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Cable Update (GBPUSD)

  • #93,221
  • Oct 22, 2008 11:56am Oct 22, 2008 11:56am
Quoting Jnita
isn't it strange that when you return to your computer and look at the 15min candles, your brain tells you it looks like 35-40pips, then you messure it and see it is actually +100

weird!
ya
When life gives you lemons, make lemonade
  • #93,222
  • Oct 22, 2008 11:56am Oct 22, 2008 11:56am
Quoting Jnita
isn't it strange that when you return to your computer and look at the 15min candles, your brain tells you it looks like 35-40pips, then you messure it and see it is actually +100

weird!

that's a problem i have looking at the charts on my phone. it look like 20-50 by can be 100 pip candles....or you think it 5-10 and it's 40-50.
  • #93,223
  • Oct 22, 2008 11:56am Oct 22, 2008 11:56am
don't mess with cable
  • #93,224
  • Oct 22, 2008 11:57am Oct 22, 2008 11:57am
Quoting LuckyLurker
if 6060 breaks
  • #93,225
  • Oct 22, 2008 11:58am Oct 22, 2008 11:58am
Quoting micho
well as its appearing on my screen, the first tp of this horrible 4H down trend is around 1.5858 so... lol, are you gonna set this as take profit?
I really do it bro. I believe it will hit it. Gonna trail it with a TSL of 200 / 250 gua.
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  • #93,226
  • Oct 22, 2008 11:58am Oct 22, 2008 11:58am
WOW!!! 100 pip bounce in seconds
  • #93,227
  • Oct 22, 2008 12:00pm Oct 22, 2008 12:00pm
Drop shall start from this candle I guess, I looking on 15m chart now...

May I say HI to my 1.5850? I wanna try to hit my 1.5850. Sounds imposible. But I gonna try to raise my hand down, and catch it.
  • #93,228
  • Oct 22, 2008 12:05pm Oct 22, 2008 12:05pm
Quoting dakrusha
WOW!!! 100 pip bounce in seconds
100 pips bounce.....
Then 200 pips drops
  • #93,229
  • Oct 22, 2008 12:14pm Oct 22, 2008 12:14pm
new entry at 268 short to 6095....will set SL to BE at +20
  • #93,230
  • Oct 22, 2008 12:15pm Oct 22, 2008 12:15pm
Quoting LuckyLurker
if 6060 breaks
yep, welcome back
When life gives you lemons, make lemonade
  • #93,231
  • Oct 22, 2008 12:17pm Oct 22, 2008 12:17pm
there is one thing to keep in your mind guys, dont forget that you might have a huge retrace anytime... so dont play with big lots just in case because the stop loss is far away... we are shorting near the bottoms
When life gives you lemons, make lemonade
  • #93,232
  • Oct 22, 2008 12:21pm Oct 22, 2008 12:21pm
Quoting micho
there is one thing to keep in your mind guys, dont forget that you might have a huge retrace anytime... so dont play with big lots just in case because the stop loss is far away... we are shorting near the bottoms
yeah run BE SL's especially in areas like this. I'm already + over 100 for today so it's all free trading for me....as i type this i was +30 and just got my BE SL...HAHA
  • #93,233
  • Oct 22, 2008 12:31pm Oct 22, 2008 12:31pm
Quoting dakrusha
yeah run BE SL's especially in areas like this. I'm already + over 100 for today so it's all free trading for me....as i type this i was +30 and just got my BE SL...HAHA

100 pips up then 100 pips down
When life gives you lemons, make lemonade
  • #93,234
  • Oct 22, 2008 12:32pm Oct 22, 2008 12:32pm
Quoting micho
yep, welcome back
Hola!
USD Est Non Mortuus
  • #93,235
  • Oct 22, 2008 12:34pm Oct 22, 2008 12:34pm
Quoting micho
there is one thing to keep in your mind guys, dont forget that you might have a huge retrace anytime... so dont play with big lots just in case because the stop loss is far away... we are shorting near the bottoms
Bottom? Do you know something I don't. Please share!
Zone Breakout Method
  • #93,236
  • Oct 22, 2008 12:35pm Oct 22, 2008 12:35pm
Quoting LuckyLurker
Hola!
any clues where AUDUSD is heading?
When life gives you lemons, make lemonade
  • #93,237
  • Oct 22, 2008 12:35pm Oct 22, 2008 12:35pm
hi traders

i sent here from two weeks ago my calls for euro
i forecast the continuation of the down trend.
another breakout confirm the down trend in both euro and british pound.
as shown in my charts.
and here we go i opened one short position at 1.4700 area
and price now almost 1000 pip profit.
i like to thanks all other great traders to give me the chance to see my targets come true .
so the quistion now where the price is going?
the answer in the trend
the trend is down i wait for another 1000 pip before i close my positions.
as i said before no matter price go up will fall like rock
coz the trend is down
i hope you great traders have fun with price coz i already did..hahaha
and dont forget the fundamental aspect!!!!!
and to be clear to you
all the buyrs and the sellers are here in those threads and you know the forex basic rule
only 20% win and the other 80% loss
so try to figure it out by your mind
yea they fool you and Robb your money
they said the price is going up and you will find the price is going down and visa verse ,try to observe and make your mind work
in threads we call this move the {news}.

and i tried to warn you from time ago by sending the trend direction , i hope i did my part by good way.
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  • #93,238
  • Oct 22, 2008 12:36pm Oct 22, 2008 12:36pm
where she'll like to go?
  • #93,239
  • Oct 22, 2008 12:37pm Oct 22, 2008 12:37pm
Quoting PowerTrader
Bottom? Do you know something I don't. Please share!
no but i mean, we are @selling@ below the 23% level so technically better keep your stop loss near just in case a big retracement happened
When life gives you lemons, make lemonade
  • #93,240
  • Oct 22, 2008 12:39pm Oct 22, 2008 12:39pm
Quoting micho
any clues where AUDUSD is heading?
looks to of entered flat atm. range tug o war going on.. Usd/jpy could be busting down from here though.. either that or it will bounce hard.
USD Est Non Mortuus
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