..went short before news at 2.0382 (10 standard lots) then KACHING and thought with number like that cable is one way and no turning back,i set my limit for 150pips an no SL then left...boy i just come back cant believe what happened ...i think i'm short of breath.later!
Cable Update (GBPUSD)
- #34,302
- Oct 5, 2007 11:11am Oct 5, 2007 11:11am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
FYI FMOC Meeting Minutes on Tuesday might be interesting. I see Aud at 91, Cad at 96
"Inflation risks remain", "financial turmoil will take time to resolve"
Then the market goes the way it wants
- #34,303
- Oct 5, 2007 11:15am Oct 5, 2007 11:15am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Good point, although Fed's statements are usually HARD to decode LOL...
"Inflation risks remain", "financial turmoil will take time to resolve"
Then the market goes the way it wants
Thats why I love this game.
Just Trade It
- #34,304
- Oct 5, 2007 11:21am Oct 5, 2007 11:21am
- Joined Jul 2007 | Status: al zahr | 2,820 Posts
long term trading rocks
.
- #34,305
- Oct 5, 2007 11:23am Oct 5, 2007 11:23am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
I am very interested in how these weekly candles are going to finish. 
A doji star or a shooting star on the weekly could signal a bearish week,
a good strong bull candle on the daily might signal for a bullish monday
A doji star or a shooting star on the weekly could signal a bearish week,
a good strong bull candle on the daily might signal for a bullish monday
Just Trade It
- #34,306
- Oct 5, 2007 11:23am Oct 5, 2007 11:23am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Let's make no mistake. Euro at mid-41s is one DAMN ULTRA high level and 1.45 is an obvious target in case Fed cuts. I just don't think we will see this level without a cut and/or a hike from ECB....
Doubt remains: Will cable follow suit or will trade as disgustingly as it is trading lately?
- #34,307
- Oct 5, 2007 11:28am Oct 5, 2007 11:28am
- | Commercial User | Joined Aug 2007 | 6,072 Posts
trying to get back in my shoes, looks like the heat has settled now
Hello World!
- #34,308
- Oct 5, 2007 11:32am Oct 5, 2007 11:32am
whatever
long term trading rocks
Why? Because i look at the daily chart, and i don't see a DAMN thing to close my position lool, and the way ahead looks so big, until further notice.
Of course, the ultimate decision to change was mine. But your good opinion about the dailies was the last nail in my new "home".
After this crazy spike today, where millions got killed, i must say... i feel good!
PS: Next step... how to have a floating position with 5000 pips like Bravado. Oh what a dream LoL.
- #34,309
- Oct 5, 2007 12:31pm Oct 5, 2007 12:31pm
- Joined Mar 2007 | Status: we are stardust, we are golden | 1,364 Posts
Virtue finds and chooses the mean.
Aristotle, Ethica Nichomachea
- #34,310
- Oct 5, 2007 12:37pm Oct 5, 2007 12:37pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Just Trade It
- #34,311
- Oct 5, 2007 1:01pm Oct 5, 2007 1:01pm
- Joined Mar 2007 | Status: we are stardust, we are golden | 1,364 Posts
Not me I was in and out like 7 or 8 times "shoot left, shoot right"
like a drunken cowboy but I came out about 90 pips on top, could of had 120 but made one stupid decision.
Virtue finds and chooses the mean.
Aristotle, Ethica Nichomachea
- #34,312
- Oct 5, 2007 1:05pm Oct 5, 2007 1:05pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Well, consider yourself lucky, most NFP cowboys end up in the morgue
Well then you can just call me John Wayne. There's a reason they call me the Duke.
Sorry but I cant type a John Wayne accent, but you can imagine
That was lame I know
Just Trade It
- #34,314
- Oct 5, 2007 1:45pm Oct 5, 2007 1:45pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Yup, pretty disgusting!
I got up for the NFP, saw the figures, didn't like the feel of the market, and went back to sleep
Thanks for your generosity bohogirl!!!
- #34,316
- Oct 5, 2007 2:16pm Oct 5, 2007 2:16pm
- Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
renamed GBTB (gone back to bed)means - to all please trade lots of lots now as market will be busy.
- #34,317
- Oct 5, 2007 2:31pm Oct 5, 2007 2:31pm
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Okay I just placed my orders in for monday, Hope they get triggered during asia session so I can wake up monday morning and see myself in profit
Then I wont have to worry about which trade to get into and which direction. I will already be in it. I havn't placed an order for monday on a friday in some time. Thats a good sign
Then I wont have to worry about which trade to get into and which direction. I will already be in it. I havn't placed an order for monday on a friday in some time. Thats a good sign
Just Trade It
- #34,319
- Oct 5, 2007 3:07pm Oct 5, 2007 3:07pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Nice weekend to you all... I have to go out with the wife now.. Guess what SHOPPING!!!...
This is the same as "short cable 1 standard at 0301 today"
I'll be around during the weekend. I like to run possible scenarios during the weekend. THat was what saved my butt this week, after chewing that annoying drawdown in euro...
This is the same as "short cable 1 standard at 0301 today"
I'll be around during the weekend. I like to run possible scenarios during the weekend. THat was what saved my butt this week, after chewing that annoying drawdown in euro...
