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Cable Update (GBPUSD)

  • #93,061
  • Oct 22, 2008 12:01am Oct 22, 2008 12:01am
Quoting hipcio
if there is anybody - it is so sleepy here
yeah i'm here and workin and watching some fights too. just waiting for an entry, not feelin good about what im seeing so i'm waiting
  • #93,062
  • Oct 22, 2008 12:02am Oct 22, 2008 12:02am
GU for me.

From monthly TL and also H4. But I cant figure out where should I take the short again. Still waiting and waiting.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU 22Oct08 Monthly.gif Size: 29 KB
Click to Enlarge Name: GU 22Oct08 H4.gif Size: 24 KB
  • #93,063
  • Oct 22, 2008 12:02am Oct 22, 2008 12:02am
we've broken the lower channel line hahahah
When life gives you lemons, make lemonade
  • #93,064
  • Oct 22, 2008 12:03am Oct 22, 2008 12:03am
Quoting micho
as i said 1.59 on november 11... now its not 1.59 anymore its less than that hahahahah
i'm with you we got a long way down to go before we see a bottom
  • #93,065
  • Oct 22, 2008 12:04am Oct 22, 2008 12:04am
that the opinion introduced by Tiger Hunter several times before, has been proved right.
Last time he said that the obvious direction was down - and it was me saying that there is nothing obvious, but it was him to be right.
So I take it seriously enough to not open long today.
Jesus Christ is my only Lord !
  • #93,066
  • Oct 22, 2008 12:07am Oct 22, 2008 12:07am
I was afraid of being alone here today
Jesus Christ is my only Lord !
  • #93,067
  • Oct 22, 2008 12:08am Oct 22, 2008 12:08am
Quoting hipcio
that the opinion introduced by Tiger Hunter several times before, has been proved right.
Last time he said that the obvious direction was down - and it was me saying that there is nothing obvious, but it was him to be right.
So I take it seriously enough to not open long today.
we just crossed the 50 Ema and 50 Sma on 5M for the first time in several hours so we may be up for a bit , but by no means do i think we are going way up, but perhaps there will be a bit more range for a little while and a little more of a retrace that is badly needed

like i said, i'm waiting though.
  • #93,068
  • Edited 12:51am Oct 22, 2008 12:10am | Edited 12:51am
Sorry Double Post
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #93,069
  • Oct 22, 2008 12:12am Oct 22, 2008 12:12am
Quoting hipcio
if there is anybody - it is so sleepy here
Just thinking up to where the retracement. So many clue for long on M1, but I don't dare to enter because overall trend still down ! Fibo 23.6 % from 1.7455 - 1.6240 at 1.6514 ! No clue yet for short on M1 ! Brother micho what is your idea ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #93,070
  • Edited 12:24am Oct 22, 2008 12:12am | Edited 12:24am
Quoting dakrusha
we just crossed the 50 Ema and 50 Sma on 5M for the first time in several hours so we may be up for a bit , but by no means do i think we are going way up, but perhaps there will be a bit more range for a little while and a little more of a retrace that is badly needed

like i said, i'm waiting though.
of the european monday session,
looking for the highest accepted price,
on monday it lasted about an hour then the long term sellers occured for a strong down trend,
Jesus Christ is my only Lord !
  • #93,071
  • Oct 22, 2008 12:13am Oct 22, 2008 12:13am
Quoting manize
Just thinking up to where the retracement. So many clue for long on M1, but I don't dare to enter because overall trend still down ! Fibo 23.6 % from 1.7455 - 1.6240 at 1.6514 !
yeah we aren't far from that right now..so very likely
  • #93,072
  • Edited 12:19am Oct 22, 2008 12:14am | Edited 12:19am
Quoting manize
Just thinking up to where the retracement. So many clue for long on M1, but I don't dare to enter because overall trenad still down ! Fibo 23.6 % from 1.7455 - 1.6240 at 1.6514 ! No clue yet for short on M1 !
so I will have to wait
Jesus Christ is my only Lord !
  • #93,073
  • Oct 22, 2008 12:19am Oct 22, 2008 12:19am
Just a moment I see a clue, short at 1.6395 ! Yes + 20 pips ! Ups +40 pips closed !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #93,074
  • Oct 22, 2008 12:24am Oct 22, 2008 12:24am
Quoting manize
Just a moment I see a clue, short at 1.6395 ! Yes + 20 pips !
My sell limit at 1.6445, not yet activated yet. Juz wait wait wait....
  • #93,075
  • Oct 22, 2008 12:26am Oct 22, 2008 12:26am
Quoting manize
Just a moment I see a clue, short at 1.6395 ! Yes + 20 pips ! Ups +40 pips closed !
I still wait for the 15 min confirm
Jesus Christ is my only Lord !
  • #93,076
  • Oct 22, 2008 12:30am Oct 22, 2008 12:30am
Quoting dakrusha
i'm with you we got a long way down to go before we see a bottom
MORNING MAN
When life gives you lemons, make lemonade
  • #93,077
  • Oct 22, 2008 12:32am Oct 22, 2008 12:32am
got +70 on the short now
When life gives you lemons, make lemonade
  • #93,078
  • Oct 22, 2008 12:33am Oct 22, 2008 12:33am
im not thinking much

just shorting every retracement above 23% with 0.1
When life gives you lemons, make lemonade
  • #93,079
  • Oct 22, 2008 12:34am Oct 22, 2008 12:34am
Quoting micho
got +70 on the short now
great
Jesus Christ is my only Lord !
  • #93,080
  • Oct 22, 2008 12:41am Oct 22, 2008 12:41am
Again my system worked well when she moves slowly ! + 80 pips, 8 x my min target.
Attached Image (click to enlarge)
Click to Enlarge Name: retrace221008b.gif Size: 42 KB
I only trade XAU/USD. Based on USD news & Fib SR & BB20
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