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Cable Update (GBPUSD)

  • #68,941
  • Jun 3, 2008 8:37am Jun 3, 2008 8:37am
my equity begining to rumble.....and shaking...
Keep Learning and you'll get what you want...
  • #68,942
  • Jun 3, 2008 8:38am Jun 3, 2008 8:38am
If I Go Broke Trying Then I Will die happy.
  • #68,943
  • Jun 3, 2008 8:39am Jun 3, 2008 8:39am
Overall... trend still up... so 1.97 waiting
  • #68,944
  • Jun 3, 2008 8:39am Jun 3, 2008 8:39am
Quoting Moe
still have my other trade long at 9620 so far it's holding up good.
In a few minutes you might be able to enter again at that price...
  • #68,945
  • Jun 3, 2008 8:45am Jun 3, 2008 8:45am
This could be a measured move, if it is then target would be 1.9550...
We'll see how it unfolds
Getting it right is NOT as important as not getting it wrong.
  • #68,946
  • Jun 3, 2008 8:47am Jun 3, 2008 8:47am
Quoting tomaz55
closed long at 9727 for +109 pips

now short same price
quality trading mate!
Trading is 80% Emotional, 20% Technical
  • #68,947
  • Jun 3, 2008 8:48am Jun 3, 2008 8:48am
i'm in a trade with buy @ 1.97.. so that's why i want to know if we will see anytime soon 1.97 again.. if not to close it.. at least where will end the retrace ?

thx all
  • #68,948
  • Jun 3, 2008 8:50am Jun 3, 2008 8:50am
Quoting fx local
quality trading mate!
I second that.
  • #68,949
  • Jun 3, 2008 8:52am Jun 3, 2008 8:52am
I'm going long 1.9628.... if drops further will take another position near 1.9570
  • #68,950
  • Jun 3, 2008 8:52am Jun 3, 2008 8:52am
Quoting MasAdhi
my equity begining to rumble.....and shaking...
If I Go Broke Trying Then I Will die happy.
  • #68,951
  • Jun 3, 2008 8:52am Jun 3, 2008 8:52am
Quoting eye4spot
i'm in a trade with buy @ 1.97.. so that's why i want to know if we will see anytime soon 1.97 again.. if not to close it.. at least where will end the retrace ?

thx all
sorry to isapointed you but this cable stuck in 9589 to 9699... just kiding...
Keep Learning and you'll get what you want...
  • #68,952
  • Jun 3, 2008 8:53am Jun 3, 2008 8:53am
Quoting eye4spot
i'm in a trade with buy @ 1.97.. so that's why i want to know if we will see anytime soon 1.97 again.. if not to close it.. at least where will end the retrace ?

thx all
dude when u entered the position
did u put s/l
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #68,953
  • Jun 3, 2008 8:57am Jun 3, 2008 8:57am
Quoting MasAdhi
sorry to isapointed you but this cable stuck in 9589 to 9699... just kiding...
no your right either side haven't broke hard yet.
If I Go Broke Trying Then I Will die happy.
  • #68,954
  • Jun 3, 2008 8:57am Jun 3, 2008 8:57am
Let's see how the 10:00 am EST data impact this move...
Getting it right is NOT as important as not getting it wrong.
  • #68,955
  • Jun 3, 2008 8:58am Jun 3, 2008 8:58am
nope.. no sl today.. overall i will get out if we hit at least 1.968 @ 50% of the impulse.. this will be a major loss althow..
  • #68,956
  • Jun 3, 2008 8:59am Jun 3, 2008 8:59am
Quoting eye4spot
i'm in a trade with buy @ 1.97.. so that's why i want to know if we will see anytime soon 1.97 again.. if not to close it.. at least where will end the retrace ?

thx all
i wound't take no more then 100 pip lost on this long, i hope you have a system where s/l is use.
If I Go Broke Trying Then I Will die happy.
  • #68,957
  • Jun 3, 2008 9:01am Jun 3, 2008 9:01am
Quoting Moe
i wound't take no more then 100 pip lost on this long, i hope you have a system where s/l is use.
forgot cable euro is the one!!
Trading is 80% Emotional, 20% Technical
  • #68,958
  • Jun 3, 2008 9:04am Jun 3, 2008 9:04am
Quoting eye4spot
nope.. no sl today.. overall i will get out if we hit at least 1.968 @ 50% of the impulse.. this will be a major loss althow..
I'm not saying this will hold, but the daily trend has been overall down since 3/14.
Attached Image (click to enlarge)
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  • #68,959
  • Jun 3, 2008 9:13am Jun 3, 2008 9:13am
Quoting tomaz55
closed long at 9727 for +109 pips

now short same price
closed short at 9610 for another +117 pips

+226 for today, enough for me, flat till tomorrow
  • #68,960
  • Jun 3, 2008 9:13am Jun 3, 2008 9:13am
commodities seem to be retracing back
"what doesn't bankrupt me, makes me stronger" modern nietzche
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