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Cable Update (GBPUSD)

  • #97,081
  • Nov 11, 2008 8:44am Nov 11, 2008 8:44am
Quoting micho
kyen if you want the tp #1 of the last daily down trend its at 1.6363
Will keep that in mind
  • #97,082
  • Nov 11, 2008 8:45am Nov 11, 2008 8:45am
Quoting micho
cause at work i had people behind me i couldnt look at charts and while i was driving him it broke the supports...
Good thing I work for a FX brokerage. I normally have people behind me asking me what charts I'm currently looking at
  • #97,083
  • Nov 11, 2008 8:45am Nov 11, 2008 8:45am
Quoting nAVIN2007
u care to explain it? all text books tell u to go with the trend
if i understood right the guy didnt say there's no downtrend. He said he's waiting for the 4 hour candle close to plan his entry. He never said buy the downtrend as I understood.
  • #97,084
  • Nov 11, 2008 8:45am Nov 11, 2008 8:45am
Quoting Forbes55
it should go UP today according to http://algsnotes.blogspot.com
Besides today's news - Trade Balance was positive for pair
Oh man i hope you and all the aothers don't belive this post and website.

See ya toomorow .Keep reading websites.Post it heare so we could all be sure it is other way.

Oh man this was fun
  • #97,085
  • Nov 11, 2008 8:46am Nov 11, 2008 8:46am
i might sell at 1.5475
When life gives you lemons, make lemonade
  • #97,086
  • Nov 11, 2008 8:49am Nov 11, 2008 8:49am
Quoting Kyen
Good thing I work for a FX brokerage. I normally have people behind me asking me what charts I'm currently looking at
no i dont show them my screen! i dont want them to know i play forex at work!!! lol
When life gives you lemons, make lemonade
  • #97,087
  • Nov 11, 2008 8:50am Nov 11, 2008 8:50am
Nice little burp here. Possible re-entry for shorts shaping up. Let' see.http://www.forexfactory.com/images/icons/icon5.gif
  • #97,088
  • Nov 11, 2008 8:52am Nov 11, 2008 8:52am
Sell stop @ 5375. http://www.forexfactory.com/images/icons/icon14.gif
  • #97,089
  • Nov 11, 2008 8:55am Nov 11, 2008 8:55am
wait for it, waaaaiiiittttt forrr iiiitttttttt

1.5550 here we come for that retrace, then back down.
I dream, therefore I become.
  • #97,090
  • Nov 11, 2008 8:56am Nov 11, 2008 8:56am
Quoting mike w
wait for it, waaaaiiiittttt forrr iiiitttttttt

1.5550 here we come for that retrace, then back down.
That's what I'm looking for a new entry myself. Otherwise, I'll call my day good and wait for a new setup.
Just digging in the trenches like everyone else!
  • #97,091
  • Nov 11, 2008 8:58am Nov 11, 2008 8:58am
Quoting eohater
That's what I'm looking for a new entry myself. Otherwise, I'll call my day good and wait for a new setup.
Yep, I'm already way in the green for the day, although I am going to add there on this retrace and the same with the gbp/jpy at 152.XX. Targets are still set down low.
I dream, therefore I become.
  • #97,092
  • Nov 11, 2008 9:02am Nov 11, 2008 9:02am
Quoting mike w
Yep, I'm already way in the green for the day, although I am going to add there on this retrace and the same with the gbp/jpy at 152.XX. Targets are still set down low.
I was targeting 5350, but closed out at 5390. I'll jump back in if we get the right move up.
Just digging in the trenches like everyone else!
  • #97,093
  • Nov 11, 2008 9:06am Nov 11, 2008 9:06am
Quoting mike w
wait for it, waaaaiiiittttt forrr iiiitttttttt

1.5550 here we come for that retrace, then back down.
mike can i ask do u normally place pending order at these prices or at the 61.8 fib do u look for candle formation and then enter?
  • #97,094
  • Nov 11, 2008 9:07am Nov 11, 2008 9:07am
Quoting eohater
I was targeting 5350, but closed out at 5390. I'll jump back in if we get the right move up.
Excellent job bro!!
Patience + Discipline - Greed = Success
  • #97,095
  • Nov 11, 2008 9:12am Nov 11, 2008 9:12am
Quoting micho
no i dont show them my screen! i dont want them to know i play forex at work!!! lol
Thats good though. Talk about noise, I have people screaming buy this sell that all day long. Good thing I got my Ipod handy.
  • #97,096
  • Nov 11, 2008 9:15am Nov 11, 2008 9:15am
Good support 5380's. http://www.forexfactory.com/images/icons/icon8.gif
  • #97,097
  • Nov 11, 2008 9:18am Nov 11, 2008 9:18am
Quoting Infinity
Excellent job bro!!
You've done pretty good yourself today! I love it when we are all making money!

Let's short her ass again once she gains some more value.

BTW: I start 7 next week if all goes as planned this week!
Just digging in the trenches like everyone else!
  • #97,098
  • Nov 11, 2008 9:19am Nov 11, 2008 9:19am
I have my range for a buy now. Now just gonna wait to get my price.


One more dip down below 1.5400 please.
  • #97,099
  • Nov 11, 2008 9:20am Nov 11, 2008 9:20am
Quoting steelhead
I have my range for a buy now. Now just gonna wait to get my price.


One more dip down below 1.5400 please.
That could be a nice buy!

EVERYONE BECAREFUL. Countertrend trading is not for everyone! You need to know what your doing.
Just digging in the trenches like everyone else!
  • #97,100
  • Nov 11, 2008 9:23am Nov 11, 2008 9:23am
Quoting steelhead
I have my range for a buy now. Now just gonna wait to get my price.


One more dip down below 1.5400 please.
might have it here
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