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Cable Update (GBPUSD)

  • #186,081
  • Dec 4, 2009 12:57pm Dec 4, 2009 12:57pm
any takes on gu or gj any1? cheers.
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
  • #186,082
  • Dec 4, 2009 12:58pm Dec 4, 2009 12:58pm
Quoting Qu|cksilver
Hi,
Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?
it may-lol
FF = Forex Faggots
  • #186,083
  • Dec 4, 2009 12:58pm Dec 4, 2009 12:58pm
Quoting Pip26
I am holding short GU @ 1.6595 looking for 1.6400
I'm holding short GU @ 1.6637...
very nice end of the week

Will anybody be holding open position till monday?
  • #186,084
  • Dec 4, 2009 1:00pm Dec 4, 2009 1:00pm
Too easy...Didn't expect much more on the day, 2 final plays on just ops alone.

tee hee hee....

Triggers on 24SMA, exit on stall.
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #186,085
  • Dec 4, 2009 1:05pm Dec 4, 2009 1:05pm
Quoting Pip26
I am holding short GU @ 1.6595 looking for 1.6400
6475 broke...
should be no problem for price to touch 6405....
  • #186,086
  • Dec 4, 2009 1:08pm Dec 4, 2009 1:08pm
Quoting Wharfe
I got a big short in at 16633, I think I am going to try and hold this one for a long time.........

/pray
Well I closed half the position off during the bounce this afternoon, but I kept half going and closed it now at 16454

well happy
  • #186,087
  • Dec 4, 2009 1:27pm Dec 4, 2009 1:27pm
  •  melba
  • | Joined Nov 2009 | Status: ...just surfing the wave... | 97 Posts
Quoting melba
looks like it's going south ! ...tooot tooot.....vamos a la playa
hit the target!.....coooool .....+77pips......love it .......good luck and nice w-end to every one .....
  • #186,088
  • Dec 4, 2009 2:00pm Dec 4, 2009 2:00pm
Hey all .. finally found a trade! Shorted 6610 on a pullback after the news, still holding.

Loved today. Euro shredded a large uptrend support line, going to be planning a big short in that one.

Take care and see most of you more often in the new year.
  • #186,089
  • Dec 4, 2009 2:01pm Dec 4, 2009 2:01pm
Quoting jack.canadia
Hey all .. finally found a trade! Shorted 6610 on a pullback after the news, still holding.

Loved today. Euro shredded a large uptrend support line, going to be planning a big short in that one.

Take care and see most of you more often in the new year.
Best o the season to ya Jack!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #186,090
  • Dec 4, 2009 2:25pm Dec 4, 2009 2:25pm
Quoting jack.canadia
Hey all .. finally found a trade! Shorted 6610 on a pullback after the news, still holding.

Loved today. Euro shredded a large uptrend support line, going to be planning a big short in that one.

Take care and see most of you more often in the new year.
Have a great Christmas & new year bro. All the best to you and the rest of the guys here as well.
You've got to be IN IT to WIN IT!
  • #186,091
  • Dec 4, 2009 2:29pm Dec 4, 2009 2:29pm
Now that's the movement I've been waiting for

http://www.mohaz.net/images/nfp.jpg

Good night all, see in monday. BTW, put a buy on E/U at 1.4833 , Kaaa-cingggg!
Trade what you see. Write what you feel
  • #186,092
  • Dec 4, 2009 5:37pm Dec 4, 2009 5:37pm
HI
I need advise on entry GU at very little drawdown.Any suggestions?
Newby
  • #186,093
  • Dec 4, 2009 10:04pm Dec 4, 2009 10:04pm
There was a string of OK news out of the US today.. Favoring USD longs, however, Dollar has been on a strong trend down.
Jobs are not being created, YET. There are a slew of other things that need to come into play here in the US to consider this a major reversal.

I think these shorts on Cable, Fibre, Etc are WAY oversold.. Right now.
Further analysis on Sunday. There WILL be retracement, creating estimates through charting and fundies is all we can do.
G/L all!

First learn about what happened today and why. Then consider yourself lucky for not blowing your account on News. Look at the PA, study the long term charts, support and resistance and how it works first.

Do not just enter the market on someone else's call. You always need your own. If you know all this already then please forgive me!!

Quoting bonus76
HI
I need advise on entry GU at very little drawdown.Any suggestions?
Newby
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #186,094
  • Dec 5, 2009 6:20am Dec 5, 2009 6:20am
If monday Stocks up on good NFP then usd down
  • #186,095
  • Dec 5, 2009 7:08am Dec 5, 2009 7:08am
where is she ya?

Detail GU n GY view as per my blog at below signature...Have a good weekend.
  • #186,096
  • Dec 5, 2009 4:47pm Dec 5, 2009 4:47pm
the way it is now GPBUSD going to 1.293x ... of course not tomorrow
maybe next year


careful with the longs guys, place your stop losses
When life gives you lemons, make lemonade
  • #186,097
  • Dec 5, 2009 11:22pm Dec 5, 2009 11:22pm
LOL
  • #186,098
  • Dec 6, 2009 3:30am Dec 6, 2009 3:30am
Quoting bonus76
HI
I need advise on entry GU at very little drawdown.Any suggestions?
Newby

Sell GU probably by Monday or Tuesday around 1.6528-1.6592. Be prepared to hold it, so use a smaller trade size so your draw down is less. Look for a 1,000 + pips within the next month.

I'm keeping 200 pip stop. until I get over 300 in profit. then maybe bring to break even. start taking profits 1.55's to 1.45's.

EU same deal probably. Forget the new highs IMO, look for a sell around 1.4948 and hold onto it for sometime. 1,000 pip TP around 1.3917. Keep a 200 pip SL initially and let the profits ride.

Disclaimer: Good luck and learn to trade for yourself. If this advice fails you don't complain. But IMO we should see some huge drops in EU and GU ; )
  • #186,099
  • Dec 6, 2009 5:32am Dec 6, 2009 5:32am
I closed My Trades very early just +322 pip,
GU Sell 1.6646
EU Sell 1.5130
EU Sell 1.5081
USDCHF Buy 1.0000

If I wait to the end of day it can be over 1000 pip
  • #186,100
  • Dec 6, 2009 5:33am Dec 6, 2009 5:33am
Now I'm in long trade EU @1.4889.
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