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Cable Update (GBPUSD)

  • #210,801
  • Mar 26, 2010 10:16am Mar 26, 2010 10:16am
Quoting Pyramus
I normally enter with a 100 pip SL as i was a away a moment ago but anyway will be cutting loses soon if it really turns out ugly.
Why let it turn ugly when there are early warning signs.

Good Luck
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #210,802
  • Mar 26, 2010 10:17am Mar 26, 2010 10:17am
Quoting Pyramus
I normally enter with a 100 pip SL as i was a away a moment ago but anyway will be cutting loses soon if it really turns out ugly.
So why do you find it strange if your position @ 14860 is still there with a SL of 100 pips, unless you've got your numbers mixed up!
  • #210,803
  • Mar 26, 2010 10:18am Mar 26, 2010 10:18am
think I'm wanting to cut my losses! can save myself 20 pips if I pull now.

Its just its looking bad for the bears and bbakker and cloggie have left me to fight with this crappy shotgun...

Wormy is out buying beer and I have no Idea why he's taking soo long!
@pawpaw1000 on Twitter
  • #210,804
  • Mar 26, 2010 10:18am Mar 26, 2010 10:18am
Alright I'm outta here... hanging onto my long

Enjoy your weekend

BULL POWER!!!
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #210,805
  • Mar 26, 2010 10:21am Mar 26, 2010 10:21am
Quoting pawpaw1000
think I'm wanting to cut my losses! can save myself 20 pips if I pull now.

Its just its looking bad for the bears and bbakker and cloggie have left me to fight with this crappy shotgun...

Wormy is out buying beer and I have no Idea why he's taking soo long!

I cut my losses at BE, always maintain your capital to fight another day. My BE was the DP, she proved too stubborn to hang in there waiting for a reversal, I got out. Rather sit and wait and miss the move North than watching my capital dwindling down because of my stubborness.

I admitted I was wrong and got out clean. Am up for today, not as much as I would have wanted but there is always another day.

My ass chart tells me we either go to 49649 and 5001 or back below 48793, once either direction is confirmed I will join the party.
  • #210,806
  • Mar 26, 2010 10:21am Mar 26, 2010 10:21am
if you know spanish you can read!!

A pesar de este impulso alcista, Facundo Molina, director de Molfx, espera una nueva caída del par desde los niveles actuales para lo que queda del día: "Con zonas de objetivo a tener en cuenta en 1.4825, 1.4770, 1.4730 y 1.4680. Las resistencias estarán en 1.4935, 1.4990 y 1.5050".
  • #210,807
  • Mar 26, 2010 10:22am Mar 26, 2010 10:22am
Quoting cloggie
I cut my losses at BE, always maintain your capital to fight another day. My BE was the DP, she proved too stubborn to hang in there waiting for a reversal, I got out. Rather sit and wait and miss the move North than watching my capital dwindling down because of my stubborness.

I admitted I was wrong and got out clean.
lets hope it drops to 4900 so I can cut my losses!
@pawpaw1000 on Twitter
  • #210,808
  • Mar 26, 2010 10:24am Mar 26, 2010 10:24am
Quoting cesararr
if you know spanish you can read!!

A pesar de este impulso alcista, Facundo Molina, director de Molfx, espera una nueva caída del par desde los niveles actuales para lo que queda del día: "Con zonas de objetivo a tener en cuenta en 1.4825, 1.4770, 1.4730 y 1.4680. Las resistencias estarán en 1.4935, 1.4990 y 1.5050".
Si, I agree! Come on you bears @14925, pawpaw is your best friend
  • #210,809
  • Mar 26, 2010 10:25am Mar 26, 2010 10:25am
Quoting cesararr
if you know spanish you can read!!

A pesar de este impulso alcista, Facundo Molina, director de Molfx, espera una nueva caída del par desde los niveles actuales para lo que queda del día: "Con zonas de objetivo a tener en cuenta en 1.4825, 1.4770, 1.4730 y 1.4680. Las resistencias estarán en 1.4935, 1.4990 y 1.5050".
Y que es MOLFX???
  • #210,810
  • Mar 26, 2010 10:25am Mar 26, 2010 10:25am
Quoting bbakker
Si, I agree! Come on you bears @14825, pawpaw is your best friend
sounds to me like spanish is looking North or am I wrong??
@pawpaw1000 on Twitter
  • #210,811
  • Mar 26, 2010 10:25am Mar 26, 2010 10:25am
Quoting pawpaw1000
lets hope it drops to 4900 so I can cut my losses!

The biggest problem with holding a trade too long and letting it go too far in the red is that you miss the reversal all together and have to wait for at least one more turnaround before you get in unless you want to risk jumping on board half way in the journey.

We are now 45 pips above the DP, late in the day on friday and for a short to be meaningful at all we need to see the DO again with some good PA to drop below it. The euro is still continuing on its path and does not bode well for a reversal on Cable.

I may have to admit defeat here and anticipate 49649 before we reverse.
  • #210,812
  • Mar 26, 2010 10:27am Mar 26, 2010 10:27am
I will close my poistions @ 4930 and up !
it will go there !
I SEE YOU !!
  • #210,813
  • Mar 26, 2010 10:27am Mar 26, 2010 10:27am
Quoting pawpaw1000
sounds to me like spanish is looking North or am I wrong??
Dunno. I don't speak the lingo
  • #210,814
  • Mar 26, 2010 10:27am Mar 26, 2010 10:27am
Quoting pawpaw1000
I reckon we screwed brother, its running up for a third time now...

this should be the last... HOPING IT HOLDS!!!

bulls are everywhere, like a bunch of scavengers... HAVE THEY NO HEART?

Not me.

Trade detail:
1. http://www.forexfactory.com/showpost...postcount=5701
Thank You
  • #210,815
  • Mar 26, 2010 10:27am Mar 26, 2010 10:27am
Quoting cloggie
The biggest problem with holding a trade too long and letting it go too far in the red is that you miss the reversal all together and have to wait for at least one more turnaround before you get in unless you want to risk jumping on board half way in the journey.
yeah, but when its soo close to my s/l at 30, might as well let it go, unless I can get a discount at 4900?
@pawpaw1000 on Twitter
  • #210,816
  • Mar 26, 2010 10:30am Mar 26, 2010 10:30am
Quoting wormboy
Not me.

Trade detail:
1. http://www.forexfactory.com/showpost...postcount=5701
well wormy, you got 70 pips more than me to let this baby run, looking at that I'd say you should be alright.
@pawpaw1000 on Twitter
  • #210,817
  • Mar 26, 2010 10:30am Mar 26, 2010 10:30am
Quoting pawpaw1000
yeah, but when its soo close to my s/l at 30, might as well let it go, unless I can get a discount at 4900?

Yeah you may get a bit of a discount, and it may well turn in our direction still am not ruling it out. I have not changed to a bull yet. 48793 is the main support on my ass chart and we are not that far off it yet. Once we get to 49649 I will become bullish.
  • #210,818
  • Mar 26, 2010 10:30am Mar 26, 2010 10:30am
Denied 4 times!!!

any thoughts???
@pawpaw1000 on Twitter
  • #210,819
  • Mar 26, 2010 10:30am Mar 26, 2010 10:30am
Quoting solrac
Y que es MOLFX???

Uno de esos asesores como mil!
  • #210,820
  • Mar 26, 2010 10:32am Mar 26, 2010 10:32am
Quoting bbakker
Dunno. I don't speak the lingo
Quite the opposite . He believes that we will have a fall from where we were ( today at 13.30 gmt) all the way to 14680,,,,,, but mentioning Resistance points all the way to 15050,,,,,Well clearly didnt get it did he???
Or shall say it in Spanish ??
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