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Cable Update (GBPUSD)

  • #180,721
  • Nov 4, 2009 7:03am Nov 4, 2009 7:03am
What are we expecting from ADP NFP, guys? Whipsawed both ways last month if memory serves me correctly?
  • #180,722
  • Nov 4, 2009 7:13am Nov 4, 2009 7:13am
Quoting DubaiTrader
What are we expecting from ADP NFP, guys? Whipsawed both ways last month if memory serves me correctly?
Good question I'm trading right in the middle of it - keeping a wary eye on things.

Main news on Freaky Friday!
  • #180,723
  • Nov 4, 2009 7:17am Nov 4, 2009 7:17am
Quoting TauTrader
Good day to you all, Gentlemen / Ladies

I am back from out-of-town. Far earlier than expected.... I see that the number was hit... (1.6515) - Should have...Could have...Bla,Bla,Bla

I see GU is back within my expected daily range... so, we may see a close in the area of 1.6453? (just opinion)

I am finished for the week - in terms of longer term trades. Will now just play with very small entries and scalp 2 to 10 pips ( keep the broker happy).

EU, EJ and GU - leaving the dragon to the masters here...

Can someone please look at EU? -...
yo tt..

i will not say much but im in this...good luck with it
i entered cause monthly shows a rejection, weekly has a bearish engulf with match high..if it goes down..it could fetch me a lot of pips

coulda should wanna kinda stuff!!!

be lucky my bru
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  • #180,724
  • Nov 4, 2009 7:20am Nov 4, 2009 7:20am
Quoting ABoulfoul
thanks. last time i checked you were long on this pair too. hope it made your day/week/month too.
Good day to you,

See this post - this was when I closed - was pressed for time

http://www.forexfactory.com/showthre...05#post3206605

Regards to you
  • #180,725
  • Nov 4, 2009 7:25am Nov 4, 2009 7:25am
Quoting nAVIN2007
yo tt..

i will not say much but im in this...good luck with it
i entered cause monthly shows a rejection, weekly has a bearish engulf with match high..if it goes down..it could fetch me a lot of pips

coulda should wanna kinda stuff!!!

be lucky my bru
Hehe,

I told you we were the same... I asked the question if anyone is seeing a possible marking up on EU before news later.. I did not get an answer - so I thought that the traders here were upset with me..

But I have already taken a small little stab at Fibre

I will sell EU again - just looking for discount

My highest regards to you, Navin
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  • #180,726
  • Nov 4, 2009 7:30am Nov 4, 2009 7:30am
Hiya Crew,

I'm taking some time off relaxing....

Hope everyone's making tons of pips...

Hear the music before the song is over ...
  • #180,727
  • Nov 4, 2009 7:31am Nov 4, 2009 7:31am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
TT,

Don't know why but I see 66200 before the fall.
May be I am going mental :-)



Ta


Quoting TauTrader
Hehe,

I told you we were the same... I asked the question if anyone is seeing a possible marking up on EU before news later.. I did not get an answer - so I thought that the traders here were upset with me..

But I have already taken a small little stab at Fibre

I will sell EU again - just looking for discount

My highest regards to you, Navin
  • #180,728
  • Nov 4, 2009 7:45am Nov 4, 2009 7:45am
08:34 11/04 CABLE: Lifts back to $1.6540, as rate tracks euro-dollar's extended
recovery, with euro-sterling taking up part of the upside pressure to
move toward resistance at stg0.8950. Cable offers said to remain in
place between $1.6540/50, an Asian sovereign a noted seller during the
European morning which capped the intraday highs at $1.6545. Asian name
same buyer as was buying in the $1.6270/60 area Tuesday.
Trading is 80% Emotional, 20% Technical
  • #180,729
  • Nov 4, 2009 7:46am Nov 4, 2009 7:46am
Quoting ams
TT,

Don't know why but I see 66200 before the fall.
May be I am going mental :-)



Ta
Good day to you,

Too early to tell - could go anywhere..

Although today is an UP day, like you indicated yesterday, I still see us ending the week below 1.6404... ( just opinion)

Deep pockets will allow selling to start around here, with another unit added every 30 pips against your initial entry....

Wish you success

Regards
  • #180,730
  • Edited 8:00am Nov 4, 2009 7:47am | Edited 8:00am
Quoting TauTrader
Hehe,

I told you we were the same... I asked the question if anyone is seeing a possible marking up on EU before news later.. I did not get an answer - so I thought that the traders here were upset with me..

But I have already taken a small little stab at Fibre

I will sell EU again - just looking for discount

My highest regards to you, Navin

yeah i decided to hell with it..just trade
did u stay in to get yur target on GU...u did fantastic

yesterday in private chat me and azim..were like whats going on cable is shooting...azim says " who the hell is buying?" ....i say tautrader ..u are a big player!!!!!!!!!!

welldone brother...was a hell of a trade
  • #180,731
  • Nov 4, 2009 7:53am Nov 4, 2009 7:53am
Quoting TauTrader
Good day to you,

See this post - this was when I closed - was pressed for time

http://www.forexfactory.com/showthre...05#post3206605

Regards to you
that's quite a paycheck haha.
  • #180,732
  • Nov 4, 2009 7:58am Nov 4, 2009 7:58am
Quoting GlobalMacro
Hiya Crew,

I'm taking some time off relaxing....

Hope everyone's making tons of pips...

missing u homes

what happened to hasnaa mising her as well...no gartley
  • #180,733
  • Nov 4, 2009 8:03am Nov 4, 2009 8:03am
Quoting nAVIN2007


yesterday in private chat me and azim..were like whats going on cable is shooting...azim says " who the hell is buying?" ....i say tautrader
Hehe - yes, I moved the market on my own with my massive mini's..

It was those bulls you imported from Mexico... they just got lost...

But today they have landed in the land of the free - all with green cards!

Sell entered on EU @ 1.4790... next sell will go in @ 1.4817 and last one @ 1.4857..

We are making lower highs and lower lows on the 4hr - so this may actually work...

Let's see

Regards
  • #180,734
  • Nov 4, 2009 8:08am Nov 4, 2009 8:08am
[quote=ams;3207593]TT,

Don't know why but I see 66200 before the fall.
May be I am going mental :-)

Having a look at daily high and lows over the week or so - apart from the massive drop when Brits announced we were still in major recession they are running at a maximum of 300pips which means our high might be around 6530/60 before retracing just using stats so maybe stop losses majorily above that point if anyone is selling ( like me).
  • #180,735
  • Nov 4, 2009 8:09am Nov 4, 2009 8:09am
Quoting TauTrader
Hehe - yes, I moved the market on my own with my massive mini's..

It was those bulls you imported from Mexico... they just got lost...

But today they have landed in the land of the free - all with green cards!

Sell entered on EU @ 1.4790... next sell will go in @ 1.4817 and last one @ 1.4857..

We are making lower highs and lower lows on the 4hr - so this may actually work...

Let's see

i

Regards
m actually very optimistic about that trade..
  • #180,736
  • Nov 4, 2009 8:12am Nov 4, 2009 8:12am
Quoting TauTrader
Hehe - yes, I moved the market on my own with my massive mini's..

It was those bulls you imported from Mexico... they just got lost...

But today they have landed in the land of the free - all with green cards!

Sell entered on EU @ 1.4790... next sell will go in @ 1.4817 and last one @ 1.4857..

We are making lower highs and lower lows on the 4hr - so this may actually work...

Let's see

Regards
wat's ur TP for short?
  • #180,737
  • Nov 4, 2009 8:16am Nov 4, 2009 8:16am
Quoting nAVIN2007
m actually very optimistic about that trade..
I am glad you are....

Let them mark it up and then we ride it down....

Let us just hope we do not have this driver...

Good luck!

Regards
Attached Image
  • #180,738
  • Nov 4, 2009 8:17am Nov 4, 2009 8:17am
Quoting ams
TT,

Don't know why but I see 66200 before the fall.
May be I am going mental :-)



Ta
Ghost Rider - WWTBMD?
  • #180,739
  • Nov 4, 2009 8:18am Nov 4, 2009 8:18am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hey TT,

Not seeing a down day for today!

Best of luck!



Quoting TauTrader
I am glad you are....

Let them mark it up and then we ride it down....

Let us just hope we do not have this driver...

Good luck!

Regards
  • #180,740
  • Nov 4, 2009 8:19am Nov 4, 2009 8:19am
09:13 11/04 CABLE: Traders add that stops have been building above $1.6550, noting
that Asian sovereign sell interest (which capped rate during the
European morning session at $1.6545) remains in place in the $1.6545/50
area.
Trading is 80% Emotional, 20% Technical
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