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Cable Update (GBPUSD)

  • #89,281
  • Sep 26, 2008 6:51am Sep 26, 2008 6:51am
Quoting deboooo2005
Qu|cksilver ....

when need cable break 1.8440 ... which right now capping up movement
yes i see that 1.8440 as resistance now.
"Invest With The Insiders, Not The Masses" George Muzea
  • #89,282
  • Edited 7:27am Sep 26, 2008 6:55am | Edited 7:27am
Quoting Qu|cksilver
yes i see that 1.8440 as resistance now.
I think it will pierce it. Gold is climbing steadily. On the 5 min chart.
Keep It Simple Stupid
  • #89,283
  • Sep 26, 2008 7:09am Sep 26, 2008 7:09am
closed my long and short at 8415
"Invest With The Insiders, Not The Masses" George Muzea
  • #89,284
  • Sep 26, 2008 7:17am Sep 26, 2008 7:17am
Quoting Alastair
I think it will pierce it. Gold is climbing steadily.
Sorry but Gold on Dailly chart is in down trend
  • #89,285
  • Sep 26, 2008 7:21am Sep 26, 2008 7:21am
Quoting junior1974
Sorry but Gold on Dailly chart is in down trend
Keep It Simple Stupid
  • #89,286
  • Sep 26, 2008 7:24am Sep 26, 2008 7:24am
Short stopout at BE. I think the market still want to go long..
"Invest With The Insiders, Not The Masses" George Muzea
  • #89,287
  • Sep 26, 2008 7:41am Sep 26, 2008 7:41am
My short entry @ 8440 but target not quite hit yet. It bounced 3 x off this trend line this morning and I dont expect it to push through this level any time today. imo
Watching chart I think I will lower entry to 8432
  • #89,288
  • Sep 26, 2008 7:57am Sep 26, 2008 7:57am
have the markets been paralysed?
please DON'T copy my trades I am still learning
  • #89,289
  • Sep 26, 2008 8:07am Sep 26, 2008 8:07am
awesome...GU showing a directin....
the price just slammed below my 50 SMA and 50EMA...we should be headed back south again.

My order last night closed at SL for +4. BMrig target on that order would have come really close. I would have missed it by 3 pips.
i'm short again. I had a quick short close for +22 and am back in at 8390...tp set to 8316 the recent high never met our last high of 441 and now we have Tweezers n 1H.

Lookin good so far.
  • #89,290
  • Sep 26, 2008 8:21am Sep 26, 2008 8:21am
are there any predictions for the gap if the bail out gets the over the week-end. also what size s/l to think about if trying to trade the gap
  • #89,291
  • Sep 26, 2008 8:25am Sep 26, 2008 8:25am
Quoting Chris_35
are there any predictions for the gap if the bail out gets the over the week-end. also what size s/l to think about if trying to trade the gap
well i will have no trades open over the weekend. i will close everything..NY and Washington will FOR SURE have meetings all weekend over all this mess so that could effect the opening on sunday by as much as 200 pips. possibly more but i doubt that, but then again, i never thought i'd see this happening anyway.

as for NY open in a few minutes, i'm watching with eagle eyes and ready to pullout
  • #89,292
  • Sep 26, 2008 8:56am Sep 26, 2008 8:56am
cable still in ranging mode??
Only yesterday show strong down movement when the FED inject 2 billion and today up and down. Hope next week cable will show clear breakout either up or down.

Hope everyone have a nice weekend.
To muslim trader, Ramadan Kareem.

Qs.
"Invest With The Insiders, Not The Masses" George Muzea
  • #89,293
  • Sep 26, 2008 8:59am Sep 26, 2008 8:59am
Congress Under Pressure To Approve Bailout Plan

Pressure mounted on lawmakers Friday to agree on a $700 billion financial rescue plan after talks at the White House broke down the biggest bank closure in U.S. history roiled global markets.
"Invest With The Insiders, Not The Masses" George Muzea
  • #89,294
  • Sep 26, 2008 9:01am Sep 26, 2008 9:01am
i really really regret close my long too early!
my analysis was correct!!

"Invest With The Insiders, Not The Masses" George Muzea
  • #89,295
  • Sep 26, 2008 9:02am Sep 26, 2008 9:02am
yesterday support breakout @1.845 uptrend signal?
wish me luck!
  • #89,296
  • Sep 26, 2008 9:11am Sep 26, 2008 9:11am
anyone thinking short @ the 62 ema on the 60M
  • #89,297
  • Sep 26, 2008 9:13am Sep 26, 2008 9:13am
Quoting Shilva
anyone thinking short @ the 62 ema on the 60M
I am thinking that if it failes to break it again a short is in order
  • #89,298
  • Sep 26, 2008 9:16am Sep 26, 2008 9:16am
Quoting Shilva
I am thinking that if it failes to break it again a short is in order
It is also the 50ema on the 4h
  • #89,299
  • Sep 26, 2008 9:25am Sep 26, 2008 9:25am
i have three resist based on my chart @1.844, @1.846, @1.85..maybe have a little contribution here although i am newbie..
wish me luck!
  • #89,300
  • Sep 26, 2008 9:28am Sep 26, 2008 9:28am
HI all. I am short from 1,8460.if i see 18400 i am happy man.and will finish for today
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