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Cable Update (GBPUSD)

  • #26,021
  • Aug 21, 2007 11:23am Aug 21, 2007 11:23am
Quoting Lincoln_10
still aiming down i suppose?
Licking my SLS but yes down.
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  • #26,022
  • Aug 21, 2007 11:24am Aug 21, 2007 11:24am
I dont think it is gonna go down. Rather up during the second part of the week.
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  • #26,023
  • Aug 21, 2007 11:25am Aug 21, 2007 11:25am
Just got back... good thing I had to stay out. I would have cut my GU long below 9800 like 2-3 hours ago... Damn market...

Stock market on the push + no more fund collapsing today, I'm cool.

Looks like Fed/Treasure said the right words so far. What doesn't mean a -200 dow tomorrow is out of the table

Cīmon Cable you freak. Crack that 9850/9900 crap today, would'ya???????
  • #26,024
  • Aug 21, 2007 11:27am Aug 21, 2007 11:27am
Quoting cesarnc
Just got back... good thing I had to stay out. I would have cut my GU long below 9800 like 2-3 hours ago... Damn market...

Stock market on the push + no more fund collapsing today, I'm cool.

Looks like Fed/Treasure said the right words so far. What doesn't mean a -200 dow tomorrow is out of the table

Cīmon Cable you freak. Crack that 9850/9900 crap today, would'ya???????
Just less likely...
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  • #26,025
  • Aug 21, 2007 11:30am Aug 21, 2007 11:30am
Quoting bullrock
Just less likely...
-200 dow is less likely. Problem is a hedge fund's CEO farts, market scramble to treasurys, dump carry trades in 500 pips, buy dollar like crazy, eat our stoplosses and then go "hhmmm... not that bad a stench... let's get back to business"...
  • #26,026
  • Aug 21, 2007 11:31am Aug 21, 2007 11:31am
dam

1.3130 for DJ
from 1.3165
all of a sudden
give me my pips back...
  • #26,027
  • Aug 21, 2007 11:33am Aug 21, 2007 11:33am
on the 3h chart we have a couple of dojis... with short heads and tails... meaning market is doing nothing.
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  • #26,028
  • Aug 21, 2007 11:34am Aug 21, 2007 11:34am
hi

the cable toda is mixed .... ranging ... but its still near to downtrend
  • #26,029
  • Aug 21, 2007 11:39am Aug 21, 2007 11:39am
And yes cracked the trendline on GJ
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  • #26,030
  • Aug 21, 2007 11:47am Aug 21, 2007 11:47am
I'm short @ 1.9876 SL @ BE, I'm not yet comfortable with this trade, I opened it early today, and it was the first live trade to open since last Thursday, I was happy when it broke today 1.9801, my first key for today, and then it broke 1.9760, my first key for the week, would this be a sign for further down moves, still it is not clear to me
  • #26,031
  • Aug 21, 2007 11:53am Aug 21, 2007 11:53am
Quoting pino2
I'm short @ 1.9876 SL @ BE, I'm not yet comfortable with this trade, I opened it early today, and it was the first live trade to open since last Thursday, I was happy when it broke today 1.9801, my first key for today, and then it broke 1.9760, my first key for the week, would this be a sign for further down moves, still it is not clear to me
U got a good trade pino.. but in crazy SOB movements like this.. better take ur profit and run like hell... coz the market seems to want all the pips that we stole last week BACK!!!!!:
  • #26,032
  • Aug 21, 2007 11:56am Aug 21, 2007 11:56am
Hell no. I am giving back.
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  • #26,033
  • Aug 21, 2007 11:58am Aug 21, 2007 11:58am
Granny wants her pips BACK!!!!
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  • #26,034
  • Aug 21, 2007 11:59am Aug 21, 2007 11:59am
Quoting dd33
U got a good trade pino.. but in crazy SOB movements like this.. better take ur profit and run like hell... coz the market seems to want all the pips that we stole last week BACK!!!!!:
yeah , you know I had an unrealise profit today 130 pips, but I was greedy and I kept it running, I'm really confused since last Thursday, market is going crazy!
  • #26,035
  • Aug 21, 2007 11:59am Aug 21, 2007 11:59am
Quoting dd33
U got a good trade pino.. but in crazy SOB movements like this.. better take ur profit and run like hell... coz the market seems to want all the pips that we stole last week BACK!!!!!:

I concur with that Pino....remember the last time you didn't take profit, and how upset you were....

The way the market is lately, you can be gone for an hour and come back to see your trade down by -50 pips. Take the profit and run....
  • #26,036
  • Aug 21, 2007 12:05pm Aug 21, 2007 12:05pm
Expecting DJ to drop to 13052

so short might be in the books...
give me my pips back...
  • #26,037
  • Aug 21, 2007 12:06pm Aug 21, 2007 12:06pm
Quoting Turtle
I concur with that Pino....remember the last time you didn't take profit, and how upset you were....

The way the market is lately, you can be gone for an hour and come back to see your trade down by -50 pips. Take the profit and run....
I changed my SL to 1.9850, and I'm looking for an hourly close below 1.9790, and an hourly lower high
  • #26,038
  • Aug 21, 2007 12:09pm Aug 21, 2007 12:09pm
Quoting Turtle
I concur with that Pino....remember the last time you didn't take profit, and how upset you were....

The way the market is lately, you can be gone for an hour and come back to see your trade down by -50 pips. Take the profit and run....
Yeah.. today's movements already chew me alive. -170 pips. Out until market know where she wants to go. Dont wanna give more pips back.
  • #26,039
  • Aug 21, 2007 12:10pm Aug 21, 2007 12:10pm
Quoting pino2
I changed my SL to 1.9850, and I'm looking for an hourly close below 1.9790, and an hourly lower high
Good job...PROTECT THAT PROFIT........

Better to gain some pips if the market turns around, than to be upset for the rest of the day because of all the profit you just let fall off the table...
  • #26,040
  • Aug 21, 2007 12:15pm Aug 21, 2007 12:15pm
Buyers vs. Sellers for the last 2hr in the stock market.

I give 60/40.

If I'm wwwrrroooonggg I'll be oooouuuuttt..
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