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Cable Update (GBPUSD)

  • #64,701
  • May 8, 2008 3:51am May 8, 2008 3:51am
TP hit!
I din't remove the TP because it shot so fast!
  • #64,702
  • May 8, 2008 3:51am May 8, 2008 3:51am
I am starting to feel the pressure, I need to close some lots out ....NOW !!!
The quality of your life is brought about by the quality of your thinking.
  • #64,703
  • May 8, 2008 3:54am May 8, 2008 3:54am
Quoting manize
H1 open/close above 1.9541 and she moves up. Let see how far it goes ! 1sy target 1.9600
that looks crazy strong move..i guess it'll crash 96...i'll look for further target

like r1...what u guys think???
  • #64,704
  • May 8, 2008 3:56am May 8, 2008 3:56am
Waiting for the candle to close and then I'll decide
The quality of your life is brought about by the quality of your thinking.
  • #64,705
  • May 8, 2008 3:57am May 8, 2008 3:57am
Still holding longs from yesterday. 9527 .. SL moved to BE +5
USD Est Non Mortuus
  • #64,706
  • May 8, 2008 4:04am May 8, 2008 4:04am
Closed 100 lots, holding the other 40 for a possible second push up
The quality of your life is brought about by the quality of your thinking.
  • #64,707
  • May 8, 2008 4:07am May 8, 2008 4:07am
thats what i'll do...moving b.e and looking for more..although second target seems pretty hard i'll try it...like almost 300 pips
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  • #64,708
  • May 8, 2008 4:08am May 8, 2008 4:08am
Well, secure port.

Just now my positions were closed. Cool. Now a TS 20 pips with ½ size of what I had till now. Gravy time!
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  • #64,709
  • May 8, 2008 4:09am May 8, 2008 4:09am
Quoting nomask
that looks crazy strong move..i guess it'll crash 96...i'll look for further target

like r1...what u guys think???
New H4 candle open at 1.9598, I guess still strong upward.
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #64,710
  • May 8, 2008 4:09am May 8, 2008 4:09am
Quoting LuckyLurker
Still holding longs from yesterday. 9527 .. SL moved to BE +5
good luck....watch the 62 ema on 1 hr ...
that ema has a habit of changing things
  • #64,711
  • May 8, 2008 4:09am May 8, 2008 4:09am
I stop on middle of train TP@9581, I missed to remove the TP setting.
Wish you all to continue enjoy the journey to Top North!
  • #64,712
  • May 8, 2008 4:16am May 8, 2008 4:16am
Quoting Carrera
Well, secure port.

Just now my positions were closed. Cool. Now a TS 20 pips with ½ size of what I had till now. Gravy time!
hi brother i was out my 1st @1.9600
now wait for my 2nd...
however still wait your 61% that you say before...
thanks for your update..
  • #64,713
  • May 8, 2008 4:21am May 8, 2008 4:21am
It didnt take fancy charts or extreme indicators, just a simple breakout. Price did break the daily pivot and the 89 SM on the 15 min chart, so it could go to 9637 or abouts.
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  • #64,714
  • May 8, 2008 4:22am May 8, 2008 4:22am
I just place a buy traling stop 20 pips and wait for it to come to me.
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  • #64,715
  • May 8, 2008 4:26am May 8, 2008 4:26am
Quoting LuckyLurker
Still holding longs from yesterday. 9527 .. SL moved to BE +5
Targeting 9727. Going back to bed.
USD Est Non Mortuus
  • #64,716
  • May 8, 2008 4:29am May 8, 2008 4:29am
Quoting LuckyLurker
Targeting 9727. Going back to bed.
That would be SWEET!!!!.........with the hold on the BOE, seems very likely, they are not in a hurry to go anywhere.

  • #64,717
  • May 8, 2008 4:31am May 8, 2008 4:31am
Price started trending up put my buys at +5 too.
I know its trending good as the red ema is at 60 degrees.
All on news now.

too busy to watch though good luck everone.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #64,718
  • May 8, 2008 4:31am May 8, 2008 4:31am
Hey all,
One point to make here, when you break the DPP like this, your stop should be behind it because a lot of times it will provide heavy support and give a good continuation bounce.
  • #64,719
  • May 8, 2008 4:32am May 8, 2008 4:32am
Have any idea to join again the train to north?
Or I start to wait for another Short retracement?
  • #64,720
  • May 8, 2008 4:32am May 8, 2008 4:32am
Hey Bones, flip it to the 15 Min T/F and look where it stopped.

Jim

Quoting Bones
Price started trending up put my buys at +5 too.
I know its trending good as the red ema is at 60 degrees.
All on news now.

too busy to watch though good luck everone.
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