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Cable Update (GBPUSD)

  • #61,861
  • Apr 17, 2008 6:24am Apr 17, 2008 6:24am
Just closed a long from 1.9732 @ 1.9822 .
Took a short from 1.9814
  • #61,862
  • Apr 17, 2008 6:30am Apr 17, 2008 6:30am
closed long from 9700 at 9810 for +110

now short 9810
  • #61,863
  • Edited 6:54am Apr 17, 2008 6:31am | Edited 6:54am
Quoting hyperbolic
Easy to get Unknown Area values but how are you getting S/R and targets?

tia
I don't use S/R targets. Depend on how strong the current trend... when the cable move start rather slow and indicate reverse I'll close quickly ..
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #61,864
  • Apr 17, 2008 6:39am Apr 17, 2008 6:39am
Quoting tomaz55
closed long from 9700 at 9810 for +110

now short 9810
no dare to enter, 1 hours countdown for news
  • #61,865
  • Apr 17, 2008 6:41am Apr 17, 2008 6:41am
big pin bar on H1
  • #61,866
  • Apr 17, 2008 6:43am Apr 17, 2008 6:43am
Quoting magictrader
big pin bar on H1
indecision is good for down hopefully ... i got rid of 0.1 lot just incase news might mess it all up!
  • #61,867
  • Apr 17, 2008 6:55am Apr 17, 2008 6:55am
i dont wait that movement before news what happened guys?
  • #61,868
  • Apr 17, 2008 6:57am Apr 17, 2008 6:57am
ec junker talks again about g7 fx comments forced euro down took cable with it
Trading is 80% Emotional, 20% Technical
  • #61,869
  • Apr 17, 2008 6:58am Apr 17, 2008 6:58am
Do someone have some news about Claims that they buying Dollar so strong before it?? Or maybe it's just only good oportunity to sell $
  • #61,870
  • Apr 17, 2008 6:58am Apr 17, 2008 6:58am
Quoting avi907
i dont wait that movement before news what happened guys?
nothing bro its just news u never know so i thought it best for me to lighten the load as i cant afford risk which is to to great ..this trade is looking like the one ...evening star formation forming we looking good to go!!
  • #61,871
  • Apr 17, 2008 7:00am Apr 17, 2008 7:00am
Maybe the numbers were leaked early, you cant tell me that there isn't anyone that knows those numbers before exactly 8:30...If you do, then your nuts.


Lol

Quoting avi907
i dont wait that movement before news what happened guys?
  • #61,872
  • Apr 17, 2008 7:01am Apr 17, 2008 7:01am
Quoting magictrader
Do someone have some news about Claims that they buying Dollar so strong before it?? Or maybe it's just only good oportunity to sell $
ec junker comments on euro fx, euro sold off 50-70 pips, cable fell off abit but euro sterling weakness keeping cable up
Trading is 80% Emotional, 20% Technical
  • #61,873
  • Apr 17, 2008 7:04am Apr 17, 2008 7:04am
Quoting hard1head1
Maybe the numbers were leaked early, you cant tell me that there isn't anyone that knows those numbers before exactly 8:30...If you do, then your nuts.


Lol
you are right bro i wish i know the numbers
  • #61,874
  • Apr 17, 2008 7:08am Apr 17, 2008 7:08am
That falling 4 hr wedge is still intact. Told you we would get to play the top if we were just patient, Nav. Patience is paying off.

J
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  • #61,875
  • Apr 17, 2008 7:10am Apr 17, 2008 7:10am
Quoting hard1head1
Maybe the numbers were leaked early, you cant tell me that there isn't anyone that knows those numbers before exactly 8:30...If you do, then your nuts.


Lol

i agree but ...at the same time the move down might just be there to make u enter short ..banks play these games this is why folks like us have to be even better just to make it ..
  • #61,876
  • Apr 17, 2008 7:13am Apr 17, 2008 7:13am
Hey guys, it could be a good thing, I am up on both pairs, G/U & E/U going short. If the numbers are bad we will be in high cotton in about 15 minutes. I will pull my stops down about 3 minutes before release. Good luck
  • #61,877
  • Apr 17, 2008 7:14am Apr 17, 2008 7:14am
And thats why I pull my stops down..... LOL

Quoting nAVIN2007
i agree but ...at the same time the move down might just be there to make u enter short ..banks play these games this is why folks like us have to be even better just to make it ..
  • #61,878
  • Apr 17, 2008 7:14am Apr 17, 2008 7:14am
Quoting hard1head1
That falling 4 hr wedge is still intact. Told you we would get to play the top if we were just patient, Nav. Patience is paying off.

J

yes buddy u were right ...but still i still aint quite there yet, i need to be more patient
  • #61,879
  • Apr 17, 2008 7:16am Apr 17, 2008 7:16am
Quoting nAVIN2007
i agree but ...at the same time the move down might just be there to make u enter short ..banks play these games this is why folks like us have to be even better just to make it ..
that is right, too but i think news isn't as bad as expected i may be wrong who knows just i will wait and see
  • #61,880
  • Apr 17, 2008 7:21am Apr 17, 2008 7:21am
so how far do u guy suggest the stop should be .....cause i dont even have a stop right now...
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