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Cable Update (GBPUSD)

  • #311,961
  • May 8, 2012 12:12am May 8, 2012 12:12am
drank 8 stella's - cost 2.50 each - total cost 20 bucks....

short 4 million for 1 pip - profit = $250.00

going to call it a night....now I understand why cloggie would post his 1.4 pip trades......shit - if you go big enough half a pip can make the day!!!!! go cloggie you are the best!
I don't trust any move - when you have profit...take it.
  • #311,962
  • May 8, 2012 12:15am May 8, 2012 12:15am
Quoting Faller
ah shit....just when I thought I knew what i was doing......now I am soooo confused.
Quote
OMG so much for simples

Gentlemen,

Hehe - I thought I would post some levels that may assist newer members here. That was the aim...

I'm sure you are both confused now..

Trade well
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  • #311,963
  • May 8, 2012 12:18am May 8, 2012 12:18am
Time to sell?
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  • #311,964
  • May 8, 2012 12:19am May 8, 2012 12:19am
Quoting HoangTuan
Your post made me quit FX , sound complicated 8-}
Good day to you,

My apology - not the intention. I am withdrawing my post. Those levels do not exist. Forget them.

FX should not be complicated.

All success to you, my friend

Trade well
  • #311,965
  • May 8, 2012 12:22am May 8, 2012 12:22am
Quoting Faller
drank 8 stella's - cost 2.50 each - total cost 20 bucks....

short 4 million for 1 pip - profit = $250.00

going to call it a night....now I understand why cloggie would post his 1.4 pip trades......shit - if you go big enough half a pip can make the day!!!!! go cloggie you are the best!
Yes you right......this trick only can be applied when we are 100% sure...otherwise if it going to opposite direction you will burn your head because of lot size.....be carefull mate....this is like a trap......
  • #311,966
  • May 8, 2012 12:23am May 8, 2012 12:23am
Quoting TauTrader
Good day to you,

Below a summary of some numbers that may have an influence on PA in the short term. If any interest..

1) The Thurday close of last week @ 1.61748
2) 50% line of the month's range @ 1.61793
3) Todays open @ 1.61883
4) Parallel trendline or SR level and yesterday high @ 1.61951
5) Friday high @ 1.61999/1.6200

A few obsticles to get through - agreed...

6) The 50% line of this week ( still early in the week - so not strong) @ 1.61544
7) Friday close @ 1.61485
8) Friday low @ 1.61392
9) Weekly open @ 1.61318...
Reminds me of that famous line "You want the TRUTH?, you CAN'T HANDLE the TRUTH"
Come with me if you want to live....
  • #311,967
  • May 8, 2012 12:28am May 8, 2012 12:28am
Morning , so playing well around gu & perhaps continue more in the white circle or even come forwards bo upside ( after pb) while eu still gap filling continue with continue break attempts limits .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #311,968
  • May 8, 2012 12:30am May 8, 2012 12:30am
Quoting Ill-b-back
Reminds me of that famous line "You want the TRUTH?, you CAN'T HANDLE the TRUTH"
Good day to you, sir

I sometimes look at all these levels one has to take into consideration and I think to myself...Welcome To Facebook...

Well, that was the last of those type of posts for me... took time and scared me. Unproductive.

I'm sticking my head in the ground going forward..

All success for the day ahead - i'm leaving for more meetings. Will be back in 6-7 hours.

Warm regards
  • #311,969
  • May 8, 2012 12:33am May 8, 2012 12:33am
Quoting TauTrader
Good day to you, sir

I sometimes look at all these levels one has to take into consideration and I think to myself...Welcome To Facebook...

Well, that was the last of those type of posts for me... took time and scared me. Unproductive.

I'm sticking my head in the ground going forward..

All success for the day ahead - i'm leaving for more meetings. Will be back in 6-7 hours.

Warm regards
Good day to you bro, just playin', would pay a small fortune to be looking over your shoulder.
Come with me if you want to live....
  • #311,970
  • May 8, 2012 12:42am May 8, 2012 12:42am
Current retail sentiment shows shorts closing their positions, but still being bearish cable. Positioning suggests choppy price action. Was expecting a 1.62-1.60 range this week and would expect London to make the high today and then price fall back, but am also expecting quick spikes so would look just for shorts scalping in and out. Any large bullish candles or price breaking over 1.6250 will make me stand aside from cable until a clearer picture appears. But cable still being hard to trade and would advise less experienced traders stay clear, as the beast really wants to margin call you whatever position you take.
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  • #311,971
  • May 8, 2012 12:49am May 8, 2012 12:49am
Quoting Flatfish
Current retail sentiment shows shorts closing their positions, but still being bearish cable. Positioning suggests choppy price action. Was expecting a 1.62-1.60 range this week and would expect London to make the high today and then price fall back, but am also expecting quick spikes so would look just for shorts scalping in and out. Any large bullish candles or price breaking over 1.6250 will make me stand aside from cable until a clearer picture appears. But cable still being hard to trade and would advise less experienced traders stay clear,...
The bull still not clear untill 1.6200 resistance done.....targetting 5-10 pips in this situation sound good for bull and bear.....agree with you...i am long at 1.6175, targetting for just mentioned pips....
  • #311,972
  • May 8, 2012 12:57am May 8, 2012 12:57am
Quoting Faller
do you think we can hit 1.6120 tonight?
Don't think so
New voice message: Why are you calling me? If I need you, I'll call you!
  • #311,973
  • May 8, 2012 12:59am May 8, 2012 12:59am
Quoting Faller
good cuz I am short 1 million from 1.6190 - looking for 50 pips......but I am not sure 1.6120 is in the cards....so should probably go long 2 million from current price as a hedge....? good idea?
No
New voice message: Why are you calling me? If I need you, I'll call you!
  • #311,974
  • May 8, 2012 12:59am May 8, 2012 12:59am
Quoting Faller
ok I will double my short to 2 million and double my long to 4 million......

should cover any indecision in the market?
I would add a zero if I were you
New voice message: Why are you calling me? If I need you, I'll call you!
  • #311,975
  • May 8, 2012 1:01am May 8, 2012 1:01am
Quoting Faller
I am going to drink one more Stella and short another 2 million....
Belgium beer?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #311,976
  • May 8, 2012 1:02am May 8, 2012 1:02am
Quoting KillerWhale
Belgium beer?

yes.....would pass you one but not sure how to do that.......
I don't trust any move - when you have profit...take it.
  • #311,977
  • May 8, 2012 1:05am May 8, 2012 1:05am
Quoting Faller
yes.....would pass you one but not sure how to do that.......
Ehhhhhhhhhhhhhhhh, not real easy, but hey I have Heiniken here
New voice message: Why are you calling me? If I need you, I'll call you!
  • #311,978
  • May 8, 2012 1:12am May 8, 2012 1:12am
Stuff it, I'm giving my ea a run this week.
Come with me if you want to live....
  • #311,979
  • May 8, 2012 1:14am May 8, 2012 1:14am
Quoting Ill-b-back
Stuff it, I'm giving my ea a run this week.

WTF is that?

I mean welcome to face book and can you share what you mean?
I don't trust any move - when you have profit...take it.
  • #311,980
  • May 8, 2012 1:15am May 8, 2012 1:15am
Quoting Ill-b-back
Stuff it, I'm giving my ea a run this week.

did u just short everything.....markets dropped....oil dropped....gold and silver dropped.......u messin with us?
I don't trust any move - when you have profit...take it.
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