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Cable Update (GBPUSD)

  • #29,861
  • Sep 11, 2007 2:25am Sep 11, 2007 2:25am
Quoting waf_1988
I'm bear-biased today, I said if the indicators show a possible bulls, it would take me another minutes to decide to jump in or stay out. Otherwise, I'd like to see how far the retracement on due. After that, taking short is on the table...What'd you say?
ive been short since sunday at 2.0300 t/p 2.0000 s/l now at break even
If I Go Broke Trying Then I Will die happy.
  • #29,862
  • Sep 11, 2007 2:29am Sep 11, 2007 2:29am
Quoting Moe
ive been short since sunday at 2.0300 t/p 2.0000 s/l now at break even
what makes you short at 300??
  • #29,863
  • Sep 11, 2007 2:29am Sep 11, 2007 2:29am
My luck day
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  • #29,864
  • Sep 11, 2007 2:30am Sep 11, 2007 2:30am
Quoting Moe
ive been short since sunday at 2.0300 t/p 2.0000 s/l now at break even


I'll be looking for the pair to 2.02 or below but likely to close the trade on 1st T/P. I'll be (possibly) going out in US session, so... I don't want to leave it open even though it's just OK (had a bad mental+psychological experience)
Hello World
  • #29,865
  • Sep 11, 2007 2:32am Sep 11, 2007 2:32am
this trade is costing me $278.00 per day swap
If I Go Broke Trying Then I Will die happy.
  • #29,866
  • Sep 11, 2007 2:37am Sep 11, 2007 2:37am
Quoting Moe
this trade is costing me $278.00 per day swap


You got your short position(s) open, and gain positive swap?! My broker shows me I'll be charged for negative swap on the pair if I leave short on GU open...

Where're you trading?
Hello World
  • #29,867
  • Sep 11, 2007 2:40am Sep 11, 2007 2:40am
  •  CWH
  • | Joined Feb 2007 | Status: United We Buy, Divided We Sell | 249 Posts
Quoting benssol
what makes you short at 300??
The prospect of a retracement, what else??..

"If, at first, you don't succeed, try, try, try again" - Winston Churchill
  • #29,868
  • Sep 11, 2007 2:42am Sep 11, 2007 2:42am
Quoting waf_1988


You got your short position(s) open, and gain positive swap?! My broker shows me I'll be charged for negative swap on the pair if I leave short on GU open...

Where're you trading?
i said this trade is costing me. and other words im being charge 278 per day.
If I Go Broke Trying Then I Will die happy.
  • #29,869
  • Sep 11, 2007 2:45am Sep 11, 2007 2:45am
Quoting Moe
i said this trade is costing me. and other words im being charge 278 per day.
Oops... My bad...
Hello World
  • #29,870
  • Sep 11, 2007 2:48am Sep 11, 2007 2:48am
what happened to the cable

ok i was expecting this move down, but not this far south....well anyway...technically speaking i think is just part of a correction before we tackle the 0300s.

we should complete this correction soon to be specific anywere within 0200 and 0230.....if this levels are broken then im fu#$$%....
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #29,871
  • Sep 11, 2007 2:49am Sep 11, 2007 2:49am
Quoting benssol
what makes you short at 300??
my system keep telling me this pair wants to drop hard, i shorted last week but end the week at breakeven did not jump on that long train last week.
If I Go Broke Trying Then I Will die happy.
  • #29,872
  • Sep 11, 2007 2:53am Sep 11, 2007 2:53am
Quoting got pips?
what happened to the cable

ok i was expecting this move down, but not this far south....well anyway...technically speaking i think is just part of a correction before we tackle the 0300s.

we should complete this correction soon to be specific anywere within 0200 and 0230.....if this levels are broken then im fu#$$%....
no im fuc? if this pair hit 300
If I Go Broke Trying Then I Will die happy.
  • #29,873
  • Sep 11, 2007 2:57am Sep 11, 2007 2:57am
damn i forgot mr. dollar killer spreaks later today.
If I Go Broke Trying Then I Will die happy.
  • #29,874
  • Sep 11, 2007 3:01am Sep 11, 2007 3:01am
i think the big dogs in this thread took a bad beating last week and the week before, one of them said they lost 40% of there account.
If I Go Broke Trying Then I Will die happy.
  • #29,875
  • Sep 11, 2007 3:04am Sep 11, 2007 3:04am
GBP trade balance in 26mins. . .

Forecast -6.4%
Previous -6.3%

Following FF article:

http://www.forexfactory.com/news.php?do=news&id=46299
Hello World
  • #29,876
  • Sep 11, 2007 3:04am Sep 11, 2007 3:04am
i got a strong bounce off of my 200 ema on my 30 min chart at 2.0237 could this be the end of the drop.....
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #29,877
  • Sep 11, 2007 3:06am Sep 11, 2007 3:06am
yes this could put me at breakeven today, so what i will do is put my stop loss +1 pip this will pay for my swap and a nice dinner later.
If I Go Broke Trying Then I Will die happy.
  • #29,878
  • Sep 11, 2007 3:10am Sep 11, 2007 3:10am
Quoting got pips?
i got a strong bounce off of my 200 ema on my 30 min chart at 2.0237 could this be the end of the drop.....
who know's, hold your chin up if you can hold it up until u.s. open then cable will go up if you drop your chin within the next 4 hours then cable will go down.
If I Go Broke Trying Then I Will die happy.
  • #29,879
  • Sep 11, 2007 3:14am Sep 11, 2007 3:14am

Today situation is not changed and picture is still the same
  • #29,880
  • Sep 11, 2007 3:14am Sep 11, 2007 3:14am
Sept. 11 (Bloomberg) -- The dollar is ``oversold'' and will rally 4.3 percent against the euro in the next three months as a rise in risk aversion prompts U.S. investors to return money home, said UBS AG.
For he that would be deceived, let him.
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