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Cable Update (GBPUSD)

  • #319,941
  • Jul 27, 2012 8:41am Jul 27, 2012 8:41am
and gold abiout to plunge 20 USD first to 1595 area
  • #319,942
  • Jul 27, 2012 8:50am Jul 27, 2012 8:50am
Dragging itself to 5787
  • #319,943
  • Jul 27, 2012 8:56am Jul 27, 2012 8:56am
Quoting redbeben
could you at least protect the other 75-80% of your account ?like a hardstop

at the end of the day you only have some 3-5% risk on each trade so far...

live to fight another day mate.not trying to influence any bad move here just caring for your account.

cheers.

closed my shorts out last night at 1.568 at a loss of more than 1200, thought about it all day and the more tired i got staring at the screen the more i had that same thought, live to fight another day, felt better after i closed them so i know it was the correct thing to do. If in doubt i close them out. So far market only moved up 50 pips and then down a few which i could have handled but at least i got a good nights sleep, first one in a week or so, play safe guys..
Money never sleeps...
  • #319,944
  • Jul 27, 2012 8:59am Jul 27, 2012 8:59am
Quoting wasabeclaw
Dragging itself to 5787

if it passes 1.575 the it seems to be
Money never sleeps...
  • #319,945
  • Jul 27, 2012 9:04am Jul 27, 2012 9:04am
sold again @ 1.5750 SL 5785 TP 1.5600
  • #319,946
  • Jul 27, 2012 9:04am Jul 27, 2012 9:04am
Price just touched the 200 ema on the daily chart at 5766. Good place to take profits if long and may be a good place to enter short here.
  • #319,947
  • Jul 27, 2012 9:08am Jul 27, 2012 9:08am
Quoting given2fly
Price just touched the 200 ema on the daily chart at 5766. Good place to take profits if long and may be a good place to enter short here.
a better place to enter short would be 1.5784 to be honest as top H4 kumo and 50%fibo
  • #319,948
  • Jul 27, 2012 9:09am Jul 27, 2012 9:09am
Quoting redbeben
sold again @ 1.5750 SL 5785 TP 1.5600
updated SL to 1.5795
  • #319,949
  • Jul 27, 2012 9:10am Jul 27, 2012 9:10am
How many here are trading today?

How many here are still holding shorts or are initating shorts?

I traded the YEN this morning - that's it for me today. Going to sit and watch for a bit but the week is done for me now.

Posting results.

Faller.
Attached Image (click to enlarge)
Click to Enlarge Name: Yen.png Size: 144 KB
I don't trust any move - when you have profit...take it.
  • #319,950
  • Jul 27, 2012 9:11am Jul 27, 2012 9:11am
1.57500 nice entry to short
take profit 1.56950
sl 1.57800

=)
  • #319,951
  • Jul 27, 2012 9:14am Jul 27, 2012 9:14am
Quoting Faller
How many here are trading today?

How many here are still holding shorts or are initating shorts?

I traded the YEN this morning - that's it for me today. Going to sit and watch for a bit but the week is done for me now.

Posting results.

Faller.

I took a hit on EU opened @ 1.2330 of 30 pips,I took a hit on GU opened @ 1.5713 @ 1.5740 and I still have 252 pips today.

the sells on EU this morning and buy on UCAD + a short USDCHF since 0.9907.

and now I have 7 pips more on GU sell and hope it goes down if not I'll end the day with 200 pips

whatever... told you to go against me on Friday if you want to win.this is the 3rd friday in a row

I have to stress about the importance of SL

a daily close above 1.5784 points out to 1.6260 level
  • #319,952
  • Jul 27, 2012 9:17am Jul 27, 2012 9:17am
Redben I doubt we get that high today I'm really looking for GBP/JPY shorts those looks really dam good right now 123.66-124.22 that area looks prime for them
  • #319,953
  • Jul 27, 2012 9:18am Jul 27, 2012 9:18am
sold EU @ 1.2364 TP 1.2320 first and 1.2310 later and last stop 1.2020

as well we just hit 50% fibo on this one

SL 1.2450 as it is a swing
  • #319,954
  • Jul 27, 2012 9:20am Jul 27, 2012 9:20am
Quoting iNSIELD
Redben I doubt we get that high today I'm really looking for GBP/JPY shorts those looks really dam good right now 123.66-124.22 that area looks prime for them
huh ?

I mean a daily close above the 1.5784 level points out further up.not that today we see 1.6260

or I got it wrong ? it's Friday
  • #319,955
  • Jul 27, 2012 9:23am Jul 27, 2012 9:23am
Well, it might have been risky but then they could have known about it before they have some extensions. Just leave it to the expert.
  • #319,956
  • Jul 27, 2012 9:25am Jul 27, 2012 9:25am
Quoting redbeben
huh ?

I mean a daily close above the 1.5784 level points out further up.not that today we see 1.6260

or I got it wrong ? it's Friday
I dont think we get to 1.5784 today we may see a test next week
  • #319,957
  • Jul 27, 2012 9:28am Jul 27, 2012 9:28am
Quoting Faller
How many here are trading today?

How many here are still holding shorts or are initating shorts?

I traded the YEN this morning - that's it for me today. Going to sit and watch for a bit but the week is done for me now.

Posting results.

Faller.
closed out my shorts at substantial loss yesterday, looking now fro a new entry short, maybe soon 1.5785

what are your thoughts right now? I know you called the bull move, are you ready to short from up here?
Money never sleeps...
  • #319,958
  • Jul 27, 2012 9:36am Jul 27, 2012 9:36am
Quoting iNSIELD
I dont think we get to 1.5784 today we may see a test next week
today is friday,i opened a sell @ 1.5750...it means we go to 1.6 today

the rule is simple

Friday trade against me and you'll have pips
  • #319,959
  • Jul 27, 2012 9:44am Jul 27, 2012 9:44am
Quoting redbeben
sold again @ 1.5750 SL 5785 TP 1.5600
closed half +20 pips
rest BE

screw the market

I also have 2 USD on gold or whatever are the pips called in this stupid thing

Friday it is
  • #319,960
  • Jul 27, 2012 9:50am Jul 27, 2012 9:50am
Quoting iNSIELD
I dont think we get to 1.5784 today we may see a test next week
or you might be right...monthly R touched @1.5767

it means I am safe now ? and the rest of the shorters ?

I hope so for the sake of this tread.

ok
gotta run now to play some tennis .I'm better and better every day.yesterday I won one set @ 2-0

one day maybe I'll beat Nadal
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