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Cable Update (GBPUSD)

  • #113,701
  • Jan 21, 2009 11:01am Jan 21, 2009 11:01am
Quoting steelhead
Eo you gotta get out of mbt i have heard nothing but nasty things about them. I am testing a new broker today that I think has some potential.
I've been with them for about 4 years. I've never had a problem. Payments are always made on time to me. The only problem most have with them is the commission they charge to enter and exit a trade. They are definately not good when the market is thin, but when volume is present, I can get in for 1/10th of a pip at times and usually no more than 4 pip spread during regular volume..
Just digging in the trenches like everyone else!
  • #113,702
  • Jan 21, 2009 11:02am Jan 21, 2009 11:02am
Next stop....basement?
Hi, my name is Barry and you can keep your doctor...
  • #113,703
  • Jan 21, 2009 11:03am Jan 21, 2009 11:03am
Quoting Infinity
Having trouble getting above this broken line....
Multiyear lows are upon us...I see eu going down at least another 300 pips.... where will that leave gu...??
Patience + Discipline - Greed = Success
  • #113,704
  • Jan 21, 2009 11:03am Jan 21, 2009 11:03am
slap my thighs - we are in freefall

cool
  • #113,705
  • Jan 21, 2009 11:05am Jan 21, 2009 11:05am
Quoting Infinity
Multiyear lows are upon us...I see eu going down at least another 300 pips.... where will that leave gu...??
when it hits 1.15, i will sell all my shares and wire it as GBP to london
  • #113,706
  • Jan 21, 2009 11:06am Jan 21, 2009 11:06am
This says it all: Huge.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 37 KB
Probability Professor
  • #113,707
  • Jan 21, 2009 11:08am Jan 21, 2009 11:08am
Quoting Galation
This says it all: Huge.
The monthly chart looks sexier...
Patience + Discipline - Greed = Success
  • #113,708
  • Jan 21, 2009 11:08am Jan 21, 2009 11:08am
Quoting cisco
Next stop....basement?
Just digging in the trenches like everyone else!
  • #113,709
  • Jan 21, 2009 11:09am Jan 21, 2009 11:09am
We were wondering whether to go to london or hawaii for wife's birthday in july

I think I just decided
  • #113,710
  • Jan 21, 2009 11:10am Jan 21, 2009 11:10am
this is a shakeout to get all the fools short the break of 3680. thats all it is. another long at 3630 for me
  • #113,711
  • Jan 21, 2009 11:13am Jan 21, 2009 11:13am
Quoting steelhead
this is a shakeout to get all the fools short the break of 3680. thats all it is. another long at 3630 for me
I knew I wouldn't be alone on this one. I'm in at 3629 myself. Covered already at +2 though.
Just digging in the trenches like everyone else!
  • #113,712
  • Jan 21, 2009 11:13am Jan 21, 2009 11:13am
Quoting allserene
We were wondering whether to go to london or hawaii for wife's birthday in july

I think I just decided
come to London! i'll shout you a pint of London Pride... i won't be able to afford any foreign ales,,,
  • #113,713
  • Jan 21, 2009 11:14am Jan 21, 2009 11:14am
I'm done for this session, been shorting and longing her all morning....now long from 3625, with a +2, s/l.

Lunch time......

HOLLA
  • #113,714
  • Jan 21, 2009 11:15am Jan 21, 2009 11:15am
Quoting eohater
I knew I wouldn't be alone on this one. I'm in at 3629 myself. Covered already at +2 though.
with you both. long at 51. very low leverage at the moment, so I have plenty more bullets waiting is she goes even lower
  • #113,715
  • Jan 21, 2009 11:16am Jan 21, 2009 11:16am
Quoting steelhead
this is a shakeout to get all the fools short the break of 3680. thats all it is. another long at 3630 for me
True, the market makers are probably fading this breakout, however, after a small retracement, I believe the price will come back to retest it.
Probability Professor
  • #113,716
  • Jan 21, 2009 11:16am Jan 21, 2009 11:16am
Quoting eohater
I knew I wouldn't be alone on this one. I'm in at 3629 myself. Covered already at +2 though.
Nope, you got company!!!

HOLLA
  • #113,717
  • Jan 21, 2009 11:16am Jan 21, 2009 11:16am
Quoting eohater
I knew I wouldn't be alone on this one. I'm in at 3629 myself. Covered already at +2 though.
Good trade bro! I'm going to lunch so I did'nt take it.. will see where price is later on...

Quoting Turtle
I'm done for this session, been shorting and longing her all morning....now long from 3625, with a +2, s/l.

Lunch time......

HOLLA
Excellent stuff bro!!
Patience + Discipline - Greed = Success
  • #113,718
  • Jan 21, 2009 11:17am Jan 21, 2009 11:17am
Quoting Turtle
Nope, you got company!!!

HOLLA
Come on troops!!
  • #113,719
  • Jan 21, 2009 11:20am Jan 21, 2009 11:20am
Quoting gammase1
Come on troops!!
Mine are marching, but guarded, 3680 was a huge level of support and we smacked the shit out of it like there was no tomorrow.
Just digging in the trenches like everyone else!
  • #113,720
  • Jan 21, 2009 11:22am Jan 21, 2009 11:22am
Quoting eohater
Mine are marching, but guarded, 3680 was a huge level of support and we smacked the shit out of it like there was no tomorrow.
am on lowest lot size that i trade, so cautious approach at this stage. watching price action like a hawk....
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