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Cable Update (GBPUSD)

  • #94,281
  • Oct 28, 2008 4:00am Oct 28, 2008 4:00am
Would be looking to short at 0.5 retracement fib of the big drop last friday around 1.5790 if the candles look good.
I need to put up stop losses.
  • #94,282
  • Oct 28, 2008 4:03am Oct 28, 2008 4:03am
Quoting swap
Would be looking to short at 0.5 retracement fib of the big drop last friday around 1.5790 if the candles look good.
ME 2
When life gives you lemons, make lemonade
  • #94,283
  • Edited 4:36am Oct 28, 2008 4:09am | Edited 4:36am
30 min gann flips so now might be some retrace to 5630-50 area,1 hr is alredy below price.If stays above gann i think we will test 4 hr gan 5710-15 area and maybe 5750-80 as well.I have some resistance lines at this levels. For me 15 min gann must be above price again to go short or to see something on MACD.Not saying that we will go now to this levels but as possible for today.will see
  • #94,284
  • Oct 28, 2008 4:14am Oct 28, 2008 4:14am
Quoting \"expert\"
30 min gann flips so now might be some retrace to 5730-50 area,1 hr is alredy below price.If stays above gann i think we will test 4 hr gan 5710-15 area and maybe 5750-80 as well.I have some resistance lines at this levels. For me 15 min gann must be above price again to go short or to see something on MACD.Not saying that we will go now to this levels but as possible for today.will see
I doubt i can break 1.5750
  • #94,285
  • Oct 28, 2008 4:23am Oct 28, 2008 4:23am
cost of the crash
$2,800,000,000,000


http://www.guardian.co.uk/business/2...h-bank-england
  • #94,286
  • Oct 28, 2008 4:25am Oct 28, 2008 4:25am
Quoting gagakrimba
I doubt i can break 1.5750
We will see.In past it breaks that 4 hr gannn few times and for 100-150 pips and then again down.
But we are so close to that gann so it would be 1st time not to touch it and it is almost theare.We are not that much OB so possible touch.That is all i need for now.If we make that 5715 touch and macd stays with this high then we might have some retrace and 1 more try for up then down.Macd is making lowe highs and price ?will see

5725 price now
  • #94,287
  • Oct 28, 2008 4:34am Oct 28, 2008 4:34am
If it breaks 5750 we might see that 4H 35 SMA
  • #94,288
  • Oct 28, 2008 4:43am Oct 28, 2008 4:43am
4hr gann flips.Bad for shorts if stays this way and we dont get in range.I think we might test daily gann if 4 hr stays this way.5750 price now.i am closing again in case of big taking profits price will go down fast.If not i will go long again.But i think i will wait to se what will tthis 4 hr candle do.

See ya.If anybody wants to talk about trades on yahoo or other MSN please do.

My plan done.Now looking for new one.See ya
  • #94,289
  • Oct 28, 2008 4:43am Oct 28, 2008 4:43am
Quoting PipGal
If it breaks 5750 we might see that 4H 35 SMA
hey pipgal eohater said he uses this

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

so 35sma is not in the 4h
When life gives you lemons, make lemonade
  • #94,290
  • Oct 28, 2008 4:45am Oct 28, 2008 4:45am
i have one sell trigger at 1.5792

upcoming resistances 1.5750 1.5792
upcoming targets around 1.5826
When life gives you lemons, make lemonade
  • #94,291
  • Oct 28, 2008 4:46am Oct 28, 2008 4:46am
Quoting micho
hey pipgal eohater said he uses this

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

so 35sma is not in the 4h

Haha, good point! the 50 EMA then!

But it does not seem to be holding past 5750, next let's get through the .5 fib retracement first...
  • #94,292
  • Oct 28, 2008 4:49am Oct 28, 2008 4:49am
Quoting PipGal
Haha, good point! the 50 EMA then!

But it does not seem to be holding past 5750, next let's get through the .5 fib retracement first...
Where is that retracement if I may ask?
  • #94,293
  • Oct 28, 2008 4:50am Oct 28, 2008 4:50am
Quoting fxpinoy
Where is that retracement if I may ask?
I have it as 5787
  • #94,294
  • Oct 28, 2008 4:50am Oct 28, 2008 4:50am
she is a player, she makes you think about going down, when you take your short position it blows up past you shouting thank you pipgal for giving away your money
When life gives you lemons, make lemonade
  • #94,295
  • Oct 28, 2008 4:53am Oct 28, 2008 4:53am
Quoting micho
she is a player, she makes you think about going down, when you take your short position it blows up past you shouting thank you pipgal for giving away your money

Hey I covered for 20 pips profit thank you
  • #94,296
  • Oct 28, 2008 4:55am Oct 28, 2008 4:55am
Quoting PipGal
Hey I covered for 20 pips profit thank you
you were in a position??
When life gives you lemons, make lemonade
  • #94,297
  • Oct 28, 2008 4:56am Oct 28, 2008 4:56am
Quoting PipGal
If it breaks 5750 we might see that 4H 35 SMA
It did touch 1.5750 but seems to be losing steam
  • #94,298
  • Oct 28, 2008 4:57am Oct 28, 2008 4:57am
i lifted my sell trigger to 1.5825
When life gives you lemons, make lemonade
  • #94,299
  • Oct 28, 2008 4:57am Oct 28, 2008 4:57am
Quoting micho
hey pipgal eohater said he uses this

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

so 35sma is not in the 4h
Hi micho.Do you still sculp on 1 min chart??Still using micro lot??
  • #94,300
  • Oct 28, 2008 4:58am Oct 28, 2008 4:58am
Quoting micho
you were in a position??
quick scalp
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