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Cable Update (GBPUSD)

  • #229,981
  • Jun 4, 2010 11:56am Jun 4, 2010 11:56am
Quoting kill56
there always be next week at least u got some tires
yes indeed , a few odds and ends but will be finished planting by next week yee haa , seems like its been a drawn out affair this year but mother nature is kinda finnicky like the markets ,
  • #229,982
  • Jun 4, 2010 11:57am Jun 4, 2010 11:57am
From Trader: Mike XXXXXXX Fidelity Inv. (2010-05-31 06:20:22 GMT):

Jim, here is one I am taking for the books.

Currency: GBP/USD
Action: Sell
Lots: 1
Open: 1.4488
Stop: 1.4788
Limit: 0.0000



Quoting Nene
Hey guys, I have an advisor who told me at the beginning of the week to short cable and put my stop at 1.4788 and short the hell out of it. LOL, lookslike he was spot on. I did not heeed it myself, though.

im
  • #229,983
  • Jun 4, 2010 11:58am Jun 4, 2010 11:58am
I guess I shouldnt show his name

Quoting Nene
From Trader: Mike XXXXXXX Fidelity Inv. (2010-05-31 06:20:22 GMT):

Jim, here is one I am taking for the books.

Currency: GBP/USD
Action: Sell
Lots: 1
Open: 1.4488
Stop: 1.4788
Limit: 0.0000


  • #229,984
  • Jun 4, 2010 12:00pm Jun 4, 2010 12:00pm
Quoting digger1
yes indeed , a few odds and ends but will be finished planting by next week yee haa , seems like its been a drawn out affair this year but mother nature is kinda finnicky like the markets ,
i hope so u are needed here if u need help just ask man we have an army here and all of them farmers
  • #229,985
  • Jun 4, 2010 12:01pm Jun 4, 2010 12:01pm
Quoting Nene
From Trader: Mike XXXXXXX Fidelity Inv. (2010-05-31 06:20:22 GMT):

Jim, here is one I am taking for the books.

Currency: GBP/USD
Action: Sell
Lots: 1
Open: 1.4488
Stop: 1.4788
Limit: 0.0000



Hold on, someone told you to short on Monday at 4488, and now on Friday you are down 12 pips and you call that a "spot on" call?
  • #229,986
  • Jun 4, 2010 12:03pm Jun 4, 2010 12:03pm
Quoting Nene
I guess I shouldnt show his name

  • #229,987
  • Jun 4, 2010 12:06pm Jun 4, 2010 12:06pm
When you sit back and look at the big picture, this was simply another nice bounce off the Premiere trade telephone wires which is a fancy way of saying the 89 SMA High, Low and Close. Really a pretty picture.

Jim
Attached Image (click to enlarge)
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  • #229,988
  • Jun 4, 2010 12:09pm Jun 4, 2010 12:09pm
Not really, its judt funny how it just missed the stop and the 4 hr MA just crossed. I dont think this is over by a long shot, Clog.

Jim

Quoting cloggie
Hold on, someone told you to short on Monday at 4488, and now on Friday you are down 12 pips and you call that a "spot on" call?
  • #229,989
  • Jun 4, 2010 12:11pm Jun 4, 2010 12:11pm
I think we go lower after testing some resistance, dont you?

Jim

Quoting Nene
Not really, its judt funny how it just missed the stop and the 4 hr MA just crossed. I dont think this is over by a long shot, Clog.

Jim
  • #229,990
  • Jun 4, 2010 12:12pm Jun 4, 2010 12:12pm
This dude was scaling in all the way, now tell me that is not a money maker.

Jim

Quoting Nene
I think we go lower after testing some resistance, dont you?

Jim
  • #229,991
  • Jun 4, 2010 12:13pm Jun 4, 2010 12:13pm
Quoting Nene
Not really, its judt funny how it just missed the stop and the 4 hr MA just crossed. I dont think this is over by a long shot, Clog.

Jim

Oh I agree. I thought at the beggining of the week I would have to revise my sentiment for the longer term, but now seeing the action since Wednesday I am keeping to my sentiment of 1.35. As for today, 4477 is still being watched closely as a break will give us 4438. I need a good solid break of 4477 though to be tempted into a trade this late on a Friday.
  • #229,992
  • Jun 4, 2010 12:15pm Jun 4, 2010 12:15pm
I dont see 477 ???

Quoting cloggie
Oh I agree. I thought at the beggining of the week I would have to revise my sentiment for the longer term, but now seeing the action since Wednesday I am keeping to my sentiment of 1.35. As for today, 477 is still being watched closely as a break will give us 4438. I need a good solid break of 477 though to be tempted into a trade this late on a Friday.
  • #229,993
  • Jun 4, 2010 12:15pm Jun 4, 2010 12:15pm
Ok I see, 1.4477

Quoting Nene
I dont see 477 ???
  • #229,994
  • Jun 4, 2010 12:17pm Jun 4, 2010 12:17pm
cloggie

i think we might get it tonight the dow and es given up some ground lets see

yes new lows on es
  • #229,995
  • Jun 4, 2010 12:17pm Jun 4, 2010 12:17pm
Quoting Nene
Ok I see, 1.4477
Fingers not keeping up with the brain, edited.
  • #229,996
  • Jun 4, 2010 12:18pm Jun 4, 2010 12:18pm
Quoting kill56
cloggie

i think we might get it tonight the dow and es given up some ground lets see
testing 9988 again
  • #229,997
  • Jun 4, 2010 12:24pm Jun 4, 2010 12:24pm
little range on Cable is tightening up nicely for a lovely break, don't get faked by the first one though, expect a retest. The first break is just a chance for the bottom pickers to get out before we get the actual move.
  • #229,998
  • Jun 4, 2010 12:29pm Jun 4, 2010 12:29pm
just entered short at 4484. Looking for a target of 4455.
hey guys, aside from getting a demo account from somewhere, where would be a good place (maybe site) to track the prices of es and dow that doesn't take up alot of space? I'm trying to watch the correlation between my cable trades and the indexes.Thanks for your time and hope you're having a greenie day.
  • #229,999
  • Jun 4, 2010 12:31pm Jun 4, 2010 12:31pm
Quoting Ineedpips9
just entered short at 4484. Looking for a target of 4455.
hey guys, aside from getting a demo account from somewhere, where would be a good place (maybe site) to track the prices of es and dow that doesn't take up alot of space? I'm trying to watch the correlation between my cable trades and the indexes.Thanks for your time and hope you're having a greenie day.
here sir u have it all dixy too

http://www.windsorbrokers.biz/
  • #230,000
  • Jun 4, 2010 12:31pm Jun 4, 2010 12:31pm
Quoting Ineedpips9
just entered short at 4484. Looking for a target of 4455.
hey guys, aside from getting a demo account from somewhere, where would be a good place (maybe site) to track the prices of es and dow that doesn't take up alot of space? I'm trying to watch the correlation between my cable trades and the indexes.Thanks for your time and hope you're having a greenie day.

Nothing wrong with a demo account if your broker doesn't have it.
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