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Cable Update (GBPUSD)

  • #311,501
  • May 4, 2012 7:46am May 4, 2012 7:46am
Quoting PoundTrader
chop half my trades for 34 pips, so if my s/l get hit still be up for the week. good luck to all
you good, real good
  • #311,502
  • May 4, 2012 7:47am May 4, 2012 7:47am
you sure understand how MM work
  • #311,503
  • May 4, 2012 7:49am May 4, 2012 7:49am
did you guys notice the market dont react to NFP untill the following week. this market change every few years this is why 95% fail
  • #311,504
  • May 4, 2012 7:51am May 4, 2012 7:51am
If the blue horizontal line at 2.03 fails to contain - there are two on the chart for potential SR levels - you may be looking at a steady rise...

Your decision, but if I was 50/60% of my account down, I'd be cutting in order to live another day. Add to this the possible fact that you are stacked on lot size, and your room for reprieve is even less. If you stay in, I would not recommend moving your SL in the hope of...

7k, may be a lot, but I'd rather walk away with 3K, as opposed to nothing.

Refunding an account to trade with the magic 10k retailer level is an additional loss, no matter what psychology occurs in the head when seeing the account balance back up.
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Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #311,505
  • May 4, 2012 7:51am May 4, 2012 7:51am
That's me for the week...2 way flows persist - is this support stronng or what ? For the bears at least the bottom has been tested so any return test may get thru it to the downside ?

G/L all.
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ex member
  • #311,506
  • May 4, 2012 7:51am May 4, 2012 7:51am
Low taken ,please keep an eye on



Quoting Bones
Hi BG sell NZD
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,507
  • May 4, 2012 7:54am May 4, 2012 7:54am
Quoting 45Condor
If the blue horizontal line at 2.03 fails to contain - there are two on the chart for potential SR levels - you may be looking at steady rise...

Your decision, but if I was 50/60% of my account down, I'd be cutting in order to live another day. Add to this the possible fact that you are stacked on lot size, and your room for reprieve is even less. If you stay in, I would not recommend moving your SL in the hope of...

7k, may be a lot, but I'd rather walk away with 3K, as opposed to nothing.

Refunding an account to trade with the magic...
has it failed yet?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #311,508
  • May 4, 2012 7:54am May 4, 2012 7:54am
Where we headed??
  • #311,509
  • May 4, 2012 7:55am May 4, 2012 7:55am
Quoting bguguen
has it failed yet?
...what failed?
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #311,510
  • May 4, 2012 7:55am May 4, 2012 7:55am
TL ?

down is stronger jpy

Quoting Bones
h4
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,511
  • May 4, 2012 7:56am May 4, 2012 7:56am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
one more visit I expect lower to gather spike pips back then back to square one....NFP is bad however unemployment rate had lowered for some bizzare reason so mixed data hence mixed trading result will prevail.


Quoting Bones
Low taken ,please keep an eye on
  • #311,512
  • May 4, 2012 7:58am May 4, 2012 7:58am
Quoting 45Condor
...what failed?
your first sentence goes if 2.03 etc etc fails to contain it will be a sustain rise...
i wonder what you mean by fail to contain... what candle close are you thinking about??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #311,513
  • May 4, 2012 7:58am May 4, 2012 7:58am
Quoting Nachiket
QE3 is coming in June or August as I see
I only follow to Bernake.
Whatever he says i take that the truth is the opposite.
Before US elections he wont go to QE3 as is known that Republicans have non-QE policy to their agenda.
There shall be no QE3
  • #311,514
  • May 4, 2012 8:03am May 4, 2012 8:03am
Hi Bguguen,

I crudely plotted two blue horizontal lines on the charts, with the first one at 2.03, and where price is currently moving north to. I assume that you are short, and I was saying that if this is a resistance that will be broken, a rise to the second horizontal line at 2.1XX may be coming in the next few days/weeks.

...currently having a problem with my MT4 platform, and so cannot see if the 2.03XX mark has borken. Will check anyway, as I am interested to learn of the direction...

Quoting bguguen
your first sentence goes if 2.03 etc etc fails to contain it will be a sustain rise...
i wonder what you mean by fail to contain... what candle close are you thinking about??
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #311,515
  • May 4, 2012 8:04am May 4, 2012 8:04am
Crunch time


Quoting Bones
?

btw not always right
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #311,516
  • May 4, 2012 8:04am May 4, 2012 8:04am
Quoting Makavelli7
Prepare for LIFTOFF!
Good day to you,

Let us hope it does not turn into this... Just pulling your leg.

Got long on EU and got +18. Left Cable. We will battle again in the near future... you are almost at BE!
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  • #311,517
  • May 4, 2012 8:05am May 4, 2012 8:05am
Quoting 45Condor
Hi Bguguen,

I crudely plotted two blue horizontal lines on the charts, with the first one at 2.03, and where price is currently moving north to. I assume that you are short, and I was saying that if this is a resistance that will be broken, a rise to the second horizontal line at 2.1XX may be coming in the next few days/weeks.

...currently having a problem with my MT4 platform, and so cannot see if the 2.03XX mark has borken. Will check anyway, as I am interested to learn of the direction...
well it topped out at 2.0310, and dropped back below it now.... so yea dont quite understand what you mean by broken...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #311,518
  • May 4, 2012 8:10am May 4, 2012 8:10am
Good day to you,

The wallet was dropped @ 1.6153 - oh oh...

Will she collect?

Trade well
  • #311,519
  • May 4, 2012 8:10am May 4, 2012 8:10am
Quoting TauTrader
Good day to you,

Let us hope it does not turn into this... Just pulling your leg.

Got long on EU and got +18. Left Cable. We will battle again in the near future... you are almost at BE!
kool tragedy! where did this happen?
The only way not to think about money is to have a great deal of it
  • #311,520
  • May 4, 2012 8:13am May 4, 2012 8:13am
Cable movement either up or down is very slow nowadays as compare to years ago
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