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Cable Update (GBPUSD)

  • #87,381
  • Sep 11, 2008 9:50am Sep 11, 2008 9:50am
give me 20 more pips then you can ignite your rocket
  • #87,382
  • Sep 11, 2008 9:51am Sep 11, 2008 9:51am
Quoting Ritz
7493
it will be interesting to see if we make a new low...

i can see why u think we heading up...only thing is the dailly fibs retrace at 61.8 indicating new low possibly...lets see what the hell happens
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  • #87,383
  • Sep 11, 2008 9:52am Sep 11, 2008 9:52am
Am still holding those 3 shorts nAV 1 just entered ++ territory on one of them
  • #87,384
  • Sep 11, 2008 9:53am Sep 11, 2008 9:53am
Quoting nAVIN2007
actually u wont believe it ..4 trades today, 3 worked total so far around 40 pips.. scalping my way into the game...tomorrow i want to try hit a long one, still got the hedge i figure i might as well make the swop fees back at least.....
After seeing the mess your in, I'm glad my broker won't allow hedge positions. 40 pips is a good day my friend!
Just digging in the trenches like everyone else!
  • #87,385
  • Sep 11, 2008 9:54am Sep 11, 2008 9:54am
Quoting pip me
give me 20 more pips then you can ignite your rocket
no i won't give you that 20 pips
  • #87,386
  • Sep 11, 2008 9:59am Sep 11, 2008 9:59am
Quoting Chris_35
Am still holding those 3 shorts nAV 1 just entered ++ territory on one of them

its tricky bro...all depends on 1.7496 breaking thats the 61.8 fib on a swing high to low...if that break ..we should make a new low i think
  • #87,387
  • Sep 11, 2008 10:01am Sep 11, 2008 10:01am
Quoting eohater
After seeing the mess your in, I'm glad my broker won't allow hedge positions. 40 pips is a good day my friend!
yes 40 pips better than a loss..certainly better than yesterday..am happy with the comeback..

thx m8
  • #87,388
  • Sep 11, 2008 10:05am Sep 11, 2008 10:05am
Quoting ezmystic
Nav are you in the UK, because if you are you can use a spread betting firm which gives you the same spreads etc as a broker usually, but there are no fees and it's tax free.
cool buts the difference can u still use metatrader, or u just say if u think its going up or down..might be better me doing that as my emotions stop me seeing the flipping trades out
  • #87,389
  • Sep 11, 2008 10:07am Sep 11, 2008 10:07am
bad luck Rits
  • #87,390
  • Sep 11, 2008 10:07am Sep 11, 2008 10:07am
Quoting Chris_35
Am still holding those 3 shorts nAV 1 just entered ++ territory on one of them
u should be fine now buddy ...its setup to make new lows...direction down to test the bottom if not break it
  • #87,391
  • Sep 11, 2008 10:11am Sep 11, 2008 10:11am
took a short on euro
USD Est Non Mortuus
  • #87,392
  • Sep 11, 2008 10:24am Sep 11, 2008 10:24am
bounce at 7450 or go lower?
  • #87,393
  • Sep 11, 2008 10:27am Sep 11, 2008 10:27am
7445
7420
7320

My targets
Listen for your inside voice
  • #87,394
  • Sep 11, 2008 10:27am Sep 11, 2008 10:27am
Quoting akirax
bounce at 7450 or go lower?
That's the million dollar question. I have a trailing SL of 25 pips with an entry of 1.75. So whatever happens I'm covered in profit. Headed to lunch!
Just digging in the trenches like everyone else!
  • #87,395
  • Sep 11, 2008 10:27am Sep 11, 2008 10:27am
Quoting nAVIN2007
cool buts the difference can u still use metatrader, or u just say if u think its going up or down..might be better me doing that as my emotions stop me seeing the flipping trades out
I don't know about metatrader, so I must be using them without it. But you still see your pips and cash going up or down, which can be quite scary. just tyoe in spread betting to google. I use capitalspreads because they don't close your position at the end of the day unless you request it, just roll it over.
please DON'T copy my trades I am still learning
  • #87,396
  • Sep 11, 2008 10:44am Sep 11, 2008 10:44am
Was short in 3 trades

17515 t/p 17476
17499 t/p 17477
17486 t/p 17476 that's after riding all these trades up to 17590
+ took another 10 pips trade on the way down

Am exausted but in profithttp://www.forexfactory.com/images/icons/pound.gifhttp://www.forexfactory.com/images/icons/icon7.gif
  • #87,397
  • Sep 11, 2008 10:49am Sep 11, 2008 10:49am
Quoting Chris_35
Was short in 3 trades

17515 t/p 17476
17499 t/p 17477
17486 t/p 17476 that's after riding all these trades up to 17590
+ took another 10 pips trade on the way down

Am exausted but in profithttp://www.forexfactory.com/images/icons/pound.gifhttp://www.forexfactory.com/images/icons/icon7.gif
good job...
  • #87,398
  • Sep 11, 2008 11:00am Sep 11, 2008 11:00am
good job...[nAV]

If I had any more in the kitty I would have longed some trades after 12:30
so I didnt do it. But I wasnt thinking that if I hedged them It wouldnt affect my margin anyway only when I close them. But Im happy with the end result. No need to get greedy else I blow account no doubt.http://www.forexfactory.com/images/icons/icon12.gif
  • #87,399
  • Sep 11, 2008 11:02am Sep 11, 2008 11:02am
closed 2 shorts @ 7480 for +120

still holding short @ 7462 @ -35 at present

Sell order @ 7521
  • #87,400
  • Sep 11, 2008 11:21am Sep 11, 2008 11:21am
certainly a guess, but I do not see things going down today
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