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Cable Update (GBPUSD)

  • #92,501
  • Oct 20, 2008 9:18am Oct 20, 2008 9:18am
Quoting 13thheaven
what news?
ben have not spoken yet rite?
i wonder what's wrong with the cable...
luckily i have the trailing
I went short again 1.7222, +30 pips sofar !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #92,502
  • Oct 20, 2008 9:21am Oct 20, 2008 9:21am
I think will go short ...to S2...MO
  • #92,503
  • Oct 20, 2008 9:21am Oct 20, 2008 9:21am
Quoting manize
I went short again 1.7222, +30 pips sofar !
and I went long
ROBOT FOREX
  • #92,504
  • Oct 20, 2008 9:23am Oct 20, 2008 9:23am
Quoting Forbes55
and I went long
Lock at +50 pips, go up please. It's your turn ! Ups sorry still my turn + 60 pips ! Deep breath + 155 pips sofar !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #92,505
  • Oct 20, 2008 9:29am Oct 20, 2008 9:29am
A correction down to 1.7226 folowed buy a mouve up to 1.7344 or 1.7383. A break above 1.7461 would accelerate this bullish move.
  • #92,506
  • Oct 20, 2008 9:40am Oct 20, 2008 9:40am
at least a correlation 100 pips UP should be today
ROBOT FOREX
  • #92,507
  • Oct 20, 2008 9:45am Oct 20, 2008 9:45am
Quoting manize
I went short again 1.7222, +30 pips sofar !

wow u got quite a lot of pips today...
what kind of indicators did u use?
Money management is good for your health...
  • #92,508
  • Oct 20, 2008 10:02am Oct 20, 2008 10:02am
Damn!!! what a day!!! Price touched the weekly 5sma and tanked.. I hope no-one got caught long in this trap. Very sweet if you stay with the trend...
Attached Image (click to enlarge)
Click to Enlarge Name: week.gif Size: 25 KB
Patience + Discipline - Greed = Success
  • #92,509
  • Oct 20, 2008 10:03am Oct 20, 2008 10:03am
Quoting Infinity
Damn!!! what a day!!! Price touched the weekly 5sma and tanked.. I hope no-one got caught long in this trap. Very sweet if you stay with the trend...
I just closed my short for 150 and now I'm back going long. Becareful anyone following this trade, it is against the trend.
Just digging in the trenches like everyone else!
  • #92,510
  • Oct 20, 2008 10:06am Oct 20, 2008 10:06am
Quoting eohater
I just closed my short for 150 and now I'm back going long. Becareful anyone following this trade, it is against the trend.
..me too...closed short for +120 pips, holding 3 lots more..greetings to all
  • #92,511
  • Oct 20, 2008 10:10am Oct 20, 2008 10:10am
Quoting eohater
I just closed my short for 150 and now I'm back going long. Becareful anyone following this trade, it is against the trend.
Great work bro!! I had three shorts, 7310, 7370 and 7500. I had sl at 7530 and was sweating at one point, but the higher timeframes said short all the way... This h4 chart gave me more confidence to hold overnight too.....I closed all the trades at 7150...
Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 25 KB
Patience + Discipline - Greed = Success
  • #92,512
  • Oct 20, 2008 10:13am Oct 20, 2008 10:13am
Nice trades to all.....

Waiting for the next available seat!!!

HOLLA
  • #92,513
  • Oct 20, 2008 10:14am Oct 20, 2008 10:14am
Quoting Infinity
Great work bro!! I had three shorts, 7310, 7370 and 7500. I had sl at 7530 and was sweating at one point, but the higher timeframes said short all the way... This h4 chart gave me more confidence to hold overnight too.....I closed all the trades at 7150...
Nice trading bro! My ass fell asleep longer than expected last night so I missed the major fall. I got some this morning on a quick short when I got up and my TP was hit before I could follow her down further. My long might be premature, but we are getting oversold. She's fallen over 400 pips. Profit needs to come off the table and I want a ride!
Just digging in the trenches like everyone else!
  • #92,514
  • Oct 20, 2008 10:18am Oct 20, 2008 10:18am
Quoting eohater
I just closed my short for 150 and now I'm back going long. Becareful anyone following this trade, it is against the trend.

I think it is actaully getting to go long for a while
  • #92,515
  • Oct 20, 2008 10:20am Oct 20, 2008 10:20am
Quoting eohater
Nice trading bro! My ass fell asleep longer than expected last night so I missed the major fall. I got some this morning on a quick short when I got up and my TP was hit before I could follow her down further. My long might be premature, but we are getting oversold. She's fallen over 400 pips. Profit needs to come off the table and I want a ride!


HOLLA
  • #92,516
  • Oct 20, 2008 10:25am Oct 20, 2008 10:25am

Do we know how short this would go?

  • #92,517
  • Oct 20, 2008 10:26am Oct 20, 2008 10:26am
i'm on the front seat of your ride
still holding long since 1.7161... (

Quoting eohater
Nice trading bro! My ass fell asleep longer than expected last night so I missed the major fall. I got some this morning on a quick short when I got up and my TP was hit before I could follow her down further. My long might be premature, but we are getting oversold. She's fallen over 400 pips. Profit needs to come off the table and I want a ride!
Money management is good for your health...
  • #92,518
  • Edited 11:05am Oct 20, 2008 10:36am | Edited 11:05am
hey all closed 1 trade for +40. Long now at 130 TP 175

EDIT...This actually should be good back up to 7220...
  • #92,519
  • Oct 20, 2008 11:44am Oct 20, 2008 11:44am
going south again
in the obvious direction as Tiger Hunter has put it - I have to admit that he was right
Jesus Christ is my only Lord !
  • #92,520
  • Oct 20, 2008 11:46am Oct 20, 2008 11:46am
It's possible 1.7107 could hold for now
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