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Cable Update (GBPUSD)

  • #202,521
  • Mar 1, 2010 6:32am Mar 1, 2010 6:32am
B T are u allright bro

dam went out it was 15080 wow
  • #202,522
  • Mar 1, 2010 6:32am Mar 1, 2010 6:32am
Quoting handipips
what your getting ready to witness this week is gonna blow your mind, where looking at 1.4000 or lower if price hold, good luck to all.
Assuming it will come true, after USD news, a probabiliy spikes maybe at 1.4905 or 1.4985 or 1.5042 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #202,523
  • Mar 1, 2010 6:35am Mar 1, 2010 6:35am
Quoting kill56
are u ok bro no damge
The 1st short at BE, but 3 another shorts surrounding DP 1.6159 blown my account by 36% bro !

Btw what next ? Currently she stays at 61.8 % fibo 1.3500/1.7041 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #202,524
  • Mar 1, 2010 6:37am Mar 1, 2010 6:37am
Quoting manize
Assuming it will come true, after USD news, a probabiliy spikes maybe at 1.4905 or 1.4985 or 1.5042 !

4905 hit
  • #202,525
  • Mar 1, 2010 6:37am Mar 1, 2010 6:37am
Quoting kill56
B T are u allright bro

dam went out it was 15080 wow
Very Good Bro,
All cards are in play.
Accept the loss is one of the important Rules.
  • #202,526
  • Mar 1, 2010 6:38am Mar 1, 2010 6:38am
w0w...never seen this many folk watching the Cable thread before, 80-100...sure, but w0w.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #202,527
  • Mar 1, 2010 6:40am Mar 1, 2010 6:40am
.
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  • #202,528
  • Mar 1, 2010 6:40am Mar 1, 2010 6:40am
Quoting Magix
w0w...never seen this many folk watching the Cable thread before, 80-100...sure, but w0w.
Plus me..haha
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #202,529
  • Mar 1, 2010 6:40am Mar 1, 2010 6:40am
Quoting manize
Assuming it will come true, after USD news, a probabiliy spikes maybe at 1.4905 or 1.4985 or 1.5042 !
remember these words, if at 5pm close price is above 1.4920 then where going up, if it close below then where heading down in the early 1.4000. price action my friend. good luck to all
  • #202,530
  • Mar 1, 2010 6:47am Mar 1, 2010 6:47am
whats up with her??? i just go home and see this...,
I will be the number one Manager.
  • #202,531
  • Edited 7:11am Mar 1, 2010 6:48am | Edited 7:11am
Quoting nek17
4905 hit
Wait USD news, the habit within last 2 weeks --> may bring GU goes up, up to where I don't know. Levels above just only an assumption that the down pressure is still prevail, may wrong ! Currently hold long is a good choice untill USD news over --> need reconsider then !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #202,532
  • Mar 1, 2010 6:49am Mar 1, 2010 6:49am
Quoting Magix
w0w...never seen this many folk watching the Cable thread before, 80-100...sure, but w0w.
True.... And the sad fact is that the vast majority would've been long when the pair collapsed earlier.
  • #202,533
  • Mar 1, 2010 6:50am Mar 1, 2010 6:50am
when you see a drop this hard, most of the time there was more people holding longs then shorts, so more people got hurt by this move, thats including big traders
  • #202,534
  • Mar 1, 2010 6:52am Mar 1, 2010 6:52am
Quoting handipips
when you see a drop this hard, most of the time there was more people holding longs then shorts, so more people got hurt by this move, thats including big traders
But as a percentage of traders, far more from this board than was necessary would've got badly burnt, no doubt there.
  • #202,535
  • Mar 1, 2010 6:54am Mar 1, 2010 6:54am
Quoting gammase1
But as a percentage of traders, far more from this board than was necessary would've got badly burnt, no doubt there.
  • #202,536
  • Mar 1, 2010 6:59am Mar 1, 2010 6:59am
magix are u ok

thats waht happend to the cable
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  • #202,537
  • Mar 1, 2010 6:59am Mar 1, 2010 6:59am
Quoting handipips
when you see a drop this hard, most of the time there was more people holding longs then shorts, so more people got hurt by this move, thats including big traders
So sorry to whom who got loss !

However the Daily Pivot 07.00 AM GMT+7 never cheat to guide the strong trend vs H1/H4 close/open sofar !
Attached Image (click to enlarge)
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I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #202,538
  • Mar 1, 2010 6:59am Mar 1, 2010 6:59am
emmm...BTW does some one here got 1.4778 or lower with his broker??? just to make sure...,mine is 1.4780.., ECN broker maybe,..you have different price for the lowest for this day?
I will be the number one Manager.
  • #202,539
  • Mar 1, 2010 7:00am Mar 1, 2010 7:00am
a few dealing desks telling me that a UK clearer was responsible for the move lower
  • #202,540
  • Mar 1, 2010 7:02am Mar 1, 2010 7:02am
Quoting fourxtrader
Perhaps everyone is in the infirmary receiving counseling after
opening long positions on Friday trusting the reckless and
irresponsible charting skills of one who projected a GAP UP.

LOL

Dr. D.
Reckless charting...there were a lot of projections made based on a bullish buy from Friday, and a lot seemed reasonable.
I don't recall anybody posting a 400 pip slide, so, can conclusively say we that pretty much nobody had an idea that we would see this kind of move.

This is where a Plan B is very important.

If Plan A swings against you, look for Plan B. Trade your charts and when in doubt, sit it out.

I don't weekend hold, I don't see any good reason to do this. There is always another play, and patience is the key to performance.

I am glad that we are coming together as a group a little more and encourage more learning than forecasting. Being able to trade with off of your own charts will be the only longevity any of us could reasonably hope for.

M
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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