When life gives you lemons, make lemonade
Cable Update (GBPUSD)
- #96,281
- Nov 7, 2008 7:41am Nov 7, 2008 7:41am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
- #96,284
- Nov 7, 2008 7:44am Nov 7, 2008 7:44am
- | Commercial User | Joined May 2008 | 1,300 Posts
yap-240 but expect -200
small difrence.people took profit,taht is why small down movement
My SL hit but 5780 i long again.i just need 5831-40.was close to that but..
now againwaiting
- #96,285
- Nov 7, 2008 7:44am Nov 7, 2008 7:44am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
still no trade 
When life gives you lemons, make lemonade
- #96,287
- Nov 7, 2008 7:48am Nov 7, 2008 7:48am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade
- #96,288
- Nov 7, 2008 7:49am Nov 7, 2008 7:49am
- Joined Mar 2008 | Status: Fooled by randomness | 8,362 Posts
When life gives you lemons, make lemonade
- #96,289
- Nov 7, 2008 7:52am Nov 7, 2008 7:52am
- | Commercial User | Joined May 2008 | 1,300 Posts
damn, i should have listened to you, expert... what a nice 90 pips up
many pips are waiting for us
- #96,293
- Nov 7, 2008 8:08am Nov 7, 2008 8:08am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
Damn what a news anounced just a moment ? -40 pips 
I only trade XAU/USD. Based on USD news & Fib SR & BB20
- #96,294
- Nov 7, 2008 8:10am Nov 7, 2008 8:10am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
I'm short 5850....
Patience + Discipline - Greed = Success
- #96,295
- Nov 7, 2008 8:11am Nov 7, 2008 8:11am
- Joined Jul 2006 | Status: Trader | 4,090 Posts
Sorry for the messy charts guys but I'm too lazy to take off the indicators just to post them cleanly lol
Check out the hourly first. We are seeing a pin bar off the down trendline. That's just telling me more bearishness is in the mix for now (short term). This, along with the daily bearish chart, is giving me a solid indication for more downside in the longer term as well.
We saw a bearish semi-pin 2 days ago followed by the confirmation bar on the daily. More often than not, we will see a retracement day directly after this set up. We are, IMO, at the top of the retracement right now and beginning to head lower. (look to the 5 sma and notice that we retraced directly to it, or if you trade fibs- directly to a fib line; 50%.)
Any comments or thoughts on this outlook? I'm already short from 1.5848 and another at 1.5789. I'll post back later with any further thoughts on this pair. Have a good day ladies and gents. I'm going to get ready for the weekend.
Check out the hourly first. We are seeing a pin bar off the down trendline. That's just telling me more bearishness is in the mix for now (short term). This, along with the daily bearish chart, is giving me a solid indication for more downside in the longer term as well.
We saw a bearish semi-pin 2 days ago followed by the confirmation bar on the daily. More often than not, we will see a retracement day directly after this set up. We are, IMO, at the top of the retracement right now and beginning to head lower. (look to the 5 sma and notice that we retraced directly to it, or if you trade fibs- directly to a fib line; 50%.)
Any comments or thoughts on this outlook? I'm already short from 1.5848 and another at 1.5789. I'll post back later with any further thoughts on this pair. Have a good day ladies and gents. I'm going to get ready for the weekend.
I dream, therefore I become.
- #96,298
- Nov 7, 2008 8:16am Nov 7, 2008 8:16am
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I dream, therefore I become.
- #96,299
- Nov 7, 2008 8:18am Nov 7, 2008 8:18am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Sorry for the messy charts guys but I'm too lazy to take off the indicators just to post them cleanly lol
Check out the hourly first. We are seeing a pin bar off the down trendline. That's just telling me more bearishness is in the mix for now (short term). This, along with the daily bearish chart, is giving me a solid indication for more downside in the longer term as well.
We saw a bearish semi-pin 2 days ago followed by the confirmation bar on the daily. More often than not, we will see a retracement day directly after this set up. We are, IMO, at the top of the retracement right now and beginning to head lower. (look to the 5 sma and notice that we retraced directly to it, or if you...
I agree with this outlook 100%.. and also there is this channel...
Patience + Discipline - Greed = Success
- #96,300
- Nov 7, 2008 8:25am Nov 7, 2008 8:25am
- | Joined Dec 2007 | Status: Trader | 3,220 Posts
I only trade XAU/USD. Based on USD news & Fib SR & BB20