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Cable Update (GBPUSD)

  • #180,581
  • Nov 3, 2009 12:52pm Nov 3, 2009 12:52pm
What is a mere 110 pips between friends? Go now and relieve me of my misery...
Attached Image
  • #180,582
  • Nov 3, 2009 1:10pm Nov 3, 2009 1:10pm
Quoting TauTrader
What is a mere 110 pips between friends? Go now and relieve me of my misery...
  • #180,583
  • Nov 3, 2009 1:14pm Nov 3, 2009 1:14pm
heck that liitle cable pop took me and my sl by surprise

160 pips in a day is about the most i would expect so perhaps some dithering soon
  • #180,584
  • Nov 3, 2009 1:17pm Nov 3, 2009 1:17pm
Good day to you,

Only 90 more to go....

All positions now green.Only just..... Will lock in soon....

I have sweated on this one since Sunday open.

Wish you all success.

regards
Attached Image (click to enlarge)
Click to Enlarge Name: ggmm.gif Size: 12 KB
  • #180,585
  • Nov 3, 2009 1:17pm Nov 3, 2009 1:17pm
Quoting nAVIN2007
hope your trade goes well, man.
  • #180,586
  • Nov 3, 2009 1:18pm Nov 3, 2009 1:18pm
Quoting TauTrader
Good day to you,

Only 90 more to go....

All positions now green.Only just..... Will lock in soon....

I have sweated on this one since Sunday open.

Wish you all success.

regards
are your losing streaks really worse than the winning ones?
  • #180,587
  • Nov 3, 2009 1:22pm Nov 3, 2009 1:22pm
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I am done for the day.

As said, 64500 for today and it has indeed touched 64500 to the pip!
Exiting few positions, will build new positions tomorrow.
And will wait for 6600 or even 67000 to short!
Yes you heard me right...


ams



Quoting ams
Good luck to us in this case as me too loaded another lot on 62700 target 64500 for today. Who knows about tomorrow.
  • #180,588
  • Nov 3, 2009 1:25pm Nov 3, 2009 1:25pm
so now all stops are taken, back to 1.6265 at least

imho
  • #180,589
  • Edited 1:28pm Nov 3, 2009 1:27pm | Edited 1:28pm
i have a dreem 16220 it will come through soon and buffetttt the azz will be f;;;;;ed

my stop on cable 16470 eur 14760
  • #180,590
  • Nov 3, 2009 1:29pm Nov 3, 2009 1:29pm
Quoting nAVIN2007
Good day to you,

This has not been pleasant - drinking a lot of headache tablets as the week progresses... I cherish your acknowledgement.

Still a very long way to go...

Can be taken to the cleaners at any second...

Wish you all success

Regards
  • #180,591
  • Nov 3, 2009 1:40pm Nov 3, 2009 1:40pm
Tautrader, just curious, why don't you take profits at least in some of your Positions?

FOMC and NFP ahead, wouldnt be too bad to lock some profits.
  • #180,592
  • Nov 3, 2009 1:44pm Nov 3, 2009 1:44pm
Quoting TauTrader
Good day to you,

This has not been pleasant - drinking a lot of headache tablets as the week progresses... I cherish your acknowledgement.

Still a very long way to go...

Can be taken to the cleaners at any second...

Wish you all success

Regards
its a tough one brother!!!
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Click to Enlarge Name: trade2.gif Size: 42 KB
  • #180,593
  • Nov 3, 2009 1:51pm Nov 3, 2009 1:51pm
Long time ... but what can I say .. I saw this coming long ago .. Criticize and call it luck ... I posted this on June and all three have come to pass ..

http://www.forexfactory.com/showpost...51&postcount=4




Hey arms & Macman .. still reading the threads .. am now a big boy .. doing big things ..
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #180,594
  • Nov 3, 2009 1:53pm Nov 3, 2009 1:53pm
The move up from today's current intraday lows came as £ found demand in the potential 4hr support zone shown below:
http://i37.tinypic.com/2kh204.gif
This potential support zone was co-existant on 1hr also

There were hi-probability repeating reversal set-ups to the 1hr t/f, the 15min bullish divergence/band deviation based set-up is shown below:
http://i38.tinypic.com/2zedlcn.gif
and the 5min with great bullish pinbar trigger is shown below:
http://i36.tinypic.com/bg43nd.gif

You have just gotta trade what you see.

G/L
ex member
  • #180,595
  • Nov 3, 2009 1:55pm Nov 3, 2009 1:55pm
Quoting pipnapper
Tautrader, just curious, why don't you take profits at least in some of your Positions?

FOMC and NFP ahead, wouldnt be too bad to lock some profits.
Good day to you,

My setup is telling me that there is a bit more to the upside... over the next 8 to 12 hrs. Therefor I will hold all positions. I still have this window before FOMC and NFP. I'll be sure to start closing as we approach these events.

But your point is very valid

Regards
  • #180,596
  • Nov 3, 2009 1:58pm Nov 3, 2009 1:58pm
its all about dowwwwwwwwwwwwwwwwwwwwwwwwwwwwww
  • #180,597
  • Nov 3, 2009 2:36pm Nov 3, 2009 2:36pm
Quoting Popee83
Long time ... but what can I say .. I saw this coming long ago .. Criticize and call it luck ... I posted this on June and all three have come to pass ..

http://www.forexfactory.com/showpost...51&postcount=4




Hey arms & Macman .. still reading the threads .. am now a big boy .. doing big things ..
Go on then I will bite

How much gold would you like to buy from me at 1900 per ounce ?
  • #180,598
  • Nov 3, 2009 2:42pm Nov 3, 2009 2:42pm
Quoting TauTrader
Good day to you,

My setup is telling me that there is a bit more to the upside... over the next 8 to 12 hrs. Therefor I will hold all positions. I still have this window before FOMC and NFP. I'll be sure to start closing as we approach these events.

But your point is very valid

Regards
Thanks, just looked at your Profile and saw you're from CT. I was also born in RSA, but 39 years ago, lived in germany the last 37 years. Spent a few moth in Cape Town in 1996....
very nice over there.
  • #180,599
  • Nov 3, 2009 2:45pm Nov 3, 2009 2:45pm
So cable looks very vulnerable to a bad payrolls number early tomorrow.

Anyone positioning themselves to ride the storm or sitting it out ?
  • #180,600
  • Nov 3, 2009 2:55pm Nov 3, 2009 2:55pm
Quoting allserene
So cable looks very vulnerable to a bad payrolls number early tomorrow.

Anyone positioning themselves to ride the storm or sitting it out ?

Shorts initiated around 1.6420 after this last spike to 1.6450 was rejected. .
"Timing Is Everything. Really I Swear It Is"
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