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Cable Update (GBPUSD)

  • #61,301
  • Apr 10, 2008 11:04am Apr 10, 2008 11:04am
Quoting Runway Trade
I tink I must me my TP to S1 this going down hard!
I think it is too late as my PT has been triggerred at 1.9740. I am happy with it . I have 3 Mini lots going on for PT 1.9650 and 2 lots of Mini on PT 1.9650 as well. I guess it is not too late for my 5 mini lots. Hurreeeeeeeeeeeeeeee
  • #61,302
  • Apr 10, 2008 11:04am Apr 10, 2008 11:04am
Long Again at 1.9734........ lets see what happens
  • #61,303
  • Apr 10, 2008 11:09am Apr 10, 2008 11:09am
Quoting Tmac
9300 ish next week or 2

who knows? soros does but he aint talking
I think 94 will happen at least. After I get a confirmation bar at the end of this month for the monthly chart, then I really look to see low 90's. After that, it's anyone's guess. I'm no fortune teller lol
I dream, therefore I become.
  • #61,304
  • Apr 10, 2008 11:14am Apr 10, 2008 11:14am
Quoting DJ4x
Long Again at 1.9734........ lets see what happens
MR. dj i WENT IN TO very short at 1.9744 and take out at 1.9730. I love this currentl situation.... Because I can't believe on subjective notes any thing can happen in this trading business so whereever I see more than 100 bucks I am out. At least I got my loss back $500-600 from my 2000........

I know this is not a good trading but I was in deep shit this early morning and i don't have other choice but taking out Profit on a short term......

Thanks Mr. DJ
  • #61,305
  • Apr 10, 2008 11:15am Apr 10, 2008 11:15am
Quoting DJ4x
Long Again at 1.9734........ lets see what happens

  • #61,306
  • Apr 10, 2008 11:18am Apr 10, 2008 11:18am
I've been short since 1.9791. Will try to keep this for a while.
  • #61,307
  • Apr 10, 2008 11:18am Apr 10, 2008 11:18am
Quoting AmeriTrini
I am not an excellent trader not even a very good trader. I can't go against the trend for today. I think I am gonna back off of from my standard account for a while and observe the trend.....

Thanks,
  • #61,308
  • Apr 10, 2008 11:25am Apr 10, 2008 11:25am
Quoting asyed4
MR. dj i WENT IN TO very short at 1.9744 and take out at 1.9730. I love this currentl situation.... Because I can't believe on subjective notes any thing can happen in this trading business so whereever I see more than 100 bucks I am out. At least I got my loss back $500-600 from my 2000........

I know this is not a good trading but I was in deep shit this early morning and i don't have other choice but taking out Profit on a short term......

Thanks Mr. DJ
I do not trade very high leverage. 1% of account balance. I do not risk too much on one entry....
  • #61,309
  • Apr 10, 2008 11:34am Apr 10, 2008 11:34am
Quoting DJ4x
I do not trade very high leverage. 1% of account balance. I do not risk too much on one entry....
That what I was doing - risk too much even I have 200:1 leverage and that is why I was in deep shit.
So my plan is go back to my home work - how much I can afford to take risk and when I am make sure that this trade or any trade will work 100% for me then I would enter otherwise just doing the trading in my mini accounts with 200:1 leverage with 1 lot at a time ......

Thanks,
  • #61,310
  • Apr 10, 2008 11:37am Apr 10, 2008 11:37am
Quoting DJ4x
Long Again at 1.9734........ lets see what happens
are u sure about that??? it's testing a significant support on daily and 4h chart right now..... i don't mean anything.. but...
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struggle in life is never ending
  • #61,311
  • Edited 11:51am Apr 10, 2008 11:37am | Edited 11:51am
I close my hedge long 2.0156 at 1.9724 without doubtfull ! 3 short : 1 long, enough to reach BEP.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #61,312
  • Apr 10, 2008 11:53am Apr 10, 2008 11:53am
I close my shorts at about daily pivot 1.9728
Now it's holding the price.
And open some longs for about 20 pips waiting for Mr Bernanke.
  • #61,313
  • Apr 10, 2008 11:55am Apr 10, 2008 11:55am
Quoting deviance
are u sure about that??? it's testing a significant support on daily and 4h chart right now..... i don't mean anything.. but...
mmmmm like i said.. lets see
  • #61,314
  • Apr 10, 2008 12:00pm Apr 10, 2008 12:00pm
Quoting DJ4x
mmmmm like i said.. lets see
wow... u got that one very good
struggle in life is never ending
  • #61,315
  • Apr 10, 2008 12:08pm Apr 10, 2008 12:08pm
Quoting mike w
This is true, I wish I could post my 8 hour charts which will be closing in about a half an hour. It will be closing as a perfect pin off of resistance or slightly more bearish even. There is a solid chance that the daily will close as a pin bar or overall bearish bar, but that's still a good ways away yet. If it does, I will add to my short position yet again. The monthly says it all folks. JUST THINK and you will make money.
That’s interesting Mike you trade off the 8hr.I trade using MT4 which dose not have an 8hr but I do have a multiplier indicator which could make an 8hr if you thought the 8 is a good TF to watch.
I mean I don’t use MT4 Just cause its free ,I really like it .When I started I paid for Meta Stock ver 10 (actually own it)which I didn’t think was any better than MT4.
So basically I also wondered what charting package you use.
And also Ameri I know you pay for charting wondered if you would let me know what charting you use.
Hope that’s not to personal a question guys and I promise not about to ask your inside leg measurement,lol
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #61,316
  • Apr 10, 2008 12:14pm Apr 10, 2008 12:14pm
Quoting mike w
I think 94 will happen at least. After I get a confirmation bar at the end of this month for the monthly chart, then I really look to see low 90's. After that, it's anyone's guess. I'm no fortune teller lol
9620 is 1st TP
2nd will be about 9550 near term
Don't chase the market, Let the market come to you
  • #61,317
  • Apr 10, 2008 12:14pm Apr 10, 2008 12:14pm
so wat did bernanke say?
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #61,318
  • Apr 10, 2008 12:26pm Apr 10, 2008 12:26pm
http://www.bloomberg.com/index.html?Intro=intro3
  • #61,319
  • Apr 10, 2008 12:26pm Apr 10, 2008 12:26pm
I'm still short from 1.9903. Let's see how the G-7. Next week we have inflation numbers from the uk and the us.
  • #61,320
  • Apr 10, 2008 12:51pm Apr 10, 2008 12:51pm
did I hear correctly that on Bloomberg said that FED will cut rates of another 50bp?

sorry for my english.
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