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Cable Update (GBPUSD)

  • #210,041
  • Mar 25, 2010 7:21am Mar 25, 2010 7:21am
Quoting samdani786
h1 chart
Should go down
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 21 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #210,042
  • Mar 25, 2010 7:22am Mar 25, 2010 7:22am
Quoting antic81
Still hanging onto my long, was in at 4961, stop 4920 TP around the 5000 area depending on the PA at that level, with the potential of 5040...all looking rather fanciful at the moment I'm afraid...got news to make or break me I guess.

If I am still around in 12 mins...

Stopped out.
  • #210,043
  • Mar 25, 2010 7:22am Mar 25, 2010 7:22am
Quoting antic81
Still hanging onto my long, was in at 4961, stop 4920 TP around the 5000 area depending on the PA at that level, with the potential of 5040...all looking rather fanciful at the moment I'm afraid...got news to make or break me I guess.

If I am still around in 12 mins...

Dude,

Be very Careful, looks like the news will be POSITIVE for the US unemployment....

Also this being the case... it also looks like it is already priced in the current price action for GU or atleast most of it....

Guess the best profit to be made will be if the news is NEGATIVE.... will be good for the GBP and go your direction.

I don't think you will see your take profit level.

Cheers,
R
  • #210,044
  • Mar 25, 2010 7:22am Mar 25, 2010 7:22am
Quoting samdani786
Should go down
7min.... dum dum dum duuuuuuuum!

We're through cloggs... now the 50ma on 30 min then I got clear sailing to the low of today...
@pawpaw1000 on Twitter
  • #210,045
  • Mar 25, 2010 7:23am Mar 25, 2010 7:23am
Unemployment news should be positive for the US as the first wave of census workers are showing up.

I moved the stop to BE+ just in case.
  • #210,046
  • Mar 25, 2010 7:25am Mar 25, 2010 7:25am
Quoting cloggie
Unemployment news should be positive for the US as the first wave of census workers are showing up.
Sorry for my ignorance... but where did you get the "first wave of census workers showing up"

Cheers,
R
  • #210,047
  • Mar 25, 2010 7:25am Mar 25, 2010 7:25am
I'd say that if news is good people should buy risky assets or dump dollar
So gbpusd up ....that's just a guess i'm not taking position yet

weird how equities are topish ..... & dollar as well
COT: The precious data ignored
  • #210,048
  • Mar 25, 2010 7:25am Mar 25, 2010 7:25am
Quoting antic81
Stopped out.
damn ant , figured this spike would happen on the gbp news , always know there is one coming , ah the mkt does it in its time ,
  • #210,049
  • Mar 25, 2010 7:26am Mar 25, 2010 7:26am
Quoting RChio
Sorry for my ignorance... but where did you get the "first wave of census workers showing up"

Cheers,
R
The 10 year census is starting in the US and obamarama is hiring 400,000 workers to go door to door. This should be the first report where they may show up.
  • #210,050
  • Mar 25, 2010 7:27am Mar 25, 2010 7:27am
Quoting RChio
Dude,

Be very Careful, looks like the news will be POSITIVE for the US unemployment....

Also this being the case... it also looks like it is already priced in the current price action for GU or atleast most of it....

Guess the best profit to be made will be if the news is NEGATIVE.... will be good for the GBP and go your direction.

I don't think you will see your take profit level.



Cheers,
R
No longer a problem for me as I was stopped out.

And my run of losers continues...
  • #210,051
  • Mar 25, 2010 7:29am Mar 25, 2010 7:29am
Quoting antic81
No longer a problem for me as I was stopped out.

And my run of losers continues...

At the time of entry it was a valid trade, don't beat yourself up over it and you may still be proven right.
  • #210,052
  • Mar 25, 2010 7:30am Mar 25, 2010 7:30am
Quoting cloggie
Unemployment news should be positive for the US as the first wave of census workers are showing up.

I moved the stop to BE+ just in case.
hehehehe this has a become a gambling day
  • #210,053
  • Mar 25, 2010 7:30am Mar 25, 2010 7:30am
Quoting quantts
Hi, we just bought GBP USD at 14975, for either 15065 or 14915, Whatever comes first.
Good luck.
I meant to say that I am long and will sell at either 15065 or 14915.
I did not say buy at 14915.... but SL at 14915.
THIS close to getting executed at stop, but still in.

Cheers
  • #210,054
  • Mar 25, 2010 7:31am Mar 25, 2010 7:31am
Quoting antic81
No longer a problem for me as I was stopped out.

And my run of losers continues...
Just evaluate you plan..go over your trades and see where you when wrong and jus keep going..you will be fine .
  • #210,055
  • Mar 25, 2010 7:31am Mar 25, 2010 7:31am
Quoting cloggie
Unemployment news should be positive for the US as the first wave of census workers are showing up.

I moved the stop to BE+ just in case.

News was good for the US, let's see if the market reacts or was it already priced in?
  • #210,056
  • Mar 25, 2010 7:34am Mar 25, 2010 7:34am
darn i do have a great manager
Attached Image
  • #210,057
  • Mar 25, 2010 7:34am Mar 25, 2010 7:34am
Quoting cloggie
News was good for the US, let's see if the market reacts or was it already priced in?
no real reaction!!! aiaiaiai...

so we could be going back up...

EDIT: m15 closed below both ma's and really wana add to my position but looking at reaction to news, dunno if I really should! aiaiaiai
@pawpaw1000 on Twitter
  • #210,058
  • Mar 25, 2010 7:34am Mar 25, 2010 7:34am
Quoting cloggie
At the time of entry it was a valid trade, don't beat yourself up over it and you may still be proven right.

Cheers mate, well I dont know if that will make me feel better or worse!LOL!

Nothing worse than just being stopped and then having it swing back in your direction again!

Short side is starting to look more likely now though, did your stop get hit on your long from earlier or did you pull it off yourself?
  • #210,059
  • Mar 25, 2010 7:35am Mar 25, 2010 7:35am
Quoting cloggie
The 10 year census is starting in the US and obamarama is hiring 400,000 workers to go door to door. This should be the first report where they may show up.
Is this a known fact or in a news somewhere...

Cheers,
R
  • #210,060
  • Mar 25, 2010 7:35am Mar 25, 2010 7:35am
Quoting antic81
Cheers mate, well I dont know if that will make me feel better or worse!LOL!

Nothing worse than just being stopped and then having it swing back in your direction again!

Short side is starting to look more likely now though, did your stop get hit on your long from earlier or did you pull it off yourself?
I pulled it at a small profit, saw the change in the MA's and was anticipating a good jobs number from the US.
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