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Cable Update (GBPUSD)

  • #89,841
  • Oct 1, 2008 10:15am Oct 1, 2008 10:15am
Quoting luc.voia
i think will go up to 1.7820
well yeah but i wouldnt bet on the longs
When life gives you lemons, make lemonade
  • #89,842
  • Oct 1, 2008 10:30am Oct 1, 2008 10:30am
Quoting hipcio
thank You - I was afraid of up movement so I stay at my position when it makes its mind and comes to the conclusion that it is the wrong direction and goes the right way
i was thinking the same damn thing...i didnt trust the downmove i have been caught like that so many times
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  • #89,843
  • Oct 1, 2008 10:31am Oct 1, 2008 10:31am
resistance.
we just hit yesterday's low at 7759...looking like a good resistance test. if it breaks should head back to 7844, if not, should drop back to recent low at 7633
but really, we should head back to 7633 or close to it with in the next 24 hours
  • #89,844
  • Oct 1, 2008 10:33am Oct 1, 2008 10:33am
Quoting dakrusha
resistance.
we just hit yesterday's low at 7759...looking like a good resistance test. if it breaks should head back to 7844, if not, should drop back to recent low at 7633
but really, we should head back to 7633 or close to it with in the next 24 hours
Am going short now...1.7745
  • #89,845
  • Oct 1, 2008 10:36am Oct 1, 2008 10:36am
Quoting hipcio
thank You - I was afraid of up movement so I stay at my position when it makes its mind and comes to the conclusion that it is the wrong direction and goes the right way
Love your English
  • #89,846
  • Oct 1, 2008 10:44am Oct 1, 2008 10:44am
Quoting micho
thats great! it all depends on how many lots u play...
if i play 0.1 lots i would make lot more... cause who cares to see -100....

im used to see -1500$ in red lol...

i cant do that....i lost 45% of my account the only way for me is to make really great trades and reduce my risk otherwise i blow the remainder..what happened in this last hr is a example of what stealhead been saying all along, only this time i think it wa possible to predict as the formation was on a dailly and u needed to wait to see the days close ...but saying that the channel actually played out its target on smaller time frames
  • #89,847
  • Oct 1, 2008 10:44am Oct 1, 2008 10:44am
Quoting peulthai
Am going short now...1.7745
hmm. i think your short was a bit premature,but if you're still in it, you may be able to get out at BE or possibly even +10 or so.
i think we may be long now for a few.
watch you're 5M indies and you can prob find a good place to get out and back in long.
good luck
  • #89,848
  • Oct 1, 2008 10:52am Oct 1, 2008 10:52am
Get on UP
  • #89,849
  • Oct 1, 2008 10:52am Oct 1, 2008 10:52am
Quoting Chris_35
Get on UP
HAHA...i'm guessing you're long?
  • #89,850
  • Oct 1, 2008 10:53am Oct 1, 2008 10:53am
short now @1.7795
  • #89,851
  • Oct 1, 2008 10:53am Oct 1, 2008 10:53am
Quoting Rocroy
Nice moves lately. Hmmmm, any idea where she's heading

R

Attachment

http://www.forexfactory.com/showpost...ostcount=89735

that was a great call. (Pity he didnt show the retracement as well)
  • #89,852
  • Oct 1, 2008 10:53am Oct 1, 2008 10:53am
Next target???
  • #89,853
  • Oct 1, 2008 10:57am Oct 1, 2008 10:57am
Quoting dakrusha
HAHA...i'm guessing you're long?
Thanks Dakrusha... i was able to turn it round

Made some pips both ways

but now what next? i need answer that
  • #89,854
  • Oct 1, 2008 11:00am Oct 1, 2008 11:00am
Quoting Chris_35
Next target???

I think we will still be long but am sitting on my hands for now
  • #89,855
  • Oct 1, 2008 11:06am Oct 1, 2008 11:06am
Quoting peulthai
I think we will still be long but am sitting on my hands for now
its a pin and its 160 pips stop loss so unless u can handle that u best sit on yur hands
  • #89,856
  • Oct 1, 2008 11:09am Oct 1, 2008 11:09am
Short at 1.7780

s/l 1.7810
t/p none
  • #89,857
  • Oct 1, 2008 11:09am Oct 1, 2008 11:09am
Quoting deboooo2005
short now @1.7795

anyone short with me
  • #89,858
  • Oct 1, 2008 11:12am Oct 1, 2008 11:12am
Quoting dakrusha
HAHA...i'm guessing you're long?
Not any more and I closed them for a nice little profit. Started out with .1 lot then after another 25/30 pips added 2nd .1 lot then same again added the 3rd .1 lot. Closed all three at 17790. Left a bit on the table, but happy with result
short @17783 looking to the 17700 area
  • #89,859
  • Oct 1, 2008 11:12am Oct 1, 2008 11:12am
Quoting deboooo2005
anyone short with me
nope...waiting for a good signal...

what's ur TP?
i'm waiting for the next long to head towards 7844

updating my message. as i site here it looks like it's stalling at 7775....and resting on parabolic SAR...could be bouncing back...may be entereing long.
  • #89,860
  • Oct 1, 2008 11:13am Oct 1, 2008 11:13am
Quoting deboooo2005
anyone short with me
I am at 1.78.
Just digging in the trenches like everyone else!
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