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Cable Update (GBPUSD)

  • #87,221
  • Sep 11, 2008 1:12am Sep 11, 2008 1:12am
Quoting nAVIN2007
sure..
thanks.

it seems like MPC Treasury Committee Hearings will decide the direction...
I recommend you read something else as this sentence is now concluded.
  • #87,222
  • Sep 11, 2008 1:32am Sep 11, 2008 1:32am
Ritz are you short? or not yet?
I recommend you read something else as this sentence is now concluded.
  • #87,223
  • Sep 11, 2008 2:05am Sep 11, 2008 2:05am
1.757x, then I see it going down to say hello to my bottom bollinger band line (blue line)...maybe not all the way to 1.72xx but I am thinkin somewhere close. My monthly, daily charts are telling me the same thing. My 4 hr chart is sugesting 1.74xx

What are you guys thinkin?
Attached Image (click to enlarge)
Click to Enlarge Name: cable daily.gif Size: 43 KB
  • #87,224
  • Sep 11, 2008 2:14am Sep 11, 2008 2:14am
Quoting pip me
1.757x, then I see it going down to say hello to my bottom bollinger band line (blue line)...maybe not all the way to 1.72xx but I am thinkin somewhere close. My monthly, daily charts are telling me the same thing. My 4 hr chart is sugesting 1.74xx

What are you guys thinkin?
im not sure if its gonna reach 70s but after dropping it gonna stop around 1.7424, a correction might be seen there and then another ride down to 1.72xx
I recommend you read something else as this sentence is now concluded.
  • #87,225
  • Sep 11, 2008 2:33am Sep 11, 2008 2:33am
Quoting Obaidah
Ritz are you short? or not yet?
im short
  • #87,226
  • Sep 11, 2008 2:44am Sep 11, 2008 2:44am
I have two entry stops:
long at 1.7543 with sl at 7504 and tp at 7604
short at 1.7494 with sl at 7533 and tp at 7433

Good traiding to all of us.
  • #87,227
  • Sep 11, 2008 2:44am Sep 11, 2008 2:44am
Quoting Ritz
im short
im still looking for higher entry
I recommend you read something else as this sentence is now concluded.
  • #87,228
  • Edited 3:27am Sep 11, 2008 3:15am | Edited 3:27am
30m Chart, Up Signal
Attached Image (click to enlarge)
Click to Enlarge Name: 30m.gif Size: 33 KB
  • #87,229
  • Sep 11, 2008 3:20am Sep 11, 2008 3:20am
Anyone can give an idea where the cable heading to North or south ????
  • #87,230
  • Sep 11, 2008 3:31am Sep 11, 2008 3:31am
Quoting joemilly
Anyone can give an idea where the cable heading to North or south ????
my analysis is south today. but i might be wrong.
  • #87,231
  • Sep 11, 2008 3:42am Sep 11, 2008 3:42am
Hi everyone
As I see it is we very much in the same channel we started this bearish move in and as long as we remain in it it is best to sell the rallies.
Attached Image (click to enlarge)
Click to Enlarge Name: cable,9.30am,11-09.jpg Size: 287 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #87,232
  • Sep 11, 2008 3:58am Sep 11, 2008 3:58am
Just went short 1.7498
  • #87,233
  • Sep 11, 2008 4:08am Sep 11, 2008 4:08am
Quoting Bones
Hi everyone
As I see it is we very much in the same channel we started this bearish move in and as long as we remain in it it is best to sell the rallies.
Hello Bones. Cant agree more with you on this nice downtrend channel on 4hr Dont you just live oldschool TA ?
  • #87,234
  • Sep 11, 2008 4:13am Sep 11, 2008 4:13am
just went short at 7505
\tp 460
please DON'T copy my trades I am still learning
  • #87,235
  • Sep 11, 2008 4:16am Sep 11, 2008 4:16am
SL 7503
please DON'T copy my trades I am still learning
  • #87,236
  • Sep 11, 2008 4:18am Sep 11, 2008 4:18am
Quoting DJ4x
Just went short 1.7498

welldone..
  • #87,237
  • Sep 11, 2008 4:20am Sep 11, 2008 4:20am
hit my exit +45 pips

-5 pips from earlier, nothinking trade.
please DON'T copy my trades I am still learning
  • #87,238
  • Sep 11, 2008 4:20am Sep 11, 2008 4:20am
i went short as well... have a good day everyone
Lets do this...
  • #87,239
  • Sep 11, 2008 4:23am Sep 11, 2008 4:23am
To be honest Belekas since up to 2 months ago I had only traded Cable I really have not experianced a channel forming of such a scale and now on reflection it was so easy to trade it,lol

Quoting belekas
Hello Bones. Cant agree more with you on this nice downtrend channel on 4hr Dont you just live oldschool TA ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #87,240
  • Sep 11, 2008 4:24am Sep 11, 2008 4:24am
wow ...it went back up.i nearly entered and almost got it again......lol

i think im sticking to buy and sell orders this way emotion i can elimate to some extext...
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