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Cable Update (GBPUSD)

  • #276,141
  • Apr 12, 2011 10:30am Apr 12, 2011 10:30am
Quoting ndsouz
I changed my stoploss to 1.6199 .. when it fell in london i entered about 14lots long at 1.6245.. exited all the trades at 1.6320. total loss 17500.
Respect.
  • #276,142
  • Apr 12, 2011 10:41am Apr 12, 2011 10:41am
its all the day i got out @BE
now......
again long
Attached Image (click to enlarge)
Click to Enlarge Name: gusdh1.jpg Size: 111 KB
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  • #276,143
  • Apr 12, 2011 10:52am Apr 12, 2011 10:52am
Quoting PoundTrader
perhaps i can will this thing down to 1.6177
im still pushing, bulls got a little strong for a min. lets see if she hit my t/p 1.6177
  • #276,144
  • Apr 12, 2011 10:57am Apr 12, 2011 10:57am
Tomorrow is going to be interesting.

I'm out
Attached Image (click to enlarge)
Click to Enlarge Name: gu10008.gif Size: 37 KB
  • #276,145
  • Apr 12, 2011 11:11am Apr 12, 2011 11:11am
Quoting _BBKing_
its all the day i got out @BE
now......
again long
I'm out of the game. Still quite unstable. Probably need to watch out for tomorrow.
  • #276,146
  • Apr 12, 2011 11:18am Apr 12, 2011 11:18am
Quoting _BBKing_
its all the day i got out @BE
now......
again long

i closed.
waitin for better setup....
90% of traders use TA, indicators and prediction
  • #276,147
  • Apr 12, 2011 11:19am Apr 12, 2011 11:19am
Quoting PoundTrader
im still pushing, bulls got a little strong for a min. lets see if she hit my t/p 1.6177

looks like 6180 can come
i dont know if on this daily candle or tomorrow.

anyway for longs i better wait a bit...
90% of traders use TA, indicators and prediction
  • #276,148
  • Apr 12, 2011 11:20am Apr 12, 2011 11:20am
Quoting 0rPhioZ
I'm out of the game. Still quite unstable. Probably need to watch out for tomorrow.
90% of traders use TA, indicators and prediction
  • #276,149
  • Apr 12, 2011 5:19pm Apr 12, 2011 5:19pm
Quoting ndsouz
I changed my stoploss to 1.6199 .. when it fell in london i entered about 14lots long at 1.6245.. exited all the trades at 1.6320. total loss 17500.
A combination of things to get you out of a pickle. Personally not something I would do but thanks for posting.
  • #276,150
  • Apr 12, 2011 5:22pm Apr 12, 2011 5:22pm
Quoting TauTrader
Tomorrow is going to be interesting.

I'm out
Looking fairly bullish on h1 at the moment if 1.6215 holds!
  • #276,151
  • Apr 12, 2011 5:25pm Apr 12, 2011 5:25pm
Quoting bbakker
Looking fairly bullish on h1 at the moment if 1.6215 holds!
is that a typo or did you mean 6251?
  • #276,152
  • Apr 12, 2011 5:38pm Apr 12, 2011 5:38pm
Quoting bbakker
A combination of things to get you out of a pickle. Personally not something I would do but thanks for posting.
I hope that's not real money, or is at least less than 2% of your account.
  • #276,153
  • Apr 12, 2011 5:38pm Apr 12, 2011 5:38pm
Quoting AllyB
is that a typo or did you mean 6251?
I am looking at my h1 chart as follows -

Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 59 KB


If it breaks 1.6215, we should see 1.61.
  • #276,154
  • Apr 12, 2011 5:42pm Apr 12, 2011 5:42pm
Quoting Low
I hope that's not real money, or is at least less than 2% of your account.
You are quoting the wrong person here! ndsouz is trading with real money. Made $75,000 last week. Check their profile and posts here
  • #276,155
  • Apr 12, 2011 5:46pm Apr 12, 2011 5:46pm
how long to you plan on waiting before you go long if it doesnt break?
  • #276,156
  • Apr 12, 2011 6:03pm Apr 12, 2011 6:03pm
Quoting mpurdy1973
how long to you plan on waiting before you go long if it doesnt break?
To be honest, I haven't got much love for cable right now. I shorted AUDJPY (still open), AUDNZD (still open) and EURJPY (stopped out) at week opening (Sunday) which are still open and apart from a EU and SLV shorts today (closed) and a NZDUSD long last night (20 pips and then stopped out at BE), nothing else. It was my daughter's birthday on Monday, so I spent most of the day running around after children and putting her Playmobil school set together, which took me 5 hours!

I will get up early and see where Frankie takes us before making any decisions, I am not much for trading the Asia session.
  • #276,157
  • Apr 12, 2011 6:04pm Apr 12, 2011 6:04pm
Quoting bbakker
You are quoting the wrong person here! ndsouz is trading with real money. Made $75,000 last week. Check their profile and posts here
Sorry bout the misquote. Hell, if a $17K loss is comfortable, more power to him.
  • #276,158
  • Apr 12, 2011 6:13pm Apr 12, 2011 6:13pm
Quoting bbakker
To be honest, I haven't got much love for cable right now. I shorted AUDJPY, AUDNZD and EURJPY (stopped out) at week opening (Sunday) which are still open and apart from a EU and SLV shorts today (closed), nothing else. It was my daughter's birthday on Monday, so I spent most of the day running around after children and putting her Playmobil school set together, which took me 5 hours!

I will get up early and see where Frankie takes us before making any decisions, I am not much for trading the Asia session.

thanx. everything is in the middle could go either way. i dont trade for my job, just for fun; however, i would like to start to get more evolved in between by work (software). actually i did pretty good this week, up 20% (was long the jpy acrossed the broad - however, i only have a very small toy trading account until i become consistent) now i am flat. anyway, how are you doing this year? where do you think the cable, eurusd and the *jpy are going over the next few months? seem like the dollar cant do much. but gbp and eur are not much better???
  • #276,159
  • Apr 12, 2011 6:20pm Apr 12, 2011 6:20pm
Quoting bbakker
I am looking at my h1 chart as follows -

Attachment

If it breaks 1.6215, we should see 1.61.
ahhh .... got ya

thanks!
  • #276,160
  • Apr 12, 2011 6:30pm Apr 12, 2011 6:30pm
Quoting mpurdy1973
thanx. everything is in the middle could go either way. i dont trade for my job, just for fun; however, i would like to start to get more evolved in between by work (software). actually i did pretty good this week, up 20% (was long the jpy acrossed the broad - however, i only have a very small toy trading account until i become consistent) now i am flat. anyway, how are you doing this year? where do you think the cable, eurusd and the *jpy are going over the next few months? seem like the dollar cant do much. but gbp and eur are not much better???...
Nice

Crap January, Excellent Febuary, March was OK and a good start to April. I am still fine tuning and I am in no rush as I also have a full-time job. I will be in Amsterdam next week at a customer's site for 3 days. I am for the most part office based.

EU is either going to turn here (Short order at 1.4560 with SL at 1.4590) or more likely around 1.5. I see cable at $2 eventually, but it is going to be a slow move up. We might see a bigger retracement before 1.7, but otherwise yo-yo up to 2.0 which might take a couple of years. I am now bearish on JPY, although I am currently bullish as I see this as a possible retracement before we continue in the direction of the G7 intervention.
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