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Cable Update (GBPUSD)

  • #224,341
  • May 6, 2010 10:41am May 6, 2010 10:41am
Quoting lexazver
yeaaah seems like no love for pound at the moment.... I just added another long at 1.4922

Look At GBP/CHF O_O
welp, I hope you have a good exit plan buddy
I'm contemplating on buying as well, but I'd wait for a day or two till after the election is out of the way. It's nfp too tomorrow ..

But good luck to you
Thank You
  • #224,342
  • May 6, 2010 10:41am May 6, 2010 10:41am
http://news.bbc.co.uk/1/hi/business/10099914.stm

Seems this is taking over from the election and the threat of UK losing their credit rating!
  • #224,343
  • May 6, 2010 10:42am May 6, 2010 10:42am
Quoting marbellafx
OK Apologies
Out of order !
no biggie
Thank You
  • #224,344
  • May 6, 2010 10:43am May 6, 2010 10:43am
the queeeeeeeeeeeeeeeeeen is fooooooooooooooooooooked
  • #224,345
  • May 6, 2010 10:44am May 6, 2010 10:44am
Quoting bbakker
http://news.bbc.co.uk/1/hi/business/10099914.stm

Seems this is taking over from the election and the threat of UK losing their credit rating!
"and analysts say there is no immediate prospect of the UK's triple-A credit rating being threatened. "

mmmmmmm
  • #224,346
  • May 6, 2010 10:44am May 6, 2010 10:44am
woweeeeeeeee

meltdown
  • #224,347
  • May 6, 2010 10:44am May 6, 2010 10:44am
As expected, once the last level breaks, we gonna have a freefall.. I think this price will go to 1.47xx.. but I will only be taking at about 4850.. I think that is enough for me..

Happy pippin..
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  • #224,348
  • May 6, 2010 10:45am May 6, 2010 10:45am
Quoting kill56
the queeeeeeeeeeeeeeeeeen is fooooooooooooooooooooked

Another 300 pip day for cable, and the first exitpolls haven't even come out yet. I did say a few days ago that election days are volatile and even talked about a 500 pip day.

I got out at the 161 fib extension for the day and was definately too careful on the exit.
  • #224,349
  • May 6, 2010 10:47am May 6, 2010 10:47am
Quoting cloggie
Another 300 pip day for cable, and the first exitpolls haven't even come out yet. I did say a few days ago that election days are volatile and even talked about a 500 pip day.


still risky but sweeeeeeeeeeeeeeeeeeeeet sell the darn rallies



u are the next PM of THE CABLE
  • #224,350
  • May 6, 2010 10:49am May 6, 2010 10:49am
eur/yen, eu/usd, euro everything -- the abyss!
  • #224,351
  • May 6, 2010 10:49am May 6, 2010 10:49am
Quoting kill56


still risky but sweeeeeeeeeeeeeeeeeeeeet sell the darn rallies



u are the next PM of THE CABLE

I don't want to be greedy and got out of my shorts at a level that made sense, getting back in now is too risky.
  • #224,352
  • May 6, 2010 10:49am May 6, 2010 10:49am
Good possibility cable testing the D1 major ltl.
I am going to set a small lotsize (3usd/pip) countertrend buy po @4825 with 100 pip emergency stop.
Let's see how it goes
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Thank You
  • #224,353
  • May 6, 2010 10:50am May 6, 2010 10:50am
LMAO...This is my worst day ever in Forex....

My head has hit my keyboard....several times...

The one time...one time I tell you that I forget to put in my stop... and she does this...



All while Im studying psychology....
  • #224,354
  • May 6, 2010 10:51am May 6, 2010 10:51am
Quoting bzyqe
I think that cable now is in strong downtrend. What do you think about my graph?
I was right. See on my yesterday chart. I am near my first target

I showed it yesterday. +300 pips today
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  • #224,355
  • May 6, 2010 10:51am May 6, 2010 10:51am
Next stop 4788?
  • #224,356
  • May 6, 2010 10:52am May 6, 2010 10:52am
Look at eur/yen!!! Freefall!
  • #224,357
  • May 6, 2010 10:52am May 6, 2010 10:52am
Does Anyone know what is happening ?
  • #224,358
  • May 6, 2010 10:53am May 6, 2010 10:53am
Quoting Baby-Trader
Does Anyone know what is happening ?
Two words -- no confidence!!!!
  • #224,359
  • May 6, 2010 10:54am May 6, 2010 10:54am
Quoting Baby-Trader
Does Anyone know what is happening ?

Moody said earlier they are looking at Spain now and warned UK banks of PIIGS exposure.
  • #224,360
  • May 6, 2010 10:54am May 6, 2010 10:54am
Quoting wormboy
Good possibility cable testing the D1 major ltl.
I am going to set a small lotsize (3usd/pip) countertrend buy po @4825 with 100 pip emergency stop.
Let's see how it goes
Bro, if you want to take long, why not bet on 4785-4800? the previous low..
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