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Cable Update (GBPUSD)

  • #101,701
  • Nov 27, 2008 1:28am Nov 27, 2008 1:28am
Quoting mr.m
i think that long trades are still intact.. just need to wait a little for this minor retracement to finish
If it goes below 1.5320 all bets are off
  • #101,702
  • Nov 27, 2008 1:30am Nov 27, 2008 1:30am
I am a scary one, closed it +95. My nerves won't stand it if it reverse from the pivot.
  • #101,703
  • Nov 27, 2008 1:31am Nov 27, 2008 1:31am
Quoting gagakrimba
Me enter long @ 1.5385
so u got it wrong tis time?? its break down i see...
take a short quick...
  • #101,704
  • Edited 2:18am Nov 27, 2008 1:33am | Edited 2:18am
Quoting MoForce
I hope not

already -100 on a position =(
hey dude ur back in bussiness guess its now +xx nice one there,enjoy brother,hope ur still not on that trade
  • #101,705
  • Nov 27, 2008 1:35am Nov 27, 2008 1:35am
Quoting manize
Slowly up, quickly down, so down trend prevail !
Yup...

I just got some sweet short pips off this baby...
Nice early morning scalp.. I got in at 5440 and closed at the 50ema.. I should have held on for the lower trendline... I think that is where it is going...

I'm tired anyway sleep time..
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Patience + Discipline - Greed = Success
  • #101,706
  • Nov 27, 2008 1:36am Nov 27, 2008 1:36am
moewenger, hows your withdrawal from fxpro?
  • #101,707
  • Nov 27, 2008 1:41am Nov 27, 2008 1:41am
what you think is it a range day today?
  • #101,708
  • Nov 27, 2008 1:49am Nov 27, 2008 1:49am
FFUUUGG!!!! I sold on the bounce but a bit early and with a tight stop of 20. Watched my ticket roll in the cash all the way down and when I tried to extract 100pips profit I discovered that the Friggin ticket had rolled over the stop. Ended up with -20 instead of 100+ Now I feel the need for revenge which is a dangerous way to trade... Come on Beeaaitch!
Ride the Bulls bearback!
  • #101,709
  • Nov 27, 2008 1:53am Nov 27, 2008 1:53am
Quoting vorschlag
moewenger, hows your withdrawal from fxpro?
i did $4000 withdrawal which was approved by fxpro 2 days ago(the amount deducted already). so waiting for my banker to clear it by today or by worse tomorrow.
  • #101,710
  • Nov 27, 2008 1:56am Nov 27, 2008 1:56am
Quoting alcando
FFUUUGG!!!! I sold on the bounce but a bit early and with a tight stop of 20. Watched my ticket roll in the cash all the way down and when I tried to extract 100pips profit I discovered that the Friggin ticket had rolled over the stop. Ended up with -20 instead of 100+ Now I feel the need for revenge which is a dangerous way to trade... Come on Beeaaitch!
am wit brother?
  • #101,711
  • Nov 27, 2008 1:56am Nov 27, 2008 1:56am
Quoting vorschlag
what you think is it a range day today?
range is possible but i think it will move down. i sensed that more IR cut is coming in the way for the pound. anyway i have a PO ready at 1.5310 sell...
  • #101,712
  • Edited 2:37am Nov 27, 2008 1:59am | Edited 2:37am
Quoting alcando
Will you be shorting the bounce from 15438?
Good short, U.K. house prices fell for a 13th month in November as the financial crisis deterred homebuyers and banks rationed mortgages.
We should short until next week at BOE meeting, because they are going to cut 100 bps interest rate...
We should sell at any bounce.
Give me patience
  • #101,713
  • Nov 27, 2008 2:01am Nov 27, 2008 2:01am
Quoting moewenger
range is possible but i think it will move down. i sensed that more IR cut is coming in the way for the pound. anyway i have a PO ready at 1.5310 sell...
I have a feeling we didnt reach the top of the retracement yet. I am scared a bit to short now.
  • #101,714
  • Nov 27, 2008 2:12am Nov 27, 2008 2:12am
Good Morning everyone,

So I missed the 61.8 of the perfect bounce... let's see where this will go now.
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  • #101,715
  • Nov 27, 2008 2:14am Nov 27, 2008 2:14am
Quoting vorschlag
I have a feeling we didnt reach the top of the retracement yet. I am scared a bit to short now.
then if u see the retracement shows signs of exhaustion you should short. i'm a bear trader by the way only for CABLE. i had friends working in UK for 10 years already. she said by christmas 2 million people will be jobless. I can trust her since she had a good connection with UK banks.


p.s:- i'm +30 for today so far. i will look to sell more from bounce.
  • #101,716
  • Nov 27, 2008 2:24am Nov 27, 2008 2:24am
Quoting moewenger
then if u see the retracement shows signs of exhaustion you should short. i'm a bear trader by the way only for CABLE. i had friends working in UK for 10 years already. she said by christmas 2 million people will be jobless. I can trust her since she had a good connection with UK banks.


p.s:- i'm +30 for today so far. i will look to sell more from bounce.

so let play the bouncing tits.. opss.. pips..
Patience is the keyword here...
  • #101,717
  • Nov 27, 2008 2:28am Nov 27, 2008 2:28am
Sorry to rain on the parade. Its going up.
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If it's too good to be true, it probably is.
  • #101,718
  • Nov 27, 2008 2:31am Nov 27, 2008 2:31am
Quoting SimonK
Sorry to rain on the parade. Its going up.
I hope so
  • #101,719
  • Nov 27, 2008 2:31am Nov 27, 2008 2:31am
wont it head toward 1.56? thought retracement from the big move is around there
Lets Soar The Sky
  • #101,720
  • Nov 27, 2008 2:34am Nov 27, 2008 2:34am
Quoting moewenger
so u got it wrong tis time?? its break down i see...
take a short quick...
Yeah...entered too early but its ok now
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