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Cable Update (GBPUSD)

  • #97,261
  • Nov 11, 2008 10:05pm Nov 11, 2008 10:05pm
Quoting eohater
Entered long at the new 15m candle opening for 5395.
Hey Bro, I just closed a short from 5452 and I'm going to sleep shortly with no open position. The h4 showed strong rejection off the 5sma and closed as an inverted hammer. Also the h1 and m15 are looking bearish.
Patience + Discipline - Greed = Success
  • #97,262
  • Nov 11, 2008 10:07pm Nov 11, 2008 10:07pm
Quoting Infinity
Hey Bro, I just closed a short from 5452 and I'm going to sleep shortly with no open position. The h4 showed strong rejection off the 5sma and closed as an inverted hammer. Also the h1 and m15 are looking bearish.
Thanks for your look! My SL is at 5375. Good job on your short bro! I'll catch you in the US Session!
Just digging in the trenches like everyone else!
  • #97,263
  • Nov 11, 2008 10:13pm Nov 11, 2008 10:13pm
No problem bro!! Good luck with your trade..
Patience + Discipline - Greed = Success
  • #97,264
  • Nov 11, 2008 10:22pm Nov 11, 2008 10:22pm
Quoting eohater
Entered long at the new 15m candle opening for 5395.
Any TP over that?!

I took it at 99 but showing hesitation now.
  • #97,265
  • Nov 11, 2008 10:25pm Nov 11, 2008 10:25pm
Quoting Inzider
Any TP over that?!

I took it at 99 but showing hesitation now.
My SL is +2. I would like to see 555x area for a nice short. I will be shorting between 555x - 5600 regardless of how far I get to ride this out.
Just digging in the trenches like everyone else!
  • #97,266
  • Nov 11, 2008 10:28pm Nov 11, 2008 10:28pm
If the current 1h candle closes above 5405, I'm expecting the next 1h candle to test 5405, if it's rejected, then I can see us going to 553x with a little overshot of that price. As I said before, I will be looking for my signals to short above that price.
Just digging in the trenches like everyone else!
  • #97,267
  • Nov 11, 2008 10:32pm Nov 11, 2008 10:32pm
Thx for the insight. Preatty realistic!

I just catched 52 pips down and 25 up, i'll look for your 5405 rebonce.
  • #97,268
  • Nov 11, 2008 10:49pm Nov 11, 2008 10:49pm
sUP... eo...

It guess all pairs ranging now

Sonic
  • #97,269
  • Nov 11, 2008 10:57pm Nov 11, 2008 10:57pm
Quoting sonicdeejay
sUP... eo...

It guess all pairs ranging now

Sonic
Sup Sonic!

I haven't looked at the other pairs, but GU looks like she's ranging a little. If we get a good break of 5455, we could see some nice upmovement. I'm not counting on that move just yet. I'm still seeing a retest of 5400 area first to confirm higher highs and higher lows.
Just digging in the trenches like everyone else!
  • #97,270
  • Nov 11, 2008 11:00pm Nov 11, 2008 11:00pm
Quoting eohater
Entered long at the new 15m candle opening for 5395.
I absolutely love entries like these. I only had like 6 pips draw down on this and she's up over 40 pips so far.
Just digging in the trenches like everyone else!
  • #97,271
  • Nov 11, 2008 11:09pm Nov 11, 2008 11:09pm
Quoting eohater
I absolutely love entries like these. I only had like 6 pips draw down on this and she's up over 40 pips so far.
You have a great sense ! Still you hold SL + 2 pips ?
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #97,272
  • Nov 11, 2008 11:21pm Nov 11, 2008 11:21pm
Quoting manize
You have a great sense ! Still you hold SL + 2 pips ?
I should have closed it out at +40. She closed me out at +2 from the recent test. I a was afraid I had it too tight. Oh well! No worries! My main session is US Session anyways.
Just digging in the trenches like everyone else!
  • #97,273
  • Nov 11, 2008 11:23pm Nov 11, 2008 11:23pm
Quoting eohater
I should have closed it out at +40. She closed me out at +2 from the recent test. I a was afraid I had it too tight. Oh well! No worries! My main session is US Session anyways.
I should learn from you to be a great trader !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #97,274
  • Nov 11, 2008 11:33pm Nov 11, 2008 11:33pm
Quoting eohater
I should have closed it out at +40. She closed me out at +2 from the recent test. I a was afraid I had it too tight. Oh well! No worries! My main session is US Session anyways.
I am bearish towards eur AND GBP bro...

Sonic
  • #97,275
  • Nov 11, 2008 11:54pm Nov 11, 2008 11:54pm
Quoting manize
You have a great sense ! Still you hold SL + 2 pips ?
I confirm, since the 05 test worked and we are now 40 over it!
  • #97,276
  • Edited 12:59am Nov 12, 2008 12:19am | Edited 12:59am
Quoting eohater
I should have closed it out at +40. She closed me out at +2 from the recent test. I a was afraid I had it too tight. Oh well! No worries! My main session is US Session anyways.
I took the call on the second test of 05. Closed at 35 pips. Wonder if you took it?
Am at 95 pips for now whit that ping pong game...

Look like a double top for now... what do you think?!

---------------------

Short @ 1.5465

----------------
Closed @ 1.5435

-------------
shorted again @ 1.5448
  • #97,277
  • Nov 12, 2008 1:03am Nov 12, 2008 1:03am
more downside coming for GU, gotta have patience
Trade what you see, not what you think.
  • #97,278
  • Nov 12, 2008 1:07am Nov 12, 2008 1:07am
Quoting karmostaji
more downside coming for GU, gotta have patience
Seems your are a GPBJPY "specialist", do you ever watch both chart at the same time.
I'm pretty amaze how they react together, gpy/jpy confirming the move...
  • #97,279
  • Nov 12, 2008 1:08am Nov 12, 2008 1:08am
If this is anything like yesterday, patience is what you need... didn't take off till 10:00 am yesterday, hopefully this will move sooner tonight
  • #97,280
  • Nov 12, 2008 1:28am Nov 12, 2008 1:28am
Quoting karmostaji
more downside coming for GU, gotta have patience
uptrend for now... PRice above Gann H1
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