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Cable Update (GBPUSD)

  • #253,581
  • Sep 16, 2010 3:51am Sep 16, 2010 3:51am
Quoting pawpaw1000
yeah closed most but greed got most of me and I added another at 5580 thinking we will shoot even more but closed all now. Will enter again at bottom...

Damn you scaring me , you remind me when i was 2-3 years after blowed many account, i started make profits constantley good job keep it this way
  • #253,582
  • Sep 16, 2010 3:52am Sep 16, 2010 3:52am
Too funny,

U.K. August retail sales fall 0.5%

and you guys are long GBP/USD. Makes sense.

So, actually the personal income of UK households will rise in the next couple of month ? I must have missed the wage rise announcement by Her Majesty.
________________________________ Errare humanum est
  • #253,583
  • Sep 16, 2010 3:52am Sep 16, 2010 3:52am
Quoting pawpaw1000
yeah closed most but greed got most of me and I added another at 5580 thinking we will shoot even more but closed all now. Will enter again at bottom...
might as well sell this first
  • #253,584
  • Sep 16, 2010 3:53am Sep 16, 2010 3:53am
Quoting dil
Damn you scaring me , you remind me when i was 2-3 years after blowed many account, i started make profits constantley good job keep it this way
just got in again... Dollar tanking and I still believe we going up... add to that the fact that the news got bought into BIG time...

EDIT: watch fibre go!
@pawpaw1000 on Twitter
  • #253,585
  • Sep 16, 2010 3:57am Sep 16, 2010 3:57am
Quoting MisterTrader
Too funny,

U.K. August retail sales fall 0.5%

and you guys are long GBP/USD. Makes sense.

So, actually the personal income of UK households will rise in the next couple of month ? I must have missed the wage rise announcement by Her Majesty.

i think u should think about what u wrote..one day u will thank me
  • #253,586
  • Sep 16, 2010 3:58am Sep 16, 2010 3:58am
Quoting pawpaw1000
just got in again... Dollar tanking and I still believe we going up... add to that the fact that the news got bought into BIG time...

EDIT: watch fibre go!
i got intresting chart for you
Attached Image (click to enlarge)
Click to Enlarge Name: chartelis1.gif Size: 29 KB
  • #253,587
  • Sep 16, 2010 4:04am Sep 16, 2010 4:04am
Quoting nAVIN2007
i think u should think about what u wrote..one day u will thank me
Specify "one day". Tomorrow, 2 weeks, 3 month ?

What´s your recommendation : long GBP/USD ? Target ?

Thanks
________________________________ Errare humanum est
  • #253,588
  • Sep 16, 2010 4:05am Sep 16, 2010 4:05am
Damm... got a slippage from my two longs...

anyway I am long again from 5590 (broker stil recote me)...
the retail sales has fell, but for first time from january... awaiting big upmove if price will come to 5612-30 region
  • #253,589
  • Sep 16, 2010 4:05am Sep 16, 2010 4:05am
Quoting fxghost
I am waiting for reversal signs at 1.5500 level. Still have to see bears being exhausted. Kind of conservative position.
Think this might be a loooooooong wait.

I got in on the reversal @ 5542 and she's now going back up..
  • #253,590
  • Sep 16, 2010 4:07am Sep 16, 2010 4:07am
Quoting dil
i got intresting chart for you
even better:

EDIT: top line could be a little higher... Just added to long. S&P 500 also starting to go up...
Attached Image (click to enlarge)
Click to Enlarge Name: tradeg.gif Size: 52 KB
@pawpaw1000 on Twitter
  • #253,591
  • Sep 16, 2010 4:09am Sep 16, 2010 4:09am
Quoting pawpaw1000
even better:

EDIT: top line could be a little higher... Just added to long.
Hahaha damn you learning , you will be better than me thats sad :// ,, but i dont use small tf like 15 5 or 30 , only h1 so no points for you haha
  • #253,592
  • Sep 16, 2010 4:10am Sep 16, 2010 4:10am
Quoting MisterTrader
Specify "one day". Tomorrow, 2 weeks, 3 month ?

What´s your recommendation : long GBP/USD ? Target ?

Thanks
can not predict time but 1.6 is on..

1.58- 1.580 by next week if i had to forecast (not a trade call..just fun)

the reason we went down was diverence..everything is priced in the chart..
  • #253,593
  • Sep 16, 2010 4:11am Sep 16, 2010 4:11am
gap is close, we go down...

sell 1.5607
  • #253,594
  • Sep 16, 2010 4:12am Sep 16, 2010 4:12am
Quoting nAVIN2007
can not predict time but 1.6 is on..

1.58- 1.580 by next week if i had to forecast (not a trade call..just fun)

the reason we went down was diverence..everything is priced in the chart..
agree

Ub
  • #253,595
  • Sep 16, 2010 4:13am Sep 16, 2010 4:13am
Quoting dil
Hahaha damn you learning , you will be better than me thats sad :// ,, but i dont use small tf like 15 5 or 30 , only h1 so no points for you haha
In that case, try this on for size... Looks even Better!
Attached Image (click to enlarge)
Click to Enlarge Name: tradeg.gif Size: 55 KB
@pawpaw1000 on Twitter
  • #253,596
  • Sep 16, 2010 4:16am Sep 16, 2010 4:16am
Quoting pawpaw1000
In that case, try this on for size... Looks even Better!
you use demo for trading ? wt*f
  • #253,597
  • Sep 16, 2010 4:17am Sep 16, 2010 4:17am
100% agreed...
Besides... if the dollar have to strengten to 1.2 and bellow (in comming weeks/months), first there must be a hill from which will be nice fall

Daily chart and 4H chart support upmove...

Quoting nAVIN2007
can not predict time but 1.6 is on..

1.58- 1.580 by next week if i had to forecast (not a trade call..just fun)

the reason we went down was diverence..everything is priced in the chart..
  • #253,598
  • Sep 16, 2010 4:17am Sep 16, 2010 4:17am
Quoting dil
you use demo for trading ? wt*f
nah, charting... I trade micro on fxcm tradestation but prefer to do my analysis through metatrader...
@pawpaw1000 on Twitter
  • #253,599
  • Sep 16, 2010 4:18am Sep 16, 2010 4:18am
Quoting nAVIN2007
can not predict time but 1.6 is on..

1.58- 1.580 by next week if i had to forecast (not a trade call..just fun)

the reason we went down was diverence..everything is priced in the chart..
Thanks for your response.
________________________________ Errare humanum est
  • #253,600
  • Sep 16, 2010 4:18am Sep 16, 2010 4:18am
Quoting ubaidahsan
agree

Ub



reason price fell was bearish diverence ..the news just triggered it
Attached Image (click to enlarge)
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