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Cable Update (GBPUSD)

  • #96,201
  • Nov 7, 2008 3:46am Nov 7, 2008 3:46am
That is a nice run up.
Now let's see a 100++pips spike
  • #96,202
  • Nov 7, 2008 3:58am Nov 7, 2008 3:58am
Quoting hipcio
looks like going there
but I wonder if it would not break it down - acc. to me it is more than possible
hello hipcio,

it has still been climbing, but I wonder wether we are turning now. I'm long locked in, and pending short at 62ema. I took a short off 10 min chart and got hit for 45 pips because it moved quicker than my finger. I'm going to stick to 15min chart for my entries from now on

How is your short doing you must be 100's of pips up by now?
please DON'T copy my trades I am still learning
  • #96,203
  • Nov 7, 2008 4:02am Nov 7, 2008 4:02am
Quoting ezmystic
hello hipcio,

it has still been climbing, but I wonder wether we are turning now. I'm long locked in, and pending short at 62ema. I took a short off 10 min chart and got hit for 45 pips because it moved quicker than my finger. I'm going to stick to 15min chart for my entries from now on

How is your short doing you must be 100's of pips up by now?
by the way TP is 62ema wwith order to stop there as well, so hope it hits makes good piips and shorts e for more pips
please DON'T copy my trades I am still learning
  • #96,204
  • Nov 7, 2008 4:04am Nov 7, 2008 4:04am
it's bouncing from 1hr 62 ema now
Money management is good for your health...
  • #96,205
  • Nov 7, 2008 4:10am Nov 7, 2008 4:10am
Quoting ezmystic
by the way TP is 62ema wwith order to stop there as well, so hope it hits makes good piips and shorts e for more pips

sweet!
please DON'T copy my trades I am still learning
  • #96,206
  • Nov 7, 2008 4:12am Nov 7, 2008 4:12am
Quoting ezmystic
sweet!

welldone thats what i call smart trading...
  • #96,207
  • Nov 7, 2008 4:13am Nov 7, 2008 4:13am
Quoting ezmystic
sweet!
crap, locked profit and got stopped out for +1 pip
please DON'T copy my trades I am still learning
  • #96,208
  • Nov 7, 2008 4:16am Nov 7, 2008 4:16am
gone short again anyway at open of last 15m candle.
please DON'T copy my trades I am still learning
  • #96,209
  • Nov 7, 2008 4:20am Nov 7, 2008 4:20am
Quoting ezmystic
crap, locked profit and got stopped out for +1 pip
should have locked in profit after candle closed i think, oh well I'll keep it in the learning box
please DON'T copy my trades I am still learning
  • #96,210
  • Nov 7, 2008 4:34am Nov 7, 2008 4:34am
Quoting ezmystic
gone short again anyway at open of last 15m candle.
I don't know if that was wise actually, the candles indicated an up move, but we're between 62 and 76 fib retracement on 1hr , we will see
please DON'T copy my trades I am still learning
  • #96,211
  • Nov 7, 2008 4:37am Nov 7, 2008 4:37am
Not advisable to go for short now.
I think this baby gonna fly esp after nfp news
  • #96,212
  • Nov 7, 2008 4:47am Nov 7, 2008 4:47am
Quoting gagakrimba
Not advisable to go for short now.
I think this baby gonna fly esp after nfp news
your probably right, I got nervous after this 15 min candle went up and closed for +3, much better than -1 tho
please DON'T copy my trades I am still learning
  • #96,213
  • Nov 7, 2008 4:49am Nov 7, 2008 4:49am
yo RT your back ......hows it going bro? ..good to see u back!
  • #96,214
  • Nov 7, 2008 4:50am Nov 7, 2008 4:50am
Quoting ezmystic
your probably right, I got nervous after this 15 min candle went up and closed for +3, much better than -1 tho
oh, I think I should have held my nerve, looks like it's trying to push down, but it's Friday and I am concerned about NFP
please DON'T copy my trades I am still learning
  • #96,215
  • Nov 7, 2008 4:55am Nov 7, 2008 4:55am
Quoting gagakrimba
Not advisable to go for short now.
I think this baby gonna fly esp after nfp news
I wouldn't be so sure, I think even a severely negative figure, say -300k, could positively effect the dollar.
I wouldn't be suprised if we see similar reaction to yesterday with big swings in both directions.
It seems the market has been anticipating the poor result all morning, and nobody expects it to be good. So it might be a case of buy the rumour sell the news.
  • #96,216
  • Nov 7, 2008 4:56am Nov 7, 2008 4:56am
Quoting nAVIN2007
yo RT your back ......hows it going bro? ..good to see u back!
hey nav, I know your not talking to me in quotes, but I bet your itching to get your Alpari acount?
please DON'T copy my trades I am still learning
  • #96,217
  • Nov 7, 2008 4:59am Nov 7, 2008 4:59am
Quoting ezmystic
hey nav, I know your not talking to me in quotes, but I bet your itching to get your Alpari acount?
actually i have the account already open but its not funded yet..i close odl secruities yesterday and there doing a wire transfer.....any idea how long that will take
also...when u close the account to do the wire transfer bank to yur account do they deduct tax or charge fees? ...i have no idea i didnt look into anything i just did it
  • #96,218
  • Nov 7, 2008 4:59am Nov 7, 2008 4:59am
Quoting ezmystic
oh, I think I should have held my nerve, looks like it's trying to push down, but it's Friday and I am concerned about NFP
I am back again
I was wrong with my theory saying that it will go down at that time - but it is great You protect your acc.
Jesus Christ is my only Lord !
  • #96,219
  • Nov 7, 2008 5:01am Nov 7, 2008 5:01am
damn this looks like a great time to buy...
  • #96,220
  • Nov 7, 2008 5:06am Nov 7, 2008 5:06am
Nav, think of it this way, as long as you have your money in the uk you have bought it just isn't leveraged. If this girl rises you are making money whatever happens. If I were a gambling man, I would take a long term long now...

Quoting nAVIN2007
damn this looks like a great time to buy...
Ride the Bulls bearback!
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