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Cable Update (GBPUSD)

  • #199,821
  • Feb 16, 2010 4:10am Feb 16, 2010 4:10am
GU has very small move on negative CPI....might go up on any excuse....
The Market pays you to be disciplined
  • #199,822
  • Feb 16, 2010 4:10am Feb 16, 2010 4:10am
Quoting caldera
+ve eur news
Bounced off the 55 ma on 1 Hr and 200 ma on 30min support
BE THE BEST YOU CAN BE AND BE IT TODAY
  • #199,823
  • Feb 16, 2010 4:13am Feb 16, 2010 4:13am
salam hi all

short ???? long ???? i will flip the coin
  • #199,824
  • Feb 16, 2010 4:14am Feb 16, 2010 4:14am
chart still looking a bit bullish lets see if the price can get below 1.5670...
  • #199,825
  • Feb 16, 2010 4:18am Feb 16, 2010 4:18am
Quoting Kyen
Hopefully you didn't pull the trigger at that level - retests of prior broken resistance tends to be a pain with that kickback that results, if not a complete follow-through. Anyway, will be holding shorts as planned and stacking on around the 56 handle with more to come if the lower levels of 55 are breached. The steam should really pick up leading into midweek...
No, I've been building & holding longs from 97, 5597.
Entries :
1. http://www.forexfactory.com/showpost...postcount=4742

lol I asked you to save your prayers to those who sold off the 63 bounce, which is the dp.
Thank You
  • #199,826
  • Feb 16, 2010 4:20am Feb 16, 2010 4:20am
Quoting Bull_Bear
Ant, Been holding since yesterday....

http://www.forexfactory.com/showpost...stcount=199640

Sentiment has not changed till now
Thanks bud,

I am running a tight stop on mine so if we can just pop down 60 - 100 pips or so it would be good for me, although she certainly seems to be running out of steam at the moment, I am looking for the shorter term trade, my broker likes to charge roll over fees of the spread so I dont like holding overnight.

Good luck with your longs!
  • #199,827
  • Feb 16, 2010 4:21am Feb 16, 2010 4:21am
was that supposed to be good news or bad news for gbpusd??? i wonder if there is some kind of intervention here...
  • #199,828
  • Feb 16, 2010 4:22am Feb 16, 2010 4:22am
Just 9 Min Till * BOE Inflation Letter *



* Never Trust To Any Indicator *
  • #199,829
  • Feb 16, 2010 4:22am Feb 16, 2010 4:22am
It seems it was pullback on GU...Anyone knows when is meeting for Greece?
The Market pays you to be disciplined
  • #199,830
  • Feb 16, 2010 4:26am Feb 16, 2010 4:26am
Quoting kyen
grab your pen and paper. Since your sentiment hasn't changed on your trade, let's track it and talk after its realized.

Here's a glimpse of the lesson: Don't get married to positions.
important lesson

marry -- enjoy her -- divorce her

 find another

 repeat
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Click to Enlarge Name: magic.gif Size: 30 KB
  • #199,831
  • Feb 16, 2010 4:26am Feb 16, 2010 4:26am
the wise man told me no trade now but if we break 15720 and h1 open a bove it we will see 200pip north . still withen the range any thing could hapen
Attached Image
  • #199,832
  • Feb 16, 2010 4:28am Feb 16, 2010 4:28am
HI from where to get inflation report kindlt update as soon as possible
  • #199,833
  • Feb 16, 2010 4:28am Feb 16, 2010 4:28am
Quoting caldera
was that supposed to be good news or bad news for gbpusd??? i wonder if there is some kind of intervention here...
Hi,
the way it works is news can be worse than expected but not actually bad, which means sentiment will not change and although we may see a short drop down, we will probably continue on up as we have been. News has to be dramatically different from expectations to actually do some damage, also it has to go with the overall direction the big boys are trading, otherwise its just a hiccup.
There seem to be a lot of I say we are going down so whats wrong with you people that arent shorting...think about it, we can all be right at the same time, depending on the timeframe you are trading, some of us are swinging others are scalping, nobody has to be wrong, and nobody has to convince anyone else they are going the wrong way! Who was it that said I dont want to be right, I just want to make money! Thats me, and Im long since last night! Good luck to all of you!!
  • #199,834
  • Feb 16, 2010 4:28am Feb 16, 2010 4:28am
Quoting Shad
Just 9 Min Till * BOE Inflation Letter *



Glad you mentioned that, last i checked it was only tentative!
  • #199,835
  • Feb 16, 2010 4:29am Feb 16, 2010 4:29am
SL 5665 can't be touched! My crystal ball says
  • #199,836
  • Feb 16, 2010 4:31am Feb 16, 2010 4:31am
is anyone reading the BOE letter?
  • #199,837
  • Feb 16, 2010 4:31am Feb 16, 2010 4:31am
In M5 will be :
Attached Image
Always looking the GREAT, never left GOOD Point...
  • #199,838
  • Feb 16, 2010 4:32am Feb 16, 2010 4:32am
Quoting Clouds
SL 5665 can't be touched! My crystal ball says

It'll Be Touched Soon So Easily !

* Never Trust To Any Indicator *
  • #199,839
  • Feb 16, 2010 4:36am Feb 16, 2010 4:36am
Quoting Shad
It'll Be Touched Soon So Easily !

Where can we find out what was said? Bloomberg dont talk about it...
  • #199,840
  • Feb 16, 2010 4:38am Feb 16, 2010 4:38am
My M5 Chart Pattern :
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-02-16_Chart M5.jpg Size: 333 KB
Always looking the GREAT, never left GOOD Point...
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