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Cable Update (GBPUSD)

  • #86,561
  • Sep 9, 2008 2:20am Sep 9, 2008 2:20am
Quoting nAVIN2007
it all depends i think on the 4hr candle....
I did get out a bit premature at 7572,but hey any winner is a good winner,I made that exit about 45 min ago
  • #86,562
  • Sep 9, 2008 2:23am Sep 9, 2008 2:23am
Quoting Runway Trade
The down trend! Is there anything pussing it up, is the question!
yeah maybe he was speaking about the lower time frames up trend
When life gives you lemons, make lemonade
  • #86,563
  • Sep 9, 2008 2:26am Sep 9, 2008 2:26am
Quoting LuckyLurker
hiya.. been making out?
I've been doing great...thanks...
Patience + Discipline - Greed = Success
  • #86,564
  • Sep 9, 2008 2:41am Sep 9, 2008 2:41am
Here is 1h chart with 62ema only...
Attached Image
Patience + Discipline - Greed = Success
  • #86,565
  • Sep 9, 2008 2:43am Sep 9, 2008 2:43am
Morning sleepyheads!
Cold and very wet here in the UK. Cable? Long and strong seems to be the order of the day. Too much pound bashing gone on of late. Time the dollar had some! Set stops 100 pips above entry, bank 'em 35 at a time then re-enter.
  • #86,566
  • Sep 9, 2008 2:47am Sep 9, 2008 2:47am
Quoting penycae
Morning sleepyheads!
Cold and very wet here in the UK. Cable? Long and strong seems to be the order of the day. Too much pound bashing gone on of late. Time the dollar had some! Set stops 100 pips above entry, bank 'em 35 at a time then re-enter.
Good practice....
  • #86,567
  • Sep 9, 2008 3:00am Sep 9, 2008 3:00am
i need advise here.....im hedged still and got swop fees...are htey excluded already from my roaming equity any1 know.....? or when i exit this i will have the swop fees to pay as well?
Attached Image (click to enlarge)
Click to Enlarge Name: picturebmp.JPG Size: 200 KB
  • #86,568
  • Sep 9, 2008 3:08am Sep 9, 2008 3:08am
Quoting Infinity
Here is 1h chart with 62ema only...
thank you!
Just digging in the trenches like everyone else!
  • #86,569
  • Sep 9, 2008 3:23am Sep 9, 2008 3:23am
Quoting nAVIN2007
i need advise here.....im hedged still and got swop fees...are htey excluded already from my roaming equity any1 know.....? or when i exit this i will have the swop fees to pay as well?
Not sure how it works on ODL nAV. I use Oanda and u pay interest daily.
  • #86,570
  • Sep 9, 2008 3:35am Sep 9, 2008 3:35am
I am LONG quite substantially relative to my portfolio on gbpusd.

medium term trade 2-8 days.

SL at lowest low.

TP will review.

R:R is just toooooo good right now..


P.S. also long audusd now.

Cheers happy trading.
  • #86,571
  • Sep 9, 2008 3:38am Sep 9, 2008 3:38am
UK Production numbers were just slightly worse than expected,
fairly much in line with expectations, plus, the revisions were slightly better.

Guess that's all the news until Ben gets here.
  • #86,572
  • Sep 9, 2008 3:41am Sep 9, 2008 3:41am
"I need advise here.....im hedged still and got swop fees...are htey excluded already from my roaming equity any1 know.....? or when i exit this i will have the swop fees to pay as well?"

To me nav your swop fees look almost b/e anyway. Also Im sure they must deduct them from the account overnight. That seems to make sense IMO . Not 100% sure though Good luckhttp://www.forexfactory.com/images/icons/icon14.gif
  • #86,573
  • Sep 9, 2008 5:10am Sep 9, 2008 5:10am
Quoting Chris_35
"I need advise here.....im hedged still and got swop fees...are htey excluded already from my roaming equity any1 know.....? or when i exit this i will have the swop fees to pay as well?"

To me nav your swop fees look almost b/e anyway. Also Im sure they must deduct them from the account overnight. That seems to make sense IMO . Not 100% sure though Good luckhttp://www.forexfactory.com/images/icons/icon14.gif
actually i phoned them and its deducted from the roaming balance..which is great..i think i paid only $10 over 3 weeks period...and stoped me overtrading.....lol...i might have actually saved money

just kidding
  • #86,574
  • Sep 9, 2008 5:21am Sep 9, 2008 5:21am
Just put another short pos on at 1.7651
Still holding one at 1.7544
  • #86,575
  • Sep 9, 2008 5:32am Sep 9, 2008 5:32am
Quoting speedtrader8
I am LONG quite substantially relative to my portfolio on gbpusd.

medium term trade 2-8 days.

SL at lowest low.

TP will review.

R:R is just toooooo good right now..


P.S. also long audusd now.

Cheers happy trading.

becareful on the shorts guys..

1.77 shouldn't be a problem past NY session.
  • #86,576
  • Sep 9, 2008 5:39am Sep 9, 2008 5:39am
Quoting DJ4x
Just put another short pos on at 1.7651
Still holding one at 1.7544
still not time for shorts now bro
When life gives you lemons, make lemonade
  • #86,577
  • Sep 9, 2008 5:41am Sep 9, 2008 5:41am
better to lose the shorts now at BE or small profit... just my opinion
When life gives you lemons, make lemonade
  • #86,578
  • Sep 9, 2008 5:43am Sep 9, 2008 5:43am
Quoting micho
better to lose the shorts now at BE or small profit... just my opinion
hmmm. maybe. Going to sit on my hands until NY session. Will see then
  • #86,579
  • Sep 9, 2008 5:43am Sep 9, 2008 5:43am
1.7716 is at reach i guess
When life gives you lemons, make lemonade
  • #86,580
  • Sep 9, 2008 5:43am Sep 9, 2008 5:43am
Good Morning!
Hope you lot got that. 120 pips from the off.
There's a time to be short, and a time to be long. Don't stay wedded to the dark side.
Flat now, until the dust settles a bit. Maybe time to short the FTSE. Benny speaking later on?
Still wet and cold over here.
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