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Cable Update (GBPUSD)

  • #96,561
  • Nov 9, 2008 11:59pm Nov 9, 2008 11:59pm
Went short 5790 looks like a confirmed break of support -- TP :1.5650

We're looking for a retest of support @ 1.5815 before the big fall. Will trail stop this untill the retest on 15m, then its short all the way down to 5650 , happy pippin' all.
  • #96,562
  • Nov 10, 2008 12:08am Nov 10, 2008 12:08am
I have GBP/USD short on 1.585x region for weekly trade...with 150 SL


Sonic

P.S eohater...how r u??
  • #96,563
  • Nov 10, 2008 12:30am Nov 10, 2008 12:30am
Quoting sonicdeejay
I have GBP/USD short on 1.585x region for weekly trade...with 150 SL


Sonic

P.S eohater...how r u??
I'm good, thank you for asking. My back is finally getting back to normal. I'm short myself from 5850. My SL is +2 at this point.

How you doing bro?
Just digging in the trenches like everyone else!
  • #96,564
  • Nov 10, 2008 12:31am Nov 10, 2008 12:31am
woah what's going on??
  • #96,565
  • Nov 10, 2008 12:36am Nov 10, 2008 12:36am
Quoting PLooB
woah what's going on??
whatever it is, I like it
  • #96,566
  • Nov 10, 2008 12:36am Nov 10, 2008 12:36am
Quoting eohater
I'm good, thank you for asking. My back is finally getting back to normal. I'm short myself from 5850. My SL is +2 at this point.

How you doing bro?
I am doing fine..with my 2 systems....
Dude.. u have msn??? add me...
~I can be trading almost FUll time startin fr wednesday...

Sonic
  • #96,567
  • Nov 10, 2008 12:40am Nov 10, 2008 12:40am
Quoting Kyen
Went short 5790 looks like a confirmed break of support -- TP :1.5650

We're looking for a retest of support @ 1.5815 before the big fall. Will trail stop this untill the retest on 15m, then its short all the way down to 5650 , happy pippin' all.
Missed TP by 15 pips ! Got out, caught 50 pips.
  • #96,568
  • Nov 10, 2008 12:41am Nov 10, 2008 12:41am
Quoting sonicdeejay
I am doing fine..with my 2 systems....
Dude.. u have msn??? add me...
~I can be trading almost FUll time startin fr wednesday...

Sonic
I don't have MSN, but I'll get it. Congratulations on getting ready to go full time. You won't regret it!
Just digging in the trenches like everyone else!
  • #96,569
  • Nov 10, 2008 12:41am Nov 10, 2008 12:41am
Quoting eohater
I'm good, thank you for asking. My back is finally getting back to normal. I'm short myself from 5850. My SL is +2 at this point.

How you doing bro?
Great trade bro!! I had the same entry but closed at 5750.. I didn't plan on trading until in the morning so I'll just take it as gravy...

Good luck this week bro..
Patience + Discipline - Greed = Success
  • #96,570
  • Nov 10, 2008 12:42am Nov 10, 2008 12:42am
Quoting Kyen
Missed TP by 15 pips ! Got out, caught 50 pips.
Good job! There's other trades to be had. I'm still short with SL moved to +25.
Just digging in the trenches like everyone else!
  • #96,571
  • Nov 10, 2008 12:42am Nov 10, 2008 12:42am
market moves very fast
  • #96,572
  • Nov 10, 2008 12:45am Nov 10, 2008 12:45am
Quoting eohater
Good job! There's other trades to be had. I'm still short with SL moved to +25.
I like your MM approach, hope you get a good run on this. Will you be around for london session tonight?
  • #96,573
  • Nov 10, 2008 12:45am Nov 10, 2008 12:45am
Quoting Infinity
Great trade bro!! I had the same entry but closed at 5750.. I didn't plan on trading until in the morning so I'll just take it as gravy...

Good luck this week bro..
Good job bro! I didn't plan on trading til the US Session either, but I jumped on after I got the kids to bed and she said, take me, I grabbed 25 quick ones. Then she asked me to take her again, so I couldn't refuse! The lower high on the 15m was screaming for it. I don't like the last 15m candle that just closed. We could be going back to test the 15m 50. Could be a nice place to jump back in!
Just digging in the trenches like everyone else!
  • #96,574
  • Nov 10, 2008 12:47am Nov 10, 2008 12:47am
Quoting Kyen
I like your MM approach, hope you get a good run on this. Will you be around for london session tonight?
Thank you! I don't know if I'll be on for London or not.
Just digging in the trenches like everyone else!
  • #96,575
  • Nov 10, 2008 12:50am Nov 10, 2008 12:50am
Quoting eohater
Good job bro! I didn't plan on trading til the US Session either, but I jumped on after I got the kids to bed and she said, take me, I grabbed 25 quick ones. Then she asked me to take her again, so I couldn't refuse! The lower high on the 15m was screaming for it. I don't like the last 15m candle that just closed. We could be going back to test the 15m 50. Could be a nice place to jump back in!
Thats what I'm looking at too.. I'm also watching the 4h 5/10 ema..
Patience + Discipline - Greed = Success
  • #96,576
  • Nov 10, 2008 12:55am Nov 10, 2008 12:55am
Quoting eohater
Good job bro! I didn't plan on trading til the US Session either, but I jumped on after I got the kids to bed and she said, take me, I grabbed 25 quick ones. Then she asked me to take her again, so I couldn't refuse! The lower high on the 15m was screaming for it. I don't like the last 15m candle that just closed. We could be going back to test the 15m 50. Could be a nice place to jump back in!
eohater, would you care to share with me what parameters you use for your moving average and how to go about analyzing it?
  • #96,577
  • Nov 10, 2008 1:10am Nov 10, 2008 1:10am
Ok... so I got another 60 pips from the 4h 5 ema... I'll take that for now...
I'm tired.....
New York session for me...
I see that I may miss a lot of action but forex will still be here tomorrow..... won't it?
Patience + Discipline - Greed = Success
  • #96,578
  • Nov 10, 2008 1:12am Nov 10, 2008 1:12am
I see a bear flag within a triangle, more bearishness to come..
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 24 KB
Trade what you see, not what you think.
  • #96,579
  • Nov 10, 2008 1:19am Nov 10, 2008 1:19am
Quoting Kyen
eohater, would you care to share with me what parameters you use for your moving average and how to go about analyzing it?
No problem! I'm working on a thread with all that information. It's in my signature. I didn't get to work on it last week because of back problems, but I plan on getting back to it soon. I can finally sit in front of the computer for more than 15-30 min at a time so more will come to the thread.
Just digging in the trenches like everyone else!
  • #96,580
  • Nov 10, 2008 1:25am Nov 10, 2008 1:25am
Quoting karmostaji
I see a bear flag within a triangle, more bearishness to come..

no one knows man...
Price may be just trying to close the gap...

~ we r in the process of pretty big swing...jus tak n run,,,

Sonic
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