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Cable Update (GBPUSD)

  • #63,601
  • May 1, 2008 3:42am May 1, 2008 3:42am
s/l at break even 1.9853.
If I Go Broke Trying Then I Will die happy.
  • #63,602
  • May 1, 2008 3:43am May 1, 2008 3:43am
Quoting Moe
s/l at break even 1.9853.
did u short?
  • #63,603
  • May 1, 2008 3:44am May 1, 2008 3:44am
Quoting nAVIN2007
the trend is down, and price is in a cycle lower highs and lower lows
i agree, but u forgot to draw the support line. Looks like a triangle to me.
And we have a wonderfull pinbar on the 5 mn.

Well, i m wondering if we will see a direction today.....
  • #63,604
  • May 1, 2008 3:45am May 1, 2008 3:45am
Quoting Ultraman
yup, isn't it's be reach soon?
..didn't we reach 9900 already. i hope we reach it again and then some.
If I Go Broke Trying Then I Will die happy.
  • #63,605
  • May 1, 2008 3:45am May 1, 2008 3:45am
Quoting hirek
i agree, but u forgot to draw the support line. Looks like a triangle to me.
And we have a wonderfull pinbar on the 5 mn.

Well, i m wondering if we will see a direction today.....
i mean i agree for the lower high but i m expecting going north
  • #63,606
  • May 1, 2008 3:47am May 1, 2008 3:47am
Quoting Moe
s/l at break even 1.9853.
say goodbye, look like im heading to b/e
If I Go Broke Trying Then I Will die happy.
  • #63,607
  • May 1, 2008 3:51am May 1, 2008 3:51am
Quoting Moe
say goodbye, look like im heading to b/e
wait i still have life.
If I Go Broke Trying Then I Will die happy.
  • #63,608
  • May 1, 2008 3:51am May 1, 2008 3:51am
Quoting hirek
i agree, but u forgot to draw the support line. Looks like a triangle to me.
And we have a wonderfull pinbar on the 5 mn.

Well, i m wondering if we will see a direction today.....
the pin is a rejection to price which would be normal there plenty in the way, weekly pivot, 60,62 day moving averages everything happen to decieve the trader in believing they got it wrong ....the simple fact is the trend is down, we wont see 2.01 or figure like this till we break downtrend channel

i shall worry about this when it happens, then make a plan ..im sure with my entry i can close at a profit, i entered small and think i have every chance since the cycle now should be down ...
  • #63,609
  • May 1, 2008 3:54am May 1, 2008 3:54am
Quoting Moe
ah, 1.9000
Ah ha......... i got my target now.........
I Deeply Love My Virtual Life In Virtual World , RLC
  • #63,610
  • May 1, 2008 3:55am May 1, 2008 3:55am
navin did you say you was down 80 pips?, are you short.
If I Go Broke Trying Then I Will die happy.
  • #63,611
  • May 1, 2008 3:55am May 1, 2008 3:55am
Quoting hirek
i mean i agree for the lower high but i m expecting going north

can u explain why yur long ..?
  • #63,612
  • May 1, 2008 3:57am May 1, 2008 3:57am
Quoting Moe
navin did you say you was down 80 pips?, are you short.

yeah bro ...im sticking to 0.1 .....i can think straight and am confident in my ability...
  • #63,613
  • May 1, 2008 4:00am May 1, 2008 4:00am
Quoting nAVIN2007
yeah bro ...im sticking to 0.1 .....i can think straight and am confident in my ability...
Cable is going down now so you should be ok. Where did you get in short?
Expected the unexpected
  • #63,614
  • May 1, 2008 4:01am May 1, 2008 4:01am
Quoting scyang
Cable is going down now so you should be ok. Where did you get in short?
i came back from work and was completely distracted i entered at 1.9826 ..yesterday ...stupid stupid entery...

if we pass weekly pivot im sweet ...
  • #63,615
  • May 1, 2008 4:02am May 1, 2008 4:02am
Quoting nAVIN2007
yeah bro ...im sticking to 0.1 .....i can think straight and am confident in my ability...
take it to the bank bro
If I Go Broke Trying Then I Will die happy.
  • #63,616
  • May 1, 2008 4:05am May 1, 2008 4:05am
Quoting nAVIN2007
i came back from work and was completely distracted i entered at 1.9826 ..yesterday ...stupid stupid entery...

if we pass weekly pivot im sweet ...
Some forecast that cable will go under 1.98 so there is hope. There will be reports out of the US today and maybe the numbers will be good and will help you out. I am sidelined and waiting for the next opportunity. Made some good pips from usdchf and a little bit from a short in cable.
Expected the unexpected
  • #63,617
  • May 1, 2008 4:06am May 1, 2008 4:06am
for those that are short 1.9696 is a good target and for those that are long 2.0064 is a good target,
If I Go Broke Trying Then I Will die happy.
  • #63,618
  • May 1, 2008 4:06am May 1, 2008 4:06am
that formation on the 1 hr chart can be taken as a evening star ..
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  • #63,619
  • May 1, 2008 4:07am May 1, 2008 4:07am
long 9862 tp 9962 70 pip stop
  • #63,620
  • May 1, 2008 4:10am May 1, 2008 4:10am
Quoting tomaz55
long 9862 tp 9962 70 pip stop
i think you should be good.
If I Go Broke Trying Then I Will die happy.
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