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Cable Update (GBPUSD)

  • #270,761
  • Feb 1, 2011 4:25pm Feb 1, 2011 4:25pm
Quoting kaspopsicle
Do you ever get around.... coming over this way anytime?
I always been a bit of a sucker for a slow dance with a pretty girl...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #270,762
  • Feb 1, 2011 4:36pm Feb 1, 2011 4:36pm
Quoting Ctic
Hi Kas,

It's real hard to say what eveything is attributed to. I think it really is a combinatin of many things. Stocks in of themselves are a different beast than the Forex is although the principals are the same.

When you go to buy and sell a stock or whatever, the market maker sets a firm bid and ask price. What makes the markets liquid is that there you can get in and out of your positions at will. Here is the problem. In order to have a transaction you need to have a buyer and a seller. Without it you can't have the transaction. So if...
Wow.
Thankyou so much for taking time to reply.
have bookmarked for tomorrows reading,....i'm sliding into crashzone right now
Conversation anywhere elsewhere would be good for me, will keep checking your thread.

i feel a bit silly saying this...but...

trade well my friend
Kas x
All systems of divination, like music itself,work through patterns.
  • #270,763
  • Feb 1, 2011 4:47pm Feb 1, 2011 4:47pm
Quoting Magix
I always been a bit of a sucker for a slow dance with a pretty girl...

I am pretty slow at picking up.....but i've always liked ermmm.. a good ermm.
Well .....just call me a sucker for good taste.

'Aight i'll never get to sleep now.....
All systems of divination, like music itself,work through patterns.
  • #270,764
  • Feb 1, 2011 5:52pm Feb 1, 2011 5:52pm
Quoting Magix
I always been a bit of a sucker for a slow dance with a pretty girl...

Lol.. It is seen from your picture
  • #270,765
  • Feb 1, 2011 6:01pm Feb 1, 2011 6:01pm
Quoting gsantri
Lol.. It is seen from your picture


So, GS...What we looking at for Asian into Frankie?

Show us the way wise one!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #270,766
  • Feb 1, 2011 6:18pm Feb 1, 2011 6:18pm
Quoting Magix


So, GS...What we looking at for Asian into Frankie?

Show us the way wise one!

Itchy finger lol..

Break the rule and trying a small short though no signal here
If this 17 pips SL hit and she break daily open then I will buy.

Regards
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  • #270,767
  • Feb 1, 2011 6:38pm Feb 1, 2011 6:38pm
Quoting gsantri
Itchy finger lol..

Break the rule and trying a small short though no signal here
If this 17 pips SL hit and she break daily open then I will buy.

Regards
M30 MACD red, and price below Daily Roll, so, could be onto something there...

If price is rejected @ daily roll, we could be looking for a retrace to daily pivot, currently sitting about...16103....

Pretty strong bulls we got running, but heck, wouldn't be fun if ya didn't try sneak a couple counters...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #270,768
  • Feb 1, 2011 6:58pm Feb 1, 2011 6:58pm
Quoting Magix
M30 MACD red, and price below Daily Roll, so, could be onto something there...

If price is rejected @ daily roll, we could be looking for a retrace to daily pivot, currently sitting about...16103....

Pretty strong bulls we got running, but heck, wouldn't be fun if ya didn't try sneak a couple counters...

Thanks Master, was a relief
  • #270,769
  • Feb 1, 2011 11:52pm Feb 1, 2011 11:52pm
Quoting Magix
M30 MACD red, and price below Daily Roll, so, could be onto something there...

If price is rejected @ daily roll, we could be looking for a retrace to daily pivot, currently sitting about...16103....

Pretty strong bulls we got running, but heck, wouldn't be fun if ya didn't try sneak a couple counters...

I still think we are in for a bit of the shortside action, although I am not as willing to jump into it as gs. I did a small one last night and got it pounded up my ass. Things almost look to bullish but hey wtf... go with it until it bucks you. I do want to see a break of of the November high before I look for continued long action. As for right now, I sit and wait. I rather be out of a trade wishing I had one, then in a trade wishing I was out.

C.
  • #270,770
  • Feb 2, 2011 12:00am Feb 2, 2011 12:00am
Quoting Ctic
I rather be out of a trade wishing I had one, then in a trade wishing I was out.

C.
Very well said
  • #270,771
  • Feb 2, 2011 12:03am Feb 2, 2011 12:03am
Quoting Ctic
I still think we are in for a bit of the shortside action, although I am not as willing to jump into it as gs. I did a small one last night and got it pounded up my ass. Things almost look to bullish but hey wtf... go with it until it bucks you. I do want to see a break of of the November high before I look for continued long action. As for right now, I sit and wait. I rather be out of a trade wishing I had one, then in a trade wishing I was out.

C.
I am with you on that, but until I see what I need to see for me to wanna hop on a long ride down, I will hammer the quick n dirties...

I have taken a buttload of shorts on cable over the last couple days...took a buttload of longs too, but I am only in for a spin around the dance floor not into wedding bells...

Near as I can figure, EU gotta hammer down to the H4 200EMA, and I was thinking that should be this week...Maybe it is, Maybe it isn't...When that happens, we are bound to see cable follow side saddle with the action.

Really C, it really don't make a whole lotta difference to me. I am leary about longs at current, but not quite convinced of shorts...

Yeah, I will keep trading like a Polish Sex Manual...
Step 1. In
Step 2. Out
Repeat if necessary...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #270,772
  • Feb 2, 2011 12:19am Feb 2, 2011 12:19am
Quoting Magix

Yeah, I will keep trading like a Polish Sex Manual...
Step 1. In
Step 2. Out
Repeat if necessary...

hope you could repeat old man..,


it's so boring if we have no position, want to go long but scare where should SL be placed, want to short, market looks tricky...better sleeping right now..
I will be the number one Manager.
  • #270,773
  • Feb 2, 2011 12:32am Feb 2, 2011 12:32am
Quoting javapips
it's so boring if we have no position, want to go long but scare where should SL be placed, want to short, market looks tricky...better sleeping right now..
Dare I say, looks to be time to start buying the dips again...

EU starting to get a little jiggy, believe cable bound to follow.

Quoting javapips
hope you could repeat old man..,
Uh...not that old...only quick trades...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #270,774
  • Feb 2, 2011 12:52am Feb 2, 2011 12:52am
Quoting Ctic
I still think we are in for a bit of the shortside action, although I am not as willing to jump into it as gs. I did a small one last night and got it pounded up my ass. Things almost look to bullish but hey wtf... go with it until it bucks you. I do want to see a break of of the November high before I look for continued long action. As for right now, I sit and wait. I rather be out of a trade wishing I had one, then in a trade wishing I was out.

C.
Hi C,
That small short paid me -11 pips. covered some from long afterward. am flat now.

As Magix said just 'quick in and out' no matter whether it is complete or get complaint.

But I heard someone ask for repeated
  • #270,775
  • Feb 2, 2011 1:00am Feb 2, 2011 1:00am
Cable has hit the weekly downward trend line. On the weekly the right hand shoulder formation is still in play, until the previous high of 1.6297 is taken out. Based on this I'm short. - Current SL is 1.6325 - Target is the 0.50 Fib at 1.5760. Might take a few days to get there but patience is the name of the game!
May the forex be with you |
  • #270,776
  • Feb 2, 2011 1:47am Feb 2, 2011 1:47am
FXOpen ECN server is OFFLINE!!!

FXOpen Website is OFFLINE!!!

Im screwed if this goes up and I cant close trades if my margin is at risk.
  • #270,777
  • Feb 2, 2011 2:01am Feb 2, 2011 2:01am
Could make 3 white soldiers today ... 16300 and 16600 in sight ... pullbacks look no lower than 16000 at the moment and a reverse H&S spotted on Daily too...
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  • #270,778
  • Feb 2, 2011 2:03am Feb 2, 2011 2:03am
[quote=Exsilium;4364014
Im screwed if this goes up and I cant close trades if my margin is at risk.
[/QUOTE]

Try calling them...
  • #270,779
  • Feb 2, 2011 2:06am Feb 2, 2011 2:06am
Quoting chazzle
Try calling them...
Cant even get on their website to get Live Support, let alone a phone number.

Im at a critical point, about 120% margin... if it goes much higher ill have a margin call and Ill loose over 10k.
  • #270,780
  • Feb 2, 2011 2:09am Feb 2, 2011 2:09am
Quoting Exsilium
Cant even get on their website to get Live Support, let alone a phone number.

Im at a critical point, about 120% margin... if it goes much higher ill have a margin call and Ill loose over 10k.
FXOpen ECN is now online again. Took a while to update prices, and when it did the charts show a 20+ pip up move that I was unable to deal with.
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