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Cable Update (GBPUSD)

  • #111,221
  • Jan 13, 2009 3:00pm Jan 13, 2009 3:00pm
Quoting Si Tr4d3r
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????
I think it's your broker. My feed on 5 min chart has not shown 1.4477 since 40 minutes ago.
  • #111,222
  • Jan 13, 2009 3:00pm Jan 13, 2009 3:00pm
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.
I wouldn't call today's movement a speeding train. I would call is a steady crawl for sure.
Just digging in the trenches like everyone else!
  • #111,223
  • Jan 13, 2009 3:01pm Jan 13, 2009 3:01pm
interesting to note, not sure if anyone pointed it out already and the chart i use for tracking the dollar index is not all that good but it works for daily. the gap that came on dec 8 (not sure if the charts i use are just missing a bar or not, can anyone confirm the gap that i see??) has just been filled today. also the 50 day ma capped the dollar index today...
  • #111,224
  • Jan 13, 2009 3:01pm Jan 13, 2009 3:01pm
Quoting Si Tr4d3r
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
Does your broker go idle for 3 mins for the turn of the day? Price on my chart is 4512atm.
Just digging in the trenches like everyone else!
  • #111,225
  • Jan 13, 2009 3:03pm Jan 13, 2009 3:03pm
time to sleep, and add, Pending order on asia session...... see ya in next 8 hour.

add Sell Limit @ 4470
and buy Limit @ 4535

happy green pips all
  • #111,226
  • Jan 13, 2009 3:03pm Jan 13, 2009 3:03pm
Quoting eohater
I wouldn't call today's movement a speeding train. I would call is a steady crawl for sure.
I meant speeding train on the larger time frames, not just today...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddaily.jpg Size: 121 KB
  • #111,227
  • Jan 13, 2009 3:07pm Jan 13, 2009 3:07pm
Quoting eohater
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.
yep realistically were prob looking at a retrace to around 4730-82 ... will be a crucial area if it does indeed retrace that far over the next 10 hours.. But after it could fall to make a new low.
USD Est Non Mortuus
  • #111,228
  • Jan 13, 2009 3:08pm Jan 13, 2009 3:08pm
Quoting eohater
I wouldn't call today's movement a speeding train. I would call is a steady crawl for sure.
or a death from a thousand cuts (for those who went long at the top)....

certainly not a speeding train though, you're right

just logged on to check on my long and see that i am very slightly in the green - enough for a morning coffee tomorrow and not much else.
  • #111,229
  • Jan 13, 2009 3:09pm Jan 13, 2009 3:09pm
Quoting Liquid
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.
lol. Not realy. it was only £15 and I'm 24quid up if I take my profit now..

it's the other 460 I leant to THE MAN that I want back. With intrest..

it was do or die and now I'm in the green i can't lose on this one. Have been dummy trading as a practice but its easy to make the calls and most of them have worked out but when it comes to putting your balls on the line I lack the confidence and then miss the setup and try and get back into it thats been my real problem coupled with an almost empty account you have to be sure cos I can only just cover the min 15pip s/l.

But Thanks Man..
  • #111,230
  • Jan 13, 2009 3:14pm Jan 13, 2009 3:14pm
Quoting eohater
Does your broker go idle for 3 mins for the turn of the day? Price on my chart is 4512atm.
Yeah you have to ring if you want to trade but thats around 8pm (3hrs ago)

Never seen that happen before. Weird.
  • #111,231
  • Jan 13, 2009 3:19pm Jan 13, 2009 3:19pm
Inserted Video


For those who dont think this market is manipulated watch this video.


Hope you are on the rightside of the trade
  • #111,232
  • Jan 13, 2009 4:13pm Jan 13, 2009 4:13pm
Quoting steelhead
http://www.youtube.com/watch?fs=1&eu...&v=vfWSRuNm6do

For those who dont think this market is manipulated watch this video.


Hope you are on the rightside of the trade
Very interesting video, thanks for that Steelhead.
Probability Professor
  • #111,233
  • Jan 13, 2009 4:14pm Jan 13, 2009 4:14pm
Quoting steelhead
http://www.youtube.com/watch?fs=1&eu...&v=vfWSRuNm6do

For those who dont think this market is manipulated watch this video.


Hope you are on the rightside of the trade
Very interesting video.
  • #111,234
  • Jan 13, 2009 4:19pm Jan 13, 2009 4:19pm
also remember the gap from Sunday hasn't been filled. Laughing. That would be crazy if it goes back that high.
  • #111,235
  • Jan 13, 2009 4:21pm Jan 13, 2009 4:21pm
hehe.. pay no attention to the gaps... each broker has different opening times... once I learned that.. I stopped even thinking about gaps.

Quoting newbe
also remember the gap from Sunday hasn't been filled. Laughing. That would be crazy if it goes back that high.
DireXiv Make it happen, no one else is going to do it for you...
  • #111,236
  • Jan 13, 2009 4:29pm Jan 13, 2009 4:29pm
Quoting LuckyLurker
yep realistically were prob looking at a retrace to around 4730-82 ... will be a crucial area if it does indeed retrace that far over the next 10 hours.. But after it could fall to make a new low.
I would like that amount of a retrace for sure and so would my long. I'll be looking for a short there.
Just digging in the trenches like everyone else!
  • #111,237
  • Jan 13, 2009 4:29pm Jan 13, 2009 4:29pm
Quoting steelhead
http://www.youtube.com/watch?fs=1&eu...&v=vfWSRuNm6do

For those who dont think this market is manipulated watch this video.


Hope you are on the rightside of the trade
Thanks Steelhead.

Quite believable really. Just google 'the Bilderburg group' plenty to worry you there too.


Do you think they will post there weekly market predictions for us..
  • #111,238
  • Jan 13, 2009 4:30pm Jan 13, 2009 4:30pm
Quoting Si Tr4d3r
lol. Not realy. it was only £15 and I'm 24quid up if I take my profit now..

it's the other 460 I leant to THE MAN...
hehe i risk my hole money if the pattern is beatifulllll
dont risk all your money in everytrade.....

PSi' had blown up my account, previous months ago)
  • #111,239
  • Jan 13, 2009 4:30pm Jan 13, 2009 4:30pm
Quoting newbe
also remember the gap from Sunday hasn't been filled. Laughing. That would be crazy if it goes back that high.
dont be surprised if it does exactly that!
  • #111,240
  • Jan 13, 2009 4:36pm Jan 13, 2009 4:36pm
Quoting PipLand
dont be surprised if it does exactly that!
Now you have me drooling! 6 lots for 700 pips. YEAH! That would get my money back for sure that I loaned out last week.
Just digging in the trenches like everyone else!
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