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  • #640,861
  • May 7, 2012 2:56pm May 7, 2012 2:56pm
Quoting BlueGas
Im watching 3079 to short it, if we go for stops now
If it gets there it is a good place to short
New voice message: Why are you calling me? If I need you, I'll call you!
  • #640,862
  • May 7, 2012 2:57pm May 7, 2012 2:57pm
Quoting KillerWhale
Yes why?
Just wondering where ur SL is?
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #640,863
  • May 7, 2012 3:03pm May 7, 2012 3:03pm
Quoting KillerWhale
Yes, personally I think it could be enough, but my preference would be 1.3110
I think that if it goes above the 3066 with enough momentum I am cutting my losses early.
I have been fortunate to open 2 positions at 2969 which I closed at 3020 I should have kept them longer but I didn't fancy holding them after the data release this morning in Germany I saw the price retracing fast so I thought that 50 pips would have been enough for the day so I went to play golf.
But now I saw the double top on the 1hr-2hr-3hr so I thought I give it a go.
  • #640,864
  • May 7, 2012 3:06pm May 7, 2012 3:06pm
Quoting Avir
Just wondering where ur SL is?

Far away, a little above 1.3100.
It is a small entry though
New voice message: Why are you calling me? If I need you, I'll call you!
  • #640,865
  • May 7, 2012 3:10pm May 7, 2012 3:10pm
Quoting KillerWhale
Far away, a little above 1.3100.
It is a small entry though
Ta, I am so much under water on Cable for the past few weeks so i am not touching any other pairs till i am at least BE on cable. But just watching EUhttp://www.forexfactory.com/images/icons/icon14.gif
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #640,866
  • May 7, 2012 3:12pm May 7, 2012 3:12pm
Quoting Avir
Ta, I am so much under water on Cable for the past few weeks so i am not touching any other pairs till i am at least BE on cable. But just watching EUhttp://www.forexfactory.com/images/icons/icon14.gif
How much underwater are you?
are you practicing good mm?
  • #640,867
  • May 7, 2012 3:14pm May 7, 2012 3:14pm
Already short 1.306 on that 5minute g. doji, 6 pip stop in case we go higher first
An opportunity lost is not a capital cost.
  • #640,868
  • May 7, 2012 3:16pm May 7, 2012 3:16pm
Quoting pips-scout
How much underwater are you?
are you practicing good mm?
Oh, pls dont ask me how much under water on Cable but i am under water since 18th apr, yes Practicing MM
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #640,869
  • May 7, 2012 3:18pm May 7, 2012 3:18pm
I've been watching the percentage of shorters at Oanda grow all day today. is that happening because of technical reasons (my chart is pointing towards 1.28/7 as some time soon target) or people are that afraid of socialist France? or both? today is confusing.
  • #640,870
  • May 7, 2012 3:18pm May 7, 2012 3:18pm
Quoting Avir
Ta, I am so much under water on Cable for the past few weeks so i am not touching any other pairs till i am at least BE on cable. But just watching EUhttp://www.forexfactory.com/images/icons/icon14.gif
Are you long or short on cable?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #640,871
  • May 7, 2012 3:18pm May 7, 2012 3:18pm
Market close in few min. Be patient is all I'm saying.
  • #640,872
  • May 7, 2012 3:18pm May 7, 2012 3:18pm
Quoting KillerWhale
Are you long or short on cable?
Short
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #640,873
  • May 7, 2012 3:20pm May 7, 2012 3:20pm
Quoting KillerWhale
Are you long or short on cable?

He said smth about 18th april so I'd gues he's short since 1,60 ~ level
  • #640,874
  • May 7, 2012 3:21pm May 7, 2012 3:21pm
8 day EMA at around 1.3080-90.
An opportunity lost is not a capital cost.
  • #640,875
  • May 7, 2012 3:21pm May 7, 2012 3:21pm
Quoting Avir
Oh, pls dont ask me how much under water on Cable but i am under water since 18th apr, yes Practicing MM
I shorted at the same time too
I shorted just below 16000 thinking it would retrace 50 pips but it kept going on and on and on.
ended cutting my losses at 70+ pips.
I made a promise not to touch that pair again.
it was announced that the UK had slipped back in recession and the cable kept going up.
Good luck with your positon
  • #640,876
  • May 7, 2012 3:24pm May 7, 2012 3:24pm
Quoting pkimnyc
Market close in few min. Be patient is all I'm saying.
I thought it closed already
Is it 21:25 in UK I thought that us closed at 21:00.
Or is it the nasdaq that closes at :21:00
  • #640,877
  • May 7, 2012 3:25pm May 7, 2012 3:25pm
Quoting Avir
Short
I that case I can only say 1 thing.

Cut your losses.

GU needs to break 1.6060 for you to make a chance and I don't see that happen. If you stay in it, that's counter productive.
It keeps you from better trades and paralizes you.
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  • #640,878
  • May 7, 2012 3:27pm May 7, 2012 3:27pm
Bulls still quite strong, this week gonna be interesting, 3150 also possible or retracment to 3030 first. currently S1 pivot holding 3049
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  • #640,879
  • May 7, 2012 3:30pm May 7, 2012 3:30pm
Quoting pips-scout
I shorted at the same time too
I shorted just below 16000 thinking it would retrace 50 pips but it kept going on and on and on.
ended cutting my losses at 70+ pips.
I made a promise not to touch that pair again.
it was announced that the UK had slipped back in recession and the cable kept going up.
Good luck with your positon
Thanks I need that GL, in fact i shorted at 6028, thought i am going to TP somewhere at 5850. I thought the same that technically GB was in recession and it would go down but it kept going up, now i have decided to wait. I moved my SL few times but now i have set it at 6350 ( which i can afford to loose ) and decided not move it anymore.
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #640,880
  • May 7, 2012 3:32pm May 7, 2012 3:32pm
Quoting Avir
Thanks I need that GL, in fact i shorted at 6028, thought i am going to TP somewhere at 5850. I thought the same that technically GB was in recession and it would go down but it kept going up, now i have decided to wait. I moved my SL few times but now i have set it at 6350 ( which i can afford to loose ) and decided not move it anymore.
I think there is a good chance it will get there to be honest.
let me ask you a question.
would you short it now??
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