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Cable Update (GBPUSD)

  • #105,961
  • Dec 11, 2008 2:31am Dec 11, 2008 2:31am
Quoting Shermenator
You see placing a sell limit at the price you sait would not fit my style since you would be shorting once reistance is broke...the longer price takes to break that reistance the more buy stops accumulate...
you mean 1.4782 ????
  • #105,962
  • Dec 11, 2008 2:31am Dec 11, 2008 2:31am
footsie broke support looks like it will come down for a bit i reckon
  • #105,963
  • Dec 11, 2008 2:32am Dec 11, 2008 2:32am
Quoting Mr.mo
you mean 1.4782 ????
Sorryyyyy 1.4932
  • #105,964
  • Dec 11, 2008 2:32am Dec 11, 2008 2:32am
Quoting Beeps
heh..heh... i can give you a list of the exact times that the market will move:

1 - when i'm out shopping,

2 - whilst i am making tea,

3 - when i am draining the snake,

4 - when im doing something else....
Do you have a twitter account I can monitor so that I can stay on top of when these events will be taking place?
  • #105,965
  • Dec 11, 2008 2:36am Dec 11, 2008 2:36am
Quoting Mr.mo
Sorryyyyy 1.4932

Nope I would not short at that point
  • #105,966
  • Dec 11, 2008 2:37am Dec 11, 2008 2:37am
Quoting micho
hehe, dont tell me that you really think its just the asia traders that is pushing her up... the way i see it, its just fed intervention during the asian session. also today friday is usually low volume so they can play with the price with more volatility to make the majority of traders lose or miss the move AS USUAL!!
Today is thursday bro !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #105,967
  • Dec 11, 2008 2:38am Dec 11, 2008 2:38am
Quoting Beeps
heh..heh... i can give you a list of the exact times that the market will move:

1 - when i'm out shopping,

2 - whilst i am making tea,

3 - when i am draining the snake,

4 - when im doing something else....
LMAO
  • #105,968
  • Dec 11, 2008 2:41am Dec 11, 2008 2:41am
first target 4863 for me
  • #105,969
  • Dec 11, 2008 2:41am Dec 11, 2008 2:41am
Quoting Shermenator
You see placing a sell limit at the price you sait would not fit my style since you would be shorting once reistance is broke...the longer price takes to break that reistance the more buy stops accumulate...
MR sherminator i really like your trading style, my style is similar like your. I use buy stop or sell stop to enter position. but my broker set minimal pips for placing pending order is 15 pips from the current price. this is frustrating me. I like fxpro but I doubt their credibility, any suggestion?
  • #105,970
  • Dec 11, 2008 2:42am Dec 11, 2008 2:42am
came down faster than expected
  • #105,971
  • Dec 11, 2008 2:43am Dec 11, 2008 2:43am
There she goes tumbling when the euro session starts as expected
  • #105,972
  • Dec 11, 2008 2:43am Dec 11, 2008 2:43am
Quoting Shermenator
Nope I would not short at that point
ok , could you be more specific?? I haveto wait until the break of the next resistance 4903??if I'm wrong just let me know why??
  • #105,973
  • Dec 11, 2008 2:45am Dec 11, 2008 2:45am
footsie continues to plough through support levels
  • #105,974
  • Dec 11, 2008 2:45am Dec 11, 2008 2:45am
Quoting gagakrimba
There she goes tumbling when the euro session starts as expected
Europan like $$ they keep in the pocket, not for sale, no love euro itself ! But maybe a bearish trap only !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #105,975
  • Dec 11, 2008 2:49am Dec 11, 2008 2:49am
Quoting Mr.mo
ok , could you be more specific?? I haveto wait until the break of the next resistance 4903??if I'm wrong just let me know why??

its not an area the market fits my analysis for me to consider taking short....
  • #105,976
  • Edited 2:54am Dec 11, 2008 2:51am | Edited 2:54am
Quoting alcando
Can I ask why you select a level that is slightly higher than the current high. If it pops back to 14980 it would normally either be a target for a sell at that level or push right thru it to the next level of significance. To place your order just above the current high would lead you to suffer drawdown or lose.

1. Consider levels like the current high dependant on price action, or
2. A significant number like 15000-7 although this is so close to the current level that it is now likely to push thru it if it heads north, or
3. 150035-50 is a...
sound advice, good morning ALcando.

how's the attendees list coming along...? .... i know.... the first rule of KABLE KLUB is...

i'd like to come if i can make it.

how are you doing this week ?
  • #105,977
  • Dec 11, 2008 3:04am Dec 11, 2008 3:04am
Quoting Musashi69
MR sherminator i really like your trading style, my style is similar like your. I use buy stop or sell stop to enter position. but my broker set minimal pips for placing pending order is 15 pips from the current price. this is frustrating me. I like fxpro but I doubt their credibility, any suggestion?
I use gft to place certain trades and also have interbank....since I take counter trades to my trades...and gft does not let me
  • #105,978
  • Dec 11, 2008 3:08am Dec 11, 2008 3:08am
Hi Beeps.

We have quite a few players keen to meet up in the New Year. Should be good banter and quite beneficial to all. If there are any more London Forex traders who want to meet up with us please PM.

The week has been fine. Made most of the week's target on monday. The rest of the week has been a bit tough trading. Hope you finding yourself on the right side of her.

Quoting Beeps
sound advice, good morning ALcando.

how's the attendees list coming along...? .... i know.... the first rule of KABLE KLUB is...

i'd like to come if i can make it.

how are you doing this week ?
Ride the Bulls bearback!
  • #105,979
  • Dec 11, 2008 3:11am Dec 11, 2008 3:11am
Any Miami Florida traders?
  • #105,980
  • Dec 11, 2008 3:12am Dec 11, 2008 3:12am
Quoting Shermenator
Any Miami Florida traders?
Does Doral count? HAHA
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