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Cable Update (GBPUSD)

  • #221,041
  • Apr 23, 2010 7:49am Apr 23, 2010 7:49am
Whoever first mentioned the inverse correlation of GU to UCad (I think it iwas magix) .. thank you! The last few days I have played both & am currently short GU and long UC .. twice the pips is twice as nice!
******************* I'd rather make money than be right.
  • #221,042
  • Apr 23, 2010 7:50am Apr 23, 2010 7:50am
Quoting kill56
true and its friday after all east is the only path for her
sorry for this newbie question. When u say east, do you mean up or down trend ?
  • #221,043
  • Apr 23, 2010 7:50am Apr 23, 2010 7:50am
hello everyone, i've been lurking here for months!
just signing in,,
I've been waiting for 8 hours! this baby finally goes down!
close with 4 pip profit only,, at least not loosing the green =.=''
i'm a little chicken when stuck in floating for too long,, usually i scalp..
Anw, i wish everyone good luck! and have a wonderful weekend!!
  • #221,044
  • Apr 23, 2010 7:51am Apr 23, 2010 7:51am
Quoting Lordpip
Target .5200 For today or monday?
Wouldn't that be loverly.. but I don't hold over weekends & usually play shorter tfs. GL to all those who are going for the bigger prize.
******************* I'd rather make money than be right.
  • #221,045
  • Apr 23, 2010 7:53am Apr 23, 2010 7:53am
Quoting terunaku
sorry for this newbie question. When u say east, do you mean up or down trend ?
I think Kill is the only one who uses that term & at first I thought east meant consolidation .. but then he talked about west which would be going backwards on the chart! So I was confused too ... I think east = down and west = up but I may have it mixed up again. He will enlighten you.
******************* I'd rather make money than be right.
  • #221,046
  • Apr 23, 2010 7:55am Apr 23, 2010 7:55am
Where is bbaker? Did his boss finally confiscate his computer??
******************* I'd rather make money than be right.
  • #221,047
  • Apr 23, 2010 7:56am Apr 23, 2010 7:56am
Quoting terunaku
sorry for this newbie question. When u say east, do you mean up or down trend ?

east is south down
  • #221,048
  • Apr 23, 2010 7:56am Apr 23, 2010 7:56am
Quoting 4xStar
I think Kill is the only one who uses that term & at first I thought east meant consolidation .. but then he talked about west which would be going backwards on the chart! So I was confused too ... I think east = down and west = up but I may have it mixed up again. He will enlighten you.
East = sideways, no direction movement up (north) or down (south) west is back in time. In accordance with charts. So I was reliably informed.
  • #221,049
  • Apr 23, 2010 7:59am Apr 23, 2010 7:59am
Quoting 4xStar
Wouldn't that be loverly.. but I don't hold over weekends & usually play shorter tfs. GL to all those who are going for the bigger prize.

dont leave u kids out side the house sleep at home is the best u will never know what will happen in the weekend gap up gap down heck no
  • #221,050
  • Apr 23, 2010 8:00am Apr 23, 2010 8:00am
Ok just closed a couple of trades off nice 600 pips for the week.

Might get tempted again later but for me I;m a happy chappy.

If dont catch y'all later, have a great w/e
  • #221,051
  • Apr 23, 2010 8:02am Apr 23, 2010 8:02am
Quoting 4xStar
Where is bbaker? Did his boss finally confiscate his computer??

he is busy with live show in the company
  • #221,052
  • Apr 23, 2010 8:03am Apr 23, 2010 8:03am
was 2 hours afk (hair cutting), canīt believe my short 1.5355 has survived and closed at s1 1.5315, cooool.
By sitting by the haircutter i was thinking of a loss, because when leaving the pa goes up sharply.

Pass me the pipe kill, i have to celebrate
  • #221,053
  • Apr 23, 2010 8:04am Apr 23, 2010 8:04am
Quoting OldReigatian
East = sideways, no direction movement up (north) or down (south) west is back in time. In accordance with charts. So I was reliably informed.

a ride is sideways
  • #221,054
  • Apr 23, 2010 8:06am Apr 23, 2010 8:06am
Quoting OldReigatian
Ok just closed a couple of trades off nice 600 pips for the week.

Might get tempted again later but for me I;m a happy chappy.

If dont catch y'all later, have a great w/e
are you a long term trader ? mind sharing your methods...
  • #221,055
  • Apr 23, 2010 8:09am Apr 23, 2010 8:09am
Quoting cloggie
The euro boys are finishing their bowl of fibre, lots of selling pressure there and FTSE is finally realising that further North is nuts, Cable should be next. Short 5360 exactly where I got out on the last one....
cloggie, do you have cashed in? or still awaiting 1.5255?
  • #221,056
  • Apr 23, 2010 8:10am Apr 23, 2010 8:10am
Quoting dag777
cloggie, do you have cashed in? or still awaiting 1.5255?
I think 1.5255 is possible today . Haven't cashed in yet ...
  • #221,057
  • Apr 23, 2010 8:11am Apr 23, 2010 8:11am
Quoting dag777
cloggie, do you have cashed in? or still awaiting 1.5255?
Still waiting, round number psych level next to go.
  • #221,058
  • Apr 23, 2010 8:13am Apr 23, 2010 8:13am
we still have 20pips more to i might be wrong
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  • #221,059
  • Apr 23, 2010 8:15am Apr 23, 2010 8:15am
Quoting javapips
upppss...you know my plan...


kidding kid, just wanna synchronize the number..
You have got a PM
  • #221,060
  • Apr 23, 2010 8:16am Apr 23, 2010 8:16am
Quoting cloggie
Still waiting, round number psych level next to go.
Cool, you will get it, i had to set sl and tp before leaving to haircutter but all in all a nice trade. In the beginning with all the eur and FTSE strength i booked a mental loss, but turned out positive.
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