Cable Update (GBPUSD) | Page 4054 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #81,061
  • Aug 8, 2008 9:46am Aug 8, 2008 9:46am
Quoting nAVIN2007
1.7230

navin , ur problem that u fix ur mistake with another mistake , then to fix both mistake after some time u add another mistake .. at the end of the day u find urself in trouble

learn how to manage ur account bro
btw i still can see more short room for the next week and the taget can be 8700 if we cont go back to the 9405 and above
  • #81,062
  • Aug 8, 2008 9:48am Aug 8, 2008 9:48am
Quoting nAVIN2007
1.7230

Thanks nav, I have a swing from 7031-1162 on the weekly chart but don't have that swing low marked as it doesn't seem as significant as the swing low at 7031 area from Nov 2005, on that chart.

Thanks.
ex member
  • #81,063
  • Aug 8, 2008 9:50am Aug 8, 2008 9:50am
in vegas woo .. risk was hit last night .. but ohwell thats forex.. mm was ok so picking back up when i get home. hope everyone is doing well.
USD Est Non Mortuus
  • #81,064
  • Aug 8, 2008 9:52am Aug 8, 2008 9:52am
Quoting bbmac
Thanks nav, I have a swing from 7031-1162 on the weekly chart but don't have that swing low marked as it doesn't seem as significant as the swing low at 7031 area from Nov 2005, on that chart.

Thanks.
yes i now what u mean i think i got to the stage where i wish it was a 50% retracement level...
  • #81,065
  • Aug 8, 2008 9:53am Aug 8, 2008 9:53am
Quoting warta
Attachment
Good one!
  • #81,066
  • Aug 8, 2008 9:53am Aug 8, 2008 9:53am
I would love to see some $150 oil again!!!
Please ask questions and share your experiences with us all!
  • #81,067
  • Aug 8, 2008 9:56am Aug 8, 2008 9:56am
Quoting bkg102665
I would love to see some $150 oil again!!!

seems u dont have a car
  • #81,068
  • Aug 8, 2008 9:57am Aug 8, 2008 9:57am
screenshot attached....self explanatory
Attached Image (click to enlarge)
Click to Enlarge Name: ff.gif Size: 17 KB
ex member
  • #81,069
  • Aug 8, 2008 10:04am Aug 8, 2008 10:04am
um the Boss

Attached Image
  • #81,070
  • Aug 8, 2008 10:04am Aug 8, 2008 10:04am
Quoting nAVIN2007
i think it going to take ages to go back...u know im stress with my month is shut....damn man i got high blood pressure now...1.9144 better hold 50% fibo is there too...if that breaks we go no chance in hell of recovery
Guys Guys.... we have to be prepared for moves like this. Good money management and risk management is the most powerful and essential aspect of forex trading. Before you enter a trade you should decide how much you are willing to risk or LOSE on the trade and set your stop loss accordingly. It is always better to be stopped out for a small loss than to wait and hope and pray that a trade will turn your way, it might, but it may also wipe out your account before it does. Please guys, losses are certain in forex.... the key is limiting those losses.
Patience + Discipline - Greed = Success
  • #81,071
  • Aug 8, 2008 10:08am Aug 8, 2008 10:08am
Quoting Infinity
Guys Guys.... we have to be prepared for moves like this. Good money management and risk management is the most powerful and essential aspect of forex trading. Before you enter a trade you should decide how much you are willing to risk or LOSE on the trade and set your stop loss accordingly. It is always better to be stopped out for a small loss than to wait and hope and pray that a trade will turn your way, it might, but it may also wipe out your account before it does. Please guys, losses are certain in forex.... the key is limiting those losses.
yes losses are part of the game but a loss like this should have taken a week not 1 day......thats what finished me off! ...it seems everytime i enter mutiple lots i get it....always facing unstopable train....
  • #81,072
  • Aug 8, 2008 10:09am Aug 8, 2008 10:09am
Quoting Infinity
Guys Guys.... we have to be prepared for moves like this. Good money management and risk management is the most powerful and essential aspect of forex trading. Before you enter a trade you should decide how much you are willing to risk or LOSE on the trade and set your stop loss accordingly. It is always better to be stopped out for a small loss than to wait and hope and pray that a trade will turn your way, it might, but it may also wipe out your account before it does. Please guys, losses are certain in forex.... the key is limiting those losses.

gr8 advice Saint Infinity
  • #81,073
  • Aug 8, 2008 10:10am Aug 8, 2008 10:10am
I have seen the dollar sell off 150-200 pips between 11 & 12 AM on Friday before. Will it happen today.???
  • #81,074
  • Aug 8, 2008 10:15am Aug 8, 2008 10:15am
Looking at the no wick to todays daily top and size of the bar I doubt it would go 200.

Quoting hard1head1
I have seen the dollar sell off 150-200 pips between 11 & 12 AM on Friday before. Will it happen today.???
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #81,075
  • Aug 8, 2008 10:16am Aug 8, 2008 10:16am
Feeling sad.....
Feeling bad......
But now feeling stress free.
I just closed out all my positions. Closed neg 23% this week.
10 weeks profit....GONE
Oh well.
Need to reassess.
Obviously need to check my entries and strategy. Going back to mentor.
Have a great weekend all
  • #81,076
  • Aug 8, 2008 10:19am Aug 8, 2008 10:19am
Quoting Bones
Looking at the no wick to todays daily top and size of the bar I doubt it would go 200.
It`s BIIIGGG profit taking day for the shorts from yesterday or the beggining of the week so it might just sell off a bit
  • #81,077
  • Aug 8, 2008 10:22am Aug 8, 2008 10:22am
I know bones, I just shaing the fact that it has done that before.

Quoting Bones
Looking at the no wick to todays daily top and size of the bar I doubt it would go 200.
  • #81,078
  • Aug 8, 2008 10:23am Aug 8, 2008 10:23am
Quoting nAVIN2007
if im right then ..the move down quickly had to happen cause a rejection to a support level has to happen otherwise we keep falling, gold is at a support which i expect it not to break based on past....

dollar index is frozen....if we drop more im gonna have a baby!
Congratulations! On your new baby! If it's a boy, I recommend you name him CLIFF! Could use a nice Arturo Fuente Maduro right now with a stiff portion of Hennesey XO or Paradis!

Linqtrader
  • #81,079
  • Aug 8, 2008 10:24am Aug 8, 2008 10:24am
as screenshot, for what it's worth
Attached Image (click to enlarge)
Click to Enlarge Name: ff.gif Size: 11 KB
ex member
  • #81,080
  • Aug 8, 2008 10:26am Aug 8, 2008 10:26am
Quoting hard1head1
I have seen the dollar sell off 150-200 pips between 11 & 12 AM on Friday before. Will it happen today.???
Anything is possible my dear friend; I can't promise today but $ is not a consistent currency in currency market, if it has some heaven weeks then it should and would have some hell weeks; I have various examples that if $ or DJIA went up to the sky then after next few days they would be coming back on the road...

The most important thing for right now for all those long people is to pass this under 5 hours of tradinng because I think I told in the beginning that this week Pound has its 100% negative sentiment......

I have been doing this for more than 1 year and I think this is the first time that a move for G/U is about 300 pips in one day and 600 pips in a week.....

So don't feel like you are guilty, nobody on this earth on Sunday night knows that this week it will decline to 1.9144 from 1.9765 and it did happen this week so we all should get another chance to recover those losses.

The only thing I am worry is what will happen after the london fix hour because it seems like London will be closing in 32 minutes and that is why London is trying to maintain the price in 40-50 pips away from 1.9144 bench mark. I don't know how US/DJIA will react during the last 4 hours of trading today after London close..........
468 traders viewing now