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Cable Update (GBPUSD)

  • #102,981
  • Dec 2, 2008 4:24am Dec 2, 2008 4:24am
Quoting PipLand
I dont expect this to last long
Expect the unexpected
  • #102,982
  • Dec 2, 2008 4:25am Dec 2, 2008 4:25am
Quoting PipLand
I dont expect this to last long
yeah me to... it always happen once in a while. one candlestick doesnt make a different.
  • #102,983
  • Dec 2, 2008 4:25am Dec 2, 2008 4:25am
Dears

Go Short at 1.4945 , I hope it will return from here

But it is now 1.4965
  • #102,984
  • Dec 2, 2008 4:26am Dec 2, 2008 4:26am
Quoting gagakrimba
She is on the reversal.
I see some red faces
Red Faces yes, However... 'Caught the reverse trend,
Got out & bought...
So, Down-24 Pips,
and got Plus 39 Pips...
+15 or so Doughnuts!... Enjoy the P.Action gang,
Gotta Leave in a Few to take daughter to School!
MichO & Navin i hope you both reversed Trend too guys!
Terrapin Pipper,

Jeff !
I will work to Objectively Identify my Edges
  • #102,985
  • Dec 2, 2008 4:27am Dec 2, 2008 4:27am
Quoting PipLand
great time to short now i would say
it's at important resistance. somehow i dont think it will will go up so chill for the short guys...
  • #102,986
  • Dec 2, 2008 4:27am Dec 2, 2008 4:27am
Navin, hope that didn't destroy your short- were you stopped out? or have you got the account balance to take hang in there?
  • #102,987
  • Dec 2, 2008 4:27am Dec 2, 2008 4:27am
Quoting moewenger
What happened in this hour?? Why is that pound suddenly strong?? I've checked at EURGBP as well. It's pound really fighting now? I'm still holding my short from price 1.4785.
That is a brave entry bro
  • #102,988
  • Dec 2, 2008 4:30am Dec 2, 2008 4:30am
Quoting spintrader
Navin, hope that didn't destroy your short- were you stopped out? or have you got the account balance to take hang in there?
i moved my stop a lot further out...i might get into a hedge..
  • #102,989
  • Dec 2, 2008 4:31am Dec 2, 2008 4:31am
Quoting gagakrimba
That is a brave entry bro
iwouldnt class it as brave, wreckless to say the least, the easiet thing in the world is to short the bottom, its the comfortable option, i hope this squeezes higher so i can sell at least closer to 1.50-151 area.....
Trading is 80% Emotional, 20% Technical
  • #102,990
  • Dec 2, 2008 4:32am Dec 2, 2008 4:32am
Quoting nAVIN2007
i moved my stop a lot further out...i might get into a hedge..
dont do it nav, know when u have made a bad trade, cut it and move to the next trade, CUT LOSSES bro,
Trading is 80% Emotional, 20% Technical
  • #102,991
  • Dec 2, 2008 4:32am Dec 2, 2008 4:32am
Quoting gagakrimba
Expect the unexpected
im expecting downward explosion
  • #102,992
  • Dec 2, 2008 4:34am Dec 2, 2008 4:34am
went short at 14923 small lot
  • #102,993
  • Dec 2, 2008 4:35am Dec 2, 2008 4:35am
Quoting fx local
dont do it nav, know when u have made a bad trade, cut it and move to the next trade, CUT LOSSES bro,
i wont hedge i dont trust the upward movement..and actually will place a sell if it moves a lot higher..im in on 0.01 lot
  • #102,994
  • Dec 2, 2008 4:35am Dec 2, 2008 4:35am
Dears

Haaa,,,what is your openion,,will we close apove 1.4950 and go up till 1.5050 or we will go down now ?

Micho where R U man ....I need your openion
  • #102,995
  • Dec 2, 2008 4:36am Dec 2, 2008 4:36am
Quoting PipLand
im expecting downward explosion
the downside explosion occured yesterday, markets do not tend to always move in straight lines!! the risk reward selling the lows is not good, dont get me wrong i am trying to sell into a "failed" rally myself
Trading is 80% Emotional, 20% Technical
  • #102,996
  • Dec 2, 2008 4:37am Dec 2, 2008 4:37am
Ahh...
29 more Doughnuts before school...
Loving This HAAA!
Asta,
Enjoy Gang !
I will work to Objectively Identify my Edges
  • #102,997
  • Dec 2, 2008 4:37am Dec 2, 2008 4:37am
Quoting nAVIN2007
i moved my stop a lot further out...i might get into a hedge..
good job, you'll be fine, it'll be in big green before the end of the week- I'm confident of that.
My short is still open and I'm not closing it yet- getting myself an early christmas present in the form of a car- just need a few more pips from either cable or usd/jpy or both, and I'll reach my target.
  • #102,998
  • Dec 2, 2008 4:39am Dec 2, 2008 4:39am
Quoting fx local
the downside explosion occured yesterday, markets do not tend to always move in straight lines!! the risk reward selling the lows is not good, dont get me wrong i am trying to sell into a "failed" rally myself
14735 14670 are my targets, maybe I should have said a trickle down rather than explosion
  • #102,999
  • Dec 2, 2008 4:39am Dec 2, 2008 4:39am
Navin,

your with Alpari UK I think. What do you think of them? I am looking to change broker after several slow fills/requotes of late and they have now taken to increasing the spread overnight.
This space intentionally left blank.
  • #103,000
  • Dec 2, 2008 4:40am Dec 2, 2008 4:40am
Quoting gagakrimba
That is a brave entry bro
really brave as it was a breakout of support. i fell asleep and suddenly wake up and whoa. but didnt close it yet becoz, 1.4930 is resistance for today and important resistance would be 1.5030. anyway my marging would still be holding until then.
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