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Cable Update (GBPUSD)

  • #186,721
  • Dec 9, 2009 5:05am Dec 9, 2009 5:05am
Quoting GlobalMacro
With my style of trading it's enough if I do couple of trades a month, that's why I don't post much...

It seems that the market has already worked out yesterday's Moody's story and has regained a little bit of confidence in Darling's pre-budget...will find out in just over 1.5 hours time...

for now it looks pretty good tho....

All The Best To You Too, my friend!
Just like me.. i trade for a living actually.. but its enough for me to trade a couple in a month. i trade with confiddence only just like today, already buy from 1.6170 and already hit my tp at 1.6300. and it's enough for begining of december.
Never look for past.. always beyond the boundary
  • #186,722
  • Dec 9, 2009 5:06am Dec 9, 2009 5:06am
I know it's hindsight now but anybody else think about buying at 1.618 -

only THE most important number in the universe!!!
Even A Blind Pig Finds An Acorn Once In Awhile
  • #186,723
  • Dec 9, 2009 5:06am Dec 9, 2009 5:06am
Quoting AlexanderSV
Mate,
I think you did
lol a bit thick aren't you.

Check the post again:
1. http://www.forexfactory.com/showpost...stcount=186690

I believe that's not my name.

Quoting AlexanderSV
After upmove I think D1 will end up in a hummer, and my preference still more to the selling side. As I said before, both of people holding longs and shorts will eventually win if SL is wide enough. Currently market can go either way and I don't think there are much higher odds for going long now. I still believe in weak pound, but we will see if this will be changed later today. I think now pound is too much sensitive to good or bad news and thus I'm not relying too much upon technical analysis.
Recent broken support line makes me feel downtrend...
Fair enough.
You didn't think about higher odds in longs 10 hours ago when it was over 100 pips lower.
The setup I took 10 hours ago:
1. http://www.forexfactory.com/showpost...stcount=186594

That didn't have short written on it. Might I trouble you to illustrate what you see on your chart for short?
Thank You
  • #186,724
  • Dec 9, 2009 5:10am Dec 9, 2009 5:10am
Quoting wormboy
lol a bit thick aren't you.

Check the post again:
1. http://www.forexfactory.com/showpost...stcount=186690

I believe that's not my name.
That's funny, Azim.
  • #186,725
  • Dec 9, 2009 5:15am Dec 9, 2009 5:15am
Quoting wormboy
lol a bit thick aren't you.

Check the post again:
1. http://www.forexfactory.com/showpost...stcount=186690

I believe that's not my name.
sorry my friend. I prefer to leave all this alone. Happy trading to you!
  • #186,726
  • Dec 9, 2009 5:32am Dec 9, 2009 5:32am
Quoting grashid
I dunno that my blog got very attractive and publish world wide by google in less than a week. If u dont like just block it.. that it. Simple. Why making n nasty post to me here...mmm...interesting right...

Its just for aother people who wanna see and become my peer. That it. You dont like..then ....

Why i need to appologize to you as Am not doing anything wrong nor sending any scamming email to all of u. I just use a material who able to promote my blog. That it..if u got it and u dont like it..just ignore it...its so difficult or harm of doing...
Be Cool~! Good luck with your blog bro.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #186,727
  • Dec 9, 2009 5:35am Dec 9, 2009 5:35am
Quoting gammase1
That's funny, Azim.
paul

how's it going? I hope everything is great for you!
Thank You
  • #186,728
  • Dec 9, 2009 5:36am Dec 9, 2009 5:36am
Quoting AlexanderSV
sorry my friend. I prefer to leave all this alone. Happy trading to you!
ok. good luck to you too
Thank You
  • #186,729
  • Dec 9, 2009 5:40am Dec 9, 2009 5:40am
Quoting wormboy
paul

how's it going? I hope everything is great for you!
It's going very slowly for me, Azim. I'm taking it easy for the rest of 2009.

I've struggled to extract anything from these markets in the past couple of weeks, so I've markedly cut down on the amount, and size, of positions taken.

Roll on 2010....
  • #186,730
  • Dec 9, 2009 5:45am Dec 9, 2009 5:45am
Quoting Yngwie
Sold 1.6310 SL 1.6325
Loss -15 pips

New entry --> Long 1.6320 SL 1.6300
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #186,731
  • Dec 9, 2009 5:52am Dec 9, 2009 5:52am
I have a pending buy limit at 1.63100 SL at 1.62950
We are the TREND. Resistance is futile...
  • #186,732
  • Dec 9, 2009 5:54am Dec 9, 2009 5:54am
Anyone else on the short train? Seems like everyone's buying tickets going north
  • #186,733
  • Dec 9, 2009 5:55am Dec 9, 2009 5:55am
Down?
  • #186,734
  • Dec 9, 2009 5:58am Dec 9, 2009 5:58am
Quoting Kyen
Anyone else on the short train? Seems like everyone's buying tickets going north
I was, but the train ain't movin nowhere, so I liquid my position with 9 pips in the bank.
  • #186,735
  • Dec 9, 2009 6:00am Dec 9, 2009 6:00am
Quoting GlobalMacro
With my style of trading it's enough if I do couple of trades a month, that's why I don't post much...

It seems that the market has already worked out yesterday's Moody's story and has regained a little bit of confidence in Darling's pre-budget...will find out in just over 1.5 hours time...

for now it looks pretty good tho....

All The Best To You Too, my friend!
hiii GlobalMacro what about the direction now (long or short)
  • #186,736
  • Dec 9, 2009 6:14am Dec 9, 2009 6:14am
Quoting Jemmy
i am with you..short 6330..SL 6350..
6330 is strong...but my pending sell was hit..then 1 minute after that my SL got eaten..loss -20pips..
Patience + Discipline =
  • #186,737
  • Dec 9, 2009 6:16am Dec 9, 2009 6:16am
6338 is a strong resistence
  • #186,738
  • Dec 9, 2009 6:20am Dec 9, 2009 6:20am
Quoting wormboy

That didn't have short written on it. Might I trouble you to illustrate what you see on your chart for short?
At the moment this is my disposition based on H/S classic pattern and general fundamentals on sterling. If price will stay above 1.6325 and advance further up, I'll consider a long trade. If it'll move back below this level to the south then I will prefer to sell.
http://s58.radikal.ru/i159/0912/bc/518c0b957f60.jpg
  • #186,739
  • Dec 9, 2009 6:22am Dec 9, 2009 6:22am
i dont think it will go north... it just an upside correction testing 6312-6330... we will see the bearish trend soon... about 1-2 hr from now...
  • #186,740
  • Dec 9, 2009 6:27am Dec 9, 2009 6:27am
sell sell sell
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