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Cable Update (GBPUSD)

  • #79,561
  • Aug 4, 2008 6:40am Aug 4, 2008 6:40am
I do not see any bottom.
  • #79,562
  • Aug 4, 2008 6:41am Aug 4, 2008 6:41am
Long @ 1.9699, trigger finger was spazzy. Gotta get that looked at.

Quoting Alastair
What you long @?
  • #79,563
  • Aug 4, 2008 6:45am Aug 4, 2008 6:45am
Quoting tacamonchi
I do not see any bottom.
Thats because we looking into a bucket of muddy water!!
Keep It Simple Stupid
  • #79,564
  • Aug 4, 2008 6:59am Aug 4, 2008 6:59am
Quoting DJ4x
Hi...
Just checked in. Yes I am still holding long at 1.9756 (-85 as I type) and just took another long at 1.9674.... Median is around 1.9800 yes, so good place to buy....
Happy trading all
do you have a SL. for 1.9756?

i'm long @ 1.9715 and also have a pending order @ 1.9650 ( I will move it lower if nessesary) however i'm not sure if i should put implement a SL for this order and let it ride it out with time "if nessesary"

Good luck trading everyone...
  • #79,565
  • Aug 4, 2008 7:00am Aug 4, 2008 7:00am
Quoting tacamonchi
I do not see any bottom.
Then turn her around!
  • #79,566
  • Aug 4, 2008 7:10am Aug 4, 2008 7:10am
Quoting Manny
do you have a SL. for 1.9756?...
Don't trade with stop losses.
  • #79,567
  • Aug 4, 2008 7:14am Aug 4, 2008 7:14am
This thing is going below 1.9654 .
  • #79,568
  • Aug 4, 2008 7:26am Aug 4, 2008 7:26am
Quoting DJ4x
Don't trade with stop losses.
sounds like a good plan...
  • #79,569
  • Aug 4, 2008 7:28am Aug 4, 2008 7:28am
Quoting Manny
sounds like a good plan...
Just becarful... or you will here the margin call sound...
  • #79,570
  • Aug 4, 2008 7:31am Aug 4, 2008 7:31am
sweet good us news
USD Est Non Mortuus
  • #79,571
  • Aug 4, 2008 7:37am Aug 4, 2008 7:37am
Quoting Manny
sounds like a good plan...

Do not use this as a trade call. I trade with very low leverage. GBP will have to drop 10000 pips before I get a margin call. And i would have quit the trade a long time before it ever reached this level. Be very careful if You are going to trade like this.
  • #79,572
  • Aug 4, 2008 7:39am Aug 4, 2008 7:39am
Quoting LuckyLurker
sweet good us news
Correct, but no big movment happen here in cable.. i think that's it for the down movment for today. unless the remanining news is better than expected...
  • #79,573
  • Aug 4, 2008 7:43am Aug 4, 2008 7:43am
Quoting DJ4x

Do not use this as a trade call. I trade with very low leverage. GBP will have to drop 10000 pips before I get a margin call. And i would have quit the trade a long time before it ever reached this level. Be very careful if You are going to trade like this.
i'm working with low leverage also... however what you're saying makes sense.
  • #79,574
  • Aug 4, 2008 7:43am Aug 4, 2008 7:43am
long @ 9658
  • #79,575
  • Aug 4, 2008 7:45am Aug 4, 2008 7:45am
Quoting Abuawad
Correct, but no big movment happen here in cable.. i think that's it for the down movment for today. unless the remanining news is better than expected...
Yea i was kinda hoping for another entry point for a larger order.. my long is a small buy. if it cant break this level with that good of news, then this is certainly good support. We'll see.
USD Est Non Mortuus
  • #79,576
  • Aug 4, 2008 7:46am Aug 4, 2008 7:46am
Quoting Shilva
long @ 9658
like that.
USD Est Non Mortuus
  • #79,577
  • Aug 4, 2008 7:50am Aug 4, 2008 7:50am
gas refinery in houston just blew up
  • #79,578
  • Aug 4, 2008 7:52am Aug 4, 2008 7:52am
Quoting Shilva
gas refinery in houston just blew up
IM no expert on the gas biz, but that can't be good.
USD Est Non Mortuus
  • #79,579
  • Aug 4, 2008 8:02am Aug 4, 2008 8:02am
Quoting DJ4x

Do not use this as a trade call. I trade with very low leverage. GBP will have to drop 10000 pips before I get a margin call. And i would have quit the trade a long time before it ever reached this level. Be very careful if You are going to trade like this.
now u sound nervous
  • #79,580
  • Aug 4, 2008 8:04am Aug 4, 2008 8:04am
Quoting LuckyLurker
Yea i was kinda hoping for another entry point for a larger order.. my long is a small buy. if it cant break this level with that good of news, then this is certainly good support. We'll see.
what are you targeting Lucky?
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