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Cable Update (GBPUSD)

  • #201,721
  • Feb 24, 2010 7:49pm Feb 24, 2010 7:49pm
I really hope that wasnt it...seems to be running out of steam again, or perhaps Im just losing my patience...
  • #201,722
  • Feb 24, 2010 7:52pm Feb 24, 2010 7:52pm
Quoting antic81
I really hope that wasnt it...seems to be running out of steam again, or perhaps Im just losing my patience...
Yer losing your patience...

There is no real reason to dip this hard at this time of day, keep in mind, the yanks haven't had a chance to short this range yet.

I still see more on the table, but plays em as you sees em.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #201,723
  • Edited 8:27pm Feb 24, 2010 8:15pm | Edited 8:27pm
Morning all. Just woke up and see that exactly spike at 1.5470, no hit my SL 1.5480, thanks God. I've got pass to be a long term trader now ! . DP today 07.00 am GMT + 7 is 1.5424, S1 1.5374, stay below S1 goes more down, stay above reversed up. I hope still go down ! Happy trading all !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #201,724
  • Feb 24, 2010 8:19pm Feb 24, 2010 8:19pm
Quoting manize
Morning all. Just woke up and see that exactly spikes at 1.5470, no hit my SL 1.5480, thanks God. I've got pass to be a long term trader now !
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #201,725
  • Feb 24, 2010 8:20pm Feb 24, 2010 8:20pm
I have small long from 1.5365 with tight SL unless 1.5345 break only then will I short.
  • #201,726
  • Feb 24, 2010 8:28pm Feb 24, 2010 8:28pm
Bring on the rain!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #201,727
  • Feb 24, 2010 8:59pm Feb 24, 2010 8:59pm
Meh...It all adds up..
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #201,728
  • Feb 24, 2010 9:10pm Feb 24, 2010 9:10pm
Quoting antic81
Well I decided the hell with it!

I moved my stop up to break even plus 3 so the trade is safe now, and let it role over...been in on this one since 1 am UK time! Barely moved all day!

I went to gym half expecting to be stopped out as I left just as all the fun started with Bernanke and the NHS news coming out and thought well one way or another its going to move now, and it didnt really!

Looking to hopefully re-test the low of 1.5345 or there abouts with any luck!
If that goes well then...I will be a happy man!

Although I am playing with baby...
Excellent choice!
And you were gonna sweat over little rollovers hehe. Greed pays! Welp.. in your case actually fear would've too
Win-win situation is always the best position to be in!

Top of the morning to all the bears! and bulls! lol
Woke up to a nice drop on cable & dragon. Best way to start a day is to wake up to a pocket full of dosh if you ask me, breakfast of champions!
Okay good luck everyone
Thank You
  • #201,729
  • Feb 24, 2010 9:25pm Feb 24, 2010 9:25pm
Quoting big_pipin
Why is everything moving so soon before frank/london open? is it because of NZD news that just came out?. I assume so.
I have found that GbpUsd moves in time cycles......skipping a market open in the middle.

It was evident that it would move during Asian as we have had no movement for about 24 hours. My guess from here is a range during London and a move during NY, With Friday's move being during the London Session.

This does not always play out this way, but more times than not, I have found it is a pretty good predictor on when to catch the runs.
"Keep your eyes on the helpers" - Mr. Rogers
  • #201,730
  • Feb 24, 2010 9:28pm Feb 24, 2010 9:28pm
BTW...how about some more trading music...I am about done, but I still really like trading Asian when it is in the cycle to move, it is just so predictable...one of the only times I don't scalp. I think there is a trade or 2 left before bed though... LOL

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"Keep your eyes on the helpers" - Mr. Rogers
  • #201,731
  • Feb 24, 2010 9:35pm Feb 24, 2010 9:35pm
The pound simply couldn't make it today.

The pivot was too much.

Today's Asian session sell was text book.

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  • #201,732
  • Feb 24, 2010 9:36pm Feb 24, 2010 9:36pm
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"Keep your eyes on the helpers" - Mr. Rogers
  • #201,733
  • Feb 24, 2010 9:38pm Feb 24, 2010 9:38pm
hello again guys... take the profit and lets go
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My English its not very well, be patient
  • #201,734
  • Feb 24, 2010 9:43pm Feb 24, 2010 9:43pm
something i observed while scrolling through the charts.
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  • #201,735
  • Feb 24, 2010 9:46pm Feb 24, 2010 9:46pm
Quoting whinos
hello again guys... take the profit and lets go
Hey whinos..good to see you again
"Keep your eyes on the helpers" - Mr. Rogers
  • #201,736
  • Feb 24, 2010 9:48pm Feb 24, 2010 9:48pm
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"Keep your eyes on the helpers" - Mr. Rogers
  • #201,737
  • Feb 24, 2010 9:57pm Feb 24, 2010 9:57pm
So..are we looking at a double bottom here? I really was not impressed with Monday's down move. I thought it was considerably weak and did not give us a lower low. My thought is that if it is going to go lower, it will have to run back up and try again with more sell orders.

Who cares....I scalp anyway..just didn't want you all to think all I do is post music ... LOL

JMHO, but trade your charts and green pips to all
"Keep your eyes on the helpers" - Mr. Rogers
  • #201,738
  • Feb 24, 2010 9:59pm Feb 24, 2010 9:59pm
Kind of got the Graham Coxon thing on tonight... LOL

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"Keep your eyes on the helpers" - Mr. Rogers
  • #201,739
  • Feb 24, 2010 10:14pm Feb 24, 2010 10:14pm
Quoting damonl
So..are we looking at a double bottom here? I really was not impressed with Monday's down move. I thought it was considerably weak and did not give us a lower low. My thought is that if it is going to go lower, it will have to run back up and try again with more sell orders.

Who cares....I scalp anyway..just didn't want you all to think all I do is post music ... LOL

JMHO, but trade your charts and green pips to all
The double bottom is irrelevant. Check the trade sessions where we bottomed and see who has had a chance to play this area.

We are not done yet.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #201,740
  • Feb 24, 2010 10:17pm Feb 24, 2010 10:17pm
Quoting Magix
The double bottom is irrelevant. Check the trade sessions where we bottomed and see who has had a chance to play this area.

We are not done yet.
Yeah..it was too early anyway to talk about a double bottom really...I am just really bored.... LOL

On a good note...I might as well stay trading
"Keep your eyes on the helpers" - Mr. Rogers
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