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Cable Update (GBPUSD)

  • #48,261
  • Jan 4, 2008 8:44am Jan 4, 2008 8:44am
closed my long at break of old bearish channel -im going to wait and see what happens
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #48,262
  • Jan 4, 2008 8:48am Jan 4, 2008 8:48am
Quoting forexguru
you said you was short befor news, after you went long?
yes I was LONG before NEWs
  • #48,263
  • Jan 4, 2008 8:49am Jan 4, 2008 8:49am
Quoting forexguru
you said you was short befor news, after you went long?
Collected loss wirh Short
  • #48,264
  • Jan 4, 2008 8:49am Jan 4, 2008 8:49am
Someone has to be right. Stock market wrong, going down. Bonds going up. Bonds taking USD higher. Thats not guessing thats what the market is telling me. Like was said the spike up on the news was nice chance to short.

So guess that guy in the bull picture was a long instead of a short.
  • #48,265
  • Jan 4, 2008 8:52am Jan 4, 2008 8:52am
for down its still need to break 9733
  • #48,266
  • Jan 4, 2008 8:57am Jan 4, 2008 8:57am
cable is allready much down its time turn back up
  • #48,267
  • Jan 4, 2008 9:01am Jan 4, 2008 9:01am
I am short from 1.9808
  • #48,268
  • Jan 4, 2008 9:02am Jan 4, 2008 9:02am
its big fall now - it should be go down now
  • #48,269
  • Jan 4, 2008 9:05am Jan 4, 2008 9:05am
f@ck CMS...

I was out to lunch and left a LIMIT SELL order at 1.9800 with STOP LOSS AT -52 PIPS and LIMIT PROFIT AT +100 PIPS

I was stopped to the pip (high of day at CMS: 1.9848). Now NorthFinance high of day was 1.9845 so instead of being on the verge of pocketing 100 pips I lost 52 pips
  • #48,270
  • Jan 4, 2008 9:07am Jan 4, 2008 9:07am
Quoting camisa
f@ck CMS...

I was out to lunch and left a LIMIT SELL order at 1.9800 with STOP LOSS AT -52 PIPS and LIMIT PROFIT AT +100 PIPS

I was stopped to the pip (high of day at CMS: 1.9848). Now NorthFinance high of day was 1.9845 so instead of being on the verge of pocketing 100 pips I lost 52 pips
Good for you - unlike some people you are in touch with reality and owning up to your losses - you have a good chance to make nice gains in future
  • #48,271
  • Jan 4, 2008 9:10am Jan 4, 2008 9:10am
Quoting Designer1
its big fall now - it should be go down now
How far down do you think?
  • #48,272
  • Jan 4, 2008 9:13am Jan 4, 2008 9:13am
Quoting Rogue$Trader
Someone has to be right. Stock market wrong, going down. Bonds going up. Bonds taking USD higher. Thats not guessing thats what the market is telling me. Like was said the spike up on the news was nice chance to short.

So guess that guy in the bull picture was a long instead of a short.
Yes he was.

But we get the idea.
Humble Lifetime Member
  • #48,273
  • Jan 4, 2008 9:13am Jan 4, 2008 9:13am
Quoting Dexter
How far down do you think?
it should kiss 1.9695 at least
  • #48,274
  • Edited 9:16am Jan 4, 2008 9:13am | Edited 9:16am
What a ridiculous thread, it's generally popultaed/ruined by folk jusst trying to outdo each other with late trading calls.

When posting a late (out of the spread) call it's helpful to say why you are taking the trade.

EG: the set-up at 9850 resistance post NFP. I had a trigger set-up supported by other conditions as shown and explained below:

A 1min (trigger) Reversal set-up with Extreme oscillator readings (chart to the right) supported by the breech of 2nd fib tunnel extreme, upper donchian channel and 61.8 resistance channel on 1min (top left), and upper donchian channel and extreme fib tunnel on 15min small secondary chart (bottom left,) and unusually 2 whole reversal candles closing outside the 20bol (white) on the main 1min chart.

This was supported by Reversal set-ups on the 5min (intermediate time frame) and 15min charts.
Attached Image (click to enlarge)
Click to Enlarge Name: 1min Reversal Extreme.gif Size: 27 KB
ex member
  • #48,275
  • Jan 4, 2008 9:26am Jan 4, 2008 9:26am
Quoting lessy
i keep my short @1.9778.
may be not a good idea, but i just wanna try give some space for cable...
if NFP wanna bring cable up... it suppose to be up already...



take profit at 1.9752...
QS, is it possible market close lower than 1.9590....?
(i think cause it's friday, then cable follow the bigger tren).
thank You
Never Give Up.....
  • #48,276
  • Jan 4, 2008 9:30am Jan 4, 2008 9:30am
Quoting lessy
take profit at 1.9752...
QS, is it possible market close lower than 1.9590....?
(i think cause it's friday, then cable follow the bigger tren).
thank You
I think better stay away if you already take profit. Take a rest and continue next week. Today unpredictable. Alot of up and down.

I close my short with 54 pips.
"Invest With The Insiders, Not The Masses" George Muzea
  • #48,277
  • Jan 4, 2008 9:32am Jan 4, 2008 9:32am
i'm with CMS since Sep 2004 but I think I'll finally try another broker...

FXOpen anyone uses them?
  • #48,278
  • Jan 4, 2008 9:37am Jan 4, 2008 9:37am
Quoting Qu|cksilver
I think better stay away if you already take profit. Take a rest and continue next week. Today unpredictable. Alot of up and down.

I close my short with 54 pips.

Thank You.
today is a hard day for me... i don't know how could You survive in this business for such a long time... but I hope someday I could be like You...


i'm out...
Never Give Up.....
  • #48,279
  • Jan 4, 2008 9:50am Jan 4, 2008 9:50am
Quoting lessy
Thank You.
today is a hard day for me... i don't know how could You survive in this business for such a long time... but I hope someday I could be like You...


i'm out...
coz it's my way to get some meal for me and my family... poor me....

how about malang's apple Mr. Bumblebee...
  • #48,280
  • Jan 4, 2008 9:50am Jan 4, 2008 9:50am
Its not been an easy trading day not so long ago I would have lost a sh t load of money

I would still like my 1.9650 -1.9590 still thinking short January is asking for it

were to close to leave it
On-site guru & also FF member's' psychiatrist, when not drinking tea
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