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Cable Update (GBPUSD)

  • #125,341
  • Mar 6, 2009 9:55am Mar 6, 2009 9:55am
Hi everyone,

Brand new to the forum and a trader in training. Had a good day on the GBP/USD yesterday but went short at 1.4077.

It's on its way now but anyone see it getting back down around there today?

Right now I'm riding a short at 1.4264. About to jump ship on that one.

Thanks everyone! I've really learned a lot from you all over the past few months. http://www.forexfactory.com/images/icons/icon10.gif

EDIT: Just jumped ship at 1.4146.....COOL!
Ghost Rider - WWTBMD?
  • #125,342
  • Mar 6, 2009 9:55am Mar 6, 2009 9:55am
OK let's get to ready buy button soon if we don't want to miss the action again
ROBOT FOREX
  • #125,343
  • Mar 6, 2009 9:59am Mar 6, 2009 9:59am
Quoting Forbes55
OK let's get to ready buy button soon if we don't want to miss the action again
If we get to 4060 i might buy
  • #125,344
  • Mar 6, 2009 10:01am Mar 6, 2009 10:01am
Sorry to whom hold short, I have ate your short at least + 20 pips because I went long from 1.4133 ( my DP level ) !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #125,345
  • Mar 6, 2009 10:03am Mar 6, 2009 10:03am
Went long at 1.4142
BANDA333
  • #125,346
  • Mar 6, 2009 10:04am Mar 6, 2009 10:04am
Quoting PipLand
If we get to 4060 i might buy
From your keyborad to the Forex GODS eyes. I'd love to see 4060 today so I can close for the weekend.
Ghost Rider - WWTBMD?
  • #125,347
  • Mar 6, 2009 10:04am Mar 6, 2009 10:04am
too early to long
at least from level 1.41
ROBOT FOREX
  • #125,348
  • Mar 6, 2009 10:06am Mar 6, 2009 10:06am
Quoting manize
Sorry to whom hold short, I have ate your short at least + 20 pips because I went long from 1.4133 ( my DP level ) !
Ups hit + 8 pips again !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #125,349
  • Mar 6, 2009 10:09am Mar 6, 2009 10:09am
Holding short to 4038, stop at 4165. Let it ride boys, let it ride.
  • #125,350
  • Mar 6, 2009 10:11am Mar 6, 2009 10:11am
closed out at 4110 all done for now
  • #125,351
  • Mar 6, 2009 10:12am Mar 6, 2009 10:12am
Quoting TheDirtySerb
Holding short to 4038, stop at 4165. Let it ride boys, let it ride.
I reckon we could get to 4060 but i didnt like the bounce off 4100 rather bank my monies for the weekend
  • #125,352
  • Mar 6, 2009 10:13am Mar 6, 2009 10:13am
what a roller coaster, shorted at 1.4220, watched it ride to 1.43065, then collapse and close it out at 1.4120.
  • #125,353
  • Mar 6, 2009 10:13am Mar 6, 2009 10:13am
Quoting PipLand
closed out at 4110 all done for now
now you may press the buy button
ROBOT FOREX
  • #125,354
  • Mar 6, 2009 10:14am Mar 6, 2009 10:14am
Quoting PipLand
closed out at 4110 all done for now

I'm thinking just a small bounce or stall off psych level, then break further down.
  • #125,355
  • Mar 6, 2009 10:16am Mar 6, 2009 10:16am
I might think twice about shorting from here, I have a feeling US equities will rally of these lows, pushing down the dollar cross.
  • #125,356
  • Mar 6, 2009 10:20am Mar 6, 2009 10:20am
Quoting kalparker
I might think twice about shorting from here, I have a feeling US equities will rally of these lows, pushing down the dollar cross.
yeah plus you would be mad to short this after such a drop
  • #125,357
  • Mar 6, 2009 10:20am Mar 6, 2009 10:20am
entry was not good I think this is going to make a big pin on hourly ..........will close the week around 1.42
BANDA333
  • #125,358
  • Mar 6, 2009 10:22am Mar 6, 2009 10:22am
ok
who pressed the buy button now? it's good time I smell for 50 pips up!
ROBOT FOREX
  • #125,359
  • Mar 6, 2009 10:22am Mar 6, 2009 10:22am
Quoting TheDirtySerb
I'm thinking just a small bounce or stall off psych level, then break further down.
And you were correct watch out for 4050 - 4060 rising channel there dont let gaining just an extra 20 pips stop you from getting your big prize! well done
  • #125,360
  • Mar 6, 2009 10:22am Mar 6, 2009 10:22am
Just talked to an old friend...he houses a chat site for stock traders. Penny players to bigboards, forum included....

We have chatted before about opening a separate chat for forex, he has a fist full of members interested.

I am not trying to take anything away from this forum or its members, but more so to add a feature to all of our learning and growing in the forex marketplace.

I will be working this weekend to get something together, hopefully done for opening bell next week.

I will post more as I know...hopefully get a couple of you great players on board, help the rest of us newbs.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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