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Cable Update (GBPUSD)

  • #376,721
  • May 8, 2014 10:57am May 8, 2014 10:57am
Quoting taomql4
{quote} Flat/Sold Out !! Umm , You might regret that Move ...I think GU has an obsession with 1.7000 ..
+80K nothing to regret here. get back in laters. May 2014 - bad time generally for EU/GU/NU against the USDX.
  • #376,722
  • May 8, 2014 11:01am May 8, 2014 11:01am
Quoting elbert3
{quote} you could go long to 8675 then short from there ?? sorry ?????? lol
LOL... wouldn't dream of longing this here. I admire the way you trade for every pip but I don't trade like that bro. Watching you reminds me of driving my rig, always shifting gears. Your broker must you. I think they should give you a weekly bonus check..
Ghost Rider - WWTBMD?
  • #376,723
  • May 8, 2014 11:01am May 8, 2014 11:01am
Quoting albchr
{quote} Yeah I'm waiting as of now Elbert. On the zoomed out 4H and 1H here, I think I can get in short a bit higher up. At least the DP @ 0.8666 1H 50/100 there too. {image} {image}
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ok we will watch,, the motto red over white,,,yes it has happened ,ut to confirm price has to meet the ema?? so,, lets see if the price get to the white man before shorting ,,in fact i will place £1 as a experiment to see if the motto works so 86559 to 86764 then i put short order on.. lol
  • #376,724
  • May 8, 2014 11:02am May 8, 2014 11:02am
Quoting ruffryders
{quote} +80K nothing to regret here. get back in laters. May 2014 - bad time generally for EU/GU/NU against the USDX.

How about shorting GA (as you suggested yesterday) instead of GU, because the swap is so much more in our favor?
  • #376,725
  • May 8, 2014 11:03am May 8, 2014 11:03am
Quoting stylinex
That drop helped me close my position and exit with a small profit. Not touching this one for a while
Had I only had bigger balls earlier on lol..
  • #376,726
  • May 8, 2014 11:04am May 8, 2014 11:04am
Quoting ruffryders
{quote} +80K nothing to regret here. get back in laters. May 2014 - bad time generally for EU/GU/NU against the USDX.

Nice, You can get that new M3 that just came out
  • #376,727
  • May 8, 2014 11:05am May 8, 2014 11:05am
Quoting albchr
{quote} LOL... wouldn't dream of longing this here. I admire the way you trade for every pip but I don't trade like that bro. Watching you reminds me of driving my rig, always shifting gears. Your broker must you.
yes but you will agree if you carry a big load and the breaks go on your rig, your dead?? but when you hit it right boom ,not only are you in a trade from the beginning you dont have a big sl,, the game is not to loss ,, i have to go now
  • #376,728
  • May 8, 2014 11:05am May 8, 2014 11:05am
All I have to say is...

Epic Super Mario
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  • #376,729
  • May 8, 2014 11:08am May 8, 2014 11:08am
Quoting ruffryders
{quote} +80K nothing to regret here. get back in laters. May 2014 - bad time generally for EU/GU/NU against the USDX.
(^_^)

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  • #376,730
  • May 8, 2014 11:11am May 8, 2014 11:11am
Quoting elbert3
{quote} yes but you will agree if you carry a big load and the breaks go on your rig, your dead?? but when you hit it right boom ,not only are you in a trade from the beginning you dont have a big sl,, the game is not to loss ,, i have to go now
That's why the Pre Trip Inspection is so important. Plus, carrying 40,000lbs of beer to it's destination can take a VERY long time one bottle at a time.
Ghost Rider - WWTBMD?
  • #376,731
  • May 8, 2014 11:27am May 8, 2014 11:27am
USDX WEEKLY - lame duck strikes back @ long-term support. Guys, I think party is over, DXY will rebound on EU/NU/GU from now on.
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  • #376,732
  • May 8, 2014 11:43am May 8, 2014 11:43am
Quoting ruffryders
USDX WEEKLY - lame duck strikes back @ long-term support. Guys, I think party is over, DXY will rebound on EU/NU/GU from now on. {image}
Certainly could be. They are all at the right time and place to bounce hard or turn. I don't trade EU but I'll still wait out this week on GU and NU to see how they close. If they're coming down, it should be a good long move.
Ghost Rider - WWTBMD?
  • #376,733
  • May 8, 2014 11:44am May 8, 2014 11:44am
Quoting taomql4
{quote} Flat/Sold Out !! Umm , You might regret that Move ...I think GU has an obsession with 1.7000 ..
I think I got out just on time.
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  • #376,734
  • May 8, 2014 11:45am May 8, 2014 11:45am
Quoting albchr
{quote} Certainly could be. They are all at the right time and place to bounce hard or turn. I don't trade EU but I'll still wait out this week on GU and NU to see how they close. If they're coming down, it should be a good long move.
Chris check my thread. I just got into NU.

Chris NU is a definitely a TOP, 20 mln USD position via CALLS costs you 240K USD (LONG) and same PUTS sets you back 450K (SHORT).
Institutionals are obviously positioned SHORT on NU now, that's why PUT premiums are so high (x2 CALLS) now.
  • #376,735
  • May 8, 2014 11:50am May 8, 2014 11:50am
Quoting ruffryders
{quote} Chris check my thread. I just got into NU. Chris NU is a definity TOP, 20 mln USD position via CALLS costs you 240K USD (LONG) and same PUTS sets you back 450K (SHORT). Institutionals are obviously positioned SHORT on NU now.
I've had a page on it since I found your thread RR. Been watching
Ghost Rider - WWTBMD?
  • #376,736
  • May 8, 2014 11:53am May 8, 2014 11:53am
Quoting albchr
{quote} I've had a page on it since I found your thread RR. Been watching
GU down big, NU will have followthrough trmw.
  • #376,737
  • May 8, 2014 11:56am May 8, 2014 11:56am
END wave 5
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  • #376,738
  • May 8, 2014 11:57am May 8, 2014 11:57am
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  • #376,739
  • May 8, 2014 11:57am May 8, 2014 11:57am
Quoting ruffryders
{quote} GU down big, NU will have followthrough trmw.
Think I'm about to bank the remaining AU trade as well. Closing now gives me about 107 between the two.
Ghost Rider - WWTBMD?
  • #376,740
  • May 8, 2014 12:00pm May 8, 2014 12:00pm
Quoting albchr
{quote} Think I'm about to bank the remaining AU trade as well. Closing now gives me about 107 between the two.
great bro, yeah, most definately get out, since NU is correl to AU and EU (smaller strength correl). I won't take chances before CNY data tmrw, get in fast, get out fast the way to go.

I think on Friday we will see more of the followthrough on todays move - i.e. USDX gaining more ground against EU/GU/AU/NU.
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