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Cable Update (GBPUSD)

  • #91,321
  • Oct 13, 2008 9:50am Oct 13, 2008 9:50am
Quoting eohater
I was early on the entry. I also coincided the 15m chart with my entry. Sometimes she will just touch the 50ema and then run back down. She didn't get a full taste of the actual price the 50ema was lying at the time. It was at 1.7417 at the time of entry. Sometimes she won't go all the way up to it. Watch for it to fall through the 10 ema on the 15m chart and come back up and test going through. If she can't make it back through, there's another entry short there. I could be wrong with my entry. I loose money just like everyone else.
As the 50ema has been broken on the H4 what would you look to for confirmation before taking out a long position
  • #91,322
  • Oct 13, 2008 9:54am Oct 13, 2008 9:54am
Quoting Chris_35
As the 50ema has been broken on the H4 what would you look to for confirmation before taking out a long position
I cannot call the 50 ema broken just yet. It's been pierced. It's not broken to me until the 4h candle closes. She could still close below the 50ema.
Just digging in the trenches like everyone else!
  • #91,323
  • Oct 13, 2008 9:56am Oct 13, 2008 9:56am
well i was wondering when it was going to retrace from it's crazy drop last week. i just wish it was in when it was happening. i am short right now from 409...TP 355.
I'm keeping it simple today. not big expectations and i don't want to get burned on a turn around. SL moving to BE in about 15 pips
  • #91,324
  • Oct 13, 2008 9:58am Oct 13, 2008 9:58am
i am closed with almost 450 pips in a day.I am closed because we are so OB.maybe entwer later but this is just fine for me as it is.Macd is making lower highs so when comes to 0 area will looking what next.any new long from heare .....i think we are ready for retrace.

Maybe i try at next high to go short as well.
  • #91,325
  • Oct 13, 2008 10:00am Oct 13, 2008 10:00am
Quoting "expert"
i am closed with almost 450 pips in a day.I am closed because we are so OB.maybe entwer later but this is just fine for me as it is.Macd is making lower highs so when comes to 0 area will looking what next.any new long from heare .....i think we are ready for retrace.

Maybe i try at next high to go short as well.
  • #91,326
  • Oct 13, 2008 10:02am Oct 13, 2008 10:02am
Quoting eohater
I cannot call the 50 ema broken just yet. It's been pierced. It's not broken to me until the 4h candle closes. She could still close below the 50ema.

  • #91,327
  • Oct 13, 2008 10:04am Oct 13, 2008 10:04am
Quoting Chris_35
Closed just above but right on my R2. will give it a little breathing space to see how she pans out.
  • #91,328
  • Oct 13, 2008 10:11am Oct 13, 2008 10:11am
Eohater i am in your camp now.Let see that ride now.
  • #91,329
  • Oct 13, 2008 10:12am Oct 13, 2008 10:12am
Quoting dakrusha
ty so much for the information,Mike
  • #91,330
  • Oct 13, 2008 10:14am Oct 13, 2008 10:14am
Quoting "expert"
Eohater i am in your camp now.Let see that ride now.
I'm saddled up and ready to go! Let's just hope she's ready to go the same direction....
Just digging in the trenches like everyone else!
  • #91,331
  • Oct 13, 2008 10:17am Oct 13, 2008 10:17am
Could someone please just place a 50 lot short around 1.743. That'll kick her in the ass to go down!
Just digging in the trenches like everyone else!
  • #91,332
  • Oct 13, 2008 10:18am Oct 13, 2008 10:18am
Quoting eohater
I'm saddled up and ready to go! Let's just hope she's ready to go the same direction....
Is the saddle on the right way round
  • #91,333
  • Oct 13, 2008 10:19am Oct 13, 2008 10:19am
Quoting eohater
Could someone please just place a 50 lot short around 1.743. That'll kick her in the ass to go down!
tell you what. i'm goin to put in a 100,000 lots short...then we can all make some money.. HAHAHA
  • #91,334
  • Oct 13, 2008 10:19am Oct 13, 2008 10:19am
Quoting Chris_35
Is the saddle on the right way round
I might get bucked off! It's time for her to change directions though, we're nearing the lunch time in the US and profit usually comes off the table around this time. Let's see!
Just digging in the trenches like everyone else!
  • #91,335
  • Oct 13, 2008 10:21am Oct 13, 2008 10:21am
Quoting dakrusha
tell you what. i'm goin to put in a 100,000 lots short...then we can all make some money.. HAHAHA
If I didn't have my skirt on so tight, I could do 50 short, but it would be nerve racking as all get out! The gain would be outstanding, but so would the loss!
Just digging in the trenches like everyone else!
  • #91,336
  • Oct 13, 2008 10:24am Oct 13, 2008 10:24am
i'm in short @1.7408..hope this can give me back my money!
wish me luck!
  • #91,337
  • Oct 13, 2008 10:24am Oct 13, 2008 10:24am
Quoting eohater
I cannot call the 50 ema broken just yet. It's been pierced. It's not broken to me until the 4h candle closes. She could still close below the 50ema.
We have 30min til the next 4h candle. If we close below the 50ema on the 4h, I will still stay with my short. The next 4h candle could go back up to the current 4h candles high.
Just digging in the trenches like everyone else!
  • #91,338
  • Oct 13, 2008 10:25am Oct 13, 2008 10:25am
Quoting eohater
If I didn't have my skirt on so tight, I could do 50 short, but it would be nerve racking as all get out! The gain would be outstanding, but so would the loss!
yeah with 50 lots you only need 20 pips for a great day!
  • #91,339
  • Oct 13, 2008 10:28am Oct 13, 2008 10:28am
Quoting dakrusha
yeah with 50 lots you only need 20 pips for a great day!
Maybe someday I'll get there. I've gotten to where I am from mini's, so anything is possilbe. I wouldn't change my trades though, 100+ pips on 50 lots would be outstanding!
Just digging in the trenches like everyone else!
  • #91,340
  • Oct 13, 2008 10:29am Oct 13, 2008 10:29am
Bush is talking finances
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