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Cable Update (GBPUSD)

  • #308,481
  • Apr 16, 2012 8:10pm Apr 16, 2012 8:10pm
Quoting A-speculator
i'm looking to short cable at 5900 with stop at 5920..

there's reasons why i think cable might move south especially on how the aussie, swissy and candy PA atm..
thanks. I have taken some trades based on your views and recovered from my earlier losses. Hope you keep posting your views and analysis.
Weigh well output the loss and gain And proper action ascertain
  • #308,482
  • Apr 16, 2012 8:16pm Apr 16, 2012 8:16pm
Quoting usasa
Any levels to watch out?
Ordinarily I would watch 5850, but with mum and dad coming over for dinner tonight, I probably won't.
Come with me if you want to live....
  • #308,483
  • Apr 16, 2012 8:20pm Apr 16, 2012 8:20pm
Good day to you all,

Just popping in with a thought for the day...

And a thank you for all the contributions / discussions and banter. It's appreciated.

Warm regards
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  • #308,484
  • Apr 16, 2012 8:24pm Apr 16, 2012 8:24pm
Quoting TauTrader
Good day to you all,

Just popping in with a thought for the day...

And a thank you for all the contributions / discussions and banter. It's appreciated.

Warm regards
Come with me if you want to live....
  • #308,485
  • Apr 16, 2012 8:31pm Apr 16, 2012 8:31pm
Quoting TauTrader
Good day to you all,

Just popping in with a thought for the day...

And a thank you for all the contributions / discussions and banter. It's appreciated.

Warm regards
not euphoria follower
  • #308,486
  • Apr 16, 2012 9:07pm Apr 16, 2012 9:07pm
Quote

Quote

Good day to you, Gents


I believe we all feel the same way. Look - I have not been around for a few months - but I can honestly say that the general quality of contribution here has improved tremendously in recent times. For that, one needs to thank the people posting. From A - Z.

Do not get me wrong - one has to be extremely passionate about your conviction / view. You are allowed to be. It's yours. One just needs to take care not to get personal. It's really as simple as that. There are a few strong personalities here. Debate is encouraged - that's what it's all about. That is how we learn. ( I know I do)

I'm the very last person to preach anything - trust me.

I'm just hoping to see mutual respect during discussion. If you have never been wrong - then tell me to piss off and delete this crap.

Wish you all succes
  • #308,487
  • Apr 16, 2012 9:23pm Apr 16, 2012 9:23pm
Quoting TauTrader
Good day to you, Gents


I believe we all feel the same way. Look - I have not been around for a few months - but I can honestly say that the general quality of contribution here has improved tremendously in recent times. For that, one needs to thank the people posting. From A - Z.

Do not get me wrong - one has to be extremely passionate about your conviction / view. You are allowed to be. It's yours. One just needs to take care not to get personal. It's really as simple as that. There are a few strong personalities here. Debate is encouraged...
Shall I cast the first stone
Come with me if you want to live....
  • #308,488
  • Apr 16, 2012 9:29pm Apr 16, 2012 9:29pm
Quoting Ill-b-back
Shall I cast the first stone
Hehe - you may do so. But remember the broom for the glass...

All good, sir.

What is your view on GU going into today?
  • #308,489
  • Apr 16, 2012 9:30pm Apr 16, 2012 9:30pm
nice words and humble
Quoting TauTrader
Good day to you, Gents


I believe we all feel the same way. Look - I have not been around for a few months - but I can honestly say that the general quality of contribution here has improved tremendously in recent times. For that, one needs to thank the people posting. From A - Z.

Do not get me wrong - one has to be extremely passionate about your conviction / view. You are allowed to be. It's yours. One just needs to take care not to get personal. It's really as simple as that. There are a few strong personalities here. Debate is encouraged...
not euphoria follower
  • #308,490
  • Apr 16, 2012 9:38pm Apr 16, 2012 9:38pm
Quoting iqyu5an
nice words and humble
Any longer term view on GU going into today? What do you see?

Trade well!

Regards
  • #308,491
  • Apr 16, 2012 9:56pm Apr 16, 2012 9:56pm
Quoting TauTrader
Hehe - you may do so. But remember the broom for the glass...

All good, sir.

What is your view on GU going into today?
Very hard to pick, I can only think we need to break 58 for the downside watching 5770, 5693 5629, 56. Upside, not sure as I hadn't factored in a reversal/retrace that we saw yesterday, it was surprising and I'm not at charts.
Come with me if you want to live....
  • #308,492
  • Apr 16, 2012 10:04pm Apr 16, 2012 10:04pm
Quoting Ill-b-back
Very hard to pick, I can only think we need to break 58 for the downside watching 5770, 5693 5629, 56. Upside, not sure as I hadn't factored in a reversal/retrace that we saw yesterday, it was surprising and I'm not at charts.
Thank you -

Appreciated.
  • #308,493
  • Apr 16, 2012 10:07pm Apr 16, 2012 10:07pm
Quoting TauTrader
Thank you -

Appreciated.
If I was buying, 5850 would also be of interest dep on PA, but I'll be enjoying the company of my folks so good day to take off for me also
Don't go anywhere please Tau, I think we need you
Come with me if you want to live....
  • #308,494
  • Apr 16, 2012 10:40pm Apr 16, 2012 10:40pm
Morning.
I have for cable the following to the downside and upside as targets in case I'd trade it.

Shorts for : 1.5777 - 1.5675 - 1.5592 - 1.5512
Longs: 1.5927 - 1.5990 - 1.6041 - 1.6093

These are based on 3 days PA.
  • #308,495
  • Apr 16, 2012 10:56pm Apr 16, 2012 10:56pm
Quoting Ill-b-back
If I was buying, 5850 would also be of interest dep on PA, but I'll be enjoying the company of my folks so good day to take off for me also
Don't go anywhere please Tau, I think we need you
Good day to you,

Enjoy time with loved ones - very important.

- not needed. I'm A dummy trader - see avatar.

Enjoy the break!

Regards
  • #308,496
  • Apr 16, 2012 11:15pm Apr 16, 2012 11:15pm
Quoting TauTrader
Good day to you,

Enjoy time with loved ones - very important.

- not needed. I'm A dummy trader - see avatar.

Enjoy the break!

Regards
Well, your trading had been quite good lately. As a self appointed, very, very temporary spokesperson for "the mob" I say we need you and you words Tau. I am now relieved of my self appointed position.
Come with me if you want to live....
  • #308,497
  • Apr 16, 2012 11:38pm Apr 16, 2012 11:38pm
Quoting Ill-b-back
Well, your trading had been quite good lately. As a self appointed, very, very temporary spokesperson for "the mob" I say we need you and you words Tau. I am now relieved of my self appointed position.
Good day to you,

Don't be like the government - you cannot just pass the buck. Besides - i'm a male - I can only do one thing at a time. I prefer to either drink Vodka or draw pictures.

Back to trading... could we be heading for a new low? Next 30 min may be telling... will lock in a little more - just in case.

Regards
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  • #308,498
  • Apr 16, 2012 11:59pm Apr 16, 2012 11:59pm
Good day,

Will see how price behaves on the level marked 1. Then, should it break - will follow price to 2 - see how it behaves, if 2 breaks will follow to 3 and see - then 4 if price continues.

If price breaks decending fan and finds support, I'll exit.

Regards
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  • #308,499
  • Apr 17, 2012 12:18am Apr 17, 2012 12:18am
Quoting TauTrader
Good day,

Will see how price behaves on the level marked 1. Then, should it break - will follow price to 2 - see how it behaves, if 2 breaks will follow to 3 and see - then 4 if price continues.

If price breaks decending fan and finds support, I'll exit.

Regards
Good day to you - not to worry. Got stopped out for like 5 pips. What a candle! - wish I had one like that.

Now sideline

Regards
  • #308,500
  • Apr 17, 2012 12:38am Apr 17, 2012 12:38am
Quoting TauTrader
Good day to you - not to worry. Got stopped out for like 5 pips. What a candle! - wish I had one like that.

Now sideline

Regards
not euphoria follower
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