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Cable Update (GBPUSD)

  • #94,261
  • Oct 28, 2008 2:36am Oct 28, 2008 2:36am
Quoting Myman
Don't worry so much .. After all it is forex. i just lost 50k just now ... luckily I got my balance to play some more.
real cash?
yeah i haven't blown any accts, i hate feeling this outta sorts is all
  • #94,262
  • Oct 28, 2008 2:36am Oct 28, 2008 2:36am
I love the 1h 62ema! Just close 3 out for 150 and have 3 more at SL +10. I'm going to bed. I'll see everyone during the US Session!
Just digging in the trenches like everyone else!
  • #94,263
  • Oct 28, 2008 2:45am Oct 28, 2008 2:45am
Quoting eohater
I love the 1h 62ema! Just close 3 out for 150 and have 3 more at SL +10. I'm going to bed. I'll see everyone during the US Session!
coolll
When life gives you lemons, make lemonade
  • #94,264
  • Oct 28, 2008 2:52am Oct 28, 2008 2:52am
yap. but then since it is going to south .. I use 50 lots .. so I recover back my money ... thank God
  • #94,265
  • Oct 28, 2008 2:54am Oct 28, 2008 2:54am
That's why you must know when to stop .. luckily I refer back to last week trend and also yesterday timing ...
  • #94,266
  • Oct 28, 2008 2:56am Oct 28, 2008 2:56am
Now I'm getting back my losses plus bonus 50k dropping more than 200pips... heheh
  • #94,267
  • Oct 28, 2008 2:57am Oct 28, 2008 2:57am
Buying 1,5500 - target 1,6000
Attached Image (click to enlarge)
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Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #94,268
  • Oct 28, 2008 2:59am Oct 28, 2008 2:59am
Quoting eohater
I love the 1h 62ema! Just close 3 out for 150 and have 3 more at SL +10. I'm going to bed. I'll see everyone during the US Session!
1 hr 62ema we love you!! woohoo
please DON'T copy my trades I am still learning
  • #94,269
  • Oct 28, 2008 3:03am Oct 28, 2008 3:03am
Quoting jckm
Buying 1,5500 - target 1,6000
mate I urge you to reconsider, we're in strong down move right now.

trade what you see
please DON'T copy my trades I am still learning
  • #94,270
  • Oct 28, 2008 3:07am Oct 28, 2008 3:07am
FYI .. It is going to drop unti 1.5400 or 1.5300 and at 12.00 it going north for another 400 pips
  • #94,271
  • Oct 28, 2008 3:09am Oct 28, 2008 3:09am
hi traders

just after my call for euro+cable the two pairs influenced by my calls (news).

and how that happened
the secret in the (news).


and to be clear to you
all the buyers 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

if you find most posts talk about retrace that will may happen you will find the price is going down, and if you find most posts talk about the continuation of down trend you will find price is going up .

any way i still predict the continuation of down trend in both pairs.
have fun
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  • #94,272
  • Oct 28, 2008 3:11am Oct 28, 2008 3:11am
Quoting eohater
I use multiple MA's

15m: 10ema, 21 ema, 35sma and 50sma
1h: 10sma, 50 sma and 62ema
4h: 5sma, 10 sma, 50ema and 150ema

I'm still holding positions short, so I'm wanting to see this go south. Will it? I don't know. I'm not too thrilled with the way the last 4h candle just closed. She's sitting between the 5 and 10sma's. My positions are covered in profit regardless of what happens.
Hi, could you let me see how they work?? if you can pull your chart ..that will be more easy for us THANKS !!!
  • #94,273
  • Oct 28, 2008 3:16am Oct 28, 2008 3:16am
well, i belive it is going up. at least for a "short" while. say, 1.568~
  • #94,274
  • Oct 28, 2008 3:23am Oct 28, 2008 3:23am
Quoting jckm
Buying 1,5500 - target 1,6000
Ok I was wrong. that was a good call
please DON'T copy my trades I am still learning
  • #94,275
  • Oct 28, 2008 5:07am Oct 28, 2008 5:07am
Phew. a difficult time to make an assessment.. can't figure it out.
  • #94,276
  • Oct 28, 2008 5:23am Oct 28, 2008 5:23am
I also can't decide either to south or north. hmmm
  • #94,277
  • Oct 28, 2008 5:24am Oct 28, 2008 5:24am
Hi all .4 hr gann was a nice support for short again.5750 area.

Now we are below 4 hr gann and above 1 hr gann(5530)area.For clean bias i need break 1 of this 2 levels for now.On 15 min we are below gann and all other indicators.If we break gann we might go to 5670-5715 area.I will try this most likly if happens.We didn't make new low 2 times so we might range again until new trend .Last 5 times bounce point for new low was daily gann.We will see this time.

See ya later
  • #94,278
  • Oct 28, 2008 5:29am Oct 28, 2008 5:29am
Hey senior members can you tell me if this would have been a goodentry point for short as the 10 and 20 bar averages converge. I took short on open of next candle to make sure last candle didn't go through average line. got into profit and set BE at +1 which got hit so I'm happy with that.
Attached Image (click to enlarge)
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please DON'T copy my trades I am still learning
  • #94,279
  • Oct 28, 2008 5:40am Oct 28, 2008 5:40am
Any chance cable is holding study just to go down on the neext CBI realized sales?
  • #94,280
  • Oct 28, 2008 5:46am Oct 28, 2008 5:46am
Quoting \"expert\"
Hi all .4 hr gann was a nice support for short again.5750 area.

Now we are below 4 hr gann and above 1 hr gann(5530)area.For clean bias i need break 1 of this 2 levels for now.On 15 min we are below gann and all other indicators.If we break gann we might go to 5670-5715 area.I will try this most likly if happens.We didn't make new low 2 times so we might range again until new trend .Last 5 times bounce point for new low was daily gann.We will see this time.

See ya later
And 5675 on my platform price now.Closed that long.

If on smaller TF i get short signals i might go short in 5700 5720 area.If we come that far.
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