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Cable Update (GBPUSD)

  • #271,081
  • Feb 6, 2011 2:18pm Feb 6, 2011 2:18pm
Quoting kaspopsicle
If you've not got scrubbed up yet...could i come round to play for a couple of hours? Plz.


Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #271,082
  • Feb 6, 2011 2:22pm Feb 6, 2011 2:22pm
Quoting Magix


Great ,went down the beach today and got some more sand for the pit.
All systems of divination, like music itself,work through patterns.
  • #271,083
  • Feb 6, 2011 2:33pm Feb 6, 2011 2:33pm
Quoting chazzle
$2 by end of week... like your new thread btw...will be dropping by now and then...
chazzle !

dont get it, what do u mean with 2 $ by end of week? : p
Hero calls followed by margin calls...
  • #271,084
  • Feb 6, 2011 6:39pm Feb 6, 2011 6:39pm
Quoting kaspopsicle
Great ,went down the beach today and got some more sand for the pit.
Not sure where yer going with that Kas, but now that I am all clean n shaven, I am still feeling a little dirty...but the good kinda dirty...

My 5kth post to you KAS!

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #271,085
  • Feb 6, 2011 7:34pm Feb 6, 2011 7:34pm
Just went short on gbpusd with 25 pip SL, chart attached.
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  • #271,086
  • Feb 6, 2011 9:00pm Feb 6, 2011 9:00pm
Got stopped out. Bitter lesson of being tempted to trade, gbpusd trading at 1.6116-1.6130
  • #271,087
  • Feb 6, 2011 9:29pm Feb 6, 2011 9:29pm
Quoting FxChartist
Got stopped out. Bitter lesson of being tempted to trade, gbpusd trading at 1.6116-1.6130
Actually it's a lesson on where to place stop losses. The obvious one here should be above the NFP spike high @ 16151 on the bid.

Good luck to ya.
"Timing Is Everything. Really I Swear It Is"
  • #271,088
  • Feb 6, 2011 9:36pm Feb 6, 2011 9:36pm
Quoting TexasforEX
Actually it's a lesson on where to place stop losses. The obvious one here should be above the NFP spike high @ 16151 on the bid.

Good luck to ya.
Thanks. From what I saw in your post you are pretty bearish? If yes, I absolutely follow that assumption but I should really work on placing SLs at the right place and timing my entries.

And what do you mean in NFP spike, if you can explain to me either verbally or graphically that'd be appreciated! thanks.
  • #271,089
  • Feb 6, 2011 10:45pm Feb 6, 2011 10:45pm
Quoting FxChartist
Thanks. From what I saw in your post you are pretty bearish? If yes, I absolutely follow that assumption but I should really work on placing SLs at the right place and timing my entries.

And what do you mean in NFP spike, if you can explain to me either verbally or graphically that'd be appreciated! thanks.
maybe he mean this one..,(see the chart)

do you know NFP? if not see last week Friday news, if still don't know try google it..,
Attached Image (click to enlarge)
Click to Enlarge Name: NFP.JPG Size: 36 KB
I will be the number one Manager.
  • #271,090
  • Feb 6, 2011 10:47pm Feb 6, 2011 10:47pm
Quoting javapips
maybe he mean this one..,(see the chart)

do you know NFP? if not see last week Friday news, if still don't know try google it..,
ok, now i understand thanks.
  • #271,091
  • Edited 1:42am Feb 7, 2011 1:31am | Edited 1:42am
I am long from .6135 based on the following:

1. After being rejected 3 times since summer 2009, price have finally break above the trendline. Would be a waste just to break it and then go all the way down.

Attached Image (click to enlarge)
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2. If we zoom in closer, we could see that price have break and have actually retest the trendline and bounce back up. My target is the blue line, which is the next resistance.

Attached Image (click to enlarge)
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  • #271,092
  • Feb 7, 2011 2:14am Feb 7, 2011 2:14am
untradeable.

Attached Image (click to enlarge)
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Hero calls followed by margin calls...
  • #271,093
  • Feb 7, 2011 2:43am Feb 7, 2011 2:43am
Earned my 7 pips and closed. had short at 6180
  • #271,094
  • Feb 7, 2011 2:45am Feb 7, 2011 2:45am
Quoting veer2010
Earned my 7 pips and closed. had short at 6180
at 6180 ? when did u enter? lol

u should have had more then +40 pips in the meantime?!
Hero calls followed by margin calls...
  • #271,095
  • Feb 7, 2011 2:55am Feb 7, 2011 2:55am
Quoting PhAnTi'
at 6180 ? when did u enter? lol

u should have had more then +40 pips in the meantime?!
I entered just 10 mins back..now the price is back above 6180.... i will enter short again at 6195
  • #271,096
  • Edited 3:55am Feb 7, 2011 2:59am | Edited 3:55am
PhAnTi'
Please, can you tell me which indicator is horisontal blue line on your chart (supply/demand)?
  • #271,097
  • Feb 7, 2011 3:07am Feb 7, 2011 3:07am
Quoting veer2010
i entered just 10 mins back..now the price is back above 6180.... I will enter short again at 6195
what your tp?? Sl i guess above the last high
  • #271,098
  • Feb 7, 2011 3:09am Feb 7, 2011 3:09am
Quoting Azinvg
what your tp?? Sl i guess above the last high
I'm doing scalping now..so my TP is 10-15 pips only..
  • #271,099
  • Feb 7, 2011 3:20am Feb 7, 2011 3:20am
Quoting The Captain
Lets' make some money Mag. Is she headed back to support at 1.6000 or will buyers send her back up from here? That's one ugly looking daily candle.. My guess is either lower from here, or back up 30 pips before we head down.
Hello Everyone !
  • #271,100
  • Feb 7, 2011 3:22am Feb 7, 2011 3:22am
WTF is going on with FXCM? I cant login to my mobile trading platform and given time out error..this is happening several times nowadays.. anyone can suggest me any other good broker pls?
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