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Cable Update (GBPUSD)

  • #324,301
  • Sep 14, 2012 6:22am Sep 14, 2012 6:22am
Quoting nAVIN2007
entered a hedge lock in a slight loss i have to go work and this may result in day trading effective monday afternoon

i did it again

edit:-all positions closed..i closed them all..this has been going on far to long and loss is miminal -73 quid
if it retrace i might take another month, 2 months..i didnt like the fact that alpari may close b4 i get out of trade

will start day trading monday afternoon..lets make money..lol
http://www.easyfreesmileys.com/smile...mileys-864.gif
  • #324,302
  • Sep 14, 2012 6:30am Sep 14, 2012 6:30am
We're about to retest 1.63, and a few months ago I'd have said it's impossible, but with ongoing US QE until 2015, Germany clearing the way for more Eurozone bailouts, and the BoJ backstopping the Yen, that leaves Sterling and gold as the only currency safe-havens so I think we're going all the way to 1.675, and if we clear that, a return to 2008's 2.0/2.1 suddenly becomes are real possibility.

Having said that, I'll be sitting on the sidelines for the time being until we clear 1.63 as we're long overdue for a pull-back and 1.63 is the most likely target for that to happen.
You can always make money tomorrow provided you don't lose it today.
  • #324,303
  • Sep 14, 2012 6:31am Sep 14, 2012 6:31am
Quoting albchr
What's this bro? You're FLAT now??

yeah flat..for the sake of 73 notes..i have some peace of mind..and i can make that back in no time at all..


no more crazy trades..intraday trading for me
  • #324,304
  • Sep 14, 2012 6:31am Sep 14, 2012 6:31am
Quoting 42uNe
stopped out -33 before market flew away.

yes mate. the rally was crazy.
  • #324,305
  • Sep 14, 2012 6:33am Sep 14, 2012 6:33am
Quoting PoundTrader
http://www.easyfreesmileys.com/smile...mileys-864.gif

Attached Image
  • #324,306
  • Sep 14, 2012 6:33am Sep 14, 2012 6:33am
Quoting Kadc
We're about to retest 1.63, and a few months ago I'd have said it's impossible, but with ongoing US QE until 2015, Germany clearing the way for more Eurozone bailouts, and the BoJ backstopping the Yen, that leaves Sterling and gold as the only currency safe-havens so I think we're going all the way to 1.675, and if we clear that, a return to 2008's 2.0/2.1 suddenly becomes are real possibility.

Having said that, I'll be sitting on the sidelines for the time being until we clear 1.63 as we're long overdue for a pull-back and 1.63 is the most likely...
agree and disagree both. I think it has formed a lower top today. The price action looks similar to the day when it crossed 1.63
  • #324,307
  • Sep 14, 2012 6:33am Sep 14, 2012 6:33am


great news


Quoting nAVIN2007
yeah flat..for the sake of 73 notes..i have some peace of mind..and i can make that back in no time at all..


no more crazy trades..intraday trading for me
  • #324,308
  • Sep 14, 2012 6:34am Sep 14, 2012 6:34am
Quoting nAVIN2007
yeah flat..for the sake of 73 notes..i have some peace of mind..and i can make that back in no time at all..


no more crazy trades..intraday trading for me
Very cool bro! It'll be good to have ya..."back in the frey" with us again!
Ghost Rider - WWTBMD?
  • #324,309
  • Sep 14, 2012 6:35am Sep 14, 2012 6:35am
Quoting nAVIN2007
About damn time http://www.pic4ever.com/images/nudie.gif
  • #324,310
  • Sep 14, 2012 6:40am Sep 14, 2012 6:40am
Quoting nAVIN2007
yeah flat..for the sake of 73 notes..i have some peace of mind..and i can make that back in no time at all..


no more crazy trades..intraday trading for me
Nicely played Nav
Show Me Your Pips!!!
  • #324,311
  • Sep 14, 2012 6:42am Sep 14, 2012 6:42am
Quoting albchr
Very cool bro! It'll be good to have ya..."back in the frey" with us again!
forecasting 800-1k pips just isnt worth it..market takes ages..i learned this at least..market condition has changed to rally..causes me tochange mindset..

oh the mind huh..never ceases to amaze

have to get ready for work..catcha in a bit
  • #324,312
  • Sep 14, 2012 6:43am Sep 14, 2012 6:43am
Quoting PoundTrader
About damn time http://www.pic4ever.com/images/nudie.gif
What a talent, can do maths and dance the Rhumba

Out of interest, what does your maths tell you at the moment?
  • #324,313
  • Sep 14, 2012 6:43am Sep 14, 2012 6:43am
Quoting nAVIN2007
entered a hedge lock in a slight loss i have to go work and this may result in day trading effective monday afternoon

i did it again

edit:-all positions closed..i closed them all..this has been going on far to long and loss is miminal -73 quid
if it retrace i might take another month, 2 months..i didnt like the fact that alpari may close b4 i get out of trade

will start day trading monday afternoon..lets make money..lol

Nav waited 1 year for -73 pounds. lol
  • #324,314
  • Sep 14, 2012 6:44am Sep 14, 2012 6:44am
Quoting Nachiket
Nav waited 1 year for -73 pounds. lol

I was supporting Nav morally during this period.
  • #324,315
  • Sep 14, 2012 6:49am Sep 14, 2012 6:49am
Quoting nAVIN2007
entered a hedge lock in a slight loss i have to go work and this may result in day trading effective monday afternoon

i did it again

edit:-all positions closed..i closed them all..this has been going on far to long and loss is miminal -73 quid
if it retrace i might take another month, 2 months..i didnt like the fact that alpari may close b4 i get out of trade

will start day trading monday afternoon..lets make money..lol
Congratulation VAV. it is very long waiting for you....let's make new day, new trade and good luck......
  • #324,316
  • Sep 14, 2012 6:50am Sep 14, 2012 6:50am
Quoting Nachiket
I was supporting Nav morally during this period.
73 notes for a years entertainment isn't bad.

He could have invested it wisely in wine, women and hard drugs

and just blown the rest


  • #324,317
  • Sep 14, 2012 6:54am Sep 14, 2012 6:54am
Quoting Nachiket
Nav waited 1 year for -73 pounds. lol
Well when you put it THAT way....

I still take my hat off to him for having held his nerve and stayed the course...
Show Me Your Pips!!!
  • #324,318
  • Sep 14, 2012 6:56am Sep 14, 2012 6:56am
Quoting Kaloo5
Well when you put it THAT way....

I still take my hat off to him for having held his nerve and stayed the course...
yes agree. I am a big fan of Nav's knowledge of the pound.
  • #324,319
  • Sep 14, 2012 7:01am Sep 14, 2012 7:01am
Quoting nAVIN2007
forecasting 800-1k pips just isnt worth it..market takes ages..i learned this at least..market condition has changed to rally..causes me tochange mindset..

oh the mind huh..never ceases to amaze

have to get ready for work..catcha in a bit
It would drive me nuts!!!!

It's one thing to be gaining in profit the whole way and all you're doing is checking in once a month to see how much.

But to be on the wrong side, hoping and waiting for it to come back with your hands effectively tied as you're maxed out (or close to) for opening positions?

I repeat... It Would Drive Me NUTS!!!

You're a stronger man than I Bro!
Ghost Rider - WWTBMD?
  • #324,320
  • Sep 14, 2012 7:05am Sep 14, 2012 7:05am
Quoting albchr
It would drive me nuts!!!!

It's one thing to be gaining in profit the whole way and all you're doing is checking in once a month to see how much.

But to be on the wrong side, hoping and waiting for it to come back with your hands effectively tied as you're maxed out (or close to) for opening positions?

I repeat... It Would Drive Me NUTS!!!

You're a stronger man than I Bro!

so whats your call on the gbp/usd?
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