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Cable Update (GBPUSD)

  • #87,101
  • Sep 10, 2008 4:42pm Sep 10, 2008 4:42pm
Quoting Infinity
I took it but closed it out because I expected some buying before triple interest payments...I opened a short at 9520 after the day close and closed it at 90...I'm waiting for another entry....
Nice! Yeah! I think there were alot of traders holding out til the swap.
Just digging in the trenches like everyone else!
  • #87,102
  • Sep 10, 2008 4:43pm Sep 10, 2008 4:43pm
Quoting LuckyLurker
Xanax!
Just digging in the trenches like everyone else!
  • #87,103
  • Sep 10, 2008 4:44pm Sep 10, 2008 4:44pm
Quoting NuckingFuts
Your bear flag is playing out quite nicely
I wasn't comfortable with it last night because of it being in the middle of the descending channel, but it sure has proven to be a nice move. I hope you've made some good money!
Just digging in the trenches like everyone else!
  • #87,104
  • Sep 10, 2008 4:45pm Sep 10, 2008 4:45pm
Quoting eohater
Watch it stop 5 pips shy and pull back for now!
Yeah.... I'm hoping to re-enter at the 15m 50ema but it looks so far....
Patience + Discipline - Greed = Success
  • #87,105
  • Sep 10, 2008 4:45pm Sep 10, 2008 4:45pm
im feelin you on the loss ritz... im gonna hold this long for a little bit though... I expect a little rise here untill it plummets over the next 48 hours... I just hope the time to drop out isnt now haha
Lets do this...
  • #87,106
  • Sep 10, 2008 4:46pm Sep 10, 2008 4:46pm
Quoting jcminvest
im feelin you on the loss ritz... im gonna hold this long for a little bit though... I expect a little rise here untill it plummets over the next 48 hours... I just hope the time to drop out isnt now haha
what is your sl?
Patience + Discipline - Greed = Success
  • #87,107
  • Sep 10, 2008 4:46pm Sep 10, 2008 4:46pm
Quoting Infinity
Yeah.... I'm hoping to re-enter at the 15m 50ema but it looks so far....
That's what I was thinking...
Just digging in the trenches like everyone else!
  • #87,108
  • Sep 10, 2008 4:49pm Sep 10, 2008 4:49pm
we will probably test the lower line of the channel and fall again...lets see..
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Patience + Discipline - Greed = Success
  • #87,109
  • Sep 10, 2008 4:51pm Sep 10, 2008 4:51pm
Quoting Infinity
what is your sl?

I will S/L if it breaks the current candle low at 7480.... Its a tough loss to take but better less then more I suppose
Lets do this...
  • #87,110
  • Sep 10, 2008 4:52pm Sep 10, 2008 4:52pm
Quoting jcminvest
I will S/L if it breaks the current candle low at 7480.... Its a tough loss to take but better less then more I suppose
Good luck...
Patience + Discipline - Greed = Success
  • #87,111
  • Sep 10, 2008 4:53pm Sep 10, 2008 4:53pm
Quoting Infinity
Good luck...
thanks man i'll need it... if we drop that far I believe we have a good postion for a short trade to hold into friday.. agree?
Lets do this...
  • #87,112
  • Sep 10, 2008 4:54pm Sep 10, 2008 4:54pm
Quoting LuckyLurker
Xanax!
whats that?
  • #87,113
  • Sep 10, 2008 4:55pm Sep 10, 2008 4:55pm
Quoting Infinity
we will probably test the lower line of the channel and fall again...lets see..
couldn't get past 5ema.....
Patience + Discipline - Greed = Success
  • #87,114
  • Sep 10, 2008 4:55pm Sep 10, 2008 4:55pm
well im out... sl went ... bummer
Lets do this...
  • #87,115
  • Sep 10, 2008 4:57pm Sep 10, 2008 4:57pm
Quoting nAVIN2007
whats that?
Like valium but stronger
please DON'T copy my trades I am still learning
  • #87,116
  • Sep 10, 2008 4:58pm Sep 10, 2008 4:58pm
Quoting jcminvest
im feelin you on the loss ritz... im gonna hold this long for a little bit though... I expect a little rise here untill it plummets over the next 48 hours... I just hope the time to drop out isnt now haha
that really isnt a good idea.....it broke a area which its been trying all day...traders dont want to go back into congestion so u need to place a STOP loss cause u just never know...

who knew we were all 1000s of pips..
  • #87,117
  • Sep 10, 2008 4:59pm Sep 10, 2008 4:59pm
Quoting ezmystic
Like valium but stronger
....maybe i need to get pissed, then i wont care and might end up in the zone...
  • #87,118
  • Sep 10, 2008 4:59pm Sep 10, 2008 4:59pm
Quoting jcminvest
well im out... sl went ... bummer
I'm sorry to hear that but don't be discouraged.....refresh your mind and wait for a good setup... don't look for revenge on the market.. losses are part of the game...
Patience + Discipline - Greed = Success
  • #87,119
  • Sep 10, 2008 5:01pm Sep 10, 2008 5:01pm
Quoting nAVIN2007
that really isnt a good idea.....it broke a area which its been trying all day...traders dont want to go back into congestion so u need to place a STOP loss cause u just never know...

who knew we were all 1000s of pips..

Yes I agree but My trade was placed based off of previous patters and I really didnt think the drop would start untill London open tomorrow... but I did miss the break of resistance.... SL of -60 pips...

Lose some win some
Lets do this...
  • #87,120
  • Sep 10, 2008 5:02pm Sep 10, 2008 5:02pm
I long entry 1,7484

Long Closed 1,7510 :>
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