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Cable Update (GBPUSD)

  • #1,761
  • Dec 14, 2006 8:05am Dec 14, 2006 8:05am
Kappa is A-OK. Just stating that the BOJ announcement made the CABLE, EUR, NZD, and AUD for days last December. So that may be an announcement even for the CABLE traders to pay attention to. Maybe we need a JPY traders thread going on as well. Go Kappa go!
Show me the PIPS!
  • #1,762
  • Dec 14, 2006 8:06am Dec 14, 2006 8:06am
9843?? we are not in the same boat. i guess u're sailing somewhere to paris and im going to london... hhahahaha

Quoting shahfx
Look Like we are going on the same boat..and try to take a bit profit at 9843
"Invest With The Insiders, Not The Masses" George Muzea
  • #1,763
  • Dec 14, 2006 8:08am Dec 14, 2006 8:08am
Quoting Qu|cksilver
9843?? we are not in the same boat. i guess u're sailing somewhere to paris and im going to london... hhahahaha
hehe..my bad!!Typo..now im in free Trade..
  • #1,764
  • Dec 14, 2006 8:08am Dec 14, 2006 8:08am
Quoting Qu|cksilver
9843?? we are not in the same boat. i guess u're sailing somewhere to paris and im going to london... hhahahaha
what is the ur target Qu|cksilver? Tnx in advance....congrats!:-)
  • #1,765
  • Dec 14, 2006 8:09am Dec 14, 2006 8:09am
Quoting Qu|cksilver
9843?? we are not in the same boat. i guess u're sailing somewhere to paris and im going to london... hhahahaha
I am also waiting for a signal for gbp turn North, but why you are so misterious, what's your criteria for cable. Mind to share?
  • #1,766
  • Dec 14, 2006 8:14am Dec 14, 2006 8:14am
i just lock my profit. Maybe i won't close until tommorow.. but depend will see in 2hrs later..

Quoting Trader Valsky
what is the ur target Qu|cksilver? Tnx in advance....congrats!:-)
"Invest With The Insiders, Not The Masses" George Muzea
  • #1,767
  • Dec 14, 2006 8:16am Dec 14, 2006 8:16am
Quoting Qu|cksilver
i just lock my profit. Maybe i won't close until tommorow.. but depend will see in 2hrs later..
Tnx a lot bro pls keep us posted here bigboy!!!:-)
  • #1,768
  • Dec 14, 2006 8:24am Dec 14, 2006 8:24am
YEN, i just entered my short. can;t wait for tomorrow

Quoting tathlynq
Kappa is A-OK. Just stating that the BOJ announcement made the CABLE, EUR, NZD, and AUD for days last December. So that may be an announcement even for the CABLE traders to pay attention to. Maybe we need a JPY traders thread going on as well. Go Kappa go!
"Invest With The Insiders, Not The Masses" George Muzea
  • #1,769
  • Dec 14, 2006 8:25am Dec 14, 2006 8:25am
Me thinks this is stalemate!
  • #1,770
  • Dec 14, 2006 8:27am Dec 14, 2006 8:27am
Position 1: I had a Short waiting last night at 1.9743, but it was missed by 31 pips, too bad, it dropped so good. (Still Waiting for Entry Short 1.9743)

Position 2: I had Long waiting at 1.9610, it was triggered this morning with only 6 pips to spare, Exit position at 1.9647 (Positive Trade)

Waiting for next indication to decide Position 3: Wondering now if were are going Long for the rest of the way, or if it is going to stay here and hesitate a while.

Monarch
  • #1,771
  • Dec 14, 2006 8:32am Dec 14, 2006 8:32am
Had a position last night L cable at 1.9660 Limit set at 1.9720. stop at 1.9618. guess what? i woke up to find th at it missed my limit and reversed to catch my stop. "sigh"
Currently, L cable from 1.9624 target again toward 1.9700 . Any suggestion if i should lower my limit ?
  • #1,772
  • Dec 14, 2006 8:33am Dec 14, 2006 8:33am
Man i swear, is there any way that your broker can see your stop and wait till it is run and then take the price down? I mean whenever my stop is hit the price always reverses!!!!!!!!! i mean im not that unlucky am I?
  • #1,773
  • Dec 14, 2006 8:34am Dec 14, 2006 8:34am
Quoting monarch
Position 1: I had a Short waiting last night at 1.9743, but it was missed by 31 pips, too bad, it dropped so good. (Still Waiting for Entry Short 1.9743)

Position 2: I had Long waiting at 1.9610, it was triggered this morning with only 6 pips to spare, Exit position at 1.9647 (Positive Trade)

Waiting for next indication to decide Position 3: Wondering now if were are going Long for the rest of the way, or if it is going to stay here and hesitate a while.

Monarch
What do you think of the upcoming news, Monarch?
  • #1,774
  • Dec 14, 2006 8:36am Dec 14, 2006 8:36am
Quoting SirPipsAlot
Man i swear, is there any way that your broker can see your stop and wait till it is run and then take the price down? I mean whenever my stop is hit the price always reverses!!!!!!!!! i mean im not that unlucky am I?
There's eyes watching you!!
  • #1,775
  • Dec 14, 2006 8:38am Dec 14, 2006 8:38am
Quoting yulvme
Had a position last night L cable at 1.9660 Limit set at 1.9720. stop at 1.9618. guess what? i woke up to find th at it missed my limit and reversed to catch my stop. "sigh"
Currently, L cable from 1.9624 target again toward 1.9700 . Any suggestion if i should lower my limit ?
Its your Call! In my limited experience I always make the wrong call! Personaly I would ask how confident you feel? If it was me I would probably take a small profit and wait for an entry point you feel confident with. But as I said I alway get it wrong!! LOL
  • #1,776
  • Dec 14, 2006 8:40am Dec 14, 2006 8:40am
Quoting SirPipsAlot
Man i swear, is there any way that your broker can see your stop and wait till it is run and then take the price down? I mean whenever my stop is hit the price always reverses!!!!!!!!! i mean im not that unlucky am I?
You'll find scientific explanations here, SirPips

http://www.forexfactory.com/forexfor...ad.php?t=11220

  • #1,777
  • Dec 14, 2006 8:41am Dec 14, 2006 8:41am
Quoting Terri1
Its your Call! In my limited experience I always make the wrong call! Personaly I would ask how confident you feel? If it was me I would probably take a small profit and wait for an entry point you feel confident with. But as I said I alway get it wrong!! LOL
Thanks!
  • #1,778
  • Dec 14, 2006 8:43am Dec 14, 2006 8:43am
I am looking (not predicting) for the price to close between 1.9625 and 1.9637. The Four Hour Candle and its indications that Fixme1too is talking about has me very curious right now.

It seems that the bottom has been tested on the 1 Hour Chart twice at the 1.9603 at 7am (Pacific) yesterday, and 1.9604 at 6am (Pacific) today.

This is helping us see there is not enough Bearish invlovement that it wants to drop hard just yet, the Bulls are hanging to their positions closely, waiting to finish this uptrend for the week.

The channel here which is looking for a breakout, I usually start looking for final positions to be entered during the Thursday trading session.expected there is a 100 pip channel now at 1.9610 to 1.9710.

I will wait for Position 3 after the 9:00 4 Hour Candle Opens(Pacific)

Monarch
  • #1,779
  • Dec 14, 2006 8:56am Dec 14, 2006 8:56am
tomorrow will be short day
"Invest With The Insiders, Not The Masses" George Muzea
  • #1,780
  • Dec 14, 2006 8:59am Dec 14, 2006 8:59am
Quoting Qu|cksilver
tomorrow will be short day
Do you mean in price movement or the hours you spend at the computer?
mama
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