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Cable Update (GBPUSD)

  • #83,001
  • Aug 19, 2008 8:22am Aug 19, 2008 8:22am
Quoting eohater
Your early! We could be getting ready to test 1.872x.
1.866x has been a strong area. I played off of it yesterday and today. It could hold her down and send it back to 1.858x
Just digging in the trenches like everyone else!
  • #83,002
  • Aug 19, 2008 8:24am Aug 19, 2008 8:24am
Quoting eohater
Hey bro...did you go long on EUR/USD earlier. If you did, I bet your dancing now!
just making trading in the head ...trying to find a displine and method which works...at least i was right about the eur...
i want to start trading with bigger lot sizes...so i need to get my shit together, so now looking for trades only with solid confirmatiions
if eur goes up so does cable thats why i mentioned it..

i want to see at least one bullish candle but i reckon we heading towards 1.91. i think we have a bottom
  • #83,003
  • Aug 19, 2008 8:24am Aug 19, 2008 8:24am
Quoting Optimum
your short ?

Not yet, my longs just closed out from 1.8581. If I enter again, it won't be until around 1:00 est. Probably done for the day. I've bagged 234 so far.
Just digging in the trenches like everyone else!
  • #83,004
  • Aug 19, 2008 8:26am Aug 19, 2008 8:26am
Quoting eohater
Not yet, my longs just closed out from 1.8581
Why the sudden spike up ? ... Simple

Dow Getting kicked in the nards down 140 and counting
OIL dropping yet again ...

Agree 8660 hard to break for cable ... Im shorting at 8655 with target of 8590 by the end of the day.

Dow will recover and close slightly in the negative ...

This is such an awesome opportunity to short in my opinion ...
  • #83,005
  • Aug 19, 2008 8:31am Aug 19, 2008 8:31am
It's a nice time when people's longs are closing out for a profit and my shorts closed out for a profit overnight



A win- win situation


So what we have now is the bottom, or a ledge on the way down

The big movers and shakers will probably set off upwards to convince us it was a bottom, and then when we have our long positions on, they will slam it down to 1.82 and we will look at the chart and say why didnt i follow this obvious down trend
  • #83,006
  • Aug 19, 2008 8:33am Aug 19, 2008 8:33am
Quoting allserene
It's a nice time when people's longs are closing out for a profit and my shorts closed out for a profit overnight

A win- win situation

So what we have now is the bottom, or a ledge on the way down

The big movers and shakers will probably set off upwards to convince us it was a bottom, and then when we have our long positions on, they will slam it down to 1.82 and we will look at the chart and say why didnt i follow this obvious down trend
Just digging in the trenches like everyone else!
  • #83,007
  • Aug 19, 2008 8:34am Aug 19, 2008 8:34am
Quoting allserene
It's a nice time when people's longs are closing out for a profit and my shorts closed out for a profit overnight



A win- win situation


So what we have now is the bottom, or a ledge on the way down

The big movers and shakers will probably set off upwards to convince us it was a bottom, and then when we have our long positions on, they will slam it down to 1.82 and we will look at the chart and say why didnt i follow this obvious down trend

TOTALLY AGREE !!! ...

I aint wakin up tommorow feelin like this ...

EASY MONEY ladies ... for the first time I feel confident in this trade ...

would be shocked to see it break 8690 ... if it does then im closin my short and lookin for a better entry ....
  • #83,008
  • Aug 19, 2008 8:34am Aug 19, 2008 8:34am
what i see
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  • #83,009
  • Aug 19, 2008 8:41am Aug 19, 2008 8:41am
Off to lunch! I hope everyone is making money! I'll be back later this afternoon. Might make a 1:00 est trade, we'll see if 1.866x area hold til then. Otherwise, I might have already missed the boat south. No worries though.
Just digging in the trenches like everyone else!
  • #83,010
  • Aug 19, 2008 8:49am Aug 19, 2008 8:49am
yes and i am off to the dentist so i need to make big bucks off the short to pay for some implant tussy pegs

If it goes up then I lose my teeth
  • #83,011
  • Aug 19, 2008 9:01am Aug 19, 2008 9:01am
Quoting allserene
yes and i am off to the dentist so i need to make big bucks off the short to pay for some implant tussy pegs

If it goes up then I lose my teeth
man i hate denist ...i actually think when u go see them thats when it all goes wrong, the teeth that is..
  • #83,012
  • Aug 19, 2008 9:01am Aug 19, 2008 9:01am
Quoting allserene
yes and i am off to the dentist so i need to make big bucks off the short to pay for some implant tussy pegs

If it goes up then I lose my teeth
lool
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When life gives you lemons, make lemonade
  • #83,013
  • Aug 19, 2008 9:03am Aug 19, 2008 9:03am
up up up we heading north, 1.9000 this week
I Deeply Love My Virtual Life In Virtual World , RLC
  • #83,014
  • Aug 19, 2008 9:04am Aug 19, 2008 9:04am
Quoting micho
lool

OMG Micho that is disgusting ... how could you bare to look at that while posting ...

Yuck ... I aint havin lunch now ... in fact im gonna brush my teeth instread.
  • #83,015
  • Aug 19, 2008 9:17am Aug 19, 2008 9:17am
Quoting eohater
Your early! We could be getting ready to test 1.872x.
I am also short 8645 sl 8691 tp 8604.
  • #83,016
  • Edited 9:52am Aug 19, 2008 9:40am | Edited 9:52am
Quoting oscarfrx
I am also short 8645 sl 8691 tp 8604.
what was the reasoning for shorting..? .is it a range, i dunno been at work whole week havent really been looking at the charts at all..just spotting things here and there...id say this is going to 1.8712
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  • #83,017
  • Aug 19, 2008 10:14am Aug 19, 2008 10:14am
A close above daily 5sma would be nice for longs.....
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Patience + Discipline - Greed = Success
  • #83,018
  • Aug 19, 2008 10:15am Aug 19, 2008 10:15am
Quoting poweredbuyer
OMG Micho that is disgusting ... how could you bare to look at that while posting ...

Yuck ... I aint havin lunch now ... in fact im gonna brush my teeth instread.
Think I will brush my tooth too !

Well at least we can't complain that the market is flat and boring - it's hysterically running from one end of the ship to the other

Some traders love this, others like steady trends and can't cope

As long as it falls back before 1.9715 then I can live with it
  • #83,019
  • Aug 19, 2008 10:17am Aug 19, 2008 10:17am
Quoting allserene
Think I will brush my tooth too !

Well at least we can't complain that the market is flat and boring - it's hysterically running from one end of the ship to the other

Some traders love this, others like steady trends and can't cope

As long as it falls back before 1.9715 then I can live with it
I'm complaining! Flat and boring (reminds me of an old girl friend) was just what I was expecting so I have stayed hedged all day so far. Really disappointed not to have made something today.
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  • #83,020
  • Aug 19, 2008 10:22am Aug 19, 2008 10:22am
short cable!
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