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Cable Update (GBPUSD)

  • #76,841
  • Jul 22, 2008 7:32am Jul 22, 2008 7:32am
Quoting DJ4x
This is what makes it so cool to trade if u have small enough positions open. You can hold until it turns in your direction.
Yup or until your account blows
Attached Image
When life gives you lemons, make lemonade
  • #76,842
  • Jul 22, 2008 7:34am Jul 22, 2008 7:34am
Quoting micho
Yup or until your account blows
Thats why I said small enough position...
  • #76,843
  • Jul 22, 2008 7:37am Jul 22, 2008 7:37am
Quoting DJ4x
Thats why I said small enough position...
yea but sometimes the potential energy is much bigger than the tugging force
When life gives you lemons, make lemonade
  • #76,844
  • Jul 22, 2008 7:40am Jul 22, 2008 7:40am
If you are not short already......hold your horses.....there is a trendline in this area 1.9950-63... cannot post chart now...
Patience + Discipline - Greed = Success
  • #76,845
  • Jul 22, 2008 7:41am Jul 22, 2008 7:41am
I'm out. Its been a good day. Will wait for later to see which way the wind blows. Happy trading all
  • #76,846
  • Jul 22, 2008 7:48am Jul 22, 2008 7:48am
Quoting Infinity
If you are not short already......hold your horses.....there is a trendline in this area 1.9950-63... cannot post chart now...

different view......maybe
Attached Image (click to enlarge)
Click to Enlarge Name: x.gif Size: 22 KB
  • #76,847
  • Jul 22, 2008 8:04am Jul 22, 2008 8:04am
Anybody looking to go long here @1.9660
Please ask questions and share your experiences with us all!
  • #76,848
  • Jul 22, 2008 8:05am Jul 22, 2008 8:05am
Quoting bkg102665
Anybody looking to go long here @1.9660
1.9660??? hmmm.. did you mean 1.9960?
Just digging in the trenches like everyone else!
  • #76,849
  • Jul 22, 2008 8:05am Jul 22, 2008 8:05am
hey guys i got a msg from Moe .. here is the text :

whats up bro, i was in the room yesterday as
allyourpips twee found out and ban me for life, i was
also told that somebody in the room rat me out, i do
miss you guys and i hope twee give me another chance
but who knows, im doing fine and still making pips, if
you every need anything plaese let me know,
take care and tell the guys i
miss them.
  • #76,850
  • Jul 22, 2008 8:06am Jul 22, 2008 8:06am
Yeah, thanks for the correction,1.9960
Please ask questions and share your experiences with us all!
  • #76,851
  • Jul 22, 2008 8:13am Jul 22, 2008 8:13am
the 4 h gann hilo will bounce the price for a nice 20 pips but the target still @ 900
have a good trade guys
  • #76,852
  • Jul 22, 2008 8:14am Jul 22, 2008 8:14am
@abuawad..
thx.. u gave me some $$
uhmm at least for today
  • #76,853
  • Jul 22, 2008 8:16am Jul 22, 2008 8:16am
Quoting bkg102665
Yeah, thanks for the correction,1.9960
I would not recommend that trade at this point. I'm not looking for a long right now until 1.985x area.
Just digging in the trenches like everyone else!
  • #76,854
  • Jul 22, 2008 8:20am Jul 22, 2008 8:20am
After a Bullish engulfing on yesterdays candle we go down? Shows you dont only rely on one factor.

was short but bailed again too early, at lease
+pips
  • #76,855
  • Jul 22, 2008 8:22am Jul 22, 2008 8:22am
Quoting nAVIN2007
different view......maybe
Your analysis is quite possible. This was what I was seeing but it is breached as a write this. I got 100 pips from this move and I am out for now.

There is a lot of room to move down more on the 4h chart and there was weakness in the weekly chart from the get go.. I think 9800 area this week...
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.GIF Size: 25 KB
Patience + Discipline - Greed = Success
  • #76,856
  • Jul 22, 2008 8:24am Jul 22, 2008 8:24am
Quoting Infinity
Your analysis is quite possible. This was what I was seeing but it is breached as a write this. I got 100 pips from this move and I am out for now.

There is a lot of room to move down more on the 4h chart and the there was weakness in the weekly chart from the get go.. I think 9800 area this week...

sup bro
  • #76,857
  • Jul 22, 2008 8:26am Jul 22, 2008 8:26am
well nice and clean 100 pips from 2.0030 to 1.9930. see you when US session is over.
by the way please say hi to MOE, i hope he is ok now.. looking to see him here soon...
happy trading my firends
  • #76,858
  • Jul 22, 2008 8:27am Jul 22, 2008 8:27am
Quoting Runway Trade
After a Bullish engulfing on yesterdays candle we go down? Shows you dont only rely on one factor.

was short but bailed again too early, at lease
+pips
Yeah for the positive pips!

I've rode this beast short, long and short for 150 for the day. I'm done! Unfortunately, I left pips on the table. But like you said, it's positive!
Just digging in the trenches like everyone else!
  • #76,859
  • Jul 22, 2008 8:27am Jul 22, 2008 8:27am
Quoting Runway Trade
After a Bullish engulfing on yesterdays candle we go down? Shows you dont only rely on one factor.

was short but bailed again too early, at lease
+pips
That candle was good for 70 pips....
Patience + Discipline - Greed = Success
  • #76,860
  • Jul 22, 2008 8:27am Jul 22, 2008 8:27am
Quoting iflogic
@abuawad..
thx.. u gave me some $$
uhmm at least for today
you are welcome, then forward my cut you are the one who make the money not me...
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