happy for u bro keep the good work
I still learning.
Cable Update (GBPUSD)
- #191,603
- Jan 8, 2010 5:22am Jan 8, 2010 5:22am
I'm out all of my long at 6026, now staying aside and thinking of going short. Look at 1h chart with ichimoku, the price is at resistance. If GU down to below 1.6000 tenkan will cut kijun from above-> perfect signal for short. Besides, upcoming NFP might strengthen USD. So be cautious if you still hold long imo. Good luck to all 
- #191,605
- Edited 5:36am Jan 8, 2010 5:33am | Edited 5:36am
Hey Tonka,
I'm short with you as well... as far as I can see with all the lead up conversations and news in the past 48 hours or so looks like the number for NFP will be good for the dollar. I could be wrong though... just my thoughts..
The jump in the cable a couple of hours ago didn't make sense in regards to timing... gee I wonder whether the big boys are setting it up for a massive short when the NFP comes out...
I too am short....
Sounds like a conspiracy theory to me but the shoot up in the cable 2 hrs before the news is too weird and still doesn't make sense to me... been researching all over for the past couple of hours... Two theories... 1) someone leaked the news 2hrs before PPI news or 2) Big boys make money on the way up for a mad setup for a huge profitable short....
The last thought would be I'm totally wrong... but everything says to short... still doesn't make sense the timing of the bull run??
Ideas anyone??
Cheers,
R
I'm short with you as well... as far as I can see with all the lead up conversations and news in the past 48 hours or so looks like the number for NFP will be good for the dollar. I could be wrong though... just my thoughts..
The jump in the cable a couple of hours ago didn't make sense in regards to timing... gee I wonder whether the big boys are setting it up for a massive short when the NFP comes out...
I too am short....
Sounds like a conspiracy theory to me but the shoot up in the cable 2 hrs before the news is too weird and still doesn't make sense to me... been researching all over for the past couple of hours... Two theories... 1) someone leaked the news 2hrs before PPI news or 2) Big boys make money on the way up for a mad setup for a huge profitable short....
The last thought would be I'm totally wrong... but everything says to short... still doesn't make sense the timing of the bull run??
Ideas anyone??
Cheers,
R
- #191,606
- Jan 8, 2010 5:33am Jan 8, 2010 5:33am
Hey guys!
What you think it happened when the big news come out!
i m short now!
- #191,607
- Jan 8, 2010 5:34am Jan 8, 2010 5:34am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
Who am I bro to run your SL?
I just need to understand you way of trading.
when I entered Long @1.5870 I put my SL @ 1.56 & TP @1.67
but the PA forced me to close it @ 1.6080 and missed the way to 1.623
and my view went right. yesterday we hit 1.5895 and loaded longs again and exited it @1.5980 today.
so instead of waiting with no pips, I made some nice pips.
So I'm trying to understand your way. did you make any pips since opening your pos @1.595?
I see...
ok...seriously now...since I was busy off-line...I couldn't monitor the markets more closely so I ignored the finer swings and concentrated only on the top layer moves i.e. LT macro movesTo answer your question breach of previous swing lows though would be a good candidate for SLs but again it depends on momentum as well...
Hear the music before the song is over ...
- #191,608
- Jan 8, 2010 5:35am Jan 8, 2010 5:35am
I'm out all of my long at 6026, now staying aside and thinking of going short. Look at 1h chart with ichimoku, the price is at resistance. If GU down to below 1.6000 tenkan will cut kijun from above-> perfect signal for short. Besides, upcoming NFP might strengthen USD. So be cautious if you still hold long imo. Good luck to all
- #191,611
- Jan 8, 2010 5:39am Jan 8, 2010 5:39am
- Joined Oct 2009 | Status: Trader | 1,342 Posts
I see...
To answer your question breach of previous swing lows though would be a good candidate for SLs but again it depends on momentum as well...
I got your point clearly.
- #191,615
- Jan 8, 2010 5:48am Jan 8, 2010 5:48am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Alright....Cable is soaring pre-NFP
As expected, bears didn't have the guts to push through base -- yet again!
I Will Continue To Carry My Long Position Set @ 1.5955
I is sharing the same ride with you here brother
Thank You 
- #191,616
- Jan 8, 2010 5:49am Jan 8, 2010 5:49am
The GU is trying to break support but still has not been successful
My expectation it will drop to 1.5980 b4 the NFP is released
- #191,620
- Jan 8, 2010 6:07am Jan 8, 2010 6:07am
- Joined Mar 2008 | Status: Taking Care Of Business | 5,587 Posts
I is sharing the same ride with you here brother
yo bro...waz up town?...LOL
btw what happened to your grammar "I is..." ...
...didn't I tell you not to party too hard...Hmmm...didn't I?
first your avatar and now this...
Hear the music before the song is over ...