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Cable Update (GBPUSD)

  • #172,401
  • Oct 2, 2009 6:14am Oct 2, 2009 6:14am
Hi Peter,
how are you today?

What do you think about the news coming out today? Will you keeo the shorts through the news or close them before?
Thanks
Marc
Quoting Piters
Hot & Wet
  • #172,402
  • Oct 2, 2009 6:15am Oct 2, 2009 6:15am
Quoting Piters
they are now at 1.522 waiting.. for a party..



And yes, I like your "line up" as well....lol
Ghost Rider - WWTBMD?
  • #172,403
  • Oct 2, 2009 6:19am Oct 2, 2009 6:19am
Quoting TauTrader
Good day to you,

It depends how well in profit you are on your short position. If you are only lightly green or even medium green ( 20 to 40 pips in profit), locking in 10 or so will be a waste, as it will probably be hit. If you have room and deep pockets and you truly believe you will get your downmove, then rather have a wide stop, even if you go red for a short time....

If you are uncertain, take what you have now - and step aside.

Just my opinion

Wish you all success

thx for sharing... gl to u bro
  • #172,404
  • Oct 2, 2009 6:21am Oct 2, 2009 6:21am
Quoting Piters
Hot & Wet
Yeah man
Hi Barbie
Hi Ken!
Do you wanna go for a ride?
Sure Ken!
Jump In...

PS:I'm adding sell position
1.5925 and 1.5900 and 1.5870
  • #172,405
  • Oct 2, 2009 6:21am Oct 2, 2009 6:21am
Quoting marcb
Hi Peter,
how are you today?

What do you think about the news coming out today? Will you keeo the shorts through the news or close them before?
Thanks
Marc
good thanks...

yes mate.. my shorts [cable] are still open..
  • #172,406
  • Oct 2, 2009 6:23am Oct 2, 2009 6:23am
Quoting TauTrader
Good day to you,

It depends how well in profit you are on your short position. If you are only lightly green or even medium green ( 20 to 40 pips in profit), locking in 10 or so will be a waste, as it will probably be hit. If you have room and deep pockets and you truly believe you will get your downmove, then rather have a wide stop, even if you go red for a short time....

If you are uncertain, take what you have now - and step aside.

Just my opinion

Wish you all success
hey tau how it is going to 1.5945 buddy i cant see it yet
  • #172,407
  • Oct 2, 2009 6:23am Oct 2, 2009 6:23am
Quoting Piters
good thanks...

yes mate.. my shorts [cable] are still open..

I'd rather see your girls' shorts open....
Hear the music before the song is over ...
  • #172,408
  • Oct 2, 2009 6:24am Oct 2, 2009 6:24am
so you think that the NFP and employment news coming out shortly will make the cable and GBPUSD to tank even more?

Great picture of cheerleaders...they all live in my neighborhood :=)

Quoting Piters
good thanks...

yes mate.. my shorts [cable] are still open..
  • #172,409
  • Oct 2, 2009 6:26am Oct 2, 2009 6:26am
Quoting albchr
Holding short at 5879. Very small position with hopefully a large enough stop (100 pips) to weather the news. Looking for a higher price to add to it as long as we don't close a 1H or higher TF over the 5950/80 area.
Whoops, I meant a 200 pip stop (6079).....

It's (100) $ on the line. My Bad.

But that's my "safty net" should I loose connection. I'd kill it before that if we close as noted.
Ghost Rider - WWTBMD?
  • #172,410
  • Oct 2, 2009 6:27am Oct 2, 2009 6:27am
Quoting GlobalMacro
I'd rather see your girls' shorts open....
lool.. me too.. then let;s hurry with that 1.5222..........

otherwise.. we my DEMOING on dolls..
  • #172,411
  • Oct 2, 2009 6:29am Oct 2, 2009 6:29am
if we can close below 1.57....this will fly south, might even goto 1.50
  • #172,412
  • Oct 2, 2009 6:29am Oct 2, 2009 6:29am
Quoting marcb
so you think that the NFP and employment news coming out shortly will make the cable and GBPUSD to tank even more?

Great picture of cheerleaders...they all live in my neighborhood :=)
im having a good entry [not a recommendation].. the PA will go DOWN.. after a spike/two..

If something else happens.. I can still press the RED PANIC BUTTON....
  • #172,413
  • Oct 2, 2009 6:32am Oct 2, 2009 6:32am
Quoting nAVIN2007
if we can close below 1.57....this will fly south, might even goto 1.50
well mate..
looking on weekly/daily.. a very common pattern is when Up Trend ending with a nice H/S or Double top Pattern formation.. that is a REVERSAL.. not a retrace..

so..
YES, you may be right when bidding on levels below 1.5
  • #172,414
  • Oct 2, 2009 6:32am Oct 2, 2009 6:32am
Quoting zameer
hey tau how it is going to 1.5945 buddy i cant see it yet
Good day to you,

You are misunderstanding me. I made a suggestion that price may SPIKE during news release to a maximum of 1.5947 to take out stops...

This is not a prediction to where price will be heading under normal conditions.

Are we clear?

Regards
  • #172,415
  • Oct 2, 2009 6:33am Oct 2, 2009 6:33am
Quoting nAVIN2007
if we can close below 1.57....this will fly south, might even goto 1.50
Hey bro
From where u have short?
what's ur plan?
  • #172,416
  • Oct 2, 2009 6:34am Oct 2, 2009 6:34am
Quoting Piters
lool.. me too.. then let;s hurry with that 1.5222..........

otherwise.. we my DEMOING on dolls..
Man, there's no joking when it comes to open girls' shorts for the weekend....LOL

I'd take couple of them upstairs waiting.....you know....just in case....
Hear the music before the song is over ...
  • #172,417
  • Oct 2, 2009 6:34am Oct 2, 2009 6:34am
Lot of folks holding short £ positions through nfp it would seem. I hope the following scenario doesn't play out for you guys;

http://i34.tinypic.com/1z5l0r4.jpg + http://i36.tinypic.com/4ugfvt.jpg

G/L
ex member
  • #172,418
  • Oct 2, 2009 6:34am Oct 2, 2009 6:34am
Hey crew..... made it back before the big show.

Wots doin fellas...
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #172,419
  • Oct 2, 2009 6:36am Oct 2, 2009 6:36am
Quoting TauTrader
Good day to you,

You are misunderstanding me. I made a suggestion that price may SPIKE during news release to a maximum of 1.5947 to take out stops...

This is not a prediction to where price will be heading under normal conditions.

Are we clear?

Regards
oooooh i got it thanks buddy
  • #172,420
  • Oct 2, 2009 6:36am Oct 2, 2009 6:36am
Quoting Piters
well mate..
looking on weekly/daily.. a very common pattern is when Up Trend ending with a nice H/S or Double top Pattern formation.. that is a REVERSAL.. not a retrace..

so..
YES, you may be right when bidding on levels below 1.5
Nice work on the short call yesterday Piters
Veni, Vidi, Vici (We came, we saw, we conquered)
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