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Cable Update (GBPUSD)

  • #320,541
  • Aug 3, 2012 4:54am Aug 3, 2012 4:54am
Quoting bguguen
all this move pre-NFP is just rubbish to me... id rather wait to see what the NFP is gona come out and get ready to be disappointed bulls...
With Europe's sudden change of heart towards Bond buying and UK's lack of QE... im pretty sure Ben will keep his mouth shut.... Regardless if NFP is good or bad... he just wont talk QE3... probably just a little sugar to get you all hyped up before he sprinkles salt on your wounds...


You keep waiting....I will keep trading......

Closing and going to get some sleep......

Faller.
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I don't trust any move - when you have profit...take it.
  • #320,542
  • Aug 3, 2012 4:57am Aug 3, 2012 4:57am
Re Daily t/f - now that's what I call an overall price action (opa) range !

Will NFP react shake us out of it ?

G/L
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ex member
  • #320,543
  • Aug 3, 2012 4:57am Aug 3, 2012 4:57am
Quoting bguguen
all this move pre-NFP is just rubbish to me... id rather wait to see what the NFP is gona come out and get ready to be disappointed bulls...
With Europe's sudden change of heart towards Bond buying and UK's lack of QE... im pretty sure Ben will keep his mouth shut.... Regardless if NFP is good or bad... he just wont talk QE3... probably just a little sugar to get you all hyped up before he sprinkles salt on your wounds...

and again I have to stress out to protect the winnings.
1.5585-1.5610 should cap the upmove but there are 2 scenarios now

NFP good and EU drops(my last TP is still 1.2043-48 if not even lower to challenge the 1.2000 barrier)

NFP good and EU rallies...it's Friday....so this should work

NFP crap and EU drops...it's Friday ....so all logic is ilogic today

I'll stay with the crap NFP and fall of EU dragging GU with it to 1.5374-86 first
  • #320,544
  • Aug 3, 2012 4:59am Aug 3, 2012 4:59am
Quoting Faller
You keep waiting....I will keep trading......

Closing and going to get some sleep......

Faller.
good one.I'm going to the gym
  • #320,545
  • Aug 3, 2012 5:12am Aug 3, 2012 5:12am
there is something wrong today

lock all profits and SL all trades...if you still are in one.

disaster will strike.2 MT4 platforms already stuck and with diff levels....from 2 diff brokers.

this does not sound right.....I wonder what's gonna happen...
  • #320,546
  • Aug 3, 2012 5:20am Aug 3, 2012 5:20am
Quoting Faller
You keep waiting....I will keep trading......

Closing and going to get some sleep......

Faller.


closing after this pop that will happen.

Inserted Video
I don't trust any move - when you have profit...take it.
  • #320,547
  • Aug 3, 2012 5:32am Aug 3, 2012 5:32am
Quoting bguguen
all this move pre-NFP is just rubbish to me... id rather wait to see what the NFP is gona come out and get ready to be disappointed bulls...
With Europe's sudden change of heart towards Bond buying and UK's lack of QE... im pretty sure Ben will keep his mouth shut.... Regardless if NFP is good or bad... he just wont talk QE3... probably just a little sugar to get you all hyped up before he sprinkles salt on your wounds...


god dam rubbish me says....
I don't trust any move - when you have profit...take it.
  • #320,548
  • Aug 3, 2012 5:39am Aug 3, 2012 5:39am
Position closed....

watch your shorts....

I am done for the week.....

may check in later......

going to take care of myself now....

Cheers...Faller.
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I don't trust any move - when you have profit...take it.
  • #320,549
  • Aug 3, 2012 5:43am Aug 3, 2012 5:43am
Posting Chart of trade....

Full moon rising still...

Inserted Video
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I don't trust any move - when you have profit...take it.
  • #320,550
  • Aug 3, 2012 5:59am Aug 3, 2012 5:59am
Quoting redbeben
I'll look for sell on EU @ 1.2265-69 area TP the same as yesterday 1.2048-43
and GU close my long @ 1.5585-5610 and sell for 1.5274.
as soon as we pass 1.5555 I'll close half and trail the rest as the rest is out of my calculation.
keep it tight today due to news.
have a good weekend rest
I'm in @ 1.5600 same old TP .
  • #320,551
  • Aug 3, 2012 6:03am Aug 3, 2012 6:03am
Quoting redbeben
I'm in @ 1.5600 same old TP .

read my warning.....

I am done for the day and week.....

careful on the shorts.

peace out...

Faller.
I don't trust any move - when you have profit...take it.
  • #320,552
  • Aug 3, 2012 6:05am Aug 3, 2012 6:05am
Quoting redbeben
and again I have to stress out to protect the winnings.
1.5585-1.5610 should cap the upmove but there are 2 scenarios now
NFP good and EU drops(my last TP is still 1.2043-48 if not even lower to challenge the 1.2000 barrier)
NFP good and EU rallies...it's Friday....so this should work
NFP crap and EU drops...it's Friday ....so all logic is ilogic today
I'll stay with the crap NFP and fall of EU dragging GU with it to 1.5374-86 first
the only thing that can screw my calculations is NFP

1.5685 is my SL on this one and TP 1.5280

decent RR but as you know I will scale out and do whatever to protect the money.

target more than done for today so no need to stress much
  • #320,553
  • Aug 3, 2012 6:06am Aug 3, 2012 6:06am
Well another great trading day passes

im in now with an last short @ 1.55950 and we will see where its heading now
so far TP @ 155059

cu next week
  • #320,554
  • Aug 3, 2012 6:08am Aug 3, 2012 6:08am
Quoting Faller
read my warning.....

I am done for the day and week.....

careful on the shorts.

peace out...

Faller.

aye aye captain.if all would listen to the words of an old seawolf the retailers would be rich and the banks bankrupted.

I take your words into consideration as always so I have SL attached to the trade.It just worth the risk on this one from the MM point of view and from the calculations made.

more than 10 pips in profit so far @ previous last TP 1.5555 area I'll scale out and BE

have a great weekend mate
  • #320,555
  • Aug 3, 2012 6:12am Aug 3, 2012 6:12am
long @ 90,tp 1.5610...(sma 100 is at 1.5618=h1)
Sometimes it's better to be wrong,to learn..
  • #320,556
  • Edited 6:34am Aug 3, 2012 6:12am | Edited 6:34am
Quoting redbeben
i bid some more 1.5585


heeey wait a minute..is it written on the bottom of your grail ''made in prc'' as well ?

Bloody thieves,they tricked us both telling us it is the genuine one
bullshit
what's the matter with you!![/size]
  • #320,557
  • Aug 3, 2012 6:19am Aug 3, 2012 6:19am
Quoting hnbe
[b]
what's the matter with you!!
no offence here.just old talk about genuine grails and how fleemarkets sell diff items as genuine.most of them are made in PRC nothing more....including the grail I posted a few days ago.

I remember one guy trying to sell me a watch strap telling me ''this is genuine,this is best quality,if it states staineless steel on it that's a good brand''
  • #320,558
  • Aug 3, 2012 6:22am Aug 3, 2012 6:22am
Quoting redbeben
aye aye captain.if all would listen to the words of an old seawolf the retailers would be rich and the banks bankrupted.

I take your words into consideration as always so I have SL attached to the trade.It just worth the risk on this one from the MM point of view and from the calculations made.

more than 10 pips in profit so far @ previous last TP 1.5555 area I'll scale out and BE

have a great weekend mate
scaling out +20

now it can do whatever
  • #320,559
  • Aug 3, 2012 6:55am Aug 3, 2012 6:55am
Quoting redbeben
scaling out +20

now it can do whatever
scaled out again 1.5562
only half position left now on the board SL @ BE

40 min to disaster....if any
  • #320,560
  • Aug 3, 2012 6:59am Aug 3, 2012 6:59am
Quoting redbeben
scaled out again 1.5562
only half position left now on the board SL @ BE

40 min to disaster....if any
if GU shoots up next TP up would be 1.5658...nothing caps it till that point and if that one gives up we see 1.5733

I just hope this will not happen and will continue down

down will be 1.5527 as first stop after 1.5555 and last one down 1.5501
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