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Cable Update (GBPUSD)

  • #331,981
  • Dec 7, 2012 3:22am Dec 7, 2012 3:22am
Quoting Ill-b-back
I am hedged at nearly same price by the way
seems you got in the boat.. i think i missed it but perhaps now is a good time to short GJ.. personally, i am short @ 132.15.
  • #331,982
  • Dec 7, 2012 3:25am Dec 7, 2012 3:25am
Quoting A-speculator
seems you got in the boat.. i think i missed it but perhaps now is a good time to short GJ.. personally, i am short @ 132.15.
already in GJ for the long haul....
gave me quite the heart attack the night before but yea its coming back down
https://dl.dropbox.com/u/52561775/Fo...22012.0924.gif
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #331,983
  • Dec 7, 2012 3:34am Dec 7, 2012 3:34am
Quoting fxtyrant
already in GJ for the long haul....
gave me quite the heart attack the night before but yea its coming back down
https://dl.dropbox.com/u/52561775/Fo...22012.0924.gif
gbp strength will reduce i think..so i dont think u have anything to worry about
  • #331,984
  • Dec 7, 2012 3:34am Dec 7, 2012 3:34am
Quoting fxtyrant
already in GJ for the long haul....
gave me quite the heart attack the night before but yea its coming back down
https://dl.dropbox.com/u/52561775/Fo...22012.0924.gif
that's the nature of the pair mate..

i used to trade heavily in just GJ back in 2007-2009.. but just getting back in trading the pair..
  • #331,985
  • Dec 7, 2012 3:41am Dec 7, 2012 3:41am
Quoting nAVIN2007
gbp strength will reduce i think..so i dont think u have anything to worry about

Yes GAME SET MATCH GBP. now should go down
  • #331,986
  • Dec 7, 2012 3:41am Dec 7, 2012 3:41am
Quoting A-speculator
that's the nature of the pair mate..

i used to trade heavily in just GJ back in 2007-2009.. but just getting back in trading the pair..

i gonna start trading it soon along with everything else..only thing is like tony has said "it like seeing the money flow..and if u get it wrong..u can lose a lot" but if right profit compound like crazy..

will start in new year
  • #331,987
  • Dec 7, 2012 3:42am Dec 7, 2012 3:42am
Quoting Nachiket
Yes GAME SET MATCH GBP. now should go down
look what it is doing going up. crazy
  • #331,988
  • Dec 7, 2012 3:42am Dec 7, 2012 3:42am
Quoting Nachiket
Yes GAME SET MATCH GBP. now should go down
with a bit of luck!
  • #331,989
  • Dec 7, 2012 3:44am Dec 7, 2012 3:44am
Quoting nAVIN2007
i gonna start trading it soon along with everything else..only thing is like tony has said "it like seeing the money flow..and if u get it wrong..u can lose a lot" but if right profit compound like crazy..

will start in new year

crazy bullshit pair it is. can't scalp it.bcoz if it goes wrong you can lose heavily
  • #331,990
  • Dec 7, 2012 3:44am Dec 7, 2012 3:44am
Quoting nAVIN2007
with a bit of luck!

I agree. luck is what i need now. some big fish is holding this up. don't know why?
  • #331,991
  • Dec 7, 2012 3:45am Dec 7, 2012 3:45am
Quoting nAVIN2007
i gonna start trading it soon along with everything else..only thing is like tony has said "it like seeing the money flow..and if u get it wrong..u can lose a lot" but if right profit compound like crazy..

will start in new year
yeah.. i know what you mean.. it used to be my most favorite pair during those days.. since i'm tightening my entry, i became less trading it because trading it require quite a lot of cushion..

since we are talking about the yen pairs, i think currently EJ also printing an interesting entry price range..
  • #331,992
  • Dec 7, 2012 3:49am Dec 7, 2012 3:49am
Quoting Nachiket
crazy bullshit pair it is. can't scalp it.bcoz if it goes wrong you can lose heavily


position sizing matters trading it.. in fact it matters on any pairs, the proportion would be different, risk suppose to be about the same..
  • #331,993
  • Dec 7, 2012 3:51am Dec 7, 2012 3:51am
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  • #331,994
  • Dec 7, 2012 3:52am Dec 7, 2012 3:52am
think 1.6075 should cap it now.
  • #331,995
  • Dec 7, 2012 3:56am Dec 7, 2012 3:56am
Quoting Nachiket
think 1.6075 should cap it now.
imho, if price can trade sustainably below 6040, we won't se any price higher.. let alone to see a massive pullback.
  • #331,996
  • Dec 7, 2012 4:10am Dec 7, 2012 4:10am
Hi,
you think we will see a pullback before the price drop below prior low?

I am fully short right now
  • #331,997
  • Dec 7, 2012 4:11am Dec 7, 2012 4:11am
Quoting A-speculator
imho, if price can trade sustainably below 6040, we won't se any price higher.. let alone to see a massive pullback.
I think the same though imo it needs to break below 6010 for confirmation (we just saw it bounce back up from 6023). I see a very slight possibility of spike upto 6060 area as well maybe just before NFP.
  • #331,998
  • Dec 7, 2012 4:13am Dec 7, 2012 4:13am
Quoting nAVIN2007
with a bit of luck!
C'mon Bro...
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Always looking the GREAT, never left GOOD Point...
  • #331,999
  • Dec 7, 2012 4:15am Dec 7, 2012 4:15am
Quoting CasperTrader
I think the same though imo it needs to break below 6010 for confirmation (we just saw it bounce back up from 6023). I see a very slight possibility of spike upto 6060 area as well maybe just before NFP.
yeah, very slim chances to get up above since fiber has a confirmed 4h breakout of 2945 area.. seems like very very unlikely to get higher price, but if it do, i'll be waiting at 6080..
  • #332,000
  • Dec 7, 2012 4:15am Dec 7, 2012 4:15am
G/M,

50% 5917-6130 with 85.4% 6004-6130 @/around the current daily low and a downside breech of the ascending 4hr/steepest ascending daily trend line.

U.s data later.

G/L
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