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Cable Update (GBPUSD)

  • #322,061
  • Aug 21, 2012 4:49am Aug 21, 2012 4:49am
Buddy! resistance broken as promised!!!

And took aussie long as well
Quoting Ill-b-back
Hey XTrade, don't get me wrong, we are still both looking for signs of the same bullish breakout, my bearish break info was just something the bears might consider.
Nothing's changed my end
I won't enter new trade until I get a swing signal, no more day trading for me. I'm in a hedge from last week I think, just waiting to offload it.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,062
  • Aug 21, 2012 4:50am Aug 21, 2012 4:50am
Quoting walkman
flag
still holding short whit small SL

and ready to go long, after flag break
where is your t/p?
  • #322,063
  • Aug 21, 2012 4:51am Aug 21, 2012 4:51am
Profit taken on two day Cable trade, now time to reload on test of broken resistance which should turn support. on re test that is.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,064
  • Aug 21, 2012 4:52am Aug 21, 2012 4:52am
Think this says it best, sorry to lazy to post charts, just woke up. again...
Quoting bbmac
price tested top of the recent daily/weekly range and found some immediate post Uk PSNBR data supply...Daily shows the picture well and with higher lows leading up to the range hi is the greater probability a break higher out of the range ? (at some stage.)

G/L
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,065
  • Aug 21, 2012 4:52am Aug 21, 2012 4:52am
Quoting Ill-b-back
The insanity has returned to the GU thread
im back http://www.pic4ever.com/images/orjnfq.gif
  • #322,066
  • Aug 21, 2012 4:54am Aug 21, 2012 4:54am
Quoting PoundTrader
ima fucking rocket science http://www.easyfreesmileys.com/smileys/lol-047.gif
lol u r funny guy
  • #322,067
  • Aug 21, 2012 4:55am Aug 21, 2012 4:55am
Quoting rokokdaun
still holding ur short bro?
sorry but
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,068
  • Aug 21, 2012 4:56am Aug 21, 2012 4:56am
I have to confess I changed the TP on my short

I have 2 shorts now SL 1.5840 and TP 1.5550-5520 and not 1.5490

I feel sick
Attached Image (click to enlarge)
Click to Enlarge Name: sellgu21.gif Size: 25 KB
  • #322,069
  • Aug 21, 2012 4:57am Aug 21, 2012 4:57am
I've missed this thread, is there a shortage of assholes still or are they free flowing as they were a year or two ago any one:????
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,070
  • Aug 21, 2012 4:58am Aug 21, 2012 4:58am
Quoting XTrade
Buddy! resistance broken as promised!!!

And took aussie long as well

There will be blood on the streets the next few years I think.
How the hell else can we be risk on in this environment without flooding the market with "fresh money" and loads of it.
Yep, something's up and the fix is in.
Why o why the F#%k did I hedge my longs.
Oh well, patience.
Now I wait
Come with me if you want to live....
  • #322,071
  • Aug 21, 2012 4:59am Aug 21, 2012 4:59am
Maybe if you had gone long you wouldn't feel quite as siick?just a thought..


Quoting redbeben
I have to confess I changed the TP on my short

I have 2 shorts now SL 1.5840 and TP 1.5550-5520 and not 1.5490

I feel sick
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,072
  • Aug 21, 2012 5:00am Aug 21, 2012 5:00am
ONLY HEDGE WINNING position trades, come on brother you know better!!!!

What'd you do buy swissy????

Quoting Ill-b-back

There will be blood on the streets the next few years I think.
How the hell else can we be risk on in this environment without flooding the market with "fresh money" and loads of it.
Yep, something's up and the fix is in.
Why o why the F#%k did I hedge my longs.
Oh well, patience.
Now I wait
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,073
  • Aug 21, 2012 5:05am Aug 21, 2012 5:05am
Quoting XTrade
ONLY HEDGE WINNING position trades, come on brother you know better!!!!

What'd you do buy swissy????
No, long and short GU, I only trade this pair.
Got to go, just arrived at clients place for evening massages.
It's a married couple
Come with me if you want to live....
  • #322,074
  • Aug 21, 2012 5:05am Aug 21, 2012 5:05am
Quoting XTrade
Maybe if you had gone long you wouldn't feel quite as siick?just a thought..
I was but my trails stopped me @ 1.5740
  • #322,075
  • Aug 21, 2012 5:11am Aug 21, 2012 5:11am
I never "hedge" the same pair or "straddle " it. Partially b/c I can't and secondly cause it is usually a BE or losing proposition.

I only use pairs that move inversely to the one being traded, on winning position trades. edit: say the trade USD/CHF short is going to rise and I am 300 pips short, I would sell cable. for instance.

if you start out with a hedge why take the trade in the first place? You need to have conviction.

Quoting Ill-b-back
No, long and short GU, I only trade this pair.
Got to go, just arrived at clients place for evening massages.
It's a married couple
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,076
  • Aug 21, 2012 5:13am Aug 21, 2012 5:13am
Quoting redbeben
IN

2279 TP1 then 2290 and the rest @ 1.2435 where I'll trail it to the mentioned top

on GU....SL on my short @ BE so do whatever it takes

either up...or down to 1.5550
and manually closed my last EU long.now I go to sleep

see ya
  • #322,077
  • Aug 21, 2012 5:16am Aug 21, 2012 5:16am
I f you seem to be bullish the more aggressive play would be to get LONG soon on retest of any support. Not have an open short that you will have to squash and flip sides... IMVO.. Only makes things that much more confusing, -----------Your chart's say up..... What happened tonight?


Quoting walkman
flag
still holding short whit small SL

and ready to go long, after flag break
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,078
  • Aug 21, 2012 5:24am Aug 21, 2012 5:24am
FVCK YEAH!!!!!!!!!!!!!!! GOLD TAKES 1625 first interim resistance now we go 10 USD higher to 1635.....................


Sorry OT....

Just psyched..

http://www.kitco.com/images/live/gold.gif
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #322,079
  • Aug 21, 2012 5:31am Aug 21, 2012 5:31am
Quoting redbeben
and manually closed my last EU long.now I go to sleep

see ya
I did close my long on GU too. It seems a bit early but who know.

long from 15672, closed @ 15755

Wait for short GU @ 15815 if she can reach there, TP 15735
  • #322,080
  • Aug 21, 2012 5:39am Aug 21, 2012 5:39am
It does and I did as well, don't WORRY ABOUT IT, this market offers many an opportunity, if you sleep off one day, the market will be there again, and again and again.

SET ORDERS, for where YOU want the price to be to enter, and WELL, if they don't get filled, go to market and GET IN!!!!!!!!!!!!!!
Quoting ForexRatVN
I did close my long on GU too. It seems a bit early but who know.

long from 15672, closed @ 15755

Wait for short GU @ 15815 if she can reach there, TP 15735
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
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