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Cable Update (GBPUSD)

  • #224,941
  • May 7, 2010 1:20am May 7, 2010 1:20am
Quoting fivedollar
interesting. I've stopped using charts a while ago (perhaps partly because I wasn't that good at it -- but mainly because I couldn't get away from the monitor - it was affecting my time with the family.

Now I more or so swing trade and doing consistently ok, but I'm sure with more self discipline and skills on the charts I would be doing really well.

Do you have to pay extra to get volume on yours?
yes I do pay for it , that is esignal but Interbank fx is almost the same

Looks like i gonna be stopped on that one.

I think ftse will try filling the massive gap and may take gu to 1.4770.... just a hunch
Blogging daily now at www.volume.zone
  • #224,942
  • May 7, 2010 1:20am May 7, 2010 1:20am
Good Morning,

yesterday was insane.
Just arrived at work and see the first big move of the day has happen.
Will nfp give us another crazy day?
cloggie, still infront of your screen, no sleep?

have a nice trading day FF people
  • #224,943
  • May 7, 2010 1:23am May 7, 2010 1:23am
Quoting Ineedpips9
I was freaking out. everyone was in general, but me being a newbie seemed more taken aback by it. Just kinda hit home just how historic those few minutes were.If you go back and read some of the conversation you can kinda tell just how crazy things were.
I do not think there has been another time when es / dj dropped 1000 points and reversed it just like that

what was more insane is that I was short es 1164 this morning on the gap close and took 10 points thinking yeah baby ... your a rock star

then i went out for day and an OLD alarm I ghad set on charts informed me by email that es just hit 1060 ....like a 1000 pip trade that I only got 100 of ...
Blogging daily now at www.volume.zone
  • #224,944
  • May 7, 2010 1:28am May 7, 2010 1:28am
Quoting malcolmb14
I do not think there has been another time when es / dj dropped 1000 points and reversed it just like that

what was more insane is that I was short es 1164 this morning on the gap close and took 10 points thinking yeah baby ... your a rock star

then i went out for day and an OLD alarm I ghad set on charts informed me by email that es just hit 1060 ....like a 1000 pip trade that I only got 100 of ...
I feel your pain. I missed the second downturn that happened on cable like an hour or two after the financial world lost there minds, and this third one that just happened.

All I can say is we can at least be happy we got some positives pips out of the events because we could have just as easily been the ones on the other side. Plus, almost everyone here stateside is saying this thing isn't over. And lastly, don't forget we have some economic reports in a few hours.
  • #224,945
  • May 7, 2010 1:31am May 7, 2010 1:31am
Quoting dag777
Good Morning,

yesterday was insane.
Just arrived at work and see the first big move of the day has happen.
Will nfp give us another crazy day?
cloggie, still infront of your screen, no sleep?

have a nice trading day FF people

Still going
  • #224,946
  • May 7, 2010 1:31am May 7, 2010 1:31am
Quoting malcolmb14
I do not think there has been another time when es / dj dropped 1000 points and reversed it just like that

what was more insane is that I was short es 1164 this morning on the gap close and took 10 points thinking yeah baby ... your a rock star

then i went out for day and an OLD alarm I ghad set on charts informed me by email that es just hit 1060 ....like a 1000 pip trade that I only got 100 of ...
I missed the bulk of the trade session this morning due to work...

This evening, as I was setting my cable short...My account died. The website died. Couldn't log into platform, web platform or contact tech support.

Thankfull for the range plays when I did get home, just sucks the dink of a goat I missed the short on 5m 200....

BASTARDS!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #224,947
  • May 7, 2010 1:31am May 7, 2010 1:31am
Quoting Ineedpips9
I feel your pain. I missed the second downturn that happened on cable like an hour or two after the financial world lost there minds, and this third one that just happened.

All I can say is we can at least be happy we got some positives pips out of the events because we could have just as easily been the ones on the other side. Plus, almost everyone here stateside is saying this thing isn't over. And lastly, don't forget we have some economic reports in a few hours.
yeah a vix of 34 does not disappear in a day

going to be very volatile market next few sessions
Blogging daily now at www.volume.zone
  • #224,948
  • May 7, 2010 1:35am May 7, 2010 1:35am
Quoting Magix
I missed the bulk of the trade session this morning due to work...

This evening, as I was setting my cable short...My account died. The website died. Couldn't log into platform, web platform or contact tech support.

Thankfull for the range plays when I did get home, just sucks the dink of a goat I missed the short on 5m 200....

BASTARDS!

lol i bet there are all kinds of games on accounts this week ...

I have been 90% on es all week banging it hard both ways . Just today I promised my woman to go across the border shopping with her ... was one expensive trip but managed a 10 point es and 50 pip gu trades this morning and left a ton behind.

es tomorrow ... no clue what is going to happen daily chart all screwed up now , will play it on a 30 / 15 and 5
Blogging daily now at www.volume.zone
  • #224,949
  • May 7, 2010 1:36am May 7, 2010 1:36am
that weakness on 5 min and mml 4709 holding ... back in sell 30 pip stops
Blogging daily now at www.volume.zone
  • #224,950
  • May 7, 2010 1:40am May 7, 2010 1:40am
Quoting Bull_Bear
Stop out.

Selling is definately the order of the day.
For those that took my advise last night would have clocked up 370 pips as we speak now.

This was my TP but she bounce just shy of 1.4480, shit happens when it bounces 100 pips and so close to TP.

Here's the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.JPG Size: 111 KB
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #224,951
  • May 7, 2010 1:42am May 7, 2010 1:42am
Good morning all,

Looks like the madness continues.
  • #224,952
  • May 7, 2010 1:44am May 7, 2010 1:44am
wow, even 10 minutes is a long time frame, huge volatility - the tug of war between buyers and sellers at the moment is amazing.

wish i was good with charts, this is shaping to be a scalpers field day.
  • #224,953
  • May 7, 2010 1:45am May 7, 2010 1:45am
Quoting Bull_Bear
For those that took my advise last night would have clocked up 370 pips as we speak now.

This was my TP but she bounce just shy of 1.4480, shit happens when it bounces 100 pips and so close to TP.

Here's the chart.
Nice done, keep on those, I like system trader like you.

Hello from old Inzider
"Fly Kite Fly!"
  • #224,954
  • May 7, 2010 1:46am May 7, 2010 1:46am
can't keep my eyes open. just closed my audusd. see ya at the ny open (if I hear at least two of my alarm clocks).
  • #224,955
  • May 7, 2010 1:47am May 7, 2010 1:47am
Quoting Magix
I missed the bulk of the trade session this morning due to work...

This evening, as I was setting my cable short...My account died. The website died. Couldn't log into platform, web platform or contact tech support.

Thankfull for the range plays when I did get home, just sucks the dink of a goat I missed the short on 5m 200....

BASTARDS!
Morning Magix,

i had the same problems with FXCM yesterday at the most volatile time.
about 30 min frozen plattform, cost me 33 pips on this trade.
I wrote them an email, curious if they will pay back.
  • #224,956
  • May 7, 2010 1:54am May 7, 2010 1:54am
Beings how the low of London session was at about 1.5013, really makes you wonder where they are gunna drive price. There is a large space in the books that they might just wanna fill.

Hrmmmmmmmmmmmmmm

Still no account here, will be set sidelines.....sigh
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #224,957
  • May 7, 2010 2:01am May 7, 2010 2:01am
GL all for the day, I only managed a handful of greens with one thing and another

I'm about to watch al my shares take a dive like good old Cable!

Not long to go, but still mathmatically possible for the Cons to win, just. Be nice if there were some hangings later though!
Back to basics, it has to be for me!
  • #224,958
  • May 7, 2010 2:04am May 7, 2010 2:04am
Quoting fivedollar
wow, even 10 minutes is a long time frame, huge volatility - the tug of war between buyers and sellers at the moment is amazing.

wish i was good with charts, this is shaping to be a scalpers field day.
i know, crazy shit aint it!
  • #224,959
  • May 7, 2010 2:04am May 7, 2010 2:04am
Lets see if the Monthly UTL will hold this garbage.

Jim
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 36 KB
  • #224,960
  • May 7, 2010 2:05am May 7, 2010 2:05am
bear trap
"The real genius is knowing when to stop." - Marc Faber
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