Cable Update (GBPUSD) | Page 9052 | 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)

  • #181,021
  • Nov 5, 2009 7:50am Nov 5, 2009 7:50am
It looked like GBPUSD was running out of steam on the daily but it looks like it may be picking some back up . Poor US Dollar is getting beaten lol...but I was able to jump ship and bag 100 pips on the upside just in time.

Wish I was able to trade yesterday looked like there was a pretty good move that I should have been able to catch too.
  • #181,022
  • Nov 5, 2009 7:51am Nov 5, 2009 7:51am
Hey DubaiFx how u doin,
my eur/gbp and gbp/swissi already paid, my opinion jsut matter of time when gbp/usd follows.
regards
  • #181,023
  • Nov 5, 2009 7:52am Nov 5, 2009 7:52am
Quoting kanji
Fxsolutions killed my account at 6612 at 1200 today with claiming their damned accucharts had reached that level, no way that high at that time the price reached there, where can I send my complaints about this Nfa? pls inform guys...
You think that's bad, imagine FXCM releasing a buggy update, where the program freezes, doesn't show your trades, and giving you a slim chance to a re-login, since it may not work.
  • #181,024
  • Nov 5, 2009 7:54am Nov 5, 2009 7:54am
Quoting albchr
Yep...

I may have got in a little low at 6581 though. Actually thinking of adding to it.
My charts indicate to me that we'll go south. But don't add shorts before you are in positive. You can then add more than one lot. Up to you.
No Signal, No Trade. No fundamenals, No headache.
  • #181,025
  • Nov 5, 2009 7:57am Nov 5, 2009 7:57am
Quoting kanji
Fxsolutions killed my account at 6612 at 1200 today with claiming their damned accucharts had reached that level, no way that high at that time the price reached there, where can I send my complaints about this Nfa? pls inform guys...
I use Fxsol...but not the accucharts..they are only good for long term trading
anything else and its like going to court..you dont know how you will come out.
just call them and bitch and complain enough and they will refund your account, it happened to me before also.
  • #181,026
  • Nov 5, 2009 7:57am Nov 5, 2009 7:57am
Quoting mloistianto
Doubt?? LOL..
Yep...sometimes...LOL

But I did place the trade and I'm sticking with it.... It's OK to be wrong. But not OK to give up on my thinking...(I hope)....
Ghost Rider - WWTBMD?
  • #181,027
  • Nov 5, 2009 7:58am Nov 5, 2009 7:58am
Quoting knoxxxalot
Hey DubaiFx how u doin,
my eur/gbp and gbp/swissi already paid, my opinion jsut matter of time when gbp/usd follows.
regards
Fine bro Looks like GBP/USD holds 16630 resistence for time being
if 4h closes below 90 level then 16500 maybe seen tonight.
i am short gbp/jpy from 150.00
with stops above 153.50
target 146.40
then 143.60

we will see tomorrow
Big Day NFP..
Don't compare your Trades with Others
  • #181,028
  • Nov 5, 2009 7:59am Nov 5, 2009 7:59am
Quoting kanji
Fxsolutions killed my account at 6612 at 1200 today with claiming their damned accucharts had reached that level, no way that high at that time the price reached there, where can I send my complaints about this Nfa? pls inform guys...
Im sorry about your account mate, but You are the person who killed your account, not the broker or the market....
You have the power over the EXIT button. or the POWER OFF button and hopefully teach you to exit before major NEWS..

p.s. read your agreement with your broker.. it is an online trading, traffic, network, market, spread, ... anything can happen

p.s.s I personally changed few brokers, but no one is perfect, especially during the NEWS

cheers !
  • #181,029
  • Nov 5, 2009 7:59am Nov 5, 2009 7:59am
Quoting kalparker
You think that's bad, imagine FXCM releasing a buggy update, where the program freezes, doesn't show your trades, and giving you a slim chance to a re-login, since it may not work.
so if they are all crap like this is that worth to deal with them I dont know, I hope your trade goes well...
Chief Member of 220 mph Riders Club...
  • #181,030
  • Nov 5, 2009 8:01am Nov 5, 2009 8:01am
Quoting albchr
Yep...sometimes...LOL

But I did place the trade and I'm sticking with it.... It's OK to be wrong. But not OK to give up on my thinking...(I hope)....
Dont worry, 1.6620-40 will hold pretty strong. My chart told me so.. even though some people said that sky does not have limit, but actually it does. and this is it. I dont know if it will break my TL and resistance or not, but, lets get this thing down. i have short @ 1.6540 area too, few lots, plus im adding @1.6610.. BTW, do u see bull bear, I wonder what is his status now.
  • #181,031
  • Nov 5, 2009 8:02am Nov 5, 2009 8:02am
Quoting albchr
Hey Tracy....

You too. Some ruffled feathers this morning but hopefully it will pass.

How's your trading going?
130 pips from different lots from the morning and waiting positive pips on GU short at 1.6600.

Dollar is weak maybe, but US economy is not weaker than GB's. In selling short, a surprised bad news happened, it will be good for Dollar. I'm not expert in Fundamentals, but i trust on USD when treating against GBP. Charts are my friends.
No Signal, No Trade. No fundamenals, No headache.
  • #181,032
  • Nov 5, 2009 8:03am Nov 5, 2009 8:03am
Quoting trabagwe
doing ok this week, after the wipe out alot more careful, i just feel the wipe out was not my fault but it cost me, befor i close the platform now i check to see if any stops i put on are still there an cancell them out-that was terrible thought stops were cancelled when you closed order well we live an learn and i did learn that, not in a trade now working on confidence an want to go out in the green this week-meet any new friends on b.o.n, yet ?

Yeah I hear ya. I've done some real damage to myself here as well. Mostly because I let one bad month (a really bad month) shake my faith in my method and I started searching around for another way.

At this point, I've kind of come full circle back to my original style but with some help from some good friends here to try and hone it in a bit more. Still working on the confidence for it but I think I'll be OK.

Just that I have a lot less to work with now... so I have further to go is all. I'm glad you're doing OK this week.

Oh, by the way, I met someone on BON.... Seems to be going well so far so thank you Tracy...
Ghost Rider - WWTBMD?
  • #181,033
  • Nov 5, 2009 8:07am Nov 5, 2009 8:07am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Dollar has to be sold Chris. That's what US wants.
They have asked people not to worry about inflation they want weak dollar.

Ok in simple words.
Why recession started?
1. Stock markets went down (layoffs, less spending more saving etc).
2. How can we come out of recession. UP the stock markets.
3. How to UP the stock markets.
4. Supply free money to trade equities, so there is not interest in keeping with the banks.
5. Free money? Yes, with minimal interest rates for a long period.
6. If FED were to announce hawkish statement stock market would have died yesterday. All would have sold stock and given money back to the lender i.e. FED with higher IR.

Dollar is and has to be doomed. Before the crash it was doomed, what's new, eh!

Have faith, UK is also broke :-)


ams



Quoting albchr
I think we may be on the wrong side of this buddy??

The dollar is falling through the floor atm
  • #181,034
  • Nov 5, 2009 8:07am Nov 5, 2009 8:07am
Quoting No Stress
130 pips from different lots from the morning and waiting positive pips on GU short at 1.6600.

Dollar is weak maybe, but US economy is not weaker than GB's. In selling short, a surprised bad news happened, it will be good for Dollar. I'm not expert in Fundamentals, but i trust on USD when treating against GBP. Charts are my friends.

Yep. Dollar ain't moving much (although trying a bit) but the pound is falling a bit now. I feel pretty good about the short although I should have waited just a "little" longer and got in higher...LOL
Ghost Rider - WWTBMD?
  • #181,035
  • Nov 5, 2009 8:08am Nov 5, 2009 8:08am
Quote
Fine bro Looks like GBP/USD holds 16630 resistence for time being
if 4h closes below 90 level then 16500 maybe seen tonight.
i am short gbp/jpy from 150.00
with stops above 153.50
target 146.40
then 143.60

hey nice,
took a look at your blog^^, now i tp all gbp crosses ( swissi, jpy, eur )except the gbp/usd (50% left) so whatever comes just can get better.
regards
  • #181,036
  • Nov 5, 2009 8:10am Nov 5, 2009 8:10am
Quoting ams
Dollar has to be sold Chris. That's what US wants.
They have asked people not to worry about inflation they want weak dollar.

Ok in simple words.
Why recession started?
1. Stock markets went down (layoffs, less spending more saving etc).
2. How can we come out of recession. UP the stock markets.
3. How to UP the stock markets.
4. Supply free money to trade equities, so there is not interest in keeping with the banks.
5. Free money? Yes, with minimal interest rates for a long period.
6. If FED were to announce hawkish statement stock market would...
Dam AMS, sounds a lot like voting here in the states. Always picking the lessor of two evils....

Agreed about what our country wants. In fact I'm "almost" thinking they want the dollar DEAD.
Ghost Rider - WWTBMD?
  • #181,037
  • Nov 5, 2009 8:11am Nov 5, 2009 8:11am
Quoting Piters
Im sorry about your account mate, but You are the person who killed your account, not the broker or the market....
You have the power over the EXIT button. or the POWER OFF button and hopefully teach you to exit before major NEWS..

p.s. read your agreement with your broker.. it is an online trading, traffic, network, market, spread, ... anything can happen

p.s.s I personally changed few brokers, but no one is perfect, especially during the NEWS

cheers !
piters, bro, the problem is not exitin, 6601 is the monthly s/r that can not be broken with a news spike for me, they killed it in first spike which the price was 6601 to my metatrader, I am talking about that moment, that second, not 30 minutes later, Iwas going to add funds accoding to the news for close it but they did not allow me... thats what I am tring to tell.. anyway it happened just 123usd left in the account , I may go long on 6540, ı think it will try again upside to breach 6630-40...
Chief Member of 220 mph Riders Club...
  • #181,038
  • Nov 5, 2009 8:11am Nov 5, 2009 8:11am
Quoting albchr
Yeah I hear ya. I've done some real damage to myself here as well. Mostly because I let one bad month (a really bad month) shake my faith in my method and I started searching around for another way.

At this point, I've kind of come full circle back to my original style but with some help from some good friends here to try and hone it in a bit more. Still working on the confidence for it but I think I'll be OK.

Just that I have a lot less to work with now... so I have further to go is all. I'm glad you're doing OK this week.

Oh,...
That's Psychological effect bro. Take some rest, shut down your computer, try to do something other than trading today and after come back and check what was wrong in your system.
Don't forget: Trading= Technicals + Money management + Psychology.
These are the base that i come back when i made a mistake.
No Signal, No Trade. No fundamenals, No headache.
  • #181,039
  • Nov 5, 2009 8:13am Nov 5, 2009 8:13am
Quoting albchr
Yep. Dollar ain't moving much (although trying a bit) but the pound is falling a bit now. I feel pretty good about the short although I should have waited just a "little" longer and got in higher...LOL
actually, u should wait higher and add more higher.. LOL...glad i add more..

BTW, this is my 999 posts.. Thanks for all people that give me some support, and taught me how to trade better. LOL.. my next post should be a new different me.. i suppose..
  • #181,040
  • Nov 5, 2009 8:18am Nov 5, 2009 8:18am
Quoting No Stress
My charts indicate to me that we'll go south. But don't add shorts before you are in positive. You can then add more than one lot. Up to you.
...chat plzz...
463 traders viewing now, 2 are registered:
Mitiblotch
,
lafemo