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Cable Update (GBPUSD)

  • #2,461
  • Dec 19, 2006 2:57am Dec 19, 2006 2:57am
Well........... I am officially baffled on this UP move. I think I'll just go to bed. HA!
Show me the PIPS!
  • #2,462
  • Dec 19, 2006 2:57am Dec 19, 2006 2:57am
Quoting Leugimp
SHORT NOW HARD!!!!! Down to 1.9575
Place stop 15 pips above intra high
Man who scratches ass should not bite fingernails
  • #2,463
  • Dec 19, 2006 2:58am Dec 19, 2006 2:58am
short signal on daily now also. lot of stops blown by the big boys but where would any buyers come from now?
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TRADE FOR SWAP
  • #2,464
  • Dec 19, 2006 2:59am Dec 19, 2006 2:59am
Quoting notouch
There was no gap. It's an issue with your charts or broker.
How can I attach the chart here?..
  • #2,465
  • Dec 19, 2006 2:59am Dec 19, 2006 2:59am
Quoting Leugimp
Place stop 15 pips above intra high

Oh well - day over
Man who scratches ass should not bite fingernails
  • #2,466
  • Dec 19, 2006 3:02am Dec 19, 2006 3:02am
Guys don't fight against a move like this. Stops all the way up to 1.9850 and above are being triggered. Ride the move or stay out - don't fight it.
  • #2,467
  • Dec 19, 2006 3:02am Dec 19, 2006 3:02am
Well I have learnt something today but I dont know what! - I jumped in on that long candle made £62 but should have held on a minute longer would have made a teeny bit more
I need to stick by my rules or system - I seem to get confused when the battle is on!
mama
  • #2,468
  • Dec 19, 2006 3:03am Dec 19, 2006 3:03am
That was the biggest London open I've ever seen on no news... Just straight up from 9500-9650 within just over an hour... Crazy.
  • #2,469
  • Dec 19, 2006 3:03am Dec 19, 2006 3:03am
Quoting 4x_Trader
How can I attach the chart here?..
Why bother? Like I said it's an issue with YOUR broker. The market didn't gap - your broker just missed some data or something. That sometimes happens with shitty brokers.
  • #2,470
  • Dec 19, 2006 3:04am Dec 19, 2006 3:04am
Both the german reports r +. Will stay by the ropes 4 now
  • #2,471
  • Dec 19, 2006 3:04am Dec 19, 2006 3:04am
Quoting mmccormac
Kind of like the NFP & CPI crazy spike straight up then straight down... Today was insane... Good learning lesson. Hope some made money off that move.
I got my 25 at the first of the move fully expecting it to turn about 9530. Just goes to show us that we are at the mercy of the market and we might as well learn to live with it !!
  • #2,472
  • Dec 19, 2006 3:06am Dec 19, 2006 3:06am
Has anybody had any experience trading on Boxing day ?- The markets are open . But there is no UK or US news.
mama
  • #2,473
  • Dec 19, 2006 3:06am Dec 19, 2006 3:06am
Unbelievable Move!!!!
  • #2,474
  • Dec 19, 2006 3:07am Dec 19, 2006 3:07am
i've learned something today, this is bull nuts !!

This is not an investment if it's crazy like this !!

This is the biggest scam for us little traders !!

for those that was lucky enough to have follow the move, well you're just lucky.
  • #2,475
  • Dec 19, 2006 3:07am Dec 19, 2006 3:07am
Quoting fxkenny
I got my 25 at the first of the move fully expecting it to turn about 9530. Just goes to show us that we are at the mercy of the market and we might as well learn to live with it !!
LOL. Take a look at GBP/JPY. It went up 190 pips in 2 hours! I don't know what to do other than laugh. Wish I would have been on the other side of that. Oh well more trading tomorrow... I'm going to bed.
  • #2,476
  • Dec 19, 2006 3:08am Dec 19, 2006 3:08am
Net pips 177+ 4 pound from 00:00GMT
  • #2,477
  • Dec 19, 2006 3:08am Dec 19, 2006 3:08am
Amen yulvme ! This is NUTZ! I said I was going to bed............. so really now. I am going.
Show me the PIPS!
  • #2,478
  • Dec 19, 2006 3:08am Dec 19, 2006 3:08am
Quoting yulvme
i've learned something today, this is bull nuts !!

This is not an investment if it's crazy like this !!

This is the biggest scam for us little traders !!

for those that was lucky enough to have follow the move, well you're just lucky.
I think you are right - win some lose some
mama
  • #2,479
  • Dec 19, 2006 3:09am Dec 19, 2006 3:09am
This is a huge move. By following my system I stayed out of the shorts, didn't have a signal for a long so I didn't lose any pips.


Whats the saying gamblers use " A push is as good as a win"
  • #2,480
  • Dec 19, 2006 3:13am Dec 19, 2006 3:13am
Quoting yulvme
i've learned something today, this is bull nuts !!

This is not an investment if it's crazy like this !!

This is the biggest scam for us little traders !!

for those that was lucky enough to have follow the move, well you're just lucky.
It sounds like you're caught in the hype of things. Do you have a method or a strat? I caught this whole move on the GBP/CHF, praise God and my target was just met within 5 pips, it could have gone the other way no doubt, but it would have met up with my damage control. Starts inherently capture lucky breaks sometimes.
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