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Cable Update (GBPUSD)

  • #259,681
  • Oct 8, 2010 5:52am Oct 8, 2010 5:52am
Quoting nAVIN2007
not so great bro! i got bills comin out of my ar*sehole right now..trading is going well thou..pity about the bills

10k for roof cost
5k tax man..pissed!!

and both mofo wants 5% interest..
10k for your house roof bro?! ain't that a b!$%h!

I say f^!$ em all...I'm getting ready for my place on da beach...you with me homie or what?
Hear the music before the song is over ...
  • #259,682
  • Oct 8, 2010 5:54am Oct 8, 2010 5:54am
Quoting scurt
yep...of course long... at this time dont looks great...time will tell....

well spike was a news, but price was able to close above... thats why I put long orders...
Agreed on all but the bullish candle as their is no downtrend the turn-around of which a bullish candle could signal. However, on my charts you got supp at .5830 to additionally supp your view. Just my understanding of things. Good luck with the trade tho.
  • #259,683
  • Oct 8, 2010 6:03am Oct 8, 2010 6:03am
Scurt

Well done!! It paid off!
  • #259,684
  • Oct 8, 2010 6:03am Oct 8, 2010 6:03am
thank you bro, now +33pips, sl set to BE, alreade Hhigh created, but 1/3 position closed for +25pips because of NFP ahead....

good luck trading...

Quoting AnonYmos
Agreed on all but the bullish candle as their is no downtrend the turn-around of which a bullish candle could signal. However, on my charts you got supp at .5830 to additionally supp your view. Just my understanding of things. Good luck with the trade tho.
Thanks buddy

Quoting Delite
Scurt

Well done!! It paid off! http://cdn.forexfactory.com/images/s.../yim/happy.gif
  • #259,685
  • Oct 8, 2010 6:05am Oct 8, 2010 6:05am
Short @ 15885 25 stop
  • #259,686
  • Oct 8, 2010 6:07am Oct 8, 2010 6:07am
Quoting GlobalMacro
10k for your house roof bro?! ain't that a b!$%h!

I say f^!$ em all...I'm getting ready for my place on da beach...you with me homie or what?
f**k it!! ..any day bro...all i seem to be doing these days is paying bills


hedged my position looking for a few to the downside..as i entered it blew up a bit..lol
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  • #259,687
  • Oct 8, 2010 6:14am Oct 8, 2010 6:14am
can I ask you for reason now going short?

4H candle is bullish (I now it is matter of time zones, but now we are in london
and price looks like respect upward TL, on 15M TF already break through 100 and 200 ema...



Quoting chazzle
Short @ 15885 25 stop
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  • #259,688
  • Oct 8, 2010 6:16am Oct 8, 2010 6:16am
Quoting nAVIN2007
f**k it!! ..any day bro...all i seem to be doing these days is paying bills


hedged my position looking for a few to the downside..as i entered it blew up a bit..lol
A-aight...Deal bro...I'll give you a buzz when I'm down there...meanwhile don't you be all too extravagant with your dough you hear me dawg? coz it's gonna be real down there when the time comes...
Hear the music before the song is over ...
  • #259,689
  • Oct 8, 2010 6:17am Oct 8, 2010 6:17am
Quoting scurt
can I ask you for reason now going short?

4H candle is bullish (I now it is matter of time zones, but now we are in london
and price looks like respect upward TL, on 15M TF already break through 100 and 200 ema...

seems to be in a 50 pip range..usd also has a dailly bullish pin which triggered..im still bullish but im thinking wip saw nf looking to cash a little from down ..if the mofo goes down
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  • #259,690
  • Oct 8, 2010 6:18am Oct 8, 2010 6:18am
Quoting AnonYmos
Come on, mate! One of them wisecracks on the wires with blabla like that all the time. Appropriately referred to as "noise".
Well, i don't know. I'd say, sure anything on forexlive can be taken with a grain of salt. The underlying story, however, was responsible for the spike down. For some reason the St. Louis Fed President was up on CNBC at the crack of dawn saying QE may not be imminent. Now, i'd say he has a better idea than anybody of what the fed is going to do, other than mr. b himself.

Chatter, noise, whatever you call it, it moved the market -- So i posted up.

http://www.businessweek.com/news/201...isks-ease.html
  • #259,691
  • Oct 8, 2010 6:20am Oct 8, 2010 6:20am
Inserted Video



Thank You
  • #259,692
  • Oct 8, 2010 6:21am Oct 8, 2010 6:21am
Quoting wormboy
well imagine the shock i got when I woke up this morning
okay current price is sitting at previous support/resistance level. This is also my line in the sand for the remaining long position which I am holding. If price close below this level I will kill this trade, else I will hold on to it. Emergency stop is placed @1.572

Good luck.
line held. I'm holding the single remaining long i have into the fight
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Thank You
  • #259,693
  • Oct 8, 2010 6:24am Oct 8, 2010 6:24am
thank you for your opinion, always good to know your point of view

Quoting nAVIN2007
seems to be in a 50 pip range..usd also has a dailly bullish pin which triggered..im still bullish but im thinking wip saw nf looking to cash a little from down ..if the mofo goes down
  • #259,694
  • Oct 8, 2010 6:24am Oct 8, 2010 6:24am
i exited alreadty ..f**k the hedge

they make me nervous


Quoting scurt
thank you for your opinion, always good to know your point of view http://cdn.forexfactory.com/images/s...m/thumbsup.gif
your always welcome my friendhttp://cdn.forexfactory.com/images/s...m/thumbsup.gif

i exit cause theres not a lot of room to play with..anything above those 2 lines outway 15 minute chart

those 2 lines i think provide good support and price closed above em on dailly 2 days now
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  • #259,695
  • Oct 8, 2010 6:25am Oct 8, 2010 6:25am
Quoting chazzle
Short @ 15885 25 stop
Stop is now @ BE
  • #259,696
  • Oct 8, 2010 6:32am Oct 8, 2010 6:32am
anything above purple area is bullish as far as im concerned
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  • #259,697
  • Oct 8, 2010 6:32am Oct 8, 2010 6:32am
Quoting nAVIN2007
i exited alreadty ..f**k the hedge

they make me nervous




your always welcome my friendhttp://cdn.forexfactory.com/images/s...m/thumbsup.gif

i exit cause theres not a lot of room to play with..anything above those 2 lines outway 15 minute chart

those 2 lines i think provide good support and price closed above em on dailly 2 days now

lol same here confusing PA i am also out from all shorts and all buy are on expecting it to be up will add more if we dive down yesterday market crashed due to Trichet BS speech otherwise today we may see 61 or above let see what is next..Long in GU n GJ...

Ub
  • #259,698
  • Oct 8, 2010 6:33am Oct 8, 2010 6:33am
Quoting nAVIN2007
anything above purple area is bullish as far as im concerned
i see blue skies
Thank You
  • #259,699
  • Oct 8, 2010 6:37am Oct 8, 2010 6:37am
Quoting wormboy
i see blue skies
i see grey one here in london
im thinking usd news hasnt been good..the reports anyway..weekly has broken the previous high..monthly is up..would make good sense to be long



dailly for 2 days couldnt push the mofo far down...as well
  • #259,700
  • Oct 8, 2010 6:37am Oct 8, 2010 6:37am
I'm long as well....


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