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Cable Update (GBPUSD)

  • #249,301
  • Aug 27, 2010 8:30am Aug 27, 2010 8:30am
Quoting Faryad
Wormie where is ur entry update it
Hi faryad
I sold @1.5487 & my stop is placed @1.559
Thank You
  • #249,302
  • Aug 27, 2010 8:34am Aug 27, 2010 8:34am
hi womie, whats ur target as i have placed the same trade
  • #249,303
  • Aug 27, 2010 8:39am Aug 27, 2010 8:39am
Quoting chitindu
hi womie, whats ur target as i have placed the same trade
Under the assumption that we continue down, based on movement and daily trade-able range...1.5410ish would be the target downside.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #249,304
  • Aug 27, 2010 8:42am Aug 27, 2010 8:42am
Hoping a break from this bull flag to collect some pips. Shocking how many are long without a reason.
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  • #249,305
  • Aug 27, 2010 8:43am Aug 27, 2010 8:43am
Quoting ams
So we have finally tested the level I was expecting 546xx...

Magix was also anticipating daily touch...

true direction will take place on wednesday once we have monthly payment out of it's way but hey atleast we know we can simply put a sell order for tuesday on any high's during asia may be

ta
ams
lol, so u got there in the end.
  • #249,306
  • Aug 27, 2010 8:44am Aug 27, 2010 8:44am
thank you
  • #249,307
  • Aug 27, 2010 8:44am Aug 27, 2010 8:44am
still holding my last short op..
my last op for this week..
seem i already hit weekly target
enter 5537..looking for 5450 for my tp..it also daily pivot.
sl on BE+1
Revesal Trader
  • #249,308
  • Aug 27, 2010 8:45am Aug 27, 2010 8:45am
Quoting mygoldenpips
we have bernanke speaks in few hour..
usually when he open his mouth...
USD going to be strong...
so be careful if you have long position..
usually when he speaks, things mess up.
  • #249,309
  • Aug 27, 2010 8:48am Aug 27, 2010 8:48am
Quoting Vegapunk

With that kind of news realease Ben surely gonna talk very very big

he talks crap half the time.

why doesn't he come out with the truth and say, "the US is in the shit, a double dip is a realistic possibility."
  • #249,310
  • Aug 27, 2010 8:49am Aug 27, 2010 8:49am
Quoting witsnpips
he talks crap half the time.

why doesn't he come out with the truth and say, "the US is in the shit, a double dip is a realistic possibility."

Double dip? The first one hasn't even finished yet.
  • #249,311
  • Aug 27, 2010 8:50am Aug 27, 2010 8:50am
Quoting witsnpips
usually when he speaks, things mess up.
yup...
that why i move my sl to BE+1..
just in case market not heading the way we expect
Revesal Trader
  • #249,312
  • Aug 27, 2010 8:51am Aug 27, 2010 8:51am
Quoting witsnpips
he talks crap half the time.

why doesn't he come out with the truth and say, "the US is in the shit, a double dip is a realistic possibility."
  • #249,313
  • Aug 27, 2010 8:52am Aug 27, 2010 8:52am
Quoting Magix
Under the assumption that we continue down, based on movement and daily trade-able range...1.5410ish would be the target downside.
My TP2 is at 1.5420

Let's see what happens...

Work is dead and there are only 4 (out of 14) of us in today. I might have to sneak off home early this afternoon.

Still a quick trawl through this thread brought a few smiles, especially the video of FXOxford buying cable. Nice one cloggie, even if you weren't the original finder of this masterpiece

Saying that, as a swing trader I can't fault his long entry @1.5390. It is his persistence that it will go up that brings a smile to my face, especially when he posted his h4 chart that looked to the contrary. Still his profile seems to state that he has plenty of years of experience and I am sure he has already scaled out of the long along the way to nearly touching 1.56 or am I making assumptions here and we all know what assumptions are, don't we?
  • #249,314
  • Aug 27, 2010 8:53am Aug 27, 2010 8:53am
Quoting cloggie
Double dip? The first one hasn't even finished yet.
  • #249,315
  • Aug 27, 2010 8:53am Aug 27, 2010 8:53am
Quoting mygoldenpips
yup...
that why i move my sl to BE+1..
just in case market not heading the way we expect
good shit.
  • #249,316
  • Aug 27, 2010 8:54am Aug 27, 2010 8:54am
end of week, take the money and run, im still waiting for that big drop . enjoy your weekend guys. Long Live Shorts
  • #249,317
  • Aug 27, 2010 8:56am Aug 27, 2010 8:56am
here it comes, it droping like hotcakes good job for the ones that went short, you should be up big time, good job
  • #249,318
  • Aug 27, 2010 8:59am Aug 27, 2010 8:59am
Quoting witsnpips
he talks crap half the time.

why doesn't he come out with the truth and say, "the US is in the shit, a double dip is a realistic possibility."
If he came out with the truth, the stock markets would tank and the $ would become stronger through risk aversive trading. Two things he doesn't really want in a fragile economy.
  • #249,319
  • Aug 27, 2010 9:00am Aug 27, 2010 9:00am
Quoting chitindu
hi womie, whats ur target as i have placed the same trade
Quoting Magix
Under the assumption that we continue down, based on movement and daily trade-able range...1.5410ish would be the target downside.
Yup, the monthly pvp coincides with magix's projection is the most sensible target for the day. But, let's see how london close later. I'll decide then where to take since I seldom trade with a fixed tp.
Thank You
  • #249,320
  • Aug 27, 2010 9:02am Aug 27, 2010 9:02am
Quoting bbakker
If he came out with the truth, the stock markets would tank and the $ would become stronger through risk aversive trading. Two things he doesn't really want in a fragile economy.
stocks would tank yeah, not sure abouyt $ becoming stronger.
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