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Cable Update (GBPUSD)

  • #17,041
  • Jul 4, 2007 9:35am Jul 4, 2007 9:35am
The 50 bar sma fair value on daily and 100 bar sma seem like reason targets for professionals to support if they truely want higher prices from here.
"Millionaires don't use astrology, billionaires do"
  • #17,042
  • Jul 4, 2007 9:38am Jul 4, 2007 9:38am
Any chance something really really bad is gonna happen in England?

Well, I got two trades negative here, my broker is going off in 20 minutes for the next 10 hours...

  • #17,043
  • Jul 4, 2007 9:44am Jul 4, 2007 9:44am
Quoting mohsen57
well how do you know you that it will go 2.0330 ?! ...unless Bank surprise to 6% and that will like bomb and we may see 2.0300 beyond, ...
Agreed with you, but some analysts think that BoE could hike directly to 6%. And actually the market think the same... That's why this monster is actually so big...

http://ideesnoires.free.fr/monster/monster_gaston.gif
  • #17,044
  • Jul 4, 2007 9:45am Jul 4, 2007 9:45am
Quoting cesarnc
Any chance something really really bad is gonna happen in England?
Yeah man, the Spice Girls are coming together again short the pound like there's no tomorrow!
  • #17,045
  • Jul 4, 2007 9:45am Jul 4, 2007 9:45am
Ces, i covered my heavy scalps, smaller positions still in play let it ride,
IB downtime kinda sucks but what can u do, would of liked to hold them but not worth the risk, with market unavailable
"Millionaires don't use astrology, billionaires do"
  • #17,046
  • Jul 4, 2007 9:45am Jul 4, 2007 9:45am
you're with IBFX too huh?
quote of the day: . It's like deja-vu all over again
  • #17,047
  • Jul 4, 2007 9:47am Jul 4, 2007 9:47am
Quoting emptmata
After many loss in Short.....just now Long at 2.0157 try to TP
at 2.0330 Tomorow . hope big gain this time
Let me see if I got it right... you've entered a position during a holiday day just prior the biggest news in the economic calendar (interest rates)?

I see... are you REALLY sure about that?
  • #17,048
  • Jul 4, 2007 9:48am Jul 4, 2007 9:48am
Quoting WTB
Yeah man, the Spice Girls are coming together again short the pound like there's no tomorrow!
Thats a better argument than some ive read on here to go short

I am short today! In decent profits, good target could be test of 2.0133
  • #17,049
  • Jul 4, 2007 9:49am Jul 4, 2007 9:49am
Quoting Gmak
you're with IBFX too huh?
Yes...

I've just cut most of the trades, losers in GU, winners in GJ and UJ, tiny positions left on the run. Will return them when broker is back.

Odds favour choppy hours ahead with Europe closing, so this strategy makes sense.

Keep me posted in case you see a Mercedes at the gas station today.
  • #17,050
  • Jul 4, 2007 9:55am Jul 4, 2007 9:55am
IBFX I thought you had to pay for a data feed or have I been completely mistaken?

They were a broker that looked good and have a trailing stop feature which I need.

Is it a free account?
  • #17,051
  • Jul 4, 2007 9:59am Jul 4, 2007 9:59am
Quoting el_duende
IBFX I thought you had to pay for a data feed or have I been completely mistaken?

They were a broker that looked good and have a trailing stop feature which I need.

Is it a free account?
1-) Pay the data feed? Don't know what you mean.

2)- Damn trailing stop is client-based. So you gotta let the system running. In GFT, for instance, it is server based.

4)- Free account? Don't know what you mean.
  • #17,052
  • Jul 4, 2007 10:00am Jul 4, 2007 10:00am
I've left all longs open. Stops should be wide enough to cover a 10 hour bore gap.

opened a short hedge off the 4 hr gbp pin par, I expect any movement will be in this pair.


In other news an under cover Al Quaida hit squad was captured planting their latest car bomb in Hyde park earlier today.

"we urge all members of the public to remain vigilant"

Said Chief Inspector Phil McCavity.

It transpired the terror suspects had been trained at the Bonzo Doo Dah Clown Training Camp in Helmund Province, Afghanistan



http://www.pancake.co.uk/albums/clow....highlight.jpg
quote of the day: . It's like deja-vu all over again
  • #17,053
  • Jul 4, 2007 10:01am Jul 4, 2007 10:01am
hmmmmmm they musta meant the end of 15:00 gmt not the start rotten PR's

no i guess just closing the books, seems pretty dead now LOL

EL, yea free service MT4 is great platform also, and if u want to create ascii or want dde server that is doable as well
"Millionaires don't use astrology, billionaires do"
  • #17,054
  • Jul 4, 2007 10:04am Jul 4, 2007 10:04am
nope, it's all stop on mine
quote of the day: . It's like deja-vu all over again
  • #17,055
  • Jul 4, 2007 10:05am Jul 4, 2007 10:05am
Quoting Gmak
I've left all longs open. Stops should be wide enough to cover a 10 hour bore gap.
You IBFX? If so, The stops are not going in, in case the market moves. That's the reason of my dilema.... Otherwise I would let them to run, too...

Or am I mistaken, 4 minutes too late?
  • #17,056
  • Jul 4, 2007 10:06am Jul 4, 2007 10:06am
As far as I was aware hard stops are held server side, only trailing stops are held on your computer
quote of the day: . It's like deja-vu all over again
  • #17,057
  • Jul 4, 2007 10:07am Jul 4, 2007 10:07am
Quoting cesarnc
1-) Pay the data feed? Don't know what you mean.

2)- Damn trailing stop is client-based. So you gotta let the system running. In GFT, for instance, it is server based.

4)- Free account? Don't know what you mean.
Told you I was mistaken! So no charges to pay for the account

So with the trailing stop I have to keep the IBFX screen open and my computer turned on constantly. As soon as I turn off the PC no more trailing stop?

edit Looks my question already answered above
  • #17,058
  • Jul 4, 2007 10:07am Jul 4, 2007 10:07am
10:55EHearing all Mercedes-Benz are not allowed to park in gas stations for the rest of the day. Major American broker's request.
  • #17,059
  • Jul 4, 2007 10:08am Jul 4, 2007 10:08am
Quoting Gmak
As far as I was aware hard stops are held server side, only trailing stops are held on your computer
But the broker will be OFF! No trades...
  • #17,060
  • Jul 4, 2007 10:09am Jul 4, 2007 10:09am
Quoting el_duende
As soon as I turn off the PC no more trailing stop?
Exactly.
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