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The Forex Thread (FX)     

hilary - 31 Dec 2003 13:00

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Forex rebates on every trade - win or lose!

Tellon - 26 Feb 2004 12:15 - 556 of 11056

Cable Going Down! IMHO

Sue 42 - 26 Feb 2004 13:34 - 557 of 11056

can i just clarify - when we talk about cable going down, do we mean dollar stregthening & /$ going lower ie below 1.86 now, or do we mean lower - the $ weakening & the /$ increasing? ie going above 1.87

Tellon - 26 Feb 2004 14:48 - 558 of 11056

Personally I meant, Spot Sterling/Dollar going down.

Sue 42 - 26 Feb 2004 17:05 - 559 of 11056

so you mean decreasing - ie going below 1.86, or 1.85?

hilary - 26 Feb 2004 17:17 - 560 of 11056

Sue,

Cable going down means weakening, $ strengthening.

Sue 42 - 27 Feb 2004 07:56 - 561 of 11056

thanks hilary that's what I thought.

wish i'd kept my short open!

dclinton - 27 Feb 2004 09:20 - 562 of 11056

Sue - we all wish we could trade the left-hand side of the chart :-)

hilary - 27 Feb 2004 09:23 - 563 of 11056

18550 coming under pressure. If that goes there should be a quick 100 pip drop till next support.

Beeblebrox - 27 Feb 2004 09:39 - 564 of 11056

nice call boss

hodgins - 27 Feb 2004 09:42 - 565 of 11056

We have almost half of that 100 pip fall

hilary - 27 Feb 2004 10:11 - 566 of 11056

Nearly there now although it's looking like it could carry on down. Might need a bit of patience though, as I expect there'll be a bit of support buying to give it a bounce to begin with.

hilary - 27 Feb 2004 14:36 - 567 of 11056

Looks like the low's in. Time to reverse and go long. Stop at a move below 18468.

hodgins - 27 Feb 2004 15:07 - 568 of 11056

another well timed call!

Tellon - 01 Mar 2004 09:40 - 569 of 11056

Morning All, Opening up the week by going Long. Just the jist of my thinking bellow. Hope you all have a good trading day.

GBP/USD: Buying

"Cable rebounded from key support at US$1.8450 at the beginning and at the end of the week thereby leaving a key reversal day twice last week. Fridays upturn also emerged off the rising trendline going back to the Sep 03 bottom, which increases its potential for the week ahead."

"Medium-term target of US$2.00 still standing, we continue to view any dips as buying opportunities in anticipation of this bullish outlook."

Resistance: 1.8835, 1.8850
Support: 1.8640, 1.8500


dclinton - 01 Mar 2004 11:01 - 570 of 11056

Long at 1.8663 with a tight stop.

Beeblebrox - 01 Mar 2004 11:11 - 571 of 11056

I could easily put the mockers on this, cox i'm long as well,
186.69

Tellon - 01 Mar 2004 11:13 - 572 of 11056

Long Tade Suggestion from A.G.Investments,

"1-Mar GbpUsd Long Entry - 1.8568 Limit - 1.8753 Stop - 1.8499 "

Tellon - 01 Mar 2004 11:14 - 573 of 11056

5 Day forcast projection - Gbp/Usd Up 1.8882 from same firm

dclinton - 01 Mar 2004 11:21 - 574 of 11056

Stop raised to break even. 15 minute indicators looking very bullish, hourly looking pretty good, too.

dclinton - 01 Mar 2004 11:55 - 575 of 11056

And stopped out for break even. Short and sweet and totally unprofitable :-)
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