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Cable Update (GBPUSD)

  • #91,001
  • Oct 10, 2008 8:48am Oct 10, 2008 8:48am
Quoting albashir
Oh mine...just lost all i made today.....
call it a day...
i went short myself and now paying the price for a stupid entry..sometimes we just cant do anything about it, its the nature of trading.
  • #91,002
  • Oct 10, 2008 8:53am Oct 10, 2008 8:53am
Quoting Jnita
tell me, do you use 80 or 70 for overbought? Is your RSI 14?
i use stoch.

7090 i am short.Profit locked.But i am not sure that this is the begining.we will see
  • #91,003
  • Oct 10, 2008 8:55am Oct 10, 2008 8:55am
Quoting Jnita
tell me, do you use 80 or 70 for overbought? Is your RSI 14?

best to use 80 and 20
80 overbought
20 underbought

only use when the market is not rallying..when rallying stochastics is BS
  • #91,004
  • Oct 10, 2008 9:00am Oct 10, 2008 9:00am
i cloed with +25.I see this as some retrace.Hope i am wright.Because if goes down more for i would have to enter again at lower price.Let see
  • #91,005
  • Oct 10, 2008 9:04am Oct 10, 2008 9:04am
Quoting nAVIN2007
best to use 80 and 20
80 overbought
20 underbought

only use when the market is not rallying..when rallying stochastics is BS

Agreed, stoch is BS.

Now RSI is my preference.
  • #91,006
  • Oct 10, 2008 9:06am Oct 10, 2008 9:06am
Quoting Jnita
Agreed, stoch is BS.

Now RSI is my preference.
Thanks man.
  • #91,007
  • Oct 10, 2008 9:07am Oct 10, 2008 9:07am
It looks like to me this run up has fizzled out

Trying to get in short now at the best price i can!
  • #91,008
  • Oct 10, 2008 9:10am Oct 10, 2008 9:10am
Quoting eohater
1h 62 ema is resting at 1.717x. I'll short the hell outta her if we get there. Currently long from 1.6974
We've almost made it there! I'll be closing my long and going short from here!
Just digging in the trenches like everyone else!
  • #91,009
  • Oct 10, 2008 9:12am Oct 10, 2008 9:12am
At last 171.00 is penetrated and convincingly too.
  • #91,010
  • Oct 10, 2008 9:13am Oct 10, 2008 9:13am
Quoting "expert"
Hi all.I think some small retrace from now maybe then up and then down.To early for down.15 and 1 hr charts are not in overbought yet like usualy they are before fall.If fall comes but i hope it will.

I need some range in this area or little more up for short.i would like to see 7050 area(maybe more,if break 17030 area even 7150 area) or my indicators for short.
Perfect touch of 7150 on my platform.
  • #91,011
  • Oct 10, 2008 9:14am Oct 10, 2008 9:14am
Quoting eohater
We've almost made it there! I'll be closing my long and going short from here!
i will wait just little more
  • #91,012
  • Oct 10, 2008 9:14am Oct 10, 2008 9:14am
Quoting albashir
Oh mine...just lost all i made today.....
call it a day...
me too i stop it with my hedge because i think it should down later..
wish me luck!
  • #91,013
  • Oct 10, 2008 9:15am Oct 10, 2008 9:15am
At the rate it is going i thin we'll see 100++ pips GAP up when the market reopen next week.
  • #91,014
  • Oct 10, 2008 9:15am Oct 10, 2008 9:15am
Quoting Shilva
It looks like to me this run up has fizzled out

Trying to get in short now at the best price i can!
Still waiting on a short...possibley around 7200,,,depending on price action
  • #91,015
  • Oct 10, 2008 9:16am Oct 10, 2008 9:16am
Quoting eohater
1h 62 ema is resting at 1.717x. I'll short the hell outta her if we get there. Currently long from 1.6974
My long is closed out and now I'm short. If you are following this you are trading at your own risk. The 50sma is resting at 1.719x right above the 62ema.
Just digging in the trenches like everyone else!
  • #91,016
  • Oct 10, 2008 9:18am Oct 10, 2008 9:18am
Big boys are reading and saying ok we will give you 7200 and MORE.

Scary ???

Only because i want to enter above DP.Let's all say we are going for long.They wiill go down then
  • #91,017
  • Oct 10, 2008 9:22am Oct 10, 2008 9:22am
I think this baby going to see 1.72XX
  • #91,018
  • Oct 10, 2008 9:29am Oct 10, 2008 9:29am
Quoting gagakrimba
SL 1.6825
TP 1.7125
You've got it !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #91,019
  • Oct 10, 2008 9:29am Oct 10, 2008 9:29am
taking profits in progres
  • #91,020
  • Oct 10, 2008 9:33am Oct 10, 2008 9:33am
Short order filled @ 7175
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