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Cable Update (GBPUSD)

  • #117,201
  • Feb 2, 2009 10:06pm Feb 2, 2009 10:06pm
Quoting blurrcow
hey wats up??? down+50 pips in 30 mins

that was sweet! now lets see if it retraces up to downward 5min trendline
  • #117,202
  • Feb 2, 2009 10:59pm Feb 2, 2009 10:59pm
Quoting golatigo
been short since 4250 - thinking 4150 or lower

what's your target / opinion?
I'm not sure, I'm thinking 4050 for first TP and go from there. I keep missing my add on opportunities. I've only added once and I should have added twice. I'm sure I'll get more opportunities. Breaking 4000 is going to be a bitch, but once she pops, I think she'll fall even harder. I wouldn't mind holding to 35 and possible lower, I keep moving my SL and as long as I don't get taken out, I'll keep building my position. I built one like this last week long from 394 to about the top and she paid out very nicely. It'll get funny tomorrow during the US Session when I go long in one account and stay short in my other.
Just digging in the trenches like everyone else!
  • #117,203
  • Feb 2, 2009 11:18pm Feb 2, 2009 11:18pm
Quoting eohater
I'm not sure, I'm thinking 4050 for first TP and go from there....
so we are FINALLY looking like we are going South now, EO ??
  • #117,204
  • Feb 2, 2009 11:22pm Feb 2, 2009 11:22pm
Quoting eohater
I... I keep moving my SL and as long as I don't get taken out, I'll keep building my position.....
trying to learn what sort of SL should I also keep if i want to ride this all the way down with you...

could you help to publish it here in this forum?? i am sure others wud be interested too... thanks!
  • #117,205
  • Feb 2, 2009 11:23pm Feb 2, 2009 11:23pm
Quoting blurrcow
so we are FINALLY looking like we are going South now, EO ??
We could also just range for the next couple of days, but I believe we will eventually end up below 1.35. I still have 4850 in my sights as well, but should she get there, I'll short the shit out of her.
Just digging in the trenches like everyone else!
  • #117,206
  • Feb 2, 2009 11:34pm Feb 2, 2009 11:34pm
listen to me, go long to the pound on dips...

you will be hurted if you short it again
  • #117,207
  • Feb 2, 2009 11:42pm Feb 2, 2009 11:42pm
Quoting eohater
I'm not sure, I'm thinking 4050 for first TP and go from there. I keep missing my add on opportunities. I've only added once and I should have added twice. I'm sure I'll get more opportunities. Breaking 4000 is going to be a bitch, but once she pops, I think she'll fall even harder. I wouldn't mind holding to 35 and possible lower, I keep moving my SL and as long as I don't get taken out, I'll keep building my position. I built one like this last week long from 394 to about the top and she paid out very nicely. It'll get funny tomorrow during the...

Sounds like a plan
Still in on that short - almost got out, but still think it will hit 4150 or farther
just jumped on a short on usd/eur from 2850 - tp 2750 - we'll see
  • #117,208
  • Feb 2, 2009 11:42pm Feb 2, 2009 11:42pm
Quoting fammira
listen to me, go long to the pound on dips...

you will be hurted if you short it again
I sure as hell wouldn't go short at the current price and I am short. My price is higher up. If anything, I would have went long around 4180 targeting 4230.
Just digging in the trenches like everyone else!
  • #117,209
  • Feb 2, 2009 11:46pm Feb 2, 2009 11:46pm
Quoting golatigo
Sounds like a plan
Still in on that short - almost got out, but still think it will hit 4150 or farther
just jumped on a short on usd/eur from 2850 - tp 2750 - we'll see
I don't trade the EUR/USD. You did get a nice price on that sell order though. If I did trade it, my system said short it right there. This is just from a quick glance at the 15m chart.

As I type this, I'm saying, shit, look at cable!
Just digging in the trenches like everyone else!
  • #117,210
  • Feb 2, 2009 11:48pm Feb 2, 2009 11:48pm
Quoting eohater
....I would have went long around 4180 targeting 4230.
Just digging in the trenches like everyone else!
  • #117,211
  • Feb 2, 2009 11:51pm Feb 2, 2009 11:51pm
Quoting eohater
I don't trade the EUR/USD. You did get a nice price on that sell order though. If I did trade it, my system said short it right there. This is just from a quick glance at the 15m chart.

As I type this, I'm saying, shit, look at cable!
got out of the eur trade +2 - didn't like the P A
AND my gbp/usd short just got stoped out for only +20
should have jumped ship earlier - oh well
been scalpin here and there so i've got 70+ today
so far so good for the week - right on target +

out for now waiting for nice looking bus going my way
  • #117,212
  • Feb 2, 2009 11:53pm Feb 2, 2009 11:53pm
Quoting eohater
missed a good trade...
I'm waiting for 1.4260-70 to short her
  • #117,213
  • Feb 2, 2009 11:56pm Feb 2, 2009 11:56pm
Quoting golatigo
got out of the eur trade +2 - didn't like the P A
AND my gbp/usd short just got stoped out for only +20
should have jumped ship earlier - oh well
been scalpin here and there so i've got 70+ today
so far so good for the week - right on target +

out for now waiting for nice looking bus going my way
Good job on the pippage!

That's some good pips to come out of the Asian session with! I'm on target as well, but I should probably be trading this for her movements and not as a position trade.
Just digging in the trenches like everyone else!
  • #117,214
  • Feb 2, 2009 11:57pm Feb 2, 2009 11:57pm
Quoting laromanell
missed a good trade...
I'm waiting for 1.4260-70 to short her
If your going to take this trade, I recomment you wait til the 15m and 1h candles close. My SL would be 30 pips, but that's just me. She just rose like a banshi and this is going to be against the grain of the last 1h
Just digging in the trenches like everyone else!
  • #117,215
  • Feb 3, 2009 12:05am Feb 3, 2009 12:05am
Quoting eohater
Good job on the pippage!

That's some good pips to come out of the Asian session with! I'm on target as well, but I should probably be trading this for her movements and not as a position trade.
that was wild - 60 pips candle on the 15 - makes ya wonder
almost jumped back on the short bus again above 4250 - no guts

still at the bus stop - bus fare in pocket
  • #117,216
  • Feb 3, 2009 12:06am Feb 3, 2009 12:06am
Quoting eohater
If your going to take this trade, I recomment you wait til the 15m and 1h candles close. My SL would be 30 pips, but that's just me. She just rose like a banshi and this is going to be against the grain of the last 1h
went short @ 1.4250, stop at 1.4290. let's see how she goes, a lot of support to go through now, she was crazy when she swept away all the ma's on her upmove.
  • #117,217
  • Feb 3, 2009 12:11am Feb 3, 2009 12:11am
i hardly trade 15min chat..but i tried it yestarday..it seems to be working more than the 1hr chat.

eohater are you there?
  • #117,218
  • Feb 3, 2009 12:12am Feb 3, 2009 12:12am
Quoting laromanell
went short @ 1.4250, stop at 1.4290. let's see how she goes, a lot of support to go through now, she was crazy when she swept away all the ma's on her upmove.
long and go ... crazy
Give me patience
  • #117,219
  • Feb 3, 2009 12:13am Feb 3, 2009 12:13am
i hardly trade 15min chat..but i tried it yesterday..it seems to be working more than the 1hr chat.

eohater are you there?
  • #117,220
  • Feb 3, 2009 12:14am Feb 3, 2009 12:14am
  •  Trader#0EAB
  • | Status: Unregistered Trader
gonna run to 285 then drop.... short time almost
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