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Cable Update (GBPUSD)

  • #98,501
  • Nov 14, 2008 3:27pm Nov 14, 2008 3:27pm
now it looks like all the guys who take profit today sold again for the weekend.....
  • #98,502
  • Nov 14, 2008 3:32pm Nov 14, 2008 3:32pm
Quoting eohater
One of my brokers is still open and the price has fallen over 200 pips since touching the 62ema on the 1h and it did it in an hour and half.

1h 62ema!
Yeah...250 pips drop in 30 minutes
It is 1.4710 now
  • #98,503
  • Nov 14, 2008 3:32pm Nov 14, 2008 3:32pm
Here are some charts after the close.. Next week is a new week and should provide many new opportunities...
The weekly is still showing the major outlook is still bearish, especially after closing below 1.5xxx. The daily shows indecision but no new low was made so potential is there for further upmovement next week. The 4 hour chart looks to be overbought and stochastic is beginning to turn down.
As I said next week will bring new opportunities, long and short so let price action lead the way and ride the waves as they appear.

I wish for everyone an enjoyable weekend and I must remind you that you should NOT FORGET TO PARTY!!!!
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Patience + Discipline - Greed = Success
  • #98,504
  • Nov 14, 2008 3:37pm Nov 14, 2008 3:37pm
Quoting eohater
One of my brokers is still open and the price has fallen over 200 pips since touching the 62ema on the 1h and it did it in an hour and half.

1h 62ema!
Patience + Discipline - Greed = Success
  • #98,505
  • Nov 14, 2008 4:08pm Nov 14, 2008 4:08pm
Quoting Infinity
Excellent work bro! We almost got the same entry on that one.. My order was at 4950... I closed at 4870.. for 80 pips! Unbelievable bro! We are truly brothers in this business...

This has been a very sweet week... over 1400 green pips from this pair alone...

Enjoy your weekend bro... We look forward to more green pips next week...
welldone bro!...that fantastic number of pips...way to go!!!!
enjoy yur weekend guys
  • #98,506
  • Nov 14, 2008 4:48pm Nov 14, 2008 4:48pm
Quoting Infinity
Excellent work bro! We almost got the same entry on that one.. My order was at 4950... I closed at 4870.. for 80 pips! Unbelievable bro! We are truly brothers in this business...

This has been a very sweet week... over 1400 green pips from this pair alone...

Enjoy your weekend bro... We look forward to more green pips next week...
For what it's worth, that's brilliant going Infinity!

I managed 220 pips today, making back all the stupid losses from yesterday, so feeling happy going into the weekend.

Good weekend all!
  • #98,507
  • Nov 14, 2008 4:54pm Nov 14, 2008 4:54pm
Quoting gagakrimba
GAP down next week ?

BIGGEST gap down in the history of GU !!!!
USD Est Non Mortuus
  • #98,508
  • Nov 14, 2008 5:37pm Nov 14, 2008 5:37pm
Quoting gammase1
For what it's worth, that's brilliant going Infinity!

I managed 220 pips today, making back all the stupid losses from yesterday, so feeling happy going into the weekend.

Good weekend all!
well done buddy...its always a dificult task going into trade especailly after a shocker of a day like yesterday..good to hear u recovered yur losses
  • #98,509
  • Nov 14, 2008 5:44pm Nov 14, 2008 5:44pm
Cable is giving the love to my little tiny risk acct... sweet thanksgivin .. lol started this one on the 1st with 250$ as a test. almost 100% cable live trades. 10k by tues night!
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USD Est Non Mortuus
  • #98,510
  • Nov 14, 2008 5:49pm Nov 14, 2008 5:49pm
Quoting LuckyLurker
Cable is giving the love to my little tiny risk acct... sweet thanksgivin .. lol started this one on the 1st with 250$ as a test. almost 100% cable live trades. 10k by tues night!
wow thats impressive stuff....what i call account growth
happy thanks giving..when ever that is
  • #98,511
  • Nov 14, 2008 5:51pm Nov 14, 2008 5:51pm
I have been trading The Cable for about two years now and I have really noticed lately that the Cable is following the Dow big time. For example today (Friday) the Cable had a nice sharp fall the last hour. Look at the DOW, so did it. The DOW went from a small profit to a big loss in the last hour.

Yesterday the DOW had a huge run up last couple hours of the day. Look at the Cable and there was a nice run up also. I can name numerous examples but look for yourself and see what you think. You can check CNBC.com for the movement of the DOW and look at your charts for whatever Forex broker you have and look to see if you notice this. Very interesting to me.

Forexpreneur

"It's not whether you are right or wrong that's important, but how much money you make when you're right and how much you loose when you're wrong."

George Soros
  • #98,512
  • Nov 14, 2008 5:54pm Nov 14, 2008 5:54pm
Quoting Forexpreneur

"It's not whether you are right or wrong that's important, but how much money you make when you're right and how much you loose when you're wrong."

George Soros

u must have wrote this after watching my trades..so very true
  • #98,513
  • Nov 14, 2008 6:01pm Nov 14, 2008 6:01pm
Quoting Forexpreneur
I have been trading The Cable for about two years now and I have really noticed lately that the Cable is following the Dow big time. For example today (Friday) the Cable had a nice sharp fall the last hour. Look at the DOW, so did it. The DOW went from a small profit to a big loss in the last hour.

Yesterday the DOW had a huge run up last couple hours of the day. Look at the Cable and there was a nice run up also. I can name numerous examples but look for yourself and see what you think. You can check CNBC.com for the movement of the DOW and...

Yea but this morning it was totally ignoring that neg dow.. cable needed to retrace based of tech (4h pin) but ultimately you are correct in your analysis, cable followed that equity plunge in the last hour...

"It's not whether you are right or wrong that's important, but how much money you make when you're right and how much you loose when you're wrong."

George Soros[/quote]
USD Est Non Mortuus
  • #98,514
  • Nov 14, 2008 6:07pm Nov 14, 2008 6:07pm
Quoting nAVIN2007
wow thats impressive stuff....what i call account growth
happy thanks giving..when ever that is
What is UP nav! dats just the funsy onesy acct.
USD Est Non Mortuus
  • #98,515
  • Nov 14, 2008 6:44pm Nov 14, 2008 6:44pm
I think the GAP this sunday will be really huge.
This is due to the sharp drop in the last hour of trading.
Just my thinking....anybody care to comment ?
  • #98,516
  • Nov 14, 2008 9:09pm Nov 14, 2008 9:09pm
Quoting LuckyLurker
Cable is giving the love to my little tiny risk acct... sweet thanksgivin .. lol started this one on the 1st with 250$ as a test. almost 100% cable live trades. 10k by tues night!
Hey Lurker!!,

I guess I dont have to ask, how are things?......lol.......its pretty self explanatory. Just a ques. though, how long did it take to achieve this?

Jamie.
  • #98,517
  • Nov 14, 2008 9:11pm Nov 14, 2008 9:11pm
Quoting LuckyLurker
BIGGEST gap down in the history of GU !!!!
I can't help but feel, its a BIG GAP UP........
  • #98,518
  • Nov 14, 2008 9:27pm Nov 14, 2008 9:27pm
Quoting AmeriTrini
Hey Lurker!!,

I guess I dont have to ask, how are things?......lol.......its pretty self explanatory. Just a ques. though, how long did it take to achieve this?

Jamie.
haha this is just this month.. but nothing serious.. just the poo acct.
USD Est Non Mortuus
  • #98,519
  • Nov 14, 2008 9:28pm Nov 14, 2008 9:28pm
Quoting AmeriTrini
I can't help but feel, its a BIG GAP UP........

ok lets meet back in the middle and make some pips next week!
USD Est Non Mortuus
  • #98,520
  • Nov 14, 2008 9:53pm Nov 14, 2008 9:53pm
Quoting LuckyLurker
haha this is just this month.. but nothing serious.. just the poo acct.
well, if you did that with FXCM, you just won the king of the mini contest!!!............
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