Cable Update (GBPUSD)

ABoulfoul · #**180586** Nov 3, 2009 2:18pm

Quote:

Originally Posted by TauTrader

Good day to you,

Only 90 more to go....

All positions now green.Only just..... Will lock in soon....

I have sweated on this one since Sunday open.

Wish you all success.

regards

are your losing streaks really worse than the winning ones? :P

ams · #**180587** Nov 3, 2009 2:22pm

I am done for the day.

As said, 64500 for today and it has indeed touched 64500 to the pip!
Exiting few positions, will build new positions tomorrow.
And will wait for 6600 or even 67000 to short!
Yes you heard me right...

ams

Quote:

Originally Posted by ams

Good luck to us in this case as me too loaded another lot on 62700 target 64500 for today. Who knows about tomorrow.

pipnapper · #**180588** Nov 3, 2009 2:25pm

so now all stops are taken, back to 1.6265 at least

imho

kill · #**180589** Nov 3, 2009 2:27pm

i have a dreem 16220

it will come through soon and buffetttt the azz will be f;;;;;ed

my stop on cable 16470 eur 14760

TauTrader · #**180590** Nov 3, 2009 2:29pm

Quote:

Originally Posted by nAVIN2007

:worried :

Good day to you,

This has not been pleasant - drinking a lot of headache tablets as the week progresses... I cherish your acknowledgement.

Still a very long way to go...

Can be taken to the cleaners at any second...

Wish you all success

Regards

pipnapper · #**180591** Nov 3, 2009 2:40pm

Tautrader, just curious, why don't you take profits at least in some of your Positions?

FOMC and NFP ahead, wouldnt be too bad to lock some profits.

nAVIN2007 · #**180592** Nov 3, 2009 2:44pm

Quote:

Originally Posted by TauTrader

Good day to you,

This has not been pleasant - drinking a lot of headache tablets as the week progresses... I cherish your acknowledgement.

Still a very long way to go...

Can be taken to the cleaners at any second...

Wish you all success

Regards

its a tough one brother!!!

Popee83 · #**180593** Nov 3, 2009 2:51pm

Long time ... but what can I say .. I saw this coming long ago .. Criticize and call it luck ... I posted this on June and all three have come to pass ..

http://www.forexfactory.com/showpost...51&postcount=4

Hey arms & Macman .. still reading the threads .. am now a big boy .. doing big things ..

bbmac · #**180594** Nov 3, 2009 2:53pm

The move up from today's current intraday lows came as £ found demand in the potential 4hr support zone shown below:

This potential support zone was co-existant on 1hr also

There were hi-probability repeating reversal set-ups to the 1hr t/f, the 15min bullish divergence/band deviation based set-up is shown below:

and the 5min with great bullish pinbar trigger is shown below:

You have just gotta trade what you see.

G/L

TauTrader · #**180595** Nov 3, 2009 2:55pm

Quote:

Originally Posted by pipnapper

Tautrader, just curious, why don't you take profits at least in some of your Positions?

FOMC and NFP ahead, wouldnt be too bad to lock some profits.

Good day to you,

My setup is telling me that there is a bit more to the upside... over the next 8 to 12 hrs. Therefor I will hold all positions. I still have this window before FOMC and NFP. I'll be sure to start closing as we approach these events.

But your point is very valid

Regards

kill · #**180596** Nov 3, 2009 2:58pm

its all about dowwwwwwwwwwwwwwwwwwwwwwwwwwwwww

allserene · #**180597** Nov 3, 2009 3:36pm

Quote:

Originally Posted by Popee83

Long time ... but what can I say .. I saw this coming long ago .. Criticize and call it luck ... I posted this on June and all three have come to pass ..

http://www.forexfactory.com/showpost...51&postcount=4

Hey arms & Macman .. still reading the threads .. am now a big boy .. doing big things ..

Go on then I will bite

How much gold would you like to buy from me at 1900 per ounce ?

pipnapper · #**180598** Nov 3, 2009 3:42pm

Quote:

Originally Posted by TauTrader

Good day to you,

My setup is telling me that there is a bit more to the upside... over the next 8 to 12 hrs. Therefor I will hold all positions. I still have this window before FOMC and NFP. I'll be sure to start closing as we approach these events.

But your point is very valid

Regards

Thanks, just looked at your Profile and saw you're from CT. I was also born in RSA, but 39 years ago, lived in germany the last 37 years. Spent a few moth in Cape Town in 1996....
very nice over there.

allserene · #**180599** Nov 3, 2009 3:45pm

So cable looks very vulnerable to a bad payrolls number early tomorrow.

Anyone positioning themselves to ride the storm or sitting it out ?

TexasforEX · #**180600** Nov 3, 2009 3:55pm

Quote:

Originally Posted by allserene

So cable looks very vulnerable to a bad payrolls number early tomorrow.

Anyone positioning themselves to ride the storm or sitting it out ?

Shorts initiated around 1.6420 after this last spike to 1.6450 was rejected. .