Cable Update (GBPUSD) | Page 7769 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #155,361
  • Aug 5, 2009 9:57am Aug 5, 2009 9:57am
Quoting grashid
but actually this week is my lausy trade as am really gambling ...do not have much time to focus...better stay away rather than losing or wasting my time....scalp is welcome anyway..so sorry about ur lost..but sure u can recover if not today maybe tomorrow ya...patient
All good Gras man.... -75 pips loss toady (-30 and -45), not gonna break the bank.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,362
  • Aug 5, 2009 9:58am Aug 5, 2009 9:58am
us index is going down meaning gbp is rising
  • #155,363
  • Aug 5, 2009 9:58am Aug 5, 2009 9:58am
Here we go again, people sticking their noses in when they do not know what they are talking about, This has got to stop.

Ne
  • #155,364
  • Aug 5, 2009 9:59am Aug 5, 2009 9:59am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
All comments withdrawn, sorry :-)

This thing isn't going down. All I know I want it too desperately so I can close few of my shorts, but it ain't gonna come down soon.

This is what I see, based on england NOT having been nuked overnight and not seeing any prospects of it happening in the near future as it appears those in the seats of power want this sucker UP and thats the name of that game and by UP im thinking into the 9100 area before the end of this year!




Quoting Nene
I was not referring to you. Cool yur jets.
  • #155,365
  • Aug 5, 2009 10:02am Aug 5, 2009 10:02am
Quoting Bull_Bear
All good Gras man.... -75 pips loss toady (-30 and -45), not gonna break the bank.
its peanut mate...dun worry take it easy...I can scalp M5 EU by long him atm with double/tripple my lot size and take 10-20pips..dun worry ..I have an experiance more than 100X of ur lossess.......this is just our learning curve...and remember FOREX is long term business..... Good lUck to u...
  • #155,366
  • Aug 5, 2009 10:03am Aug 5, 2009 10:03am
I think today was the high for a while. Bettin' on it.
There's always money in the banana stand.
  • #155,367
  • Aug 5, 2009 10:03am Aug 5, 2009 10:03am
Quoting Nene
Wasnt going to let a stupid remark keep me away. But it did go up now, didnt it....LOL
exactly, no point to be upset, all of us trade in different ways, I have read a bit on triad, and if it works for you that is great!
Make sure losses are small and profits are bigger!
  • #155,368
  • Aug 5, 2009 10:07am Aug 5, 2009 10:07am
I'm outta here.... seeya all

Trade Well
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #155,369
  • Aug 5, 2009 10:28am Aug 5, 2009 10:28am
Hi all

I opened up my live account last week after having 3 successful months on demo and am still in profit have had a terrible day today. It seems like market is all over the place at the moment. I was just wondering if its typical in August or just bad timing on my behalf. Very frustrating though.
Any guidance or advice would be much appreciated.

Many Thanks

Joe
  • #155,370
  • Aug 5, 2009 10:28am Aug 5, 2009 10:28am
Guys and Gals,

I have been throughout this forum for a long time now and I have seen names dissappear, either thru blown accounts or who have moved on because they finally made their money. Most were friends: Tamara, Hardhead, Merlin and Chandra just to name a few. I hope they did not go the way of the former and if they did I feel for them. Listen to Senior members and if you make a comment and you are new then you are probably looking for feedback so you can learn. If not, you don't belong here. For someone to just blurt out directions and guesses are being detrimental to the newbys that want to learn. Please try to keep your head and if you are new, a good rule of thumb would be to watch the people who post charts and have been here awhile. This is not meant to hurt anyone, just to help.

Ne
  • #155,371
  • Aug 5, 2009 10:29am Aug 5, 2009 10:29am
Quoting GlobalMacro
I will start accumulating longs around these levels...currently 1.6900/15
The longs I accumulated at "bargain" price during the course of yesterday and early this morning still remain in position.
Attached Image
Hear the music before the song is over ...
  • #155,372
  • Aug 5, 2009 10:36am Aug 5, 2009 10:36am
Scaling in at 6900, huh? Cool.

Quoting GlobalMacro
The longs I accumulated at "bargain" price during the course of yesterday and early this morning still remain in position.
  • #155,373
  • Aug 5, 2009 10:37am Aug 5, 2009 10:37am
cable powering up, euro lagging, DOW stalled at minus 81

If the euro slips some, I will try a long on that

GBP is looking good for 1.71 once the Dow turns

Cats are bored, coffee is good, situation normal
  • #155,374
  • Aug 5, 2009 10:38am Aug 5, 2009 10:38am
Dont think it will down till 16900 today. It still @ the uptrend although i m holding short now. Really hope it will go down.
  • #155,375
  • Aug 5, 2009 10:49am Aug 5, 2009 10:49am
Quoting leesm
Dont think it will down till 16900 today. It still @ the uptrend although i m holding short now. Really hope it will go down.
Sometimes you have to take it on the chin and reverse your position

It hurts, but it's good education

I have very small positions for overnight or 3 day window, and then day trade with tight stops

Chopping it up into small pieces, each with different strategies and different defence (oops defense) mechanisms is the same as diversifying a portfolio in shares. Further diversifying into other currencies only helps a bit as the USD moves against them all to a similar extent usually

No more big positions over the weekend - the graph (oops chart) lashes up and down and hits even a big stop loss - yes right on the nose to within 2 pips it will hit it

Over the weekend or overnight, means a very small position with no stop loss - aimed at the trend

Sometimes i go for days with nothing but gains - sometimes I go for days with nothing but losses

Its weird
  • #155,376
  • Aug 5, 2009 10:53am Aug 5, 2009 10:53am
everytime in the day and noon over my side SG, i will manage to win it. Only when come to nite which is the US news out, i cannot catch which way it going to go up or down. Been losing from Friday nite till today nite, i can never catch the trend for US news.
  • #155,377
  • Aug 5, 2009 10:54am Aug 5, 2009 10:54am
Quoting allserene
Sometimes you have to take it on the chin and reverse your position

It hurts, but it's good education

I have very small positions for overnight or 3 day window, and then day trade with tight stops

Chopping it up into small pieces, each with different strategies and different defence (oops defense) mechanisms is the same as diversifying a portfolio in shares. Further diversifying into other currencies only helps a bit as the USD moves against them all to a similar extent usually

No more big positions over the weekend - the graph (oops chart)...
Agreed, stick to the trend is safer. Today's trend is sell al the rallies .. imo.
  • #155,378
  • Aug 5, 2009 10:56am Aug 5, 2009 10:56am
most of the time from 1130 to 1200, the price of Eur and Gbp will go up high and fast. Dunno wat the reason behind it, guess is the Eur and UK pushing it high.
  • #155,379
  • Aug 5, 2009 10:57am Aug 5, 2009 10:57am
Quoting rashidcm2004
I think you really missed a good short. Didn't you?
Didn't miss is completely. My TP is small.
Great Bodies are Engineered not Born
  • #155,380
  • Aug 5, 2009 10:58am Aug 5, 2009 10:58am
Actually it looks like a nice clean bounce here. Got the wicks of the 2 bear candles getting longer as it reaches the DPP and the UTL. Not a done deal, but the next 1 Hr candle should tell the tale. We even got a hanger there.

Ne
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 45 KB
402 traders viewing now, 1 is registered: