Cable Update (GBPUSD)

  • #177,261
  • Oct 18, 2009 4:18pm Oct 18, 2009 4:18pm
Quoting ahlamo
Like I said, whatever it does is fine by me. Of course I want to see that 1.57ish again but it is a big week for UK so we'll see!
king and co want the cable down and most of the mp's too hope to see cable all the way to 15300 by next week
  • #177,262
  • Oct 18, 2009 4:20pm Oct 18, 2009 4:20pm
Quoting ahlamo
Like I said, whatever it does is fine by me. Of course I want to see that 1.57ish again but it is a big week for UK so we'll see!
Whats going on in UK..?
  • #177,263
  • Oct 18, 2009 4:20pm Oct 18, 2009 4:20pm
FWIW, even on an opening bell Sunday, our support ranges start @ 1.6250, 16210, and from here....1.6120....

Gunna start with a long for the gap fill, really, Why the Eff not?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,264
  • Oct 18, 2009 4:21pm Oct 18, 2009 4:21pm
Quoting kill
salam hi all
room take alook

The Pound was on a tear last week and the price gained rapidly over 700 pips in a 3 day period. All I can say about that is wow. I wish I would have had that trade going. Well say no more. The pair has stalled and it has shown some reversal candle signals and now we are waiting to go short and what is our price target? It is greater than 700 pips away, actually the target is 1000 pips. So you can be apart of this weeks most profitable traders if the trade works in our favor.

The Eur/Usd is in a formation that is...
what u think guys
  • #177,265
  • Oct 18, 2009 4:23pm Oct 18, 2009 4:23pm
Quoting rebelheart
Whats going on in UK..?
a better economy so still down!
  • #177,266
  • Oct 18, 2009 4:25pm Oct 18, 2009 4:25pm
Definitely NOT favoring a long from here. But the GAP has me on a hold. So wait a few more hours.

Quoting kill
what u think guys
Its all in the mind.
  • #177,267
  • Oct 18, 2009 4:25pm Oct 18, 2009 4:25pm
on the oct21 bank of england minutes
  • #177,268
  • Oct 18, 2009 4:28pm Oct 18, 2009 4:28pm
Quoting ahlamo
Like I said, whatever it does is fine by me. Of course I want to see that 1.57ish again but it is a big week for UK so we'll see!

Where are U from? U must be lost... in the Trade already!? U must be very luckily or too smart.
  • #177,269
  • Oct 18, 2009 4:30pm Oct 18, 2009 4:30pm
Quoting Reznik
Where are U from? U must be lost... in the Trade already!? U must be very luckily or too smart.
what do you mean? i'm in New york. why lost or too smarT? almost 70 pip gap, it s sunday and it will fill, at least half of it...?!?!
The Sky is the Limit!
  • #177,270
  • Oct 18, 2009 4:31pm Oct 18, 2009 4:31pm
we will have news from the uk at 23.01 gmt
  • #177,271
  • Oct 18, 2009 4:34pm Oct 18, 2009 4:34pm
Quoting ahlamo
what do you mean? i'm in New york. why lost or too smarT? almost 70 pip gap, it s sunday and it will fill, at least half of it...?!?!
GAP FILL, does not mean half way.

Play the chart as you see fit, I am long right now, if we hit bottom support @ 1.6120 before closing the door, it just means that much grander of a play.

Here is one situation that is fairly reasonable to predict. The door will close, the gap will fill.

And Ahlamo, pay no mind to others questioning your trades. This can be a challenging enough game without somebody trying to make us second guess our own plays.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,272
  • Oct 18, 2009 4:38pm Oct 18, 2009 4:38pm
Quoting Magix
GAP FILL, does not mean half way.

Play the chart as you see fit, I am long right now, if we hit bottom support @ 1.6120 before closing the door, it just means that much grander of a play.

Here is one situation that is fairly reasonable to predict. The door will close, the gap will fill.

And Ahlamo, pay no mind to others questioning your trades. This can be a challenging enough game without somebody trying to make us second guess our own plays.
Thank you Magixx! I am not bothered if my trades are questioned. But through experience, i know it will fill...I learned the hard way trust me. and i am glad i went long at open good luck to you!
The Sky is the Limit!
  • #177,273
  • Oct 18, 2009 4:40pm Oct 18, 2009 4:40pm
Quoting rebelheart
Whats going on in UK..?
Wounder What's news paper says at uk?

Oct. 18 (Bloomberg) -- The U.K. economy will grow twice as fast as previously expected next year as the country pulls out of the worst recession
http://www.bloomberg.com/apps/news?p...d=avIZirPEgJSs
  • #177,274
  • Oct 18, 2009 4:41pm Oct 18, 2009 4:41pm
Quoting ahlamo
what do you mean? i'm in New york. why lost or too smarT? almost 70 pip gap, it s sunday and it will fill, at least half of it...?!?!

Did U know that the SL practically useless in over-weekend trade... And U were in. Umh?! Kudos...
  • #177,275
  • Oct 18, 2009 4:42pm Oct 18, 2009 4:42pm
Quoting ahlamo
Thank you Magixx! I am not bothered if my trades are questioned. But through experience, i know it will fill...I learned the hard way trust me. and i am glad i went long at open good luck to you!
In an open discussion, especially when you play against the general trend as the room sees, you can easily get targeted. It is in this that I find some truth to what that turvey guy is talking about, but as I don't really wanna involve myself in that conversation, I will leave it at that.

And yeah, learned it the hard way too....Exiting at absolute bottom to watch the gap fill...KICKING MYSELF, going, WTF!!!!

I think what a lot of regular forum traders should try, is giving the market a shot based solely on their own charts and fundamental abilities. I have found that, especially when learning, best lessons come from learning to do what you wanna do, instead of relying on support from others.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,276
  • Oct 18, 2009 4:45pm Oct 18, 2009 4:45pm
yey for gap fill... This will right my wrongs from last week.

*Wipes brow*
  • #177,277
  • Oct 18, 2009 4:46pm Oct 18, 2009 4:46pm
Quoting Magix
GAP FILL, does not mean half way.

Play the chart as you see fit, I am long right now, if we hit bottom support @ 1.6120 before closing the door, it just means that much grander of a play.

Here is one situation that is fairly reasonable to predict. The door will close, the gap will fill.

And Ahlamo, pay no mind to others questioning your trades. This can be a challenging enough game without somebody trying to make us second guess our own plays.


Thanks for the insight... Learnt something today. Ha!!
  • #177,278
  • Oct 18, 2009 4:46pm Oct 18, 2009 4:46pm
Quoting Reznik
<-This really is the best smilie face....GENIUS!

Read back a bit on Ahlamos plays, it might keep you from making yourself look more the fool.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #177,279
  • Oct 18, 2009 4:50pm Oct 18, 2009 4:50pm

Quoting Magix
<-This really is the best smilie face....GENIUS!

Read back a bit on Ahlamos plays, it might keep you from making yourself look more the fool.
The Sky is the Limit!
  • #177,280
  • Oct 18, 2009 4:52pm Oct 18, 2009 4:52pm
dont feed it and make me say "i told you so"

Quoting Magix
<-This really is the best smilie face....GENIUS!

Read back a bit on Ahlamos plays, it might keep you from making yourself look more the fool.
Its all in the mind.
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