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Cable Update (GBPUSD)

  • #248,501
  • Aug 25, 2010 2:44am Aug 25, 2010 2:44am
Trading 10 pps at £20 a pip for 1 hours work , or spending all day and trading for 80-100 pips at £2.00 a pip ?
  • #248,502
  • Aug 25, 2010 2:48am Aug 25, 2010 2:48am
Quoting joemiami
Looks like support held. Long at 5398
Joined you @ 1.5400, USDX seems capped
Don't be a hero. Don't have an ego. Always question yourself
  • #248,503
  • Aug 25, 2010 2:55am Aug 25, 2010 2:55am
For those who took it long. Protect your profits.
All the EMA charts from 1m - 4h are pointing down.

Dr. D.
  • #248,504
  • Aug 25, 2010 2:55am Aug 25, 2010 2:55am
should be able to reach 5500.....but will she breach it or use U.S. durable orders data to retrace down again
  • #248,505
  • Aug 25, 2010 2:56am Aug 25, 2010 2:56am
Just got out with a quick 22 pips.
  • #248,506
  • Aug 25, 2010 2:57am Aug 25, 2010 2:57am
Quoting Scipionz
Happy trigger!?
Very happy this morning....... Another near perfect correlation trade back up with +39 pips.......... Let her goooooooooooo
  • #248,507
  • Aug 25, 2010 2:57am Aug 25, 2010 2:57am
Quoting fourxtrader
For those who took it long. Protect your profits.
All the EMA charts from 1m - 4h are pointing down.

Dr. D.
I do not see that right now on my charts.
  • #248,508
  • Aug 25, 2010 2:57am Aug 25, 2010 2:57am
W formation working
booked +35 pips in short span

will joine long again if crosses 1.5446


regards
Nishant
  • #248,509
  • Aug 25, 2010 2:58am Aug 25, 2010 2:58am
Quoting cvarnado
Just got out with a quick 22 pips.
why get out so quickly ?
  • #248,510
  • Aug 25, 2010 2:59am Aug 25, 2010 2:59am
Quoting joemiami
why get out so quickly ?
Quick scalp. I am a pretty safe trader.
  • #248,511
  • Aug 25, 2010 3:01am Aug 25, 2010 3:01am
Why is this acting so heavy now?

Saw the news.....
  • #248,512
  • Aug 25, 2010 3:01am Aug 25, 2010 3:01am
Quoting Makeveli
Trading 10 pps at £20 a pip for 1 hours work , or spending all day and trading for 80-100 pips at £2.00 a pip ?
When your like I am and I suspect many others here, it's better to use a smaller $ per pip than a bigger $ per pip.... Just in case it goes wrong.

Once more 'capable' I will adjust my $ pip values accordingly.

Not in any hurry too blow my account, am looking at this as a looooong term business and wish to get it as right as possible, before either putting in big bucks or even possibly earning big bucks. Although in all honesty I will be happy when I am able to earn what i need to replace my other business interests incomes
  • #248,513
  • Aug 25, 2010 3:02am Aug 25, 2010 3:02am
Quoting LostMyShirt
Why is this acting so heavy now?
Wondering the same thing.
  • #248,514
  • Aug 25, 2010 3:02am Aug 25, 2010 3:02am
Still short?! Hehe!
"Flip that coin!"
  • #248,515
  • Aug 25, 2010 3:03am Aug 25, 2010 3:03am
just earn a 51.5 pips from eurusd just now. Confident that GBPUSD will follow closely behind eurusd to hit 1.546 at least
  • #248,516
  • Aug 25, 2010 3:07am Aug 25, 2010 3:07am
Quoting AdrianHNV
Very happy this morning....... Another near perfect correlation trade back up with +39 pips.......... Let her goooooooooooo
Nice done!!
"Flip that coin!"
  • #248,517
  • Aug 25, 2010 3:09am Aug 25, 2010 3:09am
Quoting joemiami
should be able to reach 5500.....but will she breach it or use U.S. durable orders data to retrace down again
If it reaches 5500, I'll stay in business
Don't be a hero. Don't have an ego. Always question yourself
  • #248,518
  • Aug 25, 2010 3:10am Aug 25, 2010 3:10am
Quoting Makeveli
Trading 10 pps at £20 a pip for 1 hours work , or spending all day and trading for 80-100 pips at £2.00 a pip ?
Make plan to get 80-100 pips every day is also very dangerous way to trade. I would say that most safe amount is 40-50 pips in a day.
  • #248,519
  • Aug 25, 2010 3:13am Aug 25, 2010 3:13am
Quoting fxoxford
i been long since 1.5390, t/p 1.5715
still long at 1.5390, t/p 1.5715, s/l 1.5300. good luck to all
  • #248,520
  • Aug 25, 2010 3:14am Aug 25, 2010 3:14am
anyone smell short here or just compression for pop to upside??
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