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Cable Update (GBPUSD)

  • #124,301
  • Mar 2, 2009 10:19am Mar 2, 2009 10:19am
Quoting Shilva
Hay Cablexpert......would this count as a call????
hAHAHAHa, im curious how you can place it as an order..
  • #124,302
  • Mar 2, 2009 10:32am Mar 2, 2009 10:32am
Quoting PipLand
You scared everyone away! lol

The dow looks like it may have found some short term support at the 6800 level, which would be nice as Im still holding cable long
Amazed at my power !

I log out and back on to see if the forum was stuck

lost USD 15k on the DOW today - heavy in oil and miners - it's past a joke now

oh well - as they say, only another 6800 points to go and then we can relax
  • #124,303
  • Mar 2, 2009 10:36am Mar 2, 2009 10:36am
you really lost USD 15k on the DOW today in real account or is it a joke?
ROBOT FOREX
  • #124,304
  • Mar 2, 2009 10:40am Mar 2, 2009 10:40am
Quoting allserene
Amazed at my power !

I log out and back on to see if the forum was stuck

lost USD 15k on the DOW today - heavy in oil and miners - it's past a joke now

oh well - as they say, only another 6800 points to go and then we can relax
Damn!! Sorry to hear that! did you have to close out your positions or you holding for a rebound?

Im glad I gave up trading shares!!
  • #124,305
  • Mar 2, 2009 10:44am Mar 2, 2009 10:44am
Quoting allserene
Amazed at my power !

I log out and back on to see if the forum was stuck

lost USD 15k on the DOW today - heavy in oil and miners - it's past a joke now

oh well - as they say, only another 6800 points to go and then we can relax
Sizeable writedowns here, too. Made a decision this morning (stupidly, as it now appears!!) to close out my short index hedges after the FTSE was down by 120 points, making me long equities. I also used this 120 point drop to increase physical positions in "carefully" selected individual companies.

I was then away from my screen all day and have recently logged on to find a sea of red. Still, I will use this as an opportunity to scale in further tomorrow with increased long positions in individual stocks and selected funds geared to Asian (exc Japan) economies.

If equities drop further, then I shall kid myself that I am investing for the long-term, like Mr Buffett, and am not interested in these short-term gyrations...

Self-delusion is an essential attribute that one needs to cope with the stresses of the markets. That, and keeping your powder dry for future opportunities...

Gods of the markets, please help me in these difficult times.
  • #124,306
  • Mar 2, 2009 10:53am Mar 2, 2009 10:53am
Quoting gammase1
Sizeable writedowns here, too. Made a decision this morning (stupidly, as it now appears!!) to close out my short index hedges after the FTSE was down by 120 points, making me long equities. I also used this 120 point drop to increase physical positions in "carefully" selected individual companies.

I was then away from my screen all day and have recently logged on to find a sea of red. Still, I will use this as an opportunity to scale in further tomorrow with increased long positions in individual stocks and selected funds geared to Asian (exc...
Quoting allserene
Amazed at my power !

I log out and back on to see if the forum was stuck

lost USD 15k on the DOW today - heavy in oil and miners - it's past a joke now

oh well - as they say, only another 6800 points to go and then we can relax
6800 on the Dow still holding, you guys might be in the money by tomorrow! Dows got a big gap to fill
  • #124,307
  • Mar 2, 2009 11:04am Mar 2, 2009 11:04am
Quoting Forbes55
you really lost USD 15k on the DOW today in real account or is it a joke?
Its true

I have lost tons this year

I was in cash until september then decided it was a good buying time

wrong

I judged it wasnt the big depression - but me and warren buffet were wrong

it is
  • #124,308
  • Mar 2, 2009 11:13am Mar 2, 2009 11:13am
Quoting allserene
Its true

I have lost tons this year

I was in cash until september then decided it was a good buying time

wrong

I judged it wasnt the big depression - but me and warren buffet were wrong

it is
I'm down $7.5k so far today, which comfortably wipes out my gains from last week....

Never, ever give up...
  • #124,309
  • Mar 2, 2009 11:20am Mar 2, 2009 11:20am
I am goin for a 35 pips long
  • #124,310
  • Mar 2, 2009 11:20am Mar 2, 2009 11:20am
so is anyone going long or short at this point? debating whether i should sit out on the sidelines for a little bit longer.
  • #124,311
  • Mar 2, 2009 11:22am Mar 2, 2009 11:22am
Quoting PipLand
6800 on the Dow still holding, you guys might be in the money by tomorrow! Dows got a big gap to fill
hi pipland, have you changed your SL of Long position at 13988 yet?
  • #124,312
  • Mar 2, 2009 11:24am Mar 2, 2009 11:24am
[quote=allserene;2573857]Its true

I have lost tons this year [/quote

I hope u make it back man....I know u have the skill to do it ...
  • #124,313
  • Mar 2, 2009 11:27am Mar 2, 2009 11:27am
Hmm do you guys think we will break the 1.4000 support level???It did it earlier, but rebounded, hope it falls wayyyyyyyy down lol
"Don't work for your money, but let money work for you."
  • #124,314
  • Mar 2, 2009 11:28am Mar 2, 2009 11:28am
Quoting Benjie
I am goin for a 35 pips long
strong resistance at 4050 i couldnt advise a long from here without a good signal and thre hasnt been one recently
  • #124,315
  • Mar 2, 2009 11:28am Mar 2, 2009 11:28am
Quoting kalparker
so is anyone going long or short at this point? debating whether i should sit out on the sidelines for a little bit longer.
sidelines is best from this level is my opinion
  • #124,316
  • Mar 2, 2009 11:30am Mar 2, 2009 11:30am
Quoting leu02cz
hi pipland, have you changed your SL of Long position at 13988 yet?
My SL is at 1.3990 still, we are facing strong resistance at 4048 area as expected I may close soon but holding for now and hoping for a break of 4050
  • #124,317
  • Mar 2, 2009 11:31am Mar 2, 2009 11:31am
Quoting PipLand
sidelines is best from this level is my opinion
scalpin for 35 pips
  • #124,318
  • Mar 2, 2009 11:34am Mar 2, 2009 11:34am
wohoo a dow rally
  • #124,319
  • Mar 2, 2009 11:38am Mar 2, 2009 11:38am
hey pip land is there any demos where I can use metatrader on USD Index and S & P and DOW ?
  • #124,320
  • Mar 2, 2009 11:46am Mar 2, 2009 11:46am
Quoting Benjie
hey pip land is there any demos where I can use metatrader on USD Index and S & P and DOW ?
I havent tried this yet but someone else posted this on this forum so i cant take credit. But apparently it has Dow and dollar index, not sure about S&P though.

http://www.forexltd.co.uk/study/opendemoacc/instr/

hope that helps
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