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Cable Update (GBPUSD)

  • #3,501
  • Dec 27, 2006 9:18am Dec 27, 2006 9:18am
Quoting cesarnc
USD/JPY soaring... GBP steady
I wouldn't say soaring in the way I would expect it to with this news and revision, but if any pair would soar with this news I guess the USD/JPY would be as good as any.
Man who scratches ass should not bite fingernails
  • #3,502
  • Dec 27, 2006 9:19am Dec 27, 2006 9:19am
Quoting Leugimp
... I feel more confident trading bubbles when ....it comes to these, and only a push below 9560 would confirm this move.
Patience my dear Leugimp, patience...
  • #3,503
  • Dec 27, 2006 9:19am Dec 27, 2006 9:19am
Quoting MoneyMa$ter
May want to wait until 10:30 am est
agreed

a good lesson in patience for all

im not trading to trade but to make money :



Mike
  • #3,504
  • Dec 27, 2006 9:21am Dec 27, 2006 9:21am
Quoting mbqb11
ya go click your name on home page and click edit options

good thing im watching cross pairs and took a long on the eur/jpy at 155.55
its set to central but all the posts are always 1 hour later than it really is here, any guesses why?
Ghost Swoopen in for my pips while no one is lookin !!
  • #3,505
  • Dec 27, 2006 9:24am Dec 27, 2006 9:24am
Quoting Ghostpipper
its set to central but all the posts are always 1 hour later than it really is here, any guesses why?
Daylight Saving Time?
  • #3,506
  • Dec 27, 2006 9:24am Dec 27, 2006 9:24am
Change the daylight savings time setting by turning it off, that should do the trick
  • #3,507
  • Dec 27, 2006 9:24am Dec 27, 2006 9:24am
Quoting MoneyMa$ter
Patience my dear Leugimp, patience...
I think now i just need to rethink my scenarios. I guess you see it coming out of me, my neverending need to know what is going on at every moment. You are very perceptive, I am itching to do something - thanks for the advice, Im going to go have a cigarette and take my dog for a short walk before I do something stupid.
Man who scratches ass should not bite fingernails
  • #3,508
  • Dec 27, 2006 9:24am Dec 27, 2006 9:24am
yep, my GBPJPY short is behaving very badly. I went downstairs and got stuck making 5 cups of tea for my family. You can imagine my irritation lol.

I know this is a cable thread but a quick JPY update. USDJPY found support on the 50sma 4H chart at 118.27. GBPJPY found support at 231.53 which was roughly the low on the 21st.

I think I'll stick with my position, it's a demo trade and I'd like to see how it pans out in the longer term, but in the mean time... DAMN!
  • #3,509
  • Dec 27, 2006 9:26am Dec 27, 2006 9:26am
Quoting dawnrenee2000
Change the daylight savings time setting by turning it off, that should do the trick
lol the silly forum thinks DST is always working everywhere or something, that did the trick thank u much been an hor behind for what 5 months or so lol was very annoying
Ghost Swoopen in for my pips while no one is lookin !!
  • #3,510
  • Dec 27, 2006 9:30am Dec 27, 2006 9:30am
here we go MoneyMaster, yeah haa
Ghost Swoopen in for my pips while no one is lookin !!
  • #3,511
  • Dec 27, 2006 9:33am Dec 27, 2006 9:33am
Cable bid 9558.... 8 pips from TP....
  • #3,512
  • Dec 27, 2006 9:35am Dec 27, 2006 9:35am
I'll take it...
  • #3,513
  • Dec 27, 2006 9:39am Dec 27, 2006 9:39am
im still standing aside im not convinced yet were at some pretty important levels on my charts

Be careful



Mike
  • #3,514
  • Dec 27, 2006 9:39am Dec 27, 2006 9:39am
Quoting MoneyMa$ter
I'll take it...
totally out wow, what happened to your balls o steel bro?
Ghost Swoopen in for my pips while no one is lookin !!
  • #3,515
  • Dec 27, 2006 9:44am Dec 27, 2006 9:44am
Quoting Ghostpipper
totally out wow, what happened to your balls o steel bro?


My sphincter still intact. I'm in all the way down to 9520 area
  • #3,516
  • Dec 27, 2006 9:45am Dec 27, 2006 9:45am
Quoting Ghostpipper
totally out wow, what happened to your balls o steel bro?
Balls alone dont make money
Man who scratches ass should not bite fingernails
  • #3,517
  • Dec 27, 2006 9:48am Dec 27, 2006 9:48am
Summary
We started around 8:00 am, Cable at 1.9626, typing as fast as I could think/talk, brief break for the news, back in down to 9558, 8 pips away from target. 9550 is fib (Dec 18-20). Cable could still get there and beyond. But about 80 pips overall so far in a slow, holiday, thinly traded, market. I didn't get 80, more like 40-50 but I'll take it.

On the short, others are calling for a short to 9450 or so, another 100 pips, by tomorrow, Thursday. I don't see it but those guys are pretty good at calling targets so I must be missing something. I'll have to get back to you on that one.

Headed to the next task. I hope it was as good for you as it was for me, if not better!!
  • #3,518
  • Dec 27, 2006 9:50am Dec 27, 2006 9:50am
im out 2 lots +14 pips at 19558 no balls here waaaaaayyyy to many losers in last month
Ghost Swoopen in for my pips while no one is lookin !!
  • #3,519
  • Dec 27, 2006 9:51am Dec 27, 2006 9:51am
Quoting Ghostpipper
totally out wow, what happened to your balls o steel bro?
Don't be looking at my balls GP....just hope you made some pips!!
  • #3,520
  • Dec 27, 2006 9:53am Dec 27, 2006 9:53am
Quoting MoneyMa$ter
Don't be looking at my balls GP....just hope you made some pips!!
was gonna let 1 lot ride to the 30s but i need to learn to lock in profits so im out
Ghost Swoopen in for my pips while no one is lookin !!
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