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Cable Update (GBPUSD)

  • #101,001
  • Nov 25, 2008 10:24am Nov 25, 2008 10:24am
I so need this to bounce as sitting on a short at -60 at the moment
  • #101,002
  • Nov 25, 2008 10:24am Nov 25, 2008 10:24am
Quoting gammase1
Can I also take some credit for spotting this upmove before anyone else. In fact, back in August I predicted cable would climb and retrace lost ground. The fact that it's first fallen 4000 pips since that call should be irrelevant.

Even the speaking clock is correct twice a day! Given a long enough time horizon, we are all correct.

Whatever man this was not a long time frame. It was a two week timeframe nice try though.
  • #101,003
  • Nov 25, 2008 10:25am Nov 25, 2008 10:25am
Quoting nAVIN2007
looks like im gonna lose 150 pips....damnit usdcad finished me off and i took a short on cable...ass is back to normal after being in the zone for 3 hrs..

typical....
Too early to short yet.
I'll short above 1.5500
  • #101,004
  • Nov 25, 2008 10:26am Nov 25, 2008 10:26am
Ok, WTF did everyone do to cable. I'm closed out again for another 3 fuckin pips. This bitch is not suppose to be this high up!
Just digging in the trenches like everyone else!
  • #101,005
  • Nov 25, 2008 10:27am Nov 25, 2008 10:27am
it brakes 1.54
is there any chance to see 1.56 in the next hours?
I think yes

what every one thinks
  • #101,006
  • Nov 25, 2008 10:27am Nov 25, 2008 10:27am
Quoting nAVIN2007
looks like im gonna lose 150 pips....damnit usdcad finished me off and i took a short on cable...ass is back to normal after being in the zone for 3 hrs..

typical....
I have to say Navin, that after being in the zone for 3 hours is usually a good time to quit.
Don't worry though, just take a step back and evaluate what needs to be done to fix this, you'll have your pips back in no time.
  • #101,007
  • Nov 25, 2008 10:28am Nov 25, 2008 10:28am
There it goes .....damned.
It caught me off guard.
  • #101,008
  • Nov 25, 2008 10:28am Nov 25, 2008 10:28am
This break above previous high may be a long trap......I am expecting quite a bit of profit taking in the U.S stock market before the end of day tomorrow...(big holiday coming up) it could start this afternoon.

I am looking for a good short soon!
  • #101,009
  • Nov 25, 2008 10:28am Nov 25, 2008 10:28am
Quoting gammase1
The fact that it's first fallen 4000 pips since that call should be irrelevant.
You guys are cracking me up...
Patience + Discipline - Greed = Success
  • #101,010
  • Nov 25, 2008 10:28am Nov 25, 2008 10:28am
Quoting freehardguy2
it brakes 1.54
is there any chance to see 1.56 in the next hours?
I think yes

what every one thinks
I'll take that short at 5600. The 150ema on the 4h is lying at 5612.
Just digging in the trenches like everyone else!
  • #101,011
  • Nov 25, 2008 10:30am Nov 25, 2008 10:30am
Quoting steelhead
Whatever man this was not a long time frame. It was a two week timeframe nice try though.
So you have been long for the past fortnight, since making that call?

Just kidding ya Steelhead! Your actual technical analysis is concise, straight-forward and mostly v.good. It's just the lack of humility and honesty from some on here that sometimes irks me. Like when people only post winning trades but never mention a losing position. 100% success rate.... But, that's the anonymous nature of these forums, so who gives a ....
  • #101,012
  • Nov 25, 2008 10:32am Nov 25, 2008 10:32am
Quoting eohater
Ok, WTF did everyone do to cable. I'm closed out again for another 3 fuckin pips. This bitch is not suppose to be this high up!
you can say wtf again if you like as I stopped out my short at -eighty fxxxxxg four -84
  • #101,013
  • Nov 25, 2008 10:34am Nov 25, 2008 10:34am
Quoting spintrader
I have to say Navin, that after being in the zone for 3 hours is usually a good time to quit.
Don't worry though, just take a step back and evaluate what needs to be done to fix this, you'll have your pips back in no time.
its just the damn SL is too close.....anyways....i got back 35 pips on cable and closed out....i started with 3k lost £18 to weeks back now ....now im up a fiver...

starting to over trade...i quit now ....
  • #101,014
  • Nov 25, 2008 10:35am Nov 25, 2008 10:35am
Im adding a short order at 5616, hopefully will reach
  • #101,015
  • Nov 25, 2008 10:35am Nov 25, 2008 10:35am
Quoting Vourvoul
Will be looking to short at today's high. Tight S/L.
Well...

I am all out of ideas...

Looking for a short as I think profit taking will take place in about half an hour.

I really don't see it going up to 56 though. (because of 5580 in the way)
  • #101,016
  • Nov 25, 2008 10:35am Nov 25, 2008 10:35am
Quoting Chris_35
you can say wtf again if you like as I stopped out my short at -eighty fxxxxxg four -84
DAMN! Sorry to hear bro! Keep your head, and you'll be fine!
Just digging in the trenches like everyone else!
  • #101,017
  • Nov 25, 2008 10:37am Nov 25, 2008 10:37am
Quoting Chris_35
you can say wtf again if you like as I stopped out my short at -eighty fxxxxxg four -84
its the dollar index playing games.....i also fell for its BULLSHIT...DONT WORRY ...when it starts to sink .no doubt tiger hunter will post and we all know short is here
  • #101,018
  • Nov 25, 2008 10:38am Nov 25, 2008 10:38am
Quoting nAVIN2007
...when it starts to sink .no doubt tiger hunter will post and we all know short is here
  • #101,019
  • Nov 25, 2008 10:39am Nov 25, 2008 10:39am
Quoting gammase1
It's just the lack of humility and honesty from some on here that sometimes irks me. Like when people only post winning trades but never mention a losing position. 100% success rate.... But, that's the anonymous nature of these forums, so who gives a ....
Sounds like you are having issues bro....
Patience + Discipline - Greed = Success
  • #101,020
  • Nov 25, 2008 10:40am Nov 25, 2008 10:40am
Quoting eohater
DAMN! Sorry to hear bro! Keep your head, and you'll be fine!
I suppose if there were no losers then there could be no winners. Just hope that one of you guys ate my pips and not any of the corporates
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