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Cable Update (GBPUSD)

  • #111,201
  • Jan 13, 2009 3:39pm Jan 13, 2009 3:39pm
i think tomorrow we will see some strength for cable during UK session, to retch the top then dive again down with US session is start to a new button.
  • #111,202
  • Jan 13, 2009 3:55pm Jan 13, 2009 3:55pm
Quoting Abuawad
i think tomorrow we will see some strength for cable during UK session, to retch the top then dive again down with US session is start to a new button.
yeah i reckon we will be back upto test that trendline as well tomorrow, i wont be shorting up there untill i see confirmation that the trendline has held though cause i think there is a chance we could break it
  • #111,203
  • Jan 13, 2009 3:59pm Jan 13, 2009 3:59pm
wonder if this is a bottom on the 15 mins..

dunno

anyway i am on pacific time so i cant play on this much evidence at this time of day

ok i will take the xmas tree down instead
  • #111,204
  • Jan 13, 2009 4:18pm Jan 13, 2009 4:18pm
Quoting allserene
wonder if this is a bottom on the 15 mins..

dunno

anyway i am on pacific time so i cant play on this much evidence at this time of day

ok i will take the xmas tree down instead
lol, i hope its a bottom, im all in and waiting for a reversal
  • #111,205
  • Jan 13, 2009 4:19pm Jan 13, 2009 4:19pm
wow spikes!!!!
  • #111,206
  • Jan 13, 2009 4:30pm Jan 13, 2009 4:30pm
i think its time for cable to fly
  • #111,207
  • Jan 13, 2009 4:34pm Jan 13, 2009 4:34pm
Back from footy and still in it.

Now that is a suprise.

got my s/l upto +1 @ 4483

Shower, food, sleep, +500pips, then off to work. if only..

Or if it carries on this slow inflation will overtake the profit..
  • #111,208
  • Jan 13, 2009 4:38pm Jan 13, 2009 4:38pm
Quoting PipLand
cool, good luck hopefully you will come back to +500
I'm back but not up +500, but still in it! YEAH!! I haven't been closed out for +2 yet.
Just digging in the trenches like everyone else!
  • #111,209
  • Jan 13, 2009 4:40pm Jan 13, 2009 4:40pm
Quoting PipLand
i think its time for cable to fly

yeah hopefully for some optimistic reason im hoping this is higher low were putting in, thinking along with others, it would be nice to see some strength in this pair considering the dive its made all week. i went in long at 14492 and pulled my stop to +5 and go knocked out a few mins ago on those corny spikes....heavy hitter over here pullin 5 pips watch out fellas im startin the day strong haha

i guess its better than losing 5, considering i got beat up last night shorting eur/gbp i was knocked out of that trade real quick
  • #111,210
  • Jan 13, 2009 4:40pm Jan 13, 2009 4:40pm
Just from observation, I don't like how the 1h candle is shaping up.
Just digging in the trenches like everyone else!
  • #111,211
  • Jan 13, 2009 4:40pm Jan 13, 2009 4:40pm


Lets Ride!!
  • #111,212
  • Jan 13, 2009 4:41pm Jan 13, 2009 4:41pm
Quoting Si Tr4d3r


Lets Ride!!
Hell yeah bro! I've been trying to ride her north all damn day. It's time!!
Just digging in the trenches like everyone else!
  • #111,213
  • Jan 13, 2009 4:43pm Jan 13, 2009 4:43pm
Quoting eohater
I'm back but not up +500, but still in it! YEAH!! I haven't been closed out for +2 yet.
good good, hopefully the +500 pips are coming up shortly!!
  • #111,214
  • Jan 13, 2009 4:45pm Jan 13, 2009 4:45pm
Quoting NwFXenthsist
yeah hopefully for some optimistic reason im hoping this is higher low were putting in, thinking along with others, it would be nice to see some strength in this pair considering the dive its made all week. i went in long at 14492 and pulled my stop to +5 and go knocked out a few mins ago on those corny spikes....heavy hitter over here pullin 5 pips watch out fellas im startin the day strong haha

i guess its better than losing 5, considering i got beat up last night shorting eur/gbp i was knocked out of that trade real quick
yeah 5 pips is better than nothing, its hard to tell about the price action at the moment as the volume is pretty thin this time of day, those spikes were weird earlier though
  • #111,215
  • Jan 13, 2009 4:45pm Jan 13, 2009 4:45pm
Quoting eohater
Hell yeah bro! I've been trying to ride her north all damn day. It's time!!

Ive been tryin' all week

Used 50% of my account for my s/l on this one..lol.

Lots of learner mistakes and lessons learned has dwindled my acc. I could do with this ride bro.
  • #111,216
  • Jan 13, 2009 4:54pm Jan 13, 2009 4:54pm
A lot of people here today decided to stand infront of a speeding train on the smaller time frames, sometimes you need to sit back and watch the larger time frames.
  • #111,217
  • Jan 13, 2009 4:56pm Jan 13, 2009 4:56pm
Quoting Si Tr4d3r
Ive been tryin' all week

Used 50% of my account for my s/l on this one..lol.

Lots of learner mistakes and lessons learned has dwindled my acc. I could do with this ride bro.
Really sorry to hear that, but i think using 50% of you account for a SL is quite risky though, build your account back slowly but surely, i hope this trade goes well for you but be carefull
  • #111,218
  • Jan 13, 2009 4:57pm Jan 13, 2009 4:57pm
Quoting Si Tr4d3r
Ive been tryin' all week

Used 50% of my account for my s/l on this one..lol.

Lots of learner mistakes and lessons learned has dwindled my acc. I could do with this ride bro.
Becareful! We are only 150 pips away from 1.4350. She could turn and run down there without a warning. Have your SL in place, hopefully green. You want to be able to battle another day. 1.4350 and lower is a reality I think we will see. There will be mega buyers below 1.43 area and lower. I'll be loading up there for sure for a position trade. ATM, I'm just letting this run, I'm covered +2, she might produce a couple hundred pips, but she could turn around and run south for the border.
Just digging in the trenches like everyone else!
  • #111,219
  • Edited 4:59pm Jan 13, 2009 4:58pm | Edited 4:59pm
Quoting Liquid
A lot of people here today decided to stand infront of a speeding train on the smaller time frames, sometimes you need to sit back and watch the larger time frames.

your so right.

anybody know whats going on?

my feeds for cable stopped for a few mins then. apart from daily showing 14477.

its just done it again. broker showing 14503 but didnt change for 8 mins other pairs working ok.

serious spikes or what????

or is it the end of day? DUMFUS
  • #111,220
  • Jan 13, 2009 4:58pm Jan 13, 2009 4:58pm
Quoting Si Tr4d3r
Ive been tryin' all week

Used 50% of my account for my s/l on this one..lol.

Lots of learner mistakes and lessons learned has dwindled my acc. I could do with this ride bro.

Money Management has got to be the #1 killer for a lot of traders. Never risk more than 3% of your account on any 1 trade. It's going to take a lot of work to build back that 50% loss.
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