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Cable Update (GBPUSD)

  • #184,141
  • Nov 20, 2009 1:27am Nov 20, 2009 1:27am
Quoting XTrade
Fibre up cable down, now turning up, what else is new! LOL

Long fibre from .4890
Took long as well cable @ .6650

Looking @ aussie,
G/L all and good night! luck @ LDN...
Till' tomorrow!

X-
I got 2 long post on cable > 1.6621 & 1.6632 , all SL @ 1.6580, all TP is open

Happy Pipping f0lks
spirit 0f pipping
  • #184,142
  • Nov 20, 2009 1:32am Nov 20, 2009 1:32am
I'm trying short
  • #184,143
  • Nov 20, 2009 1:33am Nov 20, 2009 1:33am
G'Day friends. Well woke up to find I was stopped out at 5am this moring gmt. Great start to the bloody day!
Thought I'd moved my sl far enough away to cater for night movement. Ah well we fight another day. But up or down that's the question folks. I'll wait until the dust settles and in the meantime do a bit of very careful scalping

Chum
  • #184,144
  • Nov 20, 2009 2:18am Nov 20, 2009 2:18am
Quoting Yngwie
Lets get real. now.. 1.667 become a good resistance. Any SL for sell above this 70% look safe now. Price will go as low 1.6550 or ext to 1.6500 if lucky. However 1.670 below is consider bearish for now.
Update from my previous post.. (after 4 hrs)Now price try to break 1.6600 support. Wish u guys all the best~!
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #184,145
  • Nov 20, 2009 2:26am Nov 20, 2009 2:26am
Yeah the trend is going down right now. What are you doing right now traders?
  • #184,146
  • Nov 20, 2009 2:31am Nov 20, 2009 2:31am
Quoting tundeakins
Yeah the trend is going down right now. What are you doing right now traders?
I'm a bear
  • #184,147
  • Nov 20, 2009 2:40am Nov 20, 2009 2:40am
Quoting koraman
I'm a bear
same here, have been since 17 Nov 13:00 GMT @ 1.6789 current Profit Locked @ 1.6706.

Was a bit pre-mature but it worked out

happy Pip'n All
  • #184,148
  • Nov 20, 2009 2:41am Nov 20, 2009 2:41am
Now its going down for sure, YAY!
  • #184,149
  • Nov 20, 2009 2:44am Nov 20, 2009 2:44am
Thu Nov 19, 2009 10:31am EST WASHINGTON (Reuters) - The U.S. dollar will remain the world's primary reserve currency for many years or decades, an International Monetary Fund official said on Thursday.
Spokeswoman Caroline Atkinson's comments came two days after IMF Managing Director Dominique Strauss-Kahn said the world can no longer rely on a currency issued by a single country, and a new global currency may evolve out of the IMF's in-house unit of account, known as Special Drawing Rights.
"The managing director has said ... he expects the dollar to be the leading reserve currency for many years or decades," Atkinson said at an IMF media briefing.
She said the IMF routinely looks at what is happening in the international monetary system, but was not launching any sort of formal study into how SDRs might one day replace the dollar as a global reserve currency.
"During this last financial crisis, people actually found the dollar a safe haven and preferred to move into dollar assets when risk aversion was very high," she said. "That suggests there's very solid demand, based on the U.S. economy's strength and size and liquidity of its financial markets."
The dollar's role in the world economy has been a topic of debate in recent months as its value fell against a basket of currencies. China, the largest foreign buyer of U.S. government debt, has expressed growing concern that the weakening dollar would hurt its finances.
(Reporting by Emily Kaiser, Editing by Chizu Nomiyama)
  • #184,150
  • Nov 20, 2009 3:10am Nov 20, 2009 3:10am
Done. I've got my daily 50 pips. Good luck to all!
  • #184,151
  • Nov 20, 2009 3:11am Nov 20, 2009 3:11am
And have a nice weekend!
  • #184,152
  • Nov 20, 2009 3:13am Nov 20, 2009 3:13am
Quoting GlobalMacro
Good Morning,

Price trading almost three cents above the top of late october rally

LT bias still bullish though not strong enough for my taste

Andrew Sentance is on the wires saying BOE is open-minded about more
QEP...his comments are more contradictory than hawkish....

I'll be attempting a quick swing trade here

Selling @ 1.6870
Good Morning,

The short position set @ 1.6870 on Tuesday is gaining momentum
Cable now trading at 1.6570 in favor of the position with 300 pips in profit

I Will Continue To Carry The Short Position For Now.
Attached Images
Hear the music before the song is over ...
  • #184,153
  • Nov 20, 2009 3:19am Nov 20, 2009 3:19am
Quoting egkid
Hmmmm can be my lucky day and break 1.6540 and see 1.64
Yaaaaaaaaaa
Closed 1.6570
Time to watch
  • #184,154
  • Nov 20, 2009 3:21am Nov 20, 2009 3:21am
Quoting GlobalMacro
Good Morning,

The short position set @ 1.6870 on Tuesday is gaining momentum
Cable now trading at 1.6570 in favor of the position with 300 pips in profit

I Will Continue To Carry The Short Position For Now.
Your vision is awesome. Wish I could have it but i don't. But will keep at it.
You've got to be IN IT to WIN IT!
  • #184,155
  • Nov 20, 2009 3:21am Nov 20, 2009 3:21am
Quoting GlobalMacro
Good Morning,

The short position set @ 1.6870 on Tuesday is gaining momentum
Cable now trading at 1.6570 in favor of the position with 300 pips in profit

I Will Continue To Carry The Short Position For Now.
Morning bro
I suggest to start your own thread under name "Perfect set up"
  • #184,156
  • Nov 20, 2009 3:22am Nov 20, 2009 3:22am
2 shorts hit target 1.6571 ! Watching PA at this level for next trading !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #184,157
  • Nov 20, 2009 3:24am Nov 20, 2009 3:24am
i will only go long around 1.6520 region...b4 i go long, i will observe the PA at 1.6515 region before deciding whether to enter or not...entered short on 18/11 at 1.6840 and closed my shorts for 1.6590....250 pips for 2 days..
Attached Image (click to enlarge)
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  • #184,158
  • Nov 20, 2009 3:26am Nov 20, 2009 3:26am
Quoting egkid
malcolmb
This was my view almost the same since 0.8835 and i post to you early but i think you didn't see it
http://www.forexfactory.com/showthre...18#post3239818
Still have only 1 position in play
  • #184,159
  • Nov 20, 2009 3:29am Nov 20, 2009 3:29am
Quoting navhin
i will only go long around 1.6520 region...b4 i go long, i will observe the PA at 1.6515 region before deciding whether to enter or not...entered short on 18/11 at 1.6840 and closed my shorts for 1.6590....250 pips for 2 days..
That is why u was hush hush
Naughty boy
  • #184,160
  • Nov 20, 2009 3:35am Nov 20, 2009 3:35am
Quoting egkid
That is why u was hush hush
Naughty boy
probably i could hv waited for the price to drop down to 1.6540....since i went outstation, i fixed my TP.....so that i don't lose any pips....it's ok...250 pips is a lot for me...
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