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Cable Update (GBPUSD)

  • #209,601
  • Mar 24, 2010 7:28am Mar 24, 2010 7:28am
Quoting cloggie
CNBC/BBC

I am scalping some of the short runs here before the news as long as she stays below 49659 15-20 pips at a time
I'm with cnbc/squak box. so far my short is 10 pips in the clear. do you think the news from us and britain will be with any "suprises"?
  • #209,602
  • Mar 24, 2010 7:30am Mar 24, 2010 7:30am
Quoting Ineedpips9
I'm with cnbc/squak box. so far my short is 10 pips in the clear. do you think the news from us and britain will be with any "suprises"?

I expect new home sales to be down, all homebuilders were down in the last few weeks on NYSE, budget will be just a political excersise

Durable goods up, good news for dollar. Fibre may go down further, not sure if the good news of the eurozone has any effect after Fitch downgraded Portugal.
  • #209,603
  • Mar 24, 2010 7:32am Mar 24, 2010 7:32am
will
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  • #209,604
  • Mar 24, 2010 7:33am Mar 24, 2010 7:33am
lock it in...... let the natrual juices flow

http://www.forexfactory.com/showpost...stcount=209558
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #209,605
  • Mar 24, 2010 7:33am Mar 24, 2010 7:33am
Darling is up
  • #209,606
  • Mar 24, 2010 7:34am Mar 24, 2010 7:34am
UK borrowing lower, we knew that, give us something new.

Edit: he is spending....
  • #209,607
  • Mar 24, 2010 7:36am Mar 24, 2010 7:36am
just closed my short for 21 pips. not as much action as I thought, but 21 is pretty good for 30 minutes work for me.
  • #209,608
  • Edited 7:42am Mar 24, 2010 7:40am | Edited 7:42am
Quoting cloggie
UK borrowing lower, we knew that, give us something new.

Edit: he is spending....
They don't know anything else but! Bye bye Sterling!
Edit: Darling just has bum fluff for a budget
  • #209,609
  • Mar 24, 2010 7:41am Mar 24, 2010 7:41am
hey longs watch it
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  • #209,610
  • Mar 24, 2010 7:41am Mar 24, 2010 7:41am
what to do,,, what to do???
@pawpaw1000 on Twitter
  • #209,611
  • Mar 24, 2010 7:42am Mar 24, 2010 7:42am
Kaboom!
and today I am the dead meat
Thank You
  • #209,612
  • Mar 24, 2010 7:44am Mar 24, 2010 7:44am
Quoting Nene
Big news leak
Nah mate, basically everyone knows from general media what this budget was all about.

So the price just before the news had the budget sentiment (negative) already priced in.

Well atleast most of it....

Cheers,
R
  • #209,613
  • Mar 24, 2010 7:44am Mar 24, 2010 7:44am
Quoting wormboy
Kaboom!
and today I am the dead meat
It happens. You can't get everything right all of the time.
  • #209,614
  • Mar 24, 2010 7:44am Mar 24, 2010 7:44am
Quoting pawpaw1000
what to do,,, what to do???
Got my finger burnt earlier this morning,,, playing very carefully now
  • #209,615
  • Mar 24, 2010 7:44am Mar 24, 2010 7:44am
Quoting pawpaw1000
what to do,,, what to do???

Trade your plan, look for a setup and enter a trade, don't jump in because you are tempted...

I am flat Cable, got out with good money and there is no entry that meets my plan right now, even if she drops 50 pips I will not enter.

Am shorting Fibre instead...
  • #209,616
  • Mar 24, 2010 7:45am Mar 24, 2010 7:45am
Quoting Nene
Big news leak
yeah i had gone for a leak too

anyways its 4780 or below

daily chart trend with break of 4975 major daily support
  • #209,617
  • Mar 24, 2010 7:45am Mar 24, 2010 7:45am
Quoting wormboy
Kaboom!
and today I am the dead meat
close ur long ?
  • #209,618
  • Mar 24, 2010 7:46am Mar 24, 2010 7:46am
nice and clean out waitng i do love green
  • #209,619
  • Mar 24, 2010 7:46am Mar 24, 2010 7:46am
I've had a bad trade day and will most likely take the week off but did enter a small Long trade @ 1.49082 with an out look of 1.51 ... will adjust as time goes by.

May be this is something right I did... I adjusted the S/L to break even so no risk of losing except any current profits.
  • #209,620
  • Mar 24, 2010 7:47am Mar 24, 2010 7:47am
Quoting bbakker
It happens. You can't get everything right all of the time.
lol yea .. preparing for bear party now.
Thank You
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