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Cable Update (GBPUSD)

  • #97,341
  • Nov 12, 2008 5:03am Nov 12, 2008 5:03am
Quoting karmostaji
iv been screaming..

Tank!
mervin king provided the impetus for the fall! no bottom in sight yet, one sided trade for sterling for last few months, continuing
Trading is 80% Emotional, 20% Technical
  • #97,342
  • Nov 12, 2008 5:04am Nov 12, 2008 5:04am
Quoting gagakrimba
I'm still short.
Waiting for it to break 1.5000.
Maybe not today but im pretty sure soon
New low for today touch.
Let's see if it break 1.5200
  • #97,343
  • Nov 12, 2008 5:10am Nov 12, 2008 5:10am
1.51XX coming soon
  • #97,344
  • Nov 12, 2008 5:11am Nov 12, 2008 5:11am
Quoting ezmystic
was short from 5367 closed short at 5259
b*llocks, I almost hit short agai at 5269, but got nervous, still I've got a nic profit.
please DON'T copy my trades I am still learning
  • #97,345
  • Nov 12, 2008 5:12am Nov 12, 2008 5:12am
Damn she doesn't give the chance reversed up to set up a short !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #97,346
  • Nov 12, 2008 5:15am Nov 12, 2008 5:15am
i missed the entry at 1.5360 so all i will do is i waittttttttt

im not gonna short now
i will not short now
i will not short now
i will not be tempted and short now
i will not short now

When life gives you lemons, make lemonade
  • #97,347
  • Nov 12, 2008 5:16am Nov 12, 2008 5:16am
Quoting gagakrimba
1.51XX coming soon
1.5197 then 1.5170 to open the way to 1.5050
  • #97,348
  • Nov 12, 2008 5:16am Nov 12, 2008 5:16am
we hit the channel bottom already
When life gives you lemons, make lemonade
  • #97,349
  • Nov 12, 2008 5:16am Nov 12, 2008 5:16am
Quoting manize
Damn she doesn't give the chance reversed up to set up a short !
patience is the key, plenty of chances to reenter on bounce, cable fairly volatile at mo
Trading is 80% Emotional, 20% Technical
  • #97,350
  • Nov 12, 2008 5:17am Nov 12, 2008 5:17am
Quoting manize
Damn she doesn't give the chance reversed up to set up a short !
Dont wait for any kind of reversal.
I dont think there'll be any.
Maybe a samll retrace here and there
  • #97,351
  • Nov 12, 2008 5:18am Nov 12, 2008 5:18am
Quoting fx local
patience is the key, plenty of chances to reenter on bounce, cable fairly volatile at mo
that's my middle name
Trade what you see, not what you think.
  • #97,352
  • Nov 12, 2008 5:19am Nov 12, 2008 5:19am
Huh....nearly broke 1.5200.
One more push i hope
  • #97,353
  • Nov 12, 2008 5:24am Nov 12, 2008 5:24am
update 1 hour chart in gbp/usd - target still over 1,5600 (because daily is oversold)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd1hour.jpg Size: 107 KB
Twitter: Forexlivetrade - Buy: AFFI.CPH ISIN: DK0015966592 - target 12 DKK
  • #97,354
  • Nov 12, 2008 5:25am Nov 12, 2008 5:25am
should go UP according to http://algsnotes.blogspot.com/
ROBOT FOREX
  • #97,355
  • Nov 12, 2008 5:27am Nov 12, 2008 5:27am
channel bottom
Attached Image (click to enlarge)
Click to Enlarge Name: 2st alert-e.gif Size: 26 KB
When life gives you lemons, make lemonade
  • #97,356
  • Nov 12, 2008 5:27am Nov 12, 2008 5:27am
Quoting jckm
update 1 hour chart in gbp/usd - target still over 1,5600 (because daily is oversold)
take my advice and re-assess. This is no time to be stubborn.
  • #97,357
  • Nov 12, 2008 5:29am Nov 12, 2008 5:29am
i would sell at 1.53~ 1.5350 if it reached there, otherwise i will enjoy my day and do something else
i hope you do to, dont open shorts at the bottom. wait for retracements if it didnt come then let it go...
if you trade and lose you lose
if you avoid losing, you win
When life gives you lemons, make lemonade
  • #97,358
  • Nov 12, 2008 5:29am Nov 12, 2008 5:29am
Quoting jckm
update 1 hour chart in gbp/usd - target still over 1,5600 (because daily is oversold)
When will the target be achieved bro ?
I hope not next year
  • #97,359
  • Nov 12, 2008 5:33am Nov 12, 2008 5:33am
Add another short @ 1.5265.
Let's see if it can break 1.5200 this time
  • #97,360
  • Nov 12, 2008 5:34am Nov 12, 2008 5:34am
Quoting jckm
update 1 hour chart in gbp/usd - target still over 1,5600 (because daily is oversold)
even if this level will be hit, anyway, then it will go down, don't you think?
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