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Cable Update (GBPUSD)

  • #98,641
  • Nov 17, 2008 4:28am Nov 17, 2008 4:28am
I go short, so it stalls and then goes up again.
  • #98,642
  • Nov 17, 2008 4:32am Nov 17, 2008 4:32am
i see some uncertainty now, i'll better stay away.
  • #98,643
  • Nov 17, 2008 4:36am Nov 17, 2008 4:36am
I thought about it but the spikies did not look good

Quoting vorschlag
The next time she puts down her pants to pee on your stoploss, inlay into her from behind.
Ride the Bulls bearback!
  • #98,644
  • Nov 17, 2008 4:39am Nov 17, 2008 4:39am
Quoting alcando
Bugger! She ran up and p'ed on my SL and then ran away. I'll get you girl. Come and visit Mr 1.5 and see what I do to you...
where was your stop loss?
When life gives you lemons, make lemonade
  • #98,645
  • Nov 17, 2008 4:42am Nov 17, 2008 4:42am
thats it for me for now. Missed the long and BE'd the shorts so I need to shake off the itch to get some action. See you guys when the US rock and roll action session starts. Don't let it start without me.
Ride the Bulls bearback!
  • #98,646
  • Nov 17, 2008 4:44am Nov 17, 2008 4:44am
Initial at 25 moved to BE+1 after 20+ up so nothing lost but my patience...

Quoting micho
where was your stop loss?
Ride the Bulls bearback!
  • #98,647
  • Nov 17, 2008 4:45am Nov 17, 2008 4:45am
Quoting alcando
Initial at 25 moved to BE+1 after 20+ up so nothing lost but my patience...
okay
When life gives you lemons, make lemonade
  • #98,648
  • Nov 17, 2008 4:46am Nov 17, 2008 4:46am
Dollar is getting a kicking from all angles today!
  • #98,649
  • Nov 17, 2008 4:48am Nov 17, 2008 4:48am
There is a struggle at the top.

But which way will it move?
  • #98,650
  • Nov 17, 2008 4:49am Nov 17, 2008 4:49am
She is going to break up most likely this time after testing this area several times.
  • #98,651
  • Nov 17, 2008 4:51am Nov 17, 2008 4:51am
I thought it might be out of gas.

But Ill take it whichever way it goes.
  • #98,652
  • Nov 17, 2008 4:51am Nov 17, 2008 4:51am
Quoting PipLand
Dollar is getting a kicking from all angles today!
dont get over exited with the longs
When life gives you lemons, make lemonade
  • #98,653
  • Nov 17, 2008 4:51am Nov 17, 2008 4:51am
im still thinking up esp with the dollar weakness across the board, in any case I wouldnt go long, just look for a better shorting position
  • #98,654
  • Nov 17, 2008 4:52am Nov 17, 2008 4:52am
I suspect there is some initial indecision following the G20 waste of time. I don't believe there is enough direction to drive this anywhere until we get some news or US Market opens and either catches a tan or a cold, or both...
Ride the Bulls bearback!
  • #98,655
  • Nov 17, 2008 4:55am Nov 17, 2008 4:55am
90% retrace to 1.489x area before going either ways
When life gives you lemons, make lemonade
  • #98,656
  • Nov 17, 2008 4:55am Nov 17, 2008 4:55am
10% for the devil
When life gives you lemons, make lemonade
  • #98,657
  • Nov 17, 2008 4:58am Nov 17, 2008 4:58am
Morning all.We are above gann on 15,1hr,4 hr charts.On 4 hr we had reverse bearish divergance,but i think that played out in that GAp we had on week opening today.Waiting to 4 hr close abobe 4965-75 area so i could go long with target arrount 5020 area.On daily we have bulish divergance.Last time it was on daily we had nice retrace on up,but for that we are still in negative zone on MACD.So for now just small retrace.If that divergance plays look fib and maybe even 50fib(5600 area most likly,cable loves 50 fib).

For now i am short from 4945(pivot line acting as resistance,last high area as well so small risk place for trade.If MACD goes in red and price stays in range then in US session or sooner we are going down and i will add some shorts again.That is plann for now.My office closed almost all shorts because of this daily possible divergance on daily.They say if goes more down we will open again new positions.Will see

Oh yes daily gann is at 50 fib as well.Blue line.
Attached Image (click to enlarge)
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  • #98,658
  • Nov 17, 2008 4:59am Nov 17, 2008 4:59am
Quoting "expert"
Morning all.We are above gann on 15,1hr,4 hr charts.On 4 hr we had reverse bearish divergance,but i think that played out in that GAp we had on week opening today.Waiting to 4 hr close abobe 4965-75 area so i could go long with target arrount 5020 area.On daily we have bulish divergance.Last time it was on daily we had nice retrace on up,but for that we are still in negative zone on MACD.So for now just small retrace.If that divergance plays look fib and maybe even 50fib(5600 area most likly,cable loves 50 fib).

For now i am short from 4945(pivot...
bravo expert, im short at 22
When life gives you lemons, make lemonade
  • #98,659
  • Nov 17, 2008 5:00am Nov 17, 2008 5:00am
maybe scalp until 1.489x
When life gives you lemons, make lemonade
  • #98,660
  • Nov 17, 2008 5:02am Nov 17, 2008 5:02am
Quoting "expert"
Morning all.We are above gann on 15,1hr,4 hr charts.On 4 hr we had reverse bearish divergance,but i think that played out in that GAp we had on week opening today.Waiting to 4 hr close abobe 4965-75 area so i could go long with target arrount 5020 area.On daily we have bulish divergance.Last time it was on daily we had nice retrace on up,but for that we are still in negative zone on MACD.So for now just small retrace.If that divergance plays look fib and maybe even 50fib(5600 area most likly,cable loves 50 fib)....
thanks for sharing
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