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Cable Update (GBPUSD)

  • #180,741
  • Nov 4, 2009 8:20am Nov 4, 2009 8:20am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Will ride from the TOP chris!


Quoting albchr
  • #180,742
  • Nov 4, 2009 8:20am Nov 4, 2009 8:20am
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
if he is the driver we doomed

i just saw yur trade result..very impressive!!
  • #180,743
  • Nov 4, 2009 8:22am Nov 4, 2009 8:22am
I don't know how I placed a sell order @1.6300 when I'm very sure that the market will go up.
  • #180,744
  • Nov 4, 2009 8:22am Nov 4, 2009 8:22am
Quoting fx local
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.
thanks
  • #180,745
  • Nov 4, 2009 8:23am Nov 4, 2009 8:23am
Quoting nAVIN2007
missing u homes

what happened to hasnaa mising her as well...no gartley
sup homes...

Queenie?....Hmmm... I thought you took her up & away....lol...

no gartley, no garden, no flower, no.....
Hear the music before the song is over ...
  • #180,746
  • Nov 4, 2009 8:24am Nov 4, 2009 8:24am
Quoting navhin
wat's ur TP for short?
Good day to you,

Do not know yet - will attempt to lock as soon as possible - if I ever get a positive balance.

First will be 1.4773 - the upper level of the daily channel, by high
Then 1.4751 - the upper level of the daily channel, by low
Then 1.4735 - the 50% line of the monthly range

I can not give you a fixed TP at present... can only attempt to lock in @ BE and see where we go.

Regards
  • #180,747
  • Nov 4, 2009 8:28am Nov 4, 2009 8:28am
I agree with you, expect a volatile market, but wait for the Fed announcement and the one from the ECB and BOE and non farm payrolls,
after that you will see clearer, cuz right now its speculations ups & Downs
  • #180,748
  • Nov 4, 2009 8:29am Nov 4, 2009 8:29am
Quoting GlobalMacro

Queenie?....Hmmm... I thought you took her up & away....lol...
Borak took hear to mexico with the bears she still lost

http://video.google.com/videoplay?docid=-18557530837761574#docid=-6918255485161567026
  • #180,749
  • Nov 4, 2009 8:32am Nov 4, 2009 8:32am
Quoting ams
Hey TT,

Not seeing a down day for today!

Best of luck!
Good day to you,

Me neither...

Just looking at the chart pattern forming and hoping for a few on scalping - I am really finished for the week taking position. Just messing with some small positions.

There sure is purpose in the move up - no doubt.

But when we climb, we need to rest.. so I will be waiting in the shade when this martherfarger sits back a bit.

Thank you for the post - appreciated

Regards
  • #180,750
  • Nov 4, 2009 9:03am Nov 4, 2009 9:03am
Quoting albchr
ya i see higher too...but 6576 looks like it hold for a short term range especially if stocks dont go much higher today. i will look to short to 6522 if it hold and scalp this range
FUTURE OF MX
  • #180,751
  • Nov 4, 2009 9:14am Nov 4, 2009 9:14am
well,it does not look very well for my shorts. LOL.. time to sit on the corner, and facing the wall and cry..

Hopefully it does not pass this level.. pray pray pray.. pray hard..
  • #180,752
  • Nov 4, 2009 9:18am Nov 4, 2009 9:18am
TP hit @1.6550 (+100pips), now trying to scalp short 25pips from 1.6560 SL @1.6580 before buying again. Hope to see price hit at 1.6600 this week. Trade at your own risk.
Night Stalker
  • #180,753
  • Nov 4, 2009 9:42am Nov 4, 2009 9:42am
Quoting mloistianto
well,it does not look very well for my shorts. LOL.. time to sit on the corner, and facing the wall and cry..

Hopefully it does not pass this level.. pray pray pray.. pray hard..


Dont cry where is your stop brother
  • #180,754
  • Nov 4, 2009 9:49am Nov 4, 2009 9:49am
I have a Sell set up at 1.6595 hoping it will get there and return back where it came from.
  • #180,755
  • Nov 4, 2009 9:50am Nov 4, 2009 9:50am
Quoting poortrader
Dont cry where is your stop brother
LOL slightly above 1.6600..
  • #180,756
  • Nov 4, 2009 9:51am Nov 4, 2009 9:51am
Quoting mloistianto
well,it does not look very well for my shorts. LOL.. time to sit on the corner, and facing the wall and cry..

Hopefully it does not pass this level.. pray pray pray.. pray hard..

well im short here at 6575 hope she holds ill dump it at 6550 if goes my way
FUTURE OF MX
  • #180,757
  • Nov 4, 2009 9:53am Nov 4, 2009 9:53am
Quoting mloistianto
LOL slightly above 1.6600..
Dont worry hope it will not touch it

I pray for you
  • #180,758
  • Nov 4, 2009 9:54am Nov 4, 2009 9:54am
dear bear, where are you??
  • #180,759
  • Nov 4, 2009 9:55am Nov 4, 2009 9:55am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
All long positions closed from 62700!

I am not taking shorts now as I expect this to touch 67000 even or at least wait for Asia reaction.


Ta
ams


Quoting ams
Folks,

As I said, expect the unexpected.
I am looking to short cable from 65800 sl 150 pips and adding on 66900 SL 50 pips (if it reach that level).

I expect cable to go mental and take all the SL's before it drops.

65700 seems inevitable, and it should be bought before the BIG news. If the news is bad some retrace else only on the UP side.

I am holding few of my longs from 62700, adjusted few positions yesterday @ 64500.

Trade your own charts. I am posting my trades and my thoughts.

Ta
ams
  • #180,760
  • Nov 4, 2009 10:02am Nov 4, 2009 10:02am
Bad day for those with ex-colonial hang ups that always want to short the GBP

I can understand the bad US figures sinking the dollar but for the DOW to go up so strongly is a bit strange

Anyone know why, is it US multi nationals benefiting from a lower dollar ?
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