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Cable Update (GBPUSD)

  • #84,321
  • Aug 27, 2008 10:20am Aug 27, 2008 10:20am
this is on a mission...
  • #84,322
  • Aug 27, 2008 10:21am Aug 27, 2008 10:21am
Quoting nAVIN2007
this is on a mission...
It's going to the bottom of hell!
Just digging in the trenches like everyone else!
  • #84,323
  • Aug 27, 2008 10:21am Aug 27, 2008 10:21am
keep coming down baby. Give me my long entry at close of four hour. Fall fall please this is setting up so nicely for a long.
  • #84,324
  • Aug 27, 2008 10:23am Aug 27, 2008 10:23am
Quoting steelhead
keep coming down baby. Give me my long entry at close of four hour. Fall fall please this is setting up so nicely for a long.
hmmmm.....what price are you looking for it to close at?
Just digging in the trenches like everyone else!
  • #84,325
  • Aug 27, 2008 10:26am Aug 27, 2008 10:26am
Quoting eohater
hmmmm.....what price are you looking for it to close at?

Near the lows of 1.8328. Im jumping out of my chair. Hurry and close near the lows
  • #84,326
  • Aug 27, 2008 10:26am Aug 27, 2008 10:26am
Quoting eohater
It's going to the bottom of hell!
i cannot believe this is falling like this..i think i have to hold this short right to the bottom...
  • #84,327
  • Aug 27, 2008 10:27am Aug 27, 2008 10:27am
Quoting eohater
Profit was just taken at 1.8350 Waiting now for my next setup! Time to hit the pipe and chill.
You had the same target as me...

Really sweet day...
Patience + Discipline - Greed = Success
  • #84,328
  • Aug 27, 2008 10:28am Aug 27, 2008 10:28am
Quoting allserene
Interesting divergence cable/euro against the dollar

Havent seen that for a while

My first exposure to the democratic convention has made me jumpy. Michelle loves Barack and he loves her and the kids love their parents and they all pray to god together and they have pink bunnies sown into their pillow cases and they have no tooth cavities and they love to go to school etc etc etc
They can't say 'America' without crying with pride
Everything but a smear of vaseline on the lens to make it dreamy

No wonder everyone wants to shoot the rest of their class mates by the time they get to 16 years old - the need to scream must build and build

I think I will work off the yuck factor by placing some big positions and either flagelate myself with the losses or go buy a truck load of gin with the winnings

Now which is the real direction - the euros strength or cables despair ?
trichet sent his dogs out to bark, weber papademos out with hawkish guns loaded, poor old sterling no1 there to help it!!!

guess every1 in uk government wants sterling to debase, helps them out of the shit, reduces deficiets, but creates imported inflation (the uk exactly exports f@@k all anymore!)
Trading is 80% Emotional, 20% Technical
  • #84,329
  • Aug 27, 2008 10:29am Aug 27, 2008 10:29am
Quoting nAVIN2007
i cannot believe this is falling like this..i think i have to hold this short right to the bottom...
Careful bro. I don't know what price your at, but Steelhead has a point, this is setting up for a possible long back to 1.844x. Profit is profit and it's better to wait for you next set up than risk lossing it. She could go even higher to 1.851x.
Just digging in the trenches like everyone else!
  • #84,330
  • Aug 27, 2008 10:29am Aug 27, 2008 10:29am
Quoting nAVIN2007
i cannot believe this is falling like this..i think i have to hold this short right to the bottom...
why not? the trend is down
Trading is 80% Emotional, 20% Technical
  • #84,331
  • Aug 27, 2008 10:30am Aug 27, 2008 10:30am
havent seen anything like this for yonks

My shorts are as hot as my pants - and thats saying something !
  • #84,332
  • Aug 27, 2008 10:33am Aug 27, 2008 10:33am
Quoting Infinity
You had the same target as me...

Really sweet day...
It was a nice day. I didn't get to play earlier like you did with your 62 ema.

You've made out good today! Good job!
Just digging in the trenches like everyone else!
  • #84,333
  • Aug 27, 2008 10:34am Aug 27, 2008 10:34am
Quoting nAVIN2007
i cannot believe this is falling like this..i think i have to hold this short right to the bottom...
Just remember to cover your profit if your riding her down! I'm glad your on the right side of the boat
Just digging in the trenches like everyone else!
  • #84,334
  • Aug 27, 2008 10:35am Aug 27, 2008 10:35am
Quoting Infinity
You had the same target as me...

Really sweet day...
if this 1.83 goes then free fall
Trading is 80% Emotional, 20% Technical
  • #84,335
  • Aug 27, 2008 10:40am Aug 27, 2008 10:40am
Quoting eohater
Careful bro. I don't know what price your at, but Steelhead has a point, this is setting up for a possible long back to 1.844x. Profit is profit and it's better to wait for you next set up than risk lossing it. She could go even higher to 1.851x.
im really in the shit now ..

long at the high ..1.8461.60 and short @ 1.8374

what i have to do is hope this goes to weekly pivot and then down lower this way i can get out of this mess ....or get a 100 pip trade..
  • #84,336
  • Aug 27, 2008 10:41am Aug 27, 2008 10:41am
Quoting fx local
if this 1.83 goes then free fall
based on the 4h channel, it could stop at around 8270-80... but you could be right...
Patience + Discipline - Greed = Success
  • #84,337
  • Aug 27, 2008 10:42am Aug 27, 2008 10:42am
Quoting nAVIN2007
im really in the shit now ..

long at the high ..1.8461.60 and short @ 1.8374

what i have to do is hope this goes to weekly pivot and then down lower this way i can get out of this mess ....or get a 100 pip trade..
Why did you long up there...??
Patience + Discipline - Greed = Success
  • #84,338
  • Aug 27, 2008 10:45am Aug 27, 2008 10:45am
'Lo, everyone....and I do mean LO
Was out for 10 days visiting the beach and avoiding hurricanes down here in the 'Sunshine' State.
Being very circumspect now after I blew one account to smithereens 2 weeks ago or so.
  • #84,339
  • Aug 27, 2008 10:46am Aug 27, 2008 10:46am
Quoting Infinity
Why did you long up there...??
i thought it was going to take out the high...tricked
  • #84,340
  • Aug 27, 2008 10:46am Aug 27, 2008 10:46am
Quoting achnaide
...i have that as a target too ...
all out...nice ride
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