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Cable Update (GBPUSD)

  • #159,181
  • Aug 19, 2009 6:34am Aug 19, 2009 6:34am
And another 300 pips

I am finish for today....


Seya
"Buy on fear, sell on greed !!!
  • #159,182
  • Aug 19, 2009 6:36am Aug 19, 2009 6:36am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Oh super trader, hail to you..which currency gave you 300 pips?

What's the name of your hedge fund, I need to invest in that. You will be millionaire very soon.
  • #159,183
  • Aug 19, 2009 6:39am Aug 19, 2009 6:39am
Quoting Petar_Serbia
And another 300 pips

I am finish for today....


Seya
Hey me too. I also made 300 pips from GU TODAY ..... really it did .
You've got to be IN IT to WIN IT!
  • #159,184
  • Aug 19, 2009 6:42am Aug 19, 2009 6:42am
gee you guys are good
only 150pips for me today

but am looking for another short entry....come on break that .50 and show me a spike
Lets Soar The Sky
  • #159,185
  • Aug 19, 2009 6:42am Aug 19, 2009 6:42am
Quoting direct-trade
Yep. I gave up cleaning windows after falling off the 4th aircraft.

Good luck to you, and good luck to me
What reason you see of falling GU. Is she completing wedge pattern

It looks like yesterday big traders have entered the Market with their longs and 1.6490 was a very strong support it was looking that she is back in its upper channel.

What you think about today's fall any news or completing wedge pattern or just a bear trap??

I need your opinion as you are senior to me and very well respected in this forum.
  • #159,186
  • Aug 19, 2009 6:45am Aug 19, 2009 6:45am
Quoting Ifty
Hey me too. I also made 300 pips from GU TODAY ..... really it did .
I must be the only trader who is not in profit today. Currently -60
  • #159,187
  • Aug 19, 2009 6:45am Aug 19, 2009 6:45am
Quoting Petar_Serbia
And another 300 pips

I am finish for today....


Seya
Wow! Good for you!! But....why stop now? You're obviously such a great trader you should be able to make at least another 3000 or so by noon.....No?

Putting my boots on now, it's getting DEEP in here!!
Ghost Rider - WWTBMD?
  • #159,188
  • Aug 19, 2009 6:47am Aug 19, 2009 6:47am
Quoting direct-trade
I must be the only trader who is not in profit today. Currently -60
I am also with you mate

50 - today lol

If u r not doing profit it means something wrong with market today really.
  • #159,189
  • Aug 19, 2009 6:47am Aug 19, 2009 6:47am
Quoting direct-trade
I must be the only trader who is not in profit today. Currently -60

Naaa DT, you're not the only one not in profit. I'm currently FLAT...
Ghost Rider - WWTBMD?
  • #159,190
  • Aug 19, 2009 6:47am Aug 19, 2009 6:47am
Quoting direct-trade
I must be the only trader who is not in profit today. Currently -60
Bro I was being sarcastic ( - you see). I have made ZILCH today on GU as I also trade shares and am trying to keep my concentration.
You've got to be IN IT to WIN IT!
  • #159,191
  • Aug 19, 2009 6:51am Aug 19, 2009 6:51am
Quoting Petar_Serbia
And another 300 pips

I am finish for today....


Seya
It looks pips are coming from water tank.

Inspiring and cool
  • #159,192
  • Aug 19, 2009 6:52am Aug 19, 2009 6:52am
Quoting pakitrader
What reason you see of falling GU. Is she completing wedge pattern

It looks like yesterday big traders have entered the Market with their longs and 1.6490 was a very strong support it was looking that she is back in its upper channel.

What you think about today's fall any news or completing wedge pattern or just a bear trap??

I need your opinion as you are senior to me and very well respected in this forum.
I entered long at 16480. The drop down is a knee jerk reaction to the falls in Asia and the BOE minutes. Basically when Asia fell 23% most panicked and dumped their equites etc etc. Now, I think the fall is just a retracement seeing as the Chinese Market has risen 100% in the last 12 Months...so a 23-26% retracement was on the cards anyway.

As far as Cable goes, I dont pay any attentiuon to the news...it doesnt matter what the results of the minutes are, it is already priced in.

My charts show me a choppy sideways market for now, could be until end August. September will be when the market really decides where we are going for the rest of the year.

I am long for now, but will quickly dump positions and go Short should the market show me. At the moment I still see long and will hold on until targets hit.

I could be wrong, but I think this drop is a buying opportunity across the board.
  • #159,193
  • Aug 19, 2009 6:52am Aug 19, 2009 6:52am
Quoting Petar_Serbia
And another 300 pips

I am finish for today....


Seya
I believe its mostly about learning and sharing in here rather than show offs! I could come here today and say i made 700pips and come back tomorrow and say i made 1500 pips.Its all my cup of tea after all no-one is/was there to verify,but i believe teaching and sharing with others and making it on the green sides of the trades makes a perfect trader!
  • #159,194
  • Aug 19, 2009 6:55am Aug 19, 2009 6:55am
Quoting Petar_Serbia
And another 300 pips

I am finish for today....


Seya
I'm really bad at maths but..... Lets see todays high is 1.6593, low is 1.6383 max is 210 pips.... you racked up 300 today.

Please can you post your calls so i can follow you and make more pips than the market.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #159,195
  • Aug 19, 2009 6:56am Aug 19, 2009 6:56am
Quoting topestyles
I believe its mostly about learning and sharing in here rather than show offs! I could come here today and say i made 700pips and come back tomorrow and say i made 1500 pips.Its all my cup of tea after all no-one is/was there to verify,but i believe teaching and sharing with others and making it on the green sides of the trades makes a perfect trader!
...Well said. Only I think there is no such thing as a "perfect" trader. I'll be happy when I'm just half ass good....lol
Ghost Rider - WWTBMD?
  • #159,196
  • Aug 19, 2009 6:57am Aug 19, 2009 6:57am
ok guys and gals...quick update here...short position w/ an AvgPrc of 1.6519 is in the money and I still continue to carry them....
Cable now changing hands @ 1.6417
Attached Image
Hear the music before the song is over ...
  • #159,197
  • Aug 19, 2009 6:58am Aug 19, 2009 6:58am
Quoting direct-trade
I entered long at 16480. The drop down is a knee jerk reaction to the falls in Asia and the BOE minutes. Basically when Asia fell 23% most panicked and dumped their equites etc etc. Now, I think the fall is just a retracement seeing as the Chinese Market has risen 100% in the last 12 Months...so a 23-26% retracement was on the cards anyway.

As far as Cable goes, I dont pay any attentiuon to the news...it doesnt matter what the results of the minutes are, it is already priced in.

My charts show me a choppy sideways market for now, could be until...
Thanks buddy for giving excellent analysis
  • #159,198
  • Aug 19, 2009 7:00am Aug 19, 2009 7:00am
Quoting topestyles
I believe its mostly about learning and sharing in here rather than show offs! I could come here today and say i made 700pips and come back tomorrow and say i made 1500 pips.Its all my cup of tea after all no-one is/was there to verify,but i believe teaching and sharing with others and making it on the green sides of the trades makes a perfect trader!
I agree with you...by the way, let's stop socking each other dicks on hawmany pips we made andlet's pay attention to the market guys!!! My downtrend is beggining...short @6415
  • #159,199
  • Aug 19, 2009 7:01am Aug 19, 2009 7:01am
I made 4757564363007878478 pips/46573738393874656% return on account before my first coffee today....soon I'll own the world whoaaahahahahaha
  • #159,200
  • Aug 19, 2009 7:02am Aug 19, 2009 7:02am
Quoting Bull_Bear
I'm really bad at maths but..... Lets see todays high is 1.6593, low is 1.6383 max is 210 pips.... you racked up 300 today.

Please can you post your calls so i can follow you and make more pips than the market.
Come on buddy, you're forgetting about all the little 5 and 10 pip up and down bounces. This guy simply nailed every single one of them on the nose silly....
Ghost Rider - WWTBMD?
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