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Cable Update (GBPUSD)

  • #308,541
  • Apr 17, 2012 6:55am Apr 17, 2012 6:55am
Quoting A-speculator
since fiber closed the 1h candle as a shooting star, i will try to get back in on cable at 5960 with stop just above the last high..
Right with you on that one, let's see if we can get some southern pips. I'm just targeting 5910.
Come with me if you want to live....
  • #308,542
  • Apr 17, 2012 7:07am Apr 17, 2012 7:07am
Oh yeah baby.. here comes New York
I trade to live
  • #308,543
  • Apr 17, 2012 7:15am Apr 17, 2012 7:15am
Quoting A-speculator
since fiber closed the 1h candle as a shooting star, i will try to get back in on cable at 5960 with stop just above the last high..
Answer with chart,
No doubt on your analyse man.

good luck
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #308,544
  • Apr 17, 2012 7:18am Apr 17, 2012 7:18am
Good day,

I'm back... are we nearing a top? In my Vodka enduced state - I believe so. Could wery well still jump up a bit - but 1.60 may be a stretch.( just my opinion)

To my charts I go...

All success for those currently in positions.

Regards
  • #308,545
  • Apr 17, 2012 7:58am Apr 17, 2012 7:58am
Good day to you,

Since it's radio silence on the thread - just published my new book... only $29.90..I only have 100 copies.(Oh, it's been backtested as well)

It's full of fun.

Regards
Attached Image
  • #308,546
  • Apr 17, 2012 8:03am Apr 17, 2012 8:03am
Quoting TauTrader
Good day to you,

Since it's radio silence on the thread - just published my new book... only $29.90..I only have 100 copies.(Oh, it's been backtested as well)

It's full of fun.

Regards
I'll take all 100, please. Please let me have your Paypal account details and password.
Gone to a better place
  • #308,547
  • Apr 17, 2012 8:11am Apr 17, 2012 8:11am
Quoting smikester
I'll take all 100, please. Please let me have your Paypal account details and password.
Hehe,

I'm gonna be banned to the commercial section....

Drop me a PM and we can talk.. oh - shipping is $ 199.00 per copy. Just thought I'll throw it in there.... And I have witnesses...

The Paypal account does not exist. I only take Western Union.

But thanks for the support.

Regards to you sir
  • #308,548
  • Apr 17, 2012 8:17am Apr 17, 2012 8:17am
I am shorting in massive way
5950 TP 5850
5911 TP 5850
5916 TP 5830
5904 TP 5850

Does not look good now but I am a patient guy.No panics here.Cable is becoming my favorite pair to trade now.
In trading, you have to be defensive and aggressive at the same time
  • #308,549
  • Apr 17, 2012 8:19am Apr 17, 2012 8:19am
Quoting Davit
I am shorting in massive way
5950 TP 5850
5911 TP 5850
5916 TP 5830
5904 TP 5850

Does not look good now but I am a patient guy.No panics here.
Hey Davit, would it be possible to state why? Maybe post a chart?
Gone to a better place
  • #308,550
  • Apr 17, 2012 8:27am Apr 17, 2012 8:27am
Quoting smikester
Hey Davit, would it be possible to state why? Maybe post a chart?
Charts don't speak about PA
EU is extremely weak and she is ready for prime fall and she will drug cable with her. With 80% correlation its unavoidable.
You got to be patient.I build a position.I break down my orders in 4 or more and continuously sell until all orders are in that way I get better numbers.
This may take few days but she will get there.Here is my chart anyway.
My 5950 order is already in 10 pips in profit Target 100 pips
forgot to add my SL's all placed beyond 6100 so no spike can touch.I know its overkill but I rather not think about being stopped out.
Attached Image (click to enlarge)
Click to Enlarge Name: cable2.gif Size: 20 KB
In trading, you have to be defensive and aggressive at the same time
  • #308,551
  • Apr 17, 2012 8:38am Apr 17, 2012 8:38am
Quoting Davit
Charts don't speak about PA
EU is extremely weak and she is ready for prime fall and she will drug cable with her. With 80% correlation its unavoidable.
You got to be patient.I build a position.I break down my orders in 4 or more and continuously sell until all orders are in that way I get better numbers.
This may take few days but she will get there.Here is my chart anyway.
My 5950 order is already in 10 pips in profit Target 100 pips
Thank you. See just talking has made it move. I agree with most of what you said, for what it's worth.
Gone to a better place
  • #308,552
  • Apr 17, 2012 8:40am Apr 17, 2012 8:40am
Good day to you,

Let's go into discussion...

Answer this - who would trade currency during our "closed" market over week-ends?

Like on Saturdays?

Would love to hear input.

Regards
  • #308,553
  • Apr 17, 2012 8:41am Apr 17, 2012 8:41am
She is sure falling now
In trading, you have to be defensive and aggressive at the same time
  • #308,554
  • Apr 17, 2012 8:49am Apr 17, 2012 8:49am
Quoting smikester
Thank you. See just talking has made it move. I agree with most of what you said, for what it's worth.
You may have already doing this but I found breaking one big order into 4 smaller orders is beneficial.This way if your 1st order not working or some NEWS is screwing the PA then your loss will only be 25% of your normal order but if its working then you could place rest of orders on high dips.
Advantage also you could take profit on different stages thus increase your account.I let my biggest Leg stretch the longest.
In trading, you have to be defensive and aggressive at the same time
  • #308,555
  • Apr 17, 2012 8:52am Apr 17, 2012 8:52am
Quoting Ill-b-back
Right with you on that one, let's see if we can get some southern pips. I'm just targeting 5910.
yeah, let's hope for more down pressure on cable.. price has been moving so slow, i fell asleep waiting for the move..
  • #308,556
  • Apr 17, 2012 8:52am Apr 17, 2012 8:52am
Quoting TauTrader
Good day to you,

Let's go into discussion...

Answer this - who would trade currency during our "closed" market over week-ends?

Like on Saturdays?

Would love to hear input.

Regards
Good day,

I really need input from the clever guys on the forum... why is it that trading takes place when our "closed" markets are in effect?

Who will be trading on a Saturday?

Let me hear your input.

Regards
  • #308,557
  • Apr 17, 2012 8:53am Apr 17, 2012 8:53am
Quoting UbuFamily
Oh yeah baby.. here comes New York
wah, byk dapat pip ari nie bro.. lol..

apa macam?
  • #308,558
  • Apr 17, 2012 8:53am Apr 17, 2012 8:53am
Quoting bguguen
Indeed testing as we speak
Attachment
No surprise for me about the fall though... i did say 1.5960 was key as there is a resistance up there.... once it failed to break i knew it was gona drop... hence the reason i shorted at 1.5940...
Easy peasy...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #308,559
  • Apr 17, 2012 8:54am Apr 17, 2012 8:54am
Quoting TauTrader
Hehe,

I'm gonna be banned to the commercial section....

Drop me a PM and we can talk.. oh - shipping is $ 199.00 per copy. Just thought I'll throw it in there.... And I have witnesses...

The Paypal account does not exist. I only take Western Union.

But thanks for the support.

Regards to you sir

Hi there !?
can I have one ??
Golden Goose Return This Month: na
  • #308,560
  • Apr 17, 2012 8:56am Apr 17, 2012 8:56am
Quoting TauTrader
Good day,

I really need input from the clever guys on the forum... why is it that trading takes place when our "closed" markets are in effect?

Who will be trading on a Saturday?

Let me hear your input.

Regards
Only the big boys trade between themselves in Closed market, no retail is gona do anything...
big boys trade between themselves in closed market because when you have for instance an earthquake happening in Japan on a saturday for example... these big boys want in Longing the yen first so when Retail market opens they'll be 200+ pips in the green
Given the fact people Bought Yen after an earthquake because they believe the japanese economy can recover from that fukushima earthquake incident...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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