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Cable Update (GBPUSD)

  • #10,821
  • Apr 19, 2007 9:10am Apr 19, 2007 9:10am
Fed data got released much lower then expectations and once again, bad US data seems to increase USD strength. Still it does make it more likely i think that we'll see a retest of 130 on cable.
  • #10,822
  • Apr 19, 2007 9:14am Apr 19, 2007 9:14am
Dull day. But I'll buy more on a dip. Buy limit in place. Currently 4 long still open for 14 each.
Do not focus on making money; focus on protecting what you have.
  • #10,823
  • Apr 19, 2007 9:18am Apr 19, 2007 9:18am
Quoting seraph
Fed data got released much lower then expectations and once again, bad US data seems to increase USD strength. Still it does make it more likely i think that we'll see a retest of 130 on cable.
Employment new orders part helped offset slide potential perhaps.
Do not focus on making money; focus on protecting what you have.
  • #10,824
  • Apr 19, 2007 9:35am Apr 19, 2007 9:35am
I don't want caught have long above 2.0000 when big fall happen...............

have short above 2.0000 is 15 years opportunity.
I Deeply Love My Virtual Life In Virtual World , RLC
  • #10,825
  • Apr 19, 2007 9:41am Apr 19, 2007 9:41am
Quoting Why Oh Why
4 Long O/S at 2.0005.
3 long O/S at 2.0005. Just want some profit today. And that's it from me today. Back in 12 hours.
Do not focus on making money; focus on protecting what you have.
  • #10,826
  • Apr 19, 2007 11:07am Apr 19, 2007 11:07am
the lowest on my platform was 1.9987 and not 1.9985. Stop was not hit as it was a false breakout, later we had the 20040 target but you could stop earlier to be sure.

If you do not have a good broker just change him. As I told you I never place stop loss myself just hedging in case something goes wrong.


Quoting el_duende
forexmaster55 you say



However one of your rules says



According to my broker 19985 was hit. With spreads to pay you would have been stopped out of the trade
Pips till you drop ........... !!
  • #10,827
  • Apr 19, 2007 11:40am Apr 19, 2007 11:40am
I encourage you fighters to open your own "Me trades better than you" thread, elsewhere....

If your problem is about 2 pips I guess you problably didn't notice the 920 pips Cable gave from 9211.

2 pips SL = 0.21% of the total pips you should have put in your pockets by now...
  • #10,828
  • Apr 19, 2007 11:52am Apr 19, 2007 11:52am
oh man , i am to drunk to read about 2 pips.

tomorrow is friday................drunk again...... too many drink pips.
I Deeply Love My Virtual Life In Virtual World , RLC
  • #10,829
  • Apr 19, 2007 11:57am Apr 19, 2007 11:57am
Quoting notme32
oh man , i am to drunk to read about 2 pips.

tomorrow is friday................drunk again...... too many drink pips.
Damn... have to grab a beer now. You have to open that big mouth, no?
  • #10,830
  • Apr 19, 2007 12:01pm Apr 19, 2007 12:01pm
Quoting cesarnc
Damn... have to grab a beer now. You have to open that big mouth, no?
you must be have many pips today, you plan to scalp , right ?

maybe someday we can drunk together, but champagne is on you !
I Deeply Love My Virtual Life In Virtual World , RLC
  • #10,831
  • Apr 19, 2007 12:02pm Apr 19, 2007 12:02pm
Hey C. Do you see it on a downtrend now and closing the day below 2?
  • #10,832
  • Apr 19, 2007 12:27pm Apr 19, 2007 12:27pm
Quoting Big P
Hey C. Do you see it on a downtrend now and closing the day below 2?
Nop
  • #10,833
  • Edited 3:53pm Apr 19, 2007 3:08pm | Edited 3:53pm
This thread is about trading and we ought to keep it that way, so if there is to be a trading duel between
Why O Why and ForexMaster55, It will be conducted here.
http://www.forexfactory.com/showthre...469#post277469
  • #10,834
  • Apr 19, 2007 3:28pm Apr 19, 2007 3:28pm
18:23We see a large German bank bidding for both eur/usd and gbp/usd at the moment.
  • #10,835
  • Apr 19, 2007 4:05pm Apr 19, 2007 4:05pm
18:58 Cable could not get above 2.0040 and pulls back slightly. We saw a UK name offering up at the highs.

Reminds me of HenryCarol... Anyone knows his whereabouts? Or is he too busy dealing with shorts at 9500 / 9600 / 9700/ 9800/ 9900/ 0000 by now?
  • #10,836
  • Apr 19, 2007 4:48pm Apr 19, 2007 4:48pm
Quoting cesarnc
18:58 Cable could not get above 2.0040 and pulls back slightly. We saw a UK name offering up at the highs.

Reminds me of HenryCarol... Anyone knows his whereabouts? Or is he too busy dealing with shorts at 9500 / 9600 / 9700/ 9800/ 9900/ 0000 by now?
Hi Cesar.. Nice to read your information. But am also wondering where do you get this info? Are you a broker or insider?
Thanks.

Currently I am long from 2.0011, not sure when should I close
  • #10,837
  • Apr 19, 2007 4:58pm Apr 19, 2007 4:58pm
Quoting mktjong
Hi Cesar.. Nice to read your information. But am also wondering where do you get this info? Are you a broker or insider?
Thanks.

Currently I am long from 2.0011, not sure when should I close
http://masterforex.co.uk/Html/FXStation/FXToolz.html

Click Live Market Commentary - left menu
  • #10,838
  • Apr 19, 2007 5:09pm Apr 19, 2007 5:09pm
Quoting cesarnc
http://masterforex.co.uk/Html/FXStation/FXToolz.html

Click Live Market Commentary - left menu

Cool thanks. Appreciate it.
  • #10,839
  • Apr 19, 2007 5:40pm Apr 19, 2007 5:40pm
Buying orders at 2.0000 by a Swiss name will provide support and selling orders at 2.0070 by a US Prime will limit the topside.

  • #10,840
  • Apr 19, 2007 5:51pm Apr 19, 2007 5:51pm
Looks like an Ascending Triangle forming on the 1 Hour Charts. Hopefully, we will get a break topside.
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