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Cable Update (GBPUSD)

  • #164,681
  • Sep 10, 2009 8:46am Sep 10, 2009 8:46am
Hi guys i opened sell at 1.6650 TP 1.6550 SL 1.6750 ... I bealive in USDX today make a PIN and finaly go UP .......






Cheers
"Buy on fear, sell on greed !!!
  • #164,682
  • Sep 10, 2009 8:47am Sep 10, 2009 8:47am
Quoting wormboy
Yup. Not too good atm, but still in it. Let's see if our persistance pays
Eur/Jpy, Eur/bp and Gbp/Jpy talk by themselves in my opinion , we did very good to hold on, I'm on a managed account and when I was at -100 pips a friend was screaming to close the position, now -50 lol.
"Hate the sin, love the sinner." - Gandhi
  • #164,683
  • Sep 10, 2009 8:47am Sep 10, 2009 8:47am
1.6637/1.6687 is bearish mined!

1.6637 is major fibs (88.6% of last move up on 4h) then 1.6654 is last breakout point from 2009.08.07, if not 1.6687 (31.8 fibs of last drop down 4h).

This NEED to keep it down!

___________________________
Dont forget the news....

10:30am USD
Natural Gas Storage

11:00am USD
Crude Oil Inventories

12:30pm USD
FOMC Member Lockhart Speaks

1:00pm USD
Treasury Sec Geithner Speaks
  • #164,684
  • Sep 10, 2009 8:48am Sep 10, 2009 8:48am
This is the real point to watch....

If she plays out possible H&S to take cable to hell 10 times over.
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,685
  • Sep 10, 2009 8:48am Sep 10, 2009 8:48am
Quoting woleadu
Ore bawo ni? I sympathized with you, I ve been there and Im still there....

topestyles http://cdn.forexfactory.com/images/buttons/viewpost.gif...dont try to hurt urself...im telling u alway look negative first then positive, cauze everybody gets happy when they achieve something right and they dont think of negative that what u did..life is a game my friend, positive and negative happens but we have to face it like man.If u lost more then 3000, so what--u will get back 1 day...plzz..try to understand and dont waste ur life...
  • #164,686
  • Sep 10, 2009 8:50am Sep 10, 2009 8:50am
Quoting wormboy
you tell me nav.
2nd day running now lol. Take it easy bro, even with last week's gain, I have nothing to show for right now since positions are in -ve
But still hanging on with this current trade - barely. That last spike up almost took me out.
Let's see how this goes. Dragon's still in that rising wedge bro, looky very top heavy.

the rejection is giving us every chance, we still in that gotta mean something, we should have been taken out already...whatever happens will will recover..
  • #164,687
  • Sep 10, 2009 8:53am Sep 10, 2009 8:53am
Quoting Bull_Bear
Com'on guys let's not kick the guy while he is down. He's extremely distraught, some words of support goes a long way. Like we all try and support one another with the trading here.

I know he will find his feet again and become a bigger man.
  • #164,688
  • Sep 10, 2009 8:53am Sep 10, 2009 8:53am
Quoting wormboy
The beast will move bro, just be prepared. Because when she does, you won't be able to catch your breath
I've been less than impressed with her today. I bought both cable and dragon cable out performed Dragon. Your dragon is a slug today... lol
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,689
  • Sep 10, 2009 8:56am Sep 10, 2009 8:56am
Quoting Bull_Bear
I've been less than impressed with her today. I bought both cable and dragon cable out performed Dragon. Your dragon is a slug today... lol

i notice as of yestersay they aint in sink.....
dragon sink cable go up! crazy
  • #164,690
  • Sep 10, 2009 8:59am Sep 10, 2009 8:59am
Quoting TauTrader
Howzit!

All good here. Just observing what the market is doing. If GU closes in the 160.00 area posted earlier, then this will be a sign for me that things have "normalized" a bit and I will take it from there.

Not in any hurry....

Thank you for asking. Appreciated.

Good trading!
....now that is how we do it in Cape Town ...we don't have to be in the markets right? ...but when the right opportunity come...we take it

Good yes, this EURGBP chart is my spice for a retrace on EURUSD...en kan 'n bietjie gas gee vir Meneer van Pretoria's long on Cable...

Cheers
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  • #164,691
  • Sep 10, 2009 8:59am Sep 10, 2009 8:59am
Quoting nAVIN2007
i notice as of yestersay they aint in sink.....
dragon sink cable go up! crazy
Yeah NAV "Moon and Sun" not aligned
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,692
  • Sep 10, 2009 9:02am Sep 10, 2009 9:02am
Look at this chart
Attached Image (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #164,693
  • Sep 10, 2009 9:03am Sep 10, 2009 9:03am
OK LET THIS BE THE LAST REPLY TO THE TOPSTYLES

DUDE, i'm in the same position, I have lost about 2k and I don't have any other income, but making it back slowly. high leverage is the killer 4 us new traders, since I started using smaller lots , I've started crawling back.
  • #164,694
  • Sep 10, 2009 9:05am Sep 10, 2009 9:05am
Quoting Bull_Bear
Yeah NAV "Moon and Sun" not aligned
i always say to myself this will try everything to surprise me and it never fails to do just that ....crazy!
  • #164,695
  • Sep 10, 2009 9:07am Sep 10, 2009 9:07am
Quoting Bull_Bear
Yeah NAV "Moon and Sun" not aligned
Here's the moon cycle... we are into a Waning Gibbous Moon stage....
Well.....
Attached Image
  • #164,696
  • Sep 10, 2009 9:08am Sep 10, 2009 9:08am
Quoting nAVIN2007
the rejection is giving us every chance, we still in that gotta mean something, we should have been taken out already...whatever happens will will recover..
Bro, I'm just lucky to still be in this trade lol. September hajibee kajibees are setting in
Thank You
  • #164,697
  • Sep 10, 2009 9:09am Sep 10, 2009 9:09am
Quoting Bull_Bear
I've been less than impressed with her today. I bought both cable and dragon cable out performed Dragon. Your dragon is a slug today... lol
Ha! She will open a can of whoopass on you just for saying that!
Thank You
  • #164,698
  • Sep 10, 2009 9:11am Sep 10, 2009 9:11am
Quoting Inzider
Here's the moon cycle... we are into a Waning Gibbous Moon stage....
Well.....
Too complicated for me bro.... Stick with Confucius ....lol
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #164,699
  • Sep 10, 2009 9:11am Sep 10, 2009 9:11am
Wormboy:

(At least I think it's you!)

You seem to reference the usdx quite a bit (or perhaps is Navin), but in either case, I'm interested in understanding the relation and correlation between the index and the gbp.usd.

Could you please explain some. Thanks!
Don't let the same dog bite you twice. -- Chuck Berry
  • #164,700
  • Sep 10, 2009 9:12am Sep 10, 2009 9:12am
Quoting wormboy
Ha! She will open a can of whoopass on you just for saying that!
wot the hell is whoopass???
Veni, Vidi, Vici (We came, we saw, we conquered)
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