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Cable Update (GBPUSD)

  • #195,901
  • Jan 26, 2010 3:19am Jan 26, 2010 3:19am
Quoting poundforex
I don't trade this but I like to speculate a bit, I'd go for the total opposite and go for a buy, the USD is too weak to let the pound fall by any substantial amount.
I agree with you on this and I think it will move higher
  • #195,902
  • Jan 26, 2010 3:25am Jan 26, 2010 3:25am
Quoting maurofx
Source?
A guess...
  • #195,903
  • Jan 26, 2010 3:27am Jan 26, 2010 3:27am
Quoting Ctic
Hey Wormie,

Good to see you. Still haven't gotten stopped out on long here. lets see what happens, if we break the 1.6300 I may be ok, but I am still on the lookout for the break back downward.
Hi C

Good to see you too. Good luck with the trade
Thank You
  • #195,904
  • Jan 26, 2010 3:29am Jan 26, 2010 3:29am
Quoting england33
I don't think these levels will hold.. I'm shorting here 1.62.43 targeting 1.6178...
will add more shorts if higher.
3 lots closed at 162.05... holding 1 for target and then some with rolling stop of 20pips from 162.05.. this is my last tip 4 a while.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #195,905
  • Jan 26, 2010 3:29am Jan 26, 2010 3:29am
Quoting manize
Hi bro, I am still holding a new long (1.6200) ! Pin bulllish bar on H4 and stuck at WP 1.6216 !
Hi manize, how's it going

I've already cashed out my long & sold earlier.
Here's why:
1. http://www.forexfactory.com/showpost...postcount=4454

Speak soon. Crunch time. Good luck!
Thank You
  • #195,906
  • Jan 26, 2010 3:31am Jan 26, 2010 3:31am
Boom! What a drop.

Back and fill?
  • #195,907
  • Jan 26, 2010 3:33am Jan 26, 2010 3:33am
.1% GDP. lower than expected...
  • #195,908
  • Jan 26, 2010 3:33am Jan 26, 2010 3:33am
Quoting wormboy
Hi C

Good to see you too. Good luck with the trade
Stopped out, but that's ok, still had a good positive on that one.
  • #195,909
  • Jan 26, 2010 3:34am Jan 26, 2010 3:34am
I got it totally wrong on the GBPUSD side - what a drop - no wonder 0.1% might as well call it recession.
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  • #195,910
  • Jan 26, 2010 3:34am Jan 26, 2010 3:34am
Quoting Shad
There We Go !







As I Told Before Toward * 095 * !




* Never Trust To Any Indicator *
  • #195,911
  • Jan 26, 2010 3:34am Jan 26, 2010 3:34am
Quoting FXSurfer
Boom! What a drop.

Back and fill?
hard to say but i just closed all shorts after that last drop.. target achieved! edit.. it could decide to take out some more supports or rebound. could go either way. might stay congested.
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #195,912
  • Jan 26, 2010 3:34am Jan 26, 2010 3:34am
Quoting Ctic
A guess...

A bad guess...lol
  • #195,913
  • Jan 26, 2010 3:35am Jan 26, 2010 3:35am
Cool my plan worked out perfect, G/A in green and my SL kicked in at -30 pips on G/U, happy trading
  • #195,914
  • Jan 26, 2010 3:35am Jan 26, 2010 3:35am
Quoting imphotep
GU sell @6237 before news
Still in there? - must be well happy!
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  • #195,915
  • Jan 26, 2010 3:37am Jan 26, 2010 3:37am
Quoting kilalik
Cool my plan worked out perfect, G/A in green and my SL kicked in at -30 pips on G/U, happy trading
Yep, my SL locked in +79 which was -6 from the +85 I set. Not too bad. New expected target 1.5990
  • #195,916
  • Jan 26, 2010 3:38am Jan 26, 2010 3:38am
Quoting EliteFX
Next two hours are important. If hourlies close below 1.6195 then forget about any upward move before testing 1.6150

What a fluke ...

Don't tell me how much you can earn. Tell me how much you may lose..
  • #195,917
  • Jan 26, 2010 3:38am Jan 26, 2010 3:38am
Quoting Shad
As I Told Before Toward * 095 * !




sweet call! cheers
never believe your expectations, trust only your eye sight
  • #195,918
  • Jan 26, 2010 3:39am Jan 26, 2010 3:39am
Quoting imphotep
GU sell @6237 before news


close @ 6154 after news +83 pips....
  • #195,919
  • Jan 26, 2010 3:39am Jan 26, 2010 3:39am
Quoting Ctic
A bad guess...lol
Like all guesses...that's why they are often wrong, cause they ain't fundamented, it's their nature...
  • #195,920
  • Jan 26, 2010 3:39am Jan 26, 2010 3:39am
out of trades, expecting possiblity of a spike from gov King speech to support the G/U so I'm gonna go long on G/U in next 5 min and close my G/A and then open another short to protect my positions... Good luck
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