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Cable Update (GBPUSD)

  • #76,881
  • Jul 22, 2008 11:27am Jul 22, 2008 11:27am
Quoting Gubster
can it breach 19900 tonight ?


JUST DID :-)
  • #76,882
  • Jul 22, 2008 11:28am Jul 22, 2008 11:28am
Quoting DJ4x
Hi, It hasn't reached your target to place longs, so according to your system have you stayed out of the market completely or do u scalp a bit here and there?
----

Quoting LuckyLurker
AH I think this trend continues now. Bought gbp @ 9813
This order from the 9th was closed at the second test of high 2.0079

Quoting LuckyLurker
9830 - 9770 is where im looking to buy..
And here is where im looking to buy again. So I'm waiting for the market to come to me.. if it doesn't ohwell, I'll re-evaluate it at that time.

Quoting LuckyLurker
My buy order is set to 9604 haha.. A fat Tiger waiting for that easy prey after last weeks kill; I'm prowling in the bushes. plundering, exploiting and taking easy targets.
And another buy here.
USD Est Non Mortuus
  • #76,883
  • Jul 22, 2008 11:29am Jul 22, 2008 11:29am
Quoting LuckyLurker
----


This order from the 9th was closed at the second test of high 2.0079


And here is where im looking to buy again. So I'm waiting for the market to come to me.. if it doesn't ohwell, I'll re-evaluate it at that time.
Cool, patience is the name of the game. Thanks
  • #76,884
  • Jul 22, 2008 11:30am Jul 22, 2008 11:30am
Quoting LuckyLurker
More or less thats about how I feel about it too. Same ol' Same ol'. Still looking to buy at my original target.
The fall all the way to 1.99 is surprising, I would have thought 33 or 17 would have been the resting place

If it does not stabilise here it will get interesting and I have a decision to make now with my new long
  • #76,885
  • Jul 22, 2008 11:30am Jul 22, 2008 11:30am
Quoting AmeriTrini
This daily doesn't say anything bearish, today's candle broke the high of the last three days!!! what is bearish about that? and not to mention the low has not be taken out as of yet, take a look at that daily again and reaccess the situation........I'm sure your view will change and as far as the weekly goes, the bullish trend has been getting stronger for the last two weeks. This is an opportunity to buy on a dip!!!

I just saw the lightbulb.......you were saying.....?
Patience + Discipline - Greed = Success
  • #76,886
  • Jul 22, 2008 11:33am Jul 22, 2008 11:33am
Quoting Infinity
I just saw the lightbulb.......you were saying.....?
read the last sentence in my quote. you will get it sooner or later, dont worry. Its the 50% fib. of the current rally. If anyone voted for a hike or unanimous hold tomorrow, you better kiss those shorts goodbye. Support was not broken but merely, breached for a moment.
  • #76,887
  • Jul 22, 2008 11:35am Jul 22, 2008 11:35am
what is this? 200 pips in 5 hours
When life gives you lemons, make lemonade
  • #76,888
  • Jul 22, 2008 11:36am Jul 22, 2008 11:36am
i went long ......oh crap its still falling
wow that was close.....i thought this gonna break support again ...

once again i did a idiot entery...i just dont learn
  • #76,889
  • Jul 22, 2008 11:38am Jul 22, 2008 11:38am
aha .......... its heading to 9800......... good for my acc.
I Deeply Love My Virtual Life In Virtual World , RLC
  • #76,890
  • Jul 22, 2008 11:38am Jul 22, 2008 11:38am
Quoting AmeriTrini
read the last sentence in my quote. you will get it sooner or later, dont worry.
I am not worried at all....

Hear mi now bredjrin, as I stated from last week, I am still bullish long term but I trade both ways on smaller timeframes. Last week's close is the basis for my short bias this week. I think we will go to the bottom of the channel I posted some days ago and then resume up from there. We are basically on the same page so there is no need to jab.......Good luck to you bro...
Patience + Discipline - Greed = Success
  • #76,891
  • Jul 22, 2008 11:41am Jul 22, 2008 11:41am
I just entered long at 1.9909.....
  • #76,892
  • Jul 22, 2008 11:42am Jul 22, 2008 11:42am
Quoting Infinity
I am not worried at all....

Hear mi now bredjrin, as I stated from last week, I am still bullish long term but I trade both ways on smaller timeframes. Last week's close is the basis for my short bias this week. I think we will go to the bottom of the channel I posted some days ago and then resume up from there. We are basically on the same page so there is no need to jab.......Good luck to you bro...
I dont like drawing trendlines, I usually draw them wrong!!!!!!!...LOL!!!
  • #76,893
  • Jul 22, 2008 11:46am Jul 22, 2008 11:46am
Quoting AmeriTrini
I dont like drawing trendlines, I usually draw them wrong!!!!!!!...LOL!!!
Trendlines are more powerful than a lot of people think.....if you draw them right..
Patience + Discipline - Greed = Success
  • #76,894
  • Jul 22, 2008 11:47am Jul 22, 2008 11:47am
Quoting Infinity
Trendlines are more powerful than a lot of people think.....if you draw them right..
I didnt say they weren't, but you can trade this market without them because if I used them I would be broke
  • #76,895
  • Jul 22, 2008 11:48am Jul 22, 2008 11:48am
GU just stopped falling in the middle of that big up swing: from 1.9670 to 2.0150
i see here just a middle pivot line of that swing, so we could be hang here for a while and.. might be a good place for longs
but as fact i don't like 4h chart for longs :/
  • #76,896
  • Jul 22, 2008 11:48am Jul 22, 2008 11:48am
Quoting Infinity
I am not worried at all....

Hear mi now bredjrin, as I stated from last week, I am still bullish long term but I trade both ways on smaller timeframes. Last week's close is the basis for my short bias this week. I think we will go to the bottom of the channel I posted some days ago and then resume up from there. We are basically on the same page so there is no need to jab.......Good luck to you bro...

impressive stuff.....u killing it! both ways
u really trading what u see
  • #76,897
  • Jul 22, 2008 11:56am Jul 22, 2008 11:56am
Quoting AmeriTrini
I didnt say they weren't, but you can trade this market without them because if I used them I would be broke
I doubt that.....However, whatever works consistently for you should not be discarded. There is an old saying... "if it ain't broke, don't fix it".
Patience + Discipline - Greed = Success
  • #76,898
  • Jul 22, 2008 11:56am Jul 22, 2008 11:56am
Quoting nAVIN2007
impressive stuff.....u killing it! both ways
u really trading what u see
Patience + Discipline - Greed = Success
  • #76,899
  • Jul 22, 2008 12:23pm Jul 22, 2008 12:23pm
this middle green line surely plays big role of this up trend(as it is pivot), i expect it to work as a support... but who knows.. im not going to rush. 4h looks bearish
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  • #76,900
  • Jul 22, 2008 12:36pm Jul 22, 2008 12:36pm
Quoting DJ4x
I just entered long at 1.9909.....
I'll wait for it to drop 30-40 pips and then enter long. You always get the direction right but enter to soon so I'll follow you just lagging.

DJ just joking my long signal looks about 30min from triggering but I hate trading this time of night as it is either flat or violent. Might wait till the morning….. but then again it should retract after this 200pip drop
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munlee