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Cable Update (GBPUSD)

  • #91,201
  • Oct 12, 2008 10:41pm Oct 12, 2008 10:41pm
does anyone af information on the strength of risk aversion?
  • #91,202
  • Oct 12, 2008 10:42pm Oct 12, 2008 10:42pm
Quoting BRForex
Bulltradinggoal #006 SELL GBP/USD

Now Bulltradinggoal is SELLING GBP/USD

Entry Point: 1.6990

TP: 1.6980 , 1.6960 , 1.6930 , 1.6905 , 1.6880 , 1.6855.


SL: 1.7100.


See more here: Bulltradinggoal #006 SELL GBP/USD

H1 trend is DOWN

H4 trend is DOWN
Hahahaha....that is a nice strategy
Wish you all the best
  • #91,203
  • Oct 12, 2008 11:23pm Oct 12, 2008 11:23pm
Quoting mphpopular
Guess u just get it. Saw that spike anyone juz now? LOL, I closed my short before that spike, too sad......
NO DOUBT!!! i was short right after we opened with the gap..i was in at 7123...GREAT entry if you ask me..only better if i had waited another 30 mins to grab 145....
I set my TP to 875 IF YOU CAN BELIEVE THAT CRAP!!!
And of course, started watching when i was +40...set my SL to BE..i SHOULD have left the dam thing alone, but NOOOOOO....i got nervouse when it started looking like it might return, so i closed for +44...still a good trade right? THEN THE SPIKE!!!

EDIT...I am Short AGAIN at 028 w TP set to 6775 and SL to BE. I hope i have the cajones to leave it alone this time!!!!

EDIT II....oh yeah, my reentry at 028 was a tap on the 200SMA on the 5M which should roughly be equal to the 50 on the 4H. if anywbody besides eohater was paying attention, it would tap that constantly before a drop over the last couple wks. it made for great reentries
  • #91,204
  • Oct 12, 2008 11:25pm Oct 12, 2008 11:25pm
Quoting albashir
does anyone af information on the strength of risk aversion?
yup...don't risk that which you can't afford to lose..HAHA
sorry man, had to give a smart answer.
  • #91,205
  • Oct 13, 2008 12:44am Oct 13, 2008 12:44am
Quoting dakrusha
yup...don't risk that which you can't afford to lose..HAHA
sorry man, had to give a smart answer.
what in the world made this happen
  • #91,206
  • Oct 13, 2008 1:04am Oct 13, 2008 1:04am
Quoting torcuswelby
what in the world made this happen
yeah not sure how the PA is happening today..
JPY is on holiday, and monday will be holiday for US and CAD. should make for slow trading. We'll see
  • #91,207
  • Oct 13, 2008 1:25am Oct 13, 2008 1:25am
Quoting dakrusha
yeah not sure how the PA is happening today..
JPY is on holiday, and monday will be holiday for US and CAD. should make for slow trading. We'll see
I had to shoot my big mouth off about the 64 EMA then it blows right through it,other than the 2 large spikes everything is saying down to me what do u think?
  • #91,208
  • Oct 13, 2008 1:39am Oct 13, 2008 1:39am
Quoting torcuswelby
I had to shoot my big mouth off about the 64 EMA then it blows right through it,other than the 2 large spikes everything is saying down to me what do u think?
I was wrong I admit it,bit I did not see it breaking 7200
  • #91,209
  • Oct 13, 2008 1:54am Oct 13, 2008 1:54am
Quoting torcuswelby
I was wrong I admit it,bit I did not see it breaking 7200
i didn't see it either, but i was trading on my phone all day and i don't have the indis on there that i have on my computer.

but now that it is where it is ,i'm staing out of it, i don't know where it's going right now.

my 5M shows it's topped off. but we'll see.
  • #91,210
  • Oct 13, 2008 2:11am Oct 13, 2008 2:11am
thank god im saved again with +2 pips out of a hedge that i did last night
i think that trading with big lots makes the heart beat faster... and instead of waiting the tp to be touched... i just open a hedge when the price goes against me big time
When life gives you lemons, make lemonade
  • #91,211
  • Oct 13, 2008 2:24am Oct 13, 2008 2:24am
short from 1.7167 on 15m chart
please DON'T copy my trades I am still learning
  • #91,212
  • Oct 13, 2008 2:32am Oct 13, 2008 2:32am
damn, got stopped out for +1 pip
please DON'T copy my trades I am still learning
  • #91,213
  • Oct 13, 2008 2:46am Oct 13, 2008 2:46am
i put this on BO's fib journal as well.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.JPG Size: 168 KB
  • #91,214
  • Oct 13, 2008 3:02am Oct 13, 2008 3:02am
I am short @ 7134
Jesus Christ is my only Lord !
  • #91,215
  • Oct 13, 2008 3:04am Oct 13, 2008 3:04am
Quoting hipcio
I am short @ 7134
Why short?
I thought this baby is going north?
  • #91,216
  • Oct 13, 2008 3:08am Oct 13, 2008 3:08am
Quoting gagakrimba
Why short?
I thought this baby is going north?

it has broken the TL on 15min down
Jesus Christ is my only Lord !
  • #91,217
  • Oct 13, 2008 3:17am Oct 13, 2008 3:17am
Quoting hipcio
I am short @ 7134

Am short too at 7135...

What is you Tp? Am looking all the way to 6875... what do you think?
  • #91,218
  • Oct 13, 2008 3:23am Oct 13, 2008 3:23am
Quoting peulthai
Am short too at 7135...

What is you Tp? Am looking all the way to 6875... what do you think?
to test resistance of the trend line from down side?
Jesus Christ is my only Lord !
  • #91,219
  • Oct 13, 2008 3:45am Oct 13, 2008 3:45am
stand aside with advantage to the shorts in my opinion
When life gives you lemons, make lemonade
  • #91,220
  • Oct 13, 2008 4:02am Oct 13, 2008 4:02am
I think this baby is buliding momentum to shoot NORTH
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