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Cable Update (GBPUSD)

  • #403,841
  • Oct 23, 2014 4:53pm Oct 23, 2014 4:53pm
Quoting ssaqeel
u still in gn and en trades? i closed mine this afternoon will re enter again after the retrace (if that happens) {quote}
hey how you doing.. did you see the NU?? how far with GJ??
  • #403,842
  • Oct 23, 2014 5:06pm Oct 23, 2014 5:06pm
Quoting ill_be_back
{quote} Have a pending SHORT 173.976
big man... not seen alot of you today... hows the day in the office been?
  • #403,843
  • Oct 23, 2014 5:19pm Oct 23, 2014 5:19pm
sorry i was away , not in any of those trades.

Quoting poseikwame
{quote} hey how you doing.. did you see the NU?? how far with GJ??
  • #403,844
  • Oct 23, 2014 5:29pm Oct 23, 2014 5:29pm
lol 1000 pip sl.

just entered a counter trend - short term(minutes/hours) short on GN expecting a retracement to at least 2.04 with SL of todays high 1.20538

Quoting eliteincome
{quote} Gidday Fellow Gamblers Fun in games trying to out smart the little Hobbitts Kept a few longs in Nothing big as weary off Stop loss 1000 pips awayjust in case
  • #403,845
  • Oct 23, 2014 5:38pm Oct 23, 2014 5:38pm
Quoting ssaqeel
sorry i was away , not in any of those trades. {quote}
hope all is good... what pair we attacking tonite... jinx man?
  • #403,846
  • Oct 23, 2014 5:41pm Oct 23, 2014 5:41pm
Thanks, all good here, just in one very short term short trade GN (wanna catch some pips on retracement)
Quoting poseikwame
{quote} hope all is good... what pair we attacking tonite... jinx man?
  • #403,847
  • Oct 23, 2014 5:50pm Oct 23, 2014 5:50pm
Quoting ssaqeel
Thanks, all good here, just in one very short term short trade GN (wanna catch some pips on retracement) {quote}
Great to hear. I love short terms shorts =) makes you laugh to the bank quick... how many pips we talking? what levels?
  • #403,848
  • Oct 23, 2014 7:10pm Oct 23, 2014 7:10pm
Quoting ssaqeel
u still in gn and en trades? i closed mine this afternoon will re enter again after the retrace (if that happens) {quote}
i did the same, i don't like holding big pip trades into friday.
  • #403,849
  • Oct 23, 2014 7:51pm Oct 23, 2014 7:51pm
Quoting PoundTrader
{quote}i did the same, i don't like holding big pip trades into friday.
Hey PoundTrader,

I'm starting to do the same thing.

I believe it's best to only open trades on Tuesday's, Wednesday's and Thursday's and close them out on Friday especially if they are deep in profit unless I feel that I can let them ride for many weeks or a few months.

What's your thoughts on this and what days do you trade on?

Do you place trades on Monday's or wait until Tuesday's because most Monday's are really slow?
It's time we stop entertaining ourselves and start realizing ourselves!
  • #403,850
  • Oct 23, 2014 8:22pm Oct 23, 2014 8:22pm
Quoting polonoon
i think this is the high for GJ
SHORT GJ from 173.293
A good trader follows his rules, but great trader knows when to break them
  • #403,851
  • Edited 9:04pm Oct 23, 2014 8:30pm | Edited 9:04pm
Quoting ill_be_back
{quote} SHORT GJ from 173.293
Yeah the Yen was trying hard to strengthen but now it's simply flattening out.

The Swiss Franc is trying to take the lead...
It's time we stop entertaining ourselves and start realizing ourselves!
  • #403,852
  • Oct 23, 2014 9:02pm Oct 23, 2014 9:02pm
The market is in a tight squeeze right now and trying to pick a direction to breakout from.

CAD, CHF, NZD are trying to get stronger but let's see what happens before this GBP GDP q/q news is released...
It's time we stop entertaining ourselves and start realizing ourselves!
  • #403,853
  • Oct 23, 2014 9:02pm Oct 23, 2014 9:02pm
Quoting moneyflow21
{quote} Yeah, right now almost all Yen pairs are going down. AUD/Yen is another goody at the moment. Let's hope we get a really strong push during this Sydney/Asian Session
If it re-captures 173.25 and gets over 173.4/5 it's going up again.
  • #403,854
  • Oct 23, 2014 9:06pm Oct 23, 2014 9:06pm
Quoting ill_be_back
{quote} SHORT GJ from 173.293
173.20 is present rate... what is your TP and SL??... lowest it has been since asia open is 172.98
  • #403,855
  • Oct 23, 2014 9:07pm Oct 23, 2014 9:07pm
GBP/CHF, GBP/CAD and GBP/NZD sells could be forming but trade at your own risk!
It's time we stop entertaining ourselves and start realizing ourselves!
  • #403,856
  • Oct 23, 2014 9:09pm Oct 23, 2014 9:09pm
Quoting ill_be_back
{quote} SHORT GJ from 173.293
is 172.00 possible?
  • #403,857
  • Oct 23, 2014 9:24pm Oct 23, 2014 9:24pm
Quoting poseikwame
{quote} is 172.00 possible?
With a loss of 173 and 172.75, it's quite likely.
  • #403,858
  • Oct 23, 2014 9:29pm Oct 23, 2014 9:29pm
Quoting poseikwame
{quote} is 172.00 possible?
TP OPEN, But it should Touch 171.6990
A good trader follows his rules, but great trader knows when to break them
  • #403,859
  • Oct 23, 2014 9:53pm Oct 23, 2014 9:53pm
Quoting moneyflow21
{quote} Hey PoundTrader, I'm starting to do the same thing. I believe it's best to only open trades on Tuesday's, Wednesday's and Thursday's and close them out on Friday especially if they are deep in profit unless I feel that I can let them ride for many weeks or a few months. What's your thoughts on this and what days do you trade on? Do you place trades on Monday's or wait until Tuesday's because most Monday's are really slow?
I trade monday thru friday but if i get into a trade lets say monday or tuesday and it's takes off like gbp/nzd and im up by 300 pips before friday i will close the trade by thursday close 5pm est, it's seems like when there's a big trend early in the week friday likes to takes to reverse the trend a little and take pips from you, plus i like to get a early start on the weekend
  • #403,860
  • Oct 23, 2014 10:20pm Oct 23, 2014 10:20pm
Quoting PoundTrader
{quote}I trade monday thru friday but if i get into a trade lets say monday or tuesday and it's takes off like gbp/nzd and im up by 300 pips before friday i will close the trade by thursday close 5pm est, it's seems like when there's a big trend early in the week friday likes to takes to reverse the trend a little and take pips from you, plus i like to get a early start on the weekend
Okay thanks.

Yeah that Pound/Kiwi can really move!
It's time we stop entertaining ourselves and start realizing ourselves!
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