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Cable Update (GBPUSD)

  • #97,541
  • Nov 12, 2008 10:27am Nov 12, 2008 10:27am
Just got back to my computer, and damn! she fell like a bitch. Hope anyone with longs got out safely.
That's +1500 pips and counting! oh yeah!
  • #97,542
  • Nov 12, 2008 10:28am Nov 12, 2008 10:28am
Quoting gagakrimba
Anything above 1.5000 i'll sell.
anything above 0 sell
When life gives you lemons, make lemonade
  • #97,543
  • Nov 12, 2008 10:28am Nov 12, 2008 10:28am
AHHHH the breather. Now we can relax a bit with our HUGE day. Boy are we lucky Micho! LOL!!! http://www.forexfactory.com/images/icons/icon10.gif
  • #97,544
  • Nov 12, 2008 10:28am Nov 12, 2008 10:28am
Today's close will be very interesting.
  • #97,545
  • Nov 12, 2008 10:29am Nov 12, 2008 10:29am
I am currently long from 927 43+ up
Scalped one other long for 40 and rode shorts for 180+ I can't believe you remained married to your earlier long and did not take profit?

Have you seen the EURGBP chart? OMG!!!

Quoting steelhead
Im down 160 today no big deal. You are right losses are apart of the game.

You are gloating pretty good. I will take my humble pie, may i suggest being a better winner.

Its all good i will be in green today
Ride the Bulls bearback!
  • #97,546
  • Nov 12, 2008 10:30am Nov 12, 2008 10:30am
Quoting Bullbear0072
AHHHH the breather. Now we can relax a bit with our HUGE day. Boy are we lucky Micho! LOL!!! http://www.forexfactory.com/images/icons/icon10.gif
you know, after real thinking and studying strategies now... i think i wanna go long hahahahahahhaha
When life gives you lemons, make lemonade
  • #97,547
  • Nov 12, 2008 10:33am Nov 12, 2008 10:33am
LOL!
  • #97,548
  • Nov 12, 2008 10:33am Nov 12, 2008 10:33am
Quoting micho
you know, after real thinking and studying strategies now... i think i wanna go long hahahahahahhaha
You do that.
I'm waiting for it to cross 1.5000 to enter short
  • #97,549
  • Nov 12, 2008 10:34am Nov 12, 2008 10:34am
Quoting gagakrimba
You do that.
I'm waiting for it to cross 1.5000 to enter short
me too 1.5 ~ 1.5050
When life gives you lemons, make lemonade
  • #97,550
  • Nov 12, 2008 10:36am Nov 12, 2008 10:36am
Quoting micho
you know, after real thinking and studying strategies now... i think i wanna go long hahahahahahhaha


Trash me all you want I hope it makes you feel better. Im down today, but I will get back up and fight again.

Gloating is aloud for you I guess. I will be back in green soon enough.
  • #97,551
  • Nov 12, 2008 10:37am Nov 12, 2008 10:37am
Quoting steelhead
Trash me all you want I hope it makes you feel better. Im down today, but I will get back up and fight again.

Gloating is aloud for you I guess. I will be back in green soon enough.
what if GU tanks another 1000 pips, u'll keep on buying?
Trade what you see, not what you think.
  • #97,552
  • Nov 12, 2008 10:41am Nov 12, 2008 10:41am
Quoting steelhead
Trash me all you want I hope it makes you feel better. Im down today, but I will get back up and fight again.

Gloating is aloud for you I guess. I will be back in green soon enough.
... sorry to hear that but the trend is down
When life gives you lemons, make lemonade
  • #97,553
  • Nov 12, 2008 10:41am Nov 12, 2008 10:41am
I don't mean this as a gloat at all, but I just hope that all the countertrend traders out there learnt a lesson today. I also hope that they used stoplosses! that is all.
  • #97,554
  • Nov 12, 2008 10:41am Nov 12, 2008 10:41am
some big players say "we buy" and after they are heard, they push the sell button.
  • #97,555
  • Nov 12, 2008 10:41am Nov 12, 2008 10:41am
How to trade in a down trend. 1st positon around the 1.65 area, failure at a long term fib level. Second positon at the retest of the H&S neckline plus it was at the upper channel resistance,A++ trade when two major trendlines converge like that. then more every time it made a new low. Easy and with no indicators. KISS.

Cable 4hr.
Attached Image (click to enlarge)
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Just Trade It
  • #97,556
  • Nov 12, 2008 10:42am Nov 12, 2008 10:42am
Quoting karmostaji
what if GU tanks another 1000 pips, u'll keep on buying?

Maybe I will maybe I wont. We will just have to wait and see.

Down 160 pips aint that bad. I am all good. You can have your 15 minutes of fame.

Second thought yes I think I will buy some more.

Im sure I will have plenty of folks willing to sell to me.
  • #97,557
  • Nov 12, 2008 10:45am Nov 12, 2008 10:45am
technical analyst on cnbc suggesting major support on cable at 1.3500 could hit on weekly close below 1.5250... food for thought

geppy at 100-135 Yen

Euro near 1.18/22 base
Trading is 80% Emotional, 20% Technical
  • #97,558
  • Nov 12, 2008 10:45am Nov 12, 2008 10:45am
Quoting steelhead
Maybe I will maybe I wont. We will just have to wait and see.

Down 160 pips aint that bad. I am all good. You can have your 15 minutes of fame.

Second thought yes I think I will buy some more.

Im sure I will have plenty of folks willing to sell to me.
i dont think you believe your calls yourself
i think you are just misleading

how can you buy!!!!!
When life gives you lemons, make lemonade
  • #97,559
  • Nov 12, 2008 10:48am Nov 12, 2008 10:48am
Quoting micho
i dont think you believe your calls yourself
i think you are just misleading

how can you buy!!!!!
I agree, smells fishy.
  • #97,560
  • Nov 12, 2008 10:48am Nov 12, 2008 10:48am
Quoting fx local
technical analyst on cnbc suggesting major support on cable at 1.3500 could hit on weekly close below 1.5250... food for thought

geppy at 100-135 Yen

Euro near 1.18/22 base

Thats the low from June 2001
Just Trade It
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