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Cable Update (GBPUSD)

  • #32,581
  • Sep 25, 2007 6:50am Sep 25, 2007 6:50am
Quoting bullrock
I am gonna put a pipe in by bottom then...
and then sit on a candle and light it...
  • #32,582
  • Sep 25, 2007 6:52am Sep 25, 2007 6:52am
Quoting allserene
and then sit on a candle and light it...
Ok willl do...
How is your things going over the ocean? How is your new broker?
.
  • #32,583
  • Sep 25, 2007 6:57am Sep 25, 2007 6:57am
Quoting allserene
and then sit on a candle and light it...
You mean this one?

http://johntunger.typepad.com/studio...fire_bowl3.jpg

"Invest With The Insiders, Not The Masses" George Muzea
  • #32,584
  • Sep 25, 2007 7:06am Sep 25, 2007 7:06am
Closed GJ in BE and GU long hope will be OK
.
  • #32,585
  • Sep 25, 2007 7:10am Sep 25, 2007 7:10am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting cesarnc
LOL... Of course I go techis in times like this. And as I said before, Jacko's thread is the only one (that I know) where you see more profit takings than whinnings. This strategy is a killer.

HOWEVER, I can't afford staying out of the market for like 2 months before euro resumes trading, so I take some chances going short at it.

Euro is not the kind of pair you can go for quicky daily pips. You'd better take a position and wait until your homerun comes. In the meawhile it doesn't push you to annoying huge drawdowns....

For somebody looking for cardiovascular health preservation, like you said you are, it's a good call..
I also found someone trading GU using his system but with a 75pip SL, they seem happy it's working, there on one of the GJ threads http://forexfactory.com/showpost.php...ostcount=13459
  • #32,586
  • Sep 25, 2007 7:16am Sep 25, 2007 7:16am
Quoting cesarnc
cardiovascular health preservation
.
  • #32,587
  • Sep 25, 2007 7:18am Sep 25, 2007 7:18am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting bullrock
Closed GJ in BE and GU long hope will be OK
i wasn't expecting it ot make .0100, but i have just had some good long signals, at this time i would expect .200 if it breaks the daily pivot.

I'm out until news is released to give this pair a boost.
  • #32,588
  • Sep 25, 2007 7:23am Sep 25, 2007 7:23am
Quoting MPP
i wasn't expecting it ot make .0100, but i have just had some good long signals, at this time i would expect .200 if it breaks the daily pivot.

I'm out until news is released to give this pair a boost.
All I need is 40 pips than I am happy man... I have entered + .0040 pips < .0200 So it is fine.
.
  • #32,589
  • Sep 25, 2007 7:41am Sep 25, 2007 7:41am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting bullrock
All I need is 40 pips than I am happy man... I have entered + .0040 pips < .0200 So it is fine.
on my 1 hr i've got a 50ema at .0163, may take a bounce of that so watch closely.

up 100 pips already, don't be greedy. i need GJ to fall so get out soon.
  • #32,590
  • Sep 25, 2007 8:11am Sep 25, 2007 8:11am
Quoting bullrock
Ok willl do...

How is your things going over the ocean? How is your new broker?

Arrive in the US November 5th... been married 2 years on the 4th so I get an unconditional green card . Then if wifey goes off with one of those good looking latino dudes, i dont have to sell my Toyota....
FXCM ? scratchy charts - much harder to handle than cmc spreadbet and 'at best' deals instead of specific pip deals.
When i set up an order the charts disappear until I deal so i cant get a picture of whats happening...The spread is often 4 + whereas it is ALWAYS 3 with cmc
but i like the way it quotes close out price as the valuation rather than mid market...

So some good and some bad... still a bit unfamiliar and i run spreadbet at the same time. . Lost a bit so far but then made it all back so in this market that is GOOD !

Need a good way to short the DOW when I get to USA. Otherwise I will get itchy and use my london spreadbet and then get jailed for 2999 years like they do.
  • #32,591
  • Sep 25, 2007 8:13am Sep 25, 2007 8:13am
Quoting allserene
Arrive in the US November 5th... been married 2 years on the 4th so I get an unconditional green card . Then if wifey goes off with one of those good looking latino dudes, i dont have to sell my Toyota....
FXCM ? scratchy charts - much harder to handle than cmc spreadbet and 'at best' deals instead of specific pip deals.
When i set up an order the charts disappear until I deal so i cant get a picture of whats happening...The spread is often 4 + whereas it is ALWAYS 3 with cmc
but i like the way it quotes close out price as the valuation rather than mid market...

So some good and some bad... still a bit unfamiliar and i run spreadbet at the same time. . Lost a bit so far but then made it all back so in this market that is GOOD !

Need a good way to short the DOW when I get to USA. Otherwise I will get itchy and use my london spreadbet and then get jailed for 2999 years like they do.
.
  • #32,592
  • Sep 25, 2007 8:19am Sep 25, 2007 8:19am
Euro shorts doing good?
  • #32,593
  • Sep 25, 2007 8:25am Sep 25, 2007 8:25am
Being a new trader I really enjoy reading all the information that is put in this forum. I've been trading long enough to have learned " some" lessons - both good and bad. Thanks for all the info.

P.S. - I hope you don't mind some questions once in awhile....
  • #32,594
  • Sep 25, 2007 8:34am Sep 25, 2007 8:34am
Closed my long and short GU again at 2.0150
Let's see what cable give me.. shit or pips?
"Invest With The Insiders, Not The Masses" George Muzea
  • #32,595
  • Sep 25, 2007 8:36am Sep 25, 2007 8:36am
i like your style of putting one through on this thread.
bro, what do u fell about cable at this point in time. i missed alot today with some lost of $. so plz. i will like u to take a look at your chart and is if could see one or two thing that can help in making some to green pips. do i go short now or long?
thanks, keep the good work going.
Mcmartins...

Quoting bullrock
All I need is 40 pips than I am happy man... I have entered + .0040 pips < .0200 So it is fine.
  • #32,596
  • Sep 25, 2007 8:37am Sep 25, 2007 8:37am
Quoting firemed36
Being a new trader I really enjoy reading all the information that is put in this forum. I've been trading long enough to have learned " some" lessons - both good and bad. Thanks for all the info.

P.S. - I hope you don't mind some questions once in awhile....
There are old traders, and there are bold traders - but there are no old, bold traders

I have been 'doing it' since 2004 but I am still small scale usually....still formulating the magic system. Trouble is when I find one that does ok, I always try and improve it and that is when the trouble starts...

I reckon I will keep my 'ok' system and gradually scale it up...

Before the last couple of weeks (when sanity reigned)I was making money 4 days out of 5 every week but on a cautious scale. Now I am stupidly playing and then fighting to recoup my losses - I have done so far but its too much like hard work.

stop losses are a nasty horrible invention of the devil and the market knows where mine are right to 1 pip... but I don't ride bareback nowadays....
  • #32,597
  • Sep 25, 2007 8:39am Sep 25, 2007 8:39am
Quoting Qu|cksilver
Closed my long and short GU again at 2.0150
Let's see what cable give me.. shit or pips?
Just stopout.. so continue long..
"Invest With The Insiders, Not The Masses" George Muzea
  • #32,598
  • Sep 25, 2007 8:44am Sep 25, 2007 8:44am
Cable in the daily is doing pretty much the same as yesterday, opposite direction....

Tell me about direction....
  • #32,599
  • Sep 25, 2007 8:44am Sep 25, 2007 8:44am
Housing data leaked?
  • #32,600
  • Sep 25, 2007 8:50am Sep 25, 2007 8:50am
Quoting bullrock
Closed GJ in BE and GU long hope will be OK
I fthe housing fig from USA are as predicted than GBP is going up, right. Do you think it will be by much or just a few pips?
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