Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

#95,421
Nov 4, 2008 8:09am Nov 4, 2008 8:09am

eohater
Joined May 2008 | Status: "One for all, and all for one" | 11,228 Posts

Quoting 13thheaven

Disliked

where is eohater?
i saw him posting a journal a few days ago, but now he's gone...

expert, do you think it will go northways...? i'm too afraid to get in... cause of the stupid election...

Ignored

I'm kinda here, taking care of family and I pulled my back out yesterday morning. Sorry, it hurts to sit in front of the computer. I've grabbed 80 today and I have pending shorts at the 1h 62ema. Like I said, my back is killing me to sit here, so I'll be away for a little bit.

I hope everyone is doing good and making money!

Just digging in the trenches like everyone else!

#95,422
Nov 4, 2008 8:10am Nov 4, 2008 8:10am

PipGal
| Joined Sep 2008 | Status: Trader | 377 Posts

I HR 62 EMA is around 5983. Might go short there is no push northward

#95,423
Edited 8:16am Nov 4, 2008 8:15am | Edited 8:16am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

Quoting nAVIN2007

Disliked

thanks bro

Ignored

No problem but it is easyer to talk about htis on some messenger buy microphone then writing.And that microphope coast 2 euro in my country.

As for others asking will it go north.I hope because i am long and expect to go mdown again after that 4hr gann or maybe even daily but can't tell.It is your call not mine.If you are my client i know what will tell you.

My first post today was is it safe today to trade because of elections.Range possible.Maybe we range not because of election but for now we are in bulish range(rally)as i see it on 15 chart.

You have to see what is your size of account,what is you SL size and what will be you enter point strategy.On ranging days and rellys like this SL can put you out and then go up again,so you might need biger Sl and i don't like that.So i use enering points with small risk,arround pivots,arround S/R lines and if am bullish for the day and that point is retrace i go long with smalSL and then when make 10 pips make SL ro BE and then just watch.The worst thing could happen that way is to lost 20 pips.Which is ok for me.Tommorow will make that on some sculp,but maybe if you don't have experience just practice today on demo tommorow we will have new setups.

When i look at ichimoku on 4 hr we are in cloud and that is bad for trades,on 1hr below and on 15 abowe.Mixed drinks all the way.Better to practice on demo as i said if no experience and don't know what are you doing.

#95,424
Nov 4, 2008 8:25am Nov 4, 2008 8:25am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

On 1 hr we have bearish reverse divergance.Momentum is above 0.So got to wait for this one as well.DP is at 6000.$4 hr gann arround 6020 area.this areas are maybe place for shorts.Will watch them on smaler time frames.

Moving SL next to price from now.

#95,425
Nov 4, 2008 8:31am Nov 4, 2008 8:31am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting \"expert\"

Disliked

On 1 hr we have bearish reverse divergance.Momentum is above 0.So got to wait for this one as well.DP is at 6000.$4 hr gann arround 6020 area.this areas are maybe place for shorts.Will watch them on smaler time frames.

Moving SL next to price from now.

Ignored

IM THINKING SAME THING...if this 1 hr chart close like a doji then short looking favourable

#95,426
Nov 4, 2008 8:35am Nov 4, 2008 8:35am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting eohater

Disliked

I'm kinda here, taking care of family and I pulled my back out yesterday morning. Sorry, it hurts to sit in front of the computer. I've grabbed 80 today and I have pending shorts at the 1h 62ema. Like I said, my back is killing me to sit here, so I'll be away for a little bit.

I hope everyone is doing good and making money!

Ignored

keep the back warm bro.....and try use some deep heat or something ( sort of a cream which makes heat when muscular pain is there...good shit
I know how u feel ...man when my back went it was so painfull..i couldnt even get out of my bed

but your still getting pips...U the man!

#95,427
Nov 4, 2008 8:35am Nov 4, 2008 8:35am

13thheaven
| Joined Mar 2007 | Status: FF Lover | 257 Posts

sorry to hear about your back... hope it will get well soon
still have a good trade with his back hurt... i wish i can do that on my healthy body...

ok say hello to your family...

wish u all a good luck...

Quoting eohater

Disliked

I'm kinda here, taking care of family and I pulled my back out yesterday morning. Sorry, it hurts to sit in front of the computer. I've grabbed 80 today and I have pending shorts at the 1h 62ema. Like I said, my back is killing me to sit here, so I'll be away for a little bit.

I hope everyone is doing good and making money!

Ignored

Money management is good for your health...

#95,428
Nov 4, 2008 8:39am Nov 4, 2008 8:39am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

Quoting nAVIN2007

Disliked

IM THINKING SAME THING...if this 1 hr chart close like a doji then short looking favourable

Ignored

Oh man got to learn this candle paterns.Could be good.

Any way i have 2 50 fibs in 5970 and 5995 area.Price has to come to this areas.! of them was bounce line and big one but price still gooing up again so that was taking profit action.We need to test again and to MAYBE brak that.

will see when come theare.If so happens of course

#95,429
Nov 4, 2008 8:44am Nov 4, 2008 8:44am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

If this 15 candle close above 5965 area good for my long again.Now we are testing that first 50 fib on 5975

#95,430
Nov 4, 2008 8:48am Nov 4, 2008 8:48am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

Navin write down when this 1 hr candle close what kind of candle is it.Bearish or not.OK?

#95,431
Nov 4, 2008 8:51am Nov 4, 2008 8:51am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

Possible retrace to 5940 area.1 hr 62 ema traders are you short?

#95,432
Nov 4, 2008 8:52am Nov 4, 2008 8:52am

AmeriTrini
Joined Apr 2007 | Status: USF Statistics | 2,248 Posts

Quoting eohater

Disliked

I'm kinda here, taking care of family and I pulled my back out yesterday morning. Sorry, it hurts to sit in front of the computer. I've grabbed 80 today and I have pending shorts at the 1h 62ema. Like I said, my back is killing me to sit here, so I'll be away for a little bit.

I hope everyone is doing good and making money!

Ignored

Sorry to hear about the back, I know its gotta be painful........keep the blood flowing though.........it will help it greatly!!!

I currently favor a Long........target undetermined.

#95,433
Nov 4, 2008 8:54am Nov 4, 2008 8:54am

ezmystic
| Joined Jul 2008 | Status: 1 pip at a time... | 642 Posts

Short from 1hr 62 ema 5987 was on my chart.

please DON'T copy my trades I am still learning

#95,434
Nov 4, 2008 8:54am Nov 4, 2008 8:54am

PipGal
| Joined Sep 2008 | Status: Trader | 377 Posts

Quoting AmeriTrini

Disliked

Sorry to hear about the back, I know its gotta be painful........keep the blood flowing though.........it will help it greatly!!!

I currently favor a Long........target undetermined.

Ignored

Ameritrini, why a long?

#95,435
Nov 4, 2008 8:55am Nov 4, 2008 8:55am

"expert"
| Commercial User | Joined May 2008 | 1,300 Posts

this is a place with small risk i was saying.Just have to choose action!

#95,436
Nov 4, 2008 8:57am Nov 4, 2008 8:57am

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting PipGal

Disliked

Ameritrini, why a long?

Ignored

maybe cause he suspect a close on 1hr above the trendline..1hr unless it cant cross this trendline then short otherwise long i agree at least for 50 pips

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#95,437
Nov 4, 2008 8:58am Nov 4, 2008 8:58am

Invest_Master
| Joined Jun 2007 | Status: Mr. JPY come down. | 69 Posts

Quoting nAVIN2007

Disliked

maybe cause he suspect a close on 1hr above the trendline..1hr unless it cant cross this trendline then short otherwise long i agree at least for 50 pips

Ignored

dont know, how come you understand that kind of chart.

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