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Cable Update (GBPUSD)

  • #337,741
  • Mar 27, 2013 3:19am Mar 27, 2013 3:19am
Quoting wasabeclaw
gonna buy at 5129
If she comes back, I will buy @ 15100
  • #337,742
  • Mar 27, 2013 4:03am Mar 27, 2013 4:03am
Quoting A-speculator
cleared my long, test short @ 5170..

fiber seems better than cable these days..
this test might hit my SL.. lol.

going to TP at BE and get some rest..
  • #337,743
  • Mar 27, 2013 4:10am Mar 27, 2013 4:10am
Just really wondering what's up with the cable today
Am getting a 7pip spread!!!!!!!!!!!
  • #337,744
  • Mar 27, 2013 4:16am Mar 27, 2013 4:16am
Quoting Danny Maina
Just really wondering what's up with the cable today
Am getting a 7pip spread!!!!!!!!!!!
7pips spread is big for cable, bigger than what eToro used to offer a few years back.
  • #337,745
  • Mar 27, 2013 4:17am Mar 27, 2013 4:17am
seems like price is ready to move up, fiber seems agree with this after the shakeout earlier, swissy unable to get pass 9500..

i try to enter 5150 with any luck the price get retrace back there..
  • #337,746
  • Mar 27, 2013 4:29am Mar 27, 2013 4:29am
It may start falling.

Quoting A-speculator
seems like price is ready to move up, fiber seems agree with this after the shakeout earlier, swissy unable to get pass 9500..

i try to enter 5150 with any luck the price get retrace back there..
  • #337,747
  • Mar 27, 2013 4:35am Mar 27, 2013 4:35am
News caused an interesting reaction, will see how this pup looks at the end of the hour.
  • #337,748
  • Mar 27, 2013 4:35am Mar 27, 2013 4:35am
I'm wondering when the BOE want lower GBP price, you traders load long positions???
  • #337,749
  • Mar 27, 2013 4:41am Mar 27, 2013 4:41am
The Cable looked quite disappointing earlier. Despite the crazy spread,
I just scooped 40 pips from it.
  • #337,750
  • Mar 27, 2013 4:46am Mar 27, 2013 4:46am
It is going to close this month around 1.50 or below... I have told it before...

Attached Image (click to enlarge)
Click to Enlarge Name: GBP.jpg Size: 128 KB


Quoting Danny Maina
The Cable looked quite disappointing earlier. Despite the crazy spread,
I just scooped 40 pips from it.
  • #337,751
  • Mar 27, 2013 4:46am Mar 27, 2013 4:46am
Quoting A-speculator
seems like price is ready to move up, fiber seems agree with this after the shakeout earlier, swissy unable to get pass 9500..

i try to enter 5150 with any luck the price get retrace back there..
to enter long now.. lol.
  • #337,752
  • Mar 27, 2013 4:49am Mar 27, 2013 4:49am
Are you joking or do you want to see our loss???

Quoting A-speculator
to enter long now.. lol.
  • #337,753
  • Mar 27, 2013 4:49am Mar 27, 2013 4:49am
Worse than expected current account and GDP growth rate made this one fall 30pips in about 15mins. Let's see if this continues.
  • #337,754
  • Mar 27, 2013 4:54am Mar 27, 2013 4:54am
Quoting Maso
I'm wondering when the BOE want lower GBP price, you traders load long positions???
i personally don't think it will go anywhere, but playing the range on london open is a bit frightening.. lol.
  • #337,755
  • Mar 27, 2013 4:56am Mar 27, 2013 4:56am
Quoting Maso
Are you joking or do you want to see our loss???
well.. if the candle consolidate at 5150 support level, then i think safe to go long.. afterall, i'm trading the range.. i don't see it trading anywhere yet, losses is normal in this game mate..

atm, i just don't feel the comfort to enter long yet, perhaps after it made itself clear sustainable trading above the said level.
  • #337,756
  • Mar 27, 2013 5:03am Mar 27, 2013 5:03am
imho, if anyone have long at 5150, better clear here at 5135 with just some losses.. 1 hr speaks more downside.. no more range trading atm for me.
  • #337,757
  • Mar 27, 2013 5:03am Mar 27, 2013 5:03am
just to have a heads-up

Attached Image (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 414 KB
Hero calls followed by margin calls...
  • #337,758
  • Mar 27, 2013 5:07am Mar 27, 2013 5:07am
If you check my posts, I have said for more than three weeks that please forget about cable 1.53 at least for a couple of months.

Quoting A-speculator
well.. if the candle consolidate at 5150 support level, then i think safe to go long.. afterall, i'm trading the range.. i don't see it trading anywhere yet, losses is normal in this game mate..

atm, i just don't feel the comfort to enter long yet, perhaps after it made itself clear sustainable trading above the said level.
  • #337,759
  • Mar 27, 2013 5:08am Mar 27, 2013 5:08am
I think your analysis is so so optimistic while the BOE are not following your suggestions. lol

Quoting PhAnTi'
just to have a heads-up

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  • #337,760
  • Mar 27, 2013 5:09am Mar 27, 2013 5:09am
Quoting Maso
If you check my posts, I have said for more than three weeks that please forget about cable 1.53 at least for a couple of months.
well, i couldn't agree more on that.. but depending on the method of trading, we might have different approach to the market, bulls & bears make money remember? i swing trade sometimes but with market like previous days on cable, i don't.. fiber yes..

but right now i try to enter short based on 1h at about 5150.
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