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Cable Update (GBPUSD)

  • #263,461
  • Nov 5, 2010 3:26am Nov 5, 2010 3:26am
Quoting GlobalMacro
in a situation like this it's important to not make yourself stand against her...let her calm down and then get into the flow...

as for NFP market's expecting strong figures buying up the dough as I have been going into the numbers

I'm working on some new ideas & evaluating some new projects so I'm a little busy w/ offline business but I try to post more when I get the chance to do so bro...
Your advice is always priceless bro. Wishing you the best of success in your new projects.
You've got to be IN IT to WIN IT!
  • #263,462
  • Nov 5, 2010 3:36am Nov 5, 2010 3:36am
Gm u r one of the finest trader on forexfactory
  • #263,463
  • Nov 5, 2010 3:48am Nov 5, 2010 3:48am
Quoting Dayboy001
Very Quiet in here this morning.

Long@ 1.62
SL@ 1.6160
TP@ 1.6240

Reason touch and bounce off (my) intraday pivot 1.61905
Bailed @ -28 didn't like the PA and the fact V.good news couldn't move it up !!

should've moved SL to B/E !!! argghh !!

Live and learn
  • #263,464
  • Nov 5, 2010 3:59am Nov 5, 2010 3:59am
Price is back at the previous 4hr swing hi zone that stretches down to 6131...the breeched weekly R1, 38.2% 5960-6297, 23.6% 5727 and 50% 6131 to same 6297 hi the 3 x fib cluster 6163-69. 80% of the 20day average pip range has been achieved today so far, 104% of same weekly average so far this week.


Breaking here will be back for 1/2 hr or so leading up to and beyond U.s Nfp-always good fun !!

G/L
ex member
  • #263,465
  • Nov 5, 2010 4:08am Nov 5, 2010 4:08am
Quoting Dayboy001
Bailed @ -28 didn't like the PA and the fact V.good news couldn't move it up !!

should've moved SL to B/E !!! argghh !!

Live and learn
Well done for using your MM and not keeping it going to -2000+ pips down like some lol. We all have losses from time to time but the most important thing is to be able to have the tools to fight another day.
You've got to be IN IT to WIN IT!
  • #263,466
  • Nov 5, 2010 4:18am Nov 5, 2010 4:18am
Very belated morning to everyone

Only Just logged in....its a very hectic time at work at the moment.

I see cable as gone down nicely, did everyone catch the trip down?

Darren
Enter Signature
  • #263,467
  • Nov 5, 2010 4:23am Nov 5, 2010 4:23am
Quoting Ifty
Your advice is always priceless bro. Wishing you the best of success in your new projects.
Thanks bro...all the best to you too!
Hear the music before the song is over ...
  • #263,468
  • Nov 5, 2010 4:25am Nov 5, 2010 4:25am
Quoting bonus76
Gm u r one of the finest trader on forexfactory
thanks for the kind words Bonus...
Hear the music before the song is over ...
  • #263,469
  • Nov 5, 2010 4:27am Nov 5, 2010 4:27am
Quoting darrenware
Very belated morning to everyone

Only Just logged in....its a very hectic time at work at the moment.

I see cable as gone down nicely, did everyone catch the trip down?

Darren
If by catch the trip you mean being dragged kicking and screaming shouting

GO UP GO UP!!!

Only to finally bail and now see it going up like the rocket it should have done after the news !!

Should have stuck to my original SL !!!

Then yes I caught the trip down.
  • #263,470
  • Nov 5, 2010 4:30am Nov 5, 2010 4:30am
Quoting darrenware
Very belated morning to everyone

Only Just logged in....its a very hectic time at work at the moment.

I see cable as gone down nicely, did everyone catch the trip down?

Darren
Morning, although it's nearly lunch time Darren

Yes thanks made my morning as it went slightly past my 1.6174 target...
  • #263,471
  • Nov 5, 2010 4:31am Nov 5, 2010 4:31am
I have had the same feeling on many occasions....its not fun!

The trick is not to scream for too long and get out

You'll get it back


Quoting Dayboy001
If by catch the trip you mean being dragged kicking and screaming shouting

GO UP GO UP!!!

Then yes I caught the trip down.
Enter Signature
  • #263,472
  • Nov 5, 2010 4:32am Nov 5, 2010 4:32am
Quoting AdrianHNV
Morning, although it's nearly lunch time Darren

Yes thanks made my morning as it went slightly past my 1.6174 target...
Nice
Enter Signature
  • #263,473
  • Nov 5, 2010 4:33am Nov 5, 2010 4:33am
Quoting darrenware
Very belated morning to everyone

Only Just logged in....its a very hectic time at work at the moment.

I see cable as gone down nicely, did everyone catch the trip down?

Darren
If by catch the trip you mean being dragged kicking and screaming shouting

GO UP GO UP!!!

Then yes I caught the trip down.

Only to now see it go up like a rocket !! like it should have done post news !!.

I think thats me done for the day/week i am in serious risk of revenge trading and thats not good !!
  • #263,474
  • Nov 5, 2010 4:34am Nov 5, 2010 4:34am
GG
Attached Image (click to enlarge)
Click to Enlarge Name: gbpussdddd.gif Size: 15 KB
  • #263,475
  • Nov 5, 2010 4:34am Nov 5, 2010 4:34am
what was this spike?
  • #263,476
  • Nov 5, 2010 4:35am Nov 5, 2010 4:35am
Quoting darrenware
I have had the same feeling on many occasions....its not fun!

The trick is not to scream for too long and get out

You'll get it back

Looks like someone let the 'cat-out-of-the-bag'
  • #263,477
  • Nov 5, 2010 4:38am Nov 5, 2010 4:38am
Quoting bbmac
Move off yesterday's 6297 (Weekly R2) Hi breeched the steepest 1hr ascending trendline to the downside...price has mnade a current 6179 lo. Current near-term 1hr screenshot below, the recovery off the lows finding fresh supply around the 38.2% of the fall from 6297 to such 6179 lo...price challenging the 1hr previous swing lo zone around that lo now...

U.s Nfp due later.

G/L


http://www.easy-upload.net/fichiers/z.2010115111740.gif
did you entry at 1,6165 mate?

I did
  • #263,478
  • Nov 5, 2010 4:39am Nov 5, 2010 4:39am
Quoting letscry
what was this spike?
that was the spike of death, killing sellers
  • #263,479
  • Nov 5, 2010 4:40am Nov 5, 2010 4:40am
Yeah I did not even see it happen....did not get chance to move my TP up a bit more got 32 pips though better than nothing

Was not my order that did the spike lol....well not with 0.5 lot anyways
Enter Signature
  • #263,480
  • Nov 5, 2010 4:42am Nov 5, 2010 4:42am
Not usre why that posted twice but just to let you know I'm sat here unable to believe my eyes !!

I am sure it has happened to all of us !!
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