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Cable Update (GBPUSD)

  • #183,261
  • Nov 17, 2009 1:59am Nov 17, 2009 1:59am
see we go in a few here/still holding shorts
  • #183,262
  • Nov 17, 2009 2:04am Nov 17, 2009 2:04am
Quoting Fly2
I'm throwing a short/I took a short at 857
Where is your target and stop loss?

Thx
  • #183,263
  • Nov 17, 2009 2:07am Nov 17, 2009 2:07am
Quoting Magix
Last week, most people still had me on ignore....

Buwahahahahhah
lol
  • #183,264
  • Nov 17, 2009 2:11am Nov 17, 2009 2:11am
Well guys...

My eyes are buggin...

Time for a nappy...

Trade well!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #183,265
  • Nov 17, 2009 2:12am Nov 17, 2009 2:12am
Just for interest. Bin looking at correalation between JPY and GBP. Seems when there is a major upswing in GBP around 6 hours later there is a corresponding downswing in JPY. Only looked at the last week or so, but if that trend continues for those who trade JPY might be a useful confirmation indicator. Don't blame me if your trade goes tits up tho.
  • #183,266
  • Nov 17, 2009 2:16am Nov 17, 2009 2:16am
Quoting newnew
Where is your target and stop loss?

Thx
I would like to see 6700 area. but with the news out in a little over an hour just taking what it gives me/if it does anyway
  • #183,267
  • Nov 17, 2009 2:17am Nov 17, 2009 2:17am
Still trading in the channel

Attached Image (click to enlarge)
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  • #183,268
  • Edited 2:24am Nov 17, 2009 2:23am | Edited 2:24am
As far as I am concerned this is the typical LDN sell off only to continue trend at a better rate. Traders took profit before in anticipation of the LDN selloff.
(USD did turn up a bit t00.)

NO, this is not "always" valid. However seems all too easy tonight...
We'll see... I expect some retracement. Don't be intimidated...

Still testing theory.

On that note. EAM or MAE all,
Strategy/Rules and Luck be with you.
NITE,
X-
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #183,269
  • Nov 17, 2009 2:31am Nov 17, 2009 2:31am
adding a short
  • #183,270
  • Nov 17, 2009 2:39am Nov 17, 2009 2:39am
Quoting Fly2
adding a short


hmm >
  • #183,271
  • Nov 17, 2009 2:43am Nov 17, 2009 2:43am
Quoting mcfx
hmm >
I'm already in the + with nothing to lose so an add won't hurt me /who knows where this is going in 45 minutes
  • #183,272
  • Nov 17, 2009 2:47am Nov 17, 2009 2:47am
Possibly minor correction 682 ish then upwards. I'd be hesitant to short at this time. Mind you I'm a chicken
  • #183,273
  • Nov 17, 2009 2:55am Nov 17, 2009 2:55am
really testing that M3 line--16842 on the 15 min
  • #183,274
  • Nov 17, 2009 2:58am Nov 17, 2009 2:58am
would like to buy but not from here
When life gives you lemons, make lemonade
  • #183,275
  • Nov 17, 2009 3:13am Nov 17, 2009 3:13am
well I'm hangin in there so far
  • #183,276
  • Nov 17, 2009 3:15am Nov 17, 2009 3:15am
Quoting Fly2
well I'm hangin in there so far
  • #183,277
  • Nov 17, 2009 3:18am Nov 17, 2009 3:18am
Quoting Chumbawunga
news coming out soon so be careful-closed most of my positions.Still going short with a small position./gonna find out
  • #183,278
  • Nov 17, 2009 3:33am Nov 17, 2009 3:33am
too ez if it goes south

too early to go south

needs a higher hi before it goes south

  • #183,279
  • Nov 17, 2009 3:35am Nov 17, 2009 3:35am
Looks like pound going for R1:69093. And overall high of 70416
A. Finesse Williams Making Millions One Pip At A Time!
  • #183,280
  • Nov 17, 2009 3:35am Nov 17, 2009 3:35am
approaching yesterdays high 876--1 hr chart
334 traders viewing now, 1 is registered:
Fishbones