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Cable Update (GBPUSD)

  • #175,701
  • Oct 13, 2009 12:22pm Oct 13, 2009 12:22pm
Quoting antic81
Nice!

Im not that much of a speed freak really, I've seen what the innevitable outcome is...
Most I've ever done on her is about 120mph, although she would top at about 170...so says the internet anyway! haha!
I do enjoy the acceleration though...0-60 in around 3 seconds!

I see cable has decided tighten up... bol bands are really getting close, maybe a bust out on its way?
Yeah, my racing days are over as well bud. But I have hit 135 on the Hog...
Ghost Rider - WWTBMD?
  • #175,702
  • Oct 13, 2009 12:22pm Oct 13, 2009 12:22pm
Last trade today, long 1.5880, SL + 8 pips target 1.6000, turn off copmuter and go bed. Happy trading all. See you tomorrow !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #175,703
  • Oct 13, 2009 12:25pm Oct 13, 2009 12:25pm
Quoting manize
Last trade today, long 1.5880, SL + 8 pips target 1.6000, turn off copmuter and go bed. Happy trading all. See you tomorrow !

Have a great night bro! Nice trading...
Ghost Rider - WWTBMD?
  • #175,704
  • Oct 13, 2009 12:27pm Oct 13, 2009 12:27pm
Long till 1.5970. Will then reverse
Disclaimer: Check your 1m charts
  • #175,705
  • Oct 13, 2009 12:28pm Oct 13, 2009 12:28pm
Quoting albchr
Which is also the 50% (5913) of the high of 10/8 and current low

OK, now I feel silly, That's the same as the monthly range you spoke of Tau...

Duh Chris...LOL
Ghost Rider - WWTBMD?
  • #175,706
  • Oct 13, 2009 12:40pm Oct 13, 2009 12:40pm
Quoting albchr
OK, now I feel silly, That's the same as the monthly range you spoke of Tau...

Duh Chris...LOL

Nah, it's that magic indi....

We seem to have very similar numbers we play off... good!

I have to make a public confession... I cheated...

I removed my stop @ 1.5912. Sold a second batch @ 1.5920. Expecting some drawdown...but later hours and tomorrow, we go down. So - I will hold...

Balls to the wall

Regards
  • #175,707
  • Oct 13, 2009 12:42pm Oct 13, 2009 12:42pm
Quoting TauTrader
Nah, it's that magic indi....

We seem to have very similar numbers we play off... good!

I have to make a public confession... I cheated...

I removed my stop @ 1.5912. Bought a second batch @ 1.5920. Expecting some drawdown...but later hours and tomorrow, we go down. So - I will hold...

Balls to the wall

Regards
You'd make a good biker buddy.....

That's not cheating BTW, It's called trade management.

My riding sweetie showed me a great helmet sticker this weekend that said.....

"I'd slap you but shit splatters"
Ghost Rider - WWTBMD?
  • #175,708
  • Oct 13, 2009 12:44pm Oct 13, 2009 12:44pm
... push him only 20 pips missing ))
  • #175,709
  • Oct 13, 2009 12:50pm Oct 13, 2009 12:50pm
Good day to you,

Attached chart. Numbered and referenced:

1) Stoploss placed just above the open of last week @ 1.5938
2) Target @ 1.5882

Small change...

But this is my way....

Just added a new book to my range ... read and weep

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: gu121.gif Size: 24 KB
Attached Image
  • #175,710
  • Oct 13, 2009 12:50pm Oct 13, 2009 12:50pm
Quoting TauTrader
Nah, it's that magic indi....

We seem to have very similar numbers we play off... good!

I have to make a public confession... I cheated...

I removed my stop @ 1.5912. Sold a second batch @ 1.5920. Expecting some drawdown...but later hours and tomorrow, we go down. So - I will hold...

Balls to the wall

Regards
My two positions are small so my SL is on the moon right now. I'm thinking we won't get much above this 50EMA but if so, I think tops we hit the 61.8% 5961 area. I'll be looking for larger positions around there me thinks.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_4_hour.gif Size: 36 KB
Ghost Rider - WWTBMD?
  • #175,711
  • Oct 13, 2009 12:55pm Oct 13, 2009 12:55pm
Well chaps,

Time to go for a ride I think, its been fun, but I think I will wait to see what happens tomorrow, besides my eyes are starting to hurt, just one last Pink Floyd track and then I am officially done!

All the best for those of you in trades, see you in the morning!
  • #175,712
  • Oct 13, 2009 12:55pm Oct 13, 2009 12:55pm
Or Afternoon...or Evening!
  • #175,713
  • Oct 13, 2009 12:59pm Oct 13, 2009 12:59pm
Quoting egkid
Evening all
Just back from my work:-)
Seems it goes as we expected yesterday,Currently no long no short it will be no real move and will go up some more as my view.
So i will be waiting to Short again but NOT TODAY
Cool as i thought and we still can go higher
  • #175,714
  • Edited 1:07pm Oct 13, 2009 1:03pm | Edited 1:07pm
what was that `?

big profit in E/U
  • #175,715
  • Oct 13, 2009 1:11pm Oct 13, 2009 1:11pm
the up move is over for now.
my long was stopped out just below 15900.
so only made about 70 pips
PIPPED TO THE LINE
  • #175,716
  • Oct 13, 2009 1:16pm Oct 13, 2009 1:16pm
Now we're talking
The Sky is the Limit!
  • #175,717
  • Oct 13, 2009 1:16pm Oct 13, 2009 1:16pm
I do not understand these news. CPI in UK is worse then expected (lower), and GBP is getting strength. Economic sentiment in EU is worse then expected and EUR is getting strength? I would appreciate 1.5350 in near future but with this kind of behavior I doubt it.
  • #175,718
  • Oct 13, 2009 1:21pm Oct 13, 2009 1:21pm
Quoting alter
I do not understand these news. CPI in UK is worse then expected (lower), and GBP is getting strength. Economic sentiment in EU is worse then expected and EUR is getting strength? I would appreciate 1.5350 in near future but with this kind of behavior I doubt it.
Don't worry, I think we'll get there. Slowly but surely. Remember that the big drivers of this market are big bangs and their traders who are very smart people and are continuously trying to take your money. so...be patient and wise . I know it's easier said than done, but it never hurts to keep saying it. Maybe one day I will actually follow it
The Sky is the Limit!
  • #175,719
  • Oct 13, 2009 1:23pm Oct 13, 2009 1:23pm
Quoting malcolmb14
gu target 1.5900 min ... buyers 1.5750 and again 1.5780 test

this bs move down in asia is just test demand.

I except to see gj 143 and gu 1.5900 with in 12 hrs
is the move in gj and gu a surprise ? no not really .... it has been forming since friday with low volume tests thru yesterday and london
Blogging daily now at www.volume.zone
  • #175,720
  • Oct 13, 2009 1:27pm Oct 13, 2009 1:27pm
we don't rattle easily
Attached Image (click to enlarge)
Click to Enlarge Name: gud.JPG Size: 66 KB
Thank You
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