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Cable Update (GBPUSD)

  • #254,941
  • Sep 22, 2010 3:20am Sep 22, 2010 3:20am
Quoting Sunsi
Think the MPC will have big impact?

Don't know. I try not to have an open position when any news comes in. Pretty conservative trader.
  • #254,942
  • Sep 22, 2010 3:25am Sep 22, 2010 3:25am
Quoting pipsbull
Talking about TP. I have mine at 1.578 and 1.582 due to the top of the channel. Pound loves to put itself in tunnel.
Draw a TL from 17/11/09 - 8/7/10.

Gotta run...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #254,943
  • Sep 22, 2010 3:25am Sep 22, 2010 3:25am
From Daily FX

The release of minutes from the last Bank of England monetary policy meeting headlines the economic calendar, though the likelihood of a material shift in the established outlook seems unlikely. The BOE has argued for some time that the recent upswing in prices owes to temporary factors, with inflation set to fall back below 2 percent by 2012. Given such a long time frame, Mervyn King and company are surely going nowhere fast despite a promise to shift policy “in either direction” as needed, a statement likely directed at the domestic audience amid jitters about the fallout from the government’s austerity program. Indeed, a Credit Suisse gauge of rate hike expectations points to a static monetary policy for the coming year.
  • #254,944
  • Sep 22, 2010 3:26am Sep 22, 2010 3:26am
Quoting iqyu5an
did you trade based on others ? wake and grow up !!!!

dont always ask your mama for milk....
I reply you out of boredom. I trade what I see on my chart but don't think here should be where people post trash. Here ought to be where reasonable people exchange ideas backed by reason, not mere fancy. But here I go wrong again "ought" is not always "is".

As for asking mama for milk, yes I still do. It's my mama and not yours I have asked for 7 years now and won't stop just like that

Holla@!
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #254,945
  • Sep 22, 2010 3:29am Sep 22, 2010 3:29am
Quoting Bull_Bear
Grass man, how are you buddy?

I suppose you ridng her too
sup q..catch u all in a bit..need to flex to work..have a good one bro..i see u late for yoga
  • #254,946
  • Sep 22, 2010 3:30am Sep 22, 2010 3:30am
long@15665
  • #254,947
  • Sep 22, 2010 3:32am Sep 22, 2010 3:32am
Quoting chazzle
long@15665
2nd position 15650
  • #254,948
  • Sep 22, 2010 3:32am Sep 22, 2010 3:32am
Quoting Precap2
There is never a dearth of free advice here, even though the pro adviser never follows his own advice cos *AFRAID** They all bore me.
Someone said he already adjusted his TP to 1.58 ask him why and he doesn't know, ask him to show you chart he actually has a trade. . .hmmm to the winds Whatta thread. Free useless advice everywhere.

Good morning gents and babes.

Precap2
have u ever considered..that perhaps people will advice on direction..but dont really want to expose there system as they believe it is there edge..therefore dont want to go in details

think outside the box..as appossed to have a narrow minded view...
  • #254,949
  • Sep 22, 2010 3:35am Sep 22, 2010 3:35am
Quoting chazzle
2nd position 15650
brother what you mean the long trend 1st and 2nd position.
  • #254,950
  • Sep 22, 2010 3:36am Sep 22, 2010 3:36am


Quoting nAVIN2007
have u ever considered..that perhaps people will advice on direction..but dont really want to expose there system as they believe it is there edge..therefore dont want to go in details

think outside the box..as appossed to have a narrow minded view...
not euphoria follower
  • #254,951
  • Sep 22, 2010 3:37am Sep 22, 2010 3:37am
Could anyone explain why the GBP now are dropping pretty fast?
When the voting was as expected.
I am in short. But that are for other reasons.
Would love a great explination.
  • #254,952
  • Sep 22, 2010 3:38am Sep 22, 2010 3:38am
Quoting chazzle
2nd position 15650
3rd@15630 av now 15650
  • #254,953
  • Sep 22, 2010 3:39am Sep 22, 2010 3:39am
Quoting chazzle
3rd@15630 av now 15650
Why are you adding longs now?
Just asking
  • #254,954
  • Sep 22, 2010 3:40am Sep 22, 2010 3:40am
bought a small first position at 1.5630, sl at 15545, tp open
will ad a second position if we go lower
  • #254,955
  • Sep 22, 2010 3:42am Sep 22, 2010 3:42am
Didn`t catch the train... will start buying from 5609 (50fibo) and main position at DP(1,5584) which is 61,8 fibo of yesterday move... looking for 1,5950 at final target...Sl at 5535 (under upward TL )
  • #254,956
  • Sep 22, 2010 3:43am Sep 22, 2010 3:43am
Quoting Sunsi
Why are you adding longs now?
Just asking
I rarely expect to take just one position-I am flexible and let a 5 minute "scalp" turn into a short term position trade if it goes that way-we're bullish above 200ema 15m imo
  • #254,957
  • Sep 22, 2010 3:46am Sep 22, 2010 3:46am
Quoting dag777
bought a small first position at 1.5630, sl at 15545, tp open
will ad a second position if we go lower
me too at same position. Seems like a stop hunt but could be wrong.
  • #254,958
  • Sep 22, 2010 3:48am Sep 22, 2010 3:48am
Quoting Sunsi
Could anyone explain why the GBP now are dropping pretty fast?
When the voting was as expected.
I am in short. But that are for other reasons.
Would love a great explination.

Look at GBPJPY 1H, for example:
Ressitance at 133.40, yesterday 2 very big red candels and since than many candles took to reach the same level with a red candle at the end, seems like sellers rules, shorted 132.77 and took my 40 pips.

GBPUSD - also reached a ressitance level with a long wick candle, couldn't break it and fell down.

Price action!!!
  • #254,959
  • Sep 22, 2010 3:48am Sep 22, 2010 3:48am
Committee will have to resort to another tranche of QE in the near future – perhaps a further £50bn or so when the fiscal squeeze really kicks in at the start of next year.
________________________________ Errare humanum est
  • #254,960
  • Sep 22, 2010 3:48am Sep 22, 2010 3:48am
Quoting iqyu5an
did you trade based on others ? wake and grow up !!!!

dont always ask your mama for milk....
Santai bro..
put him on your iggy list.
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