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Cable Update (GBPUSD)

  • #98,721
  • Nov 17, 2008 7:39am Nov 17, 2008 7:39am
Quoting micho
so you locked your loss...
Yeah I dont hedge, dont see the point, i locked in my loss!
  • #98,722
  • Nov 17, 2008 7:40am Nov 17, 2008 7:40am
Quoting PipLand
yeah i should have stuck to my original assesment oh well only a few pips and small lot size, i'll enjoy the ride watching this go up for now though
It was a Bull flag...

if u still have Short... tight ur SL...
if u wanna Long..wait for minor retracement n go in...too high as for now..


Sonic
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  • #98,723
  • Nov 17, 2008 7:42am Nov 17, 2008 7:42am
Quoting PipLand
Yeah I dont hedge, dont see the point, i locked in my loss!
to me.. hedging is some kind of covering up ur loss...no gd to ur emotion either...

Come clean and plan for nex gr8 trade...

Sonic
  • #98,724
  • Nov 17, 2008 7:42am Nov 17, 2008 7:42am
Quoting sonicdeejay
It was a Bull flag...

if u still have Short... tight ur SL...
if u wanna Long..wait for minor retracement n go in...too high as for now..


Sonic
Went long on the break 1.4951
  • #98,725
  • Nov 17, 2008 7:45am Nov 17, 2008 7:45am
Quoting PipLand
Went long on the break 1.4951

Me too, well actually at 1.4960.

Just had to make sure it was clear break.

Is your deal still open? I took profit at 1.4993
  • #98,726
  • Nov 17, 2008 7:50am Nov 17, 2008 7:50am
Quoting Niandra_lade
Me too, well actually at 1.4960.

Just had to make sure it was clear break.

Is your deal still open? I took profit at 1.4993
Yeah deal still open, it pierce the major resistance so hopfully a move up to the trend line 1.5xx area, only got small position on though until its def ready to go down
  • #98,727
  • Nov 17, 2008 7:59am Nov 17, 2008 7:59am
yep 1.5053 very likely now...
When life gives you lemons, make lemonade
  • #98,728
  • Nov 17, 2008 8:06am Nov 17, 2008 8:06am
Quoting micho
yep 1.5053 very likely now...
This fake USD bull has to come to an end...sooner or later..

Sonic
  • #98,729
  • Nov 17, 2008 8:06am Nov 17, 2008 8:06am
depends 100% on equities.
USD Est Non Mortuus
  • #98,730
  • Nov 17, 2008 8:11am Nov 17, 2008 8:11am
Quoting sonicdeejay
This fake USD bull has to come to an end...sooner or later..

Sonic
i just follow the charts
When life gives you lemons, make lemonade
  • #98,731
  • Nov 17, 2008 8:14am Nov 17, 2008 8:14am
1.5053 should be a huge resistance and target area
When life gives you lemons, make lemonade
  • #98,732
  • Nov 17, 2008 8:17am Nov 17, 2008 8:17am
Quoting micho
1.5053 should be a huge resistance and target area
what's this level?
  • #98,733
  • Nov 17, 2008 8:17am Nov 17, 2008 8:17am
it's 5065 on my chart

i think it's the 38.2% retracement fibs...
is that correct micho?
Money management is good for your health...
  • #98,734
  • Nov 17, 2008 8:19am Nov 17, 2008 8:19am
Quoting micho
1.5053 should be a huge resistance and target area
minor resistance @ 5053, major resistance @ 5270.
  • #98,735
  • Nov 17, 2008 8:20am Nov 17, 2008 8:20am
great US News Today.
  • #98,736
  • Nov 17, 2008 8:22am Nov 17, 2008 8:22am
Quoting 13thheaven
it's 5065 on my chart

i think it's the 38.2% retracement fibs...
is that correct micho?
its the 38% of the last daily yep... 1.5057 in my charts sorry
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When life gives you lemons, make lemonade
  • #98,737
  • Nov 17, 2008 8:22am Nov 17, 2008 8:22am
hoping to get to 1.52xx and short from there, got 100 fib level and a nice down trend for back up! mmm should be nice, fingers crossed
  • #98,738
  • Nov 17, 2008 8:24am Nov 17, 2008 8:24am
Quoting PipLand
hoping to get to 1.52xx and short from there, got 100 fib level and a nice down trend for back up! mmm should be nice, fingers crossed
There you go.......
  • #98,739
  • Nov 17, 2008 8:25am Nov 17, 2008 8:25am
Quoting AmeriTrini
minor resistance @ 5053, major resistance @ 5270.
5270 is the 61% of the 4h... so i think they are even in strength
When life gives you lemons, make lemonade
  • #98,740
  • Nov 17, 2008 8:28am Nov 17, 2008 8:28am
Quoting micho
5270 is the 61% of the 4h... so i think they are even in strength
5262 ish area also being the previous double bottom so should be stronger IMHO
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