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Cable Update (GBPUSD)

  • #80,801
  • Aug 7, 2008 10:12pm Aug 7, 2008 10:12pm
This sure is making up for painfully earned pips this week!!!!!
  • #80,802
  • Aug 7, 2008 10:13pm Aug 7, 2008 10:13pm
Come on dow again just a littlle more.but not on this 5 M candle for sure.Ohhhh.Small retracment.I should't close that short.But it is ok.Waiting for another one.
  • #80,803
  • Aug 7, 2008 10:15pm Aug 7, 2008 10:15pm
Quoting micho
well this week is been negative so far around -100

Damn, for me that is -10K with 10 lots.

Actualy scalpin with 7 lots. Too risky for more.
  • #80,804
  • Aug 7, 2008 10:19pm Aug 7, 2008 10:19pm
Quoting Carrera
Hey Warta...

Huge sell off everywhere.

We are having fun and making pips.

damnnn seems i will see my house soon
  • #80,805
  • Aug 7, 2008 10:20pm Aug 7, 2008 10:20pm
A thousand pips before midnight.....one can wish
  • #80,806
  • Aug 7, 2008 10:20pm Aug 7, 2008 10:20pm
mayday...!!!!!!!!!
please someone tell me what's going on......
i can't find any news related....
  • #80,807
  • Aug 7, 2008 10:20pm Aug 7, 2008 10:20pm
Quoting NuB
Someone call 911, we're heading to 1.9110
We are at the daily avg range and the day didn't even start. I might take off tomorrow
I might jst watch the news (CNBC) and watch everybody panic.
Don't Get Bitter, Get Better
  • #80,808
  • Aug 7, 2008 10:22pm Aug 7, 2008 10:22pm
i just went to the tiolet and i can believe my eye....this broke support....WTF?
  • #80,809
  • Aug 7, 2008 10:23pm Aug 7, 2008 10:23pm
Quoting nAVIN2007
i just went to the tiolet and i can believe my eye....this broke support....WTF?
Dude this thing has been dropping like a rock I've been taking chunks on the way down.
  • #80,810
  • Aug 7, 2008 10:25pm Aug 7, 2008 10:25pm
Quoting NuB
I think I've been working harder than I needed to this week. I should have left a short open from Monday
i rode 3 lots down from 9910 but closed 2 along the way - this is even surpassing the crappy thoughts i have on the UK economy...starting to look irrational IMO.
  • #80,811
  • Aug 7, 2008 10:26pm Aug 7, 2008 10:26pm
Perfect touch of S3line 1.9267.Will it go more down?Is done for now?Anyone?
  • #80,812
  • Aug 7, 2008 10:28pm Aug 7, 2008 10:28pm
I hope everyone who was long had stops in place..... These are the moves that blows up accounts.....literally....both in a positive and negative way...if you know what I mean...

Congrats again to all the shorties....... I missed this ride even though it was in the monthly from the get go...
Patience + Discipline - Greed = Success
  • #80,813
  • Aug 7, 2008 10:31pm Aug 7, 2008 10:31pm
THIS IS JUST STUPID...no retrace and pound in trouble but not like this.....i dont get it!.....i expected shit like this in winter or something but now ...only last week we where at 2.0 now we in the tiolet and it look like im in there as well.......
  • #80,814
  • Aug 7, 2008 10:33pm Aug 7, 2008 10:33pm
Quoting NuB
I think I've been working harder than I needed to this week. I should have left a short open from Monday
480+ PIPs down since Mondays open. DAMN I Should have left a short open.
Don't Get Bitter, Get Better
  • #80,815
  • Aug 7, 2008 10:34pm Aug 7, 2008 10:34pm
Quoting nAVIN2007
THIS IS JUST STUPID...no retrace and pound in trouble but not like this.....i dont get it!.....i expected shit like this in winter or something but now ...only last week we where at 2.0 now we in the tiolet and it look like im in there as well.......
Hit bloomberg for a sec. rally spurred by oil. according to the article.
  • #80,816
  • Aug 7, 2008 10:36pm Aug 7, 2008 10:36pm
S3 did hit. I hope it goes long now... What a crazy drop.
  • #80,817
  • Aug 7, 2008 10:36pm Aug 7, 2008 10:36pm
Anyone want to join me for a long position at 9300. Call me crazy but there was no logical reason for the tank on this. By Next week 1.9800 again
  • #80,818
  • Aug 7, 2008 10:40pm Aug 7, 2008 10:40pm
Quoting steelhead
Anyone want to join me for a long position at 9300. Call me crazy but there was no logical reason for the tank on this. By Next week 1.9800 again
i entered again at 1.9373...and now im in 3 mini lots and looking to blow all my profit....unless this goes up!.....if it passes 1.91.im out seem to be never ending drop?????
  • #80,819
  • Aug 7, 2008 10:40pm Aug 7, 2008 10:40pm
Quoting steelhead
Anyone want to join me for a long position at 9300. Call me crazy but there was no logical reason for the tank on this. By Next week 1.9800 again
OK Crazy jk I don't trust any thing up until a H1 close above 450 with 500 confirmation. I would sleep (maybe scalp) on 200 pips up but after this week, who cares.
Don't Get Bitter, Get Better
  • #80,820
  • Aug 7, 2008 10:41pm Aug 7, 2008 10:41pm
Quoting nAVIN2007
THIS IS JUST STUPID...no retrace and pound in trouble but not like this.....i dont get it!.....i expected shit like this in winter or something but now ...only last week we where at 2.0 now we in the tiolet and it look like im in there as well.......
time is go gu up now... based on my calc.. may be not much power to push gu lower.. i have buy on 1.9289 tp on 1.9510 sl 1.9239 (50pip)... good luck guys..

i hope now turn to uptrend to 2.0157.. and so on.. so on...

Yesterday high/low/close....
High 1.9543 Low 1.9420 Close 1.9436 Resistance 3 1.9636 Resistance 2 1.9589 Resistance 1 1.9513 Pivot Point 1.9466 Support 1 1.9390 Support 2 1.9343 Support 3 1.9267
just follow the trend...
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