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Cable Update (GBPUSD)

  • #207,601
  • Mar 18, 2010 12:08pm Mar 18, 2010 12:08pm
looks like going back up to the daily pp
  • #207,602
  • Mar 18, 2010 12:11pm Mar 18, 2010 12:11pm
okay bears time to go home. shows over lol
what a drab. see you girls tomorrow
Thank You
  • #207,603
  • Mar 18, 2010 12:15pm Mar 18, 2010 12:15pm
Quoting PipMaxzz
Thanks! I guess I will trust my judgement and keep my long...SL moved to BE at 1.5220, TP 1.5270. Win I get 50 pips...loose I learn something
I am out...I made my 50 pips. Learnt a few tips.
1) If 95% are losing even after all the analysis (like I blew up my account a few times religiously following the chart, indicators), try trading reverse. If my analysis says 'buy' I go and 'sell'
2) In any trade, the first milestone is moving the SL to BE. Then enjoy the free pips
3) Lot to learn from the traders in this forum
  • #207,604
  • Mar 18, 2010 12:16pm Mar 18, 2010 12:16pm
Quoting cloggie
Short 52483 SL 52795 initial target, when I get bored or 5216 whatever comes first.
that break was heavily unexpected!
@pawpaw1000 on Twitter
  • #207,605
  • Mar 18, 2010 12:18pm Mar 18, 2010 12:18pm
Quoting pawpaw1000
that break was heavily unexpected!
Yeah,,,, but i loved it,,,, done for the day ,,, off to have a nice glass of Merlot ... I think i deserve it today,,, nite nite all.. happy pipping
  • #207,606
  • Mar 18, 2010 12:19pm Mar 18, 2010 12:19pm
Quoting PipMaxzz
I am out...I made my 50 pips. Learnt a few tips.
1) If 95% are losing even after all the analysis (like I blew up my account a few times religiously following the chart, indicators), try trading reverse. If my analysis says 'buy' I go and 'sell'
2) In any trade, the first milestone is moving the SL to BE. Then enjoy the free pips
3) Lot to learn from the traders in this forum
well done brother...

even though you were the only one, you made your 50 pips like you said! Nice!

enjoy your evening, looks like you've earned it!
@pawpaw1000 on Twitter
  • #207,607
  • Mar 18, 2010 12:21pm Mar 18, 2010 12:21pm
Quoting pawpaw1000
well done brother...

even though you were the only one, you made your 50 pips like you said! Nice!

enjoy your evening, looks like you've earned it!
Thanks bro! It is early morning here. I will open a sell stop at 1.5300, SL 30, TP 50.... GU is good to me today
  • #207,608
  • Mar 18, 2010 12:21pm Mar 18, 2010 12:21pm
wonder if I should open a small short tonight and add 2moro? mmm... maybe too much upside risk?

will think about it.
@pawpaw1000 on Twitter
  • #207,609
  • Mar 18, 2010 12:23pm Mar 18, 2010 12:23pm
Quoting pawpaw1000
that break was heavily unexpected!
SL was not hit, my trade is still open, but yes that was unexpected. Guess quite a few traders took advantage of that resistance.
  • #207,610
  • Mar 18, 2010 12:26pm Mar 18, 2010 12:26pm
This puppy is ranging. Nothing good for me right now. Waiting for a signal to go long.
  • #207,611
  • Mar 18, 2010 12:49pm Mar 18, 2010 12:49pm
read room


3/18/2010 12:50:20 PM
BOE SENTANCE SPEECH
Fiscal Tightening Can Be Offset.
BOE SENTANCE SPEECH: Fiscal Tightening Can Be Offset By Loose MonPol
--BOE Sentance: Monetary Policy Needs to Factor in Deficit Reduction
--BOE Sentance: Likely Gradual Stimulus Withdrawal as Econ Recovers
--BOE Sentance: Current Monetary Policy Set to Counter Recession
--BOE Sentance: Very Encouraging Global Econ Rebounded Strongly
--BOE Sentance: World Econ Recovery Continued into Early 2010
--BOE Sentance: UK Economy Benefiting from World Trade Revival
--BOE Sentance: Risk of Upward Price Pressure from Oil Commodities
--BOE Sentance: Cannot Rule Out New Shocks Hitting Recovery
------------------------------------------------------------------------
Fiscal tightening can be offset by loose monetary policy BOE MPC
Member Andrew Sentance said. He stressed the need for a credible long
term deficit reduction plan and made it clear that if the government
does press ahead with deficit reduction monetary policy would be looser
than it would otherwise be.
  • #207,612
  • Mar 18, 2010 12:58pm Mar 18, 2010 12:58pm
Quoting gammase1

Over a period of time, however, our models do perform, which can be seen on our site, which publishes everything we do in real-time.

Good luck
Excellent. I wish you success with your free signals website.
  • #207,613
  • Mar 18, 2010 1:51pm Mar 18, 2010 1:51pm
darn the room is tooooooooo boring we need action in here

its time for crackforex
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  • #207,614
  • Mar 18, 2010 1:54pm Mar 18, 2010 1:54pm
Quoting kill56
darn the room is tooooooooo boring we need action in here

its time for crackforex

I still got my short on, slowly getting to target. I may get bored with it before it gets there though. Am knackered long day bloody scalping because this thing has been ranging. Dinner is now getting cold because I am expecting a breakout to the bottom here, at least back to the daily low.
  • #207,615
  • Mar 18, 2010 1:59pm Mar 18, 2010 1:59pm
i see why we have a lot of longs in the room
Attached Image
  • #207,616
  • Mar 18, 2010 2:04pm Mar 18, 2010 2:04pm
Quoting cloggie
I still got my short on, slowly getting to target. I may get bored with it before it gets there though. Am knackered long day bloody scalping because this thing has been ranging. Dinner is now getting cold because I am expecting a breakout to the bottom here, at least back to the daily low.
eat u dinner take u time we are geting there slowly but surely enjoy its a nice rang scalp
  • #207,617
  • Mar 18, 2010 2:04pm Mar 18, 2010 2:04pm
Just got my sorry arse out of bed... did I miss anything Still sitting pretty and the m15 chart looks nice. Anyone think it is still going to 15400+? I cashed in a couple of positions when I got back from work early, to make my day a feel better because I don't, but still holding on to a couple for the trip down. Next stop 15170, maybe pick up a couple of passengers along the way, depending how I feel.

My m15 chart says that we're running along the parallel trendlines formed at yesterday's UK unemployment claims, so there is potential upside still, but have we said goodbye to 15300?
  • #207,618
  • Mar 18, 2010 2:07pm Mar 18, 2010 2:07pm
Quoting kill56
eat u dinner take u time we are geting there slowly but surely enjoy its a nice rang scalp
50 pip range scalp is nice, still can make 25 on the way down
  • #207,619
  • Mar 18, 2010 2:09pm Mar 18, 2010 2:09pm
Quoting bbakker
Just got my sorry arse out of bed... did I miss anything Still sitting pretty and the m15 chart looks nice. Anyone think it is still going to 15400+? I cashed in a couple of positions when I got back from work early, to make my day a feel better because I don't, but still holding on to a couple for the trip down. Next stop 15170, maybe pick up a couple of passengers along the way, depending how I feel.

My m15 chart says that we're running along the parallel trendlines formed at yesterday's UK unemployment claims, so there is potential upside...
Yeah, I have had a short on for two hours now, went against me for a bit did not reach my SL so I loaded her up averaging 52658 holding on for 5216 or until I get bored with the darn thing. Pawpaw was with me on this one for a while but he chickened out I guess.
  • #207,620
  • Mar 18, 2010 2:12pm Mar 18, 2010 2:12pm
Quoting bbakker
50 pip range scalp is nice, still can make 25 on the way down
Nah. Better of doing it from the top of the range with a tight SL. I'll wait and have my dinner.
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