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Cable Update (GBPUSD)

  • #224,621
  • May 6, 2010 3:38pm May 6, 2010 3:38pm
Quoting The Magician
Some high up people made some mega money earlier.

Yes I did, but I didn't cause this, trust me I am a trader.
  • #224,622
  • May 6, 2010 3:40pm May 6, 2010 3:40pm
Quoting Baby-Trader
it happened in just 1/2 hour
This is call a zoom, as a gap, it is done to avoid poeple reacting to the move.
If speed dosen't do it most of them will just freeze in front of this.

So both way.... they have the result they wanted:
They trape the most poeple they can one the wrong side.
This is purely intentional, far from a trader errorr from me...

I can be wrong, let's see!
"Fly Kite Fly!"
  • #224,623
  • May 6, 2010 3:42pm May 6, 2010 3:42pm
Quoting kill56
ok what the asian banks will do keep sellen the eur or buy it
Yes, that's the question. I still wonder why euro came up 300 pips against australian dollar. Aussie is a high risk currency, but still...

L
  • #224,624
  • May 6, 2010 3:45pm May 6, 2010 3:45pm
Quoting Baby-Trader
I told you bro, It is TOOOOOOOOOOOOOOO RISKY.

It dropped about 700 pip from your entry
It didn't drop 700 pips from my entry bro. I bought @133.8
Too risky I agree, but I got out with a bit of nice profit. Lucky me
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Thank You
  • #224,625
  • May 6, 2010 3:45pm May 6, 2010 3:45pm
Everything is falling , what a nice recovery we have been listen to all the last months
Let the experts says what ever they want and we do what we think
  • #224,626
  • May 6, 2010 3:46pm May 6, 2010 3:46pm
DOW Chart m30
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  • #224,627
  • May 6, 2010 3:47pm May 6, 2010 3:47pm
11 minutes until the first exitpoll, it is being broadcast on all the news channels and the web simultaneously, let's see how the market is going to react, anything above 41% for the Conservatives means an outright majority, anything above 32% for Labour means another 5 years of Brown if the Conservative is less then 35. Believe it or not in the UK the party with the largest percentage of votes does not necessarily win. Lib dem can end up with 5-10 percent higher votes then Labour and still have 200 seats less in parliament.
  • #224,628
  • May 6, 2010 3:47pm May 6, 2010 3:47pm
Quoting Baby-Trader
Look at the previous month (30 days) and look at the current month's bar (5 Days) HAHAHAHAHA

lol yea .. crazy stuff
Thank You
  • #224,629
  • May 6, 2010 3:56pm May 6, 2010 3:56pm
This... was... no... suprise...

Dow at 61.8 exactly making spikes at level....
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"Fly Kite Fly!"
  • #224,630
  • May 6, 2010 3:59pm May 6, 2010 3:59pm
OK boys and girls, for those who have never traded the elections, this is going to be fun. Plan on short scalps, for as long as your nerves will hold, large swings in spreads (for our non ECN traders) and oh yeah you will need some serious SL's.

Of course it can be all nothing as the market has already priced it in and I can go to sleep.


Can we start a little poll on the spreads available among the brokers tonight?
  • #224,631
  • May 6, 2010 4:00pm May 6, 2010 4:00pm
citi say's no malfunction in the system it mean they are fooooooked
  • #224,632
  • May 6, 2010 4:00pm May 6, 2010 4:00pm
Exit poll,

Hung parliament

Conservative 307

Labour 255

Lib dem 59
  • #224,633
  • May 6, 2010 4:02pm May 6, 2010 4:02pm
Quoting wormboy
lol yea .. crazy stuff


I'm glad that I am sitting out now. I had a short earlier which I closed for 60 pips, but had I kept it open...

No worries. Just got back home after seeing some friends. Watching the wipsaw action earlier was just crazy. 100+ pips in minutes...

Anyway, I will stay out as it is anyone's guess now and you need to be in front of the monitor to stand any chance, whereas I am knackered which is not conducive to good decision making during the early hours of the morning. LOL. Good luck and hope you make some nice green pips!
  • #224,634
  • May 6, 2010 4:03pm May 6, 2010 4:03pm
Quoting cloggie
Exit poll,

Hung parliament

Conservative 307

Labour 255

Lib dem 59

Does that mean you are long on GU? Also what time frame are you watching, 5min??
  • #224,635
  • May 6, 2010 4:04pm May 6, 2010 4:04pm
Quoting bbakker


I'm glad that I am sitting out now. I had a short earlier which I closed for 60 pips, but had I kept it open...

No worries. Just got back home after seeing some friends. Watching the wipsaw action earlier was just crazy. 100+ pips in minutes...

Anyway, I will stay out as it is anyone's guess now and you need to be in front of the monitor to stand any chance, whereas I am knackered which is not conducive to good decision making during the early hours of the morning. LOL. Good luck and hope you make some nice green pips!

u missed all the fun
  • #224,636
  • May 6, 2010 4:04pm May 6, 2010 4:04pm
Quoting cloggie
Exit poll,

Hung parliament

Conservative 307

Labour 255

Lib dem 59
Sterling jumps... Cameron will be PM if they have the more candidates than Labour!
  • #224,637
  • May 6, 2010 4:05pm May 6, 2010 4:05pm
Quoting thinkman
Does that mean you are long on GU? Also what time frame are you watching, 5min??
Yup m5 and m1 too... just to see the crazy action
  • #224,638
  • May 6, 2010 4:08pm May 6, 2010 4:08pm
16 pip spread on FXCM
  • #224,639
  • May 6, 2010 4:09pm May 6, 2010 4:09pm
Quoting bbakker
Sterling jumps... Cameron will be PM if they have the more candidates than Labour!

DC in #10 is a done deal, they just need the 326 to have an overall majority.
  • #224,640
  • May 6, 2010 4:09pm May 6, 2010 4:09pm
Quoting cloggie
OK boys and girls, for those who have never traded the elections, this is going to be fun. Plan on short scalps, for as long as your nerves will hold, large swings in spreads (for our non ECN traders) and oh yeah you will need some serious SL's.

Of course it can be all nothing as the market has already priced it in and I can go to sleep.


Can we start a little poll on the spreads available among the brokers tonight?
FXCM has now wild flips of spread from 7 to 18 pips, crazy
2,153 traders viewing now, 5 are registered:
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Meer-Shayhak
,
saidi01
,
,
dude007