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Cable Update (GBPUSD)

  • #23,361
  • Aug 9, 2007 10:35am Aug 9, 2007 10:35am
Quoting Big Wave Rider
I think bravado has been smoking some of his new avatar, unaware that your not to smoke real grass, its just a saying.
a real comedian.
whatever you say Big Wave Rider. whatever you say..
BAM BAM BOOM! -bravado
  • #23,362
  • Aug 9, 2007 10:39am Aug 9, 2007 10:39am
Quoting Abuawad
Short with targets @ 2.0264 & 2.0252 in extension
your first target is about 20 pips below current price.
it's going to be tough getting there.
BAM BAM BOOM! -bravado
  • #23,363
  • Aug 9, 2007 10:40am Aug 9, 2007 10:40am
Quoting bravado
let's rock.
Bravado Slim Faces Scrutiny

  • #23,364
  • Aug 9, 2007 10:46am Aug 9, 2007 10:46am
Quoting bravado
your first target is about 20 pips below current price.
it's going to be tough getting there.
now its 10 pips away.
my skills on the line now.
BAM BAM BOOM! -bravado
  • #23,365
  • Aug 9, 2007 10:50am Aug 9, 2007 10:50am
Quoting bravado
now its 10 pips away.
my skills on the line now.
omg. i was wrong.
BAM BAM BOOM! -bravado
  • #23,366
  • Aug 9, 2007 10:52am Aug 9, 2007 10:52am
i just got humbled by the market.. 0265 reached.
BAM BAM BOOM! -bravado
  • #23,367
  • Aug 9, 2007 11:11am Aug 9, 2007 11:11am
will ponder how i could have been so wrong over the weekend.
my revenge trade begins next week.

my weekend starts now.

have a good one everyone!
BAM BAM BOOM! -bravado
  • #23,368
  • Aug 9, 2007 11:15am Aug 9, 2007 11:15am
i'll take friday off i make more than 1600 Pip this week.

see you next week
  • #23,369
  • Aug 9, 2007 11:38am Aug 9, 2007 11:38am
For those used to the whippy sessions in the stock market, today's dull...

But I'm still eyes wide open on that beast....

BTW, 0295 last entry. looking for daily close below 0300 + new week low tomora as preferred scenario.

Back above 0330 will get me clueless... Wondering whether or not there are rabbits left in this hat after what we saw this week.
  • #23,370
  • Aug 9, 2007 11:53am Aug 9, 2007 11:53am
looks like another roller coaster ride ready to take off
Just Trade It
  • #23,371
  • Aug 9, 2007 11:58am Aug 9, 2007 11:58am
Quoting Breeze
Hello everyone.....well well well....the markett has decided to turn.....I'll hedge @ 3800 for EUR and 0530 for GBP and none for CHF at the moment.....the market has gone crazy.

shot eur 3770/3840.........aim @ 3100
short gbp 0326/0507.......aim @ 9850/9600 might even go further o 1900/1890
long chf 2038.................aim @ 2600

http://www.myfxreport.com/hedging.htm

Breeze
Did you try to do the full hedge? 100%
Trading for a living!
  • #23,372
  • Aug 9, 2007 12:01pm Aug 9, 2007 12:01pm
Quoting manu.aquetdju
Hi guys, i just went back to computer and I see my TP at 2.0260 was hit with profit +100 pips on 27 standard lots. But today was probably worst day in my personal life ever. Dark clouds above my head are really heavy and I dunno what to do ....
27,000 can make some clouds go away ;p
  • #23,373
  • Aug 9, 2007 12:03pm Aug 9, 2007 12:03pm
Quoting manu.aquetdju
Hi guys, i just went back to computer and I see my TP at 2.0260 was hit with profit +100 pips on 27 standard lots. But today was probably worst day in my personal life ever. Dark clouds above my head are really heavy and I dunno what to do ....
Whatever it is, best wishes ...

I usually call Mr. Johnnie Walker in these kind of occasions.
  • #23,374
  • Aug 9, 2007 12:14pm Aug 9, 2007 12:14pm
The fall adds new meaning to the adage:

"no one knows which way the market will go"

Unfortunately we are none the wiser; so

tomorrow is another day. Anyone placing

bets?
  • #23,375
  • Aug 9, 2007 12:16pm Aug 9, 2007 12:16pm
Attached Image
  • #23,376
  • Aug 9, 2007 12:22pm Aug 9, 2007 12:22pm
Quoting cesarnc
yes really hot, most probably I will go short tomorrow, but I will do final decision on end of day
  • #23,377
  • Aug 9, 2007 12:22pm Aug 9, 2007 12:22pm
Quoting cesarnc
Keep screamin girl.....short cable short.....
  • #23,378
  • Aug 9, 2007 12:28pm Aug 9, 2007 12:28pm
Yes, and almost everybody made easy money on this, the euro, and the UJ and GJ crosses already I think. I have not met many good traders today who are unhappy

From a technical viewpoint, euro and UJ are the best to short right now, but GU (and GJ) are still good to hold onto(supports are about 30-40 pips away for GU). My own opinion of course, I don't like to enter small trades due to crappy R:R.

Oh and USDCAD long anybody? What do you think bravado??!!

Quoting cesarnc
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #23,379
  • Aug 9, 2007 12:52pm Aug 9, 2007 12:52pm
Quoting Plutonite

Oh and USDCAD long anybody? What do you think bravado??!!

VERY and lookin good also cheers


cut the geppy long at 40.87 thinking if the bottom holds could be awesome LONG will check after the close
"Millionaires don't use astrology, billionaires do"
  • #23,380
  • Aug 9, 2007 1:35pm Aug 9, 2007 1:35pm
NYSE Thu's carnage update

Dow -259 (-1.9%)
S&P 500 -33 (-2.2%)
349 traders viewing now