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Cable Update (GBPUSD)

  • #270,321
  • Jan 28, 2011 6:18am Jan 28, 2011 6:18am
Off topic -

there is a possible long building on EJ - if anyone is interested.

I'm taking it

Regards
  • #270,322
  • Jan 28, 2011 6:19am Jan 28, 2011 6:19am
Quoting TauTrader
Good day,

Whilst EU is taking more and more drugs just to stay alive, ( I am slowly starting to build shorts towards 1.3250) GU is rocking and rolling. Seasick. Waiting to short this marther. Would love to see this move to 1.5937 area...

Regards
hope you didnt pull the trigger yet my good friend
  • #270,323
  • Jan 28, 2011 6:21am Jan 28, 2011 6:21am
Quoting digger1
hope you didnt pull the trigger yet my good friend
Good day to you,

Entry @ 1.5955

Will cut @ 1.5991

regards and all the best

PS- good to see you back
  • #270,324
  • Jan 28, 2011 6:22am Jan 28, 2011 6:22am
Quoting TauTrader
Off topic -

there is a possible long building on EJ - if anyone is interested.

I'm taking it

Regards
certainly... TauTrader

im in advance.. its already..

take a look
http://www.forexfactory.com/showpost...postcount=3942
  • #270,325
  • Jan 28, 2011 6:25am Jan 28, 2011 6:25am
Quoting smilemiz
certainly... TauTrader

im in advance.. its already..

take a look
http://www.forexfactory.com/showpost...postcount=3942
Well, well, well

Smart cookie you are. Very well done!

All the best! ( nogal pretty too)
  • #270,326
  • Jan 28, 2011 6:27am Jan 28, 2011 6:27am
Quoting TauTrader
Off topic -

there is a possible long building on EJ - if anyone is interested.

I'm taking it

Regards

carefull euro loosing strength against yen,pound,chf,nzd etc etc. check fx crosses against euro dude there is smthng weird euro loosing strength.
  • #270,327
  • Jan 28, 2011 6:29am Jan 28, 2011 6:29am
Treasury Secretary Timothy F. Geithner said the U.S. economic expansion is still too weak to slash unemployment or a budget deficit headed for $1.5 trillion.
“There’s much more confidence now that we’ve got a sustainable expansion,” Geithner told the World Economic Forum’s annual meeting in Davos, Switzerland. “It’s not a boom. It’s not an expansion that’s going to offer a rapid decline in unemployment.”

In an hour-long interview with broadcaster Charlie Rose, he said that while the budget deficit is “unsustainable,” it would be a mistake to threaten the recovery by cutting the shortfall prematurely. He also said pressure on U.S. state budgets is “diminishing not intensifying” and that he’ll soon outline a plan for the future of U.S.-owned mortgage companies.





Im guessing this is the cause of this move.
  • #270,328
  • Edited 6:33am Jan 28, 2011 6:31am | Edited 6:33am
Quoting letscry
carefull euro loosing strength against yen,pound,chf,nzd etc etc. check fx crosses against euro dude there is smthng weird euro loosing strength.
Taken note - thank you

Entered @ 112.81... cut at 112.37

Target @ 113.72

Will see how she goes

Thanks again

Regards
  • #270,329
  • Jan 28, 2011 6:32am Jan 28, 2011 6:32am
Quoting pilotui
Maybe this has something to do with it...

geitner speaks

Oh yeah...grashid......

Aussie_Pride
Member

Member Since May 2010
14 Posts

Quote:
Originally Posted by grashid...
Hi Pilotui, thank you

Maybe Grashid should of humbly taken his own advice but change the word buy to sell

Anyway as it turned out though i did not get on Cable! I needed it fall just a litttle further to have a valid entry according to my trade rules....Had it been a few years back i would have jumped the gun easy. But as time goes buy and you learn a little discipline and patients you get to watch trades go by lol. I still have a EURCHF short trades running @ 1.2972 and 1.2995 and have just gone long EURAUD @ 1.3752. So i guess the saying there will always be other trades is true.

And yes you are exactly right Lately nearly every time dickhead (Geitner) speaks there is downside to the USD.

Peace
Even If It Is A Minority Of One, The Truth Is Still The Truth!!!
  • #270,330
  • Jan 28, 2011 6:32am Jan 28, 2011 6:32am
Guys, is it possible that the GDP is leaked out and came worse and thats why the USD has been slammed all across just a while ago? what you guys think?... all currency rallied against the buck just now..
  • #270,331
  • Jan 28, 2011 6:33am Jan 28, 2011 6:33am
Quoting TauTrader
Taken note - thank you

Entered @ 112.81... cut at 112.37

Will see how she goes

Thanks again

Regards

you welcome, hope u get it
  • #270,332
  • Edited 7:33am Jan 28, 2011 6:36am | Edited 7:33am
Pivot: 1.5845
Long positions above 1.5845 with targets 1.5915 & 1.594 in extension.
Below 1.5845 look for further downside with 1.5775 & 1.572 as targets.
The pair is pulling back on its support, the RSI is mixed and calls for caution.
Key levels
1.572
1.5775
1.5845
1.5877 last
1.5915
1.594
1.5985

more http://www.fecima.com/201101286854/T...y-caution.html
  • #270,333
  • Jan 28, 2011 6:36am Jan 28, 2011 6:36am
Quoting TauTrader
Well, well, well

Smart cookie you are. Very well done!

All the best! ( nogal pretty too)


not really actually...

u too.. TauTrader..

MiZa my name...

ps wanna go now.. concentrate to the trade.. c ya
  • #270,334
  • Jan 28, 2011 6:44am Jan 28, 2011 6:44am
Guys..take this at your own risk...

I have a very very bad luck since the day i started forex and always got disappointed though i tried my best. I was greedy a few times too. I am short on several USD pairs and i am not sure what GDP will look like...but considering my bad luck.. you guys can go long which is against me and have profit... 3.5% GDP expectation is too much.. I don't have a clue really..
  • #270,335
  • Jan 28, 2011 6:45am Jan 28, 2011 6:45am
Quoting paka123
Pivot: 1.5845
Long positions above 1.5845 with targets 1.5915 & 1.594 in extension.
Below 1.5845 look for further downside with 1.5775 & 1.572 as targets.
The pair is pulling back on its support, the RSI is mixed and calls for caution.
Key levels
1.572
1.5775
1.5845
1.5877 last
1.5915
1.594
1.5985
Yeah - Trading Central quite good sometimes - of course , avoid like the plague at newstime - it's purely technical
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  • #270,336
  • Jan 28, 2011 6:47am Jan 28, 2011 6:47am
Quoting TauTrader
Good day to you,

Entry @ 1.5955

Will cut @ 1.5991

regards and all the best

PS- good to see you back
Closed for profit. Focus now on EJ

Regards
  • #270,337
  • Jan 28, 2011 6:49am Jan 28, 2011 6:49am
Quoting TauTrader
Closed for profit. Focus now on EJ

Regards
Hi Tau,

Whats your take on todays GDP? usd rally or get hit?
  • #270,338
  • Jan 28, 2011 6:53am Jan 28, 2011 6:53am
Good day to you,

Short opportunity on AUDUSD. If interested.

I'm taking it.

Regards
  • #270,339
  • Jan 28, 2011 6:54am Jan 28, 2011 6:54am
Quoting TauTrader
Good day to you,

Short opportunity on AUDUSD. If interested.

I'm taking it.

Regards
you mean before GDP release?
  • #270,340
  • Jan 28, 2011 6:55am Jan 28, 2011 6:55am
Quoting Aussie_Pride
Maybe Grashid should of humbly taken his own advice but change the word buy to sell
...where so much misunderstanding on this forum comes from , unfortunately - understanding eachother's TF for trades .... probably a swing trade for G ... where would you sell the rally? How about WP? Nice rejection there so far and back under 15930/40 minor S/R
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