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Cable Update (GBPUSD)

  • #86,321
  • Sep 8, 2008 1:35am Sep 8, 2008 1:35am
Quoting micho
if 1.7843 holds the next target would be 1.7643

i am not saying that it will reach there.. if the 7843 holds then the tendency is to reach the target there before any move up
Yeah...i was looking for a little bounce from the uk data...supposed to be a slight improvement...then ranging through the ny session...then gear up to resume the downtrend w/ tomorrows session....wish that damn alarm had been tripped at the top!!
  • #86,322
  • Sep 8, 2008 1:40am Sep 8, 2008 1:40am
short and holding
  • #86,323
  • Sep 8, 2008 1:41am Sep 8, 2008 1:41am
Quoting PippinAintEZ
Yeah...i was looking for a little bounce from the uk data...supposed to be a slight improvement...then ranging through the ny session...then gear up to resume the downtrend w/ tomorrows session....wish that damn alarm had been tripped at the top!!
you'll never know really, if it breaks 1.7760 then the tendency will be up again for a small bounce
When life gives you lemons, make lemonade
  • #86,324
  • Sep 8, 2008 1:41am Sep 8, 2008 1:41am
Yes i think we will continue going south. I will Sell again at 7730 area
  • #86,325
  • Sep 8, 2008 1:43am Sep 8, 2008 1:43am
Quoting mattpajek
short and holding
what price are u short at bro?
When life gives you lemons, make lemonade
  • #86,326
  • Sep 8, 2008 1:47am Sep 8, 2008 1:47am
Quoting Ritz
Yes i think we will continue going south. I will Sell again at 7730 area
i think it will be good to sell at 1.7722 but you gotta wait a little more to confirm
When life gives you lemons, make lemonade
  • #86,327
  • Sep 8, 2008 1:49am Sep 8, 2008 1:49am
Quoting micho
i think it will be good to sell at 1.7722 but you gotta wait a little more to confirm
Sold at 7736 already.
  • #86,328
  • Sep 8, 2008 1:50am Sep 8, 2008 1:50am
Quoting micho
you'll never know really, if it breaks 1.7760 then the tendency will be up again for a small bounce
Yeah...agreed, although i don't see the big boys liking the news THAT much. It's taking it's little bounce...and it's headed back towards the average range . I can't short at this point just to watch it roll up and down today the daily range has already expanded to a HUGE 309 pips...hey we're back to fridays close...maybe all this has just been an anxiety inducing dream!!!
  • #86,329
  • Sep 8, 2008 1:50am Sep 8, 2008 1:50am
Quoting Ritz
Sold at 7736 already.
but its better to wait for 1.7722 to confirm
When life gives you lemons, make lemonade
  • #86,330
  • Sep 8, 2008 1:52am Sep 8, 2008 1:52am
Quoting Ritz
Sold at 7736 already.
so if u open the trade at 1.7722 the tp 1 is 1.7643 and sl 1.7765

good luck
When life gives you lemons, make lemonade
  • #86,331
  • Sep 8, 2008 1:54am Sep 8, 2008 1:54am
Quoting micho
so if u open the trade at 1.7722 the tp 1 is 1.7643 and sl 1.7765

good luck
Set my TP at 7636
  • #86,332
  • Sep 8, 2008 1:55am Sep 8, 2008 1:55am
Quoting micho
so if u open the trade at 1.7722 the tp 1 is 1.7643 and sl 1.7765

good luck
here we go order filled (on demo)

see how quickly u fall into green pips without suffering to wait the red pips first
When life gives you lemons, make lemonade
  • #86,333
  • Sep 8, 2008 1:56am Sep 8, 2008 1:56am
Quoting Ritz
Set my TP at 7636
SL at BE now.
  • #86,334
  • Sep 8, 2008 1:57am Sep 8, 2008 1:57am
Quoting Ritz
SL at BE now.
hehehe i hate you

my sl is 1.7765 still
When life gives you lemons, make lemonade
  • #86,335
  • Sep 8, 2008 1:58am Sep 8, 2008 1:58am
Quoting micho
i think it will be good to sell at 1.7722 but you gotta wait a little more to confirm

And the downward spiral starts now... Target 1.7630, previous significant support.
  • #86,336
  • Sep 8, 2008 1:58am Sep 8, 2008 1:58am
nice call bro but our timing is a little shifted... i prefer to get the confirmation
When life gives you lemons, make lemonade
  • #86,337
  • Sep 8, 2008 2:01am Sep 8, 2008 2:01am
Quoting micho
hehehe i hate you

my sl is 1.7765 still
  • #86,338
  • Sep 8, 2008 2:01am Sep 8, 2008 2:01am
i could set the trailing stop at be now but i wait a little bit
When life gives you lemons, make lemonade
  • #86,339
  • Sep 8, 2008 2:03am Sep 8, 2008 2:03am
Quoting Ritz
did u base ur trade on candle patterns as well?
When life gives you lemons, make lemonade
  • #86,340
  • Sep 8, 2008 2:04am Sep 8, 2008 2:04am
Quoting Ritz
Sold at 7736 already.
Closed my short with 44 pips.
I dont want to be greedy. Enough for today 180 pips
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