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Cable Update (GBPUSD)

  • #127,721
  • Mar 23, 2009 12:49pm Mar 23, 2009 12:49pm
Quoting PipLand
At least something gets done over there. The goverment is too scared to do anythign here they get walked over left right and centre!

I was thinking about shorting the DOW too as I typed it but it jumps around so much i never know where to put my SL. FTSE is easier in my opinion i took a short on the ftse earlier today but got stopped at break even, then it turned around and dived, just my luck lol!

Check out the dollar its being dumped at the moment, anyone know why? did i miss something? dow also rising, what news did i miss?
are you using spreadbet to short the FTSE ?

I used to use it for doing that and for forex - a steady 2 pips spread.

As though 'trading ' isnt betting - self deception or what

The pilgrims over here wont let me do that - work of the devil - also one state run liquor shop in town so the hinjuns dont get firewater.

They reckon the dow could have a 20% run up from here so being careful - but most 300 point days are followed by a fall back

cable has me foxed but i am holding my short for now
  • #127,722
  • Mar 23, 2009 1:27pm Mar 23, 2009 1:27pm
Quoting micho
hey

anybody from the old guys here?
Hey Micho,

Nice to see you back. This thread would definitely benefit greatly from you posting again. Hope all is well.

Paul
  • #127,723
  • Mar 23, 2009 1:52pm Mar 23, 2009 1:52pm
Can be usefull for thoughts.
Usd index is at support level.
Attached Image (click to enlarge)
Click to Enlarge Name: usd index.gif Size: 24 KB
  • #127,724
  • Mar 23, 2009 2:07pm Mar 23, 2009 2:07pm
like it - the overview keeps our feet planted

Quoting laza
Can be usefull for thoughts.
Usd index is at support level.
http://www.forexfactory.com/attachme...1&d=1237834271
  • #127,725
  • Mar 23, 2009 2:13pm Mar 23, 2009 2:13pm
Dow up 383 points and cable paralyzed
  • #127,726
  • Mar 23, 2009 2:19pm Mar 23, 2009 2:19pm
Quoting allserene
Dow up 383 points and cable paralyzed
up 412 now,, worth a short ??
  • #127,727
  • Mar 23, 2009 2:28pm Mar 23, 2009 2:28pm
Quoting jub1
up 412 now,, worth a short ??
yeah i bought DOG - a DOW short fund

Not happy though - I sold a load the other day when I got 15% gains - so I missed today's

With my current luck they will go up another 20% this week

Seems to be having no effect on cable much
  • #127,728
  • Mar 23, 2009 4:10pm Mar 23, 2009 4:10pm
Quoting allserene
are you using spreadbet to short the FTSE ?

I used to use it for doing that and for forex - a steady 2 pips spread.

As though 'trading ' isnt betting - self deception or what

The pilgrims over here wont let me do that - work of the devil - also one state run liquor shop in town so the hinjuns dont get firewater.

They reckon the dow could have a 20% run up from here so being careful - but most 300 point days are followed by a fall back

cable has me foxed but i am holding my short for now
Hi sorry couldnt reply earlier had to go out.

Yeah spread betting for the indexs nice low spread just gotta be v carefull they love to spike the index's!! i only ever leave trade on them if its locked BE. I normally trade very small amounts on these only 1 -2 minis which is £2- £4 a pip. Most time its just pocket money but sometimes it works out nicely .

I havent traded the dow much but the ftse is quite respectful of fib levels combine that with a nice candle and thats mainly how i trade it.

As far as cable goes it seems to still be going up, my daily candle doesnt finish for another 3 hours, im waiting till tomorrow morning (london session) before i jump in with a cable trade
  • #127,729
  • Mar 23, 2009 7:00pm Mar 23, 2009 7:00pm
Has anyone noticed the HUGE Bullish Harami on the 4 Hr chart?????


JMT
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 26 KB
  • #127,730
  • Mar 23, 2009 7:10pm Mar 23, 2009 7:10pm
Quoting micho
hey man

whats up?
i am not trading its been few months busy with work
how is it going?
  • #127,731
  • Mar 23, 2009 7:28pm Mar 23, 2009 7:28pm
4650 is the majic number, economy looking better, I am seeing good things, although it's too early to get exstatic. A solid break of 4650 would make me happy.

JMT
  • #127,732
  • Mar 23, 2009 7:32pm Mar 23, 2009 7:32pm
don't like such sudden up movement, waiting to short this thing soon!
already did from top
ROBOT FOREX
  • #127,733
  • Mar 23, 2009 7:34pm Mar 23, 2009 7:34pm
Exited all soft hedged positions, 200+ pips on 4x2 lots.

Cha Ching!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #127,734
  • Mar 23, 2009 7:34pm Mar 23, 2009 7:34pm
Nice 50 pip in LONG
  • #127,735
  • Mar 23, 2009 11:23pm Mar 23, 2009 11:23pm
Good History Support Resistance
1,4890 1,4850 1,4780 1,4750 1,4705 1,4660 1,4650 1,4630 1,4575 1,4555
  • #127,736
  • Mar 24, 2009 12:32am Mar 24, 2009 12:32am
Quoting Qu|cksilver
Hi,
Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?
Wow need 4000 pips more to go to this point!
Gold is Money but Money is not Gold
  • #127,737
  • Mar 24, 2009 12:39am Mar 24, 2009 12:39am
seems she wont go down
1.49 is the next target
i;;j ust wait to enter long
  • #127,738
  • Mar 24, 2009 1:09am Mar 24, 2009 1:09am
Quoting uut
seems she wont go down
1.49 is the next target
i;;j ust wait to enter long

Hope go down fast to 1.4650......
Pleaseeeeeee.
  • #127,739
  • Mar 24, 2009 1:17am Mar 24, 2009 1:17am
SELL NOW !!
please
  • #127,740
  • Mar 24, 2009 1:18am Mar 24, 2009 1:18am
Don't worry, but after that we go to 1.9 ok?

Quoting John Lo
Hope go down fast to 1.4650......
Pleaseeeeeee.
Gold is Money but Money is not Gold
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