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Cable Update (GBPUSD)

  • #95,641
  • Nov 5, 2008 4:40am Nov 5, 2008 4:40am
i say DOWN baby to 1.5850
  • #95,642
  • Nov 5, 2008 4:48am Nov 5, 2008 4:48am
Quoting Bernanke_Sr
i say DOWN baby to 1.5850
Yes sir.Good to see you sir heare.
  • #95,643
  • Nov 5, 2008 4:48am Nov 5, 2008 4:48am
obama can push us down? has this gbp spike special reason?
  • #95,644
  • Nov 5, 2008 4:50am Nov 5, 2008 4:50am
Quoting \"expert\"
Yes sir.Good to see you sir heare.
good my fellow trader... thank you for the lovely way you obeyed me for cable going down. so cable.. I command you.. DOWN..
  • #95,645
  • Nov 5, 2008 4:52am Nov 5, 2008 4:52am
though the pair does not seem to be excited about going south so far SL @ 1.5932
  • #95,646
  • Nov 5, 2008 4:54am Nov 5, 2008 4:54am
Quoting Bernanke_Sr
though the pair does not seem to be excited about going south so far SL @ 1.5932
15935 u have pendig short order with small SL.
  • #95,647
  • Nov 5, 2008 4:58am Nov 5, 2008 4:58am
actually i am short since 1.5890 with SL 1.5932
Tps are 1.5840 and perhaps 1.5800 as well
we shall see
but so far i am not happy with the movement of this trade.
  • #95,648
  • Nov 5, 2008 5:00am Nov 5, 2008 5:00am
5M charts do not want to close above 1.5900 and thats a good sign for shorts but lets see

Vote for Claudia Ciesla as First Lady
  • #95,649
  • Nov 5, 2008 5:00am Nov 5, 2008 5:00am
Quoting Bernanke_Sr
actually i am short since 1.5890 with SL 1.5932
Tps are 1.5840 and perhaps 1.5800 as well
we shall see
but so far i am not happy with the movement of this trade.
it will go down again i believe but the up trend in the 5m and 15m is strong you have to give it time to die
When life gives you lemons, make lemonade
  • #95,650
  • Nov 5, 2008 5:02am Nov 5, 2008 5:02am
who can push$ up obama or mac?plz
  • #95,651
  • Nov 5, 2008 5:03am Nov 5, 2008 5:03am
on 15 MACD is going closer and closer to 0 lne and price is ranging so i am now totaly.
This needs drink.hen will see again
  • #95,652
  • Nov 5, 2008 5:10am Nov 5, 2008 5:10am
I closed my short @ 1.5860

30 pips profit..
i hope i wont regret closing it at 1.5860
  • #95,653
  • Nov 5, 2008 5:14am Nov 5, 2008 5:14am
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #95,654
  • Nov 5, 2008 5:21am Nov 5, 2008 5:21am
i cant open the platform cause im at work
When life gives you lemons, make lemonade
  • #95,655
  • Nov 5, 2008 5:37am Nov 5, 2008 5:37am
Quoting Bernanke_Sr
I closed my short @ 1.5860

30 pips profit..
i hope i wont regret closing it at 1.5860
Maybe you will not.

I just went long.On 15 is above 0 almost everything and bolinger is in horizontal chanel.usualy break is on the side of indicators then.Will see.
  • #95,656
  • Nov 5, 2008 5:46am Nov 5, 2008 5:46am
Oh finaly.If this bounce agin from 5938 then...
  • #95,657
  • Nov 5, 2008 5:52am Nov 5, 2008 5:52am
On this 23 fib possible take profit action and retrace
  • #95,658
  • Nov 5, 2008 5:57am Nov 5, 2008 5:57am
i closed on that 23 fib.Now wil wait to see will 1 hr close above my blue line.This is 1 big candle on 15.Needs retrace.I think

P.S i should look pivot lines .Gives better TP target for now.ahh never mind
Attached Image (click to enlarge)
Click to Enlarge Name: cable 15m-fib.gif Size: 21 KB
  • #95,659
  • Nov 5, 2008 6:02am Nov 5, 2008 6:02am
let me take some retrace

Short as sculp
Attached Image (click to enlarge)
Click to Enlarge Name: cable 15m-fib.gif Size: 21 KB
  • #95,660
  • Nov 5, 2008 6:11am Nov 5, 2008 6:11am
SL is BE+1.Waiting 5980 area and maybe lower to close that short
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