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Cable Update (GBPUSD)

  • #55,701
  • Feb 25, 2008 9:58am Feb 25, 2008 9:58am
Quoting nAVIN2007
we are going back up!!...i rounded all the bulls together and let them lose..

yeehii!!!!
about time too
hope you're not in front of the bulls cowboy....
Never Give Up.....
  • #55,702
  • Feb 25, 2008 10:02am Feb 25, 2008 10:02am
Quoting lessy
hope you're not in front of the bulls cowboy....
I will let u know especially if we go down..
  • #55,703
  • Feb 25, 2008 10:04am Feb 25, 2008 10:04am
man, 2nd straight day with a range less than 100 pips, this sucks a lot!
  • #55,704
  • Feb 25, 2008 10:05am Feb 25, 2008 10:05am
Quoting nAVIN2007
we are going back up!!...i rounded all the bulls together and let them lose..

yeehii!!!!
about time too
i dont know about that man. my technicals show that it tried hitting around 9700 many times but failed plus fundamentals are against cable now.
I think its going down.
i still have one short im not shorting anymore
tp: 9400
sl:9730

wat do u think??
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,705
  • Feb 25, 2008 10:09am Feb 25, 2008 10:09am
LOL, those were bears under Bull SKin (B.S)

Quoting nAVIN2007
we are going back up!!...i rounded all the bulls together and let them lose..

yeehii!!!!
about time too
  • #55,706
  • Feb 25, 2008 10:10am Feb 25, 2008 10:10am
I am initiating a few ancient mystic ceremonies to force the cable down to ground.. Forces of the middle earth are gathering now... OOOOO

Quoting salah k.
i dont know about that man. my technicals show that it tried hitting around 9700 many times but failed plus fundamentals are against cable now.
I think its going down.
i still have one short im not shorting anymore
tp: 9400
sl:9730

wat do u think??
  • #55,707
  • Feb 25, 2008 10:15am Feb 25, 2008 10:15am
look at the small retrangle.....if this trendline break....i will short like crazy but i feel its being rejected and 4 hr stochastics indicates postive diverence if u ask me...i feel we are moving up.
monthly chart candle is starting to take a hammer formation..open and closes narrowing, indicate indecision...hopefully taking us up
downstairs is tested and failed...i cant see it!

but what do i know ....?
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  • #55,708
  • Feb 25, 2008 10:21am Feb 25, 2008 10:21am
Quoting nAVIN2007
look at the small retrangle.....if this trendline break....i will short like crazy but i feel its being rejected and 4 hr stochastics indicates postive diverence if u ask me...i feel we are moving up.
monthly chart candle is starting to take a hammer formation..open and closes narrowing, indicate indecision...hopefully taking us up
downstairs is tested and failed...i cant see it!

but what do i know ....?
i understand wat ur saying but i mean we have been trying to test 9720 or 30 but so far not enough juice
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,709
  • Feb 25, 2008 10:24am Feb 25, 2008 10:24am
nAVIN, i'm gonna take a rest... it's 11pm here...
may be i'll awake in 2am.. just wanna see the next candle in H4...
see U around....
good luck & happy trading for you all...
Never Give Up.....
  • #55,710
  • Feb 25, 2008 10:24am Feb 25, 2008 10:24am
Quoting shiva
I am initiating a few ancient mystic ceremonies to force the cable down to ground.. Forces of the middle earth are gathering now... OOOOO
u dont have to mock us just show us y we r wrong.
thnx anyway
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,711
  • Feb 25, 2008 10:26am Feb 25, 2008 10:26am
actually when it was undersoled it moved up rougly 66 pips now its overbought it moved down 33 pips the next cycle i reckon the divergence will kick in and there will be the juice....

so long as it closes above 50 % fib we are sweet!!
  • #55,712
  • Feb 25, 2008 10:27am Feb 25, 2008 10:27am
Quoting salah k.
i dont know about that man. my technicals show that it tried hitting around 9700 many times but failed plus fundamentals are against cable now.
I think its going down.
i still have one short im not shorting anymore
tp: 9400
sl:9730

wat do u think??
Look for 560 and adjust your stop to 50 pip tp. and adjust if it keeps going down.
  • #55,713
  • Feb 25, 2008 10:28am Feb 25, 2008 10:28am
Quoting salah k.
u dont have to mock us just show us y we r wrong.
thnx anyway
Dude, I am joking, not mocking, there is a difference
  • #55,714
  • Feb 25, 2008 10:30am Feb 25, 2008 10:30am
Quoting lessy
nAVIN, i'm gonna take a rest... it's 11pm here...
may be i'll awake in 2am.. just wanna see the next candle in H4...
see U around....
good luck & happy trading for you all...
see ya buddy
  • #55,715
  • Feb 25, 2008 10:31am Feb 25, 2008 10:31am
Quoting dobbie11
Look for 560 and adjust your stop to 50 pip tp. and adjust if it keeps going down.
good safe plan
i think i will do that.
thnx
"what doesn't bankrupt me, makes me stronger" modern nietzche
  • #55,716
  • Feb 25, 2008 10:40am Feb 25, 2008 10:40am
Quoting salah k.
good safe plan
i think i will do that.
thnx
welcome. 1.9662 has to be broke. But it will range the rest of the day. You can also close 1/2 your order after 50 pips profit and then move stop to break even. Take what the market will give you and do not be greedy as there are pips every day. If you can grab 20 to 30 pips a day at $5 or $10 a pip that is not bad and then long term and med term trades at $2 to $3 and make an extra 500 pips a month that is not a bad living. Also if u r still using a demo lose it and open a real account I state this because playing with play money is still not the same as real money even if it is only 500.00 live account. You will learn a lot faster and become more patient and that is the key. Let the market come to you do not go to the market.
  • #55,717
  • Feb 25, 2008 10:43am Feb 25, 2008 10:43am
Quoting lessy
just like you said....
cable is middle of nowhere....
i can't get a clear direction...

any suggest Mr.Allserene?
oh if I only new I would tell you all and help to push it that way (assuming some of you are major banks who get their direction from this forum)
Nope I keep looking for a bandwagon to jump on but there is nothing coming my way

think i will go feed the squirrels
  • #55,718
  • Feb 25, 2008 10:45am Feb 25, 2008 10:45am
Quoting shiva
LOL, those were bears under Bull SKin (B.S)
i was tricked again
  • #55,719
  • Feb 25, 2008 10:58am Feb 25, 2008 10:58am
Standard Monday too slow so the moves never look like moves till there gone

No trades, but only cause I hate mondays to!!

Errrr I'd risk a Long GBPUSD @1.9660 15pip stop.
EURUSD 1.4810 long to, same stop.
USDJPY is the best trender of the day, also long on a pull back.

Or I might go for a swim!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #55,720
  • Feb 25, 2008 11:05am Feb 25, 2008 11:05am
Quoting nAVIN2007
i was tricked again
hehe, there are no tricks in this game, price always returns to your bep, all you need is faith and capital
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