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Cable Update (GBPUSD)

  • #213,781
  • Apr 7, 2010 5:17am Apr 7, 2010 5:17am
Quoting tundeakins
You are right. Good to close all shorts now and wait again for some retrace then we can continue and get back on track.
Me too. Where is your retrace for your next short? I am looking at 1.5225?
  • #213,782
  • Apr 7, 2010 5:18am Apr 7, 2010 5:18am
What is DP & PA?

Also I've read up on this and need clarification. Pips are defined as? Some say smallest point measurement for an index and some say measured in .0001 increments with the exception of UJ which is .01. So when GU is concerned is a move from 1.52170 to 1.52270 is this 100 pips or 10?
Thanks,
  • #213,783
  • Apr 7, 2010 5:19am Apr 7, 2010 5:19am
Quoting zoom
here is the indy

cheers!

thanks,

haha, sorry just realized i should have checked the programming section first. thanks again.
  • #213,784
  • Apr 7, 2010 5:20am Apr 7, 2010 5:20am
Quoting digger1
ah good to see you kung fuing your way to a good day bro , cant keep you down can they
hi dig
yes, a good day so far brother. Hopefully it stays that way till 5100
How is your trading today?
Thank You
  • #213,785
  • Apr 7, 2010 5:21am Apr 7, 2010 5:21am
Quoting wormboy
hi dig
yes, a good day so far brother. Hopefully it stays that way till 5100
How is your trading today?
just peachy man , cant complain at all .
  • #213,786
  • Apr 7, 2010 5:22am Apr 7, 2010 5:22am
Then that mean you are still waiting bro. So where did you want start selling the cable again. I am looking to sell at 1.5220. I am thinking this is the perfect level to resume shorting.

Quoting manize
No more send them doing other task !

Anyway DP today 1.5214 already broken on M5/M15/M30 close/open --> stiil have the chances to catch the spike down level ..... hmmmm ..... 1.5214/221 !
  • #213,787
  • Apr 7, 2010 5:23am Apr 7, 2010 5:23am
Quoting wormboy
hi dig
yes, a good day so far brother. Hopefully it stays that way till 5100
How is your trading today?

wormie u short ?
  • #213,788
  • Apr 7, 2010 5:24am Apr 7, 2010 5:24am
Quoting digger1
just peachy man , cant complain at all .
nice one . leave some $ for me ya hear, don't dig em all
Thank You
  • #213,789
  • Apr 7, 2010 5:24am Apr 7, 2010 5:24am
isn't that too far and too risky?
considering he's floating with a big position

Quoting bbakker
S1 @~15155

Cloggie says "If this downmove continues, have 5128 as my first target"
i'll do my best, and let the old lady decide where she wanna go
  • #213,790
  • Apr 7, 2010 5:27am Apr 7, 2010 5:27am
Attached Image
  • #213,791
  • Apr 7, 2010 5:29am Apr 7, 2010 5:29am
it goes down to 4800?
  • #213,792
  • Apr 7, 2010 5:30am Apr 7, 2010 5:30am
Quoting Faryad
wormie u short ?
hi faryad.
yes i sold.
Thank You
  • #213,793
  • Apr 7, 2010 5:31am Apr 7, 2010 5:31am
Quoting kill56
Attached Image
Thank You
  • #213,794
  • Apr 7, 2010 5:31am Apr 7, 2010 5:31am
Quoting wormboy
hi faryad.
yes i sold.
target ?
  • #213,795
  • Apr 7, 2010 5:32am Apr 7, 2010 5:32am
i might be wrong
Attached Image (click to enlarge)
Click to Enlarge Name: h1 cable.gif Size: 27 KB
  • #213,796
  • Apr 7, 2010 5:34am Apr 7, 2010 5:34am
Quoting extraneo
it goes down to 4800?
Probably, eventually, but it will meander along the way.
  • #213,797
  • Apr 7, 2010 5:35am Apr 7, 2010 5:35am
Quoting extraneo
it goes down to 4800?
Long step... go to 1.38-1.42!
  • #213,798
  • Apr 7, 2010 5:36am Apr 7, 2010 5:36am
Short 5193

long uj 93.96
  • #213,799
  • Apr 7, 2010 5:36am Apr 7, 2010 5:36am
Quoting wormboy
Attached Image
  • #213,800
  • Apr 7, 2010 5:36am Apr 7, 2010 5:36am
Quoting bbakker
You are determined that this baby is going up! mmmmm
Not at all. I am not determined or convinced in the slightest, I just methodically enter the trades, in the knowledge that I'll very likely make good cash over the long-run.

The model said to buy earlier this morining, which is when we entered last long position. When the model says to go short, then I shall do so.
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