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Cable Update (GBPUSD)

  • #87,901
  • Sep 15, 2008 7:13am Sep 15, 2008 7:13am
These are very interesting, when you talk of moving against the trend from the open and then 106 pips with the trend, is this the UK, US or Eastern open?

Many thanks,

Nigel.
  • #87,902
  • Sep 15, 2008 7:27am Sep 15, 2008 7:27am
If you asking me only long was on Tokio open which is at 00:00 gmt+1.That was pure luck.Price was going so fast up i was long,and when i made arround 25 pips i was closing.By the time order come to broker price had some spike and taht is it.Mybe it was some pips less but i take 300$ at that time.The rest of story isnice.On friday i was short too 1 min before my broker closed.I was hoping for some gap down because of oversell state we was at.But on monday we went up again a little.To bad.All indicators on 15m and 1 hr was going down and price was going up.Some divergence was for sure.Just was about timing.When we hit that high at 1,8120 area went short with small SL.If that was broken i will wait for another palce to short.This morning we just had to go down.Divergence is best strategy for me.It doesn mean that the price will move write now but when i see it i wait for write moment.Hidden divergence is somehing else.I don't trade them yet.Don't ask me why.
  • #87,903
  • Sep 15, 2008 7:28am Sep 15, 2008 7:28am
Quoting "expert"
my 3rd target reached.Nice.Closing all.Got to see what will NY bring.Even if we go more down we need some rest.Some will take profit,so it neans retrace and them maybe more down....

Hate to say but that was another 109 i think pips.

I am buying new bike if i dont lost this in NY session
to hate to say u won pips..NEVER say such things...good luck to u. U have strong resolve .keep it up!!!!!
  • #87,904
  • Sep 15, 2008 7:32am Sep 15, 2008 7:32am
this could down more.USDCHF didn't fill the gap yet.But from heare i don't know what to do for now.So waiting for dust to go down.15m especialy
  • #87,905
  • Sep 15, 2008 8:01am Sep 15, 2008 8:01am
i am getting some signs for long on 15m going to try.Anybody else?
  • #87,906
  • Sep 15, 2008 8:15am Sep 15, 2008 8:15am
Hi folks
looking for this to break 7851 and drop to 7764 (maybe lower) will have had a nice day for a change if it does
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  • #87,907
  • Sep 15, 2008 8:19am Sep 15, 2008 8:19am
Quoting "expert"
i am getting some signs for long on 15m going to try.Anybody else?
long now ? i wouldn't do that.
i don't know what signs you are getting on 15min, maybe you want to scalp a couple of pips ? but it doesn't look long on 1 hr or 4 hr
Twitter: @forexpokerpro
  • #87,908
  • Sep 15, 2008 8:20am Sep 15, 2008 8:20am
30Min Charts
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  • #87,909
  • Edited 8:49am Sep 15, 2008 8:22am | Edited 8:49am
Quoting BBPI_fxtrader
long now ? i wouldn't do that.
i don't know what signs you are getting on 15min, maybe you want to scalp a couple of pips ? but it doesn't look long on 1 hr or 4 hr
actually it does according to me...im just not willing to trade..what makes u think shorting is the answer?..theres more in favor of long than short..

expert u are having a great day!!!!

the move hasnt got no energy....lol
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  • #87,910
  • Sep 15, 2008 8:50am Sep 15, 2008 8:50am
Quoting BBPI_fxtrader
long now ? i wouldn't do that.
i don't know what signs you are getting on 15min, maybe you want to scalp a couple of pips ? but it doesn't look long on 1 hr or 4 hr
Well look mad on 15.I is almost 40 pips for me.Usualy i look at 15,1 hr and 4 hr.When i get sign on 15 i go.By the time 1 hr becmes long i could have many pips alredy.If trade dont go my way i will close.as i see stoch on 1 hr is up but on 4 hr down so...We need break on 1 side of gann.that could take some time.
  • #87,911
  • Sep 15, 2008 8:52am Sep 15, 2008 8:52am
On 1 hr i have some reversr bullish divergence.That could take time to.
  • #87,912
  • Sep 15, 2008 9:06am Sep 15, 2008 9:06am
my technicals are misleading/ coflicting big time..

on dailly i have a chanel broken hit resistance and falling it still hasnt retrace 61.8 of the upmove so i dunno where we are heading...

4 hr got a rising wedge...which is bearish but we srtill inthe wedge and its not broken yet...

based on that we might be heading down..eur also looks like its heading technically down..so what to do????no trade for me i love my money a bit to much to chance it in this sh*t
  • #87,913
  • Sep 15, 2008 9:19am Sep 15, 2008 9:19am
Yap.1 and 4 hr oposite.
But i am long because of 15m.Hope to see 1,7950.i moved SL to BE.Now just wait.If we get to 1.7970 most likely i will close and wait for more action.At 1.9740 i have some Resistance line god only knows how.
  • #87,914
  • Sep 15, 2008 9:31am Sep 15, 2008 9:31am
Quoting "expert"
Yap.1 and 4 hr oposite.
But i am long because of 15m.Hope to see 1,7950.i moved SL to BE.Now just wait.If we get to 1.7970 most likely i will close and wait for more action.At 1.9740 i have some Resistance line god only knows how.
My 15m just gave me a good short scalp off the 50ema... I just closed it for 60 pips. It looks like it could go even lower...
Patience + Discipline - Greed = Success
  • #87,915
  • Sep 15, 2008 9:32am Sep 15, 2008 9:32am
I was stoped.+1 pip

NO more for me i think.will watch but...
  • #87,916
  • Sep 15, 2008 9:42am Sep 15, 2008 9:42am
Quoting Infinity
My 15m just gave me a good short scalp off the 50ema... I just closed it for 60 pips. It looks like it could go even lower...
Good Trade Bro! I played off the 50 ema on the 4h this morning at 8 am est for a nice 130 pips.

Looking for a new entry!
Just digging in the trenches like everyone else!
  • #87,917
  • Sep 15, 2008 9:44am Sep 15, 2008 9:44am
Quoting eohater
Good Trade Bro! I played off the 50 ema on the 4h this morning at 8 am est for a nice 130 pips.

Looking for a new entry!
i will ad that ema....if i had that on my 4hr already id have placed a long and got 100+ pips, just goes to show this emas can really help.....
  • #87,918
  • Sep 15, 2008 9:46am Sep 15, 2008 9:46am
I think nou that all todays news is out and was all bad vor US thus the laast up movement. Nou that the market has reakted to it and the damage of Ike is known we will head down again. Maybe range today till Fed announcement tomorrow. If they dont cut I expect a new low. Today just bounced of 89ma will soon test and or break it. My view
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  • #87,919
  • Sep 15, 2008 9:47am Sep 15, 2008 9:47am
Quoting nAVIN2007
i will ad that ema....if i had that on my 4hr already id have placed a long and got 100+ pips, just goes to show this emas can really help.....
I did break one of my trading rules when I took the trade. News was due out within 30 mins of entry. I don't like to enter 30 mins before or after news.
Just digging in the trenches like everyone else!
  • #87,920
  • Sep 15, 2008 9:49am Sep 15, 2008 9:49am
Quoting eohater
Good Trade Bro! I played off the 50 ema on the 4h this morning at 8 am est for a nice 130 pips.

Looking for a new entry!
excellent trade bro...
Patience + Discipline - Greed = Success
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