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Cable Update (GBPUSD)

  • #164,041
  • Sep 8, 2009 4:27am Sep 8, 2009 4:27am
Quoting Bull_Bear
Just Dragon now bro.. all my trades got taken out at break even...

How abot you mate?

BE is the best way bro! this some bitch can do anything right now..trapped like a mofo
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  • #164,042
  • Sep 8, 2009 4:30am Sep 8, 2009 4:30am
and dollar is tanking ???...crazy
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  • #164,043
  • Sep 8, 2009 4:31am Sep 8, 2009 4:31am
Quoting Bull_Bear
Just Dragon now bro.. all my trades got taken out at break even...

How abot you mate?
yup, only trading dragon atm, new position. flat cable.
+60 total (dragon & cable) after all positions got stopped out.
Thank You
  • #164,044
  • Sep 8, 2009 4:34am Sep 8, 2009 4:34am
Quoting TeTro
If it's any comfort my buy @1.6350 last night dipped and hit my SL by 1 pip before rallying up 150 pips, :-(
Don't dwell on it mate.... Happens all the time. Every 1 loser there is 2-3 winners is the way to go
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,045
  • Sep 8, 2009 4:35am Sep 8, 2009 4:35am
Quoting nAVIN2007
and dollar is tanking ???...crazy
yup. weekly usdlfx is in the shitter alongside gbplfx.
I'm staying away for now, because it just got wee bit confusing for my liking
Thank You
  • #164,046
  • Sep 8, 2009 4:38am Sep 8, 2009 4:38am
Quoting nAVIN2007
and dollar is tanking ???...crazy
Yeah across the board... unfortunately I was buying USD across the board. Yes, BE is good, hurts when I was up just a little over 100 pips in cable.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,047
  • Sep 8, 2009 4:56am Sep 8, 2009 4:56am
Time to short this bitch... 1.6552 SL 1.6640... TP 1.6470
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,048
  • Sep 8, 2009 4:57am Sep 8, 2009 4:57am
Quoting direct-trade
I was not going to post much today as I thought PA could be slow lol. Trying to pull recent posts together into one post for future reference.

Charts relating to my analysis/entries and current positions here:


http://www.forexfactory.com/showpost...stcount=163975

After the recent rise I have decided to lock in some profits:

Cable:

1st long position from 16162 currently +340 (price currently 16492), SL moved to +200.

2nd long position from 16338 currently +154 (price currently 16492), SL moved to B/E.

GBP/JPY:...
GBP/JPY 2nd long position from 15177 SL moved to BE.

Next Cable Target at 16600
  • #164,049
  • Sep 8, 2009 4:59am Sep 8, 2009 4:59am
I'm getting a bloody nose
bloody hell
Thank You
  • #164,050
  • Sep 8, 2009 5:09am Sep 8, 2009 5:09am
50% of total 7044-6111 fall is @ 6575, price is now above dly, Weekly and now Monthly Pivot and is currently 245 pips upp from 6320 lows printed in early asian session.

G/L
ex member
  • #164,051
  • Sep 8, 2009 5:11am Sep 8, 2009 5:11am
Quoting wormboy
I'm getting a bloody nose
bloody hell
Its a slow bleed from here on bro... We'll bleed together if she continues to rise.

Anyone tell me a reason for this hard on? Why the USD is suddenly so weak across the board?
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,052
  • Sep 8, 2009 5:13am Sep 8, 2009 5:13am
Quoting Bull_Bear
Its a slow bleed from here on bro... We'll bleed together if she continues to rise.

Anyone tell me a reason for this hard on? Why the USD is suddenly so weak across the board?
One reason for sure is that gold and crude are rising.
I am back. Actually, I never left...
  • #164,053
  • Sep 8, 2009 5:14am Sep 8, 2009 5:14am
Quoting direct-trade
GBP/JPY 2nd long position from 15177 SL moved to BE.

Next Cable Target at 16600
This is moving fast.


1st long position from 16162 currently +410 (price currently 16572), SL moved to +300.

2nd long position from 16338 currently +254 (price currently 16592), SL moved to +150.

Lovely day so far.

Roll on 16600!

USD/JPY finding bottom here at 92 area, expecting large bounce from here.

EDIT: Cable to say 16572 and not 16592.
  • #164,054
  • Sep 8, 2009 5:15am Sep 8, 2009 5:15am
Quoting Bull_Bear
Its a slow bleed from here on bro... We'll bleed together if she continues to rise.

Anyone tell me a reason for this hard on? Why the USD is suddenly so weak across the board?

cross market flows, money is coming out of $ and buying gold, oail and swissy atm,...seems the most likely explanation rather than inherant £ strength based on fundamentals
ex member
  • #164,055
  • Sep 8, 2009 5:15am Sep 8, 2009 5:15am
all traders hv to be very careful when trading in the month of september.September is a very important month in the financial markets. It marks the end of summer and the beginning of what is traditionally believed to be the worst month for U.S. stocks. Since the foreign exchange market has been taking its cue from equities, it is particularly important to take a look at what this could mean for the U.S. dollar and the likelihood of a dollar rally in the month of September.
  • #164,056
  • Sep 8, 2009 5:15am Sep 8, 2009 5:15am
Quoting Bull_Bear
Its a slow bleed from here on bro... We'll bleed together if she continues to rise.

Anyone tell me a reason for this hard on? Why the USD is suddenly so weak across the board?
IMO it's the GOLD, soaring high.
My edge ===> Patience
  • #164,057
  • Sep 8, 2009 5:18am Sep 8, 2009 5:18am
Quoting Bull_Bear
Its a slow bleed from here on bro... We'll bleed together if she continues to rise.

Anyone tell me a reason for this hard on? Why the USD is suddenly so weak across the board?
yea. summer's off, if ny pushes this higher I won't want to be in a pool of blood! lol
Thank You
  • #164,058
  • Sep 8, 2009 5:18am Sep 8, 2009 5:18am
short from 1.6571
  • #164,059
  • Sep 8, 2009 5:18am Sep 8, 2009 5:18am
Quoting bbmac
cross market flows, money is coming out of $ and buying gold, oail and swissy atm,...seems the most likely explanation rather than inherant £ strength based on fundamentals
Its definitely $ weakness, not GBP strength cos its right across the board.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,060
  • Sep 8, 2009 5:19am Sep 8, 2009 5:19am
Quoting direct-trade
GBP/JPY 2nd long position from 15177 SL moved to BE.

Next Cable Target at 16600
Hope you're right DT. That would be great.....
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