Cable Update (GBPUSD) | Page 1409 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #28,161
  • Aug 31, 2007 5:11am Aug 31, 2007 5:11am
"Investment banks are set to cut 10% to 15% of their staff across the board as turmoil in the markets takes its toll on revenues, the Financial Times reports. The bulk of cuts are expected in structured credit and leveraged finance."

I'm curious about next NFP after this crisis. A lot of funds and banks reported some thousands of employees fired. And average 100K NFP could be hurt already in some 5K-8K if I recall the news right....

I guess this will be taken into consideration in the forecast... Don't know how it works...
  • #28,162
  • Aug 31, 2007 5:16am Aug 31, 2007 5:16am
OK.. My soldiers are in and I'm fried like a fat chicken at 2.0125....

1/4 of the position I want
  • #28,163
  • Aug 31, 2007 5:19am Aug 31, 2007 5:19am
Quoting phn
train yourself to be a sniper : http://www.albinoblacksheep.com/flash/shoot

48
  • #28,164
  • Aug 31, 2007 5:22am Aug 31, 2007 5:22am
do you remember when cable was under 2.0200 ?

I think Bernanke-Bush must have been watching jim cramer...

long cable long
  • #28,165
  • Aug 31, 2007 5:23am Aug 31, 2007 5:23am
61...just like a fibo retracement....many im good..
its just money
  • #28,166
  • Aug 31, 2007 5:24am Aug 31, 2007 5:24am
Quoting cesarnc
OK.. My soldiers are in and I'm fried like a fat chicken at 2.0125....

1/4 of the position I want
Thought you were in @ 2.0210?
To laugh, to learn, and to teach!
  • #28,167
  • Aug 31, 2007 5:33am Aug 31, 2007 5:33am
Quoting myles
Thought you were in @ 2.0210?
yup. the SL is at 0125
  • #28,168
  • Aug 31, 2007 5:34am Aug 31, 2007 5:34am
I got stopped @ 2.0217 and now it's going back???!
  • #28,169
  • Aug 31, 2007 5:48am Aug 31, 2007 5:48am
Quoting waf_1988
You'll get your precious and profitable trade next time pino...

Cheer up and have a nice weekend
Thanks waf, same to you
  • #28,170
  • Aug 31, 2007 5:49am Aug 31, 2007 5:49am
Quote
OK.. My soldiers are in and I'm fried like a fat chicken at 2.0125....

1/4 of the position I want

Huuummmuummmmm
Hello World!
  • #28,171
  • Aug 31, 2007 5:54am Aug 31, 2007 5:54am
Quoting ClockTrader
Huuummmuummmmm
?
  • #28,172
  • Aug 31, 2007 6:00am Aug 31, 2007 6:00am
LOST ANOTHER 5% of my equity for below reasons, should be like -500 pips:

 

  1. I went against my clock and calendar rules
  2. Went against discipline
  3. Broke MM rules

Now I pay for it.

BUT, I feel inspired and motivated to make it big after I incur loss. So, its OK, I take it, I'm responsible !

Hello World!
  • #28,173
  • Aug 31, 2007 6:04am Aug 31, 2007 6:04am
TRADERS........IT'S FRIDAY.....

Got my beer nice and cold for after all the crap that I'm about to hear today...got a good night sleep and I'm ready for action....

Uncle Benny and Mr. B are both speaking today?????? WTF....talk about some MAJOR fireworks in the making.........

With that piece of news I'm watching to at least Uncle Benny speaks and then catch pips at that time.

I feel "Mr B." is just trying not to get upstage so he decided to have a speech on how he is going to crack down on lenders.....where were you a couple of years ago?......to worried about his oil to give a hoot....

Pino..sorry for the loss ...but Uncle Benny might give you an early Friday present either way........

I also thought about setting up a trade last night before bed to enter at 0215...but decided to stay out since all my losses this week have came from trades that I set up an left overnight.......

SO LET'S GET READY TO RUMBLE..................with Uncle Benny and Mr. B
  • #28,174
  • Aug 31, 2007 6:07am Aug 31, 2007 6:07am
Quoting pino2
Luckily I placed
2 longs @ 2.0140 (still running)
and 1 lot @ 2.0180 (stil running)
I placed SL @ BE and I'm eyeing @ 2.0240, I wish it can be reached and broken, I hope that my SL won't get hit this time, since I'm thinking to hold on these trades till they reach 2.0400, will try to hunt a better trade if 2.0180 trade is hit
  • #28,175
  • Aug 31, 2007 6:17am Aug 31, 2007 6:17am
Quoting pino2
I placed SL @ BE and I'm eyeing @ 2.0240, I wish it can be reached and broken, I hope that my SL won't get hit this time, since I'm thinking to hold on these trades till they reach 2.0400, will try to hunt a better trade if 2.0180 trade is hit
It was hit as you were writing. LOL....

Me too, will consider a better price down the road. Let see if and where cable will fail to retest the levels below....

There will be a lot of repositioning and panic across the board today... Better decisions can be made if you skip the frenzy and wait for dust to settles, even if it costs you a lil bit more...

With this level of volatility, it's hard to know what is really going on... On my side, my thoughts were that once 0210 was put, there would be no turning back... Go figure.
  • #28,176
  • Aug 31, 2007 6:19am Aug 31, 2007 6:19am
I just cut my losses on the way to 2.0201 right on that 10 seconds of hesitation, -4 pips lool. I also leaved a entry order yesterday with low leverage.

I knew that it would be a possibility of stop hunt with this price setup but i didn't expected a 30-40 pip SL above the recent range.

This hunters are getting greedy, but GU is getting more and more iliquid and that's why i'm trading more EU, less volability but is not made from gelatine.

Well, now with my position closed, i feel better to think.

I thought of letting it run when i woke up but... the reason for why i opened is not happening and it is 3 hours away.

Closing it is the best thing to do.


WOW and look at that, just as i write, 20 pips i saved if i closed 1 minute later. I'm becoming a Ice Cube when it comes to close a position. This is great!

Now let me refresh my plan for today!
  • #28,177
  • Aug 31, 2007 6:20am Aug 31, 2007 6:20am
Cable you are so lovely, you hit my SL @ BE for the 2.0180, thanks again, and thanks for all the gifts you gave me today (-397 pips) , I promise you that I'll fill your life with gifts in the near future, and will let you regret what you've done with me lately
  • #28,178
  • Aug 31, 2007 6:26am Aug 31, 2007 6:26am
Quoting pino2
Cable you are so lovely, you hit my SL @ BE for the 2.0180, thanks again, and thanks for all the gifts you gave me today (-397 pips) , I promise you that I'll fill your life with gifts in the near future, and will let you regret what you've done with me lately
LOL.. pino, why don't you reduce the size of the trades and go building on confirmation?

This SOB is putting 50-70 pips randomly here. There is no way one can survive with the old good 30 pip SL....

I'm using 1/4 of the position I want, so if cable sinks to 0125 (my SL) it will hurt part of my weekly profit, but won't kill me. Nor even take my entire profit away.

On confirmation we are going up, I go on adding proportionally
  • #28,179
  • Aug 31, 2007 6:31am Aug 31, 2007 6:31am
11:31 GMT the charm...

I love Fridays.
  • #28,180
  • Aug 31, 2007 6:44am Aug 31, 2007 6:44am
Quoting cesarnc
There is no way one can survive with the old good 30 pip SL....
Want to laugh? What if i said to you that... Auslanco... the big guru of 90% of the new traders of this forum, just set a few days ago a GBP/JPY trade

with a target of 300 pips, and get this..... 20 pip SL! Yeah GY!

He just erased that from his own signature, but i swear that is the truth.

Incredible... the author of the fastest growing thread of the history of international foruns.

+600 new posts every single day.

Of course.. "hmm this guy win 300 pips and only lose 20, what a genius"







Hey what the hell? EU and GU moving without UJ? Update please?
213 traders viewing now, 1 is registered: