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Cable Update (GBPUSD)

  • #98,161
  • Nov 13, 2008 12:33pm Nov 13, 2008 12:33pm
Someone is pressing down this baby from moving northwards.
That will be temporary only.
I'm looking at 1.5000
  • #98,162
  • Nov 13, 2008 12:33pm Nov 13, 2008 12:33pm
Quoting micho
take it easy navin its only micro lots... it will get back to u
what is ur account size? u can still short a second one at a higher price if u have room
3k ....

it will go down more im sure
im just waiting to see if we get a lower high on 15 minute
  • #98,163
  • Nov 13, 2008 12:35pm Nov 13, 2008 12:35pm
Quoting alcando
Blerry ell!! I missed the whole session of that lovely pound slide and when I get back all annoyed its all ago go go! Scalped 100 on the long and 55 on the bounce. Justice!

Have a look at the EURUSD H1 candle... Chuck me Farley!!! Thats longer than allserene's viagra filled birthday candles!
generic cialis boy -- i tried powdered rhino horn - and spent all weekend chasing land rovers
  • #98,164
  • Nov 13, 2008 12:35pm Nov 13, 2008 12:35pm
Quoting nAVIN2007
3k ....

it will go down more im sure
I disagree.
I'm pretty sure we'll see 1.5000 soon
  • #98,165
  • Nov 13, 2008 12:35pm Nov 13, 2008 12:35pm
Quoting eohater
This is soooo true! Don't let your loosers wipe out your winners! Losses happen accept them and move on to the next entry.

Very nicely put bro!
Quoting nAVIN2007
thank u bro...100% correct
Patience + Discipline - Greed = Success
  • #98,166
  • Nov 13, 2008 12:35pm Nov 13, 2008 12:35pm
I would like to see the 1h close through the 10sma on the 1h hour.
Just digging in the trenches like everyone else!
  • #98,167
  • Nov 13, 2008 12:35pm Nov 13, 2008 12:35pm
Quoting nAVIN2007
3k ....

it will go down more im sure
im just waiting to see if we get a lower high on 15 minute
dont go long to hedge it... go short at a higher price and close both in between... i cant tell you where cause if it was wrong u will be in more trouble... i just look at 1.4788 now and see how the reaction there
When life gives you lemons, make lemonade
  • #98,168
  • Nov 13, 2008 12:37pm Nov 13, 2008 12:37pm
ladies and gentlemen, that was the bush effect hahahaha
When life gives you lemons, make lemonade
  • #98,169
  • Nov 13, 2008 12:37pm Nov 13, 2008 12:37pm
Quoting micho
ladies and gentlemen, that was the bush effect hahahaha

i definately wont hedge..
a lower high ....
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  • #98,170
  • Nov 13, 2008 12:38pm Nov 13, 2008 12:38pm
Quoting micho
dont go long to hedge it... go short at a higher price and close both in between... i cant tell you where cause if it was wrong u will be in more trouble... i just look at 1.4788 now and see how the reaction there
I've started long since 1.4650.
Additional entry every 50 pip upwards
  • #98,171
  • Nov 13, 2008 12:39pm Nov 13, 2008 12:39pm
OMG the problem is the visual image that creates...
Quoting allserene
generic cialis boy -- i tried powdered rhino horn - and spent all weekend chasing land rovers
Ride the Bulls bearback!
  • #98,172
  • Nov 13, 2008 12:40pm Nov 13, 2008 12:40pm
Quoting micho
ladies and gentlemen, that was the bush effect hahahaha
2:00pm USDhttp://www.forexfactory.com/images/m...act_medium.gifFederal Budget Balance
http://www.forexfactory.com/images/m...dar_detail.gif -237.2B
-99.0B45.7B


Wasn't Bush, was Fed. Bush barely moves market, as far as I've seen.
  • #98,173
  • Nov 13, 2008 12:40pm Nov 13, 2008 12:40pm
i see bearish divergence
When life gives you lemons, make lemonade
  • #98,174
  • Nov 13, 2008 12:41pm Nov 13, 2008 12:41pm
Here is something that I was looking at that makes me feel we could see a big retracement before heading lower....
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Patience + Discipline - Greed = Success
  • #98,175
  • Nov 13, 2008 12:43pm Nov 13, 2008 12:43pm
Quoting Infinity
Here is something that I was looking at that makes me feel we could see a big retracement before heading lower....
Check out your current working 4h candle getting ready to close in 17m.
Just digging in the trenches like everyone else!
  • #98,176
  • Nov 13, 2008 12:43pm Nov 13, 2008 12:43pm
first tp lying at 1.4788 hope to take a short there if reaction was good
Attached Image (click to enlarge)
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When life gives you lemons, make lemonade
  • #98,177
  • Nov 13, 2008 12:45pm Nov 13, 2008 12:45pm
eo what do u think about the last 15m candle??
When life gives you lemons, make lemonade
  • #98,178
  • Nov 13, 2008 12:46pm Nov 13, 2008 12:46pm
Quoting micho
eo what do u think about the last 15m candle??
North more! We're not done with this movement.
Just digging in the trenches like everyone else!
  • #98,179
  • Nov 13, 2008 12:48pm Nov 13, 2008 12:48pm
Well, it was just really nice to see someone willing to buy the lesser spotted british pound. I was stuck on mud island because of the strength of the economy and the GBP. Now I may as well be back in the bush in South Africa as these pounds are worthless and the economy has had that Monthly candle shoved up its' ...

Quoting m00jiman
2:00pm USDhttp://www.forexfactory.com/images/m...act_medium.gifFederal Budget Balance
http://www.forexfactory.com/images/m...dar_detail.gif -237.2B
-99.0B45.7B


Wasn't Bush, was Fed. Bush barely moves market, as far as I've seen.
Ride the Bulls bearback!
  • #98,180
  • Nov 13, 2008 12:48pm Nov 13, 2008 12:48pm
Quoting eohater
I would like to see the 1h close through the 10sma on the 1h hour.
Might get what I was wanting.
Just digging in the trenches like everyone else!
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