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Cable Update (GBPUSD)

  • #259,741
  • Oct 8, 2010 7:56am Oct 8, 2010 7:56am
Quoting wormboy
yes it does, almost everyday.

the thing is tho, this can be marked down and kill the hopefull longs before making a final u turn at or after the nfp later.
there's that uturn to the dp.
Thank You
  • #259,742
  • Oct 8, 2010 7:57am Oct 8, 2010 7:57am
Quoting bbakker
And coming straight back down! I hope you cashed in!
nah, I'm holding the trade.
Thank You
  • #259,743
  • Oct 8, 2010 7:59am Oct 8, 2010 7:59am
Quoting wormboy
nah, I'm holding the trade.
killer retracement....
what the fuck!


so keep long?
Hero calls followed by margin calls...
  • #259,744
  • Oct 8, 2010 7:59am Oct 8, 2010 7:59am
wow, what crazy pa, eu down to test trendline at 3840 in a blink of an eye, seems to hold,

does anybody think the bad nfp numbers could bring more QE speculations the next days?
  • #259,745
  • Oct 8, 2010 8:00am Oct 8, 2010 8:00am
cable doesnt seem to like taking commands


Quoting wormboy
flllllllllllllllllllyyyyyyyyyyyyyyy

http://www.youtube.com/watch?v=M11SvDtPBhA
  • #259,746
  • Oct 8, 2010 8:01am Oct 8, 2010 8:01am
What's going on? EUR was shooting up. All of a sudden in less than 10 minutes USD started crushing it down. It literally just cost me many pips. Who intervened???
  • #259,747
  • Oct 8, 2010 8:02am Oct 8, 2010 8:02am
Quoting jacob_ice
What's going on? EUR was shooting up. All of a sudden in less than 10 minutes USD started crushing it down. It literally just cost me many pips. Who intervened???
i only dropped 120 pips.... hold ur long positions buddy
Hero calls followed by margin calls...
  • #259,748
  • Oct 8, 2010 8:02am Oct 8, 2010 8:02am
Quoting jacob_ice
What's going on? EUR was shooting up. All of a sudden in less than 10 minutes USD started crushing it down. It literally just cost me many pips. Who intervened???
soros
  • #259,749
  • Oct 8, 2010 8:03am Oct 8, 2010 8:03am
Quoting PhAnTi'
killer retracement....
what the fuck!


so keep long?
lol yea. we were trading a lot lower a few hours ago & I was holding on to my long. We're trading higher now, I won't change my mind until I get stopped or take profit
Thank You
  • #259,750
  • Oct 8, 2010 8:03am Oct 8, 2010 8:03am
Quoting jacob_ice
What's going on? EUR was shooting up. All of a sudden in less than 10 minutes USD started crushing it down. It literally just cost me many pips. Who intervened???
I warned people earlier... stay out of the market on NFP day unless you know how to trade it.

http://www.forexfactory.com/showthre...99#post4082799

No intervention... It is lack of liquidity. Smart players are staying out of the market and watching from the sidelines!
  • #259,751
  • Oct 8, 2010 8:04am Oct 8, 2010 8:04am
there are many revisions from last 6 months if i´m not wrong,
this can cause the big volatility
  • #259,752
  • Oct 8, 2010 8:04am Oct 8, 2010 8:04am
Quoting __UnknowN__
cable doesnt seem to like taking commands
lol no, best I keep my mouth shut!
Thank You
  • #259,753
  • Oct 8, 2010 8:05am Oct 8, 2010 8:05am
this retracement crushe dmy week so far...hope long positions will be good in few minutes....

-.-
Hero calls followed by margin calls...
  • #259,754
  • Oct 8, 2010 8:05am Oct 8, 2010 8:05am
Quoting PhAnTi'
this retracement crushe dmy week so far...hope long positions will be good in few minutes....

-.-
did i mention that i hate forex?^^
Hero calls followed by margin calls...
  • #259,755
  • Oct 8, 2010 8:08am Oct 8, 2010 8:08am
loading long on 5875 again for another quickie again... ...NFP...Friday...and Quickies....gotta f*"king love this..
Hear the music before the song is over ...
  • #259,756
  • Oct 8, 2010 8:08am Oct 8, 2010 8:08am
Quoting PhAnTi'
this retracement crushe dmy week so far...hope long positions will be good in few minutes....

-.-
first time trading the nfp?
Thank You
  • #259,757
  • Oct 8, 2010 8:08am Oct 8, 2010 8:08am
Job losses mainly in government.
Industry (what counts) as expected
1.6000 shorts where stopped at 1.5900

Waiting for Wholesale Inventories and market settling down before deciding to re-enter shorts.
Don't be a hero. Don't have an ego. Always question yourself
  • #259,758
  • Oct 8, 2010 8:09am Oct 8, 2010 8:09am
On one of my 1min feeds I had a whol;e reversal candle closing outside the 10bol (blue) which is a very very rare event...also a breech of various overbought channels on 1 andf 5min that contain 95%+ of price action...@ that 1hr potential SBR zone and it was a good opportunity...savage pullback though, down to 76.4% of the immediate 5min move up on nfp data...and a nice hidden divergence set-up on 1min....

Sell the 1st Hi-Buy the 1st pullback...not looking as pretty on eurusd !!

Done for day, Have a good w/e

G/L
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 1403 1min reentry 2.gif Size: 22 KB
ex member
  • #259,759
  • Oct 8, 2010 8:10am Oct 8, 2010 8:10am
Quoting GlobalMacro
loading long on 5875 again for another quickie again... ...NFP...Friday...and Quickies....gotta f*"king love this..
alrite
Thank You
  • #259,760
  • Oct 8, 2010 8:10am Oct 8, 2010 8:10am
Quoting nAVIN2007
soros
Man! Should've closed my profit sooner.
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