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Cable Update (GBPUSD)

  • #210,681
  • Mar 26, 2010 8:45am Mar 26, 2010 8:45am
The downward revision to U.S. GDP is not good but at the same time it is important to realize that 5.6 percent GDP is still the strongest pace of growth reported since the third quarter of 2003, more than 6 years ago. It is also the fastest pace of fourth quarter GDP growth of all G7 nations which is not something to dismiss. In the fourth quarter, the U.S. economy grew at least 5 times faster than the Eurozone and U.K.
@pawpaw1000 on Twitter
  • #210,682
  • Mar 26, 2010 8:46am Mar 26, 2010 8:46am
Quoting cloggie
Don't try to pick tops and bottoms, I try that at times even though I know better and get snapped on my fingers immediately.

Yeah, to be honest the entry was the 50% on the 15M chart, touched it started moving down, so I thought there it is an entered...aaaaand then saw that go, and the 61.8 and DP and started thinking...hmmm this isnt going well, but I had my stop placed above the high of the day and thought that it would be best to let it run...still not 100% on this trade if I am honest, the PA is a little bit...turbulent at the moment!
  • #210,683
  • Mar 26, 2010 8:46am Mar 26, 2010 8:46am
many thanks to all senior traders in the room. It was an instructiv week for me, would like to post more here, but with dayjob is a bit difficult, but reading all and learned a lot, looking forward to next week, love this forum.

Thank´s and have a nice weeken all
  • #210,684
  • Mar 26, 2010 8:46am Mar 26, 2010 8:46am
Previus 15min candle failed to make new low (I had thought momentum was on our side)
  • #210,685
  • Mar 26, 2010 8:48am Mar 26, 2010 8:48am
Quoting bbakker
You were wavering a little earlier! Your charts should confirm the correct entry, although saying that it just missed my entry @14900. I still need to fine tune that skill
just a bit .. dp is only 17 pips lower off your po.
tested 3 times today
Thank You
  • #210,686
  • Mar 26, 2010 8:50am Mar 26, 2010 8:50am
dam it these bulls are going to kill all the fun here

lmao
I SEE YOU !!
  • #210,687
  • Mar 26, 2010 8:51am Mar 26, 2010 8:51am
Stopped out.... All blxxdy day wainting to enter short and it only lasted me 7 mins,,,,,,
  • #210,688
  • Mar 26, 2010 8:51am Mar 26, 2010 8:51am
Hmmm...has someone released the bulls?

What the hell were you thinking?!

There I was thinking I may actually survive!
  • #210,689
  • Mar 26, 2010 8:51am Mar 26, 2010 8:51am
this is ridiculous, can we get going already???

bbakker, you got your ducky? Go have a chat with the conductor, tell him clogs can drive if he is unable!!! DARN!

I Closed my position, was a stupid entry and a kneejerk affair... Waiting for PA to confirm entry...

THATS NOOBS FOR YA, 12 pips GONE!
@pawpaw1000 on Twitter
  • #210,690
  • Mar 26, 2010 8:51am Mar 26, 2010 8:51am
Quoting dbfusion
dam it these bulls are going to kill all the fun here

lmao

We are only letting you in for a quick beer.

And to make sure we don't overcook you.
  • #210,691
  • Mar 26, 2010 8:53am Mar 26, 2010 8:53am
Quoting dbfusion
dam it these bulls are going to kill all the fun here

lmao
lol .. don't forget the potatoes
Thank You
  • #210,692
  • Mar 26, 2010 8:53am Mar 26, 2010 8:53am
Quoting solrac
Stopped out.... All blxxdy day wainting to enter short and it only lasted me 7 mins,,,,,,

Did you put your SL below the DP? There was every chance she was going to get tested again. Also be careful whose trade calls you follow here, if any. Some of us can handle large pip retracement with no ill effect.
  • #210,693
  • Mar 26, 2010 8:54am Mar 26, 2010 8:54am
Quoting cloggie
We are only letting you in for a quick beer.

And to make sure we don't overcook you.
that's what I want some fun

dont worry guys it will be quick and easy
just like a needle sting .

you wont see it coming

I SEE YOU !!
  • #210,694
  • Mar 26, 2010 8:56am Mar 26, 2010 8:56am
I reckon 85 would be a grand short entry...

Looking at that since I've closed my 1st position.

Love knee jerking when I get back from training!!!
@pawpaw1000 on Twitter
  • #210,695
  • Mar 26, 2010 8:56am Mar 26, 2010 8:56am
Quoting pawpaw1000
this is ridiculous, can we get going already???

bbakker, you got your ducky? Go have a chat with the conductor, tell him clogs can drive if he is unable!!! DARN!

I Closed my position, was a stupid entry and a kneejerk affair... Waiting for PA to confirm entry...

THATS NOOBS FOR YA, 12 pips GONE!
friday's are seldom straightforward. be cool
Thank You
  • #210,696
  • Mar 26, 2010 8:57am Mar 26, 2010 8:57am
Quoting dbfusion
dont worry it will be quick and easy
just like a needle sting .

you wont see it coming


That was what I said to the Mrs last night before the bed broke, will be quick and easy honey, just like a needle sting.
  • #210,697
  • Mar 26, 2010 8:57am Mar 26, 2010 8:57am
Quoting wormboy
lol .. don't forget the potatoes

wow
so nice of you bears to cook something for us as a plus

lol
I SEE YOU !!
  • #210,698
  • Mar 26, 2010 8:59am Mar 26, 2010 8:59am
Quoting dbfusion
wow
so nice of you bears to cook something for us as a plus

lol
not for you. with you.
Thank You
  • #210,699
  • Mar 26, 2010 8:59am Mar 26, 2010 8:59am
Quoting wormboy
not for you. with you.
Wormy, turn the gas down a bit, we need to simmer him, not burn him.
  • #210,700
  • Mar 26, 2010 9:00am Mar 26, 2010 9:00am
the bad thing is that I wanted even better entry on the EU I got one in the 3352


was hoping for another bear candle but seems like the want to hit sooner than I thought.
I SEE YOU !!
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