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Cable Update (GBPUSD)

  • #215,201
  • Apr 9, 2010 6:42am Apr 9, 2010 6:42am
Quoting albchr
Sounds like a Schooner is what we here in the states call....a SHOT...

It would take a LOT of them to get me FUBAR brother...
Crash course on alcohol glasses

Schooner = 425ml

Pint = 570ml

Can u see why I'll be FUBAR on 10 pints vs 10 schooners
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #215,202
  • Apr 9, 2010 6:44am Apr 9, 2010 6:44am
No trades possible....let's wait US
Cable consolidating at the top....struggling to make higher high...from 5mn to 1h TF
Will see if NY pushes the pair higher and make it drop like a stone
COT: The precious data ignored
  • #215,203
  • Apr 9, 2010 6:46am Apr 9, 2010 6:46am
I was selling at 1.5300 and still floating for about -70 pips right now .... any idea if she's going down again today or next week? or better for me to close.

i wish i had stop loss at 30 pips
  • #215,204
  • Apr 9, 2010 6:47am Apr 9, 2010 6:47am
exit 5366. catch u later cable
  • #215,205
  • Apr 9, 2010 6:49am Apr 9, 2010 6:49am
Quoting OldReigatian
Its crazy Friday and I just can't help thinking that it will up to just shy of 1.54 and then a big sell off back down to 1.5150.

Only a gut feeling mind
My thoughts exactly. 1.5380 is 61.8 Fib from 1.5793 to 1.4784 if we take them as the previous TOP and BOTTOM.

If we then take Previous Bottom to Today's High, a 38.2% Retracement will be back to 1.5163.

Just some thoughts.

I have a SELL in at 1.5380 with TP at 1.5160.
  • #215,206
  • Apr 9, 2010 6:50am Apr 9, 2010 6:50am
Quoting iCarumba
I was selling at 1.5300 and still floating for about -70 pips right now .... any idea if she's going down again today or next week? or better for me to close.

i wish i had stop loss at 30 pips
true sorry but we learn every day from our mistakes
  • #215,207
  • Apr 9, 2010 6:50am Apr 9, 2010 6:50am
Quoting free4440273
exit 5366. catch u later cable
Just shorting or going long too? I've done a couple of 10 pips from 5375 ish down but not up, yet
Back to basics, it has to be for me!
  • #215,208
  • Apr 9, 2010 6:52am Apr 9, 2010 6:52am
Quoting iCarumba
I was selling at 1.5300 and still floating for about -70 pips right now .... any idea if she's going down again today or next week? or better for me to close.

i wish i had stop loss at 30 pips
The same position with me (1.5301) . I expect the freaky friday really come to push down below 1.5246 on US session !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #215,209
  • Apr 9, 2010 6:54am Apr 9, 2010 6:54am
Quoting BadTradingFi
Just shorting or going long too? I've done a couple of 10 pips from 5375 ish down but not up, yet
all my three trades were shorts - and eur/yen too. I'm done today.

Oh, and Dow 11K today!
  • #215,210
  • Apr 9, 2010 6:54am Apr 9, 2010 6:54am
Quoting manize
The same position with me (1.5301) . I expect the freaky friday really come to push down below 1.5246 on US session !
my sl was at 15320 but revered from it was lucky
  • #215,211
  • Apr 9, 2010 6:54am Apr 9, 2010 6:54am
Quoting iCarumba
I was selling at 1.5300 and still floating for about -70 pips right now .... any idea if she's going down again today or next week? or better for me to close.

i wish i had stop loss at 30 pips
Cut your loses and close the position would be my advice as you are obviously not comfortable with it now and you are risking it with the potential of increasing your loses! Always use a SL!
  • #215,212
  • Apr 9, 2010 6:56am Apr 9, 2010 6:56am
Quoting kill56
my sl was at 15320 but revered from it was lucky
kill , keep the greenie coming your way man
  • #215,213
  • Apr 9, 2010 6:57am Apr 9, 2010 6:57am
Inserted Video
  • #215,214
  • Apr 9, 2010 7:01am Apr 9, 2010 7:01am
Quoting digger1
kill , keep the greenie coming your way man
u too man thank god i am flat i am happy for today no loss
  • #215,215
  • Apr 9, 2010 7:03am Apr 9, 2010 7:03am
Quoting bbakker
Cut your loses and close the position would be my advice as you are obviously not comfortable with it now and you are risking it with the potential of increasing your loses! Always use a SL!
We are arguing with last months high atm , we have enough room in the daily range to reach your tgt but could pull back a bit , I am still holding out for tht area also but will close before the weekend regaurdless , just wanted to give you a heads up here at last months high
  • #215,216
  • Apr 9, 2010 7:04am Apr 9, 2010 7:04am
time to work...
I will be the number one Manager.
  • #215,217
  • Apr 9, 2010 7:07am Apr 9, 2010 7:07am
Quoting cloggie
87 on the cross will break 538 on cable. will see 538 broken on the next move up, give it 5-10mins. I was expecting 538 on london close, see post this morning, am now looking at 5392 for a close, if 87 goes.
Still waiting
  • #215,218
  • Apr 9, 2010 7:08am Apr 9, 2010 7:08am
Quoting bbakker
Still waiting
Something just happened, but not up (yet)
Back to basics, it has to be for me!
  • #215,219
  • Apr 9, 2010 7:09am Apr 9, 2010 7:09am
Quoting iCarumba
I was selling at 1.5300 and still floating for about -70 pips right now .... any idea if she's going down again today or next week? or better for me to close.

i wish i had stop loss at 30 pips
Hang in there man, especially if you have enough margin. What goes up, must come down. I'm in the same boat...
  • #215,220
  • Apr 9, 2010 7:10am Apr 9, 2010 7:10am
Quoting cloggie
Long 535
Stopped at BE+ eg staying above 87 for now. We may have reached the London session high. 5341 is the one to watch.

What time is the first tee off?
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