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Cable Update (GBPUSD)

  • #323,461
  • Sep 4, 2012 8:56am Sep 4, 2012 8:56am
Quoting redbeben
i guess i do not understand the question.

do you have inside info ? only like this you would know how news will be green or red
and even if you'd have inside info you'd still not know how the market will react


sometimes good news for USD means good news for EUR as well and EU rallies

sometimes good news for USD means no QE and EU drops


so...how can you money manage this mess ? if you do it I will vouch for you as you are a far better trader than I am and a lot braver
i am not a pro, but i have found out that any time i trade the news( though with minimal lot), when it against me, a well calculated hedge will make me recover.
The fragrance remains in the hands of those that gves the rose
  • #323,462
  • Sep 4, 2012 8:58am Sep 4, 2012 8:58am
Quoting Nick35
long again 1.5873
good call bro, seems to be respecting the tl.... but as Red says, careful of news. tight sl and book profit where possible
Attached Image (click to enlarge)
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  • #323,463
  • Sep 4, 2012 9:04am Sep 4, 2012 9:04am
Quoting okosodo
i am not a pro, but i have found out that any time i trade the news( though with minimal lot), when it against me, a well calculated hedge will make me recover.
well I do not like to hedge as it is a loose loose situation...I never know when to close one of them
  • #323,464
  • Sep 4, 2012 9:05am Sep 4, 2012 9:05am
even the news made no much impact
The fragrance remains in the hands of those that gves the rose
  • #323,465
  • Sep 4, 2012 9:05am Sep 4, 2012 9:05am
actual : 49.6

Quoting iqyu5an

how come they forecast less than average ?

http://www.forexfactory.com/attachme...1&d=1346765402
not euphoria follower
  • #323,466
  • Sep 4, 2012 9:06am Sep 4, 2012 9:06am
Quoting gavalar
good call bro, seems to be respecting the tl.... but as Red says, careful of news. tight sl and book profit where possible
for now seems a good entry.....
  • #323,467
  • Sep 4, 2012 9:06am Sep 4, 2012 9:06am
Quoting okosodo
even the news made no much impact

because it was mixed, some good some bad, mainly on tap
Money never sleeps...
  • #323,468
  • Sep 4, 2012 9:07am Sep 4, 2012 9:07am
Quoting iqyu5an

===========
hey dude...

boring time for me.. so just do average calculation for manufacture ( for last 5 month )

how come they forecast less than average ?

http://www.forexfactory.com/attachme...1&d=1346765402
Keeps them safe. They can only lie to a point. A ridiculous point, but a point non the less.
Ghost Rider - WWTBMD?
  • #323,469
  • Sep 4, 2012 9:14am Sep 4, 2012 9:14am
Quoting Nick35
for now seems a good entry.....

Well I was with you Nick, but was happy with 12 pip profit. I tend to get in and out quickly at news time and thats banked. I don't generally like trading news but its given me enough profit with what I did earlier for day.

Of course it depends on lot size, risk reward etc
  • #323,470
  • Sep 4, 2012 9:19am Sep 4, 2012 9:19am
Quoting inpatient
because it was mixed, some good some bad, mainly on tap
i see
The fragrance remains in the hands of those that gves the rose
  • #323,471
  • Sep 4, 2012 9:30am Sep 4, 2012 9:30am
- G/U m5
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  • #323,472
  • Sep 4, 2012 9:42am Sep 4, 2012 9:42am
lift off ?
  • #323,473
  • Sep 4, 2012 9:44am Sep 4, 2012 9:44am
Quoting Nick35
lift off ?
ameen .... lol
  • #323,474
  • Sep 4, 2012 9:49am Sep 4, 2012 9:49am
Quoting iqyu5an
symphonie system u mean ???

yes
  • #323,475
  • Sep 4, 2012 9:58am Sep 4, 2012 9:58am
double top on H4 and daily ?
  • #323,476
  • Sep 4, 2012 9:59am Sep 4, 2012 9:59am
long time not going there buddy... how is eval ? hope he is doing well

dow jones aniway...
Quoting fasy007
yes
Attached Image (click to enlarge)
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not euphoria follower
  • #323,477
  • Sep 4, 2012 10:01am Sep 4, 2012 10:01am
Quoting redbeben
double top on H4 and daily ?

hope so buddy, im still holding those shorts.
Money never sleeps...
  • #323,478
  • Sep 4, 2012 10:10am Sep 4, 2012 10:10am
Quoting iqyu5an
long time not going there buddy... how is eval ? hope he is doing well

dow jones aniway...
not been there for a while, i tot u used to go tats y asked
  • #323,479
  • Sep 4, 2012 1:02pm Sep 4, 2012 1:02pm
Still holding my 6 shorts
4x5821
2x5865
Closed my Cad buy +35pips I have placed limit buy on 9855 again although I doubt it will go that low again in near future.
Slight signs of retrace 5800 would be extremely profitable for me.
Good luck to all Bears
http://3.bp.blogspot.com/-_1381UZvvC...radingroom.jpg
In trading, you have to be defensive and aggressive at the same time
  • #323,480
  • Sep 4, 2012 1:26pm Sep 4, 2012 1:26pm
Quoting Davit
Still holding my 6 shorts
4x5821
2x5865
Closed my Cad buy +35pips I have placed limit buy on 9855 again although I doubt it will go that low again in near future.
Slight signs of retrace 5800 would be extremely profitable for me.
Good luck to all Bears
http://3.bp.blogspot.com/-_1381UZvvC...radingroom.jpg
That image is a bit sensitive to me as i had a close encounter with a bear....pretty scary
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