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Cable Update (GBPUSD)

  • #84,021
  • Aug 25, 2008 10:37pm Aug 25, 2008 10:37pm
Quoting eohater
why post a trade if your not going to keep everyone updated?
i'm not always at my desk...
my pc always on & of course my name will be appear...
i'm trade at the work place...
but already closed with +42 pip...
now waiting the good entry...
i'm sure everybody waiting this..
10:00pm USDhttp://www.forexfactory.com/images/m...mpact_high.gifNew Home Sales
http://www.forexfactory.com/images/m...etail_star.gif
530K530K
  • #84,022
  • Aug 25, 2008 10:38pm Aug 25, 2008 10:38pm
Quoting Qu|cksilver
Im little confused right now.

1. I still can't find which direction the train is going for this week. I know intermediate/long term trend still bearish.

2. Looking at my 1 hr chart i see the price right now still playing at the support. I hope it will not break the support.

3. On 4hr chart price already hit the support 3 times so i assume we are going long.

and im still long with tight stoploss. i dont think it will break 8455. but anything can happen. i set my stoploss at 8450.
Nice stoploss. It allows you an opportunity to jump on the southbound train. I'm letting mine open a little bit more at 1.8392. If it should drop more and hold at 1.84, I'll add another long keeping the same SL.
Just digging in the trenches like everyone else!
  • #84,023
  • Aug 25, 2008 10:39pm Aug 25, 2008 10:39pm
Quoting fx_open
i'm not always at my desk...
my pc always on & of course my name will be appear...
i'm trade at the work place...
but already closed with +42 pip...
now waiting the good entry...
i'm sure everybody waiting this..
10:00pm USDhttp://www.forexfactory.com/images/m...mpact_high.gifNew Home Sales
http://www.forexfactory.com/images/m...etail_star.gif
530K530K
thank you for the update. I think you had a very nice short entry.
Just digging in the trenches like everyone else!
  • #84,024
  • Aug 25, 2008 10:45pm Aug 25, 2008 10:45pm
Quoting eohater
thank you for the update. I think you had a very nice short entry.
yup...
but normally i'm miss the boat...
and waiting again...
but always have another boat...
  • #84,025
  • Aug 25, 2008 10:47pm Aug 25, 2008 10:47pm
Quoting fx_open
yup...
but normally i'm miss the boat...
and waiting again...
but always have another boat...
there is always another boat! many forget this and start chasing.
Just digging in the trenches like everyone else!
  • #84,026
  • Aug 25, 2008 10:47pm Aug 25, 2008 10:47pm
My 4h looks like more down movement is in store.. We could retest 8400 again....
Attached Image (click to enlarge)
Click to Enlarge Name: 4.GIF Size: 18 KB
Patience + Discipline - Greed = Success
  • #84,027
  • Aug 25, 2008 10:52pm Aug 25, 2008 10:52pm
Quoting Infinity
My 4h looks like more down movement is in store.. We could retest 8400 again....
yup, maybe yes or maybe no..
"Invest With The Insiders, Not The Masses" George Muzea
  • #84,028
  • Aug 25, 2008 10:53pm Aug 25, 2008 10:53pm
Quoting Qu|cksilver
yup, maybe yes or maybe no..
but what i think, it will not break 8400 again.
"Invest With The Insiders, Not The Masses" George Muzea
  • #84,029
  • Aug 25, 2008 11:00pm Aug 25, 2008 11:00pm
The U.S. stock market fell sharply on Monday on renewed concerns over the health of several financial firms.

Despite the strong correlation between stocks and carry, it is expected USD to rally further on interest rate differentials.


Have a nice day
I am back. Actually, I never left...
  • #84,030
  • Aug 25, 2008 11:00pm Aug 25, 2008 11:00pm
Quoting Qu|cksilver
but what i think, it will not break 8400 again.
It might not break it right away, but I still think this level is possible....

Quoting Infinity
I'm thinking the 38.2 fib level as shown here which is about 1.8350. We could see a bounce from there but it could also continue lower..
Patience + Discipline - Greed = Success
  • #84,031
  • Aug 25, 2008 11:01pm Aug 25, 2008 11:01pm
Perhaps Ago 1,848x After 1,8400
  • #84,032
  • Aug 25, 2008 11:03pm Aug 25, 2008 11:03pm
Quoting Infinity
It might not break it right away, but I still think this level is possible....
I agree
I am back. Actually, I never left...
  • #84,033
  • Aug 26, 2008 1:45am Aug 26, 2008 1:45am
Well, i made my 30 pips again as predicted. I shorted from 1.8480 and price went way below my tp. I hope everyone else made their profits tonight.... Another happy trading day.. Good luck everyone
  • #84,034
  • Aug 26, 2008 1:58am Aug 26, 2008 1:58am
I set entry at 1.8422, TP 1.8464What do anyone thing. I seem not to flow with the trend anymore... things are unpredictable.Helppppppp!
  • #84,035
  • Aug 26, 2008 1:59am Aug 26, 2008 1:59am
Quoting Forextrader4
Well, i made my 30 pips again as predicted. I shorted from 1.8480 and price went way below my tp. I hope everyone else made their profits tonight.... Another happy trading day.. Good luck everyone
Is that your plan? to take 30 pips a night?
very nice. Seems like we have the same idea.
  • #84,036
  • Aug 26, 2008 2:02am Aug 26, 2008 2:02am
Quoting Agent-Pipen
Is that your plan? to take 30 pips a night?
very nice. Seems like we have the same idea.
You don't need to make all the pips. It's what you do with the pips that you make that equals success!
  • #84,037
  • Aug 26, 2008 2:23am Aug 26, 2008 2:23am
whats happend to cable
am wondering
every night u cant go away with out close ur buy
or let your sells and sleep well

so bad cable
  • #84,038
  • Aug 26, 2008 2:35am Aug 26, 2008 2:35am
Yeah, guess it is now 1.846x/8x bound.

Am fully long now

Hope i wont have one of those surprises this time around.
  • #84,039
  • Aug 26, 2008 2:36am Aug 26, 2008 2:36am
I'm no expert, but I made about 30 pips earlier with a sell from 1.8451. I'm out now, but wondering if it is almost time to long? I don't see it falling below the 1.8400 level without some kind of retrace. But like I said, I'm no expert... just learning.
Do you think the karate kid knows kung-fu?
  • #84,040
  • Aug 26, 2008 2:39am Aug 26, 2008 2:39am
Quoting ddblue
I'm no expert, but I made about 30 pips earlier with a sell from 1.8451. I'm out now, but wondering if it is almost time to long? I don't see it falling below the 1.8400 level without some kind of retrace. But like I said, I'm no expert... just learning.
Howdy dd,

it is testing 1.8402 resistance...I am biased to short or wait as the trend is clearly down...
Anyway..wait for new @ 4 am est..

sonic
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