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Cable Update (GBPUSD)

  • #31,961
  • Sep 20, 2007 11:03am Sep 20, 2007 11:03am
Warper! If I use S/R for SL then I put not just below/above but with a threshold say 10 pips
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  • #31,962
  • Sep 20, 2007 11:04am Sep 20, 2007 11:04am
Does anyone thinking in short EUR/GBP?

To me this pair is too overbought, it already hit 0.7000 and tomorrow is friday so i think we will see a big profit taking on EUR, but i don't think this is going to happen with GBP either, so it could be a nice spot to short.

Any thoughs?
No Brain, no Gain.
  • #31,963
  • Sep 20, 2007 11:05am Sep 20, 2007 11:05am
Quoting bullrock
Warper! If I use S/R for SL then I put not just below/above but with a threshold say 10 pips
Sometimes I add at the breakout from the previous bar when the bar is large enough ie volatility breakout.
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  • #31,964
  • Sep 20, 2007 11:10am Sep 20, 2007 11:10am
Quoting BGazzoni
Does anyone thinking in short EUR/GBP?

To me this pair is too overbought, it already hit 0.7000 and tomorrow is friday so i think we will see a big profit taking on EUR, but i don't think this is going to happen with GBP either, so it could be a nice spot to short.

Any thoughs?
You'll need a confirmation I think first... Otherwise you migh loose your shirt... The trend is very strong... Have fun.. Just trying to help.
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  • #31,965
  • Sep 20, 2007 11:15am Sep 20, 2007 11:15am
Quoting bullrock
You'll need a confirmation I think first... Otherwise you migh loose your shirt... The trend is very strong... Have fun.. Just trying to help.
That's right BR. I'm waiting for confirmation since tuesday pin bar, but it didn't happened... I just excited to short this thing but will be better to wait a little more
No Brain, no Gain.
  • #31,966
  • Sep 20, 2007 11:16am Sep 20, 2007 11:16am
Quoting bullrock
It seems that I have totally missed my favourite pairs USDCHF falling like an idiot and USDJPY the same... WTF. Whatever I am happy with my GU. Trying to control my greed... Discipline *** sake...
Did tell you yesterday nite abt the breakout on UJ.. lol...
I missed second part working... stupid senior management called for meeting and had to stay late..

missed all the new york fun.. whats ur status like? any open? i just opened a short on Fiber.. Cable doesn't look attractive on the charts imho..
  • #31,967
  • Sep 20, 2007 11:18am Sep 20, 2007 11:18am
Quoting BGazzoni
Does anyone thinking in short EUR/GBP?

To me this pair is too overbought, it already hit 0.7000 and tomorrow is friday so i think we will see a big profit taking on EUR, but i don't think this is going to happen with GBP either, so it could be a nice spot to short.

Any thoughs?
2 me this pair has broken monthly trendline
,...on my chart euro aint gona stop till 1.44 and gbp might not outperform the euro (especialy now that it has broken the 0.7,.... untill late october 26 i think), so i wouldnt go for that trade, maybe shorter time frames yes...as u wish ofcorse....
its just money
  • #31,968
  • Sep 20, 2007 11:20am Sep 20, 2007 11:20am
So much for Kiyo Jr's SELL NOW!!! 100-150 pips movement down!!!
"Longs must be shaking on your knees rite now"...
Its 100 pips up from ur call. Btw.. my TP reached anyway.. u can have ur shorts now.
Ok.. Im being rude here.. I apologize..
  • #31,969
  • Sep 20, 2007 11:22am Sep 20, 2007 11:22am
Quoting de123
2 me this pair has broken monthly trendline
,...on my chart euro aint gona stop till 1.44 and gbp might not outperform the euro (especialy now that it has broken the 0.7,.... untill late october 26 i think), so i wouldnt go for that trade, maybe shorter time frames yes...as u wish ofcorse....
long trend maybe ( i haven't looked at the long term charts) .. at the moment fiber to me is going to retrace to below 1.4000
Its Friday Tomorrow. Good chance traders will close off positions and take profit.
  • #31,970
  • Sep 20, 2007 11:24am Sep 20, 2007 11:24am
Quoting dd33
So much for Kiyo Jr's SELL NOW!!! 100-150 pips movement down!!!
"Longs must be shaking on your knees rite now"...
Its 100 pips up from ur call. Btw.. my TP reached anyway.. u can have ur shorts now.
Ok.. Im being rude here.. I apologize..
lol... can i have my short now? (i'm already in a few pips off the daily high..)
  • #31,971
  • Sep 20, 2007 11:29am Sep 20, 2007 11:29am
Quoting leachimeewg
lol... can i have my short now? (i'm already in a few pips off the daily high..)
I thought u only short on Euro.. dont tell me u short the whole world???
Man.. U gotta have some nerves made of steel there. I wish u good luck bro.

Btw.. can u push Euro down BIG.. I wanna buy on dips.. thanx..
  • #31,972
  • Sep 20, 2007 11:35am Sep 20, 2007 11:35am
Quoting dd33
So much for Kiyo Jr's SELL NOW!!! 100-150 pips movement down!!!
"Longs must be shaking on your knees rite now"...
Its 100 pips up from ur call. Btw.. my TP reached anyway.. u can have ur shorts now.
Ok.. Im being rude here.. I apologize..
That's my problem with the size 8 bold Times New Roman calls. They usually end in embarassement, double the move to the other side, stoploss spree, the whole deal...

That's a shame...
  • #31,973
  • Sep 20, 2007 11:37am Sep 20, 2007 11:37am
Quoting dd33
I thought u only short on Euro.. dont tell me u short the whole world???
Man.. U gotta have some nerves made of steel there. I wish u good luck bro.

Btw.. can u push Euro down BIG.. I wanna buy on dips.. thanx..
ha ha ha ha.. be nice.. lol.. i'm short on Fiber.. if i'm short the whole world.. i would need balls of steel.. ha ha ha

I'll try to push Fiber down, don't think i'll do much with my little pips.. i'm looking at a retrace down to 114.40 to 114.30 range after looking at my charts.. we'll see upside on the fiber next week but could then see a big pullback before any upside..
  • #31,974
  • Sep 20, 2007 11:38am Sep 20, 2007 11:38am
Quoting cesarnc
That's my problem with the size 8 bold Times New Roman calls. They usually end in embarassement, double the move to the other side, stoploss spree, the whole deal...

That's a shame...
We sould ask to quicksilver to put the lousy calls in the first page and keep it updated lol
No Brain, no Gain.
  • #31,975
  • Sep 20, 2007 11:41am Sep 20, 2007 11:41am
Quoting cesarnc
That's my problem with the size 8 bold Times New Roman calls. They usually end in embarassement, double the move to the other side, stoploss spree, the whole deal...

That's a shame...
Hall of Shame!!
  • #31,976
  • Sep 20, 2007 11:44am Sep 20, 2007 11:44am
Quoting cesarnc
That's my problem with the size 8 bold Times New Roman calls. They usually end in embarassement, double the move to the other side, stoploss spree, the whole deal...

That's a shame...
could we get him back to post long FIBER ? i have some short calls on that
  • #31,977
  • Sep 20, 2007 11:50am Sep 20, 2007 11:50am
Quoting cesarnc
Officials on the wires DO MATTER. They just DO.

I learned it the hard way.
It does NOT matter to my trading, it's all in the charts.
Trade what you see, not what you think.
  • #31,978
  • Sep 20, 2007 11:50am Sep 20, 2007 11:50am
I'm exhausted.... See you guys later....

Now short euro 4080 SL 4120 tiny position huge target. Will lock B/E ASAP....- if I get the chance..........
  • #31,979
  • Sep 20, 2007 11:52am Sep 20, 2007 11:52am
Quoting cesarnc
I'm exhausted.... See you guys later....

Now short euro 4080 SL 4120 tiny position huge target. Will lock B/E ASAP....- if I get the chance..........
seeya cesar
  • #31,980
  • Sep 20, 2007 11:52am Sep 20, 2007 11:52am
Quoting karmostaji
It does NOT matter to my trading, it's all in the charts.
Oh no karmo, I like you too much to have that discussion with you. I have that kind of discussion here previously.

you shorted 0080, so your charts didn't tell you 0144 would be traded first. It was and you vanished. now at 0089 you pop again...

Anyone who followed you call and chart had to chew a 64 pips drawdown, possibly getting stopped out. So this is not right. Sorry.
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