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Cable Update (GBPUSD)

  • #98,181
  • Nov 13, 2008 2:48pm Nov 13, 2008 2:48pm
Quoting eohater
Check out your current working 4h candle getting ready to close in 17m.
My h4 closed at 3pm est.... but I see that if yours close in 12 minutes at these levels, it will be a bullish pin...
Patience + Discipline - Greed = Success
  • #98,182
  • Nov 13, 2008 2:49pm Nov 13, 2008 2:49pm
mother of all rallies in stocks!! and the yen, cable following suit lagging behind if anything,
Trading is 80% Emotional, 20% Technical
  • #98,183
  • Nov 13, 2008 2:50pm Nov 13, 2008 2:50pm

tp2 1.4880 with 1.486x lots of resistance

thanks man
When life gives you lemons, make lemonade
  • #98,184
  • Nov 13, 2008 2:51pm Nov 13, 2008 2:51pm
Quoting Infinity
My h4 closed at 3pm est.... but I see that if yours close in 12 minutes at these levels, it will be a bullish pin...
cable should mount some kind of recovery now, perhaps up day tomorrow inlight of G20 meeting this weekend perhaps.....
Trading is 80% Emotional, 20% Technical
  • #98,185
  • Nov 13, 2008 2:52pm Nov 13, 2008 2:52pm
Hi friends,


i'm here again.....

i've had a heavy day
after a good start with Cable,
a big stop has been caught ( 90 pips ) with €/$

now i'm searching an opportunity for a good entry 'cause i lost an entry @1.4660 with cable.
  • #98,186
  • Nov 13, 2008 2:53pm Nov 13, 2008 2:53pm
Quoting Infinity
My h4 closed at 3pm est.... but I see that if yours close in 12 minutes at these levels, it will be a bullish pin...
This is something I have found challenging with trading off of 4h candles only. Not everyone's 4h candle closes at the same time. 15m, 1h do though. We're not all on the same page with 4h candles.
Just digging in the trenches like everyone else!
  • #98,187
  • Nov 13, 2008 2:54pm Nov 13, 2008 2:54pm
Quoting fx local
cable should mount some kind of recovery now, perhaps up day tomorrow inlight of G20 meeting this weekend perhaps.....
It bounced strongly off strong previous support at the 1.45xx level. This could head to 1.51xx and then possibly 1.55xx imo....
Patience + Discipline - Greed = Success
  • #98,188
  • Nov 13, 2008 2:54pm Nov 13, 2008 2:54pm
oh crap...yes i think it is going to 1.5
  • #98,189
  • Nov 13, 2008 2:54pm Nov 13, 2008 2:54pm
Quoting fx local
mother of all rallies in stocks!! and the yen, cable following suit lagging behind if anything,
Yeah...lets ride on this baby for a change
  • #98,190
  • Nov 13, 2008 2:54pm Nov 13, 2008 2:54pm
Quoting fx local
mother of all rallies in stocks!! and the yen, cable following suit lagging behind if anything,
mkt closes in 8 minutes - i woke up to 5.5k down and now i am 11.5k up !

not excited - i know we will see 7900 dow again

watch gbp/euro go down with the profit taking on shares tomorrow
  • #98,191
  • Nov 13, 2008 2:55pm Nov 13, 2008 2:55pm
Quoting gagakrimba
Yeah 1.4650
typo error
Nice entry. up almost 200.
  • #98,192
  • Nov 13, 2008 2:55pm Nov 13, 2008 2:55pm
Quoting nAVIN2007
oh crap...yes i think it is going to 1.5
That's what I'm eyeing! My 1h is going to close above the 10sma like I was wanting. Time for people to take profit off their shorts, drive her up to the 1h 62ema so we can all short her ass going into the weekend for some nice change.
Just digging in the trenches like everyone else!
  • #98,193
  • Nov 13, 2008 2:56pm Nov 13, 2008 2:56pm
look at the euro go...
I closed out some good shorts on both cable and euro today.. If I had held on to them 'til now, I'd be pissed...
Patience + Discipline - Greed = Success
  • #98,194
  • Nov 13, 2008 2:57pm Nov 13, 2008 2:57pm
This is madness
EJ already 700 pips up.
  • #98,195
  • Nov 13, 2008 2:58pm Nov 13, 2008 2:58pm
Quoting Infinity
look at the euro go...
I closed out some good shorts on both cable and euro today.. If I had held on to them 'til now, I'd be pissed...

BONERRRR!!
  • #98,196
  • Nov 13, 2008 2:58pm Nov 13, 2008 2:58pm
Quoting allserene
mkt closes in 8 minutes - i woke up to 5.5k down and now i am 11.5k up !

not excited - i know we will see 7900 dow again

watch gbp/euro go down with the profit taking on shares tomorrow

close them out!!!!
  • #98,197
  • Nov 13, 2008 2:59pm Nov 13, 2008 2:59pm
Quoting nAVIN2007
oh crap...yes i think it is going to 1.5
I hope you closed out bro...
Patience + Discipline - Greed = Success
  • #98,198
  • Nov 13, 2008 3:00pm Nov 13, 2008 3:00pm
Quoting allserene
mkt closes in 8 minutes - i woke up to 5.5k down and now i am 11.5k up !

not excited - i know we will see 7900 dow again

watch gbp/euro go down with the profit taking on shares tomorrow
well everytime i buy now i go instantly onside its a great market!!
Trading is 80% Emotional, 20% Technical
  • #98,199
  • Nov 13, 2008 3:01pm Nov 13, 2008 3:01pm
There it goes.
Let's see 1.5xxx
  • #98,200
  • Nov 13, 2008 3:01pm Nov 13, 2008 3:01pm
where u will buy now? at which price
When life gives you lemons, make lemonade
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