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Cable Update (GBPUSD)

  • #207,361
  • Mar 18, 2010 7:07am Mar 18, 2010 7:07am
took +53 and out before news
  • #207,362
  • Mar 18, 2010 7:09am Mar 18, 2010 7:09am
i just take a long at 1.5275 sl1.5251 tp 1.5315 (or may be less) based on TF 15mn and with indicator stoch(5,3,4)

looking also on TF 5 and 1mn
good pips for everyone
  • #207,363
  • Mar 18, 2010 7:10am Mar 18, 2010 7:10am
Quoting igorsky69
took +53 and out before news
That is never a bad idea mate, 50 pips is a nice little bit of profit that could be heavily reduced very suddenly with a news release.
  • #207,364
  • Mar 18, 2010 7:13am Mar 18, 2010 7:13am
lets take a quick guess...

CPI definately HIGHER
Unemployment DEFINATELY Lower
Current Account Definately more debt....

If it is like this, what do you think will happen. CPI and Unemployment great but that current account might blow us out the water???
@pawpaw1000 on Twitter
  • #207,365
  • Mar 18, 2010 7:13am Mar 18, 2010 7:13am
I am out, let's see what obamarama comes up with in 15 mins.
  • #207,366
  • Mar 18, 2010 7:15am Mar 18, 2010 7:15am
Quoting cloggie
Hmmm, my target is 5239

Got out before my target, not risking a crap news trade on the short term account.
  • #207,367
  • Mar 18, 2010 7:18am Mar 18, 2010 7:18am
Well, got a chocolate nesquick and am ready for the show

this should be good
@pawpaw1000 on Twitter
  • #207,368
  • Mar 18, 2010 7:18am Mar 18, 2010 7:18am
hi all

green all the way

sick like a dead bull the flow is killen me love my wife keep hiting the b;;;;;h on the head luck to all
  • #207,369
  • Mar 18, 2010 7:19am Mar 18, 2010 7:19am
anyone has acces to the news results before 8:30?
  • #207,370
  • Mar 18, 2010 7:19am Mar 18, 2010 7:19am
I'm out for the day... 57.4 pips ... good enough... cheers and Good Luck to All traders!
  • #207,371
  • Mar 18, 2010 7:21am Mar 18, 2010 7:21am
Quoting pawpaw1000
lets take a quick guess...

CPI definately HIGHER
Unemployment DEFINATELY Lower
Current Account Definately more debt....

If it is like this, what do you think will happen. CPI and Unemployment great but that current account might blow us out the water???
Its so hard to tell with the USD news though as well, often bad news sparks off buying of the USD, will just watch the PA with my finger on the close button!

I hope to be atleast 30 - 40 pips up then...well I hope so, so it will give me time to pull out with a bit of profit on the table...

Tense times...haha!

Although I had a heavy loss with that last little news spike so its not all fun and games to be honest...need to claw a bit back today...would like to atleast break even...although, that may be easier said than done...

That candle forming on the 15 looks like it is determined to burst my bubble about having any significant profit on the table in ten mins...
  • #207,372
  • Mar 18, 2010 7:21am Mar 18, 2010 7:21am
Quoting cesararr
anyone has acces to the news results before 8:30?


if we did, we'd be billionaires!!!
@pawpaw1000 on Twitter
  • #207,373
  • Mar 18, 2010 7:21am Mar 18, 2010 7:21am
Break below 1.5240 would clear the way down through 1.5150...
Attached Image
Hear the music before the song is over ...
  • #207,374
  • Mar 18, 2010 7:23am Mar 18, 2010 7:23am
Quoting cesararr
anyone has acces to the news results before 5:30?
Dude.. not 100% but about 98%... generally there is correlation between news announcements... you've just got to find out what the equations are..

What I mean is you need to use the other economic news to judge where the current ones are going to go.

For example

If Construction is Up = likely to have increased GDP = likely to have increased inflation = likely to have increased interest rate = good for currency.

Why? because when construction is up... people buy more carpets, cupboards etc which increases manufacturing.. keeps jobs employed.. demand goes up for products so GDP increases... prices increase = inflation goes up... interest rates will go up if inflation is excessive to control it therefore good for currency...

Just gotta listen in and work out what works. Hope it helps.

Cheers,
R
  • #207,375
  • Mar 18, 2010 7:24am Mar 18, 2010 7:24am
Quoting antic81
Its so hard to tell with the USD news though as well, often bad news sparks off buying of the USD, will just watch the PA with my finger on the close button!

I hope to be atleast 30 - 40 pips up then...well I hope so, so it will give me time to pull out with a bit of profit on the table...

Tense times...haha!

Although I had a heavy loss with that last little news spike so its not all fun and games to be honest...need to claw a bit back today...would like to atleast break even...although, that may be easier said than done...

That candle forming...
mmm... dont wanna say anything but looks on my chart like the price is eating your profits brother? Dont worry though, the news is gonna ride in like zorro and save you
@pawpaw1000 on Twitter
  • #207,376
  • Mar 18, 2010 7:24am Mar 18, 2010 7:24am
Quoting pawpaw1000


if we did, we'd be billionaires!!!
means 8:30 has the result in forexfactory.com but as i know we can get results at 8:28 or so, from live broadcasting. im wrong?

thanks.
  • #207,377
  • Mar 18, 2010 7:24am Mar 18, 2010 7:24am
Quoting egkid
Hey look who's BACK
Welcome back bro
Where have u been all that time?! Unfortunately couldn't even PM you,
U stop that option on ur profile :-(
Hello guys just back from my work early today

GM r u there? Seems u missed my Post to you
  • #207,378
  • Mar 18, 2010 7:25am Mar 18, 2010 7:25am
Crap...

There goes the hope of even being up at all with the news release!
  • #207,379
  • Mar 18, 2010 7:26am Mar 18, 2010 7:26am
Quoting cesararr
means 8:30 has the result in forexfactory.com but as i know we can get results at 8:28 or so, from live broadcasting. im wrong?

thanks.
dunno...

maybe if you're lucky but dont think soo
@pawpaw1000 on Twitter
  • #207,380
  • Mar 18, 2010 7:27am Mar 18, 2010 7:27am
Quoting RChio
Dude.. not 100% but about 98%... generally there is correlation between news announcements... you've just got to find out what the equations are..

What I mean is you need to use the other economic news to judge where the current ones are going to go.

For example

If Construction is Up = likely to have increased GDP = likely to have increased inflation = likely to have increased interest rate = good for currency.

Why? because when construction is up... people buy more carpets, cupboards etc which increases manufacturing.. keeps jobs employed.....
thanks , your information is very valuable .

thanks.
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