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Cable Update (GBPUSD)

  • #104,241
  • Dec 4, 2008 8:13am Dec 4, 2008 8:13am
Uh oh MicHO,

Pound climbing... Will the bear's "Punk It" @
the Double Zero's though?

Let me let you get back w/the trade... buddy,
I'm gonna crash, get some more zzzs if 'can
Have 'great one,

Jeff
I will work to Objectively Identify my Edges
  • #104,242
  • Dec 4, 2008 8:15am Dec 4, 2008 8:15am
Quoting TerpFan2
Uh oh MicHO,

Pound climbing... Will the bear's "Punk It" @
the Double Zero's though?

Let me let you get back w/the trade... buddy,
I'm gonna crash, get some more zzzs if 'can
Have 'great one,

Jeff
see you later
When life gives you lemons, make lemonade
  • #104,243
  • Dec 4, 2008 8:15am Dec 4, 2008 8:15am
To the Downside,

On my 10 min chart... may be overwith / will not
complete...?
I will work to Objectively Identify my Edges
  • #104,244
  • Dec 4, 2008 8:21am Dec 4, 2008 8:21am
Quoting TerpFan2
To the Downside,

On my 10 min chart... may be overwith / will not
complete...?
if only i can understand why the rallies
When life gives you lemons, make lemonade
  • #104,245
  • Dec 4, 2008 8:23am Dec 4, 2008 8:23am
it should be hitting the bottom now both technically and fundamentally, whats keeping it so high
When life gives you lemons, make lemonade
  • #104,246
  • Dec 4, 2008 8:27am Dec 4, 2008 8:27am
Quoting micho
but no mini lots
Micho Did you say that hotspot doesnt do mini lots?

Because there might be some confusing they never used to do mini lots but i beleive they do now when i spoke to somone there one person said yes and the other no, but on their demo platform i noticed you can now enter mini lots.

Check how the comission is worked out when your trading mini lots as that was a confusing issue for me with them, i never bothered following up as i had already opened a MB account by then, good luck
  • #104,247
  • Dec 4, 2008 8:30am Dec 4, 2008 8:30am
Quoting micho
it should be hitting the bottom now both technically and fundamentally, whats keeping it so high
We may be on the C-D leg of a bearish gartley. If we are, then the upside should hit about 1.4750, then south. Lots of 'ifs' right now. We'll have to wait and see how it reacts to the DOW opening.
Hi, my name is Barry and you can keep your doctor...
  • #104,248
  • Dec 4, 2008 8:32am Dec 4, 2008 8:32am
Quoting micho
it should be hitting the bottom now both technically and fundamentally, whats keeping it so high
I COME BACK...I ENTERED SHORT NOW, I WILL ADD SHORT AT 1.48 IF IT GOES THERE..
what you get in the wind goes through the storms
  • #104,249
  • Dec 4, 2008 8:34am Dec 4, 2008 8:34am
Quoting i.shawish
I COME BACK...I ENTERED SHORT NOW, I WILL ADD SHORT AT 1.48 IF IT GOES THERE..
where did u go short?
  • #104,250
  • Dec 4, 2008 8:35am Dec 4, 2008 8:35am
im trading footsie its bouncing of support line and plenty of upside potential hopefully pulling cable with
  • #104,251
  • Dec 4, 2008 8:35am Dec 4, 2008 8:35am
The Cut Must Take Its Effect...
what you get in the wind goes through the storms
  • #104,252
  • Dec 4, 2008 8:36am Dec 4, 2008 8:36am
Quoting PipLand
Micho Did you say that hotspot doesnt do mini lots?

Because there might be some confusing they never used to do mini lots but i beleive they do now when i spoke to somone there one person said yes and the other no, but on their demo platform i noticed you can now enter mini lots.

Check how the comission is worked out when your trading mini lots as that was a confusing issue for me with them, i never bothered following up as i had already opened a MB account by then, good luck
hopefully!!!
When life gives you lemons, make lemonade
  • #104,253
  • Dec 4, 2008 8:37am Dec 4, 2008 8:37am
Quoting cisco
We may be on the C-D leg of a bearish gartley. If we are, then the upside should hit about 1.4750, then south. Lots of 'ifs' right now. We'll have to wait and see how it reacts to the DOW opening.
well.. totally unexpected.. my trade is close at 0 BE... the top of this should be 07 but things are weird right now
When life gives you lemons, make lemonade
  • #104,254
  • Dec 4, 2008 8:38am Dec 4, 2008 8:38am
Quoting PipLand
where did u go short?
I AM GOING TO THE SOUTH...I HAVE NO IDEA BUT THE CUT HAS NO EFFECT RIGHT NOW AND IT MUST GO DOWN...I WILL SEE WHATS HAPPENED...
what you get in the wind goes through the storms
  • #104,255
  • Dec 4, 2008 8:40am Dec 4, 2008 8:40am
For anyone thats interested the footsie looks like its starting the right shoulder of H&S. If this plays out later today then cable will prob follow it down later on, will take a little while to complete
  • #104,256
  • Dec 4, 2008 8:41am Dec 4, 2008 8:41am
sold again at 77... thats the target of the up trend. now what?
When life gives you lemons, make lemonade
  • #104,257
  • Dec 4, 2008 8:43am Dec 4, 2008 8:43am
been twice up +8x then down to zero, thats frustrating really
When life gives you lemons, make lemonade
  • #104,258
  • Dec 4, 2008 8:43am Dec 4, 2008 8:43am
Quoting micho
sold again at 77... thats the target of the up trend. now what?
a bit more up maybe 1.4711 possibly
  • #104,259
  • Dec 4, 2008 8:44am Dec 4, 2008 8:44am
yeees... and a quick 60 pips for the novice, looked like it wanted to at 4600 -- and it surely did,

that's my days quota, but i'm still hungry, gonna hang around for a couple more.
  • #104,260
  • Dec 4, 2008 8:52am Dec 4, 2008 8:52am
Quoting nAVIN2007
thanks jeff....been incredibly fortunate, if yesterday went wrong id have maybe stoped trading as i really started to doubt if i could hold it together once in the trade..and there no point killing myself winning 90% of the time and 2 bad trade keep wiping u out

at least now i know i can do it..
glad you are back into the swing Navin, full marks for determined stickability, know what you mean about 'handing it back', work like stink...make one error and watch vanish like a magicians' bunny,

"thought i could see a light at the end of the tunnel.... but it was just some Bozo with a torch bringing me more work....
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