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Cable Update (GBPUSD)

  • #186,801
  • Dec 9, 2009 10:04am Dec 9, 2009 10:04am
wat a fcukn move! G/u is drunk
never run after pips, let pips just come to you
  • #186,802
  • Dec 9, 2009 10:15am Dec 9, 2009 10:15am
I've booked ticket @6155 with SL=6205..but not sure the train will depart today..
Patience + Discipline =
  • #186,803
  • Dec 9, 2009 10:15am Dec 9, 2009 10:15am
Quoting atanabe
wat a fcukn move! G/u is drunk
all was right gu stopped at support which was almost at earlier hourly close and was a bit oversold, got small long at 6218 with very tight sl. if it won't go down now we could be for a climb up to see 6330
  • #186,804
  • Dec 9, 2009 10:20am Dec 9, 2009 10:20am
We will see it, everything its posible even go to 1,7
  • #186,805
  • Dec 9, 2009 10:22am Dec 9, 2009 10:22am
The chart tells me that next station will be @1.5988 which is the 161% FIB from the last swing up from 1.6268 to 1.6719.
  • #186,806
  • Dec 9, 2009 10:28am Dec 9, 2009 10:28am
I see billionnaires laughting with their whisky speculating with the currency when we (small) are struggling to find out the direction, and trying not to blout our account!
life is bitter tonigth.
never run after pips, let pips just come to you
  • #186,807
  • Dec 9, 2009 10:29am Dec 9, 2009 10:29am
Quoting Yngwie
Loss -15 pips

New entry --> Long 1.6320 SL 1.6300

Loss -20 pips

New Entry --> short 1.6233 SL 1.6260
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #186,808
  • Dec 9, 2009 10:33am Dec 9, 2009 10:33am
Quoting Baby-Trader
The chart tells me that next station will be @1.5988 which is the 161% FIB from the last swing up from 1.6268 to 1.6719.
you might be right!!! lets see...
never run after pips, let pips just come to you
  • #186,809
  • Dec 9, 2009 10:34am Dec 9, 2009 10:34am
Quoting atanabe
I see billionnaires laughting with their whisky speculating with the currency when we (small) are struggling to find out the direction, and trying not to blout our account!
life is bitter tonigth.
Yes this is forex for lite traders.
  • #186,810
  • Dec 9, 2009 10:44am Dec 9, 2009 10:44am
it is better to stay away from the market today...
  • #186,811
  • Dec 9, 2009 10:51am Dec 9, 2009 10:51am
We could be having a bottom here ??????????????

Took a long anyway .
Attached Image (click to enlarge)
Click to Enlarge Name: gbp bottom.gif Size: 24 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,812
  • Dec 9, 2009 10:58am Dec 9, 2009 10:58am
Yes Samdami - this may be a reversal and a run upwards to tomorrows UK Cash Rate announcement.
  • #186,813
  • Dec 9, 2009 11:03am Dec 9, 2009 11:03am
Quoting bucko
Yes Samdami - this may be a reversal and a run upwards to tomorrows UK Cash Rate announcement.
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #186,814
  • Dec 9, 2009 11:14am Dec 9, 2009 11:14am
How big is the chance to hit 1,6300 today or tommorow??
  • #186,815
  • Dec 9, 2009 11:21am Dec 9, 2009 11:21am
Quoting yorkie
How big is the chance to hit 1,6300 today or tommorow??
The glorious dollar is where the future is:

The American economy will outstrip the rest of the world in 2010 and the fiscal and trade deficits will not only disappear but reverse

Europe as a whole and Gb in particular will fade away to third world status

Iraq/Afghanistan will be tamed and Iran will give in

The future is clear

Long the dollar or be swept away by the white heat of President Obama's new America

I have to go and lay down now....
  • #186,816
  • Dec 9, 2009 11:29am Dec 9, 2009 11:29am
Quoting allserene
The glorious dollar is where the future is:

The American economy will outstrip the rest of the world in 2010 and the fiscal and trade deficits will not only disappear but reverse

Europe as a whole and Gb in particular will fade away to third world status

Iraq/Afghanistan will be tamed and Iran will give in

The future is clear

Long the dollar or be swept away by the white heat of President Obama's new America

I have to go and lay down now....
PRAISE BE OBAMA!
  • #186,817
  • Dec 9, 2009 11:54am Dec 9, 2009 11:54am
Quoting maxss280
I went short at 1.6211 with a SL 1.6275 and a TP 1.6111. If my SL or TP not hit by end of NY session I will close. I will am also looking to add to this position if it pulls back to the 61.8 fib line 1.6245.

Time to see if the NY session bites me again

GL
Closed for a profit of 53pips. Was getting sick of the ranging chart lol. Up....Down......Up......Down.....Up.....Down

GL all
  • #186,818
  • Dec 9, 2009 12:12pm Dec 9, 2009 12:12pm
Patience + Discipline =
  • #186,819
  • Dec 9, 2009 12:14pm Dec 9, 2009 12:14pm
I'm long 1,6201 TP 1,63 SL 1,6150 We will see.
  • #186,820
  • Dec 9, 2009 12:37pm Dec 9, 2009 12:37pm
:nerd:1.6191 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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