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PipLand replied Dec 15, 2008Nice trade, im holding long for a little longer though hopefully 5100
Cable Update (GBPUSD)
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PipLand replied Dec 15, 2008
i know i know its embarrassing posting my messy charts, but i like to see all posible traffic that the price has to go through and I dont like removing old channels/trendlines as they can come back into play as well and catch you outCable Update (GBPUSD)
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PipLand replied Dec 15, 2008lol i know lots of lines because of the rising trendline and finding support at 4980. I added longs between 4960-4980
Cable Update (GBPUSD)
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PipLand replied Dec 15, 2008got some longs on now targeting 5100. Hopefully after that it will go back to test the support line and then upto 5200
Cable Update (GBPUSD)
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PipLand replied Dec 15, 2008morning guys, guess were gonna have to wait to see what happens with the bail out before cable does anything interesting. Not in a position yet but will be looking for some longs on the retest of the support line, if its kind enough to come down for ...
Cable Update (GBPUSD)
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PipLand replied Dec 13, 2008Spot on
I will 3rd that, great post! I expect to see cable upto 1.60 in the short term before we see further weakness and then who knows where the bottom will be, but cable will get a big kicking! Especially when we add the holiday ...Cable Update (GBPUSD)
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PipLand replied Dec 12, 2008dow is seeling oof before the weekend cable could crash down now for next week opportunities
Hope so anyway i know i shouldnt be here couldnt keep away lolCable Update (GBPUSD)
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PipLand replied Dec 12, 2008opps sorry i didnt read what you posted after that you exited. closing the trade was the best decision though for sure its 50/50 really
Cable Update (GBPUSD)
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PipLand replied Dec 12, 2008im closed out now, your short is looking better at least now navin, good luck have a great weekend everyone
Cable Update (GBPUSD)
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PipLand replied Dec 12, 2008I hope people are taking you up on this offer a year ago I would have been biting your arm off for help!
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PipLand replied Dec 12, 2008You said yourself "risky as hell" your supposed to be looking for high probability not low probability. theres no high probability trades from this point in my view its 50/50 from here but as im already long im holding to see if it can push higher. ...
Cable Update (GBPUSD)
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PipLand replied Dec 12, 2008Im still long but for me right this min its in a no trade area, no shorts no longs. I am not looking for a short until past 1.51
Cable Update (GBPUSD)
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PipLand replied Dec 12, 2008Navin check your chart again. You correctly identified 14832 as support, and that support held, it wasnt broken only pierced even on the 15min
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PipLand replied Dec 12, 2008Eur reached a high against the £ so is falling against that and also its at hard resitance against the $ at 1.3406
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PipLand replied Dec 12, 2008yeah I heard mention of it during the day but Bloomberg said this had just happened about 10 mins ago this was. The market seems to have reacted. They have to give them the money now otherwise its index shorting time next week

Cable Update (GBPUSD)
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PipLand replied Dec 12, 2008the treasury is gonna give the money to the auto industry after all apparantly, hence the change in sentiment
Cable Update (GBPUSD)
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PipLand replied Dec 12, 2008I was thinking about that but I wasnt convinced at the time, shame could have grabbed a bunch of pips

Cable Update (GBPUSD)