Cable Update (GBPUSD) | Page 8806 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #176,101
  • Oct 14, 2009 8:13am Oct 14, 2009 8:13am
Quoting albchr
Getting crushed so far this week brother.... Still holding shorts and still alive but it isn't a very comfortable thing right now.

Having a tough time deciding whether to add to them up here or cut the losers and lick the wounds....

dont add, its pointless will only build the stress level up..have the stop in place and let it do its thing..we still in..thats a good thing!
  • #176,102
  • Oct 14, 2009 8:16am Oct 14, 2009 8:16am
Price currently 15997.

We are getting very close to BOE or verbal/actual intervention now.

Co-ordinated response from EUR and UK CB's is highly likely at this rate.

You can tell when it happens, we will drop 150-250 pips in 15 minutes.
  • #176,103
  • Oct 14, 2009 8:17am Oct 14, 2009 8:17am
Should have posted this earlier. I don't care where we go, let's just go.
Attached Image (click to enlarge)
Click to Enlarge Name: ZZcable 1.gif Size: 18 KB
  • #176,104
  • Oct 14, 2009 8:18am Oct 14, 2009 8:18am
Quoting FXAdvice
also 1.5970 for downward
Quoting calderone
Not sure I know where you got that level from but I also have a 20 day sma in that area-not much but a little confluence, it's skimming my trendline.
It's fighting hard...
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.JPG Size: 144 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,105
  • Oct 14, 2009 8:19am Oct 14, 2009 8:19am
Quoting nAVIN2007
dont add, its pointless will only build the stress level up..have the stop in place and let it do its thing..we still in..thats a good thing!
I hear what you're saying bro. But "if" this thing decides to drop, a nice short or two from up here could really help offset the losers I have in case it doesn't get back down to them.....
Ghost Rider - WWTBMD?
  • #176,106
  • Oct 14, 2009 8:23am Oct 14, 2009 8:23am
Quoting albchr
I hear what you're saying bro. But "if" this thing decides to drop, a nice short or two from up here could really help offset the losers I have in case it doesn't get back down to them.....
i hear yah..
  • #176,107
  • Oct 14, 2009 8:24am Oct 14, 2009 8:24am
Quoting TauTrader
Good day to you,

Never a day without excitement! What is wrong with you people?

Herewith my newest release... read with caution...

Regards
BAHAHAHAHAHHAHHAHAHAHAHA damnit Tau that's a good one! I'm sure BB wants to be a minute man!
Thank You
  • #176,108
  • Oct 14, 2009 8:25am Oct 14, 2009 8:25am
nobody has a new place with gold ;P than it can fall and we have fun.
  • #176,109
  • Oct 14, 2009 8:25am Oct 14, 2009 8:25am
Quoting direct-trade
Price currently 15997.

We are getting very close to BOE or verbal/actual intervention now.

Co-ordinated response from EUR and UK CB's is highly likely at this rate.

You can tell when it happens, we will drop 150-250 pips in 15 minutes.
Wow that would be a big drop...
  • #176,110
  • Oct 14, 2009 8:25am Oct 14, 2009 8:25am
Quoting Bull_Bear
I'm not liking PA in cable for short at the moment... Plus the dollar weak across the board, not a healthy mixture.

Lets buy....

1.6000.. SL.. 1.5920.. TP.. 1st 1.6100, 2nd 1.6180
Time to reverse to short... closed @ 1.5980 .... -40pips

Sell 1.5980... SL.. 1.6060.. TP.. open
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,111
  • Oct 14, 2009 8:28am Oct 14, 2009 8:28am
LARGE move after FOMC i guess either side.
  • #176,112
  • Oct 14, 2009 8:29am Oct 14, 2009 8:29am
Quoting albchr
Getting crushed so far this week brother.... Still holding shorts and still alive but it isn't a very comfortable thing right now.

Having a tough time deciding whether to add to them up here or cut the losers and lick the wounds....

Sorry to hear that. I was in the same situation yesterday. Nav is right don't feed the beast because it will end end eating you alive. I made the mistake yesterday, and should have just taken loss. Now...this isn't a good week for me either Sucks but that'll teach me to check on my forgotten pending orders .

So it is your decision, whatever you do, try not to feed this monster. Good luck
The Sky is the Limit!
  • #176,113
  • Oct 14, 2009 8:29am Oct 14, 2009 8:29am
Quoting Bull_Bear
Time to reverse to short... closed @ 1.5980 .... -40pips

Sell 1.5980... SL.. 1.6060.. TP.. open
i always feel better when we on the same side..(fruit cocktail brother!)
  • #176,114
  • Oct 14, 2009 8:30am Oct 14, 2009 8:30am
http://www.forexfactory.com/showpost...stcount=176073

Closed remainder of dragon trade @ 143.06... + 45pips

Reversing short at 143.06... SL.. 143.90.. TP..141.50
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,115
  • Oct 14, 2009 8:31am Oct 14, 2009 8:31am
EUR/USD not respecting break breathes... who's pushing this up?
  • #176,116
  • Oct 14, 2009 8:35am Oct 14, 2009 8:35am
Quoting nAVIN2007
i always feel better when we on the same side..(fruit cocktail brother!)
Thanks bro... BEERZ
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,117
  • Oct 14, 2009 8:37am Oct 14, 2009 8:37am
wow .. the dow came off the blocks flying.
Thank You
  • #176,118
  • Oct 14, 2009 8:37am Oct 14, 2009 8:37am
Good morning guys,

I need your help with something. Do you know if there is a thread for strict mm. I have a lot of trouble letting go of a losing position and taking a loss without waiting for the "call". It's like a freeze where i just don't want to close the position, surely with a bigger account i could take a drawdown given it usually goes back to that level, but I honestly don't think account size matters.
Because with a bigger account, i may take more risk.

Anyway, if anyone knows of a good thread of some mental conditioning that makes it easier to stop the "what ifs" or the "but I know" kind of thoughts, please let me know it would be really appreciated!
The Sky is the Limit!
  • #176,119
  • Oct 14, 2009 8:37am Oct 14, 2009 8:37am
Quoting Bull_Bear
http://www.forexfactory.com/showpost...stcount=176073

Closed remainder of dragon trade @ 143.06... + 45pips

Reversing short at 143.06... SL.. 143.90.. TP..141.50
Dame did any catch my dragon call? Nice +55pips in 8 mins
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,120
  • Oct 14, 2009 8:39am Oct 14, 2009 8:39am
Quoting ahlamo
Sorry to hear that. I was in the same situation yesterday. Nav is right don't feed the beast because it will end end eating you alive. I made the mistake yesterday, and should have just taken loss. Now...this isn't a good week for me either Sucks but that'll teach me to check on my forgotten pending orders .

So it is your decision, whatever you do, try not to feed this monster. Good luck

Thanks sweetie.... ...

I think we're at a turning point here but it has been a crazy week for sure. I'm going to be patient for the close of this hour and see what PA is telling me. I had originally thought to add higher up as I was building my short positions anyway. I just didn't expect it to get this high to be honest.

So if it's done climbing, I'll stick with my plan and add.....

How about you dear? Are you still in or have you cut them loose at this point? Hope it works out well for you either way...
Ghost Rider - WWTBMD?
280 traders viewing now, 7 are registered:
Meer-Shayhak
,
,
Ahsan
,
bolivarfx
,
CPUmice
,
saidi01
,
tescofire