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Cable Update (GBPUSD)

  • #224,301
  • May 6, 2010 7:25am May 6, 2010 7:25am
Quoting dag777
yes, hard work indeed.
This morning I arrived at work 15min before frankie open and saw the beautiful downmove and hopped in without analysis.
This was my best trade today, was 22 pips in minutes.

Taking a lucky trade at Franky is not hard work, that is a blind squirrel finding an acorn
  • #224,302
  • May 6, 2010 7:27am May 6, 2010 7:27am
added pound long at 1.5017 back to the original size now
  • #224,303
  • May 6, 2010 7:28am May 6, 2010 7:28am
Quoting lexazver
added pound long at 1.5017 back to the original size now

And I just closed the short.
  • #224,304
  • May 6, 2010 7:29am May 6, 2010 7:29am
Got there in the end
  • #224,305
  • May 6, 2010 7:35am May 6, 2010 7:35am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Blimey, 3 languages, talented guy you are. No wonder your ex boss wants you.

Project mgmt, BA and support role is the way forward mate. Nothing much left for us lot here in blighty now. Everything is normally offshor'd now a days. We will be begging for jobs if no one puts a cap on this. Every advanced country (US, UK, Europe) is transfering the wealth (creating jobs offshore at cost of local jobs for shareholders profit). Provided they have any wealth left for that matter

It's not bad to do offshor'ng as the guys are really talented and but there has to be a limit or ratio. I am tired of making & seeing people getting redundant and jobs going elsewhere. Well benefit of globalization. Who introduced it...ahhh someone in the past from blue team, not voting for them today





Quoting bbakker
No, I am a PAYE employee working in L2 support for our EMEA customers, based in Silicon Valley, UK. I speak English, Dutch and German and can provide local language support. Company has 17,000 employees and serves mainly telco industry as well as cable companies. Think of a telco and cable company and we will be their supplier. We do Billing, CRM, Advertising, App Store, anything for quad-play services (Mobile, Broadband, TV and Telephone). I work in CRM support. Software is mainly Java but lower layer is in C. I am application and architecture...
  • #224,306
  • May 6, 2010 7:35am May 6, 2010 7:35am
Quoting primzvicious
what a nice job u had there
Still have my friend... I am in the office now, but you are right, it is a relaxed atmosphere here. I mean my colleague has been playing Angry Birds on his iPhone for most of the day! We work hard when we need to, but we also have fun. We have a pool table, darts board and an Xbox360 in our games room about 15 meters from my desk. Company pays for breakfast, a weekly shop from the supermarket and coffee. We only pay for our lunch and I tend to go to the supermarket on Mondays to do my weekly shop for lunch. We also wear jeans and t-shirts, no suits!

It is a small office (80 people) atmosphere in a very large organisation. Therefore when I have my interview with the new Cloud Computing company in June, it has to be a bloody good offer for me to change companies!
  • #224,307
  • May 6, 2010 7:38am May 6, 2010 7:38am
Quoting bbakker
Still have my friend... I am in the office now, but you are right, it is a relaxed atmosphere here. I mean my colleague has been playing Angry Birds on his iPhone for most of the day! We work hard when we need to, but we also have fun. We have a pool table, darts board and an Xbox360 in our games room about 15 meters from my desk. Company pays for breakfast, a weekly shop from the supermarket and coffee. We only pay for our lunch and I tend to go to the supermarket on Mondays to do my weekly shop for lunch. We also wear jeans and t-shirts, no suits!...

Just play the one of against the other, a signing on bonus vs a retaining bonus.
  • #224,308
  • May 6, 2010 7:41am May 6, 2010 7:41am
Quoting bbakker
Got there in the end
Cash in now for 50 pips or hold on to it for a further drop....mmmmmmm. I will keep an eye on PA before I cash in my 0.1 lot!
  • #224,309
  • May 6, 2010 7:42am May 6, 2010 7:42am
Quoting cloggie
Just play the one of against the other, a signing on bonus vs a retaining bonus.
Now that is a great idea! I would have to play that one carefully though, but you have given me food for thought!
  • #224,310
  • May 6, 2010 7:44am May 6, 2010 7:44am
last call of the day

buy GU @ 977
sl @ 950
Verily, in every difficulties there is relief
  • #224,311
  • May 6, 2010 7:47am May 6, 2010 7:47am
FREEFALL time... yeahh...
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 22 KB
  • #224,312
  • May 6, 2010 7:48am May 6, 2010 7:48am
Just closed my shorts on fibre and my swissy trade got stopped out, so am totally flat now for the first time today, it has been a good one sofar.

This is going to be a long day, am planning on trading through the night.
  • #224,313
  • May 6, 2010 7:49am May 6, 2010 7:49am
Quoting ams
Blimey, 3 languages, talented guy you are. No wonder your ex boss wants you.

Project mgmt, BA and support role is the way forward mate. Nothing much left for us lot here in blighty now. Everything is normally offshor'd now a days. We will be begging for jobs if no one puts a cap on this. Every advanced country (US, UK, Europe) is transfering the wealth (creating jobs offshore at cost of local jobs for shareholders profit). Provided they have any wealth left for that matter

It's not bad to do offshor'ng as the guys are really talented and...
Globalisation was going to happen whoever was in power. It was the only way for companies to grow and get true scales of economies, in order for them to increase value to shareholders!

You need to be different and unique to attract work. My uniqueness in this country is my languages and EMEA customers prefer to have contact in local language, something that off-shoring cannot provide. Some companies such as Nat West are bringing their call centres back to the UK, but most back office roles have been off-shored and will continue to do so.

Need to do a little work now ... speak to you all later!
  • #224,314
  • May 6, 2010 7:50am May 6, 2010 7:50am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
we are touching 149...if that breaks nothing between 138..However, I expect BOE to defend this line like CHF banks do..market has edge on banks though..


Quoting primzvicious
last call of the day

buy GU @ 977
sl @ 950
  • #224,315
  • May 6, 2010 7:51am May 6, 2010 7:51am
Quoting cloggie
Just closed my shorts on fibre and my swissy trade got stopped out, so am totally flat now for the first time today, it has been a good one sofar.

This is going to be a long day, am planning on trading through the night.


Closed my short on cable for 60 pips profit. I am out too. I can concentrate on work now for the last 2 hours of the day!

Good luck people and hope you all get some greenies!
  • #224,316
  • May 6, 2010 7:51am May 6, 2010 7:51am
Quoting wormboy
1.4960 is most likely .
Good luck.
Bingo
Tho it does look like lower level is possible ...
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.gif Size: 26 KB
Thank You
  • #224,317
  • May 6, 2010 7:52am May 6, 2010 7:52am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Good idea..

I never thought of this..don't know why but you are right, this is your USP and could be for many.

Have a good one.

ta
ams

Quoting bbakker
Globalisation was going to happen whoever was in power. It was the only way for companies to grow and get true scales of economies, in order for them to increase value to shareholders!

You need to be different and unique to attract work. My uniqueness in this country is my languages and EMEA customers prefer to have contact in local language, something that off-shoring cannot provide. Some companies such as Nat West are bringing their call centres back to the UK, but most back office roles have been off-shored and will continue to do so.

Need...
  • #224,318
  • May 6, 2010 7:54am May 6, 2010 7:54am
Quoting fourxtrader
An interesting day, trading between the cam levels.
Nine (9) times the price has moved between L3 and L4
(~40 pip range) since the NY close / open at 21 GMT.

Digger1 states that this zone is a near guaranteed trade
each and every day... that eventually in the course of
the trading day it will pass on the minimum thru either
[i][color=#0000ff]L3-L4...

yes this is the vooddoo boodoo way
  • #224,319
  • May 6, 2010 7:55am May 6, 2010 7:55am
added another long at 1.4970

but hmmmmm didnt expect it to go down like this :S
  • #224,320
  • May 6, 2010 7:55am May 6, 2010 7:55am
Quoting bbakker


Closed my short on cable for 60 pips profit. I am out too. I can concentrate on work now for the last 2 hours of the day!

Good luck people and hope you all get some greenies!

Gotten 19 trades so far, 4 absolute beauties, 2 at a loss, 2 at BE, another 24 hours to go.

Just took another short on fibre
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