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Cable Update (GBPUSD)

  • #239,761
  • Jul 21, 2010 2:16am Jul 21, 2010 2:16am
I will Kill that Dutch Moth*** Fu****... Lost 60 some pips and i was loaded up on GBP.....
  • #239,762
  • Jul 21, 2010 2:17am Jul 21, 2010 2:17am
that guy is a @#$% tard. by by to 70 pips
  • #239,763
  • Jul 21, 2010 2:17am Jul 21, 2010 2:17am
Quoting GlobalMacro
Ok...stopping & reversing at 1.5230 long
Ok...out at 1.5284...

the toxicity of this pair just keeps increasing...
Hear the music before the song is over ...
  • #239,764
  • Jul 21, 2010 2:17am Jul 21, 2010 2:17am
dmi on the 5min chart went bearish three candles prior to that drop.......and i went long, %^&*@!
  • #239,765
  • Jul 21, 2010 2:17am Jul 21, 2010 2:17am
Quoting GlobalMacro
on the wires:

some european bank's trader pressing the wrong button caused the rapid drop!!!

It is nice to know that economic disasters can be placed at someone's fingertips
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,766
  • Jul 21, 2010 2:18am Jul 21, 2010 2:18am
Thats the BOE saying "we run this shi*" hhaha I hope it goes long, i really do.
  • #239,767
  • Jul 21, 2010 2:18am Jul 21, 2010 2:18am
Quoting Allseeingeye
If you look at the last 30-60 days all the news coming out about the Financial conditions of the debt & Gilts & public debt are all saying that England is worst then Greece yet the pound keeps going up! Last week they said that they had found an ADDITIONAL 7 TRILLION Pounds of Public debt, now if you do the math you have a massive heart attack because there are only 60 MILLION People in the UK so it would be like we found 42 Trillion in new debt here in the States so sooner or later this thing is going to FALL HARD & FAST! Yet this thing keeps going...
Very good point. Sooner or later the technicals will catch up.
  • #239,768
  • Jul 21, 2010 2:19am Jul 21, 2010 2:19am
Quoting Honored
sweet. Thats why u trade only 10% with mental SL, so even a 500 pip spike wont hurt u
btw the biggest i have seen was a 700 pip spike

to me its all relative to account size..im not willing to blow all my money on a direction..just imagine, so many right there blow an account and why..cause of nothing...that can happen to any1..and imagine how those people must be thinking..

when i make 1k profit i will risk that higher leverage to make money..but i need the markets money to do that
  • #239,769
  • Jul 21, 2010 2:20am Jul 21, 2010 2:20am
Quoting Allseeingeye
You know I had my finger on the Trigger for short but changed to long at 1.52
I didn't even have time to react.. was making a journal entry, looked up and all I could to is gawk.
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,770
  • Jul 21, 2010 2:20am Jul 21, 2010 2:20am
Well, let the dust settle first and we will see later how the things will develop. Going to re fill my cup of coffee.

damonl, thanks for introducing me this thread.Nice company here..
  • #239,771
  • Jul 21, 2010 2:21am Jul 21, 2010 2:21am
i think i will add long for cable over "cloud" 30m ........ try to touch 200 MA.

fast movement today after slow in asian market ..
  • #239,772
  • Jul 21, 2010 2:21am Jul 21, 2010 2:21am
Yeah the price back to normal....
Keep Simple...!
  • #239,773
  • Jul 21, 2010 2:21am Jul 21, 2010 2:21am
Quoting nAVIN2007
to me its all relative to account size..im not willing to blow all my money on a direction..just imagine, so many right there blow an account and why..cause of nothing...that can happen to any1..and imagine how those people must be thinking..

when i make 1k profit i will risk that higher leverage to make money..but i need the markets money to do that
What do you do when your wife or girlfriend dumps you? Mental stop loss can be dangerous
  • #239,774
  • Jul 21, 2010 2:22am Jul 21, 2010 2:22am
my eyes are on bloomberg waiting for london open. When i glance at my com, i out on -34. It hurts more when u see the price rebound just as fast. its back to +70 if i wasnt stop out...
  • #239,775
  • Jul 21, 2010 2:22am Jul 21, 2010 2:22am
And now back to where we are...
Don't be emo... don't be emo....
  • #239,776
  • Jul 21, 2010 2:23am Jul 21, 2010 2:23am
Just more compression for Dr.D's MA's....
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,777
  • Jul 21, 2010 2:23am Jul 21, 2010 2:23am
Quoting DubaiFX
minutes are Due be carefull guys,
well techinicals suggestsshort at any spike will wait for conformation,
just what i saw on my charts ,
Shorts worked out well..
Still there is room for gbpusd to go down more
lets see....
Don't compare your Trades with Others
  • #239,778
  • Jul 21, 2010 2:24am Jul 21, 2010 2:24am
wow 575 trader on G/U Thread
  • #239,779
  • Jul 21, 2010 2:24am Jul 21, 2010 2:24am
Quoting zoreli
Well, let the dust settle first and we will see later how the things will develop. Going to re fill my cup of coffee.

damonl, thanks for introducing me this thread.Nice company here..
"Keep your eyes on the helpers" - Mr. Rogers
  • #239,780
  • Jul 21, 2010 2:24am Jul 21, 2010 2:24am
Quoting dvdsurplus
What do you do when your wife or girlfriend dumps you? Mental stop loss can be dangerous
i trade monthly, weekly charts so my stop is quite huge and my trades are always less than 1% risk..i also have a very good idea of what i do..i always go with the trend as well..

dont worry i know what im doing

the good news...if price can keep this 4hr up we got a fantastic idea of where she want to go ..hang tight!!!

Quoting DubaiFX
Shorts worked out well..
Still there is room for gbpusd to go down more
lets see....
doubt it unless this 4hr closes bearish
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