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Cable Update (GBPUSD)

  • #97,761
  • Nov 12, 2008 4:18pm Nov 12, 2008 4:18pm
400++ pips drop consecutively on 2 days is too much to ask i think.
I guess we'll just have yo wait and see.
  • #97,762
  • Nov 12, 2008 4:21pm Nov 12, 2008 4:21pm
Quoting cesarg
eohater, or infinity

Guys, where do you expect to reenter short? at some spike to 1h 62 ema? or 15m 62 ema?
I am short since 4970...
Patience + Discipline - Greed = Success
  • #97,763
  • Nov 12, 2008 4:22pm Nov 12, 2008 4:22pm
Quoting ilia
What an interesting forum Some really interesting analysis done on this thread. Nice to know there is still a good place on the net to discuss Fx after the old days in Moneytec (anyone remember bunnygirl, soultrader? etc) I feel old lol.

Here is my thinking on cable:

http://myweb.tiscali.co.uk/ilia2u/CableAna.jpg

I'm really adamant on trading with the trend and will only consider longs if it moves up by atleast 1000 points or so. So I've just been waiting for chart patterns to emerge to pick good points to short. I think if we break the new low we will see 1.44 at least.

Entry orders placed

Edit: looks like my short has triggered
nice analysis..wellcome to the thread
  • #97,764
  • Nov 12, 2008 4:24pm Nov 12, 2008 4:24pm
Quoting Inzider
aside F12 you got PrtSc... then you can go over paint program.

MBt? 1.47xx ??????
Yes on MB pricing. Luckily I didn't have my stop in place yet.

I was playing around with it last night and I couldn't get it, I just figured out what I was doing wrong. I now need to hold down on the ALT, FN and PrtScrn tabs together. Before, I didn't need to hold the FN key.

Now, that I have that figured out. I'll be posting charts tonight! YEAH!!!
Just digging in the trenches like everyone else!
  • #97,765
  • Nov 12, 2008 4:24pm Nov 12, 2008 4:24pm
Quoting eohater
This is too freaking wierd! I wish I knew how to take screen prints with my new laptop (I just haven't taken the time to learn yet). But check this out. My bid price was just 1.4750 and ask was 1.4980. Holy Shit!

thats not good
  • #97,766
  • Nov 12, 2008 4:27pm Nov 12, 2008 4:27pm
Quoting nAVIN2007
thats not good
I called my broker. They reminded me that from 4:58pm-5:03pm, my broker rejects orders. They call it their turn of the day on pricing. They said no orders get filled during these times. That just freaked me out seeing those prices for a minute.

Now, lets see her fall on her face hopefully!
Just digging in the trenches like everyone else!
  • #97,767
  • Nov 12, 2008 4:30pm Nov 12, 2008 4:30pm
I'm outta her guys. I'll be back during the middle of the Asian session. Family time is about to begin for me and tonight is guys night out.

Everyone trade well. My order is green and secured with +2. If I get closed out, I'll be shorting from higher on up.
Just digging in the trenches like everyone else!
  • #97,768
  • Nov 12, 2008 4:34pm Nov 12, 2008 4:34pm
Asian session can be crazy sometimes.
Expect the unexpected
  • #97,769
  • Nov 12, 2008 4:35pm Nov 12, 2008 4:35pm
sometimes I wonder, if this is really happening...........I mean, how much longer can the Pound fall?? The charts tell me that its falling, but so fast??
  • #97,770
  • Nov 12, 2008 4:35pm Nov 12, 2008 4:35pm
Quoting eohater
I'm outta her guys. I'll be back during the middle of the Asian session. Family time is about to begin for me and tonight is guys night out.

Everyone trade well. My order is green and secured with +2. If I get closed out, I'll be shorting from higher on up.
Patience + Discipline - Greed = Success
  • #97,771
  • Nov 12, 2008 4:36pm Nov 12, 2008 4:36pm
Quoting AmeriTrini
sometimes I wonder, if this is really happening...........I mean, how much longer can the Pound fall?? The charts tell me that its falling, but so fast??
It's not done yet....
Patience + Discipline - Greed = Success
  • #97,772
  • Nov 12, 2008 4:36pm Nov 12, 2008 4:36pm
Quoting AmeriTrini
sometimes I wonder, if this is really happening...........I mean, how much longer can the Pound fall?? The charts tell me that its falling, but so fast??
thin market perhaps making things that much faster?
Trading is 80% Emotional, 20% Technical
  • #97,773
  • Nov 12, 2008 4:44pm Nov 12, 2008 4:44pm
Quoting AmeriTrini
sometimes I wonder, if this is really happening...........I mean, how much longer can the Pound fall?? The charts tell me that its falling, but so fast??

yes its flipping incredible monthly chart suposed to show good supports and this is breaking them like we on 5 minute chart..ITS NUTS HUH BRO!
I think what used to take time to happen now happens so much quickier, somebody got this on fast farward
  • #97,774
  • Nov 12, 2008 4:50pm Nov 12, 2008 4:50pm
she goes!!
  • #97,775
  • Nov 12, 2008 4:52pm Nov 12, 2008 4:52pm
Quoting Infinity
I think both will fall after interest is paid...
Patience + Discipline - Greed = Success
  • #97,776
  • Nov 12, 2008 4:55pm Nov 12, 2008 4:55pm
i could stay up all night watching this. haven't got any open trades unfortunately so I' going to bed, got to get up early for London open.
please DON'T copy my trades I am still learning
  • #97,777
  • Nov 12, 2008 4:58pm Nov 12, 2008 4:58pm
Quoting AmeriTrini
sometimes I wonder, if this is really happening...........I mean, how much longer can the Pound fall?? The charts tell me that its falling, but so fast??
It's dropping to a bottomless pit.
I guess another 400++ pip drop in the offering today
  • #97,778
  • Nov 12, 2008 4:59pm Nov 12, 2008 4:59pm
Quoting gagakrimba
It's dropping to a bottomless pit.
I guess another 400++ pip drop in the offering today
with the Asia session......seems unlikely, I am short though.
  • #97,779
  • Nov 12, 2008 5:05pm Nov 12, 2008 5:05pm
Hey guys, been a good day for me on GU. Where do you see support

I am actually really surprised at virtually zero retracement on this pair. Wow, big bucks to be made!
  • #97,780
  • Nov 12, 2008 5:12pm Nov 12, 2008 5:12pm
Imagine guys that you live in GB and 1 morning you have 1,53 and and when you wake up next one it is 1,43.That is to much i think.No one will sell for that rate so the rate will go up.I notice that if fall is fast it goes up almost 100%.But this go for london sesson.We are in assia now.

On the other hand, all indicators are below 0 on all TF so no signs for longs.I still remeber that night when cable was falling all night long.

Don't know why i just want to go long and then short from DP maybe.i was trading Asia session just ones so...
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