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Cable Update (GBPUSD)

  • #109,501
  • Jan 6, 2009 4:58pm Jan 6, 2009 4:58pm
Quoting eohater
I like that she finally closed through the damn 10, I don't like it with such a flat bottom though. I wouldn't be surprised to see another push up, around 4975 before she falls. I hope she falls harder than she went up!!
well i hope there 'll be head & shluoders
et's fall
  • #109,502
  • Jan 6, 2009 5:02pm Jan 6, 2009 5:02pm
Quoting uut
well i hope there 'll be head & shluoders
et's fall
Just wait for the tokyo open bro.
  • #109,503
  • Jan 6, 2009 5:04pm Jan 6, 2009 5:04pm
Quoting Abuawad
7-1-2009
thnx i was very curious about today table
can you tell me - is this close H4 candle GMT timezone? or... ?
  • #109,504
  • Jan 6, 2009 5:04pm Jan 6, 2009 5:04pm
If cable gets under 1.4878, and stays under we could be looking at 1.4737 next target. This is just my opinion take it for what you will.

Let it play out baby
I need to finish something i started
  • #109,505
  • Jan 6, 2009 5:05pm Jan 6, 2009 5:05pm
Quoting fifo
thnx i was very curious about today table
can you tell me - is this close H4 candle GMT timezone? or... ?
EST time
  • #109,506
  • Jan 6, 2009 5:08pm Jan 6, 2009 5:08pm
Quoting Abuawad
EST time
thnx
  • #109,507
  • Jan 6, 2009 5:09pm Jan 6, 2009 5:09pm
Quoting RedCabbage
Obviously you didn't see what you wanted around the 14920 red line you posted earlier so you've gone to your next level.

What do you look for to qualify your short entry?

I havent tradede the pound ive been trading uj au and euro/aussie this week. I want a solid four hour close so if there wasnt one at 4920 I wait.
  • #109,508
  • Jan 6, 2009 5:33pm Jan 6, 2009 5:33pm
Just got back from my 10 yearly colonoscopy - that rise in cable this morning got me used to the sensation before I set off - and then some

Slammed my shorts on a little early this morning - but got most of my dosh back now...

lets hope the asian markets chew some more off so i can get out at break even

I have a policy of coming out at break even every time I miscalculate a position rather than trying to hit the original objective which would be greedy

call it lack of greed, call it account preservation but it 's a rule now and it works

Two thirds of my calls are wrong but I either s/l, or cut and run, or hang on only long enough to break even


The other third are where the real profits are - and the biggest are overnight positions or even over weekend - although they are more of a lottery
  • #109,509
  • Jan 6, 2009 5:43pm Jan 6, 2009 5:43pm
Quoting allserene
Just got back from my 10 yearly colonoscopy - that rise in cable this morning got me used to the sensation before I set off - and then some

Slammed my shorts on a little early this morning - but got most of my dosh back now...

lets hope the asian markets chew some more off so i can get out at break even

I have a policy of coming out at break even every time I miscalculate a position rather than trying to hit the original objective which would be greedy

call it lack of greed, call it account preservation but it 's a rule now and it works...
We're not crazy about it over here or in the UK.But our american colleagues love to perform colonoscopies.You might even say they're anal about it.Afraid all the fast food will bite them in the end.

Good system.Account preservation is the primary goal.Not too fond of overnight or overweekend though.
  • #109,510
  • Jan 6, 2009 6:06pm Jan 6, 2009 6:06pm
Quoting trader2160
We're not crazy about it over here or in the UK.But our american colleagues love to perform colonoscopies.You might even say they're anal about it.Afraid all the fast food will bite them in the end.

Good system.Account preservation is the primary goal.Not too fond of overnight or overweekend though.
I asked him to look for my spare set of car keys while he was at it - no luck....

I dont know what that medication is, but I have never felt so wonderful and happy for years. Absolutely dreamy. I would be scared to do drugs now - no way could I stop if it was like that. Almost as good as 4 pints of Timmy Taylor.

Ok now I know I am reconditioned and living for another 50 years, I had better make some serioius dosh on forex

Concentration, patience, looking at every time graph first , checking pending news, 100% stop losses - no more winging it - no rushing it - picking my battlefield. I have paid my dues and my account has been crawling up month after month so its now scaling up time now ...
  • #109,511
  • Jan 6, 2009 6:08pm Jan 6, 2009 6:08pm
Short GU at 1.4890
Give me patience
  • #109,512
  • Jan 6, 2009 6:19pm Jan 6, 2009 6:19pm
Quoting allserene
I asked him to look for my spare set of car keys while he was at it - no luck....

I dont know what that medication is, but I have never felt so wonderful and happy for years. Absolutely dreamy. I would be scared to do drugs now - no way could I stop if it was like that. Almost as good as 4 pints of Timmy Taylor.

Ok now I know I am reconditioned and living for another 50 years, I had better make some serioius dosh on forex

Concentration, patience, looking at every time graph first , checking pending news, 100% stop losses - no more winging...
Yeah they're big on sedative narcootics too.

The japanese better start nipping away at G/U.Theres a lot of room to the downside.
  • #109,513
  • Jan 6, 2009 6:22pm Jan 6, 2009 6:22pm
Quoting Bullfx
Short GU at 1.4890
What are you targetting bro.Good to have you on board the short ship too.
  • #109,514
  • Jan 6, 2009 6:29pm Jan 6, 2009 6:29pm
Quoting trader2160
Yeah they're big on sedative narcootics too.

The japanese better start nipping away at G/U.Theres a lot of room to the downside.
I once had pethidine in hospital - its opium like - the cabinet with it in had two key holes and it needed 2 doctors to open it otherwise they would all be at it all night. It was heavenly and i refused to go home overnight.
Never taken illegal drugs and never would, but I sure understand how they can drag you in. It's a bit like the sex then marriage process.

I reckon a 10k profit close out on cable must come close
  • #109,515
  • Jan 6, 2009 6:30pm Jan 6, 2009 6:30pm
Quoting trader2160
What are you targetting bro.Good to have you on board the short ship too.

you guys insist on selling after currencies have gone down over 100 pips. Can you explain that too me? Can you explain why the heck you were not selling 100 pips ago.

Constantly selling into a hole typical trait of many folks on here
  • #109,516
  • Jan 6, 2009 6:32pm Jan 6, 2009 6:32pm
Quoting allserene
I once had pethidine in hospital - its opium like - the cabinet with it in had two key holes and it needed 2 doctors to open it otherwise they would all be at it all night. It was heavenly and i refused to go home overnight.
Never taken illegal drugs and never would, but I sure understand how they can drag you in. It's a bit like the sex then marriage process.

I reckon a 10k profit close out on cable must come close
Like two keys are required to fire a nuclear missle from a sub in the movies.
How far do you need it to fall for the 10k.
  • #109,517
  • Jan 6, 2009 6:38pm Jan 6, 2009 6:38pm
Quoting steelhead
you guys insist on selling after currencies have gone down over 100 pips. Can you explain that too me? Can you explain why the heck you were not selling 100 pips ago.

Constantly selling into a hole typical trait of many folks on here
easy bro.I did sell close to the high.I also have a short 40 pips below here but its all good.Im already in the green.
  • #109,518
  • Jan 6, 2009 6:49pm Jan 6, 2009 6:49pm
Short GU, TP at 1.47 - 1.46
Give me patience
  • #109,519
  • Jan 6, 2009 6:51pm Jan 6, 2009 6:51pm
Quoting Bullfx
Short GU, TP at 1.47
Pending Short order sitting at 1.4930. Take Profit at 1.4720.
"The trend is your friend, until the end."
  • #109,520
  • Jan 6, 2009 6:52pm Jan 6, 2009 6:52pm
Quoting Bullfx
Short GU, TP at 1.47
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