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Cable Update (GBPUSD)

  • #161,001
  • Aug 26, 2009 9:13am Aug 26, 2009 9:13am
Quoting ashukla1980
hmmm will remember this now forever...got hit badly..anywayz this is forex

Tried to post my message in time for you to take your position off, but the FF servers are busy just before a news announcement and posting takes time.

Was trying to tell you earlier not to take a position just before news due to the wild swings that can happen as large orders flow through the market. Add to that your spreads increase (if with MM) and trying to close a losing position may be slipped quite a few pips.

Allow an hour or so after news for the dust to settle before taking a position IMHO.

Anyway, at least you know now, we all learnt the hard way.
  • #161,002
  • Aug 26, 2009 9:14am Aug 26, 2009 9:14am
Ok for those that want to risk here it is, heres my pending orders:

Buy order @ 1.6160... SL... 1.6090... TP 1.6370

and at the Top,

Sell order @ 1.6270... SL... 1.6350.... TP 1.6100
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,003
  • Aug 26, 2009 9:15am Aug 26, 2009 9:15am
Quoting albchr
.....
...
Hear the music before the song is over ...
  • #161,004
  • Aug 26, 2009 9:20am Aug 26, 2009 9:20am
Quoting ashukla1980
BB, GM, Wormie, DT,

please tell me which is the next support level? I have shorted @ 6169..is it safe...

...
Attached Image (click to enlarge)
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  • #161,005
  • Aug 26, 2009 9:20am Aug 26, 2009 9:20am
Alright I'm outta here guys,

Wornie, GM, DT & Chris..... BEER this friday boys

& others catch you tom.

Trade Well
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #161,006
  • Aug 26, 2009 9:23am Aug 26, 2009 9:23am
Quoting Bull_Bear
Alright I'm outta here guys,

Wornie, GM, DT & Chris..... BEER this friday boys

& others catch you tom.

Trade Well
cya...
Hear the music before the song is over ...
  • #161,007
  • Aug 26, 2009 9:23am Aug 26, 2009 9:23am
Is it safe to short again?
  • #161,008
  • Aug 26, 2009 9:24am Aug 26, 2009 9:24am
Quoting Bull_Bear
Alright I'm outta here guys,

Wornie, GM, DT & Chris..... BEER this friday boys

& others catch you tom.

Trade Well

Have a good one, see you LDN.
  • #161,009
  • Aug 26, 2009 9:24am Aug 26, 2009 9:24am
1.6191 - 1.6220 !!! :nerd:
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #161,010
  • Aug 26, 2009 9:24am Aug 26, 2009 9:24am
http://www.forexfactory.com/showpost...stcount=160951

Thank You
  • #161,011
  • Aug 26, 2009 9:27am Aug 26, 2009 9:27am
Quoting Faryad
Hay WORMIE whats ur target ?
5300

But I booked another @6172.
Thank You
  • #161,012
  • Aug 26, 2009 9:28am Aug 26, 2009 9:28am
Quoting kknotty
Wormie, guess u are right on this pair being a southern headlong...But I got in to follow the trend late. Hope it continues downwards.
she will ... just need to be patient.
Thank You
  • #161,013
  • Aug 26, 2009 9:28am Aug 26, 2009 9:28am
Quoting wormboy
http://www.forexfactory.com/showpost...stcount=160951


Good call WB.
  • #161,014
  • Aug 26, 2009 9:28am Aug 26, 2009 9:28am
thank guys....i hope i will be able to recover the lost pips soon...only good thing i did was to put SL which i never used to do....so it was limited loss

will remember this news factor now
Forex success = Patience + Leverage
  • #161,015
  • Aug 26, 2009 9:29am Aug 26, 2009 9:29am
plonked a BIG short on last night with no s/l

Born to be wild or what - all the rules and discipline out of the window

Plonkers plonk - however...

Average 1.6338 and so quietly pleased

I will put my s/l there and leave it for...months ?

That would be so relaxing
  • #161,016
  • Aug 26, 2009 9:29am Aug 26, 2009 9:29am
Quoting Bull_Bear
Alright I'm outta here guys,

Wornie, GM, DT & Chris..... BEER this friday boys

& others catch you tom.

Trade Well
Have a GREAT day buddy and my BEERS are on fresh ice for Friday....
Ghost Rider - WWTBMD?
  • #161,017
  • Aug 26, 2009 9:30am Aug 26, 2009 9:30am
Quoting nAVIN2007
glad this week is going well for u...loving yur humor right now
lol yea, a little lucky really brother. Didn't expect the fall to be this fast when posted earlier this morning. No complaints tho
Thank You
  • #161,018
  • Aug 26, 2009 9:31am Aug 26, 2009 9:31am
booked some profits @1.6180
currently flat
any good levels for short entry?
  • #161,019
  • Aug 26, 2009 9:31am Aug 26, 2009 9:31am
Sales in the secondary housing market in the U.S. in July jumped by 7.2%, which indicates the risk of growth of sales of new homes in July (data released today at 18:00 Moscow time). I think that if the index exceeds the total forecast of 390 thousand, it could put pressure on the dollar. However, it is unlikely to be sustained, because the market is likely to have taken into account in the prices of the escape probability of good data.
  • #161,020
  • Aug 26, 2009 9:34am Aug 26, 2009 9:34am
Quoting Bull_Bear
Alright I'm outta here guys,

Wornie, GM, DT & Chris..... BEER this friday boys

& others catch you tom.

Trade Well
see ya bro, good trading today
Thank You
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