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Cable Update (GBPUSD)

  • #176,541
  • Oct 15, 2009 4:06am Oct 15, 2009 4:06am
Quote
Originally Posted by direct-trade http://cdn.forexfactory.com/images/buttons/viewpost.gif
Im now Short at 16208.

Post here:

http://www.forexfactory.com/showpost...&postcount=146


Quoting DeadCowboy
Why go short when nothing tells you too. The last 5 minutes of a candle is always a push somewhere hard. wait for PA everyone, you...

Really?
  • #176,542
  • Oct 15, 2009 4:06am Oct 15, 2009 4:06am
Quoting DeadCowboy
Why go short when nothing tells you too. The last 5 minutes of a candle is always a push somewhere hard. wait for PA everyone, you wont regret it
Agreed. Something that I learned by bitter experience.
  • #176,543
  • Oct 15, 2009 4:07am Oct 15, 2009 4:07am
Quoting Bull_Bear
Two Words...

You MUG

Well done mate


Thanks buddy...
Hear the music before the song is over ...
  • #176,544
  • Oct 15, 2009 4:07am Oct 15, 2009 4:07am
Quoting direct-trade
Really?
What is ur TP DT?
  • #176,545
  • Oct 15, 2009 4:08am Oct 15, 2009 4:08am
Quoting pipsdaily
Guys,

Technical issues aside, I think it would be very unwise for buy the dollar i.e short GBP/USD at this time. Dollar weakness issues are all-over the news. Check these two for example.

check out my signature line bro
  • #176,546
  • Oct 15, 2009 4:08am Oct 15, 2009 4:08am
Quoting Fx1618





Hear the music before the song is over ...
  • #176,547
  • Oct 15, 2009 4:09am Oct 15, 2009 4:09am
Quoting GlobalMacro
Thanks buddy...
He didn't mean a MUG of BEER by the way .
You've got to be IN IT to WIN IT!
  • #176,548
  • Oct 15, 2009 4:09am Oct 15, 2009 4:09am
Quoting Gainmoney
What is ur TP DT?
Multiple TP's right down to and below 136
  • #176,549
  • Oct 15, 2009 4:10am Oct 15, 2009 4:10am
when cable was at 1.57 on i said i see cable in 1.62 region b4 the week close,infact i was expecting it to get there yesterday but didnt, all terget met.well glory be to God as i make sweet big pips.......the next terget is 1.6390-1.64 region.
what you see is what you get
  • #176,550
  • Oct 15, 2009 4:11am Oct 15, 2009 4:11am
Guys,

Fundies rule.....I just banked 250 pips @1,62.....

Believe me it's an easy path, just buy on dips....and ride the trend......there's plenty of room up to 1,6436

GL to all
Attached Image (click to enlarge)
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Non licet omnibus adire Corinthum
  • #176,551
  • Oct 15, 2009 4:11am Oct 15, 2009 4:11am
Im out of here for a while, see you later. Happy trades
  • #176,552
  • Oct 15, 2009 4:11am Oct 15, 2009 4:11am
Quoting Gainmoney
shorts taken 2 lots @ 16210. Hope this thing goes down since it is overbought. TP: 75 pips.
We have the same direction now... Wish us luck... !
  • #176,553
  • Oct 15, 2009 4:13am Oct 15, 2009 4:13am
Quoting Ifty
He didn't mean a MUG of BEER by the way .
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #176,554
  • Oct 15, 2009 4:13am Oct 15, 2009 4:13am
Okay, I'll try my hand at this again

Cable found Resistance at the Weekly R2 @ 1.6224, if we can past this hurdle Next Resistance will only be at R3@ 1.6330

Hows that? :nerd:

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  • #176,555
  • Oct 15, 2009 4:14am Oct 15, 2009 4:14am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Cool DT!

Same here. Market is expecting strong earnings from GS, BOA, Citi tomorrow, and dow to touch 10400. They are not sure after that.

So even if this thing goes 64-65 it will tank 400-500 pips or more later. I might increase my Sl for another 200 pips and more to this sh*t. Not ready to take loss on this crap anymore.

If BOE doesn't want currency to go higher who are we to argue, isn't it




Quoting direct-trade
check out my signature line bro
  • #176,556
  • Oct 15, 2009 4:14am Oct 15, 2009 4:14am
Quoting direct-trade
Multiple TP's right down to and below 136
You mean u going to TP@ below 1.3600 :o ?? Are you kidding me?
  • #176,557
  • Oct 15, 2009 4:15am Oct 15, 2009 4:15am
oups sorry bad chart
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Non licet omnibus adire Corinthum
  • #176,558
  • Oct 15, 2009 4:15am Oct 15, 2009 4:15am
Quoting segxy007
when cable was at 1.57 on i said i see cable in 1.62 region b4 the week close,infact i was expecting it to get there yesterday but didnt, all terget met.well glory be to God as i make sweet big pips.......the next terget is 1.6390-1.64 region.
what you see is what you get

ya right.. and that prophet is called MoneyManagement
=)))
LOL
  • #176,559
  • Oct 15, 2009 4:23am Oct 15, 2009 4:23am
Quoting doubledutch
Its quite evident that you didn't see the uptrend otherwise you wouldn't have been selling into it and keeping getting stopped out. I have no great desire to talk to you either but when you post in a public forum then every reader is your potential addressee.
Nothing personal against you and i do not wish to get into a childish slanging match. Learn to accept different opinions and i wish you good trading.
Point taken.
Apologies for sounding like an asshole for the remarks to you earlier
However I have to correct your comments on me keep getting stopped out. For the record, I had only been stopped out failed attempt on eu so far ONCE. The details of that trade is in my trade journal. This is my second attempt & I am trying to build my short positions from what I see.
I am well aware that I am selling in an uptrend, not something that I usually do, but it is obvious that I do see a high probability setup for short else I won't be doing it at all. I do not think it is all that fair to ridicule my selling without actually knowing my reasons behind it, because if that is the case, I am pretty sure you would ask these guys who were buying into a clear downtrend in cable this past few days which you did not. Apparently they saw something which many of us didn't & since their long setup had worked I suppose it would not sound right for you to comment them buying in downtrend now would it?
Since I have a pretty well defined risk management, for the time being I will keep building short positions on eu.
Wish you well on your trades & good luck
Thank You
  • #176,560
  • Oct 15, 2009 4:23am Oct 15, 2009 4:23am
Quoting segxy007
when cable was at 1.57 on i said i see cable in 1.62 region b4 the week close,infact i was expecting it to get there yesterday but didnt, all terget met.well glory be to God as i make sweet big pips.......the next terget is 1.6390-1.64 region.
what you see is what you get
hey guy, just because ur gambling came out ryt doesnt mean u are pro. u are just a gambler. i can bet it with u that those ur next prediction will be wrong. if u can lets bet????????/
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