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Cable Update (GBPUSD)

  • #168,181
  • Sep 23, 2009 8:09am Sep 23, 2009 8:09am
Quoting direct-trade
F ull

O ff

M onkey

C rap.

Afternoon all, how's trading?

Holding Short GBP/JPY, threw in another at 15020 area.

Cable, another short 16420. Tight stops on both these positions just incase...

Cable seems to like hanging around in the air, the bitch. lol.

Need 150 to break down for a nice move South.
  • #168,182
  • Sep 23, 2009 8:10am Sep 23, 2009 8:10am
I think you've a good call here...
I entered after retrace of bearish engulfing candle...
A couple of other strong reasons for short are highlited on the screen shot...
any other thoughts or insights guys n' gals?
Thanks much,
Cliff

Quoting nAVIN2007
bearish engulf doing it thang!

we still in folks
Attached Image (click to enlarge)
Click to Enlarge Name: GU_short.gif Size: 39 KB
I get exercise just pushing my luck
  • #168,183
  • Sep 23, 2009 8:10am Sep 23, 2009 8:10am
Quoting nAVIN2007
How you doing Mr Wyckoff II?
  • #168,184
  • Sep 23, 2009 8:12am Sep 23, 2009 8:12am
Quoting direct-trade
F ull

O ff

M onkey

C rap.

Afternoon all, how's trading?

Holding Short GBP/JPY, threw in another at 15020 area.

Cable, another short 16420. Tight stops on both these positions just incase...

Cable seems to like hanging around in the air, the bitch. lol.

Need 150 to break down for a nice move South.
dt, we loading up our "shortguns" heavy?
Thank You
  • #168,185
  • Sep 23, 2009 8:12am Sep 23, 2009 8:12am
Quoting direct-trade
How you doing Mr Wyckoff II?
hanging in there bud...sticking to the plan!
  • #168,186
  • Sep 23, 2009 8:14am Sep 23, 2009 8:14am
Quoting nAVIN2007
hanging in there bud...sticking to the plan!
what price did you get in bro?
Thank You
  • #168,187
  • Sep 23, 2009 8:14am Sep 23, 2009 8:14am
Those are superb candles mother superior
  • #168,188
  • Sep 23, 2009 8:16am Sep 23, 2009 8:16am
Quoting allserene
Those are superb candles mother superior
superb shorties
Thank You
  • #168,189
  • Sep 23, 2009 8:16am Sep 23, 2009 8:16am
You can all get in as long as you play nice.

Im off to 140, a bit of a journey and there may be some detours enroute. Please excuse the smell, the bear really does need a good crap, but has been holding on for the last week until we arrived at 150.
Attached Image
  • #168,190
  • Sep 23, 2009 8:17am Sep 23, 2009 8:17am
Quoting direct-trade
Yet again?
..
  • #168,191
  • Sep 23, 2009 8:17am Sep 23, 2009 8:17am
Quoting wormboy
what price did you get in bro?
1.64315 and 1.63672 .....trying to go deep sea fishing
  • #168,192
  • Sep 23, 2009 8:18am Sep 23, 2009 8:18am
Quoting direct-trade
You can all get in as long as you play nice.

Im off to 140, a bit of a journey and there may be some detours enroute. Please excuse the smell, the bear really does need a good crap, but has been holding on for the last week until we arrived at 150.
better bear crap than dead bulls. I'm taking the roof

Inserted Video
Thank You
  • #168,193
  • Sep 23, 2009 8:21am Sep 23, 2009 8:21am
Quoting wormboy
dt, we loading up our "shortguns" heavy?

Hi WB,

Shortguns are indeed of the "Gatling" variety. Price is hanging around up here pretending to have buyers behind it...very funny indeed. Halarious PA today, almost made me weep with laughter.

You Short too?
  • #168,194
  • Sep 23, 2009 8:22am Sep 23, 2009 8:22am
Quoting nAVIN2007
1.64315 and 1.63672 .....trying to go deep sea fishing
good price bro I got 404 with tight stop @485.
We fish together, and bears fish better than bulls, that's a fact lol
Thank You
  • #168,195
  • Sep 23, 2009 8:22am Sep 23, 2009 8:22am
Quoting nAVIN2007
hanging in there bud...sticking to the plan!

Good stuff. Whats the plan BTW? Blow the account in 1 week?



Only joking, happy trading
  • #168,196
  • Sep 23, 2009 8:24am Sep 23, 2009 8:24am
Quoting wormboy
better bear crap than dead bulls. I'm taking the roof

http://www.youtube.com/watch?v=ZtTdnpB3wp4
Looks like Mal's got the trunk again...lol
  • #168,197
  • Sep 23, 2009 8:25am Sep 23, 2009 8:25am
Quoting direct-trade
Good stuff. Whats the plan BTW? Blow the account in 1 week?



Only joking, happy trading
Quoting wormboy
good price bro I got 404 with tight stop @485.
We fish together, and bears fish better than bulls, that's a fact lol
seems im paying the market to get stress
i hope this get easier with time
  • #168,198
  • Sep 23, 2009 8:25am Sep 23, 2009 8:25am
Quoting direct-trade
Hi WB,

Shortguns are indeed of the "Gatling" variety. Price is hanging around up here pretending to have buyers behind it...very funny indeed. Halarious PA today, almost made me weep with laughter.

You Short too?
Yessir, just got back today & ironically that was the only thing offered to me - short. I don't think anyone would believe me even if I was telling the truth about not being able to go long
got in @404, looking @335 first
Thank You
  • #168,199
  • Sep 23, 2009 8:26am Sep 23, 2009 8:26am
Quoting mktjong
Forexlion
On
Margin
Call http://www.forexfactory.com/images/icons/icon10.gif

Quoting direct-trade
Yet again?
in your dreams
  • #168,200
  • Sep 23, 2009 8:26am Sep 23, 2009 8:26am
6 hours ago I went long @6382 according to my previous plan

http://www.forexfactory.com/showpost...stcount=167925

later target1 (+50pips) reached @6432

http://www.forexfactory.com/showpost...stcount=167948

target2 was @6482, but now I decided to finish for today. I closed the remaining long positions @6420 couple of minutes ago. It’s another +38 pips, together +88, enough for today.

see you tomorrow.
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