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Cable Update (GBPUSD)

  • #321,261
  • Aug 10, 2012 9:32am Aug 10, 2012 9:32am
Quoting PoundTrader
i been waiting for 1.5722 all week http://www.pic4ever.com/images/bathtime.gif
now what is realy going on, this fucker is realy trying to make that push to 1.5700 area. what a strange move.
  • #321,262
  • Aug 10, 2012 9:33am Aug 10, 2012 9:33am
Quoting rokokdaun
what u expecting the daily close will be? 5730?? hehe lets predict

with the force of bullish .. i think soon price will by pass 5700
still 40 pips to go... TP @ 5710
  • #321,263
  • Aug 10, 2012 9:35am Aug 10, 2012 9:35am
Quoting rokokdaun
what u expecting the daily close will be? 5730?? hehe lets predict

with the force of bullish .. i think soon price will by pass 5700
before i got out of my long i had my t/p set to 1.5722, i rarely ever have open trades on friday unless my system tells me to take the fucking trade so i did but since i barley trade on friday i take what every profit i can get on friday and get the hell out.
  • #321,264
  • Aug 10, 2012 9:38am Aug 10, 2012 9:38am
Quoting rokokdaun
still 40 pips to go... TP @ 5710
i hope you get it, just that it rejected 1.5700 area all week and that can still be the case today, but it's friday http://www.easyfreesmileys.com/smile...mileys-366.gif
  • #321,265
  • Aug 10, 2012 9:38am Aug 10, 2012 9:38am
Good move by the pair, however I got in late and only managed to catch around 54 pips or 5.4 or whatever, around £35 .. Spread betting is good

F
  • #321,266
  • Aug 10, 2012 9:41am Aug 10, 2012 9:41am
Quoting PoundTrader
before i got out of my long i had my t/p set to 1.5722, i rarely ever have open trades on friday unless my system tells me to take the fucking trade so i did but since i barley trade on friday i take what every profit i can get on friday and get the hell out.
nice i just wish for extreme bullish candle so that we can short again later , maybe next week hehe

tight SL works against me just now for gu eu but luckily au survived .. quick jump in the ride (GU) recovered my loss .. but expecting to have some more .. atleast to touch 5700
  • #321,267
  • Aug 10, 2012 9:42am Aug 10, 2012 9:42am
it's so nice to see how many people got this move after the move....
  • #321,268
  • Aug 10, 2012 9:44am Aug 10, 2012 9:44am
Looks like the pair will touch the 1.57 region ..
  • #321,269
  • Aug 10, 2012 9:46am Aug 10, 2012 9:46am
http://www.easyfreesmileys.com/smile...mileys-975.gif good stuff today
  • #321,270
  • Aug 10, 2012 9:49am Aug 10, 2012 9:49am
Quoting FaizanKauser
Looks like the pair will touch the 1.57 region ..
it rejected 1.5700 all week, i expect that to stay the same today http://www.easyfreesmileys.com/smile...mileys-398.gif
  • #321,271
  • Aug 10, 2012 9:49am Aug 10, 2012 9:49am
Shall we be prepared to sell this currency pair on Monday ?
  • #321,272
  • Aug 10, 2012 9:50am Aug 10, 2012 9:50am
Quoting PoundTrader
it rejected 1.5700 all week, i expect that to stay the same today http://www.easyfreesmileys.com/smile...mileys-398.gif
Yeah, well atleast the pair went past the 1.568 region, I hope it stays around here now.
  • #321,273
  • Aug 10, 2012 9:50am Aug 10, 2012 9:50am
im out .. waiting for hourly close hmm
  • #321,274
  • Aug 10, 2012 9:51am Aug 10, 2012 9:51am
Quoting FaizanKauser
Shall we be prepared to sell this currency pair on Monday ?
http://www.easyfreesmileys.com/smile...mileys-702.gif
  • #321,275
  • Aug 10, 2012 9:51am Aug 10, 2012 9:51am
Quoting inpatient
Off to bed guys,

A bit ballsy but i've had a long day, here is where i am,

5 x long at half lots each

T/P's set between 1.57 and 1.574

average 100 pips x 5 by the time it triggers. 500 total

upward trend on the H4 and H1, gives me confidence that were still in the channels on the chart. (been struggling with confidence lately). Might need to go down a little first to gather some strength but it will happen at some point for sure.


Good luck everyone,

just got up,

closed these 5 out short of the T/P's described (after seeing the bounce just no) maybe premature but im happy with 300 pips to close the week.

Happy Friday for me, i also go and become a US citizen today so happy all round.

Thanks guys for your time this week. Needed some support on decisions at times, turning into a pussy it seems lately.
Money never sleeps...
  • #321,276
  • Aug 10, 2012 9:53am Aug 10, 2012 9:53am
Quoting FaizanKauser
Yeah, well atleast the pair went past the 1.568 region, I hope it stays around here now.
most likely heavy seller around 568x had SL above 5700 ..
  • #321,277
  • Aug 10, 2012 9:54am Aug 10, 2012 9:54am
Quoting PoundTrader
http://www.easyfreesmileys.com/smile...mileys-702.gif

Yes i think so, test of the lows coming up for both GBP and EUR. Greece collapse in less than two weeks now and a whole host of people criticicising and pointing the finger at who did or didnt do what, strained EU politics and a lack of unity will all drive the Euro down and will take the pound with it.

Not placing the shorts yet thoguh. Will see what rides out between now and the open.
Money never sleeps...
  • #321,278
  • Aug 10, 2012 9:54am Aug 10, 2012 9:54am
don't know if she's slowing down are getting ready for another push to 1.5700 area http://www.easyfreesmileys.com/smile...mileys-447.gif
  • #321,279
  • Aug 10, 2012 9:56am Aug 10, 2012 9:56am
Quoting inpatient
Yes i think so, test of the lows coming up for both GBP and EUR. Greece collapse in less than two weeks now and a whole host of people criticicising and pointing the finger at who did or didnt do what, strained EU politics and a lack of unity will all drive the Euro down and will take the pound with it.

Not placing the shorts yet thoguh. Will see what rides out between now and the open.
going short for me would mean holding a trade over the weekend, not going to happen, lets see when i get monday EOD data
  • #321,280
  • Aug 10, 2012 9:59am Aug 10, 2012 9:59am
Quoting PoundTrader
going short for me would mean holding a trade over the weekend, not going to happen, lets see when i get monday EOD data

definitely agreed, i cant function over the weekend with open trades. Dont want to spend the weekend watching bloomberg (again)
Money never sleeps...
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